General banking, how a renowned bank like Mutual Trust Bank Limited of Bangladesh is competing and how it can cope up itself internationally

Abstract

A Banking System of Bangladesh has gone through three phases of development which are – Privatization Nationalization and lastly Financial Sector Reform and Mutual Trust Bank Ltd. (MTB, the 3rd generation bank) has started its journey as a private commercial bank on 29 September, 1999.We can say that, basically the whole working area of a modern bank can be divided into 4 (four) Sections, such as - 1) General Banking Section, 2) Cash Section, 3) Loans & Advance Section and 4) Foreign Trade Section. Our focus & discussion will be concentrated mainly on General Banking Section as well as International Banking Section too compare to Mutual Trust Bank Limited. In all the banking operations, General Banking is the starting point. The department concentrates to provide day-to-day services to the customer by opening new accounts, remit funds, issue bank drafts & pay orders etc. Provide customers and its clients through quick and sincere service are the main goal of the general banking department.Through this study we can understand that, a fervent appeal has been made to demonstrate and analyze the general banking practice as well as comparison to international banking and the subsequent outcome of Mutual Trust Bank Ltd. (MTB), which is passing its childhood period to establish an iconic threshold in the banking arena.This report has been originated as the degree prerequisite of the BBA program at the Faculty of Brac Business School, Brac University with focuses three months working experiences in Mutual Trust Bank , Dhanmondi Branch.The report certainly contains six (6) chapters. Here in The First Chapter of the report describes the Origin, Purpose, Objectives, Methods and Sources, Scopes and Limitations. The Second Chapter contains the Overview and activities of MTB and Chapter Three contains General Banking Activities of MTB and Chapter Four contains how it can cope up itself internationally and the challenges it is facing in terms of general banking worldwide. Chapter Five Performance Analysis of Mutual Trust Bank Limited, Liquidity position of the Scheduled banks as well as Export, Import, Retail product of MTB, Wholesale, Term finance. In chapter Six the findings and experience during the three-month long internship period.