...The SME products and functions of Prime Bank Limited [pic] Bangladesh University of business and technology (BUBT) The SME products and functions of Prime Bank Limited Prepared for: Md. zakir Hossain Lecturer Department of finance Bangladesh University of business and technology (BUBT) Prepared by: The extreme’z |SL No. | Name |Roll no. | |01. |Md. Safiul hasan |10113101056 | |02. |Ayesha siddika |10113101057 | |03. |Md. imadul haque khan |10113101075 | |04. |Fatema-tuz-zohora Tama |10113101077 | |05. |Farzana Anower |10113101090 | Intake: 25th section: 02 program: B.B.A Date of submission: 10th September, 2011 Date: 10th September, 2011 MD. zakir hossain Lecturer Department of finance Bangladesh University Of business and technology Dear Sir, It is our pleasure to submit the report on “The SME products and functions of Prime Bank Limited” as requirement of BUS-101...
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...SME CHAPTER ONE INTRODUCTION 1.1 Background of the study: Banking system occupies an important place in a nation’s economy. A banking institution is indispensable in a modern society. Bank is an old institution that is contributing toward the development of any economy and is treated as an important service industry in the modern world. Economic history shows that development has started everywhere with the banking system and its contribution towards financial development of a country is the highest in the initial stage. Modern Banks play an important part in promoting economic development of a country Bank provides necessary funds for executing various programs in the process of economic development. They collect savings from large masses of people scattered throughout the country, which in the absence of banks would have remained ideal and unproductive. These scattered amounts are collected. Pooled together and made available to commerce and industry for meeting the financial requirements. Bank plays a vital role in the economy by providing means of payment and in mobilizing resources. Bank is the most important financial institution in the economy. The economic development of a country depends on the development of banking sector. Today’s modern banks ate not only providing traditional banking but also expanding the many financial services. In today’ world the lice of the people...
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...All the bank does not provide detail about loan processing fees to their customers. The prime bank limited and BRAC Bank limited only charges .50% as loan processing. And Mercantile bank Charge TK. 500 for loan processing. 4.4. Period of loan Prime bank LimitedDhaka Bank LimitedEastern Bank LimitedMercantile bank Limited Dutch-Bangla Bank Limited BRAC Bank Limited 1 year to 5 years 1 year to 3 years Upto 1 years Upto 2-5 years 1.5 year to 5 years 1 year to 3 years Among the bank the highest loan maturity date is offered by Dutch-Bangla Bank Limited and Mercantile Bank offer the lowest maturity period. 4.5. Mode of Finance Prime Bank LimitedDhaka Bank LimitedEastern Bank LimitedMercantile Bank Limited Dutch-Bangla Bank Limited BRAC Bank Limited Term loan and working capital loan Term loan and working capital loan working capital loan Only Term loan Only Term loan Only Term loan All the banks provide SME financing facilities do not provide long term loan to its customers. Among the banks Prime bank and Dhaka bank both provide term loan and working capital loan to their customer. Other banks either provide term loan or working capital loan to its customers. 56 4.6. Management Overall the management of the bank engaged in SME banking is efficient and have diverse knowledge and banking sector. BRAC has initiated to provide training of staff for well managing and SME customer. 4.7. Portfolio size of different bank in SME sector Name of bank Portfolio size SL 1 Prime Bank Limited10...
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...SME means Small and Medium Enterprises. Small & Medium Enterprise (SME) plays a pivotal role in the economic growth and development of a country. Actually, SME works as the platform for job creation, income generation, and development of forward and backward industrial linkages and fulfillment of local social needs. SMEs occupy a unique position in the economy of Bangladesh. Mainly private sector development depends on them. In Bangladesh the SMEs account for about 45% of manufacturing value addition. They account for about 80%of industrial employment, about 90% of total industrial units and about 25% of total labor force. Their total contribution to export earnings varies from 75- 80%. The total number of SMEs is estimated at 79754 establishments, of which 93.6% are small and 6.4% are medium which contributed around 20-25% of GDP. In the backdrop of economic liberalization and financial sector reforms, a group of highly successful local entrepreneurs visualized an idea of introducing a commercial bank with different outlook. For them, it was competence, excellence and consistent delivery of reliable service with superior value products. Accordingly, Prime Bank was created and commencement of business started on 17th April 1995. Banking system occupies an important place in a nation’s economy. A banking institution is indispensable in a modern society. Bank is an old institution that is contributing toward the development of any economy and is treated as an important...
