Selection and Recruitment Process of Souteast Bank
4395 Words18 Pages
Origin of the Report:
The report “Recruitment and Selection Process of Southeast Bank Limited” was started by us under Rumana Parveen Crouse instructor of “Human Resource Management “(HRM 301). The study has been undertaken as a part of our course requirement. we have to write a formal report on a specific topic and our topic is “Recruitment and Selection Process of Southeast Bank Limited” We think this topic is interesting as we are making comparison between the theoretical recruitment and selection process and the recruitment and selection process of Southeast Bank Limited.
Objective of the Study:
A sound study always has a predefined objective. One of the undisclosed but very true objectives of this study is to fulfill our…show more content… Thus within this very short period of time it has been able to create an image and earn significant reputation in the country 's banking sector as a Bank with Vision. Presently, it has 46 branches.
Southeast Bank Limited has been licensed by the Government of Bangladesh as a Scheduled commercial bank in the private sector in pursuance of the policy of liberalization of banking and financial services and facilities in Bangladesh. In view of the above, the Bank within a period of 10 years of its operation achieved a remarkable success and met up capital adequacy requirement of Bangladesh Bank.. In 2001, the bank had 12 branches (all in urban areas) and 253 employees in various grades at the head office and branch levels.
It has been growing fast as one of the leaders of the new generation banks in the private sector in respect of business and profitability as it is evident from the financial statements for the last 10 years. The bank provides all kinds of commercial banking services to its customers. It offers deposit products like saving account, current account, STD, FDR. It offers commercial lending facilities which include Revolving L/C for the Import of Goods, Acceptance, and Bank Guarantee etc. as non-funded facilities. On the other hand the Bank offers Overdraft limit, LTR facility, Revolving LTR limit, Time Loan, Bill purchase etc.