CHAPTER ONE

INTRODUCTION

1
1.1 Background of the Study
The BBA program of Uttara University is designed to focus on theoretical and
Professional development of students who are open to take up business as a profession as
well as service as a career. Internship reports are a requirement for the completion of the
BBA program. This Internship reports is of knowledge and learning become perfect
when it is associated with theory and practice. For any business student only curriculum
activity is not enough for handling the real business situation, therefore, it is a
requirement after the completion of BBA to involve with a business organization to
prepare a report. So it is an opportunity for the students to know about the field of
business through the Internship program.

To fulfill this requirement I worked as an intern in Jamuna Bank Ltd. for the Internship
my preference was in Banking system. I submitted resume to different institutions but
appointed as an Internship trainee of the JBL. My assigned topic is Investment Analysis
of Jamuna Bank Ltd. Konabari Branch which is assigned by my supervisor in the
department. On the basis of working experience in the Internship period I have prepared
this report and I have tried my level best to relate the theoretical knowledge with the
practical work situation.

1.2 Objectives of the Study

1.2.1 Broad objectives

The broad objectives of the study is to evaluate and analyze the Investment Analysis of
Jamuna Bank Ltd. Konabari Branch

1.2.2 The specific objectives of the study are given as:

To analyze the investment operations of Jamuna Bank Ltd. Konabari Branch.
To know the investment techniques of JBL.
To know the investment product of JBL.
To find out some problem & related with investment operation of JBL
To suggest necessary steps for overcoming such problems of JBL.

2
1.3 Company Profile
Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies
Act, 1994 of Bangladesh with its Head Office currently at Hadi Mansion, 2, Dilkusha
C/A, Dhaka-1000, Bangladesh. The Bank started its operation from 3rd June 2001.
The Bank provides all types of support to trade, commerce, industry and overall
business of the country. JBL's finances are also available for the entrepreneurs to set
up promising new ventures and BMRE of existing industrial units. The bank was
established by a group of local entrepreneurs who are well reputed in the field of
trade, commerce, industry and business of the country.

The Bank offers both conventional and Islamic banking through designated branches.
The Bank is being managed and operated by a group of highly educated and
professional team with diversified experience in finance and banking. The
Management of the bank constantly focuses on understanding and anticipating
customers' needs. Since the need of customers is changing day by day with the
changes of time, the bank endeavors its best to devise strategies and introduce new
products to cope with the change. Jamuna Bank Ltd. has already achieved
tremendous progress since its beginning. The bank has already built up reputation as
one of quality service providers of the country.

At present the Bank has real-time Online banking branches (of both Urban and Rural
areas) network throughout the country having smart IT-backbone. Besides traditional
delivery points, the bank has ATMs of its own, sharing with other partner banks and
consortium throughout the country.

The operation hour of the Bank is 10:00 A.M. To 6:00 P.M. from Sunday to
Thursday with transaction hour from 10:00 A.M. to 4:00 P.M. The Bank remains
closed on Friday, Saturday and government holidays.

3
1.3.1 Brief Profile of the Company
Jamuna Bank Limited is one of the leading private commercial banks in Bangladesh that
has achieved tremendous popularity and credibility among the people for its products &
services. It is a public limited company and its shares are traded in Dhaka and
Chittagong stock exchange. The bank undertakes all types of banking transaction to
support the development of trade and commerce in the country. JBLs service is also
available for the entrepreneurs to set up new ventures and BMM of industrial units. To
provide clientele services in respect of international trade it has established wide,
corresponded Banking relationship with local and foreign banks covering major trade
and financial interest home and abroad.
Jamuna Bank Ltd., the only Bengali named new generation private commercial bank was
established by a group of winning local entrepreneurs conceiving an idea of creating a
model banking institution with different outlook to offer the valued customers, a
comprehensive range of financial services and innovative products for sustainable
mutual growth and prosperity. The sponsors are reputed personalities in the filed of
trade, commerce and industries.
The Bank is being managed and operated by a group of highly educated and professional
team with diversified experience in finance and banking. The Management of the bank
constantly focuses on understanding and anticipating customers needs. The scenario of
banking business is changing day by day, so the bank's responsibility is to device
strategy and new products to cope with the changing environment.
Jamuna Bank Ltd. has already achieved tremendous progress within few years. The bank
has already ranked as one of the quality service providers and is known for its
reputation. Jamuna Bank offers different types of Corporate and Personal Banking
Services involving all segments of the society within the purview of rules and regulations
laid down by the Central Bank and other regulatory authorities.

Board of Directors
The Board of Directors consists of thirteen members elected from the Board of Directors
is the supreme body of the Bank.

Executive Committee
All routine matters beyond the delegate powers of management are decided upon by or
routed through the Executive Committee, subject to ratification by the Board of
Directors.

4
Audit Committee
In line with the guidelines of Bangladesh Bank, a three member audit committee of the
Board of Directors has been formed to assists the Board in matters related to audit and
internal Control System of the Bank.
Vision
To become a leading banking institution and to play a pivotal role in the development of
the country.
Mission
The Bank is committed to satisfying diverse needs of its customers through an array of
products at a competitive price by using appropriate technology and providing timely
service so that a sustainable growth, reasonable return and contribution to the
development of the country can be ensured with a motivated and professional work-
force.

Corporate Slogan
Your Partner for growth.
The Management
The management of the JBL designed with several designations such as Managing
Director, AMD, Senior Executive VP, SVP, and SAVP.
Strategies
To manage and operate the Bank in the most efficient manner to enhance
financial performance and to control cost of fund.
To strive for customer satisfaction through quality control and delivery of timely
services.
To identify customers' credit and other banking needs and monitor their
perception towards our performance in meeting those requirements.
To review and update policies, procedures and practices to enhance the ability to
extend better service to customers.
To train and develop all employees and provide them adequate resources so that
customers' needs can be reasonably addressed.
To promote organizational effectiveness by openly communicating company
plans, policies, practices and procedures to employees in a timely fashion.
To cultivate a working environment that fosters positive motivation for improved
performance.
5
Objectives of JBL
To earn and maintain CAMEL Rating 'Strong'.
To establish relationship banking and improve service quality through
development of Strategic Marketing Plans.
To remain one of the best banks in Bangladesh in terms of profitability and assets
quality.
To introduce fully automated systems through integration of information
technology.
To ensure an adequate rate of return on investment.
To keep risk position at an acceptable range (including any off balance sheet
risk).
To maintain adequate liquidity to meet maturing obligations and commitments.
To maintain a healthy growth of business with desired image.
To maintain adequate control systems and transparency in procedures.
To ensure optimum utilization of all available resources.
To develop and retain a quality work-force through an effective human Resources
Management System.

