Proposal for the Project Report

Submitted By:
Mohammad Rokunuzzaman ID=3-07-11-039 11th Batch Department of Management Studies University of Dhaka.

Submitted To:
Dr. Shahid U. Ahmed Professor

Department of Management Studies University of Dhaka

Topics Foreign exchange management in Agrani Bank Limited. Statement of the problem Agrani Bank Limited, a leading commercial bank with 867 outlets strategically located in almost all the commercial areas throughout Bangladesh, overseas Exchange Houses and hundreds of overseas Correspondents, came into being as a Public Limited Company on May 17,2007 with a view to take over the business, assets, liabilities, rights and obligations of the Agrani Bank which emerged as a nationalized commercial bank in 1972 immediately after the emergence of Bangladesh as an independent state. Agrani Bank Limited started functioning as a going concern basis through a Vendors Agreement signed between the ministry of finance, Government of the People's Republic of Bangladesh on behalf of the former Agrani Bank and the Board of Directors of Agrani Bank Limited on November 15,2007 with retrospective effect from 01 July,2007 Agrani Bank Limited is governed by a Board of Directors consisting of 13(thirteen) members headed by a chairman. The Bank is headed by the Managing Director & Chief Executive Officer; Managing Director is assisted by Deputy Managing Directors and General Managers. The bank has 10 Circle offices, 30 Divisions in head office, 53 zonal offices and 867 branches including 27 corporate and 40 AD( authorized dealer) branches. Agrani Bank Limited is offering various foreign exchange facilities. Banks one of the main revenue source is foreign exchange business. As the credit business is more risky business compared to foreign exchange business this bank giving emphasize on this facilities. Performance traits

Fig:1.1 Export performances

Fig:1.2 Import performances

Fig: 1.3 Remittance performances

Rationale of the study

Globalization is the dominating factor in todays world. One country is dependent on other countrys product or services. Who produce goods and services and sell it to other country is known as exporter and who buy or receive that is known as importer. Usually exporter and importer are from two different countries. They are unknown to each other. So there is a big risk factor to do business. Bank plays the role between exporter and importer to eliminate this risk. The process bank materialize export import business is known as foreign exchange management. So it would be rational to study about this topics which has vast impact on international business management.

Objectives of the report

Primary objective- Primary objective is to learn the practical experience because I have gathered theoretical knowledge for two years during MBA course. Now I shall try to match real world experience with the theoretical knowledge. Secondary objective

To develop knowledge on foreign exchange business conducted by a commercial bank. To analyze the performance of Agrani Bank Ltd on Foreign Exchange Business. To develop knowledge about different guidelines of Foreign Exchange Business in Bangladesh. To understand the prospect of Foreign Exchange Business.

Scope of the Report

Agrani Bank Limited is one of the biggest banks in Bangladesh. The report will cover the organizational structure; background, functions and the performance of the bank. There will be broad discussion over the banks foreign exchange management.

Limitation of the Report/Study

Time is the first limitation as the duration of the program is three months only. Data unavailability is may be another constraint. Another limitation of this report is Banks policy of not disclosing some data. And information for obvious reason, which could be very useful.

Research type
The scope of this study does not require any serious research, such as, an empirical research. It will be an investigative work. An ongoing system will be explored, researched and analyzed. Research work in this study involves a closer study of foreign exchange management of Agrani Bank and result of it.

Methodology of the Study

The methodology of the report is given below-

Observing the operations and work with the officers at the same time. I shall take some interview of Banks officials for getting more information. A mix of convenience and judgmental sampling will be performed to select the samples for this research. For the analysis part, data will be collected from different statements and the annual report of the bank.

Sources of Information
Data will be collected from different statements and the annual reports of the bank. Besides, different books, training materials are also a good source of information.

Concluding remarks
I think the objective of Agrani Bank Limited is not only to earn profit but also to keep the social commitment and to ensure its co-operation to the person of all level of the country. So it will be a nice idea to study this banks foreign exchange management trend because export and import is a very big issue in our country.