Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh
This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2021.
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10361-150582021-09-27T21:01:19Z Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh Tahsin, Hredita Hossain, Saif Brac Business School, Brac University COVID-19 Banking sector Pandemic Financial statements Profitability ratio This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2021. Cataloged from PDF version of internship report. Includes bibliographical references (pages 26-29). This report is focused on my 12-week internship experience in Mercantile Bank Limited. As an intern, I saw how the pandemic impacted bank’s operations and the restrictions it imposed. Thus, my report focuses on studying the extent of the coronavirus's effect on some commercial banks in 2020. This study mainly deals with financial performance analysis of 8 local commercial banks’ half yearly financial statements of year 2019 and 2020. As I was an intern of MBL, I wanted this report to focus on MBL's banking performance in comparison to other banks. The other 7 banks were randomly selected out of 45 local commercial banks. They areAB Bank Ltd., Bank Asia Ltd., BRAC Bank Ltd., Dutch-Bangla Bank Ltd., Dhaka Bank Ltd., Eastern Bank Ltd. and City Bank Ltd. Primary data such as observation and interview with an official and secondary data such as these banks’ financial reports, journal papers, e-articles etc. were used to conduct this report. Their financial reports were studied in order to determine the bank’s profitability despite the effect of covid-19 on their sector. According to the findings, single digit interest rate and the global pandemic coronavirus has caused Mercantile Bank Ltd. BRAC Bank Ltd. and City Bank Ltd.’s performance to worsen whereas AB Bank Ltd. reported an increase in profit margin. Furthermore, Bank Asia Ltd., Dhaka Bank Ltd., DBBL, and EBL were among the banks that managed to maintain their positions. Hopefully, the analysis and the report's recommendations would provide the banks with insight on how to avoid financial risk and maximize profitability. Hredita Tahsin B. Business Administration 2021-09-27T04:57:47Z 2021-09-27T04:57:47Z 2021 2021-04-20 Internship report ID: 16104116 http://hdl.handle.net/10361/15058 en_US Brac University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 29 Pages application/pdf Brac University |
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Brac University |
collection |
Institutional Repository |
language |
en_US |
topic |
COVID-19 Banking sector Pandemic Financial statements Profitability ratio |
spellingShingle |
COVID-19 Banking sector Pandemic Financial statements Profitability ratio Tahsin, Hredita Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
description |
This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2021. |
author2 |
Hossain, Saif |
author_facet |
Hossain, Saif Tahsin, Hredita |
format |
Internship report |
author |
Tahsin, Hredita |
author_sort |
Tahsin, Hredita |
title |
Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
title_short |
Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
title_full |
Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
title_fullStr |
Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
title_full_unstemmed |
Impact of Covid-19 on banking performance of Mercantile Bank Ltd. compared to some selective commercial banks of Bangladesh |
title_sort |
impact of covid-19 on banking performance of mercantile bank ltd. compared to some selective commercial banks of bangladesh |
publisher |
Brac University |
publishDate |
2021 |
url |
http://hdl.handle.net/10361/15058 |
work_keys_str_mv |
AT tahsinhredita impactofcovid19onbankingperformanceofmercantilebankltdcomparedtosomeselectivecommercialbanksofbangladesh |
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