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Askri Bank Internship Report

Askri Bank Internship Report

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Published by Shahid Mehmood

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Published by: Shahid Mehmood on Oct 21, 2009
Copyright:Attribution Non-commercial

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10/20/2011

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INTERNAL ANALYSIS OF ASKARICOMMERCIAL BANK LIMITED
DEDICATIONWe dedicate this project to all thededicated staff Of Askari Commercial Bank.
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ACKNOWLEDGEMENT
By the grace of God and the most efforts of our group. Weare able to accomplish our project well in time. At thismoment we must pay special thanks to our guiders for their Cooperation and guidance that made us accomplishour Project. Also it is matter of great pleasure for us to put our efforts just in front of well esteemedOrganization i.e. Askari Commercial bank. Also we aregrateful to the staff of the bank, who showed a keeninterest and cooperated whole heartedly through out theentire course of activities.
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ASKARI COMMERCIAL BANK LIMITEDINTRODUCTION:
Askari Commercial Bank Limited is a division of Army Welfare Trust of Pakistan (AWT). It was incorporated in Pakistan on October 9, 1991, as a public limited company. It commenced its operation on April 1, 1992. AskariCommercial Bank Limited is a scheduled commercial bank and it works under the prudential regulations of the State Bank of Pakistan and is engaged in the business of banking, as defined in the Banking Companies Ordinance, 1962.The Bank is listed in Karachi, Lahore and Islamabad Stock Exchanges and itsshare price is currently the highest quoted from among the new private sector  banks in Pakistan currently 48% of its shares are held by AWT.Askari Bank has expanded into a nation wide presence of 98 Branches, andan Offshore Banking Unit in Bahrain. A shared network of over 1,100 onlineATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2005, the Bank had equity of Rs. 8.6 billion and total assets of Rs. 145.1 billion, with over 600,000 bankingcustomers, serviced by our 2,754 employees
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OBJECTIVES:
To achieve sustained growth and profitability in all areas of business.
To build and sustain a high performance culture, with a continuousimprovement focus.
To develop a customer-service oriented culture with special emphasison customer care and convenience.3

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