...Case Study – bKash Building the largest payment service provider in Bangladesh! CONFIDENTIAL Aiaze Mitha, Neu-Anspach, 20 November 2013 Bangladesh Demographics Population 160 m Financial Access Banking Penetration ONLY 14% Telco Penetration 60% ( 96 m ) Banglalink(45m), Grameenphone(40m), Robi(31m), Airtel(17m) etc Need for Mobile Money • Agro based economy , need to Improve access to financial services • Significant domestic and international remittances • A service that can be linked to microfinance CONFIDENTIAL 2 Overview Description Partners A Joint Venture of BRAC Bank and Money in Motion of the USA was launched in July, 2011, dedicated to serve the unbanked. BRAC (Bank) Money In Motion(Technology) Seg1 – 60 millions do not have banking access but have mobile phones . 83% population lives on less than $2 a day. Target Consumer Segments Seg2 - Transfer Money – $ 64 b (Domestic ) , $ 14 b Incoming International Remittances Seg3 – 300 MFIs, 24million borrowers ( 6million active ) CONFIDENTIAL 3 bKash – A Subsidiary of BRAC Bank BRAC Bank started its journey in 2001, Bangladesh fastest growing bank which has 86 Branches, 21 SME Service Centers, 48 SME/Krishi Branches, over 300 ATMs and 400 SME Unit offices across the country. It has disbursed over BDT 220,139 million of SME loan and has over 1,200,000 individual customers who access online banking facilities. Its services cuts across all strata of clientele, be it corporate, retail or SME. bKash Limited...
Words: 435 - Pages: 2
...traditional e-banking system. Purpose of the Research DBBL mobile banking is the online based payment system of Dutch Bangla Bank Ltd and is one of the leading mobile phone based payment switch in Bangladesh. There is many such phone based switch systems are playing in the market like bKash by BRAK Bank, Ok banking by One Bank, Ucash by UCB etc. Though DBBL mobile banking has its growing market again it cannot take the position of bKash by BRAK. The general purpose to conduct this study is to determine the reasons why DBBL mobile banking is getting failed to take the market comparing to bKash. In order to identify the limits of this study Dutch Bangla Bank Ltd has to identify study areas to be addressed. A careful analysis of those question areas led to the development of the following specific research objectives: * To identify the market divergence between the DBBL mobile banking and bKash * To determine customers or users experience in case of DBBL mobile banking * To determine the market share of DBBL mobile banking * To know customers need to use this payment switch as well as the degree of use interface of this payment switch * To review the market strategy of bKash and compare with the DBBL mobile banking...
Words: 1082 - Pages: 5
...Mobile Banking in Bangladesh g GOVT. TOLARAM COLLEGE 2015 A Study On “Mobile Banking System in Bangladesh” Prepared By Sheikh Shamcur Rahman (Tusher) Bachelor of Business Administration Faculty of Business & Economics Daffodil International University E-Mail: tusherdiu@yahoo.com Web: www.purnotabd.weebly.com www.daffodilvarsity.edu.bd Acknowledgemt Acknowledgement First of all, I want have directly to give all the praise to almighty Allah. I am indebted to them who helped us in conducting of the report. Specially, I am grateful to my supervisor Nazmun Nahar madame who , assigned me to prepare the term paper on health sector analysis of Bangladesh. Finally , I would like to express thanks to my cordial supervisor and my classmates. I am also grateful to the authority and other students of economics department and other various sources for collecting the valuable information. Mohammad Kabir Hossain Roll No: 9572525 Regi No: 1612908 Table of content Tropic | Page No | Acknowledgement | 02 | Table of content | 03 | Introduction part | Executive Summary of the Report | 04 | Objective of the report | 05 | Methodology of the Report | 05 | Literature Review | 07 | Introduction of the Report | 08 | Analysis Part | Mobile Banking Background | 11 | Challenges for a Mobile Banking Solution | 14 | History of Mobile Banking...
