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Welcome to our presentation

Our Report on Bank Asia

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Group member
Naimul Islam Kaniz Fatema Fatema tuj Johora MD. Tanvir Ahmed 091200106 091200127 092200078 091200243

INTRODUCTION
Bank Asia Limited established in the year 1999. Bank Asia came into the headlines and attention of everyone when it acquired the operation of Bank of Nova Scotia, a Canadian Bank. The acquisition agreement was signed on the very auspicious evening of February 6, 2001. Takeover of all operations of the Bank of Nova Scotia started on February 17, 2001. SWIFT is widely used for purposes like fund transfers, L/C and guarantee issuance that can be made instantly.

Objective of the study

The primary objective of this report is to fulfill known about to local organization. To get a detail idea about the BANK ASIA LIMITEDs banking services, environment, performance, strategies, capabilities, manager roles, skills, goals and so on. While working as a team member of BANK ASIA LIMITEDs operation, we are identify few obstacles and attempt has been made to provide few suggestions in order to enhance the said banks performance in future.

Methodology
Information used in this report has been collected from both primary and secondary sources. Primary data were collected mainly through the writers observation of the approval process and monitoring techniques, informal interviews of executives, officers and employees of Bank Asia Limited. Majority of the information were collected from the secondary sources, which include books, publications, reading materials and various circulars and reports published by Bank Asia Limited.

Strategies of the BANK

BANK ASIA LIMITED is committed to staying over the competition through constant innovation of technology based products and efficiency enhancement, as well as, being responsive to the requirements of our customers and partners, in so far as our ability to adhere to industry best practices e.g. Core Risk Management principles are unimpaired.

Mission statement of the Bank Asia Ltd.

To assist in bringing high quality of service to our customers and to participate in the growth and expansion of our national economy. To set high standards of integrity and bring total satisfaction to our clients, shareholders and employees. To become the most sought after bank in the country, rendering technology driven innovative services by our dedicated team of professionals.

Corporate objectives
Bank Asias objectives are reflected in the following areas: Highly personalized service. Customer-driven focus. Total commitment to quality. Contribute in the economy. Quality of human resources. Commitment to its clients at each level.

Values Considered as Guiding Factors

providing innovative and highly consumer friendly technological service which adds value( like thumbs pay) Placing the interests of clients and customers first. A continuous quest for quality in everything the company does. Treating everyone with respect and dignity. Conduct that reflects the highest standards of integrity. Teamwork- from the smallest unit to the enterprise as a whole. Being good citizens in the communities, in which they live and work.

Management Practices in Bank Asia

Working Environment Health Teamwork Handling Information. Organizational Hierarchy.

Customer Service
Providing information to the visitors. Providing information regarding Bank Asia Limitedance of the client Issue and reissue pass book. Providing ATM cards to the depositors. Opening new accounts and proper documentation. Preparing KYC profile, Transaction Profile and conduct risk analysis Supplying deposit slip book Assist in preparing solvency certificate Counseling to the clients Verifying the signature before honor a Cheque

General Banking
Providing information to the visitors Providing information regarding Bank Asia Limitedance of the client Issue and reissue Cheque/pass book Providing ATM cards to the depositors Opening new accounts and proper documentation

Pay Order procedure

Demand Draft Telegraphic Transfer (TT) Traveler's Cheque. Issuance of ATM Card. Teller and Cash Management Accounts Department

Processing of Outward Clearing

Entry into Register accordingly Entry into Stelar Put the clearing seal along with date in each and every Cheques Endorse each and every Cheques accordingly All Cheques and drafts sent to feeding branch along with list for clearing purpose. Send IBDA ( Inter-branch Debit Advice) to principal office As soon as the principal office informs about the Cheques are bounced a reverse entry is given in the Stelar system Next day the dishonored Cheques are returned back to the branch.

Type of Projects Financed

SOD ( against share, work order, financial obligation, FDR, Export) Cash Credit Loan (general) Loan Against Trust Receipt Payment Against Document Consumer Credit Scheme Local and Foreign Guarantees Inland Bill Purchase Foreign Bill Purchase & others

Approving Authority

Managing Director

Board of Directors

Managing Director
Approves the credit facility as delegated by the Board of Directors. If any credit proposal is beyond his authority, sends it to the Board of Directors. Supervisors implementing the directives of the Board of Directors. Communicate the result of all the above function to the Board of Directors.

Steps in Loan Processing and Appraisal

Appraising the business. Financial strength analysis. Credit demand analysis. Security appraisal and valuation. Paid-up capital Investment in business Cash flow Allied deposit in Bank Asia Limited Total Asset- Total Dept Business performance

Strengths
Superior quality Dynamism Financial strength Efficient management State of the art technology Expertise In-house utility Excellent working environment

Weaknesses

Limited workforce Problem in delivery

Opportunities

Government support Evolution of e-banking

Threats

Mergers and acquisitions Poor telecommunication infrastructure Frequent currency devaluation Emergence of competitors

THANK YOU