Foreign Exchange Operations of City Bank PLC

Abstract

The Internship report is about foreign exchange and its policies of City Bank PLC. In this report few issues are presented. At the very beginning, purpose of the report, introductory lines, scope of the report are discussed. Then, an overview of City Bank PLC is presented. Here we can show when City Bank PLC started. How its journey, branches, mission, vision, its class of products. Bank account etc. are presented. After introductory part, the most of important concept of this report about foreign exchange business of City Bank PLC is represented. Here any-one can know importance of international trade, export, import and remittance. Here types of letter of credit are written down. Class of importers, how L.C can be opened and payment procedure are discussed. And overall foreign exchange related terms are tried to present. Then analysis part has started. Analysis of foreign exchange performance is written down. Here 5 years export performance; 5 years of import performance and remittance are presented. Here also talked about current trend of foreign exchange and future condition are presented. In this report another analysis is also talked about which is may be not directly connected in this report title. But report decoration a comparative financial performance is discussed. Here 5 banks are selected for the comparison analysis. To see City Bank PLC financial position along with 4 banks and industry average, a comparative financial performance or ration analysis talked about. At last a little bit findings are found out. There are some problems which can be easily solved. And here some sorts of suggestion are given. Finally this report has done.