Words: 8904 - Pages: 36
...WARD’s 11days Training on Bangladesh Labor Law Application Course on Bangladesh Labor Law [ACBLL] Date: November 07-December 13, 2014 Day: Friday & Saturday of Every week Time: 6.00 pm to 9.00 pm Registration deadline: November 03, 2014 Venue: WINGS Centre, Dhanmondi, Dhaka. OUR UNIQUENESS Role Play & Activities Whole training will be conducted based on Role Play, Case Study, Self activity, hands on exercise, experiential learning, group work etc. Professional Panel There will be some panel discussion session along with renowned Labor Law practitioners in the country for achieving updated knowledge on different aspects of Labor Law. TRAINING OVERVIEW Outcome of the Program: After successful completion of the program, the participants will be able to do all operational activities of HR as well as will know the practical HR practices in context of Bangladesh. Understand the changes in amendment law 2013 Use the practical knowledge to implement different sections of labor law To conduct Factory Audit in line with BLL 2006 [amendment 2013] To prepare Factory for any kind of Social Audit in line with BLL 2006 [amendment 2013] To handle employee relations, grievances, disciplinary issues, accurate settlement under the guidance of BLL 2006 [amendment 2013] Make Trade Union & deal with CBA Understand WPPF calculation, entitlement, distribution & investment Target Participants HR Professionals Compliance Professionals ...
Words: 678 - Pages: 3
...certain resources, to fall behind. Now, when the world once again is deciding to acknowledge these economic downfalls, there is quite a process to be done. In many cases do we hear about starvation and nutritional deprivation being one of the main breakdowns of needy countries such as Africa and India. In cases like these, communication is mandatory. In order to uplift these...
Words: 1056 - Pages: 5
...Literature Review: 1. Chapter Introduction: Literature review demonstrates the researcher’s knowledge and interest about a particular field of study, including key variables and phenomena, vocabulary, and its methods history. Before any research it is very important to do Literature review. Because the topic we are researching about, someone may done this research before. There are some reasons to do Literature review: To conduct a ‘preliminary’ search of existing material, to organize valuable ideas and findings, to identify other research that may be in progress, to generate research ideas, to develop a critical perspective. The literature review has been developed to discuss the fundamental concepts and key authors associated with the subject matter. It includes “mobile banking” and “opportunities and challenges of mobile baking” as these are directly representative of the academic discussion on the subject of investigation. As a literature review needs to be sufficiently critical in a balanced way, the literature review for this study aims to do in the discussion of the opportunities and challenges of the subject matter through impartial assessment of the relevant concepts. 1.1. Opportunity & Challenges of Mobile Banking: 1.1.1. Mobile Banking: Today is the era of fast forward life style. Everything we need or want, we want it in a minimum time. Like all other things we also need a fast forward banking. The result of it is mobile banking. Mobile banking means the...
Words: 3733 - Pages: 15
...Department of Business Administration Manarat International University Subject: Submission of Internship Report on “An Analysis of Financial Performance of BRAC Bank Ltd” Dear Sir, With due respect to state that I am AL SUKRAN, ID-1413MBA50346 is a student of Masters of Business Administration of Manarat International University. I am delighting to submit here with a copy of internship report for your kind evaluation and appreciation. I have given my best effort to prepare the report with relevant information that I have collected from BRAC BANK LTD and from other sources during my internship program. I have the immense pleasure to have the opportunity to study on “An Analysis of Financial Performance of BRAC Bank Ltd”. There is no doubt that the knowledge I have gathered during the study will help me in real life. For your kind consideration I would like to mention that there might be some errors and mistakes due to limitations of my knowledge. I hope that you will forgive me...
Words: 7954 - Pages: 32
...Chapter: 1: Introduction 1.1 Origin of the study: This report is originated as the course requirement of the BBA program under the business studies faculty UAP. Under this program students of this faculty must go through an internship program of 3 months duration. As practical orientation is an integral part of BBA degree requirement, I was sent to IFIC bank, Lalmatia Brunch to take real life exposure of the activities of financial institution from 01, June 2014. 1.2 Background of the Study: Modern banks play an important part in promoting economic development of a country. Banks provide necessary funds for executing various programs underway in the process of economic development. Economy of Bangladesh is in the group of world’s most underdeveloped economies. One of the reasons may be its underdeveloped banking system. Government as well as different international organizations have also identified that underdeveloped banking system causes some obstacles to the process of economic development. So they have highly recommended for reforming financial sector. Since 1990, Bangladesh Government has taken a lot of financial sector reform measurements for making financial sector as well as banking sector more transparent, and formulation and implementations of these reform activities has also been participated by different international organization like World Bank, IMF etc. I was placed in IFIC Bank Limited, for 12 weeks long Internship Program to acquire practical knowledge...
