ADMAS UNIVERSITY
Meskel Campus
DEPARTMENT OF ACCOUNTING AND FINANCE
INTERNSHIP REPORT
On Finance and Accounting
Organization: NIB International Bank S.C., G/mazoria Branch
Prepared By: Girum Tadesse
ID No: 5001
Submission Date: September 5, 2025
Addis Ababa, Ethiopia
Acknowledgment
First and foremost, I would like to thank the Almighty God for giving me the strength,
wisdom, and health to complete my internship successfully. I extend my sincere gratitude
to Admas University, Department of Accounting and Finance, for granting me the
opportunity to gain real-world exposure. I am deeply grateful to NIB International Bank,
G/mazoria Branch, for their support, guidance, and willingness to share knowledge during
my internship. Finally, I would also like to thank my family and friends for their
encouragement throughout this journey.
Table of Contents
Part I: Organizational Related Issues 4
1. Background of NIB Bank 4
1.1 Nature of the Business, Products, and Services 5
1.2 Employee Count Over Time 6
1.3 Financial Performance (Annual Budget, Revenue, and Profit) 7
1.4 Mission and Vision 8
Part II: Actual Practice (Work Exposure) Assessment 10
2. Work Performance 11
3. Educational Value of the Internship 14
4. Relationship Between Classroom Learning and Actual Work 16
5. SWOT Analysis 19
Part III: Summary and Conclusion 22
6. Summary 22
7. Conclusion 23
References 24
Part I: Organizational Related Issues
1. Background of NIB Bank
NIB International Bank was established in 1999 with the vision of providing quality financial
services to its customers. Since its inception, the bank has grown into one of the leading
private banks in Ethiopia, with strong financial performance and a wide network of
branches across the country.
1.1 Nature of the Business, Products, and Services
The bank provides various services including savings and checking accounts, loan
facilities, trade financing, foreign exchange, digital banking, and investment advisory. It
primarily serves corporate clients, small and medium enterprises (SMEs), and individual
customers.
1.2 Employee Count Over Time
The number of employees at NIB International Bank has increased steadily over the past
decade as a result of branch expansion and service diversification.
Year Employee Count
2018 3,200
2019 3,800
2020 4,200
2021 4,700
2022 5,100
2023 5,600
1.3 Financial Performance
The bank has consistently reported strong revenue growth and profitability. Its annual
budget emphasizes sustainable expansion while ensuring risk management and customer
satisfaction.
1.4 Mission, Vision, and Core Values
Mission: To provide customer-focused, innovative, and efficient financial services that
contribute to the sustainable growth of Ethiopia’s economy.
Vision: To be a leading private bank in Ethiopia, admired for service excellence,
innovation, and financial strength.
Core Values:
1. Integrity & Transparency – Upholding ethical standards and trust in all financial
dealings.
2. Customer First – Delivering exceptional service and building long-term relationships.
3. Innovation – Leveraging technology and creative solutions to meet customer needs.
4. Excellence & Professionalism – Striving for quality and continuous improvement.
5. Teamwork – Fostering collaboration, respect, and shared success.
6. Social Responsibility – Contributing to the community and national development.
Part II: Actual Practice (Work Exposure) Assessment
2. Work Performance
During my internship at NIB International Bank, I was engaged in several daily tasks that
enhanced my professional skills. These tasks included assisting customers with
account-related inquiries, processing deposits and withdrawals, supporting documentation
for loan applications, and recording financial transactions. I also had the opportunity to
observe the internal auditing process, compliance monitoring, and risk management
activities. The exposure helped me develop accuracy, attention to detail, and effective time
management skills.
3. Educational Value of the Internship
The internship provided valuable insights that complemented my classroom learning. I was
able to connect theoretical knowledge from accounting and finance courses with practical
applications in a real banking environment. I gained proficiency in banking software
systems, financial reporting, and compliance requirements. Additionally, I improved my
interpersonal communication by working with diverse clients and colleagues.
4. Relationship Between Classroom Learning and Actual Work
Classroom lessons laid the foundation for understanding concepts such as double-entry
bookkeeping, financial analysis, and auditing principles. However, the actual work
environment emphasized the importance of practical application. For example, while
classroom exercises taught me about financial statements, the internship allowed me to
prepare and review real reports. This helped me appreciate the difference between
theoretical knowledge and practical execution.
5. SWOT Analysis
Strengths Weaknesses
Wide branch network
Strong customer trust Limited adoption of modern digital banking technologies
Experienced workforce High operational costs
Opportunities Threats
Growing demand for digital financial services Intense competition from other banks
Potential for international partnerships Economic fluctuations & regulatory changes
Part III: Summary and Conclusion
6. Summary
In summary, my internship at NIB International Bank was a transformative learning
experience. I gained hands-on exposure to financial services operations, customer
service, compliance, and reporting. The experience bridged the gap between academic
theory and real-world practice.
7. Conclusion
I conclude that internships play a vital role in professional development. The knowledge
and skills I acquired at NIB International Bank will guide my future career in finance and
accounting. I am confident that the lessons learned will be invaluable in my academic and
professional journey.
References
1. NIB International Bank Annual Report (2023)
2. Admas University Internship Guidelines
3. Class Notes and Lecture Materials, Department of Accounting and Finance
