A WORKING REPORT ON FOREIGN EXCHANGE OPERATION OF COMMERCIAL BANK OF CEYLON PLC AND COMPARATIVE STATISTICAL ANALYSIS BETWEEN COMMERCIAL BANK OF CEYLON PLC AND EASTERN BANK LTD.
Banking sector has expanded today’s business world A financial institution that is licensed to deal with money and its substitution by accepting time and demand deposit making, loans and investing in security is called Bank. In Bangladesh there are too many banking institution. They all are trying to keep their customer in a level through providing better service. This report is based on my three months internship program in Commercial Bank of Ceylon PLC, which is a partial requirement for completing my BBA program. The report represents the foreign exchange operation on CBC, and a comparative statistical analysis between a foreign bank (Commercial Bank of Ceylon PLC) and local bank (Eastern Bank Ltd). This report is a basis of information obtained from primary and secondary sources like interview from officials, practical deskwork, annual reports and different manuals from CBC. Different Foreign Exchange Operations such as L/C opening, Foreign Inward/Outward Remittances, and various others operations have been discussed in the report. Further detailed knowledge on Export/Import Mechanism, Documents required for opening various accounts and L/C are also incorporated in my internship report. Moreover I have prepared a comparative research, analyzing the overall performances of Commercial Bank of Ceylon PLC and Eastern Bank Ltd. The research represents a ratio analysis, where various financial ratios have been computed and presented graphically, to determine the overall performances of the two banks. The ratios have been computed from three years (2008-2010) Annual Reports of the banks
- Internship Reports