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...INTRODUCTION BRAC Bank Limited, with institutional shareholdings by BRAC, International Finance Corporation (IFC) and Shore cap International, started its journey in 2001 and in just 12 years proved to country’s fastest growing bank. The Bank operates under a "double bottom line" agenda where profit and social responsibility goes hand in hand as it strives towards a poverty-free, enlightened Bangladesh. BRAC Bank Limited is a scheduled commercial bank in Bangladesh. It established under the Banking Companies Act, 1991 and its operation started on July 4, 2001 with a vision to be the market leader through to providing all sorts support to people in term of promoting corporate and small entrepreneurs and individuals all over the Bangladesh. Just as BRAC Bank has a corporate identity, they have a social identity too. As a Bank they are socially responsible. Fifty percent (50%) of BRAC Bank’s loan portfolio is diverted to Small and Medium enterprise Banking, and as a financial intermediary they channel funds from the surplus end to the needy. Country-wide network of SME Units centre to the end of small entrepreneurs to help them build their asset base. BRAC Bank is market leader in SME, striving for socio-economic upheaval in Bangladesh. The bottom line is, BRAC Bank do not support any finances that are detrimental to our environment. Some Important Features: * A portion of BRAC Banks revenue is channeled to support BRAC schools, where children...
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...1 Prime Bank Limited Prime Bank Limited (PBL) is one of the Bangladeshi private banks, which was incorporated on 17th April 1995 with Tk. 1000 million of authorized capital & Tk. 100 million of paid up capital by a group of successful entrepreneurs. It is not only a conventional Bank. It’s a modern, dynamic private commercial bank & plays a constructive role in the economic development of the country. Prime bank is the first private bank to introduce lease finance, Hire purchase & customer credit schemes along with Islamic banking services in the banking sector in order to bring about qualitative changes in the lives of people of Bangladesh. PBL through its steady progress & continuous success has, now earned the reputation of being one of the leading private sector Banks of the country. The bank offers all kind of Commercial corporate and Personal banking service covering all segment of society within the framework of Banking Company Act, rules and regulation laid down by our central bank. Prime Bank Ltd. is determined to explore the different ways to accommodate with the needs of its clients. One of these ways includes Foreign Exchange Operation and transactions which offer customers a medium of doing business globally with minimum risk associated. Prime Bank Ltd. has already made significant progress within a very short period of its way of life. Vision: Every Company has their own vision. By fixing vision, they can set their future growth. Prime Bank...
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...Explain the term “credit crunch” and how it has developed. Discuss the implications for UK Small and Medium Enterprises (SMEs). This essay will look at explaining the term credit crunch, as to what it means and how it has been applied to within the global economy. More so the essay will cover how the credit crunch of 2007 has developed over time, with the key aspect of the US housing market developing to then impact other countries, such as the UK economy. The essay will discuss the implications on UK small and medium enterprises. One of the key issues which will be discussed as to the implication of the credit crunch, is the availability of finance to SMEs. More so other non direct aspects which have which act as implications will too be discussed. The credit crunch has been defined as a shortage of money or loans as well as other types of credit given by banks. In short the BBC defined the credit crunch as “a severe shortage of money or credit” BBC: Timeline: Credit crunch to downturn (2009) It describes the economic condition of an economy. In most situations, when an economy has been in a credit crunch, the economic condition of a country is unstable or also known as a financial crisis. As the Guardian states, “the current global financial crisis is commonly known as the credit crunch.” Kollewe (2008) Credit crunch’s can occur mostly when an economy is in a recession, a time when the economy is declining during which the there is fall in gross domestic product (GDP). ...
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...Institutional Financing of SME in Bangladesh [pic] [pic] TERM PAPER ON Institutional Financing of SME in Bangladesh Submitted By: ID- Program- BBA Premier University, Chittagong Submitted in partial fulfillment of the requirements for the Bachelor of Business Administration. Submitted To: Ms. Nilufar Sultana Lecturer, Dept. of Finance & Banking, Faculty of Business Studies, Premier University, Chittagong. DATE OF SUBMISSION: /09/2012 Letter of Transmittal Date: To Ms. Nilufar Sultana Faculty of Business Studies Premier University, Chittagong Sub: Letter of Transmitter on Term Paper Dear Madam, This is my pleasure to submit my term paper report on “Institutional financing of SME in Bangladesh” which I was assigned. It was a great opportunity for me to acquire knowledge and experience in respect of the functions, procedures and operational activity, other than my topic of study. I have concentrated my best efforts to achieve the objectives of the assignment study and hope my endeavor will serve the purpose. However, I will always be ready to provide any further clarification that you may require. Sincerely Yours, ID# Program: BBA Batch Number: 16 8th Semester Section: Major:...
