WELCOME TO MY

PRESENTATION
 Presentation On

Activities of EXIM Bank Limited

Focusing on Foreign Exchange –A
Study on Mirpur Branch, Dhaka
Supervised By
Mostofa Mahmud Hasan
Chairman and Associate Professor
Faculty of Business Administration
EXIM Bank Agricultural University Bangladesh

Prepared By
Md. Muhaiminur Rahman
Reg. Id: BBAW2014000010
Faculty of Business Administration
EXIM Bank Agricultural University Bangladesh
 Origin of the Report

As a pre-requisite for the Bachelor of Business Administration (BBA program) of EXIM Bank
Agricultural University, I was required to complete an internship for a period of three months in a
suitable business organization and submit a report on my findings. I selected to work as an internee
in Export Import Bank of Bangladesh Limited (EXIM Bank Ltd.), Mirpur Branch, for a period of
three months. During this period I learned how the host organization works with the help of the
internal supervisor. As a result I have decided to make a report on “Activities of EXIM Bank
Limited Focusing on Foreign Exchange – A Study on Mirpur Branch, Dhaka”
 Scopes of the study

During these three months of internship program in EXIM Bank Ltd, Mirpur Branch, almost all the desks have
been observed. There I had to work in Foreign Exchange department’s export desks as a routine attendee. It
was difficult to collect all the information relevant to the report, because the people of this Bank were so busy
with their duty that they cannot be able to give much time. Here I tried to cover the activities and rules and
regulation related to foreign exchanges operations.

Due to successful completion of essential part of the report, has the opportunity to discuss regarding following
issues: to obtain practical experience about foreign exchange activities by involving in such type of program,
to find the bridge between academic study and real practices in organization, to build professional carrier in the
banking sector as well as any financial institution, to maintain the organizational behavior and good manners
inside the organization.
 Objectives of the Study

General Objectives:
 The primary objective of preparing this report is to represent the EXIM Bank Bangladesh Limited and to get
practical exposure to organizational environment. Also, to gain a clear conception about all the essential parts
of the internship program, this report is essential.

Specific Objectives:
 To provide an overview of EXIM Bank Limited.
 To know the procedure of export financing, import financing & remittance flow of EXIM Bank Ltd.
 To analyze the annual performances of export and import business of EXIM Bank Limited.
 To evaluate the foreign inward and outward remittance of EXIM Bank Limited.
 To analyze the share of EXIM Bank Limited in national export, import and remittance.
 Methodology of the Study
This is a “Descriptive Research” which briefly reveals the overall activity of EXIM Bank Limited and mainly
analyzes the performance of Foreign Exchange Operations of the bank. To prepare this report all the necessary
information are collected from following primary and secondary sources:

Sources of Data Collection:

Primary Sources:
• Face to face conversation with the respective officers of the bank.
• Practical experience gained by visiting different desks during internship period.

Secondary Sources:
• Annual report of EXIM Bank Limited.
• Various report related to the study.
• Information from the EXIM Bank’s website.
• Information from other web based sources.
 Methodology of the Study

Data Period:
This study has been conducted by collecting data for the period of 6 years from 2012 to 2017 but the data has been
for Foreign Exchange Performance for the period of 5 years from 2013 to 2017 to compare with national context.

Data Analysis and Reporting:

Trend analysis and Ratio analysis has been made to analyze the foreign exchange performance of EXIM Bank Ltd.
Trends of import financing, export financing and remittance have been analyzed and Ratio analysis for the year
2017 has been made. Table has been used to represent the data. Graphical presentations and Pie chart were used to
measure the performance of Foreign Exchange Operations of EXIM Bank Limited.
 Limitations of the Study
The presented study was not out of limitations. But as an internee it was a great opportunity for me to know the
banking activities in Bangladesh especially of EXIM Bank. Some constraints are appended bellow:

