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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I did my internship at Askari bank limited Sialkot internnship it is located at Tariq road Sialkot cantt. Basharat Ali is working as Relationship Manager. The important one services of the customer service department is the ATM card facility to their customer.
Cheques drawn on our bank but are presented to another bank.
Leverage ratio used to calculate the financial leverage of a company to get an idea of the company’s methods of financing or to measure its ability to meet financial obligations.
It also served to mold me in a more professional and mature person then I was before. It is the fastest way of transferring money. Channelizing funds from the savers to ultimate users is the main function of commercial bank.
Officer of remittance department checks the information and sign it. In such situation this is advisable the banker should not open new accounts of unknown persons re;ort references regarding the integrity and responsibility of the purposed persons are obtained from respectable parties.
ASKARI BANK LIMITED Internship report. ASKARI BANK LIMITED Internship report.
I would like to express my gratitude to the branch manager and staff members of Askari Bank Limited who helped me and gave possibility to complete my report.
The bank provide the sales return according to their facilities which are provide by the bank to their customer. Askari bank also offers agriculture banking products and services. A current account is opened and the conduct of this account is kept under review for a period of three to six months. The Askari Bank showed good and marked performance during year Askari bank should increase their efforts in the field of trade and credit department a lot of opportunities is still in the market and this is the time to re launch its new products.
In this way bank gets money at a specific rate and invest in more profitable securities.
In near future benefits are expected in the form of improvement in service quality, customer offering, repor controls that will further reinforce the bank capabilities and readiness for future challenges. Askari Bank Limited was incorporated on October 9, and is playing a leading role in the banking sector. Some other tasks performed by this department are: Through the online the customers can get every thing while he is setting in his whom.
The balance requirements of this particular type of account range from a minimum of Rs. Currently the usage of credit card is limited to middle class only bahk has been a marked increase in the use of credit cards in Pakistan.
Internship Report on Askari Bank Limited
Bank is operating with branches in conventional banking as well as 34 Islamic banking moods of financing. To have cheque book customers shall apply for it. Arif Iqbal April 6, Reply. Internship Report on UBL This report is purely a work of mine, I didn’t opt for long details and a large number of pages.
I filled ATM and locker application form after making entries into register issued cheque books and ATM card to customers. Friday I did activity checking of daily GL movement accounts and customer accounts and write them on books and recorded them.
When a person enters into the bank with an intention to open an account banker must determine category of account customer wants to open with bank. Lack of training facilities: Instruments being used in credit department are promissory note, bills of exchange, letter of credit crossed, bearer, open and order cheque.
A through briefing followed by a vigorous routine are the characteristics of a banking job and my internship was no different where we were given large loads of work while keeping us motivated with learning throughout the course of our internship.
This organization helps in business, economy of the country and public in many categories. To non-Interest income 2. I am indebted to all my colleagues, friends, especially staff 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. This particular matrix system is very useful in managing the ever growing bank with surprising ease as it allows for a very clear chain of command without the problem of a confused power structure in which no one in certain what to do and whom to report to.
Internship Report on Askari Bank Limited – PDF Free Download
Ratio analysis is predominately used by proponents of fundamental analysis. Previously clearing house was used clearing house is a place where representatives of all schedule banks sit together and interchange their claims against each other with help of controlling staff of SBP if there is no branch of state bank the branch of National bank of Pakistan acts as controlling member but now NIFT has taken its place.
Gulzar Ahmed he told me about the working of this department and I learnt with great interest. I started from remittance department information about different categories of deposits, types of deposits with their duration, monthly profit rates and W. Determines whether loans should be obtained or surplus should be invested.