Human Resource Management Practices in Bangladesh: A Case Study on Islami Bank Bangladesh Limited

Abstract

Speaking about banks, we may define them as establishments where members consent to accept deposits from the general public and create credit in order to provide loans to the public, which can be done either directly or indirectly through the capital markets. Typically, bank regulations are based on the nation's economic situation. The banking industry in Bangladesh is undergoing a significant restructuring as a result of growing economic regulation and system advancement. We can observe that the banking sector is now undergoing significant growth as a result of the entry of several new banks, high technological progress, effective credit management, and great performance levels with regard to customer satisfaction. The foundation of this report is the "Human Resource Management Practices of Islami Bank Bangladesh Limited," which is the most important component for the company and its operations. Thus, the significance of management systems in the banking industry's human resource domain has grown significantly on a global scale. The only practical method for raising the worth of land, money, and techniques for properly valuing a corporation is through human resources. Consequently, the organization's HRM processes take into account a significant portion of the Bank. We face fierce competition in today's cutthroat environment at every turn, ushering in a new age of existence. Right now, every firm thinks on keeping and employing the greatest workers rather than focusing on making a profit. Effective human resource management solely through a wealthy corporate vision.