 The 3 months time frame is insufficient to know all activities of the branch and prepare the report.
 It was very difficult to collect the information from various personnel for their job constraints.
 As some of the fields of banking are still not covered by our courses, there was difficulty in understanding
some activities.
 Another limitation of this report is Bank’s policy of not disclosing some data and information for confidential
reason, which could be very much useful.
 Because of the limitation of information, some assumptions were made. So there may be some personal
mistake in the report.
 Omissions and error may be there due to lack of my prior experience in preparing a professional report like
this one; nevertheless, I have tried utmost to avoid mistakes.
 EXIM Bank Limited at a Glance
Name of the Institution : Export Import Bank of Bangladesh Total Deposits (2017) : Tk. 483,643.96 Million
Limited
Date of Incorporation : June 02, 1999. Total Investments : Tk. 255,033.17 Million
(2017)
Commencement of : August 03, 1999 Investments (shares : Tk. 21,605.36 Million
operation and bonds) (2017)
Authorized Capital ﴾ : Tk. 20,000.00 million Foreign Exchange : Tk. 339,701.20 Million
2017﴿ Business (2017)
Paid-up-Capital ﴾ : Tk. 14,122.51 million Chairman : Mr. Md. Nazrul Islam Mazumder.
2017﴿
Converted to Islamic : July 01,2004 Managing Director : Dr. Mohammed Haider Ali Miah
bank
Listing with Dhaka : September 2004. Phone : 880-2-9889370, 9889468, 9889375, 9887025
Stock Exchange

Head Office : "SYMPHONY" Fax : 880-2-9889358

Plot No. SE (F): 9, Road No. 142
Gulshan Avenue, Dhaka- 1212.
Number of Branches : 118 Stock Code : EXIMBANK
(2017)
Number of Employees : 2794 E-mail : info@eximbankbd.com
(2017)
SWIFT Code (BIC) : EXBKBDDH Website :www.eximbankbd.com
Organ gram of EXIM Bank Ltd. (Mirpur Branch):
Vice President

ASST. VICE
PRESIDENT
FIRST ASST. VICE
PRESIDENT
SENIOR PRINCIPAL
OFFICER
PRINCIPAL OFFICER

EXECUTIVE OFFICER

SENIOR OFFICER

OFFICER

TRAINEE OFFICER

JUNIOR OFFICER

ASSISTANT OFFICER

TRAINEE ASSISTANT
OFFICER
 Five years Performance of EXIM Bank at a glance
Sl. Particulars 2013 2014 2015 2016 2017
1 Authorized Capital 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
2 Paid-up Capital 11,566.35 12,838.65 14,122.51 14,122.51 14,122.51
3 Shareholder’s Equity 20,499.14 22,977.06 25,122.42 26,467.75 27,650.37
4 Total capital 21,064.26 23,385.94 28,195.39 29,661.70 34,854.08
5 Statutory Reserve 5,236.93 6,118.31 6,869.91 7,846.41 8,885.46
6 Total Assets 195,542.25 232,833.95 265,148.42 291,133.91 333,892.61

7 Total Liabilities 175,043.10 209,856.89 240,025.99 264,666.16 306,242.24

8 Total Deposits 165,391.58 200,009.00 224,770.89 248,223.61 283,643.96

9 Total Investment (General) 145,002.00 179,165.57 197,536.57 223,396.92 255,033.17
10 Investment (Shares & 11,443.56 15,571.55 17,581.62 16,473.51 21,605.36
Securities Excluding Subs)
11 Foreign Exchange Business 268,652.68 284,984.68 302,266.40 305,465.70 339,701.20

a) Import Business 135,409.88 146,795.57 152,703.30 153,930.50 179,040.30

b) Export Business 130,353.32 134,412.44 145,796.40 147,508.70 155,582.20
c) Remittance 2,889.48 3,776.67 3,766.70 4,026.50 5,078.70
12 Total Fixed Assets 3,190.36 3,311.71 5,635.01 5,671.54 5,575.57
13 Total Income 23,707.60 25,801.24 27,162.03 25,957.45 26,850.02
14 Earnings Per Share (EPS) 1.63 1.92 1.48 2.15 2.34
15 Price earnings ratio (times) 7.80 5.74 5.54 5.63 7.61
16 No. of Foreign Correspondent 386 398 383 390 393
17 Number of Employees 2236 2465 2700 2747 2794
18 Number of Branches 80 87 103 113 118
Functions of Foreign Exchange Department