Corporate culture
The client comes.
Search for professional excellence.
Openness to new ideas & new methods to encourage creativity.
Quick decision-making.
A sense of professional ethics.

6
Values
JBL do their best to manage and operate the bank with a consistent set of business
principles and core values.
First and foremost, this means always trying to do the right thing. It means continuing to
focus on maintaining a fortress balance sheet, strong capital ratios and strong credit
ratings. It means being willing to sacrifice short-term growth for long-term opportunity.
During these times, this approach is vital.
We will continue to provide creditworthy business of all sizes with the capital and
financial tools they need to drive growth.

For individuals, we will continue supporting their credit, savings and investment needs.
This means helping our customers meeting their financial need for various purposes and
allowing highest return on their small savings/investment with us. And always, we will
adhere to safe and sound lending standards.

1.3.2 Description of Section

I have worked in Front desk and Office Section of Jamuna Bank Ltd. Konabari
Branch, Gazipur. In this report, I will try to make an overall analysis on all activities
of Jamuna Bank Ltd specially focuses on Financial prospect of the branch as well as
whole bank.
Internship program is the most important period for a BBA student. The duration of
internship program is 3 months, which carries a best learning process to know about
the organization and cope up the environment in such a way like professional
employees. The experience that got by an intern during the internship period will
make them more smart and professional in their future job sector. I was started my
internship at Jamuna Bank Limited, Konabari Branch, Gazipur.

7
Management Structure of JBL

8
1.4 Major difficulties faced for accomplishing internship
Due to some legal obligation and business secrecy the bank was reluctant to provide
some sensitive data. Thus, this study limits only on the available published data and
certain degree of formal and informal interview and limited survey. Although the
particular study is extensive in nature, hard effort was given to make the study
worthwhile and meaningful even then there exists some limitation. Altogether the
internship period in the bank was not free from limitations. I faced some problems during
the study, which I am mentioning below:
Lack of time
I was in the bank for three months so within this short span of time it is very difficult to
be familiar with all the activities of the bank.
Lack of Supervision by the bank officers
As the officers were busy with their daily working activities, they were not able to give
me much time apart from their daily working activities.
Restricted Information
There were various types of informations that the bank officers cannot disclose due to
the security and other corporate obligations.
Other limitation:
As I was a newcomer and had no previous experiences in the banking sector and many
practical matters in the bank were in written form so my own observations may vary
from person to person.

9
 CHAPTER TWO
DESCRIPTION OF THE TOPIC

10
2.1 Internship Topic
Investment is a term with closely related in business management, finance, economics
and different theories. Investment means savings through delayed consumption.
According to economics, Investment is referred as the utilization of resources in order to
increase income or production output in the future.

According to economists, Investment refers to any physical or tangible asset, for

example, a building or machinery or equipment. On the other hand, finance professionals
define investment as money utilized for buying financial assets, for example, stocks,
bonds, etc. People get involved in this type of investment in the expectation that it will
generate cash flows in the future. According to finance, Investment refers to the buying
of a financial product or any valued item with anticipation that position returns will be
received in the future. According to economics theories, investment is defined as per unit
production of goods, which have not been consumed, however, will be used for the
purpose of future production.

According to business management theories, investment refers to tangible assets like

machinery and equipments, and, building and intangible assets like goodwill. According
to personal finance theories, an investment is the implementation of money for buying
shares or mutual funds or purchasing an asset with the involvement of the factor of
capital risk. According to real estate theories, investment I referred to money utilized for
buying property for the purpose of ownership or leasing.

Objectives and Principles of Investment

The special feature of the investment policy of Commercial Banks is to invest based on
profit-loss sharing system in accordance with the tenets and principles. Earnings of the
profits is not the only motives and objectives of the JBL investment policy rather
emphasis is given in attaining social good and in creating employment opportunities .
The objectives and principles of investment operation of the banks are-
i. To invest fund strictly in accordance with the principles.
ii. To diversify its investment portfolio by size of investment portfolio, by sectors, by
economics purpose, by securities and by geographical area including industrial,
commercial & agricultural.

11
iii. To ensure mutual benefit both for the bank and the investment client by professional
appraisal of investment proposals, judicious sanction of investment, close and
constant supervision and monitoring thereof.
iv. To make investment keeping the socio-economic requirement of the country in view.
v. To increase the number of potential investors by making participatory and productive
investment.
vi. To invest in the form of goods and commodities rather than give out cash money to
the investment clients.

Investment Policy of Jamuna Bank Limited

The investment policies of Jamuna Bank Limited are:
i. Investment to national priority sectors.
ii. Preference to short-term investment.
iii. To ensure safety and security of investments.
iv. To look profitability of investments.
v. Investment to industrial sectors.

Investment Principles & Products

Mudaraba is a shared venture between labour and capital. Here Bank provides with entire
capital and the investment client conducts the business. The Bank, provider of capital, is
called Sahib-Al-Maal and the client is called Mudarib. The profit is to be distributed
between the Bank and the investment client at a predetermined ratio while the bank has
to bear the entire loss, if any.
Investment System Islami Shariah
Investment in Imports:
The import business is broadly divided into the following three categories:-
i) Import of Commercial goods.
ii) Import of raw materials for production purpose.
iii) Import of capital / machineries.
The importers avail of investment facilities against all kinds of imports. But in case of
imports under category (i) and (ii), investments are made under the Shariah approved
Bai-Murabaha and Bai-Muajjal modes and in case of import under category (iii),
investment is made under the Shariah compliant mode of Hire Purchase under Shirkatul
Meelk (HPSM). Investment facilities are also provided for import business through Bai-

