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In The Name Of Allah The Merciful The Compassionate
Com Finance) DEPARTMENT OF BUSINESS MANAGEMENT SCIENCE UNIVERSITY OF AGRICULTURE .Internship report on The Bank Of Punjab INTERNSHIP REPORT ON THE BANK OF PUNJAB PRESENTED TO:Abdul Malik MANAGER THE BANK OF PUNJAB Samnabad BRANCH FAISALABAD PRESENTED BY:Shaista Jabeen (Student of M. FAISALABAD -2- .
Sharif. and brother who supported me morally and inspired me to the higher ideas of life. Under whose proper guidance.Internship report on The Bank Of Punjab ACKNOWLEDGEMENT Praise be to Almighty Allah. (SBP) coordinators of IBP (Institute of Bankers Pakistan Karachi).Abdullah and Mr. its present shape. I am also grateful to the departmental heads of the bank especially operations related department. My gratitude also goes to all those friends who provided me any assistance in what so ever manner in the preparation of this study. I owe depth of gratitude to my affectioonate parents. I express my heartiest and sincerest sense of gratitude to respectable persons Mr. skillful suggestions and constructive criticism this work got Shaista Jabeen -3- . Abdul Malik manager of The Bank Of Punjab Samnabad Branch Faisalabad for allowing to me to do my internship and also providing me necessary assistant and guidance. I feel deep sense of gratitude to Mr. the most merciful and magnificent and to his Holy Prophet Muhammad (Peace be Upon him) who is forever a torch of guidance and knowledge for humanity as a whole.
Acknowledgment 2. Introduction 5. References and resources 3 5 7 8 9 10 10 11 11 -4- .Internship report on The Bank Of Punjab LIST OF CONTENTS 1. Organization’s profile 3. Limitations 9. Department Visited By Internee 6. Values 4. Aims & Objective. Expectations Not Met By Current Internship programmed 7. Analysis 8.
The bank strives to be a world class financial institution working on modern lines.880. Fifty one percent (51%) of the share capital is held by the Government of Punjab and the rest is owned by Pakistani individuals/firms and foreigners.000/.976 ordinary shares of Rs. The bank of Punjab is listed at Lahore and Karachi Stock Exchanges. -5- .851. So total paid up capital of the bank is Rs.000/-(RS.000 ordinary shares of Rs. 694.10.000.500.380.1. The BOP was given the status of scheduled bank by the state Bank of Pakistan on September 19.00 each as fully paid bonus shares).Internship report on The Bank Of Punjab Organization’s Profile The bank of Punjab was constituted in pursuance of the Bank of Punjab Act 1989 and it started working on 15Nov.(rs.00 each fully paid in cash).000 ordinary shares of RS. Its registered Head Office is situated at 7-Egerton Road. Issued subscribed and paid up capital of the bank is RS.750. 10. 157. 100. 157. 1994.000.000+694.000). 69. 1989. It aims at offering the financial markets of the global economy a unique system which would revolutionize the ethics and value system of the economic scenario of modern society.437. 10.000/-(Rs. Authorized capital of The Bank of Punjab as on 31-12-2005 is RS.000/-(RS.380. Lahore. 15.500. Shares issued for consideration other than cash are Rs.00 each).000.
-6- . debentures. discounting. the negotiating of loans and advances . the acquiring . certificates etc. The providing of safe deposit vaults the collecting. It is also engaged in the buying. receipts. drafts. BOP (commercial bank) is engaged in the borrowing.Internship report on The Bank Of Punjab NATURE OF THE ORGANIZATION A unit of service industry of Pakistan. selling of foreign exchange including foreign bank notes. lending and advancing of money. the receiving of all kinds of bonds. promissory notes. shares. accepting. warrants. selling. funds. the drawing. issuing on commission . collecting and dealing in bills of exchange. buying. debentures. bills of lading. valuables on deposit or for safe custody. making. underwriting and dealing in stocks.holding. and transmitting of money and securities.
Internship report on The Bank Of Punjab VISION STATEMENT To be a customer focused bank with service excellence. BANK’S VALUES Our Customers Integrity Excellence Respect other Recognition and Reward As our First priority In all our Dealings In Every Thing We Do Four customers and each For the talented and high performing employees For the prosperity of our Stakeholders that allows us to constantly invest. improve and succeed Profitability -7- . MISSION STATEMENT To exceed the expectations of our stakeholders by leveraging our relationship with the Government of Punjab and delivering a complete range of professional solutions with a focus on programme driven products & services in the Agriculture and Middle Tier Markets through a motivated team.
