Friday, November 26, 2010
Internship Report Bank Alfalah Limited(Finance)
Internship Report Bank Alfalah Limited(Finance)
EXECUTIVE SUMMARY:
We know that Internship report is a vital part of conducting and pass in this course. The main reason is to have a practical experience. Definitely internship gives a student to obtain practical experience and perspective to the organization selected.. So the university has given me the task of learning the practical work. So I also did my internship in the Bank Alfalah Pindi I have exposure and practice to become familiar with ways of living in the environment of the organization is dramatically different learning environment.
This lab report is the profile of the banking sector (industry), its origin, and operation, how the banks are classified based on their function, and so the property and follow trends in the industry. In addition to the above, this report focuses on the Bank Alfalah to be more precise and discussing the internal details of the bank located in power. Bank Alfalah's origin and its configuration in Pakistan are also discussed in the report. Bank Alfalah Pakistan and he reached a new horizon banking sector, Bank Alfalah now has a foothold in the industry. The first Portion of my report is consisting on Bank Alfalah introduction, its product lines, competitors list and clients list.
After this, readers will able to read about Bank Alfalah All Department information. The major portion of my repot is financial ratio analyses, which have been done on bank Alfalah balance sheet. Most three years balance sheet have taken for financial analysis purpose. I have presented BAL financial ratio data in tabulation form with graph, necessary interpretation have also be written at the end of the each graph. After conducing various financial analysis, I have also write, future prospective of the organization, conclusion, according to my observation. At the end of the report, I have suggested some necessary recommendation for Bank Alfalah for improvements purpose.
INTRODUCTION OF THE BANKING SECTOR
We know that at a time of independence Pakistan faced very serous and stringent circumstances. They were numerous problems including economic instability, scarcity of resources, non-availability of trained personals and above all the settlement of thousand of people who migrated to Pakistan, but as the time witnessed. By the Grace of Allah and by massive hard work and effort we successfully overcame all these hurdles.
The underdeveloped banking sector was also one of the major Problems. In March 1947, there were 487 offices of banks situated in the area which now comprises Pakistan, but soon after independence may banks closed their branches and offices. On June 30, 1948 there were only 195 bank branches left in Pakistan. This situation posed a great threat to the economic Position of Pakistan.
At that time there were only 2 Pakistani banks namely Habib Bank and Australasia Bank. Rest of the bank either closes their business in Pakistan or greatly curtailed the scale of their operations. The SBP then took immediate actions to cure the Habib bank in all areas. It also helped in the formation of many other banks and institutions to support economic activities.
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Author: Mohammad
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