12
Salam, Musharaka and Mudaraba modes. Besides, the Islami Banking branches will fully
abide by the national and international norms and guidelines relating to export/import
business.
1. Import under the Bai-Murabaha system
1.1 Definition of the Bai-Murabaha: Bai-Murabaha is a contract between a buyer and a
seller under which the seller sells certain specific goods permissible under Islamic
Shariah and law of the land to the buyer at a price determined by charging agreed profit,
margin or mark-up over the cost price. In this case, the buyer either makes cash payment
to receive the goods or is allowed to make payment by instalments or on a fixed future
date. The profit mark-up may be fixed in lump sum or in percentage over the cost price
of the goods.
1.2 Some important features of the Bai-Murabaha mode of investment
a) The client (buyer) requests the Bank to purchase particular goods and promises to
purchase the same from the bank at a price fixed by charging profit over the cost price.
b) Under the Bai-Murabaha mode of investment there is no scope to increase the price
once it is fixed.
c) After buying the goods, the Bank has to bear all the risk until goods are actually
delivered to the client.
Import of goods under Bai-Murabaha mode of investment
In the import business, the importer provides an irrevocable letter of authority to the ank
to import specific goods on behalf of him (the client) from the foreign seller and romises
to buy the same from the Bank. In this case, the Bank is designated as a onsignee in the
Bill of lading and later on the Bank hands over the same to the mporter through
endorsement i.e. the ownership of the goods is transferred to the mporter. As per uniform
customs and practices, the seller lodges his claim or places claim for dues to the buyer's
Bank through the bill of exchange and the buyers bank discharges the claim on behalf of
the buyer. The above import system is fully approved/ supported by the Islamic Shariah.
1.3 Investment in imports by Islami Banking branches
In the import business, Bai-Murabaha investment is accomplished through a single deal
at the time of opening L/C, Bills and Shipment. For example:
a) Murabaha Import L/C
b) Murabaha Import Bills (MIB)
c) Murabaha Post Import (MPI)
1.4 Murabaha Post Import (MPI)
13
The importers apply for investment facility against imported goods after shipment for
payment of the invoice values of the goods to the seller/supplier including custom duty,
VAT and other expenses. In such a case, Islami branches allow a Bai-Murabaha
investment facility under single deal concept. It is so called as the Letter of Credit. Bills
and the handling of Post-shipment are settled under one agreement while opening the
letter of credit for importing the goods.
1.5 Accounting procedure for purchase price, profit and sale price
a) Price payable to the supplier
b) Other expenses related with purchase
i) Conveyance - TA/DA
ii) Commission payable to the agents.
iii) The expenditures in connection with suppliers payment.
iv) Transportation cost up to the Banks godown.
v) Transit Insurance and other expenses.
vi) Godown rent and salary of officials etc. incurred before sale of goods.
Additional expenses
1. Duty
2. VAT
3. License fee
4. Commission for C&F agent etc.
c) Cost price or total value = a + b
d) Estimated profit/Mark-up profit (profit percentage on purchase/cost price)
e) Sale price = c + d
f) The net Investment amount is determined after deduction of the down payment (if any
) from figure at "e" above.

2. Import under the Bai-Muajjal mode of investment

2.1. The term Bai-Muajjal means "deferred payment sale" or "Sale on Credit" Under this
mode of investment a contract is made between the buyer and seller for buying and
selling of goods approved by Islamic Shariah and law of the land on the stipulation to
pay the agreed price at a specific future date or by fixed installments.
2.2 Some important features of the Bai-Muajjal mode of investment
Most of the features of Bai-Murabaha and Bai-Muajjal are alike excepting the following:

14
1. Bai-Muajjal sale is executed completely on deferred payment system
2. The sale price is determined adding the profit with cost price. It is not necessary to
disclose the cost price and the profit mark-up separately to the client. But in Bai-
Murabaha, the cost price and the profit mark-up ratios are to be disclosed separately to
the client.
3. The accounting procedure for imported goods under both the Bai-Muajjal and Bai-
Murabaha mode are alike. But so far as contract is concerned they are different. Bai-
Murabaha contract and Bai-Muajjal contract are executed for imports under Bai-
Murabaha and Bai-Muajjal modes respectively.
3. Import under diminishing proprietorship method (Hire Purchase under Shirkatul
Meelk-HPSM)
Capital machineries and other re-usable goods are imported under this mode. It combines
three modes: rent (Ijara), partnership (Shirkat) and buying and selling.
1. The Bank and the client invest their capital jointly through a contract called
partnership (Shirkat).
2. The bank leases its portion at a certain rent.
3. The Bank sells its portion to the client on receipt of the price under this system.

4. Import under Musharaka mode of investment

4.1. Definition of Musharaka: Musharaka is a Shariah compliant mode of investment
wherein the bank and the client jointly provide the capital. Here no prefixed profit is
earmarked like in Bai-Murabaha or Bai-Muajjal. Profit, if any, is distributed as per
agreement between the client and the bank while the loss, if any, is shared according to
capital ratio.
4.2. Some general features of Musharaka mode of investment :
1. The Musharaka agreement shall clearly laid down the amount of capital
investment to be provided by the bank and the client and the profit/ loss sharing
ratio as agreed between them.
2. The actual profit of the business is to be distributed between the bank and the
client as per the agreed ratio. But loss, if any, is to be borne by them as per ratio
of the capital.
3. The client shall properly maintain ledger, register, books of accounts etc. and
have to show those to any authorized person of the bank on demand.

15
 4. For the success of client's business the bank shall have the right to give any
decision and supervise the business activities.
4.3. Before establishing Letter of Credit, the bank shall receive an application from the
client in prescribed form which shall include the following aspects:
1. The price of goods to be imported, C&F price as per quotation/indent.
2. Wholesale/retail price of every unit/ton/bag/carton.
3. Import cost including estimated import expenditures.
4. Expected sale price of imported goods.
5. Per unit/ton/bag/cartoon expected sale price of the imported goods.
6. Particulars of any other expenditure in addition to the import cost.
7. Estimated net profit.
8. Capital and profit /loss sharing ratios.
4.4. The Bank shall, thereafter, receive the equity portion of the client and after
completion of documentation shall make payment against the import liability and all
expenses related to it as per the Musharaka agreement. If there is profit, bank shall
receive its share of profit as per agreement and in case of loss, shall bear the same
according to capital ratio.
4.5. Fixation of liability in case of loss:
If loss is incurred after performing all duties and responsibilities as per agreement, then
the loss would be borne by the bank and the client according to capital ratio. But if the
loss is incurred due to carelessness, negligence or breach of any condition by the client,
then the client would be liable to bear the loss.

2.2 Theoretical Framework

Importance of Investment:
Investment plays a vital role in national economy in following ways:
It provides working capital for industrialization.
It helps to create employment opportunities.
Investment controls almost all kinds of production activities of the country.
Cash generation occurs for its successful performance.
Economic stabilization.
Raise standard of living.

16
Investment Management:
Investment management is a dynamic field where a certain standard of long- range
planning is needed to allocation the fund in diverse field and to minimize the return on
the invested fund. Continuous supervision, monitoring and follow-up are highly required
for ensuring the timely repayment and minimizing the default. Actually the investment
portfolio is not only constituted the banks asset structure but also a vital factor of the
banks success. The overall success in investment management depends on the banks
investment policy, portfolio of investment, supervision and follow up of the loan and
advance. Therefore, while analyzing the investment management of Jamuna Bank
Limited, it is required to analyze its investment policy, investment procedure and quality
of investment portfolio.