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...BRAC University Internship Report on “Financial Performance Analysis of Prime Bank Limited” (2008-2012) Supervised by Tasneema Afrin Lecturer BRAC Business School BRAC University Submitted by Srabanti Singha ID: 09304035 Date of submission: May 30th 2013 Letter of Transmittal May 30, 2013 Tasneema Afrin Lecturer BRAC Business School BRAC University Subject: Submission of internship report on “Financial statement analysis of “Prime Bank Limited” from year 2007-2011. Dear Madam . I am highly delighted to submit the internship report of my three months long internship program in Prime Bank Limited at Banani Branch. The title of the report is “Financial Performance Analysis of Prime Bank Limited (2008-2012)”. This report has been prepared to fulfill the requirement of the internship program in Prime Bank Limited. It has been an interesting and very enlightening experience for me to work in Prime Bank Limited- Banani Branch. I have tried my level best to reflect my three months long work experience in this report and also tried to make this report a successful one. I would like to express my sincere gratitude to you for your kind guidance & suggestions in preparing the report. It would be my great pleasure for me if you find my report informative and useful to have an idea of recent state of Prime Bank Limited. Sincerely yours …………………………………… Srabanti Singha ID: 09304035 BRAC Business School BRAC University Acknowledgement ...
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...Why did China fare much better than the United States and the United Kingdom during the 2007-2009 financial crisis ? 1. Global financial crisis 2007 to 2009 1.1 Background The 2007-2009 financial crisis started as a sub-prime crisis in the United States (US). The Wall Street, driven for higher profits and low federal fund rate in home ownership began lending to sub-primes (Whalley et al, 2009). The mortgage loans were then re-packaged into financial instruments and sold to investors globally. When the housing prices declined in 2006, sub-primes defaulted on their mortgage loans as the values of their houses depreciated. These non-performing loans grew in sizes and led to the collapse of the mortgage loan market and collateralised debt obligations, leaving banks and financial institutions with lower net worth (Bianco, 2008). Due to the interconnected economies, the impact of the crisis spread beyond the US and resulted in a global financial crisis. | | | 1. | | | 2. | | | 3. | | | 4. | | | 5. | | | | | | | | | | 1. | | | | | | | 1. | | | 2. | | | 3. | | | | | | GDP: GDP growth (%): Considering that China’s GDP was only a third of the USA’s, its fiscal stimulus package size was significant in comparison to USA and UK, where the stimulus package were only 6% and 1.4% of their respective GDP (Fleet, 2010).. Hu Jintao committed at the G20...
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...MAS Barometer • Labour continues to remain the biggest barrier for producing within the UK according to manufacturing SMEs, with nearly one in ten also concerned about the availability of the right skills. • Steven Barr – Head of Manufacturing Advisory Service – Growing desire to bring production home – 11% of firms having brought back production and 4% that have offshored in the last year. o Major change compared to five years ago o Buyers realised more to the landing price that meets the eye o Hidden costs Logistic delays Quality issues • Business Minister Michael Fallon o Government is committed to helping SMEs grow which is why we are saving companies around £1bn through removing unnecessary red tape, cutting corporation tax, and estabilishing a business bank to diversify the choice of lending to SMEs • The Barometer – 500 Manufacturing SMEs o 56% increased sales in the last 6 months. http://www.mas.businessgrowthservice.greatbusiness.gov.uk/news/mas-barometer-reveals-quality-cost-and-delivery-are-prime-drivers-to-move-production/ • Wages a rising dramatically in low-cost manufacturing bases • Price of logistics continues to escalate • Reshore UK o ReshoreUK Initiative o Run by the UK Trade and Investment (UKTI) and MAS to help manufacturers take advantage of the business opportunities created by reshoring. o SME manufacturers to ensure they are ready to take advantage of reshoring and new investment by providing them with strategic and technical...
