E-Banking Performance ratio of Mercantile Bank
By: Sazzad Ferdous
Banking system occupies an important place in a nation’s economy. Banking institution is indispensable in a modern society and it plays a vital role in the economic development of a country. Against the background of liberalization of economic policies in Bangladesh, Mercantile bank Limited emerged as a new commercial bank to provide efficient banking services with a view to improving the socio-economic development of the country.
Mercantile Bank Limited is a scheduled private commercial bank established on May 20, 1999 under the Bank Company Act, 1991 and incorporated as a ...view middle of the document...
They are highly regarded for their entrepreneurial competence. The sponsors happen to be member of different professional groups among whom are also renowned banking professionals having vast range of banking knowledge. There are also members who are associated with other financial institution.
The board of directors consists of 21 members elected from the sponsor of the bank. And the board of directors is the apex body of e bank. All route matters beyond delegated owners of management are decided upon by or routed through the executive committee, subject to ratification by the board of directors.
Objectives Of The Report
The major objectives are to measure and evaluate the performance of Mercantile Bank Limited based on E-banking, to get an overall idea about the online business and also to figure out the weakness in performance in E-banking and construct the ways of recovery.
The specific objectives of the study are as follows:
* To present an over view of the communication system of E-banking of Mercantile Bank Limited.
* To gather comprehensive knowledge on E-banking function of Mercantile Bank Limited.
* To know how this organization plays its role in the online business.
* To know how the E-banking performed its activities.
Scope of the Study
Mercantile Bank Limited is one of the new generation banks in Bangladesh. The scope of the study is limited to the Ring Road Branch only. The report covers the organizational structure, background, functions and the performance of the bank.
The methodology of this report is very different from other reports. For the analysis part, data have been collected from IT department, different statements and the annual reports of the bank.
While preparing the report, we have taken information from the following sources:
2. Annual report of the bank.
3. Insight of bank
Sources of Data
In this report, we have relied on both primary and secondary sources of data. The sources are as follows:
1. Websites of Mercantile Bank.
2. Different related websites found in Google .
3. Personal observation.
1. Annual report of Mercantile Bank Limited (found in internet).
2. Relevant books, journals, Booklets.
Structure of the Report
This report is consisted of six chapters.
►In the first chapter, background, objectives, scope, methodology, limitations of the report is discussed.
►In the second chapter of this report, try to give an overview of on-line communication system of the Mercantile Bank.
►In the third chapter, MBL’s business process of the E-banking.
► In chapter four MBL’s Architecture & infrastructure of online bank
► In the Five chapter, performance of MBL
► The chapter Six provides Findings, Recommendation, Conclusion.
Overview of E-banking of MBL
What is Business Communication?
Business communication is any communication used to build partnerships, intellectual resources, to promote...