Internship Report on Contemporary Credit Risk Management of National Bank Limited (NBL)
This report has two broad divisions. One is the organization part and the other is the project part. The organization part describes my host organization NBL. The project part deals with the specific assignment that I carried out on my host organization. This specific assignment or the project is to find out the effectiveness of credit risk management policy of NBL.
National Bank is the first private sector bank fully owned by Bangladeshi entrepreneurs. It was established in 1983 by a group of businessmen. At present it is the largest private bank with 121 branches and 10 SME centers spread all over the country. The emergence of National Bank Ltd. in the private sector is an important event in the Banking arena of Bangladesh. When the nation was in the grip of severe recession, Government took the decision to allow in the private sector to revive the economy of the country. Several dynamic entrepreneurs came forward for establishing a bank with a motto to revitalize the economy of the country.
The then President of the People's Republic of Bangladesh Justice Ahsanuddin Chowdhury inaugurated the bank formally on March 28, 1983 but the first branch at 48, Dilkusha Commercial Area, Dhaka started functioning on March 23, 1983. The 2nd Branch was opened on 11th May 1983 at Khatungonj, Chittagong. Today NBL has a total of 121 branches all over Bangladesh.
by Sharmin Akter