COMPANY:- GLOBEL IME BANK

TOPIC:- FINANCIAL MANAGEMENT OF

BANK

Submitted To: - Submitted By:-

Mr Ranjeev Handa Tripureshwar sah

BBA :-5th semister

Roll no :-12-546

INDEX

I. INTRODUCTION

II. Company profile III. OBJECTIVE

IV. FEATURE

V. Funds & Investments

VI. Banking Services

VII. Insurance & Risk Protection

VIII. Banking Products

IX. Business Banking X. Data Flow Diagram XI. Shareholders Structure

XII. Learning Experiences

XIII. CONCLUSION

XIV. References

1. INTRODUCTION Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not only seen in the 'Line' but also in the capacity of 'Staff' in overall administration of a company. It has been defined differently by different experts in the field.

Financial Management is the Operational Activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operation

1. Company profile

Global IME Bank Ltd. emerged after successful merger of Global Bank Ltd (an “A” class commercial bank), IME Financial Institution (a “C” class finance company) and Lord Buddha Finance Ltd. (a “C” class finance company) in year 2012. Two more Development Banks (Social Development Bank and GulmiBikas Bank) merged with Global IME Bank Lrd in year 2013. 

Global Bank Limited (GBL) was established in 2007 as an ‘A’ class commercial bank in Nepal which provides entire commercial banking services. The bank was established with the largest capital base at the time with a paid up capital of NPR 1.0 billion. The paid up capital of the bank has since been increased to NPR 2.42 billion. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. 

BANK Bank is a financial institution which receives

deposits from the public and lends them for investment purpose .

Banking is a service industry .

Banks provide financial services to the people , business and industries.

2. OBJECTIVE

To understand the basic concepts of Portfolio management and Mutual funds and its benefits as an investment revenue.

• To know about the top performing mutual fund schemes

 

• To measure the performance of mutual funds using Sharpe’s performance index.

 

• To calculate the risk and return of different Banks.

3. FEATURE

DEALING IN MONEY

AGENCY

ACCEPTANCE OF DEPOSIT

GRANT OF LOAN AND ADVANCES

PAYMENT AND WITHDRAWAL

COMMERCIAL NATURE

4. Funds & Investments

Mutual Funds

Portfolio Management services

Alternative investments

Deposits

5. Banking Services

iMobile

Locker

VISA debit and VISA credit cards

6. Insurance & Risk Protection

Life Insurance

General Insurance

7. Banking Products

Savings Account

Family wealth Account

Home Loans

HP loan & Auto loan

Foreign Exchange Services

Lockers

8. Business Banking

Business Loans

Business Insurance

Business advice by Experts

9. Data Flow Diagram:

User

Bank

System

Account No

Transaction

Account Details

Flow chart

BANKhas

CUSTOMER

ACC. NO. ADDRESS.

BALANCE.

Done by

TRANSACTION

DEBIT CREDIT

NAME

START

CUSTOMER

has has

FIXED DEPOSITE

ACCOUNT

AMOUNT

DURATION BALANCE

ID. NO.

ACC. ID.

START

TRANSACTION CUSTOMER

CURRENT BALANCE

DEBIT CREDIT

UPDATE BALANCE UPDATE BALANCE

BALANCE

Transaction Process

10. Shareholders Structure Authorized Capital of Global IME Bank is NPR 5,000 million and Paid up Capital is NPR 4,106 million. The promoters hold 70.60% while 29.40% is floated for the public. Current shareholder structure of the bank remains as below:

 

 Particulars Percentage of Ownership

Capital Invested

Institutional Shareholders 24.26% NPR          996  millionIndividual Promoters 46.34% NPR     1,902   millionPublic Shareholders 29.40% NPR     1,208   million Total 100.00% NPR      4,106   million 

Financial HighlightsThe financial highlights of the bank as of July 15, 2013 were as follows:

Operating Profit before Provision NPR   1,065.85 millionNet Profit NPR     449.22 millionTotal Deposits NPR  34,111.47 millionTotal Lending NPR  26,991.61 millionCredit Deposit Ratio 72.28%

11. Learning Experiences

• I got adequate knowledge about Globel IME Bank and its operations.

• There is lot of opportunity to study regarding organization’s frame work and also day to day operation.

• Daily large number of customer visiting syndicate bank, that made easy accessibility of overall operation process of the organization.

• According banking function the overall operation divided as like deposits, withdrawal, and lendig.etc, .Each operation will be looking after by respective employee.

12. CONCLUSION

For the day to day operations, the bank has been using the world renowned FINACLE software that provides real time access to customer database across all branches and corporate locations of the bank. This state of the art customer database has also been linked to a Management Information System that provides easy reach to all possible database information for balanced and informed decision making.

Banking activities are considered to be the life blood of the national Economy. Without banking services, trading and business activities cannot be carried on smoothly. Banks are the distributors and protectors of liquid capital which is of vital significance to a developing country.

Efficient administration of the banking system helps in the economic Growth of the nation. Banking is useful to trade and commerce.

13.References Websites:

http://www.wikipedia.com

http://www.slideshare.net/

http://www.intranic.in