Credit Risk Management of Basic Bank - 23409 Words

Chapter 1 Introduction 1.1. Origin of the report As a part of the Internship Program of Bachelors of Business Administration course requirement, I was assigned to do my internship at Bangladesh Small Industries and Commerce Bank Limited popularly known as BASIC Bank Limited for the period of three months starting from December 20, 2006 to March 20, 2007 as an intern by the Internship Placement Committee of Department of Accounting Information Systems, University of Dhaka. Here at BASIC Bank, I was assigned to work at Loans and advances Division of BASIC Bank, Moulvibazar Branch, Dhaka, Mr.Khan Iqbal Hasan, Assistant General Manager and In-charge, was my supervisor. The title of the report is â€Å"Credit Operations and Risk management†¦show more content†¦1.5 Scope of the study: The study would focus on the following areas: ââ€" ª Credit Policy of BASIC Bank ââ€" ª Credit appraisal systems of BASIC Bank ââ€" ª Supervision and monitoring of loans and advances at BASIC Bank ââ€" ª Credit Risk Management Practices Each of the above areas would be critically analyzed in order to determine the efficiency of BASIC Bank’s credit appraisal and credit risk management system. 1.6 Limitation of the study: This study report is based upon secondary source of information from the documents and databases of the Bank. Though I tried my level best to produce a comprehensive and well-organized report on the â€Å"Credit Operations and Risk Management Practices of BASIC Bank Ltd†, some limitations were yet present there: i. A period of three month was not sufficient to collect and understand the insights of credit appraisal and management. ii. Banks policy did not permit to disclose various data and information related to Credit Portfolio. Chapter 02 An Overview of BASIC Bank Ltd. 2.1 Historical Background The BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) establishes as a banking company under the companies Act 1913 launched its operation in 1989. It was incorporated under the Act on the 2nd of August, 1988.The Bank started itsShow MoreRelatedRisk Management at Wellfleet Bank: All That Glitters Is Not Gold.1120 Words   |  5 PagesAnalysis – Risk Management at Wellfleet Bank: All That Glitters Is Not Gold. 1. Given its strategy, what kind of risks does Wellfleet Bank face? The first possible risk would be the operation risk. Refer to Wellfleet Bank, the Group Credit Committee has a unlimited level of authority. They could approve loans of any size within the bank’s regulatory limits which means there is no supervisory group can stop the group’s decision. 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