Mutual Trust Bank Internship Report - 3407 Words

(Overview of the Organization) 2.1 Background of the Organization Mutual Trust Bank Limited (MTBL) was incorporated on September 29, 1999 under the companies Act 1994 as a public company limited. They introduced themselves as a pioneer in banking sector. At the time of beginning their authorized capital was Tk 38, 00,000,000 divided into 38,000,000 ordinary shares of Tk each. The head office of the bank is in MTB center, 26 Gulshan Avenue. The bank has 67 branches allover the country, the bank carries out international business through a Global Network of Foreign Correspondent Banks. The Company was also issued Certificate for Commencement of Business on the same day and was granted license on October 05, 1999 by Bangladesh Bank under†¦show more content†¦To ensure an adequate rate of return on investment. To keep risk position at an acceptable range (including any off balance sheet risks) To maintain adequate liquidity to meet maturity obligations and commitments. To maintain a healthy growth of business with desired image. To maintain adequate control systems and transparency in procedures. To develop and retain a quality work force through an effective Human Resources Management System. To ensue optimum utilization of all available resources. 2.9 Strategies ïÆ'Ëœ To manage and operate the bank in the most efficient manner to enhance financial performance and to control cost of fund. ïÆ'Ëœ To strive for customer satisfaction through quality control and delivery of timely services. ïÆ'Ëœ To identify customers credits and other banking needs and monitor their perception towards our performance in meeting those requirements. ïÆ'Ëœ To revive and update policies, procedures and practices to enhance the ability to extend better services to customers. ïÆ'Ëœ To train and develop all employees and provide them adequate resources so that customers need can be responsibly addressed. ïÆ'Ëœ To promote organizational effectiveness by openly communicating company plans, policies, practices and procedures to all employees in a timely fashion. ïÆ'Ëœ To cultivate a working environment that fosters positive motivation for improved performance. ïÆ'Ëœ To diversify portfolio both in the retail and wholesale market. 2.10 Management Structure ofShow MoreRelatedInclusive Study to Know the Prospective of Askari Bank Essay1537 Words   |  7 PagesINTERNSHIP LETTER â€Æ' EXECUTIVE SUMMARY The inclusive study of Askari bank helps to suggest the organizational wide plans that verify the long run success of the organization, finding new ways to add value, flexibility, and developing unique skills and ideas to manage people. 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