Aspect of loan processing in Century Bank

Citation

Sainju, R. (2020). Aspect of loan processing in Century Bank. (Cooperative Education). Bangkok: Siam University.

Abstract

                The cooperative report entitled “Aspect of loan processing in Century Bank” has the goals to examine the work culture and the operational activities regarding loan processing in a commercial bank. Objectives of the study include: (1) To explore the procedure of preparing and using various financial documents and reports, (2) To study the various aspects of loan processing in a commercial bank, (3) To be familiar with principals, manuals, provisions, guidelines, regulations of the operational activities and (4) To understand accurate use of accounting functions and put theoretical knowledge into practice. With the company, the student was assigned to work as an Intern in the department of loan processing and CSD. Main responsibilities are to file vouchers systematically, attach supporting documents, cash and check deposits and payments, assist in auditing. Upon the completion of the internship, it was found that the problem was resolved through going through manuals and on the job training along with the work experience gained throughout the period. The problems encountered during internship were getting along with colleagues and management, time management issues, information overload and inconsistency in balance of work. In this matter students are able to experience working in a corporate environment and gain flexibility along with developing professional ability to work in a multicultural environment which are very important for future career development and profession.

Keywords: Theoretical, Multicultural, Professional.

Faculty of Business Administration, Siam University, Bangkok, Thailand