An Internship Report

On
Foreign Exchange Operation & Trade Policy of
EXIM Bank Bangladesh Limited

Submitted To:
Ms. Faria Akter
Lecturer
Southeast Business School (SBS)
Southeast University.

Submitted By:
Md. Shaidur Jaman
ID: 2019010000112
Batch: 51
Department of Business Studies

Course Title: Internship

Course Code: INT0104

Date of Submission: 20 October, 2022

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 Letter of Transmittal

20 October, 2022
To,
Ms. Faria Akter
Lecturer
Southeast Business School (SBS)
Southeast University.

Subject: Submission of Internship report on "Foreign exchange operations & trade

policy of EXIM Bank Ltd.”
Dear ma’am,
I am pleased to submit my internship report on “Foreign Exchange Operation &
Trade Policy of EXIM Bank Bangladesh Limited”. While preparing this report, I
have tried my level best to include all the relevant information, explanations, things I
learned from the organization, my contribution to the organization to make the report
informative and comprehensive. It would not have been possible to complete this
report without your assistance, of which I am very thankful. Working for 12 weeks at
“EXIM Bank Bangladesh Limited, Cumilla Branch” was amazing and a huge
learning opportunity for me. Also, it was a great experience to prepare this report and
I will be available for any clarification, if required.
Therefore, I pray and hope that you would be kind enough to accept my Internship
Report and oblige thereby.

Md. Shaidur Jaman

ID: 2019010000112
Batch: 51
Southeast Business School,
Southeast University.

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 Certificate of Approval

This is to attest that an internship report on “Foreign Exchange Operation & Trade
Policy of EXIM Bank Bangladesh Limited” for incomplete achievement of the
degree of BBA major in Accounting from the SEU perform by Md. Shaidur Jaman
[ID: 2019010000112] under my supervision. Under my guidance and supervision this
paper is being performed successfully.

I wish every success in his life.

-----------------------------
Ms. Faria Akter
Lecturer,
Southeast Business School (SBS),
Southeast University.

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 Acknowledgement

At first, I would like to express my gratitude to Almighty Allah who has given me
opportunity to go through the total process of internship and to write a report in this
regard.
My acknowledgement begins with thanking my academic supervisor Ms. Faria Akter
who has provided me suitable suggestions for making this Final Internship Report. I
would like to thanks to honorable faculty for her generous cooperation and
supervision that made me really confident about the desired outcome of my internship
project.
I would like to show my warm-hearted gratitude to the whole EXIM Bank Limited.
Which has provided me with great deal of information, adequate data and finally
cooperated me for the accomplishment of the report successfully. I would like to thank
each staff of the different department. I express my gratitude towards Mr. Abdullah
Al Mahbub, Senior Executive Vice President & Manager of EXIM Bank Ltd. gave
me the opportunity to do internship in EXIM Bank Ltd. I also give thanks Mr. Md.
Abul Hossain, Assistant Officer (Clearing & Foreign Remittance department), Mr.
Mohammad Ikram Hossain, Principal Officer, Mr. Zaber Hossain Iqbal,
Management Trainee Officer & Ms. Jasmin Akhter, Officer (General Banking
department), Mr. Mehedi Hasan Bhuiyan, Senior Principal Officer & Mr. Md.
Mahmudul Hasan Mazumder, Assistant Officer (Investment and foreign trade
department) who gave me all the support that I needed to prepare the report for in
valuable support and direction that lead me to the successful completion of my
internship report. I am also grateful to, Mr. Obidul Hoque (S.P.O & Second
Officer), Mr. Mohammad Mojammel Hossain (Executive Officer), Ms. Taslima
Akter (Principal Officer) for their valuable suggestions those made me confident to
walk on my desire way to construct my report.
I thanked modern technology for making information available for us and make our
life so easier as well as provide as much as information as one need.

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 Declaration

I am Md. Shaidur Jaman, hereby declare that the report of internship report on
“Foreign Exchange Operations & Trade Policy of EXIM Bank Limited" is
prepared by me after completion of 12 weeks workings at EXIM Bank Limited.
I would like to confirm that, the report is prepared exclusively for academic purpose
not for any other purposes. The work I have presented does not breach any existing
copyright and during the preparation of this internship report I had not ruptured any
copyright act purposefully. I also further declare that I did not submit this report to
any other institution for awarding any degree of certificate.

Md. Shaidur Jaman

ID- 2019010000112
BBA (Accounting)
51st Batch
Southeast University.

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 Letter of Acceptance

This is certifying that the internship report on "Foreign Exchange Operations &
Trade Policy: A Study on EXIM Bank Ltd", submitted by Md. Shaidur Jaman,
BBA program, ID: 2019010000112, Batch: 51, Southeast Business School, Southeast
University as an integral part of the requirement of Bachelor of Business
Administration (BBA) Program. This report is suitable for submission.

Ms. Faria Akter

Lecturer,
Southeast Business School (SBS),
Southeast University.