Foreign Exchange

Import Export Remittance

Letter of Credit Transaction Flow Chart
 Performance of Total Import Business Financing
Serial Year Number of Import Import Performance Interpretation:
Growth rate
No. Letter of Credits (in Million BDT)
1 2012 35,843 1,43,310.00 --
As our economy is expanding, import
2 2013 37,374 1,35,409.88 -5.51 %
performance of EXIM Bank Limited shows that,
3 2014 37,842 1,46,795.57 8.41 %
4 2015 43,789 1,52,703.30 4.02 % the growth rate of total export financing was
5 2016 43,418 1,53,930.50 0.80 %
fluctuated from the year 2013 to 2017. In the year
6 2017 44,442 1,79,040.30 16.31 %
2013, the growth rate was in negative position but
in 2014 the growth rate of total import financing
20
16.31 % was increased. Again the growth rate was
15
decreased gradually from the year 2015 to 2016.
10 8.41 %

5
4.02 % The poor economic condition, political instability,
0.80 %
0 exchange rate fluctuation etc. can be the reason of
-5.51 %
2013 % 2014 2015 2016 2017
-5
this fluctuation trend. Import business increased
-10
by 16.31% in 2017 compared to 2016.
 Performance of Total Export Business Financing
Serial No. Year Number of Export Export Performance Growth rate
Letter of Credits ( in Million BDT) Interpretation:
1 2012 34,356 1,21,000.00 --
The graph shows that in the year 2014 the
2 2013 39,150 1,30,353.32 7.73 %
3 2014 39,169 1,34,412.44 3.11 % growth rate decreased and again increased in
4 2015 42133 1,45,796.40 8.47 %
2015. But for the economic recession, political
5 2016 43,372 1,47,508.70 1.17 %
6 2017 47,169 1,55,582.20 5.47 % instability, falling down the commodity price in

9
international markets etc. the growth rate again
7.73 % 8.47 %
8 fall in 2016. Export business achieved 5.47%
7

6
growth in 2017 compare to 2016.
5.47 %
5

4
3.11 %
3

2
1.17 %
1

0
2013 2014 2015 2016 2017
 Performance of Total Foreign Remittance
Serial No. Year Number of Remittance Performance Growth Rate
Remittances (in Million BDT) Interpretation:
1 2012 56,848 5,770.00 --
2 2013 51,254 2,889.48 -49.92 %
The graph shows that, growth rate of foreign
3 2014 74,433 3,776.67 30.70 % remittance was highly increased in 2014
4 2015 77,593 3,766.70 -0.26 %
5 2016 81,246 4,026.50 6.90 % compared to 2013. Then again it decreased in
6 2017 94,570 5,078.70 26.13 %
2015 and gradually increases from 2016 to 2017.
Foreign remittance achieved 26.13% growth in

40
2017 compare to 2016.
30.70 %
30 26.13 %
20
10
6.90 %
-0.26 %
0
2013 2014 2015 2016 2017
-10
-20
-30
-40
-49.92 %
-50
-60
 Growth Rate of Total Foreign Exchange

Serial Number Year Total Foreign Exchange Amount Growth Rate (%)
(in Million BDT)
Interpretation:
1 2012 2,70,082.00 -- The graph shows that, the foreign exchange
2 2013 2,68,652.68 -0.53
3 2014 2,84,984.68 6.08 growth was lowest in 2013. Growth rate was
4 2015 3,02,266.40 6.06
stable from 2014 to 2015. It again decreases in
5 2016 3,05,465.70 1.06
6 2017 3,39,701.20 11.21 2016 but the growth rate is 11.21% in 2017
compare to 2016 which is the highest growth rate
12 11.21 %
in last 5 years.
10

8
6.08 % 6.06 %
6

2
1.06 %
-0.53
0 %
2013 2014 2015 2016 2017
-2
 National Import position and share of EXIM Bank Limited

Serial No. Year National Import EXIM Bank Share of

Position Limited Import EXIM Bank Interpretation:
Position Ltd (%)
1 2013 32,44,291.00 1,35,409.88 4.17% The graph shows that the contribution of EXIM
2 2014 28,22,310.00 1,46,795.57 5.20 %
3 2015 36,70,702.00 1,52,703.30 4.16 %
Bank Limited’s import according to national
4 2016 38,69,349.00 1,53,930.50 3.98 %
5 2017 47,12,495.00 1,79,040.30 3.80 %
import was increased from 3013 to 2014. Then
it’s going down gradually for international
economic recession and intense competition

