Ratio Analysis Essay
1.1 Origin of the Report
To be an efficient business executive, a student of business study must have practical knowledge about the financial activities of any business organization. Financial Management (FIN 301) course is giving the theoretical knowledge of financial management activities but only theoretical knowledge cannot make students efficient. Ms. Nasreen Sultana, course instructor for this course gave an assignment on 28 November, to write a business report on ratio analysis of BRAC bank as a part of the study of this course.
1.2 Purpose of the Report
Purpose of the report is to know financial performance of BRAC bank. This report will help to gather knowledge …show more content…
1.4 Limitations of the Report
To complete this report we had to go through so many typical time. We had really limited time to complete the report since we need to input data in excel and then analysis the result of selected ratio. With limited time, it was difficult to analyze the entire ratio.
2.0 Overview of BRAC Bank:
2.1 History of BRAC Bank Limited: BRAC Bank Limited, one of the latest generation of commercial banks started its journey on July 04, 2001. It is an affiliate of BRAC (Bangladesh Rural Advancement Committee), one of the world’s largest non-governmental development organizations founded by Fazle Hasan Abed in 1972. It has been the fastest growing Bank in 2004 and 2005. The Bank operates under a "double bottom line" agenda where profit and social responsibility go hand in hand as it strives towards a poverty-free, enlightened Bangladesh. BRAC Bank Limited, with institutional shareholdings by BRAC, International Finance Corporation (IFC) and Shore Cap International, has been the fastest growing Bank in Bangladesh for the last three consecutive years. In the recent past the bank has gone public with price of shares reaching impressive heights, further showing