Report On: “ General Banking Activities with

Bank’s Deposit and Loan Products.”

Kawsar Hossain

ID: 103-11-202

Department

Of

Business Administration

Faculty of Business & Economics

Daffodil International University

Date of Submission: 3rd April, 2012

Report On: “ General Banking Activities with

Bank’s Deposit and Loan Products.”

Md. Tanvir Hamim

Lecturer, Finance

Department

Of

Business Administration

Faculty of Business & Economics

Daffodil International University

Date of Submission: 3rd April, 2012

Letter of Transmittal

3rd April, 2012

Md. Tanvir Hamim

Lecturer, Finance

Daffodil International University

Subject: Submission of Report On: “ General Banking Activities with UCBL’s

Deposit and Loan Products.”

Sir,

Here is the report on “UCBL (United Commercial Bank Limited)” from the course

“Principles of Banking”, course code: FIN-201 that you asked us to submit on 3 rd April,

2012

My study is on “UCBL (United Commercial Bank Limited)”, and the related data that

connected with that topic.

I am very thankful to you for giving us such an important and interesting topic like this.

In spite of having problems in some points the report is completed nicely.

Sincerely yours

Kawsar Hossain

ID: 103-11-202

Acknowledgement

The study report is a product of the effort of me and also involves much people.s considerate

attention to it. Without their kind support the preparation of this report would be an

impossible one. So I must pay gratitude to them.

Firstly, I would like to give special thanks to Md. Tanvir Hamim, Lecturer, of the

department of Business Administration of Daffodil International University for giving

me a lot of helps, time and idea. He has assists me with necessary ideas and concepts for

making this report.

I also want to give thanks the computer printing shop, because they help me very much

to print and make this file.

Finally, I would like to say that I will remain responsible for the errors; I expect a

sympathetic consideration from you.

Executive Summary

Sponsored by some dynamic and reputed entrepreneurs and eminent industrialists of the

country and also participated by the Government, UCBL started its operation in mid 1983

and has since been able to establish one of the largest networks of 116 branches among the

first generation banks in the private sector.

With its firm commitment to the economic development of the country, the Bank has already

made a distinct mark in the realm of Private Sector Banking through personalized service,

innovative practices, dynamic approach and efficient Management. The Bank, aiming to play

a leading role in the economic activities of the country, is firmly engaged in the development

of trade, commerce and industry thorough a creative credit policy.

United Commercial Bank Limited now has 116 branches all over the country. And it has

approximately 40 ATM booths in different places in the country. UCBL bank is now

rapidly growing company in Banking Sector. Its financial contribution in stock market is

playing a vital role in economic growth of the country.

Company overview:

United commercial Bank is one of the oldest and leading commercial Bank in

Bangladesh. This Bank has actively contributed to the economic and social developments

of Bangladesh through its highly skilled management team and dedicated employee base.

This Bank is a public limited company. UCBL was incorporated in June 26, 1983 and

start its commencement in June 27, 1983. In 2012 the Bank celebrated its 29 years of

success. In November 30, 1986 the bank was listed in Dhaka Stock Exchange and in

November 15, 1995 it was enlisted in Chittagong stock exchange. United Commercial

Bank Limited now has 116 branches all over the country. And it has approximately 40

ATM booths in different places of the country. UCBL bank is now rapidly growing

company in Banking Sector. Its financial contribution in stock market is playing a vital

role in economic growth of the country. United Commercial Bank is operated with a

strong and efficient management group. Mr. Akhtaruzzaman Chowdhury, MP is the

Chairman of UCBL and MR. M Shajahan Bhuyan is the Managing Director of the Bank.

Corporate Information:

Points Information

Name of the company United Commercial Bank Limited

Legal Status Public limited Company

Date of incorporation June 26, 1983

Date of Commencement June 27, 1983

Company Chairman Mr. Akhtaruzzaman Chowdhury, MP

Company Secretary Mr. Mirza Mahmud Rafiqur Rahman

Registered OfficeCWS (A)-1, Gulshan AvenueDhaka-1212, Bangladesh

Managing director Mr. M. Shahjahan Bhuiyan

Telephone PABX 02 885 2500

E-mail info@ucbl.com

Website www.ucbl.com

Listing with Dhaka Stock Exchange November 30, 1986

Listing with Chittagong Stock Exchange November 15, 1995

S.W.I.F.T UCBLBDDH

Product and Service of UCBL

United Commercial Bank Limited offers different types of products and services to its

customer for their satisfaction. These products and services create more competitive

advantages for the bank as well as the customer.

The products of UCBL are-

1) UCB Multi Millionaire

2) UCB Money Maximizer

3) UCB Earning Plus

4) UCB DPS Plus

5) VISA Credit Card

6) VISA Debit Card

7) Time Deposit Scheme

8) Monthly Savings Scheme

9) Deposit Insurance Scheme

10) Travelers Cheques

11) Foreign Currency Deposit A/C

12) Consumer Credit Scheme

The services of UCBL are-

1) One Stop Service

2) Inward & Outward Remittances

3) Import Finance

4) Export Finance

5) Working Capital Finance

6) Loan Syndication

7) Underwriting and Bridge Financing

8) Trade Finance

9) Industrial Finance

10) Western Union Money Transfer

11) SMS Banking Service

12) Online Service

13) Locker Service

The General Banking of UCBL:

In general service there are some departments involves giving the service to the

customers, like-

1. Customer Services

Balance inquiry

Statement

Information about the products and services

A/C forms distribution

A/c opening and closing

ATM card requisition/ issue

Cheque Book requisition/ Issue

2. Remittance

Issue the payment order

Demand Draft issue and collection

T.T issue and collection

OBC or Outward Bill collection

IBC or Internal Bill collection

Endorsement

3. Cash Department

Cash payment

Cash receive

Prize bond sell

Gas and Electricity bill collection

Clearing

Transfer

Conclusion

It is very fascinating experience to work live in United Commercial Bank Limited, Nabinagar

Branch. I learned many things about the general banking procedure from here. It would be

better for me if I can implement those working experience in future life. Banking sector is a

big sector in Bangladesh. The contribution of economical progress in Bangladesh Bank sector

is in the top position. I am very much happy to be a part of this sector for few months.

References:

1) Company website: http:// www.ucbl.com

2) Company journal

3) Annual report of the Bank-2011