An Appraisal of Foreign Exchange Activities & Financial Performance of Prime Bank Limited

Abstract

The basis of this report will convey the foreign exchange activities and the performance and financial position of Prime Bank Limited. In Bangladesh, the flourish of banking Sector is running well. The activities of the bank is not only restricted to eliminate the gap between surplus units and deficit units, but also in several other activities such as in Export and Import sector. IT sector has enriched the service of the bank and thus it is able to give more satisfaction to its valuable -customers. The Prime Bank Limited is one of the well--established and prominent private banks in Bangladesh. The bank has been graded as a top class bank in the country through internationally accepted CAMEL rating. It focuses on a wide range of banking and financial services which include Commercial Banking, Retail & SME Asset Management, Islamic banking, Investment Banking, Merchant Banking and Card Business. It is a market leader in corporate consumer banking and retail lending to SMEs in Bangladesh. The report includes the activities of Foreign Exchange Department and on performance appraisal of Prime Bank limited. The comparative analysis, some financial statement analysis along with some relevant ratio calculations and their interpretations are presented in this report. However from the analysis and the report I have able to identified some problems as well bank's positive feature. The process of foreign trade and performance appraisal of Prime Bank Limited is the key part of my report.