Share of EXIM Bank Ltd. (%) Import exists in the banking industry related to import
6 5.2%
5
4.17% 4.16% 3.98% business financing. So from 2015 to 2017 the
4 3.8%
3 contribution of EXIM Bank Limited to national
2
import was decreased.
1
0
2013 2014 2015 2016 2017
 National Export position and share of EXIM Bank Limited
Serial No. Year National Export EXIM Bank Limited Share of
Position Export Position EXIM Bank
Ltd (%) Interpretation:
1 2013 22,69,607.00 1,30,353.32 5.74 %
2 2014 21,226,02.00 1,34,412.44 6.33 %
The graph shows that the contribution of EXIM
3 2015 24,088,50.00 1,45,796.40 6.05 %
4 2016 26,346,68.00 1,47,508.70 5.60 %
Bank Limited’s export according to national
5 2017 30,038,37.00 1,55,582.20 5.18 %
export was gradually decreasing from the year
2014 to 2017. It was highest in 2014 which is
6.33%.
Share of EXIM Bank Ltd. (%) Export
8
7 6.33% 6.05%
5.74% 5.6%
6 5.18%
5
4
3
2
1
0
2013 2014 2015 2016 2017
 National Remittance position and Share of EXIM Bank Limited

Serial No. Year National Foreign EXIM Bank Limited Share of EXIM
Remittance Foreign Remittance Bank Ltd (%)
1 2013 11,56,462.00 2889.48 0.25 %
Interpretation:
2 2014 11,05,824.00 3776.67 0.34 % The graph shows that the contribution of EXIM
3 2015 11,89,823.00 3766.70 0.32 %
4 2016 11,68,567.00 4026.50 0.34 % Bank Limited in foreign remittance according to
5 2017 10,10,989.00 5078.70 0.50 %
national remittance was increased from the year
2013 to 2014 and was at the same growth in the
year 2016. In the year 2017 the foreign remittance
Share of EXIM Bank Ltd. (%) Remittance
0.6
0.5% contribution of EXIM Bank Limited was the
0.5

0.4 0.34% 0.32% highest.

0.25% 0.34%
0.3

0.2

0.1

0
2013 2014 2015 2016 2017
 Ratio Analysis ﴾for the Year 2017)

Ratio Analysis for the year 2017

1.5%

45.79% Import
52.71% Export
Remittance

Interpretation:
Ratio analysis shows that the Remittance ratio is very poor in 2017, only 1.50% of the total export, import
and remittance.
 SWOT Analysis of EXIM Bank
Internal Factors 
Strengths:
 EXIM Bank has experienced and self-motivated personnel in foreign exchange division who provides
good quality services to its customers.
 As per bank policy EXIM Bank gives much more facilities to its valuable customers.
 EXIM Bank Limited has already achieved a high growth rate. The number of deposits and the loans
and advances are also increasing rapidly.
 EXIM Bank has an interactive corporate culture. The working environment is very friendly.
 EXIM Bank’s foreign exchange department has own license for foreign trading. For this reason,
customers get their official formalities so easily. They would not wait for any longer.
 EXIM Bank opens L/C in a lower rate than other bank which has strengthened their foreign exchange
activity.
 SWOT Analysis

Internal Factors 
Weakness:
 EXIM Bank has limited numbers of ATM booth.
 Highly exposed to Garments Business.
 They do not have research & development section.
 In terms of promotional sector, EXIM Bank does not follow aggressive marketing campaign and has limited
advertising.
 EXIM Bank has lack of available branches in remote areas of business and services.
 Opinion introducer is one of the complications to open an account. If a person who is entirely new to the city
wants to initiate an account, it is a delinquent for him/her to assemble an introducer of accounts holder.
 SWOT Analysis

External Factors
  Opportunity:
EXIM Bank has more opportunity to expand foreign exchange activity by spreading more branches in

business areas.
EXIM Bank has a chance to increase investment in remittance business.
The Bank has opportunity in Online banking facilities which can make the operation of the bank more

efficient.
Small & Medium Enterprise (SME) and retail banking can provide good opportunity for growth.