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...analysis of Dhaka Bank Limited Prepared for Ms. Nusrat Nabi Course Instructor MGT 210.25 Prepared by Foresight Members: Ishan Debnath ID:1120608030 Mofizur Rahman Hridoy ID:1120391030 Mohammed Raisul Islam ID:1120263030 Rezwan Arifin Khan ID:1130027030 Saidi Hossain ID:1130010030 School of Business North South University August 7, 2012 Ms. Nusrat Nabi Lecturer School of Business, North South University Dhaka, 1229. Subject: Submission of a research paper on Introduction to management Mam, It is our sincere pleasure to submit a research paper titled “An in depth managerial analysis of Dhaka Bank Limited”. This research paper is submitted as part of the partial fulfillment of the course Introduction to management (course title MGT 210). This research paper briefly discusses about the managerial analysis of Dhaka Bank Limited and some of its application.We hope this research will merit your approval. Sincerely yours IshanDebnath ID:1120608030 MofizurRahmanHridoy ID:1120391030 Mohammed Raisul Islam ID:1120263030 RezwanArifin Khan ID:1130027030 SaidiHossain ID:1130010030 BBA Program Table of Contents Executive Summary 1 1.0 An Overview of the Organization: Dhaka Bank Limited 2 1.1 Key Facts about Dhaka Bank Limited 2 1.2 Customers 4 1.3 Products and Services 4 1.3.2 Corporate Banking 5 1.3.3 Trade Finance 5 1.3.4 SME 6 1.3.5 Remittance...
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...MSMEs in India Chapter I The Micro, Small and Medium Enterprises (MSMEs) play a pivotal role in the economic and social development of the country, often acting as a nursery of entrepreneurship. They also play a key role in the development of the economy with their effective, efficient, flexible and innovative entrepreneurial spirit. The MSME sector contributes significantly to the country’s manufacturing output, employment and exports and is credited with generating the highest employment growth as well as accounting for a major share of industrial production and exports. MSMEs have been globally considered as an engine of economic growth and as key instruments for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost. The labour intensity of the MSME sector is much higher than that of large enterprises. MSMEs constitute more than 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, MSMEs play an essential role in the overall industrial economy of the country. In recent years, the MSME sector has consistently registered higher growth rate compared with the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession. The MSME sector in India is highly...
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...also called small and medium enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. These are the most common businesses found across most of the world’s economies. The World Bank Review on Small Business Activities establishes the commitment of the World Bank Group to the development of the small and medium enterprise (SME) sector as a core element in its strategy to foster economic growth, employment and poverty alleviation. In the context of Bangladesh, the development of Small and Medium Enterprises (SMEs) can be considered as a vital instrument for poverty alleviation and ensure the rapid industrialization. So we can say that the role of Small and Medium Enterprises (SMEs) is indispensable for overall economic development of a country particularly for developing countries like Bangladesh. It has drawn a lot of interest among policy makers, academics, businessmen and people in general. Government of Bangladesh has highlighted the importance of SME in the Industrial Policy-2005. SMEs have been identified by the Ministry of Industries as a ‘thrust sector’. As the SME sector is labor intensive, it can create more employment opportunities. For this reason government of Bangladesh has recognized SME as a poverty alleviation tool. As a result they will enhance the standard of living in rural areas. SMEs (Around the world) : Although the definition of what an SME is varies across nations, the most widely used...
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...Credit Risk Management of Prime Bank Limited University of Liberal Arts Bangladesh Internship Report Credit Risk Management of Prime Bank Limited Submitted to Sumaiya Zaman Senior Lecturer ULAB School of Business Submitted by Sadia Ferdous ID # 092011014 Date of submission 21 August 2013 Acknowledgements I would like to thank my supervisor, Sumaiya Zaman, Senior Lecturer, ULAB, for her guidance and feedback during this internship, without which I would have been unable to complete this task. I also express my gratitude to Prime Bank Limited for permitting me to do my internship in their organization. Special thanks to Credit Department of Shat Masjid Road Branch of prime Bank Limited for spending their valuable providing me with information, supervision and feedback during the course of my internship. I also like to thank the whole team of PBL for their help during my internship tenure. Page | 1 Letter of Transmittal August 21, 2013 Sumaiya Zaman Senior Lecturer ULAB School of Business University of Liberal Arts Bangladesh (ULAB) Subject: Submission of internship report on topic of ‘Credit Risk Management of Prime Bank Limited’. Dear Madam, This is my internship report on ‘Credit Risk Management of Prime Bank Limited’. I tried my best to work sincerely to cover all aspects regarding credit risk management at Prime Bank Limited. I hope you will find this report acceptable and thank you for allowing me to proceed with ...
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