GENERAL BANKING OF JAMUNA BANK LTD.
PART-1 INTRODUCTION Commercial Bank implies that banks devote most of their resources to meeting the financial needs of business firms. This institution offers the public both deposit and credit services as well as a growing list of newer and more innovating services, such as investment advice, security underwriting, and financial planning. In recent years, however, commercial banks have significantly expanded their offerings of financial services to consumers and units of government around the around the world. The result is the emergence of a financial institution that has been called a financial department store because it satisfies the broadest range of financial services needs in the global economy. The importance of commercial banks may be measured in a number of ways. Banks are still the principal means of making payments, through the checking accounts, credit cards, and electronic funds transfer services they offer. Banks are important because of their ability to create money from excess reserves made available from the publics deposits. The banking system can take a given volume of excess cash reserves and, by making loans and investment, generate a multiple amount of credit. Bangladesh is a developing country. After liberalization, we achieve a poor economic growth in last three decades. This is because of number of micro & macro factors as density of people; lack of proper education; lack of skilled manpower; lack of natural resources etc. In last three decades, we saw, what a poor political stability! Political instability is the major factor in Bangladesh that makes a vital hazard to achieve the economic growth. All of above, Banking industry brings a little bit hope that can be a better flavor to accelerate the economic growth in our country. This is the only sector (especially private banking) that getting a continuous develops from last two decades. Jumana Bank is a second generation commercial private Bank. It is starts its operation form 1995. During this short period of time, this bank creates a milestone of success in banking sector. This bank holds an experienced team of banking professional. They achieve this success because of their