Investment policy:
One of the most important ways, a bank can make sure that its investment meet
organizational and regulatory standards and they are profitable. It is important policy.
Such a policy gives investment management a specific guideline in making individual
investment decisions and in shaping the banks overall investment portfolio.

Investment Principles
In the feature, investment principles include the general guidelines of providing
investment by branch manager or investment officer. In Jamuna Bank Limited they
follow the following guideline while giving loan and advance to the client.
Investment advancement shall focus on the development and enhancement of
customer relationship. All investment extension must comply with the
requirement of Banks Memorandum and Article of Association, Banking
Companys Act, Bangladesh Banks instructions, other rules and regulation as
amended from time to time.
Loans and advances shall normally be financed from customers deposit and not
out of temporary funds or borrowing from other banks.
The bank shall provide suitable investment services for the markets in which it
operates.
It should be provided to those customers who can make best use of them.

17
 The conduct and administration of the investment portfolio should contribute
within define risk limitation for achievement of profitable growth and superior
return on bank capital.

Investment process and Documents Stages:

a) Application stage
At this stage, the bank collects necessary information about the prospective client.
Generally, here all the required documents for taking investment have to prepare by the
client himself. Documents that are necessary for getting investment of Jamuna Bank are
prescribed below:
Trade License photocopy (for proprietorship);
Abridged pro-forma income statement;
Attested copy of partnership deed (for partnership business);
Prior three (03) years audited balance sheet (for joint stock company);
Prior three (03) years business transactions statement for the mudaraba
investment;
Abridged pro forma income statement for the mudaraba investment;
Attested copy of the Memorandum of Association (MOA) & Articles of
Association (AOA) for the joint stock company;
Attested copy of the Tax Identification Number (TIN)- including final
assessment;
Tenders of the proposed assets (in case of HPSM);
Detailed summary of the sundry debtors and creditors (including both time &
schedule);
Summary of the personal movable & immovable assets and others.
b) Appraisal stage
At this stage, the bank evaluates the client and his/her business. It is the most important
stage. Because, on the basis of this stage, bank usually goes for sanctioning the proposed
investment limit/proposal. If anything goes wrong here, the banks suddenly stop to make
payment of investment. However, the following contents are presented from that
appraisal report:
Companys /Clients Information.
Owners Information.

18
 List of Partners/Directors.
Purpose of Investment/Facilities.
Previous Bankers Information.
Business/Industry Analysis.
Asset-Liability position of the client as per Audited Balance Sheet.
Working Capital Assessment.
Risk Grade.
Insurance Coverage.
Audit observation.
Security analysis.
C) Sanctioning stage
The bank officially approves the investment proposal of the respective client. In this case
client receives banks sanction letter. Jamuna Bank Limited sanction letter contains the
following elements:
Investment Limit in million.
Mode & amount of investment.
Purpose of investment.
Period of investment.
Rate of return.
Securities.
d) Documentation stage
The bank analyses whether required documents are in order. In the documentation stage,
Jamuna Bank checks the following documents of the client:
Tax payment Certificate.
Stock report.
Trade License.
VAT certificate.
Liability statement from different parties.
Receivable from different clients.
Other assets statement.
Aungykar Nama.
Three (03) years net income and business transactions.

19
 Performance report with the bank.
Account statement from of the bank.
Particulars of the proposal.
Particulars of the properties.
Outstanding liability position of the bank.
CIB (Credit Information Bureau) report
e) Disbursement stage
The bank decides to pay out money. Here, the client gets his/her desired fund or goods. It
is to be noted that before disbursement a site plane showing the exact location of each
mortgage property needs to be physically verified.

2.3 Study framework

Topic selection, Data collection Analysis & Consultation with the supervisor

Data Observation & Separation

Primary data collection

Secondary data collection

Report Preparing

Data input to computer, Setting Processing & Preparing the report

Make as a book & Shown to supervisor for correction them submitted Finally

20
 CHAPTER THREE
DATA COLLECTION AND
PROCESSING

21
3.1 Data Description
The report is descriptive in nature. To prepare a report gathering data is very important.
The information was collected from both primary and secondary sources of data.
Regarding the information required was collected within the organization from the
Corporate Division of Jamuna Bank Limited
3.2 Source of Data collection
In order to make the report more meaningful and presentable, two sources of data and
information have been used widely.

SOURCE OF DATA

PRIMARY SECONDARY
DATA DATA

Figure 1: Sources of data

Primary Source
Practical desk work.
Face to face conversation with the respective officers and clients.
Collect ratios from Audit department
Collect ratio of Konabari Branch, Gazipur.
Secondary Source
Study on Annual Reports of Jamuna Bank Limited.
Online data from JBL website.
Analysis several article related on financial analysis importance through internet
3.3 Data Processing Methods
Collected information have then processed & compiled with the aid of MS Word, Excel.
Necessary tables have been prepared on the basis of collected data and various statistical
techniques have been applied to analyses on the basis of classified information. Detail
explanation and analysis have also been incorporated in the report.
Data Collection Method:
For the organization part information has been collected through different published
articles, journal, and brochures.

22
 CHAPTER FOUR
RESULTS AND DISCUSSIONS

23
4.1 Mode Wise Investment Performance of Jamuna Bank Limited
Jamuna Bank invests its money in various sectors of the economy through different
performance and permitted by approved by the Bangladesh Bank. Products of Jamuna
Bank Ltd. investments are as follows:
I. Deposit Products:
Current Deposit A/C
Savings Bank Deposit A/C
Special Notice Deposit A/C
Instant Earnings Term Deposit
II. Loan Products
Personal Loan
Education Loan
Car Loan Scheme
House Building Financing
House Repairing & Renovation Loan
Home Improvement Loan
Consumer Finance Scheme

4.1.2 Deposit Products

Current Deposit A/C Meaning
The terms Current Deposit A/C Meaning " have been derived from The word means
purchase and sale and the word means a fixed time or a fixed period. Current Deposit
A/C Meaning " means sale for which payment is made at a future fixed date or within a
fixed period. In short, it is a sale on Credit.

