7 Members of Board of Directors:

GROUP EXECUTIVES:

i. INTERNATIOANL AND OVERSEE BANKING GROUP

ii. CORPORATE PLANNING AND ORGANIZATIONAL DEVELOPMENT
iii. CREDIT POLICY AND COMPANY SECRETRY
iv. RETAIL BANKING GROUP
v. CORPORATE AND INSTUTIDE BANKING GROUP
vi. ASSET RENEDIAL MANGEMENT
vii. AUDIT AND GERNERAL INFORMATION

Organizational Hierarchy Chart:

Chairman
President & CEO
Member Management Committee
Group Head
General Manager
Deputy General Manager Band II
Deputy General manager Band I
Senior Manager Band II
Senior Manager Band I
Manager Band II
Manager Band I
Assistant Manager Band II
Assistant Manager Band I
Officer Band II
Officer Band I
Assistant

5.3.2 Number of Employees of Habib bank limited:

The total number of employees of Habib bank limited are almost 7300. Which provide product
and services to its customers. Habib bank limited is an opportunity for employees.

5.3.3 Main Offices

Habib bank limited has a largest branch in Pakistan with over 1,500 branches and 1,500 ATMs.
That is located in countries of Pakistan.
Head Office:

Habib bank limited plaza, II Chandigarh Road Karachi-75650, Pakistan.

5.3.4 Introduction of all departments:

Some departments on which Habib bank limited composed day to day banking:

 Deposits departments
 Clearing departments
 Remittance departments
 Human resource departments
 Information technology departments Assistant
 Foreign exchange departments
 Credit and administration departments
 Deposits departments

Particularly depositors’ deposit money in banks accounts for safekeeping. These deposits are
created account such as saving account, current account, checking accounts and to collect money
market accounts. Depositors’ deposits money in their account. The basic purpose of deposit
department of bank is to take money from lender and gave to the borrowers. Basically that
department create the link between the borrowers and the lenders. Depositors an asset of a bank.

Types of accounts:

Current account is an account that fulfill the Islamic requirement on which do not get the
interest. The Habib bank limited allow individual and business to deposits fund and withdraw
their money at any time. There is no any restriction of deposits and withdraw money. The
customer can withdraw the money when needed. The account of maintenance is minimum
amount is 5,000. The major benefit for the customers of that account there is no deduction of any
charges. But that account is benefit for bank. Because bank charge 18% of interest rate and that
interest rate goes to bank. Therefore, bank tries more current account than other accounts
because for their own benefit.
Eligible of all people for this account like individual, married unmarried and also people open
joint account. Those people who can open this account that has valid residentiary in Pakistan but
work in oversee countries.

Requirement of opening current account:

 Properly filled instruction A/C opening form.

 Attested photocopy of C.N.I.C/ passport of A/c holders

 Certified true copy of the certificate of commencement of business (in case of public
limited companies only).
 Verified true copy of the memorandum and articles of association (in case of limited
companies).
 Verified true copy of rules and regulations or by Laws (in case of association etc.).
 Verified true copy of the resolution of the Board of Directors/Managing
 Governing Body concerning conduct of the account.
Features
 The minimum balance of Opening A/C is 1,000.
 Do not get profit
 Do not get interest of that account
 There is no any restriction.

Clearing departments:

Every bank perform both function that includes the collection function and the other function is
paying. The main purpose of that departments is to facilitate the customers. Habib bank limited
provide clearing house facility. Clearing house is place where all representatives of the city are
combined together to meet the receipts and payment check on each other’s bank. Clearing house
performs function when HBL account holder deposits cheque to the branch of the same bank or
the other bank to other branch or any other bank on which the instruments are drawn and having
no involvement of cash via state bank clearing house. Four types of clearing that involves
inward clearing, outward clearing, intercity clearing, same day clearing.

Clearing at NIFT:
NIFT bank is an organization that perform the clearing process and resolves the documents. The
copy of document is sent to the payee bank. All reports are create under NIFT like clearing
schedule inter branch and inward clearing. Responsibility of NIFT bank is that to clear the
position of bank and the position of branches. State Bank of Pakistan see all the clearing position
of all statement which is presented by NIFT bank.
Advantages of clearing:
 Book entries are important.
 Free of theft.
Remittance departments:
Remittance department related to information technology that perform the activities of online
transactions. This department is beneficial for the customers and employees such as time
consuming, less cost and get rid of theft that is facing in physical transportation of money.
Remittance means is to transfer money through online from one city to another. Most commonly
used instrument for the remittance purpose that are involves:
 Pay order
 Demand draft
 Pay slips