Eastern University (EU)

Welcome to my
Presentation
Friday, August 14, 2015

 Performance Evaluation of Foreign

Exchange (Export) Department of Prime
Bank ltd.

Prepared By:

Prepared For
Abu Md. Abdullah
Assistant Professor
Faculty of Business Administration
Eastern University, Dhaka

Md. Nazrul Islam

ID No: 103200029
Major in HRM ; 23rd Batch
Bachelor of Business Administration
Eastern University
Friday, August 14, 2015

Presentation at a Glance

Introduction
Overview of the Company
Objectives
Methodology
Foreign Exchange operation analysis
Findings
Recommendation
Conclusion

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INTRODUCTION
Foreign exchange is an important and integral part of
commercial banking. It is very much lucrative and remunerative
operation for the bank, if it is conducted systematically and
methodically per norms.
Foreign Exchange means exchange of foreign currency
between two countries. If the Foreign Exchange is considered
as a subject, it means all kinds of transaction related to foreign
currency. In other words, foreign exchange deals with foreign
financial transactions.
The Exchanges of the currency of one country for that of another country.
- Donal.A.BAll

Friday, August 14, 2015

OVERVIEW OF THE COMPANY

Prime Bank Limited (PBL) is one of the Bangladeshi private banks, which
was incorporated on 17th April 1995 with Tk. 1000 million of authorized capital
& Tk. 100 million of paid up capital by a group of successful entrepreneurs.
Prime bank Limited is the first private bank to introduce lease finance, Hire
purchase & customer credit schemes along with Islamic banking services in the
banking sector in order to bring about qualitative changes in the lives of people
of Bangladesh.
It is not only a conventional Bank. Its a modern, dynamic private commercial
bank & plays a constructive role in the economic development of the country.
Corporate Slogan

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A Bank with a Difference

OBJECTIVES OF THE STUDY

Board Objective:

The board objective is To Evaluate the Performance of Foreign Exchange

(Export) Dept. of Prime Bank Ltd.

Specific objectives:

To analyze the export procedure maintained by Prime Bank Ltd.

To get an overall idea about the Foreign exchange Business.
To find out whether the actual guideline is provided to complete the export
procedure.

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METHODOLOGY OF THE STUDY

In order to meet the data requirement and collect

information following sources have been used:

Primary Data Sources:

Primary data have been collected from the individual
employee those who are working in the Prime Bank
at Gulshan Branch by structured questionnaire which
is attached in the appendix section.

Secondary Data Sources:

Different reports and journals of PBL.
Website of the bank
Bangladesh Bank web site.
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Result and Analysis of Foreign Exchange performance

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Question No : 04

Cont.

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Question No : 05

10

Cont.

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Question No : 06

11

Cont.

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Question No : 07

12

Cont.

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Question No : 10

13

Cont.

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Question No : 12

14

FINDINGS

Most of the respondents strongly agree regarding the export procedure of prime bank is better
than other renowned commercial banks.

Maximum respond neutrally those respondents feel more relaxed with the export procedure of
prime Bank. Strict controlling of Central Bank in foreign currency endorsement is a major
problem.

Some of respondents agree that Bank should introduce more A.D (Authorized Dealer)
Branches for enhancing Foreign Business.

Most of the respondents of prime Bank respondents neither happy not dissatisfied that they
provide actual guideline to complete the export procedure.

Maximum respondents agree that Steps and sub steps of export procedure are well explained.
Government new regulations like as L/C margin reduce the Foreign Exchange transaction.

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Recommendation

Prime Bank may make it more flexible and efficient regarding documentation process,
Foreign exchange activities.

Most of the respondents positively answered that prime Bank may introduce more
A.D. branches for enhancing Foreign Exchange Business.

Majority of the respondents strongly agree but most respond neutral that prime bank
should monitor the performance of its foreign trade and export procedure system.

Steps and sub steps of Export procedure may be explained appropriately to the
customers, so that they can easily complete their task but some time it cannot
possible.

Some of the respondents disagree that export Procedure may evaluate and improved
step by step for customer can easy way export goods on time.

Prime Bank foreign dept. may take helps the Bangladesh bank to stop the money
laundering issue in a banking system. Because most of the respondents positively.

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CONCLUSION

The foreign exchange department is one of the most

important departments in a bank. A banks performance
and profit largely depends on this division.

These foreign exchange activities have an equal significant

role to the economic growth of a country. So through this
division banks are contributing to the economic
empowerment of the country.

Though this branch has showed excellent performance

always but yet has some limitations. Every bank tries to
cope with the newer trends of foreign exchange as soon as
possible.

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