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Ab Bank Limited

Essay by   •  December 6, 2012  •  Case Study  •  6,068 Words (25 Pages)  •  1,723 Views

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EXECUTIVE SUMMARY

AB Bank Limited, the first private sector bank under Joint Venture with Dubai Bank Limited, UAE incorporated in Bangladesh on 31st December 1981 and started its operation with effect from April 12, 1982.

Dubai Bank Limited (name subsequently changed to Union Bank of the Middleast Limited) decided to off-load their investment in AB Bank Limited with a view to concentrate their activities in the UAE in early part of 1987 and in terms of Articles 23A and 23B of the Articles of Association of the Company and with the necessary approval of the relevant authorities, the shares held by them in the Bank were sold and transferred to Group "A" Shareholders, i.e. Bangladeshi Sponsor Shareholders.

AB bank acquired confidence and trust of the public and business houses by rendering high quality services in different areas of banking operations, professional competence and employment of the state of art technology.

Human resource is the main driving force and quality human resources are the key sources for the success of today's banking business. Keeping this view in mind and recognizing the importance of training for professional excellence AB Bank Ltd. has established its own training institute in 2005 with modern facilities. In 2006 the institute arranged 17 training courses and provided training to as many as 370 employees of the bank.

To cater to the needs of the employees and to keep pace with demand of the time it will continue to arrange regular training courses in the days ahead. During the year 2006, a total of 520 employees of the Bank were provided with training in various fields. Out of them 16 employees participated in training courses held abroad. In 2006 total 93 employees of various stages were given promotion which is almost 14.00 percent of total employees of the bank.

Chapter-1

Introduction

Introduction

1.1Statement of the research problem:

Training plays the important role in the organization. With out training no organization can be successful. Every organization gives the training the employees. Also AB bank gives the training to its employees for the betterment of it function. Core motive is that, to increase the productivity and total performance.

1.2 Objectives of the study:

* Gather knowledge and information how an organization perform their task through training and development and what are the efficient and effective procedures for motivating employees.

* To determine the facts that would be considered and opportunities of the company culture, business system, products and services, marketing channels, International service and communication, other policy of the company.

There are two types of method are follows-

I) Primary data

ii) Secondary data

Primary data:

To Prepares this report we use some primary information from the company personals.

Secondary data:

For preparing this report the information also has been collected by:

 Searching Internet

 Search out the company Web-Site through Internet.

1.3 Methodology:

Training is the key factor for the employees for the better for his/her job. To determine the facts that would be considered and opportunities of the company culture, business system, products and services, marketing channels, International service and communication, other policy of the company.

1.4 Scope of the study:

As a BBA student we can learn many things from the training and development. We also can know that how to perform in the job sector with having the training. How banking sector running fluently with the training and development. It is also important to know the as subject of BBA. Training is a two way communication. One is inside and another is outside way for conducting the training program. We can know the both of them as well to our education purpose.

1.5 limitation of the study:

We had more limitations for complete this report these are follows:

* Lack of time

* Load shading

* Maintain confidentiality

* Scope of this study.

* Lack of Lab facilities.

Chapter-2

Organizational analysis

Organizational analysis

a) Profile:

Company history:

AB Bank Limited, the first private sector bank under Joint Venture with Dubai Bank Limited, UAE incorporated in Bangladesh on 31st December 1981 and started its operation with effect from April 12, 1982.

Dubai Bank Limited (name subsequently changed to Union Bank of the Middleast Limited) decided to off-load their investment in AB Bank Limited with a view to concentrate their activities in the UAE in early part of 1987 and in terms of Articles 23A and 23B of the Articles of Association of the Company and with the necessary approval of the relevant authorities, the shares held by them in the Bank were sold and transferred to Group "A" Shareholders, i.e. Bangladeshi Sponsor Shareholders.

As of December 31, 2006; the Authorized Capital and the Equity (Paid up Capital and Reserve) of the Bank are BDT 2000 million and BDT 2582.76 million respectively. The Sponsor-Shareholders hold 50% of the Share Capital, the General Public Shareholders hold 49.43% and the rest

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