Sunday, December 11, 2011
Internship Report on the Bank of Punjab (HRM)
Internship Report on the Bank of Punjab(HRM)
BOP is essentially a financial organization. The bank is concerned about the commercial banking and related services in Pakistan and abroad. The nature of the operations of the bank is different and unique from other banks / financial institutions working in Pakistan. Balance of payments is the largest commercial bank in Pakistan. After redefining its role has become a modern commercial bank rather than a public sector organization.
Bank services are accessible to people, the government and the business sector. It also deals with treasury operations of the Government of Pakistan as an agent for the State Bank of Pakistan (SBP in places where no presence). It has a diversified business portfolio and is now a front-end player in the market for debt securities, agricultural finance, corporate investment banking, retail and consumer banking, treasury services and are taking a growing interest in development of small and medium businesses. It is also fulfilling its social responsibilities as a corporate citizen.
BOP is a Governmental Organization. it implements the policies of State Bank of Pakistan as it is the agent of SBP. It deals all Government Revenue, collection and payments of salaries, pensions and also payments related to the Government Treasury. The bank also provides services as trustee to National Investment Trust (NIT) and Long-Term Credit Fund (LTCF)
FUNCTIONS OF HR DEPARTMENT
Data on the requirements of the BOP is usually measured on the basis of information obtained from feedback from various BOP sectors and regional offices. All this process has is usually done trough getting data from various branches. On the based on data collected from the feedback of the different branches, regional offices of the HRP is evaluated. It has been identified that Bank of the Punjab has its own email, through this bank communicate to their employees regarding to orders or notifications.
BOP HR Department operates
1. Enhance the skill of the existing employees
2. Responsible for new hiring and downsizing
3. Determine the objectives
4. Making strategic plan to meet the HR needs
How to Get Internship Report on the Bank of Punjab(HRM)
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Author: Mohammad
Mohammad is the founder of STC Network which offers Web Services and Online Business Solutions to clients around the globe. Read More →
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