An Appraisal of IFIC Bank Limited

Abstract

Internship is a prerequisite for completing the practical side to fulfill the BBA program. This internship report is based on practical experience at the IFIC Bank, Pallabi Branch. This report contains several parts. In first part of this report contains some description about the Banking Sector and perspective of the IFIC Bank ltd. The Next part overall details of company are described which includes history and background of the company, their corporate mission and vision. What are their core objectives, strategies and milestone in developments.Then described about different banking segments & major functional department of IFIC Bank. Information on IFIC Bank's product and services are given on the later part of the report. Then in the next part have shown the Composition of Boardand Organogram of IFICBL. Here I have also presented the some information of modem technology and automation information system used by IFIC Bank Ltd. In the next phase of the report I tried to analyze the financial position and performance of IFICBL, presented graphical presentation for better understanding. I focused on key element that plays a big part in the business. For the analysis of the financial position and performance of lFICBL I have used last five years data. During my internship program in this branch I have found some lacings. After that 1 also found that the some problems of IFIC Bank Ltd. under the study period. It is to be mentioned that this is from my point of view. I have also pointed out some suggestions which I believe to be the best form to solving that the problems and IFIC Bank Ltd. will be better perform in future and bank will be a great position among the all banks in Bangladesh. Finally I observed that IFIC Bank Ltd. will ensure the better services to the people of Bangladesh and they will be more contribution on development of economy of Bangladesh.