Foreign Exchange Functionality of Countrywide Bank Limited, Khulna Brance

 Foreign Exchange Performance of Countrywide Bank Limited, Khulna Brance Essay

Executive Summary

Banking sector performs vital part for financial development of Bangladesh. Foreign exchange department of commercial banking companies facilitates the transfer and export of a nation and thus builds up the worldwide trade. Nationwide Bank Limited established while the first private sector bank totally owned Bangladeshi entrepreneurs, NBL has been thriving as the biggest private sector bank with the passage of time after facing many tension and tension. Foreign exchange office of this traditional bank is popular. The record was made on the basis of primary and secondary data. Primary data have been collected through discussions with the representatives of the forex department in the bank. Secondary data have been collected in the bank's record books, magazines, annual information, websites and other sources. For analyzing the information and describing the functionality both dining tables and charts have been provided. Khulna Branch of this lender is important one for its functionality. National Traditional bank Limited, Khulna involves transfer and export trade of various types of commodities. The imported products are pulses, raw organic cotton, spices, fruits, dry chilies, onion, garlic, alum's, oilcake food cause, fertilizer, digital goods, equipment, and others. The export goods are shrimps, Jute & Jute goods, rice grain, frozen fish, saw dirt, coconut layer, cotton rags, etc . Last season, 41. 12 % of the total import trade was performed for signal. In 2009, 73% of the total export operate was made pertaining to shrimps. NBL, Khulna Department considers customers as the heart with the organization. That always takes into consideration user's interest. NBL, Khulna Department has been pre-loaded with modern technology to facilitate transfer and foreign trade. It has as well become a member of SPEEDY. The import and export trade have already been increased through this branch. By considering all these things it can be declared National Bank Ltd, Khulna Branch can win all of those characteristics, very required for operating...