Abstract:
Banks as a financial institution mobilize funds from surplus unit to deficit unit. Basically, Banks
create money through collecting deposits and providing loans to deficit units to facilitate their
business operation. This functions that distinguishes banks from other financial institutions, Banks
collect deposits at low costs and charge higher interest when they give it as a loan. The spread
between cost of deposit and charge interest from the borrower banks make revenue. As a serviceoriented
industry, banks provide different services to its customers including giving loans at
reasonable cost, assisting in foreign trade, discounting bill of exchange, overdraft facilities, foreign
currency exchange and consultancy.
Foreign trade business is one of the prime divisions of the Bank. It includes an incredible commitment
to the income of the bank. Major parcel of income comes from foreign trade. On the other hand, it
incorporates an eminent commitment to the GDP of the nation. Export and import are potential
weapons of creating the Bangladesh economy and can play an imperative part in accomplishing the
country's socio-economic destinations counting destitution lessening objectives. From the beginning
financial globalization and deregulation of foreign trade arrangement both import and export have
been rising altogether. The most driving constrain of the RMG division completely depends on export
profit which makes a difference Bangladesh to construct a sound foreign trade save and smooth
transition foreign trade operations of our nation. In arrange to advance foreign trade, the effectiveness in foreign administration could be a prerequisite that must be guaranteed.
