ASKARI BANK INTERNSHIP REPORT 2012 PDF
INTERNSHIP REPORT ON ASKARI BANK LIMITED . the Bank had equity of Rs. which in turn has resulted in increased competition. 1. Lahore. This internship report includes a complete introduction, performance and financial analysis of the statements of the Askari Bank Limited. Internship Report 1 ALLAMA IQBAL OPEN UNIVERSITY Department of Business Administration INTERNSHIP REPORT ASKARI COMMERCIAL BANK LIMITED.
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This particular account is a current account which although does not offer any monetary return but offers a number of other useful options for both an individual investor as well as small businesses or corporations for that matter.
Before starting internship I use my knowledge about writing CV that I read in business communication and after starting I observed usage of internsship communication while communicating and writing business letters. All instruments received over the counter and from branches bxnk outward-clearing are entered in the Outward Clearing Sheet. Proper testing internshjp standards are used at the time of hiring and courtesy to those the workforce that results is a skilled and motivated one and the intersnhip high remuneration policy of the bank also ensures that the staff stays motivated not letting loose at any moment.
The pay-in-slip along with the instrument is passed on to the concerned authorized checking officer for his signature on the pay-in-slip and discharge. It requires a minimum deposit of Rs. Customer deposits reached Rs billion from Rs billion on December 31, HR department should be there to motivate employees and to train them.
Simply we can say to lend money bank need safety of its money.
In Credit Department Mr. I filled locker application form and made entry into locker operating register.
At the time of opening an account of customer they made preliminary investigation of customer because of following reasons: Agriculture finance service launch for farmers to improve their life style. Finally for all possible errors, omissions and shortcomings in writing of this report only we are responsible for which we hope that all concerning regards of this report will forgive us.
Lack of technical training: As an internee I got to work in four important sections of the bank namely deposits, bills and remittances, accounts and credit. Also the banks mobilize the savings of the people in to other projects, thus such series of further investment brings boom to the economy and open more jobs.
Internship Report on Askari Bank 2017 (New)
Secured finance is given against government securities e. Profit after taxation stood at Rs million which has realized a decline from previous year as the profit for was Rs million which is decreased by NIFT has data centre to provide services of cheque clearing, reconciliation, within city, intercity and inter branch clearing. I was guided about how to attach 24 reason memo or other banking slips with the cheque, how to reoort entry of cheques to be returned without payment and what is the use of different stamps.
Rural areas present a golden opportunity for any bank in Pakistan because development is taking place at a high rate and soon the areas which were once neglected bnak present golden business opportunities.
I also discuss in my report products and service, business volume, competitors, ratio analysis and future aspects of Askari Bank. Bank achieve sustain growth and profitability by optimizing usage of technology.
Internship Report on Askari Bank
In the corporate banking sector of Askari Bank Limited, the services offered are by the Corporate banking division and by the Investment banking division. I would like to give my best to the organization in which I work by realizing its goals.
One copy of schedule is received back from other banks representative after obtaining his acknowledgement. Current deposits improved by There are several different ratios, but the main factors looked at include debt, equity, assets and interest expenses. I am indebted to all my colleagues, friends, especially intefnship of the AKBL branch Sahiwal, without their help I would not be able to learn and perform well in the period of my internship learning.
Technological improvement through investment in internsjip.
The bank use the different technique to reach the target customer. Financial Guarantee Where the bank guarantees the fulfillment of a financial commitment on behalf of customer.
External factors that pose a threat to Askari bank limited are as follows: It allows gaining valuable exposure and provides opportunities for skill development and gives a competitive edge in employment.
These certificates are negotiable and askarri be transferred to third parties.