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The Bank of Khyber

The Bank of Khyber

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Published by: nocent_dvil on Aug 03, 2009
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06/22/2013

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 Internship Report On BoK 
CHAPTER # 1INTRODUCTION
INTRODUCTION OF BANK OF KHYBER 
The Bank of Khyber was established through an Act of NWFPassembly called, “The BoK Act, 1991, “passed in June 1991 the bank was formally launched on November 01, 1991.The Bank of Khyber initially started as a provincial Bank and later declared as Scheduled Commercial Bank by SBP in September,1994.The initial paid up capital of the Bank was Rs. 153 million,which has now been raised to Rs. 1 billion.
SCHEDULED BANK STATUS
Since 1994 the Bank of Khyber has come under the regulatoryframework of SBP, and operate as Scheduled Bank at the Nationallevel.While compliance with requirements and other regulatoryrestrictions had a negative impact on Bank’s profitability in 1995,however the ensuring growth in business expanded the profits of the bank reaching Rs 85 million in the year 1997.
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 Internship Report On BoK 
COMMERCIAL AND DEVELOPMENT
The Bank of Khyber is unique because is not only acts as acommercial bank but also strives to be a development bank throughits emphasis on financial support, especially to small and mediumsized businesses whose access to credits is not always easy.It has set up a project Finance Department and Micro Business andRural Development Department for achieving its objectives of encouraging and supporting small and medium sized businesses and bringing them into the mainstream and economic development.
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PURPOSE OF STUDY
The purpose of the study is to know the practical implementation of the theoretical knowledge, in an organization. The study on The bank of Khyber was carried out to find the answers to theshortcomings that were observed during the internship. Based onthe analysis and findings some recommendations are presented tothe management for improvement of its operations.Apart from this, the internship report is an important andcompulsory requirement for the Bachelor of BusinessAdministration Degree.
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 Internship Report On BoK 
SCOPE OF WORK 
The internship was done at Bank of Khyber, Head Office,Peshawar. The scope of the study is confined to a HRD departmentof the Bank of Khyber as I have spent time in Personnel andEstablishment department of the Bank of Khyber.The study basically includes area of management , HR department,and to develop the confidence, while interacting with highlyqualified personnel in the bank.
METHODOLOGY OF THE STUDY
The data/ information for the internship report was gatheredthrough different sources i.e primary as well as secondary, a detailof these is given below:
PRIMARY DATA
The interviews, discussions with management and staff members, briefings given by mangers, questionnaire filled by the staff and my personal observation during the internship were the sources of  primary data.
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