A WORKING REPORT ON BRANCH OPERATIONAL ACTIVITIES OF UNITED COMMERCIAL BANK LIMITED

Abstract

Our Internship, being a partial fulfillment requirement of Bachelor of Business Administration (BBA 499) program is designed to bridge the gap between academic knowledge and practical experience. It provides us with a great opportunity to gain first hand experience while implementing our academic knowledge gained throughout our BBA program. This report has been prepared in connection with all my experiences gathered during my internship period of 03 (three) months with United Commercial Bank Limited, Gulshan Branch, Dhaka.

United Commercial Bank Limited (UCBL) started its journey as a Private Commercial Bank on 3rd August 1999. The banking operations of UCBL are divided into three broad sections- (i) General Banking, (ii) Credit, and (iii) Foreign Exchange. This report is mainly based on observations from each section of UCBL Gulshan Branch, Dhaka. While preparing this report, I have tried to make acquaintance with the Bank and Branch.

(i) By definition, General Banking is part of a financial institution that mediates or stands between ultimate borrowers and ultimate lenders. Banks perform this function in two ways - taking deposits from various areas in different forms and lending that accumulated amount of money to the potential investors in other different forms. It is the starting point of all the banking operating. General Banking department aids in taking deposits and simultaneously provides some ancillaries services. It provides those

customers who come frequently and those customers who come one time in banking for enjoying ancillary services.

(ii) Foreign Exchange is concerned with the settlement of international indebtedness, the methods of effecting the settlements and the instruments used in this connection and the variation in the rates of exchange at which settlement of international indebtedness is made.