Internship Report Munir

8/4/2019 Internship Report Munir

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INTERNSHIP REPORTON

(The Bank of Punjab)Specialization in Finance

Submitted To

The ChairmanDepartment of Business Administration

Submitted By

Name: Munir Ahmed

ID : mc090206095

Session: 2009

2011


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DEPARTMENT OF BUSINESS ADMINISTRATION

Alif Laam Raa. A book which we have revealed to you (Muhammad)

So that you may lead the people from out of the dark nesses into the light

by their Lord's leave to the path of the All-Mighty, the Praiseworthy.(Qur'an 14:1)


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1. Dedication 8

2. Letter of Undertaking 9

3. Internship Letter 10

4. Acknowledgment 11

5. Preface 12

6. History of banking 13

6.1 Nationaliza tion Of Bank 14

6.2 Public Sector Commercial Bank 15 6.3

Local Private Bank 15

6.4 Foreign Bank 15

6.5 Special ized Bank 16

7. The bank of Punjab 17

7.1 Vision Statement 17

7.2 Mission Statement 17

7.3 Core Values 17

8. HISTORY OF BOP 18

9. Awards And Achievement 19

9.1 Excellence Award Of By the CBR 19

9.2 3rd

Kissan Time Award 199.3 Best Corporate Report Award 19

9.4 16 th Bolan Excellence Award 19

9.4 Achievement Award 19

10. Major customer of BOP 20

11. Punjab Government show faith on BOP 20


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12. Branch Network of BOP (Fig) 21

13. Hierarchical Flow 22

14. Board Of Director 23

15. The Bank Of Punjab Darya Khan 24

15.1 Departments 24

15.2 Business Volume 26

15.3 Duration Of Internship 26

15.4 Department Visited By Internee 26

16. General banking of the Punjab 27

17. Deposit Department 27

17.1 Nature Of Deposits 28

17.2 Current Deposit 28

17.3 Saving Deposit 28

17.4 Short Notice Term Deposits 29

17.5 Call Deposit 29

17.6 Term Deposit Receipt 29

18. Opening an Account 29

18.1 Account Opening Procedure 30

19. Clearing Department 31

19.1 Clearing 31

19.2 Outward Clearing 32

19.3 Inward Clearing 32

19.4 Reserves At State Bank 32

20. Remittance Department 33

20.1 Types of Remittance 33

21. Demand Draft 3321.1 Procedure 33

21.2 Parties Involved 34

22. Mail Transfer 34

22.1 Procedures 35

23. Telegraph Transfer 35


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23.1 Procedure 35

24. Pay Order 36

24.1 Procedure 36

25. Account Department 37

25.1 Manual Function of Account

Department 37

25.2 Types Of Vouchers 37

25.3 Cash Book 38

25.3 Maintaini ng and Updating Legers 38

25.4 Computerized Function of Account 38

Department 38

26. Bills Department 40

26.1 Outward Bil ls for Collection 40

26.2 Inward Bills for Collection 40

26.3 Outward Documentary Bills for

Collection 41

26.4 Inward Documentary Bills for Collection 41

27. Advance and Credit Department 41

27.1 Principles Of While Advancing 41

27.2 Forms of Lending 2

27.3 Running Finance 42

27.4 Demand Finance 43

27.5 Advances against Immovable Property 43

27.6 Agriculture Scheme 44

27.7 Business Promotion Scheme 45

28. Services 4528.1 Commercial Banking 45

28.2 Cooperate and Investment Banking 45

28.3 Cash Management Services 47

28.4 Uti l i ty Bil ls 47

28.5 Lockers 48


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28.6 ATM 48

28.7 Online Banking 48

28.8 Locker 48

28.9 Demand Draft 48

28.10 Letter Of Credit 49

28.11 Pay Order 49

28.12 Mail Transfer 49

29. Financial Analysis 50

29.1 Importance of Financial Analysis 50

30. Ratio Analysis for Last Three Year 51

30.1 Liquidity Ratio

30.2 Current Ratio

30.3 Acids-Test Ratio

30.4 Leverage Ratio 52

30.5 Debt to Equity 52

30.6 Debt to Asset 53

31. Activity Ratio 53

31.1 Receivable Turnover 54

31.2 Total Asset Turnover 54

32. Profitability Ratio 54

32.1 Net Profit Margin Ratio 55

32.2 Return on Asset Ratio 55

32.3 Return on Equity 55

33. Market Ratio 55

33.1 Earning Per Share 56

33.2 Other Financia l Ratio 5634. Horizontal Analysis for Balance Sheet 56

35. Vertical Analysis for Balance Sheet 57

36. Industry Analysis of BOP with Other Firms 58

37. Business Volume 59

37.1 Analytical Comments 60


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37.2 Trend Analysis Fig 61

37.3 Graphical Presentation 62

38. SWOT Analysis 63

38.1 Strength 64

38.2 Weakness 64

38.3 Opportunities 64

38.4 Threats 65

39. Pest Analysis 65

39.1 Political Factor 67

39.2 Economical Factor 69

39.3 Social Cultural Factor 70

39.4 Technological Factor 71

40. Suggestion for Removing Weakness 73

40.1 Internal Controls 73

40.2 Professional Training 73

40.3 Delegation Of Authority 73

40.4 Performance Appraisal 73

40.5 Transfer 74

40.6 Need Of Quali f ied Staff 74

40.7 Credit Card Facility 74

40.8 Decreased Administrati ve Expenses 74

40.9 Should Be Aggressive In Credit Policy 74

40.10 Technological Improvement 74

40.11 Staff Relationship 75

40.12 Favoritism And Nepotisms 75

40.13 Marketing Policy 7540.14 Avoiding Bad Debts 76

41. Recommendation for Student 76

41.1 Working in Different Department 76

41.2 Relationship between Theory 76

and Practice 76


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44. Conclusion 78

REFERANCES & SOURCES 79

45. Annexes 80

DADICATED TO


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OUR HOLLY PROPHET HAZRAT

MUHAMMAD (PBUH)


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ACKNOWLEDMENT

By the grace of almighty Allah, I have been able to compile my report. Without His help,

I cannot accomplish any objectives in our lives. The omnipotent Allah bestows this

ability, knowledge, strength and competence required for this report to me as boons.

Special acknowledgement for our respected Instructor Fin 619 in charge internship

program that provide this learning opportunity to complete our internship program and

have a great practical experience in the one of the most popular bank of Pakistan The

bank of Punjab .

I am really thankful to all the people who guide and help me for the completion of

internship program and to learn there and to make such report.

I am greatly thankful to all there for their guidance,

Mr. Javeed Hussain Khan Branch Manager

Mr. Anwar Yasir Operation Manager

For their corporation, guidance, information and the necessary records he provided me for the

training and preparation of this internship report.

Munir Ahmed

MBA Finance


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PREFACEThe Important principle of work almost exists in every professional field. Practical

knowledge makes man a technical person and enables him to do work promptly regarding

his profession. According to ROGER SACHEMit is costly wisdom that is bought by

experience

The very distinctive feature of the degree ofMBA is that it stress more on the practical

aspect of the study, and observe the software and working environment in which

organization doing work. How these software are helpful for organization or it is

compatible with their work, Are the employees satisfied and easy to operate these

software. Because we emphasize on these aspect and develop our capabilities in this

field. The main purpose is to have some practical knowledge and experience of business

especially.

Internship Report Munir

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