Lahore. The bank provides all types of banking services. Its registered Head Office is situated at 7-Egerton Road. financing trade and industry for working capital requirement and money market operations. The lending policy of the bank is not only cautious and constructive but also based on principle of prudent lending with maximum emphasis on security. opening of foreign currency accounts and handling of foreign exchange business such ad import and export and remittance.Internship report on The Bank Of Punjab Corporate Social Responsibility To enrich the Lives of the Community where we operate INTRODUCTION THE BANK OF PUNJAB is working as a scheduled bank with its network of 266 branches at all major business centers in the country .51%) of the bank are held by the Government of Punjab. The bank of plays vital role in the national economy through mobilization of hitherto untapped local resources promoting savings and providing funds for investment. The bank offers attractive rates of profit on all types of deposits. The majority shares(i. The bank has entered a new era of science and automation at the hands of its expert and professional management. -8- .e.
Entry of debit. A tidy job which require extra ordinary care and tolerance Provision of services for remittance of money.Ahmad Shiraz Saleemi.Customer Care 4. CASH DEPARTMENT REMITTENCE DEPARTMENT GENERAL BANKING OPERATIONS CLEARING DEPARTMENT CREDIT DEPARTMENT DEPARTMENT NAME CASH DEPARTMENT TIME SPENT (WEEKS) 01 WEEK TYPE OF LEARNING Receipts and payments of Cash and Receipt of Utility Bills ATTENDED OFFICER Mr.Types of clearing 2. Perfectly Lodgement and on the realization of the amount by the other bank credited the customer’s A/C. Account Opening 3.Representation of Dishonored cheques after the removal of past objection Mr Qaisar Naeem Butt Operation Manager -9- . credit vouchers in the system. REMITTENCE DEPARTMENT 02 WEEKS Entry remittance instruments the system preparation physical instruments of in & of Mr Qasir Naeem Butt Operation Manager GENERAL BANKING OPERATIONS 06 WEEKS 1.Lodgment of clearing 3. It’s a tough job if the banker makes a mistake in the Lodgement of Cheques and Cheque dishonor then he will be liable for this. Cash Officer OBSERVATION & COMMENTS Receipt & payment process of cash. 2. C. A wonderful job which updates the daily activities/transactions of their customers and other allied concerns of the unit in the relevant automation. E. D. B. On Line Banking Mr Qasir Naeem Butt Operation Manager CLEARING DEPARTMENT 01 WEEK 1.Internship report on The Bank Of Punjab DEPARTMENTS VISITED BY INTERNEE A. Updating of daily routine working with respect to posting/journalizing the Dr/Cr entries in the system. A sensitive job which demands extra care to safe guard the Institution’s financial interest apart from who availed the services from the Bank.
In the short span Of about 15 years. . as a financial institution. Requires proper expertise and dedication to safe guard the bank’s money lend to the public against security of paper/other collateral CREIDT DEPTT 01 WEEKS Understanding of documentation of Credit Proposals Glance at Financial Analysis of various SMEs Waheed Ahmad Credit Officer EXPECTATIONS NOT MET BY CURRENT INTERSHIP PROGRAMME Inadequate duration of Internship Full knowledge of automation Inadequacy of proper seating arrangement for internees due to narrow banking operational hall.10 - . ANALYSIS While making an analysis of The Bank Of Punjab. it become the fifth largest bank in the county with 266 Branches net work all over the country.Internship report on The Bank Of Punjab A good source of earning for the bank in conformity with the Institutional Credit Policy. wefind that this institution came into existence in pursuance of Bank of Punjab Act. 1989 passed in the legislative Assembly of Province of Punjab.
though the branch is automated yet required number of PCs etc has not been provided resultantly. Moreover. By having a glance over the current business of the branch. the same should immediately be shifted to some spacious building so that best banking services can be offered to the bank customers. Branch Manager and Mr. Same case is with furniture of the branch which has almost completed its normal life and required immediate replacement. Written:o Annual Report . Abdul Malik. Ahmad Shiraz Saleemi. and Mr. Qasir Naeem Butt Operation Manager. I have observed the following reservations:The Katchery Bazar branch is housed in small banking premises which does not suffice the requirements of visiting clientele as well as corporate clients of the Bank.11 - . Credit Officer. LIMITATIONS To go for internship in Foreign Trade due to bank’s policy. the staff has to wait their turn to accomplish their daily job. Short term internship duration REFERENCES AND RESOURCES Oral:Much oral information was provided by Mr.Internship report on The Bank Of Punjab While having an opportunity to go for internship at the branch.
Internship report on The Bank Of Punjab o Records o Internet .12 - .
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