1.0 Introduction
Uttara Bank Limited (UBL) is one of the largest and oldest private sector commercial banks in Bangladesh. The study finds that almost all the performance measures show good performance on the part of Uttara Bank Limited. UBL performs effectively Finance, Loans, Deposit and other services. At the time of my work at the branch I have understood the gap between the practical and theoretical knowledge. I have tried to cover all aspects of Uttara Bank Limited to prepare and effective and useful report. There are a lot of opportunities for further study to justify the reliability of the report. I have enjoyed every step in conducting the study. These practical knowledge and experience will help me in my practical life. This report
…show more content…
has been a nationalized bank in the name of Uttara Bank under the Bangladesh Bank (Nationalization) order 1972, formally known as Eastern Banking Corporation Limited.
• Uttara Bank ltd. started functioning from 28.01.1965
• Consequent upon the amendment of Bangladesh Bank (Nationalization) order 1972
• Uttara Bank ltd. converted into Uttara Bank ltd. as a public limited company in the year 1983 and obtained business commencement certificate on 21.08.1983.
• Uttara Bank ltd. floated its shares in the year 1984.
• Uttara Bank ltd. has 216 branches all over Bangladesh
• The bank is listed in the Dhaka Stock Exchange Ltd. and also in Chittagong Dhaka Stock Exchange Ltd.
• It publicly quoted company for trading of its shears.
The registered office of the Bank is located in 47, Bir Uttom Shahid Ashfaq-us-samad Road (90, Motijheel Commercial Area), P.O. Box No. 217 & 818 Dhaka-1000, Bangladesh.
Uttara Bank is one of the largest and oldest private-sector commercial bank in Bangladesh, with years of experience. Adaptation of modern technology both in terms of equipment and banking practice ensures efficient service to clients. 216 branches at home and 600 affiliates worldwide create efficient networking and reach capability. Uttara is a bank that serves both clients and
Prior to Fuller’s transfer, management at the Carson’s location was poorly run using the classical approach. While this approach can be successful, management has to find a good middle ground between caring for the company and caring about their employees. A traditional classical approach recognizes that there are five important factors to running a successful business (Miller, 19). According to text, these factors are planning, organizing, command, coordination and control (Miller, 19-20). These factors can be seen when you look at Third Bank as a whole. In the study, the CEO saw the issues in his company and put a plan together to improve. He had meetings with management, like fuller, to organize a solution. He then commanded all locations
On May 27, 2017, a Sparks Police Department officer was dispatched to the local branch of the El Dorado Savings Bank. When the officer arrived he met with a bank supervisor who stated the bank received a forged check in the amount of $904.57 on May 22, 2017 made out to Cristal Fowler, the defendant. The teller received the check from the defendant who also provided her Nevada Driver’s License; the defendant was given $904.57. Upon contacting the account holder, the bank was informed the check had been originally made out to Reno Tahoe Specialty, Inc. El Dorado Savings Bank provided the officer with security video of the transaction.
Wells Fargo, one of the biggest banks in the United States and used by almost 50 million people around the world was found guilty of fraud in 2016. Founded 165 years ago, with their headquarters in San Francisco, California; this bank has become one of the most important banks in the country providing different services such as banking, insurance, investments, mortgage, and financial services according to their website. Even though this company became one of the largest bank in market capitalization in the world; due to the fraud scandal last year all of that faded away. According to a study by the International Journal of Academic Research in Accounting, Finance and Management Sciences; fraud is defined as “the process of using one's occupation
CBA is accused of failing to report over 53,000 transactions for more than $10,000 as required by the law (Yeates, 2017a). The bank is also accused of failing to undertake a proper anti-money laundering risk assessment in 2012 when it was rolling its ATMs. The bank’s compliance system failed to detect or report all breaches of the regulations as it would be expected for a bank of a status of CBA (Ryan, 2017a). These are issues of concern and the bank must have a strategic response to them given that they are receiving negative coverage in the media, thus damaging the bank’s reputation among stakeholders (Liu & Fraustino, 2014). A reputational damage is likely to have far-reaching adversarial consequences including loss of customers, investors, the financial cost in terms of fines, and loss of shareholder value as evidenced by the declining share value (Holtzhausen & Roberts, 2009). This media report provides a discussion how the public relations issue that CBA is facing creates publics and the mutual significance of organisation, publics and issue in relations to the scenario at the
The Royal Bank of Canada (RBC) is a blue-chip financial services company, and the largest of its kind in Canada. The bank is considered a blue-chip company due to its relative low-risk as an investment. With over 16 million public and private clients in over 35 countries, the bank has a secure international financial holding. They serve a wide fiscal demographic; with wealth management services for investments and high net worth clients in North America, and general personal/commercial banking services available for the general market ("Royal Bank of Canada"). As well as being an internationally recognized brand, RBC has weathered extreme economic strain, for example, during the crash of the American housing bubble in 2008 RBC boasted a 9 month high in their stocks ("Corporate Profile"). This evidence indicates a history of financial security and future stability.
