Assignment

Introduction Major source of income of a bank is the earning from credit. Borrower selection is the main and prime task of this department. Advancing…

INTRODUCTION Quality control in terms of garment manufacturing, pre-sales and posts sales service, delivery, pricing, etc are essential for any garment manufacturer, trader or exporter.…

Money Laundering Prevention Act 2002  The Money Laundering Prevention Act 2002 received the consent of President to became a law on 5 April 2002. The…

Exchange Rate Regimes in Bangladesh The rate at which one currency is exchanged for another currency in the foreign exchange market is called exchange rate.…

 FOREIGN REMITTANCES SECTION (INWARD & OUTWARD) Foreign remittance, in simple terms, means money remitted in foreign currency. More precisely, it is termed as remittances in…

Letter of Credit: Foreign trade can be easily defined as a business activity, which crosses national boundaries. These may be between parties or government ones.…

Back to Back Letter of Credit (BTB): Bangladesh is a developing country.  After receiving order from the importer, very frequently exporters face problems of scarcity…

 Credit approval system  Preparation of quality credit proposal helps to mitigate credit risk in aid of certain guidelines of Bangladesh Bank. ABBL follows the strategy…

History of banking When money became an accepted medium of exchange, the need arose to keep the money safe. In addition, some people needed to…

Definition of Credit Risk Grading   The Credit Risk Grading (CRG) is a collective definition based on the pre-specified scale and reflects the underlying credit-risk…

Import Import trade of Bangladesh is controlled under the Import & Export control Act (IEC) 1950. Authorized Dealer Banks will import the goods into Bangladesh…

Remittance Remittance means sum of money remitted from one place to another. We send money from one place to another through post office, Banks etc.…