RowjatunJannat has worked hard in preparing this report and she has succeeded in presenting a good scenario of the organization of the concern. I would like to thank from the bottom of my heart those people who are directly and indirectly related to the creation of this report and make it a success. The main objective of this report is to know how this NRB Global Bank is doing in its investment sector.
Introduction
Origin of the report
Objectives of the study
Suggesting corrective dimensions for upgrading the entire manner of the investment part.
Scope of the study
The methodology of the study
The main strength of NRB Global Bank has greatly contributed to the growth and development of the bank. 41 The investment performance of the trend analysis of NRB Global Bank LTD was used for the analysis. The performance of NRB Global Bank Limited is not satisfactory due to lack of efficient employees in their bank.
Corporate Information of NRB Global Bank
VISION
MISSION
GOAL
SWOT Analysis of NRB Global Bank
From the beginning, NRB Global Bank tries to provide their work environment with modern equipment and facilities and technologies. Online banking is one of the main attractions that help this bank to create a better position among private banks. It will also facilitate a wide area network between the buyer and the production unit of NRB Global Bank to make smooth operation to meet the desired need with least movement.
Products and Services of NRB Global Bank Ltd
NGB Travelers (a "Travel Purpose" loan meaning that the applicant must declare his/her domestic/foreign travel purpose.
Financial performance NRB Global Bank From 2017 to 2013
The figure shows that the ratio between investments and deposits of NRB Global Bank Ltd is gradually increasing year after year after 2014. This happened due to increased interest rates on bank deposits, as well as a high rate of investment growth. It can be seen from the above figure that the return on investment of NRB Global Bank Ltd in 2013 and 2014 is not stable. But after these two years, ROI increases and in 2017 it drops again. The bank should focus on its investment process and the alarming situation, otherwise it will cause a big problem. During my working period, the employees of NRB Global Bank have been very supportive and have always helped me to learn and are very friendly.
In the following, I found out some problem in NRB Global Bank as a critical observation. Findings are gathered in the wake of discerning and breaking down the investment management process of NRB Global Bank Limited which is completely from my experience. NRB Global Bank Limited is committed to their potential customer to honor his check within a very short time of submission but most of the time they are unable to.
11 NRB Global Bank has already established a favorable reputation in the country's banking industry and most of NRB Global Bank's customers are satisfied with its deposition services, except for a few critical issues. 3. NRB Global Bank should select a sufficient number of female employees to negotiate female businessmen and experts. From the beginning of a larger change in the global economic structure, NRB Global Bank has sought to develop the banking sector through prosperity and service to the people.
NRB Global Bank is committed to service excellence with efficiency, accuracy and skill.
Factors Related with Investment
Investment of NRB Global Bank
Importance of Investment
Investment Management
Goals and standards
28 4.To create speculation taking into account the economic condition of the nation and to build the amount of potential financial specialists by making participatory and lucrative speculation. To support socially inspiring companies and disregard even very beneficial interests in areas prohibited by banking regulations.
Types of Account
The interest offered on STD is less than that of savings deposit and in practice, NRB Global offers 5.00% interest rate on STD account. It can be collected depending on the fund. STD A/C volume is higher than another account. In NRB Global Bank, some big companies, organizations, Government Department keep money in STD accounts.
The depositor must fill in an application form, which contains the amount in figures, beneficiary's name and address, period, date of issue, interest rate, maturity date, how the amount will be serviced (jointly or individually) signature(s), F.D.R no special instructions. For this account's monthly minimum balance for interest accrual is BDT 2500/- On this account's opening balance is BDT 2000/-. The interest rate is the same as the NGB Salary Account and Interest will be paid on a half-yearly basis.
If the bank does not make three consecutive installments from the correspondent account by the agreed time, the account will be automatically closed and the self-deposited amount will be transferred to the tied transaction amount. The loan limit is 90% of the own deposit amount and the spread will be the prevailing FD rate +2%. The loan will be sanctioned to meet the cost of higher education of an NRB child in Bangladesh only, which covers admission fee, tuition fees, semester fees, other fees as specified by the educational institutions, accommodation/boarding.