receive bank financing for this new entity of HKD 2.3bn as a Delay Draw Term Loan (“DDTL”) plus HKD
The Swiss Bank Corporation was founded in 1854 as the Basel Bank Corporation and became a joint-stock company in 1872 that specialized in investment banking. In 1895 its name was changed to Basler und Zurcher Bankverein when it merged with the Zurcher Bankverein (Zurich Bank Corporation). At that time it also began commercial banking, which eventually became its principal activity. After absorbing two other Swiss banks in 1897(Basler Depositen-Bank and Schweizerische
I was given the task to make an assignment on the subject of Business Information Management. In this assignment, I have to read and analyse a case study entitled RBS failure caused by inexperienced computer operative in India. After that, I need to make a summary of this case study because it shows what I understand in this case study. Besides that, the objective of this case study is to know the factors that have caused the system failure at Royal Bank of Scotland. The reason I want to know this factor because Royal Bank of Scotland (RBS) has faced computer meltdown with the loss of its share price as well as millions of customers unable to access their account.
Pramuka Savings and Development Bank (PSDB) was incorporated in 1997 as the first private savings bank in Sri Lanka. Mr. Rohan Perera was the founder of Pramuka Bank who was the founder and chief executive officer of seylan bank previously. After resigning from Seylan Bank Mr. Perera applied license to incorporate a commercial bank from Central Bank Sri Lanka. But Central Bank only gave license to operate a Savings and Development Bank. But that was also a debatable topic. At that time National Savings and Investment Bank was the only bank which was incorporated by a Parliament Act. Since there was no any regulatory frame work which lead private sector savings banks to carry out its activities.
In this case study it was stated that there were a problem happen in the outsourcing for the Royal Bank of Scotland. What happen was there were an error that happen during the routine software upgrade that cause million of that bank customer cant access to their account. The error happen when one junior technician in India was accidently wiped all the information during the routine software upgrade. The member of staff that was working under the program for the Royal Bank of Scotland, NatWest and Ulster Bank and it was based in Hyderabad, India.
...e of the challenges that the Grameen Bank has faced in the last years is that the government believed that citizens from Bangladesh are just growing a big dept that will only damage their lives in the future. However, as stated before, 98% of the loans have been repaid.
The choice of the banks is guided by the fact that they are listed companies in NSE F&O segment. The statistical package used is MS EXCEL windows 7 version. In order to analyse the co-movements between the dependent and independent variable simple regression method is used.
The study is primarily designed to find out the continuous issue of the banking system in
The instrument and the resolution or the argue by the other banks or other branches of MCB on our branch include cheque draft etc, are drawn by the other bank customers or other branches of MCB bank in clearing few things which are mention
A variety of groups are concerned in bank profitability for various reasons. The bank shareholders would want to know if the value of their investments is high or low. The investors also use current and past performance to predict future price of the banks’ shares traded on the stock exchanged. The management of the bank as trustee of the shareholders is evaluated and compensated on the basis of how well their decisions and planning have contributed to growth in assets and profits of their banks. Employees of bank also are concerned with profits, since their salaries and promotions are frequently tied to the profitability performance of their banks. Depositors use bank performance and profitability as indicators of security for their deposits in the banks. Finally, business community and general public are concerned about their banks’ performance to the extent that their economic prosperity is linked to the success or failure of their banks.