Internship Report on Foreign Exchange Activities of Sonali Bank

Abstract

The study's goal is to gain a better understanding of Sonali Bank Limited's foreign exchange activities and procedures. The bank has won the hearts of its customers as well as seized the market and become the country's leading bank by delivering convenient financial services and customer-oriented initiatives. I have included a backdrop in the first section of my report that covers the main topic of the study.

Following that, I will give a brief summary of Sonali Bank Limited. In this section, I've attempted to cover Sonali Bank Ltd.'s historical background, branch count, vision, and mission, among other things. The project portion follows after that. I've shown the general banking activity of Sonali Bank Ltd. in that section. I've gone over each part of general banking in great detail. Aside from that, I've taken a quick look at the conditions and criteria for each of the bank's general banking schemes. In the results section, I mentioned that the bank offers backdated product schemes. Furthermore, the bank lacks the advanced IT capabilities that are required.

Following that, I gave some recommendations on the basis of this research. I advised the bank authorities to acquire specialized banking tools and software so that they can keep up with the ultrafast pace of modern technology. In order to achieve the desired outcome, I have also advised the concerned authorities to establish their human resource management policy. Finally, I emphasized that the bank should take the appropriate steps. If the bank truly cares about the welfare of ordinary people, it will create more effective programs in the future.