Words: 5565 - Pages: 23
...Introduction In the current phase of ‘Age of Discontinuity” and “Continuous Change” human resource recruitment play an important role in the pursuit of capable and potential employees. We were given the chance to choose an organization and conduct and interview of a HR manager so that we can learn a lot about the HR activities. We choose BRAC Bank as our company because BRAC Bank has one of the strongest Human Resource Departments in the banking industry. And all the credit of their current performance in the banking sector goes to the “People” of the organization which are selected and retained by the HR department. In this report we will be discussing mainly about the Human Resource activities such as recruitment, selection, orientation, training and compensation procedures of BRAC Bank. Since the bank deals with different type of employees in different level of the organization it is almost impossible to discuss everything. That’s why we have decided to focus mainly on HR activities regarding the entry level positions of BRAC Bank. But we will also try to discuss some of the other positions as well but very vaguely. Page 1 of 36 BRAC BANK- Company Background Brac Bank is one of renowned private commercial bank in Bangladesh. It established in Bangladesh under the Banking Companies Act, 1991 and incorporated as private limited company on 20 May 1999 under the Companies Act, 1994. And it started its banking journey on July 04, 2001. BRAC Bank Limited is an affiliate...
Words: 6661 - Pages: 27
...online banking is also referred as Electronic banking or Internet banking. As the world is going global so people from different countries are now getting engaged in business and other activities thus they now need very fast and easy access to bank accounts to fulfill the exchange formalities. In Bangladesh many banks have adopted online banking, these banks are HSBC, SCB, Citi Bank NA, Dutch Bangla Bank, City Bank, Bank Asia, Eastern Bank, Jamuna Bank, UCBL, AB Bank etc. All of them have adopted the online banking but there is difference in the style of providing the service, some are quite advanced and some are at the initial stage. Our study is all about to discover and present the current status of online banking in Bangladesh. Besides this, we also identify the scopes and challenges of online banking in Bangladesh. Objective of the study Our primary objective...
Words: 5635 - Pages: 23
...Foreign Remittance A Case Study on Southeast Bank Ltd, Chouhatta Branch, Sylhet An Internship Report On Foreign Remittance A case study on Southeast Bank Limited, Chouhatta Branch, Sylhet SUBM ITTED TO Department of Business Administration SUPERVISED BY Najia jahura Lecturer Department of Business Administration Leading University, Sylhet Submitted By Syed azazul Haque ID: 1101010263 Dept. of Business Administration Leading University DATE of Submission 28th March 2015 LETTER OF TRANSMITTAL Date: 28th March 2015 Najia Jahura Lecturer, Business Administrtion, Leading University Subject: Submission of Internship Report Dear Madam, I am here by submitting my Internship Report, which is a part of the BBA Program curriculum. It is great achievement to work under your active supervision. This report is based on Foreign Remittance Division of Southeast Bank Limited. I have got the opportunity to work in SOUTHEAST bank limited in foreign remittance department of Chouhatta branch for twelve weeks, under the supervision of Md. Mijanur Rahman, Principal Officer. This project gave me both academic and practical exposures. First of all I learned about the organizational culture of a prominent banking organization of the country. Secondly, the project gave me the opportunity to develop a network with the corporate...
Words: 12176 - Pages: 49
...Mobile Banking “Banking in Your Hand” 11/24/2013 Department of Management Information Systems University of Dhaka Dhaka 1000, Bangladesh An Assignment on “Mobile Banking” Prepared by: ID: 05-036 ID: 05-048 ID: 05-053 ID: 05-054 ID: 05-067 Md. Khalilur Rahman Ashik Ahmed Md. Taijul Islam Jowel Sarker Md. Nurul Amin Prepared for: Mr. Ariful Islam Apu Lecturer Department of Management Information Systems University of Dhaka Page 2 of 26 Executive Summary Importance of banking system in a country is increasing day by day. It is quite impossible for any country to develop in industrial and commercial sector without sound banking system in modern economic era. Mobile Banking is one of the significant functions of the bank. It plays a vital role in overall economy of the country. Bank collects information from numerous sources relating to cost and revenue from Customer Management. Globalization of national economies has given a boost to international trade. The seller and the buyer in an international trading transaction must agree for a product or its quality, price etc. enter into a sales contract, spelling out precisely shipping and delivery details, terms of payment, required documentation and other related issues including dispute settlement procedure and legal framework available. The major objectives of my report is to describe the Mobile banking system of our country, measurement the employee behavior and performance, determine the wide range of services, and evaluate...