Current Deposit A/C Meaning

i. It is permissible for the Client to offer an order to purchase by the Bank particular
goods deciding its specification and committing him to buy the same from the Bank
on Current Deposit A/C meaning i.e. deferred payment sale at fixed price.
ii. It is permissible to make the promise binding upon the Client to purchase from the
Bank, that is, he is to either satisfy the promise or to indemnify the damages caused
by breaking the promise without excuse.
iii. It is permissible to take cash/collateral security to guarantee the implementation of
the promise or to indemnify the damages.
iv. It is also permissible to document the debt resulting from Current Deposit A/C
meaning by a Guarantor, or a mortgage or both like any other debt. Mortgage /
Guarantee / Cash security may be obtained prior to the signing of the Agreement or
at the time of signing the Agreement.

24
Invest in Current Deposit A/C meaning

7000
6000 year-2009
amount in Thousand

5000
year-2010
4000
year-2011
3000
2000 year-2012

1000 year-2013
0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table Invest in Current Deposit

(Figure in Thousands)
Year 2012 2013 2014 2015 2016

Amount 4862 5062 5500 5750 6650

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Discussion
On the above the table and graph shows that the investment of the bank demonstrated
steady growth over the years. The invest of Current Deposit A/C meaning mechanism
TK.4862 thousands in 2012, TK.5062 thousands in 2013, TK.5500 thousands in 2014,
TK.5750 thousands in 2015, and TK.6650 thousands in 2016. Investment day to day
increase on the Bank because of bank service and quality are very high. However, the
bank should try to improve its current situation. The Investment of Current Deposit A/C
meaning mechanism growth is (6650-4862) =1788 from the 2012 to 2016. As on growth
rate of 36.77%at the end of 2016.Which exceeds the growth rate of 2012, 2013, 2014 &
2015.

25
Recovery of Current Deposit A/C meaning
7000

6000
Amount in Thousand

5000
year-2009
4000
year-2010
3000 year-2011
2000 year-2012

1000 year-2013

0
year-2009 year-2010 year-2011 Year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table: Recovery of Current Deposit (Figure in Thousands)

Year 2012 2013 2014 2015 2016

Amount 5134 5521 5400 5630 6440

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Savings Bank Deposit A/C Meaning

The terms Savings Bank Deposit A/C Meaning" have been derived from The
word means purchase and sale and the word means a fixed time or a fixed period.
Savings Bank Deposit A/C Meaning" means sale for which payment is made at a
future fixed date or within a fixed period. In short, it is a sale on Credit.

Important Features Savings Bank Deposit A/C Meaning

The Bank shall sell the goods at a higher price (Cost + Profit) to earn profit. The cost of
goods sold and profit mark-up therewith shall separately and clearly be mentioned in the
Savings Bank Deposit A/C Meaning Agreement. The profit mark-up may be mentioned
in lump sum or in percentage of the purchase/cost price of the goods. But, under no
circumstances, the percentage of the profit shall have any relation with time or expressed
in relation with time, such as per month, per annum etc. The price once fixed as per
agreement and deferred cannot be further increased.

26
Invest in Savings Bank Deposit A/C Meaning

25000000
amount in Thousand

20000000 year-2009

15000000 year-2010

year-2011
10000000
year-2012
5000000
year-2013
0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table : Invest in Savings Bank Deposit (Figure in Corer)

Year 2012 2013 2014 2015 2016
Amount 10004786 11112835 10419100 17298200 19289900

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Discussion
On the above table and graph shows that the investment of the bank demonstrated steady
growth over the years but in the year of 2012 the bank low investment. The invest of
Savings Bank Deposit A/C Meaning TK.10004786 thousands in 2012, TK.11112835
thousands in 2013, TK.10419100 thousands in 2014, TK.17298200 thousands in 2015,
and TK.1928990 thousands in 2016.

The Investment of Savings Bank Deposit A/C Meaning mechanism growth is

(19289900-17298200) =1991700 from the 2015. As on growth rate of 11.51% at the end
of 2016.Which exceeds the growth rate of 2015 but in the year 2014; it is decreased
because investment is lower than other year 2013 and 2012. However, Jamuna Bank
should try to improve its current situation.

27
Recovery in Savings Bank Deposit A/C Meaning

20000000
year-2009
15000000
year-2010

10000000 year-2011
year-2012
5000000
year-2013

0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table: Recovery in Savings Bank Deposit (Figure Corer )

Year 2012 2013 2014 2015 2016
Amount 10055567 10348726 8410000 16500000 18578200
Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Special Notice Deposit A/C

Definition
Special Notice Deposit A/C may be defined as a contract between a buyer and a seller
under which the seller sells in advance the certain commodity/ product permissible under
the law of the land to the buyer at an agreed price payable on execution of the said
contract and the commodity/ product is / are delivered as per specification, size, quality,
quantity, at a future time in a particular place.

Important Features Special Notice Deposit A/C

i. Special Notice Deposit A/C is a mode of investment allowed in which
commodity / product can be sold without having the said commodity/ product
either in existence or physical / constructive possession of the seller. Generally,
industrial and agricultural products are purchased / sold in advance under Special
Notice Deposit A/C mode of investment.
ii. It is permissible to obtain collateral security from the seller client to secure the
investment from any hazards.

28
Invest in Special Notice Deposit A/C
700000
600000
amount in Million year-2009
500000
year-2010
400000
year-2011
300000
year-2012
200000
year-2013
100000
0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table: Invest in Special Notice Deposit (Figure in Million )
Year 2012 2013 2014 2015 2016

Amount 103309 145209 191500 422500 622700

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur
Discussion
On the above table and graph shows that the investment of the bank demonstrated steady
growth over the years .The invest of Special Notice Deposit A/C mechanism TK.103309
thousands in 2012, TK.145209 thousands in 2013, TK.191500 thousands in 2014,
TK.422500 thousands in 2015, and TK.622700 thousands in 2016.

Recovery of Special Notice Deposit A/C

700000
600000
year-2009
amount in Milllion

500000
year-2010
400000
year-2011
300000
year-2012
200000
year-2013
100000
0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table : Recovery of Special Notice Deposit (Figure in Thousands)
Year 2012 2013 2014 2015 2016
Amount 1003 1107 1443 4058 7850
Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

29
 Instant Earnings Term Deposit
Definition
Instant Earnings Term Deposit between a manufacturer / seller and a buyer under which
the manufacturer/seller sells specific products after having manufactured, permissible
under Law of the country after having manufactured at an agreed price payable in
advance or by installment within a fixed period or on / within a fixed future date on the
basis of the order placed by the buyer.

