Askri Bank Internship Report

AIR UNIVERSITY, ISLAMABAD

Department Of Business Administration

Internship report on ASKARI Bank

Due Date: August 20, 2015

Internship Report On

Askari Bank Limited

F-10 Branch Islamabad

(026)

Submitted To:

Sir Bilal A.Chaudhry

Internship coordinator

Submitted By:

Ayesha Sarfraz

120019

BBA 7

Email:[e-mail]

Submission date: 17th Aug 2015

Internship Report

On

Askari Bank Islamabad

(F-10 Markaz)

Internship report submitted to the Teacher of Management studies Air University, to full fill the requirements of

BBA (Hons) DEGREE

In the Name of

Most Merciful and Compassionate the Most Gracious and Beneficent whose help and guidance I always

Solicit

Every student of BBA (Hons) School of Management has to undergo an internship program of six weeks in any organization to get experience to the real business environment.

The actual purpose of this internship program is to offer an opportunity to the students to observe the realistic applications of their background professional studies.

The report is a expression on my understanding when I was internee in Askari Bank Islamabad.

Purpose of the study

General Purpose

• To get association with banking operations.

• To see the application of our qualified studies especially.

Specific Purpose • A partial fulfillment as a requirement for the completion of BBA major in finance degree.

• To independently observe the procedure of Askari Bank Ltd in general and the operations.

• To make recommendations or implementation plans for the improvement of the operations of Askari Bank in the brightness of our professional studies.

Nature of the

HRM department

This department involve in managing functions of recruitment, staff training and evaluation.

International department

This department was involved in foreign trade traction .This department also manages corresponding and planning for abroad functions.

Clearing department

This department collects cheques, demand drafts pay order drawn upon other bank by the customer. Askari Bank as being owned by the army collects the salary cheques of army personnel and presents them to State Bank of Pakistan and upon realization credits the respective accounts of the army officers.

Foreign trade department

Askari Bank is authorized by the State Bank of Pakistan to deal in foreign currency. This department provides facility of foreign currency accounts to both Pakistani and Foreign citizens and also facilitates them in foreign trade. The for-ex department provides this facility through guarantee of import and export and letter of credits