Foreign exchange activities of islami bank Bangladesh limited” as a study on Kawran bazar branch
Abstract
A bank is a financial institution offering deposits subject to withdrawal on demand and
giving loans to the retail or corporate sector. There are different types of banks like
Commercial bank, Investment bank, International bank and Islamic Bank etc.
Foreign Exchange means exchange foreign currency between two countries. It we
consider ‘Foreign Exchange’ as a subject, and then it means all kind of transactions
related to foreign currency. In other wards foreign exchange deals with foreign financial
transaction.
H.E Evitt defined Foreign Exchange “as the means and methods by which rights to
wealth expressed in terms of the currency of one country are converted into fights to
wealth in terms of the currency of another country. Foreign exchange plays a very
important role in the balance of payment of the country. Foreign exchange takes within
its fold purchase (import), sale (export) of goods across the borders.
Collections
- Project Report of BBA [185]