Rules and Conditions

I. There must be a contract between the manufacturer and the buyer, which shall be
the principal instrument to govern the advance selling and buying under Instant
Earnings Term Deposit
II. The name specification, brand, quantity, quality, size etc. of the products must be
clearly specified in the contract leaving no ambiguity.
III. Unit price and total price of the products must be fixed and mentioned in the
contract.
IV. The time and place of delivery should be mentioned in the contract.
V. The name of party who will bear the cost of transportation, storage charge / go
down rent, insurance etc. also be mentioned in the contract.
VI. The seller shall remain responsible for quality, quantity, and specification of the
products till physical delivery of the same to the buyer.
VII. After taking delivery of the products the buyer shall be the owner and shall bear
all risks till disposal / sale of the products.
VIII. The manufacturer also the right to obtain security, in any form, to guarantee that
the price is payable on due time.

4.2 Loan Products

Personal Loan
Under this mode Bank may supply implements/ equipment/goods on rental basis. The
ownership of the implements/equipment/goods will be with the Bank and the client
jointly and the portion of the client will remain to the Bank as mortgage until the closure
of the investment account, but the client will be authorized to possess the equipment for
certain period. The client, after completion of the installments, will be the owner of the
implements/ equipment/goods.

30
Important Features
In Personal Loan Agreement, the Personal Loan contract is affected from the day the
equity of both parties deposited and the asset is purchased and continues upto the day on
which the full title of Hire (Bank) is transferred to the Hirer (Client).

Investment in Personal Loan

600000

500000 year-2009
amount in Thousand

400000 year-2010

300000 year-2011

200000 year-2012

100000 year-2013

0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table: Investment in Personal Loan

(Figure in Million)
Year 2012 2013 2014 2015 2016
Amount 312985 367865 267100 399450 490700

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Discussion
On the above table and graph shows that the investment of the bank demonstrated steady
growth over the years but in the year of 2014 the bank low invest. The invest of Personal
Loan mechanism TK.312985 thousands in 2012, TK.367865 thousands in 2013,
TK.267100 thousands in 2014, TK.399450 thousands in 2015, and TK.490700 thousands
in 2016.

31
Recovery in Personal Loan

4000000
3500000
year-2009
amount in Thousand

3000000
2500000 year-2010
2000000
year-2011
1500000
year-2012
1000000
500000 year-2013
0
year-2009 year-2010 year-2011 year-2012 year-2013 Year

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Table No: 11 : Recovery in Personal Loan (Figure in Million)

Year 2012 2013 2014 2015 2016
Amount 1533645 1821066 1240000 2768900 3689756

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Discussion
The investment of the bank demonstrated recovery steady growth over the years but in
the year of 2013 the bank low recoveries invest. The invest recovery of Personal Loan
mechanism TK.1533645 thousands in 2012, TK.1821066 thousands in 2013,
TK.1240000 thousands in 2014, TK.2768900 thousands in 2015, and TK.3689756
thousands in 2016.

32
4.3 Ratio Analysis
4.3.1 Paid -up -Capital
Paid-up capital is money that a company has received from the sale of its shares, and
represents money that is not borrowed.

Year 2012 2013 2014 2015 2016

Paid-Up Capital 920 1989 1989 1989 1989

Table: Paid-Up -Capital

Source: Jamuna Bank Ltd. Konabari Branch, Gazipur

Graphical presentation:

Paid -up -Capital

4500
4000
3500
3000
Axis Title

2500
2000
1500
1000
500
0
1 2 3 4 5
Paid-Up Capital 920 1989 1989 1989 1989
Year 2012 2013 2014 2015 2016

Interpretation:
From the analysis, it has seen that the paid-up in 2013 it increased to 1989 million which
is in a horizontal trend till 2016. It indicates Banks owners equity were increasing
which may reduce their insolvency risk.

33
4.3.2 Shareholders Equity:
Shareholder equity comes from two main sources. The first and original source is the
money that was originally invested in the company, along with any additional
investment made thereafter. The second source comes from retained earnings which the
company is able to accumulate over time though is operations in most cases; the retained
earnings portion is the largest component.

Shareholders Equity = Total Assets Total Liabilities Or

Shareholders equity =Share capital + Retained earnings - Treasury bills
Year 2012 2013 2014 2015 2016
Shareholders Equity 1019 2146 2217 2328 3273

Table: Shareholders equity

Graphical presentation:

Shareholders Equity
6000
5000
4000
Axis Title

3000
2000
1000
0
1 2 3 4 5
Shareholders Equity 1019 2146 2217 2328 3273
Year 2012 2013 2014 2015 2016

Interpretation:
From the analysis, it has seen that their shareholders equity is also increasing trend. As,
shareholders equity is increasing trend it conveys positive sign for bank solvency. In
2016 shareholder equity stands 3273 million whereas in 2015 equity was 2328million.

34
4.4 Liquidity Ratios
Liquidity ratio, expresses a company's ability to repay short-term creditors out of its total
cash. The liquidity ratio is the result of dividing the total cash by short-term borrowings.
It shows the number of times short-term liabilities are covered by cash. If the value is
greater than 1.00, it means fully covered.

4.4.1 Current Ratio:

The current ratio, one of the most commonly cited financial ratios, measures the firms
ability to meet its short-term obligations. The higher the current ratio, the better the
liquidity position of the firm. It is expressed as:
Current Ratio=Current Asset/Current Liabilities
Year 2012 2013 2014 2015 2016
Current Ratio 1.02 1.21 1.16 1.14 1.18
Table: Current Ratio
Graphical Presentation:

Current Ratio
2018
2017
2016
2015
Axis Title

2014
2013
2012
2011
2010
2009
1 2 3 4 5
Current Ratio 1.02 1.21 1.16 1.14 1.18
Year 2012 2013 2014 2015 2016

Figure: Current Ratio

Interpretation:
JBLs current ratios were satisfactory last five years because it maintains more 1 tk. as
current assets against tk. 1 current liabilities, whereas banking industry normally
maintains 1:1 current ratio.

35
4.4.2 Net Working Capital:
The current ratio, one of the most commonly cited financial ratios, measures the firms
ability to meet its short-term obligations. The higher the current ratio, the better the liquidity
position of the firm. It is expressed as:

Net Working Capital=Current Asset-Current Liabilities

Year 2012 2013 2014 2015 2016
Net Working Capital 109 2277 2022 1956 2001

Table: Net Working Capital

Graphical Presentation:

Net Working Capital

5000
4500
4000
3500
Axis Title

3000
2500
2000
1500
1000
500
0
1 2 3 4 5
Net Working Capital 109 2277 2022 1956 2001
Year 2012 2013 2014 2015 2016

Figure: Net Working Capital

Interpretation:
In 2012, the net working capital of JBL was fall to 109 from 2277. But in 2013 it
drastically increased to 2277. After that it consecutively falls till 2016 however, the bank
is able to meet up its current obligations.