Words: 8269 - Pages: 34
...Executive Summary From the dawn of human civilization people use many ways to communicate with each other & those ways of communication were changed or updated time to time because of new innovation & demand. The power of telephony is forging a new enterprise culture, from banking to agriculture to health care. The opportunities that lie in the telecom industry seem endless & lucrative due to the continuous innovation & growing demand for mobile telephony. Mobile phone has become an indispensable part of Bangladesh's everyday-life and has made a "safe haven" in one of our pockets much like our wallet that we never want to leave at home while we head for our work! Thanks to the telecom-revolution and its relentless evolution that together have made it possible even in developing countries like Bangladesh. This is the dominant device that we now express ourselves through, get our work done and share our pains and pleasures with. In this paper we have analyzed the mobile telecom industry of Bangladesh on the basis of Porter’s five forces model. Here we also show the historical background of Bangladeshi telecommunication sector, the key points of bargaining of suppliers & customers, impact of internet on telecommunication sector, impact of internet on annual growth of the mobile operators, problems of telecommunication sector in Bangladesh, future prospects of telecommunication sector & so on. Here we have also analyzed the competitive strategy of...
Words: 9332 - Pages: 38
...Foreword I do not claim to have read the manuscript Of Changes and Transformations: Bangladesh Bank [July 2009-June 2013] highlighting changes the central bank has gone through in the past four years, but certainly had a cursory look at it. The publication of the book is of great significance at a time when the present government has just completed its four years in office. I welcome this initiative by Bangladesh Bank. I would like to thank Governor Dr. Atiur Rahman and others concerned with the project. The effort put in by the editors and their team of script writers to enrich the volume is certainly praiseworthy. I am extremely delighted to have the opportunity to write few words upon the book. Here I would like to touch upon the key aspects of the revolutionary changes that I have witnessed in Bangladesh Bank during the past four years. Firstly, digitization has taken place rapidly in the central bank and the whole banking sector was quick to follow suit. Secondly, mobile banking has been introduced and expanded significantly. This process will come its fruition with the introduction of PayPal payment system. Thirdly, revolutionary changes have taken place in CSR. Fourthly, Bangladesh Bank has achieved commendable success in financial inclusion program. Bangladesh Bank's role in involving the mass people into financial activities is undeniable. Finally, the establishment of Currency Museum is a great initiative of Bangladesh Bank. I would now like to say a few words on the...
Words: 93727 - Pages: 375
...Analysis of Prime Bank overall performance from strategical point of view Letter of Transmittal Date: 15-04-2013 To Leo V Dewri, Lecturer Department of Business Administration, East West University Aftab Nagor, Jahirul Islam Avenue, Dhaka 1212. Subject: Submission of a term paper on “Analysis of Prime Bank overall performance from strategical point of view”. Dear Sir, We, the students of Strategic Management (MGT-480), would like to present a term paper on “Analysis of Prime Bank overall performance from strategical point of view”. To complete this term paper we have gathered some information as we find. According to your valuable advice we did study on internet, read some article published on performance evaluation from strategical point of view. The remaining data we got from the different websites (WDI) etc. We really have learned a lot and gained valuable experience while preparing this term paper. If you need any further clarification for any part of this term paper, we are always ready to provide any kinds of information regarding this term paper. Yours Sincerely, On behalf of the group- _____________________________ Md. Naeem Mia ID: 2009-2-10-153 Department of Business Administration East West University Acknowledgement In the beginning, we want to give many thanks to the Almighty to help us complete this term paper on the Analysis of Prime Bank overall performance...
Words: 13442 - Pages: 54