Date: 20 October, 2022

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 Executive Summary

The internship is designed to bridge the gap between the theoretical Knowledge and
real-life experience. It is designed to have a practical experience while passing
through the theoretical understanding. The report is combination of Three months of
internship program with EXIM Bank Ltd, Cumilla Branch.
I have tried to make clear understanding about foreign exchange operations and trade
policy and findings their loopholes. Here I have faced some problems during working
on the report. Time limit is not sufficient for preparing an outstanding report.
This report has been segmented into six different chapters. The first chapter contains
Introduction, An Overview of the Banking sector, Origin, Objective, Methodology,
Scope, limitations of the Report. The second chapter contains overview of EXIM
Bank Ltd as a whole mentioning its historical background, Mission &Vision &
Objective of the EXIM Bank Ltd, Hierarchy, Financial Highlights, Special Products
and Services, Swift Service of EXIM Bank. The third chapter is Theoretical
background where introduction, importance, scope, contribution and disadvantages of
foreign trade has been described and a literature review. The fourth chapter contains
about the Foreign Trade Policy of EXIM Bank, Introduction, Functions of Foreign
Trade Department, Import section, Import Registration Certificate (IRC), Function of
Import section, Export Section, Export Registration Certificate (ERC), Function of
Export Section, Remittance, Foreign Remittance, Within this chapter details about the
functioning and
practices of EXIM Bank has been described. In chapter five SWOT Analysis, I have
discussed the internal part Strength and Weakness External part Opportunities and
Threats of the EXIM Bank in the better ways. Import Performance, Export
Performance, Foreign remittance performance and comparison between import export
and remittance performance has been shown and the findings which I found in three
months of period in EXIM Bank. In chapter six I have given some recommendations
that can help EXIM Bank in better ways.
I hope this report, despite its many limitations, will be a gateway to have a clear
concept about the foreign Trade activities of EXIM Bank Limited, Cumilla Branch.

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 Table of Content
Page
Chapter Content
No.
Letter of Transmittal………………………………………... ii
Certificate of Approval……………………………………… iii
Acknowledgement…………………………………………… iv
Declaration…………………………………………………… v
Letter of Acceptance………………………………………… vi
Executive Summary…………………………………………. vii

[1.1] Introduction…………………………………………… 02
[1.2] An Overview of the Banking Sector…………………. 03
[1.3] Origin of the Report…………………………………... 03
Chapter: 1 [1.4] Objective of Report…………………………………… 04
Introduction
[1.5] Methodology of the Report…………………………... 05
[1.6] Scope of the Report…………………………………... 05
[1.7] Limitations of the Report……………………………. 06

[2.1] Overview of the EXIM Bank………………………… 08

[2.2] Historical Background of the EXIM Bank…………. 08
[2.3] Corporate information of EXIM Bank at a glance.... 10
Chapter: 2 [2.4] Organizational structure of EXIM Bank Ltd………. 11
An Overview of
[2.5] Overall Performance of EXIM Bank Ltd…………... 13
EXIM Bank Ltd.
[2.6] Vision & Mission ……………………………………... 14
[2.7] Objectives of EXIM Bank Ltd………………………. 15
[2.8] Special Products and Services of EXIM Bank……... 16

[3.1] Introduction of Foreign Trade……………………… 20

Chapter: 3 [3.2] Importance of Foreign Trade……………………….. 20
Theoretical
Overview of [3.3] Scope of Foreign Trade…………………………….... 22
Foreign Exchange [3.4] Contribution of Foreign Trade to Economic Growth 23
Operation &
Trade Policy of [3.5] Disadvantage of Foreign Trade……………………... 24
EXIM Bank [3.6] Foreign Trade Figures of Bangladesh……………… 25
Limited
[3.7] Literature Review……………………………………. 25

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 [4.1] Introduction………………………………………….. 28
[4.2] Foreign Trade Department of EXIM Bank Ltd…… 28
[4.3] Functions of Foreign Trade Department…………... 38
[4.4] Import Section……………………………………….. 39
[4.5] Export Section……………………………………….. 40
Chapter: 4
[4.6] Remittance…………………………………………… 42
Analysis of Foreign
Exchange [4.7] Foreign Remittance……………………………….…. 43
Operation &
[4.8] Foreign exchange business……………………….….. 46
Trade Policy of
EXIM Bank [4.9] Import performance……………………………….… 47
Limited
[4.10] Export performance……………………………….… 48
[4.11] Remittance performance………………………….… 49
[4.12] Import and export………………………………….... 50
[4.13] Comparison among export, import and remittance
Performance……………………….………………… 51

Chapter: 5 [5.1] Findings……………………………………………..... 53

Findings, [5.2] Recommendations………………………………….... 54
Recommendations
& conclusion [5.3] Conclusion………………………………………….… 55

References………………………………………………….. 56
Appendix…………………………………………………… 57

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