36
4.5 Analyzing Activity Ratio
4.5.1 Cost Income Ratio:
The cost-to-income ratio shows the efficiency of a firm in minimizing costs while
increasing profits. The lower the cost-to-income ratio, the more efficient the firm is
running. The higher the ratio, the less efficient management is at reducing costs.

Cost Income Ratio=Total Operating Expenses/Total Operating Income

Year 2012 2013 2014 2015 2016

Cost Income Ratio 41% 47% 45% 66% 82%

Table: Cost Income Ratio

Graphical Presentation:

Cost Income Ratio

2018
2017
2016
2015
Axis Title

2014
2013
2012
2011
2010
2009
1 2 3 4 5
Cost Income Ratio 41% 47% 45% 66% 82%
Year 2012 2013 2014 2015 2016

Interpretation:
From 2012 to 2014 the operating efficiency of the JBL was in good position because
they minimized their operating cost. So, in 2016 compare with previous year, its
operating efficiency was worse than ever only because of unfavorable economic
condition leads the bank towards lower income.

37
4.5.2 Total Asset Turnover Ratio:
The total asset turnover indicates the efficiency with which the firm is able to use all its
Assets to generate sales.

Total Asset Turnover= Operating Income/Total Asset

Year 2012 2013 2014 2015 2016
Total Asset 5.20% 3.97% 5.18% 4.53% 3.22%
Turnover

Table: Total Asset Turnover

Graphical Presentation:

Total Asset Turnover

2017
2016
2015
2014
Axis Title

2013
2012
2011
2010
2009
1 2 3 4 5
Total Asset Turnover 5.20% 3.97% 5.18% 4.53% 3.22%
Year 2012 2013 2014 2015 2016

Interpretation:
From the analysis, it has seen that from 2012 to 2016 JBL total asset turnover were
fluctuating trend but in 2016 compare with any other year it was in a declining trend
which is not good sign. That happen because of unstable political condition private
sector growth was in negative trend, bank has huge idle money which invested in low
yielding options and a big amount of loans and advances gone bad because of unstable
political condition.

38
4.6 Analyzing Debt Ratio
4.6.1 Debt Ratio:
The debt ratio measures the preparation of total assets provided by the firms creditors.
Debt ratio= Total Liabilities/Total Assets
Year 2012 2013 2014 2015 2016
Debt ratio 89% 86% 87% 88% 87%

Table: Debt ratio

Graphical Presentation:

Debt ratio
2018
2017
2016
2015
Axis Title

2014
2013
2012
2011
2010
2009
1 2 3 4 5
Debt ratio 89% 86% 87% 88% 87%
Year 2012 2013 2014 2015 2016

Interpretation:
This graph shows that, in 2013 the debt ratio was decreased in 2013 it was happened
because of new capital injection from shareholders. After that in 2013 it grew gradually
as the deposit rise which is the common nature of the business. Lower the ratio, it is less
risky. Since it is in a increasing trend which is not a good sign for a bank.

39
4.6.2 Time Interest Earned Ratio:
The times interest earned ratio, sometimes called the interest coverage ratio, measures
the firms ability to make contractual interest payments.

Time Interest Earned Ratio =Earnings before Interest and Taxes/Interest

Year 2012 2013 2014 2015 2016
Time Interest 1.89 1.99 1.99 1.69 1.45
Earned Ratio

Table: Time Interest Earned Ratio

Graphical Presentation:

Time Interest Earned Ratio

2018
2017
2016
2015
Axis Title

2014
2013
2012
2011
2010
2009
1 2 3 4 5
Time Interest Earned
1.89 1.99 1.99 1.69 1.45
Ratio
Year 2012 2013 2014 2015 2016

Figure: Time Interest Earned Ratio

Interpretation:
From the above analysis time interest earned ratio on JBL was satisfying. In 2013 and
2014 earned ratio was equal but in 2015 it falls than last years. In 2016 it was the worst
case and the reason described above. So JBL should enhance its earnings by minimizing
its operating costs in order to get adequate earnings to satisfying interest obligations.

40
4.6.3 Equity Capital Ratio:
The ratio shows the position of the Banks owners equity by measuring the portion of
total asset financed by the shareholders invested funds and it is calculated as follows:

Equity Capital Ratio = Total Shareholders Equity / Total Assets

Year 2012 2013 2014 2015 2016
Equity Capital 10.81% 13.78% 12.75% 11.91% 13.36%
Ratio

Table: Equity Capital Ratio

Graphical Presentation:

Equity Capital Ratio

2017
2016
2015
Axis Title

2014
2013
2012
2011
2010
2009
1 2 3 4 5
Equity Capital Ratio 10.81% 13.78% 12.75% 11.91% 13.36%
Year 2012 2013 2014 2015 2016

Figure: Equity Capital Ratio

Interpretation:
This graph shows that equity capital ratio in 2013 it increased to 13.78%, later from 2013
to 2015 it was all about in a decreasing mood. But in 2016 due to capital injection by the
shareholders the ratio increased. So, the equity capital ratio of the bank should better in
future and that need to be internal capital generation.