EXIM Bank has opportunity to diversify services for customers and lunch new service in market.
 SWOT Analysis

External Factors
Threats: 
 As EXIM Bank is operating in an extremely competitive sector, it loses customers to other banks.
 The little compensation package of the employees from the mid-level to the low-level position is a threat to
employee motivation. As a result, quality employees leave which affect the organization as a whole.
 The macroeconomic situation of the country can deteriorate which can be a threat for the bank.
 Increased competition in the market for public deposit and market pressure for lowering the interest rate is a
threat for EXIM Bank Limited.
 Government pressures to reduce investment and remittance rate so the income may be decreased.
 Findings

The overall problems those are identified for the EXIM Bank Limited are given below:
 The import growth rate was fluctuated during the period. The growth rate was in negative position in 2013
due to poor economic condition, political instability, exchange rate fluctuation etc.
 The growth rate of export business financing was more fluctuating because of changes in governmental rules
and regulations, international trade policy etc.
 The growth of remittance sharply decreased in 2013 due to significant deceleration of migrant workers
during that period. Also the remittance ratio of the year 2017 is very poor, only 1.5% of the total export,
import and remittance.
 Contribution of EXIM Bank to the national import as well as national export is not satisfactory and growth
rate is downgrading.
 Findings

 The terms and conditions of foreign exchange division are sometimes difficult to understand for the ordinary
clients.
 EXIM Bank is following conservative procedure for opening a LC. Only old and creditable clients are preferred
to opening LC. New and unknown clients are not welcomed for this service. Client must have a huge amount in
his account. Then client can expect to get approval for his import LC.
 Advertising and promotion is one of the weak points of EXIM Bank Limited,. EXIM Bank Limited does not
have any effective promotional activities and advertisement, but other banks have better promotional strategy.
 It has lack of available branches in remote areas of business and services. As a result, bank loses many
opportunities to raise import and export trade.
 EXIM bank doesn’t arrange any desk and fixed specific task for their intern. If they involve them to some
specific activities it would be easy for them to learn more and fell confident to perform any activities properly.
 Findings

 Most of the time over duties and huge working pressure makes the employee’s life monotonous and hamper their
family life.
 Sometimes clients have to wait to get their service because the manpower is not sufficient in foreign exchange
section compared to customers demand.
 Space shortage is another major problem in General Banking Department.
 Recommendation
On the basis of the observation, following suggestions have been given:
 EXIM Bank Limited may develop new attractive financing packages for importers which can help to maintain
steady and positive growth rate such as lowering the L/C margin to the importer and L/C procedure may be
made easier.
 The growth rates of export business were fluctuating. They may take necessary steps to steady growth rate so
that not only depended on readymade garment products but also Export of non-traditional items should be
encouraged. Management Information System (MIS) may be developed for export business financing.
 The Bank should provide special offers like lower tax rate to encourage Remittance flow.
 Import and export contribution of EXIM Bank to national import and export is decreasing gradually. So they
may increase efficiency level such as unique needs of the client’s in the changing pattern of world trade for
import and export business financing and also need to do market survey, research and development of new
products like factoring, confirming etc.
 Recommendation

 They can open information desk where ordinary clients can learn and get help regarding the terms and
conditions of foreign exchange division and corresponding procedures.
 L/C procedure should be updated and various special packages should be offered to the new and unknown
clients.
 EXIM Bank has to enlarge promotions to inform clients about foreign trade. Continuous promotions are needed
to catch the attention of customers. TV advertising is best for fill the gap in short time.
 EXIM Bank may increase branches in remote areas and start foreign exchange operation in those branches in a
small limit. It will be more close to exporter and importer in relationship. Traders will get bank services
available.
 Recommendation

 EXIM Bank Limited may arrange specific desk for intern and give him/her various specific tasks in weekly
basis.
 Regular Performance Appraisal and assuring promotion/reward will motivate the employee to their work.
 Manpower may be increased in foreign exchange section. It will help to provide prompt services according to
customers demand.
 They should enlarge their space is General banking Department to avoid overcrowding.
 Conclusion

The EXIM bank can bring glorious prospect for our nation on international trading and other banking activities.
And ultimately will get benefited from their success is financing international trade. The EXIM Bank maintaining
a superior business relationship with the other international associate involved in Foreign Exchange Successfully.

Banks always contribute towards the economic development of a country. EXIM Bank Bangladesh Limited
compared with other banks is contributing more by most of their funds in fruitful Foreign Exchange and very
essential projects. It is obvious that the right thinking of this bank establishing a successful network over the
country and increase resources, will be able to pay an important role in the development of our industrial sector
and make available Foreign Exchange to get competitive advantage in the global economy.
Thank You
Everyone