Semester: Spring 14-15

Title of the Report: Activities of Finance & Accounting Division (FAD) of Bank Asia Ltd.
Rationale for Selecting the Report:
There are some reasons for selecting Affiliation Report because Bank Asia is profit-oriented
commercial institution. Finance & Accounting Division (FAD) plays a vital role of any
organization. I have chosen Finance & Accounting activities only because, I have an interest in
the area of Finance & Accounting issues rather than other departments like HR, Marketing, and
Operations Management. I would like to be a future professional in Finance & Accounting
department of any renowned Bank. In this report I have discussed about some FAD activities that
I have learnt practically by visiting more often the FAD Department of Bank Asia Ltd. besides
doing my regular job at Corporate Office of Bank Asia Ltd, Purana Paltan, Dhaka. FAD
department deals with Finance, Capital Management (BASEL), IT Security & IS Audit,
Management Information System (MIS), Accounts, Publications, Annual Report, Sustainability
Report, Corporate Outlook, Schedule of Charges & so on. All these activities are very important
and considered as key of Finance & Accounting policies. Without these parts FAD can't do
anything. And I hope that in this report will definitely identify how the corporate world really
works & will help me to apply theoretical knowledge in the practical life. On the other hand
banking sector is one of the fastest growing sectors in our country. So, for these reason I have
chosen the topic on different type of activities of FAD in Bank Asia Ltd.
Background (Description of the Organization/Company):
Bank Asia has been launched by a group of successful entrepreneurs with recognized standing in
the society. The management of the Bank consists of a team led by senior bankers with decades
of experience in national and international markets. The senior management team is ably
supported by a group of professionals many of whom have exposure in the international market.

It set milestone by acquiring the business operations of the Bank of Nova Scotia in Dhaka, first
in the banking history of Bangladesh. It again repeated the performance by acquiring the
Bangladesh operations of Muslim Commercial Bank Ltd. (MCB), a Pakistani bank.
In the year 2003 the Bank again came to the limelight with oversubscription of the Initial Public
Offering of the shares of the Bank, which was a record (55 times) in our capital market's history
and its shares commands respectable premium.
The asset and liability growth has been remarkable. Bank Asia has been actively participating in
the local money market as well as foreign currency market without exposing the Bank to
vulnerable positions. The Bank's investment in Treasury Bills and other securities went up
noticeably opening up opportunities for enhancing income in the context of a regime of gradual
interest rate decline.
Bank Asia Ltd. from the very beginning concedes Corporate Social Responsibilities (CSR)
activities as a part of its culture, identify and business practice. The basic driver of CSR practice
consists of values that have been taken place within business where their efforts continues to
look beyond short-term quantitative gains, and concentrate on issues that make the bank a
socially responsible institution. Bank Asia has performed various CSR activities like- Education,
Health, Disaster Management, Environment, Sports, Art & Culture & so on.
Bank Asia Limited started its service with a vision to serve people with modern and innovative
banking products and services at affordable charge. Being parallel to the cutting edge technology
the Bank is offering online banking with added delivery channels like ATM, Tele-banking, SMS,
Mobile Banking and Net Banking. And as part of the bank's commitment to provide all modern
and value added banking service in keeping with the very best standard in a globalize world.

 Mission Statement of Bank Asia Limited:

The mission of Bank Asia Ltd. is to assist in bringing high quality of service to customers and to
participate in the growth and expansion of our national economy.

To set high standards of integrity and bring total satisfaction to clients, shareholders and

employees.
To become the most sought after bank in the country, rendering technology driven.
Innovative services by dedicated team of professionals.

Vision Statement of Bank Asia Limited:

Bank Asia's vision is to have a poverty free Bangladesh in course of a generation in the new
millennium, reflecting the national dream. Our vision is to build a society where human dignity
and human rights receive the highest consideration along with reduction of poverty.
Values of Bank Asia Limited

Placing the interests of clients and customers first.

A continuous quest for quality in everything the company does.
Treating everyone with respect and dignity.
Conduct that reflects the highest standards of integrity.
Teamwork from the smallest unit to the enterprise as a whole.

Slogan of Bank Asia:

For a better tomorrow is the tag line of Bank Asia Ltd. It always tries to serve the nation for a
better tomorrow.

Objectives:

Primary Objective:
I am conducting this internship program to fulfill the requirements of my BBA Program. It is
helping me to acquire practical knowledge about the corporate life, environment, work
responsibilities etc. which will help me a lot to build a successful career in future.
Specific Objective:
The main objectives of this report is to get clear knowledge of Bank Asia Ltd.
Finance & Accounting issues.

To critically review Finance & Accounting activities of Bank Asia Ltd.

To understanding Bank Asia Ltd. Finance & Accounting policy.
Find out any lacking of this organization.
Recommend their solution.

Submitted by:
Name of the Student Intern: Shovon, Md. Maruf Murshed
ID No: 10-17769-3
Major: Accounting & Finance
Date: 31.03.15
ACTION BY THE SUPERVISOR: Approved __________
Disapproved __________
Approved with Revision __________