It will be given to the person with or without any secured property or mortgage to protect him or her.
Investment Management Process
39 Once a client decides to apply for a loan, a meeting with a loan officer usually follows, during which the client has an opportunity to explain his or her credit needs. That conversation is particularly important because it gives the loan officer an opportunity to assess the client's creditworthiness. character and sincerity of purpose. If the client does not appear to be sincere in recognizing the need to adhere to the terms of a loan, this should be recorded as a strong factor weighing against the approval of the loan application. When a business or mortgage loan is applied for, a loan officer often makes an on-site visit to assess the customer's location and condition of the property and to ask clarifying questions. The loan officer may contact other creditors who have previously lent money to this customer to see what their experiences are. A previous payment record often reveals a lot about the customer's character, sincerity of purpose and sense of responsibility when using credit provided by a credit institution.
If everything is favorable up to this point, the customer is asked to provide some key documents that the lender or bank needs to fully assess the loan request, including full financial statements and, in the case of a company, board resolutions authorizing loan negotiations with banks. Once all the documents are on file, the lender's credit analysis department performs a full financial analysis of the applicant to determine if the customer has sufficient cash flow and reserves to repay the loan. If the loan committee approves the customer's request, the loan officer or credit committee will usually check the property or other assets that will be pledged as collateral to ensure that the bank has immediate access to the collateral or can obtain title to the property. if the loan agreement is in default.
40 When the borrower and the bank's loan committee are satisfied that both the loan and the proposed security are sound, they prepare the notice and other documents that make up the loan agreement and have them signed by all parties to the agreement. The new contract must be constantly monitored to ensure that the terms of the loan are followed and that all required principal and interest payments are made as promised. For larger commercial loans, the lender will periodically visit the client's business to check on the progress of the business and see what other services the client may need. Typically, the lender or other staff members enter information about a new borrower into a computer file called a customer profile or customer profile.
This profile shows which services the customer is currently using and contains other information required by management to monitor a customer's progress and financial services needs.
Analysis of the Investment Performance of NRB Global Bank Ltd
According to the figures shown above, the deposit amount of NRB Global Bank Ltd is on an increasing trend. Considering the 5-year trend, the growth rate fluctuates, but in the past three years, the growth rate trend has increased. This means that the bank's deposits are increasing. Well. If this happens consistently, the bank's revenues will increase. Return on investment is primarily an indicator of management adequacy. It indicates how skilled management has been in converting assets into net profits. The higher the bank's return on investment, the better. The figures mentioned above show that the bank is investing more in the Chittagong and Dhaka divisions. Due to the development of commercial and trading services, the bank is investing more in these two divisions. But the bank would also have to focus on other divisions like Sylhet and Rajshahi due to the lower pace of investment in these two divisions.
The figures mentioned above show that the bank is also investing more in Chittagong and Dhaka divisions in 2016. But the investment amount is higher than 2016 here. Working in a bank like NRB Global Bank is a great way to show interest in the sector and for me to learn more about the job I would be doing on a routine basis. While taking a shot at NRB Global Bank, PanthapathMahila Branch, Dhaka, I got a more updated understanding.
Step by step, new emerging banks are getting closer with their new venture/venture administrations, what the dangers would be for the bank, in light of the bank curtailing venture plans by NRB Global Bank Limited. 12. The presence of modern data processing and communication equipment is inadequate in NRBGB, causing a significant degree of inefficiency in the bank's performance. Based on my observation, I would like to give some recommendations as I had the practical exposure in NRB Global Bank for three months.
8.The bank should take initiative to develop an efficient research and development center related to investment to get innovative ideas to capture the competitive market. NRB Global Bank, being a bank of twenty-first century, helps to promote the socio-economic condition of the country like other banks. In order to have an idea about how effectively the bank does its investment activities, this study was conducted. The study reveals that there is an upward trend in his investment. However, there is a minimization trend in his classified investment. concentrate on the investment recovery process to shorten its classified investment and provision against classified investment.