41
 CHAPTER FIVE
Findings, Recommendations and Conclusion

42
5.1 Findings
a. Capital:
It has seen that the in JBLs Paid-up capital was increasing. It indicates Banks
owners capital was increasing, so it may reduce the banks insolvency risk.
b. Shareholders Equity:
The shareholders equity is also increasing trend. As, shareholders equity is
increasing trend it conveys positive sign for bank solvency.
c. Liquidity Ratios:
From the current ratio analysis of last five years it has seen that JBL maintains
satisfactory range of capital assets in order to smooth operations by paying their
short-term obligations.
The net working capital of JBL is surprisingly increased in 2016 than last two
years, after that it is in decreasing mood. However, the bank is able to meet its
current obligations.
d. Activity Ratios:
We know that cost income ratio measures the operating efficiency of the bank.
From the analysis, the operating efficiency of the JBL was in not good position
from 2012 to 2014, because they were not able to minimize their operating cost.
But in 2015 it decreases their operating cost that is good sign again in 2016
operating cost seems increase as the earnings declined compared to previous year.
Total asset turnover indicates the operating efficiency of any organization. We
know the greater the total asset turnover is considered more efficient. But from
the analysis it has seen JBL total asset turnover is not steady as well as in
decreasing trend which is not good sign.
e. Debt Ratios:
The debt ratio was increasing year by year after fall in 2013 than last year. Debt
ratio measures the proportion of total assets provides by the firms creditors. The
banks debt ratio was in increasing trend from 2013 which is not good sign for a
bank.
From the above analysis time interest earned ratio on JBLs was satisfying.
Because, it was in increasing trend from 2012 to 2014 where as in 2013 and 2014
it was same. But last year it falls than preceding years. So, JBL should enhance
its earnings by minimizing its operating costs to get adequate earnings to
satisfying interest obligations.
43
44
5.2 Recommendations
Some recommendations based on the Investment analysis of Jamuna Banks Ltd. are
given below-
Jamuna Bank Ltd. should try to improve Deposit product investment mechanism.
Should emphasis on Loan product investment mechanism.
Jamuna Bank Ltd. should try to improve Savings Bank Deposit A/C investment
mechanism.
Should be emphasis in Instant Earnings Term Deposit investment mechanism.
Monthly /quarterly training courses /workshops should be arranged for the clients,
selected by the branches in order to promote Investment clients of the desired level.
Jamuna Bank Ltd. can diffuse its scope the investment through focusing commercial
concept regarding investment among the Bank officers, employers and the clients by
strong training, workshops and clients get together.
Paid up capital of JBL were increasing trend and they should keep focus to increase
capital in order to maintain their solvency.
As we have seen that Current Ratio of JBL is satisfactory range. So, JBL should
maintain this trend for smoothly operate of their business.
The Cost income ratio of the JBL was not in good position because they were not
able to minimize their operating cost. They should minimize their operating cost as
well maximize the operating income.
As, Total Asset Turnover shows the efficiency of the bank. But in last 5 years total
asset turnover were not steady. So JBL should also try to improve their Total asset
turnover.
Debt Ratio of the JBL was not satisfactory range because it was increasing trend. So,
they should try to decrease of this ratio.
JBL should try to increase net profit margin for increasing operating efficiency.
The JBLs ROA was deceasing mood excepting year of 2015 and in worst position in
2016. So, the JBLs should manage its investment in asset by proper utilization to
generate their profit.

45
5.3 Conclusion
Bangladesh is a developing country. Without developing banking sector, this countrys
business sector is not possible to progress rapidly. In such condition, Jamuna Bank Ltd.
is trying to develop banking sector through ensuring welfare oriented servicing to the
people. Commercial Banking is not possible to establish without and trust. Interest free
banking system is no more a concept. It is now a reality, a dynamic system, embodying
a set of superior banking mechanism. More than financial institutions are operating in
different countries throughout the world. Bringing a new concept in such business
sector, which is growing so rapidly in the world, is really a bold step.

To conclude we must say that, Jamuna Bank has been established with a view to conduct
interest free banking to establish participatory banking instead of debtor-creditor
relationship and Jamuna Bank has immense potential to work in Bangladesh. It can play
a vital role in bringing revolutionary changes in our life with both material and moral
world from in individual and collective level.

46
 CHAPTER SIX
INTERNSHIP EXPERIENCE

47
6.1 Internship Position
I was given the opportunity to work in Jamuna Bank Ltd. for three months it was part of
my academic program. In the internship period I have no specific position. So I have no
fixed duties in the organization. I work under a manager and observed his different types
of activities. I prepared this report on the basis of that three months observation. I have
got various kind of experience of export procedure, JBL. systems, operations procedure,
customer relationship etc.

6.2 My Job Responsibilities

File documentation: File documentation is one of the main responsibility regarding
my internship in this organization. I had to collect, and arrange, various types of
official document according to their importance. For this purpose I had to coordinate
with different department of Jamuna Bank Limited.

Data collection: I had to go to the field for collecting various types of task related
information, which are very much essential for successful arrangement of a product.
Through field visit I had determine the total output regarding the expectation of a
JBL products.

Coordination among department: I had to coordinate with different department of

the organization.

Arraigning material for the in house meeting: There were a huge number if
meeting during my internship in my organization. I had to collect different types of
materials for those meetings.

Entry of information in office document and soft copy: I had to input office
documents and update the office document. Data entry and database management is
remarkable of them.

48
6.3 Linkage between work-Internship topic
There few specific responsibilities I have performed. These are:
Back to Back L/C opening: Sometimes to complete export exporters have to buy raw
material and accessories from another supplier by opening Back to back L/C which is
back to back L/C. It is new credit in favor of another beneficiary. Sometimes beneficiary
seller of a credit himself is unable to supply goods specified in the L/C and required to
purchase from another supplier by opening second credit.

Working at Jamuna bank Limited was a great experience for me. I have learnt many
things from them. From my little knowledge what I have observed and some
recommendations are as follows:

Boss and subordinates relationship: I observed that between boss and subordinate has
friendly relationship for some cases. But there are also some traditional boss exist whose
only need order and work. They just dont much talk with subordinate without any
works. But there are more leaders whose have power to control their subordinate with
motivation and caring.
Organizational culture and behavior: Organizational culture and behavior is well
maintained. In any organization there much more need ethical culture and behavior than
paper rules and regulation in Jamuna Bank Ltd. I saw that it is very good. Every
employee have positive attitude about their office culture and behavior.

Working environment: Jamuna Bank Ltd. ensures good working environment for its
officials. But not the best, The Bank should make friendlier working environment for
employees. It may produce more works.

Centralized structure: Jamuna Bank Ltd. follows centralized official structure. In every
important decisions comes from top level and also every important have to pass from top
level. I think it is not good idea. Decentralized is best idea to work efficient end
effectively.

49
 References

Books:
i) Andley.K.K & Motto,V.J., Investment principles and practice, Suitan Chand &
Sons ,New Delhi,1997
ii) Balachandran, Dr.,Trade Payment: Commentary, Cases & Text, Academy of
Business Studies, New Delhi 1996
iii) Khan, M, Y and Jain, P.k.(2014), Financial Management, 6th Edition, Tata
McGraw Hill Education Private Limited, New Delhi.
iv) Islam, M.N.(2011), Research Methods, 2nd Edition, Mullick & Brothers, Dhaka
New Market, Dhaka-1205.
v) Sharpe, William F.,Alexander J.,Bailey V. (1978), Investment 6th edition,
published by prentice
vi) Dr. R. M. Debnath (1996) Business of Banking (Lotus Publishers, 1st Ed).
vii) Government of Bangladesh, Ministry of Finance .Bangladesh Economic Review
(2007)
viii) Previous survey reports of Jamuna Bank Ltd.

Annual Reports
Annual Report of Jamuna Bank Ltd. 2012-2016
Websites:
Reading Materials from internet.
JBL Official Website
www.jamunabankbd.com

50
Appendices

51
52
53