Credit risk management practice in nonbanking financial institutions: a study on Lanka Bangla Finance limited

Abstract

The report is prepared on the basis of three months practical experience at Lanka Bangla Finance Limited (LBFL). My internship report is on “Credit Risk Management Practice in Non Banking Financial Institutions: A Study on Lanka Bangla Finance Limited”. To build this report I have tried to collect as much related information as possible. I included an overview and a brief discussion of overall activities to get a preliminary idea of the services of Lanka Bangla Finance Limited. Being a joint venture financial institution, it provides a wide range of services to its customers. The Core business of this organization is different types of loan products which is discussed in the report. Actually I have organized this report to represent background of LBFL, their available product & service facilities, their efficiency to serve customer, and their terms and conditions for loans. My concentration was to show the whole process of Credit Risk Management Division. A major portion of the report describes the overall process of approving loans as well. The concluding portion of this report includes my suggestions along with a summary of three months of internship.