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April 10, 2010

M. Zillur Rahman Internship Supervisor Lecturer Department of Language and Communication Faculty of Business Administration and Management Patuakhali Science and Technology University Dumki, Patuakhali-8602

Subject: Submission of Internship Report

Dear Sir,

It is my pleasure to submit the report on Overall Banking System of Social Islami Bank Limited (SIBL, IDB Bhaban Branch as a part of my BBA program.

I have devoted my best effort to make the report an informative one. I will remain ever grateful to you for rendering me the opportunity of working on such an interesting field. If you need any clarification regarding this report, I will be available for this.

Sincerely Yours

Abu Zafour Reg. No. 00680 Session: 2004-2005 BBA Second Batch Faculty of Business Administration and Management Patuakhali Science and Technology University



In completing my internship program in Social Islami Bank Limited. (IDB Bhaban Branch), I got help from different people who assisted me with various information, data and advice. My deepest gratitude to Mr. Monzurul Hoq Shoaib Vice President & Manager, SIBL who give me nice opportunity to work in the Social Investment Bank Limited, as intern to enhance my practical knowledge. I thanked to M. Zillur Rahman, Lecturer, Department of Language and Communication, Patuakhali Science and Technology University, for giving me assistance and sincere cooperation with effective guidelines in making report worthwhile. I am also indebted to Meftah Uddin Ahmad FAVP & Second Manager. I would like to think all officials of SIBL, IDB Bhaban Branch, for their co-operation and support.


This report gives a clear idea the activities, the operation strategies, and the performance of SIBL. SIBL incorporated in 5 th July 1995 and being into its commercial operation on 22 nd November with a view to provide exclusive service facilities to its client and accordingly meet the demand of banking service all over Bangladesh. During the short span of its operation the bank had been widely acclaimed by the business community from small business persons to industrial conglomerates for forward looking business outlook and innovative financial solution.

In this competitive age, foreign trade becomes very much crucial for any country in the world. Specially, in the country like Bangladesh import is becoming very much crucial with the increasing rate of population. Every year a lot of food grains, machinery spare parts, dyes and chemicals, industrial raw materials, cotton textiles, pharmaceutical, cements, steel, fuel etc. are imported from various countries of the world. At the same time, the exportable goods of Bangladesh are jute, jute goods, jute yarns, carpets, tea, leather and leather goods, pottery, handicrafts, shrimps, ready-made garments, fishes, frog legs, spices etc. so the foreign trade is playing an important role for the economic development of our country. Commercial Banks are playing a vital role in financing imports and exports of our country. It is not possible to run any business or production activity in this age. Export and importers need finance in various stages of their activities. Exporters need finances in two states pre shipment finance and pot shipment finance. Pre- shipment finances are export cash credit, packing credit, Back to Back letter of credit etc. post shipment finances are negotiation of documents under L/C, loan against bill in collection (foreign bills) etc. Again import financing are Payment against Documents (PAD), Loan against Import Merchandise (LIM) etc. all these facilities are provided by commercial banks in Bangladesh.


For this purpose, banks consider the borrowers business standing, integrity, liability with the Bank, terms and conditions of the L/Cs, securities offered etc. There are lots of risks involved in foreign trade. Therefore, the Financing Banks have to clearly justify the customers from a neutral point and gather the current information about the market. In the case of import-export, SIBL has a gradual-increasing trend from 2007. However, in order to capture higher market share than the competitors, the policy of SIBL in these regards should be reviewed and it should be made more flexible and competitive than the present. The whole report may be divided into two parts. The first segment is based on the SIBL and the service it provides. And the second segment is based on the performance evaluation and analysis of fund management.

The first part mainly focuses on the different areas the SIBL banking operations. The various mission of SIBL, organization structure, functional areas, SIBL online banking status etc are stated in this part.In this second part, the key ratios of financial operation have been shows and on the basis of financial analysis and brief SWOT analysis has been pictured in this part. In addition to this an analysis of SIBL fund management has been added in this part. Fund management basically shows the sources of funds and application of fund of SIBL in the year under study (2007-2008). CAMEL rating is and extension of this fund management analysis parts. Finally an observation summary has been concluded.