Abstract:
Banking sector of Bangladesh is one of the major sectors, which contributes significantly to
the national economy. The sector comprises a number of banks in various categories.
Al-Arafah Islami Bank Limited is scheduled commercial bank registered by the Bangladesh
Bank. AIBL started its journey in 1995 with the said principles in mind and to introduce a
modern banking system based on Al-Qur’an and Sunnah. The functions of the bank cover a
wide range of banking and functional activities to individuals, firms, corporate bodies and other
multinational agencies. In this report, I tried to analyze Foreign exchange & remittance
Statement Analysis of Al-Arafah Islami Bank.
In the first part of the report, I discussed about the background of the report as it is the
introductory part. In this part, I discussed about the objective of my report, its importance and
methods used to prepare it.
In the second part of the report, I gave a brief introduction of AIBL. I discussed about the
organization overview, mission and vision of the organization and objectives and performance
of the bank at a glance etc.
In the third chapter, I tried to give a theoretical aspect of foreign exchange department activities
of AIBL.
The fourth part I discuss all about rules & regulations of foreign exchange department, how to
open lc, to gather fund.
The fifth part consists of the findings that I observed in AIBL, Uttara Branch, during the period,
my recommendations to the branch based on the drawbacks and a brief conclusion on the
overall report. I performed this part on the basis of Foreign Remittance Analysis.
