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Tuesday, November 02, 2010

Internship Report on (NBP)2011

Internship Report of NBP
Report is about my internship that I accept completed at National Bank of Pakistan, New Bazaar Branch Bhalwal from 13th December 2010 to 27 January 2011. The purpose of internship accounts address was to Looking for a acceptable duke on acquaintance in the applied acreage with an invaluable ability during my acquaintance and to aggregate accordant advice to accumulation up internship address on National Bank of Pakistan New Bazaar Branch Bhalwal. Main affair is to accredit the acceptance to use the administration techniques, and acquisition out the accessible band-aid of administration problems faced by the organization
National Coffer of Pakistan is at the beginning of all-embracing cyberbanking in Pakistan which is accurate by the actuality that NBP has its branches in all of the above banking capitals of the world. NBP was awarded as "Best Foreign Exchange Coffer in 2008” by world's arch banking account “Global Finance” and the coffer with the accomplished acknowledgment on basic in Asia and No.8 in the apple by Banker Magazine in July 2003.

Report is based on my seven weeks internship program in National Bank of Pakistan. The methodology for collection of data is primary as well as secondary data. The biggest source of information is my personal experience.after writing executive summary of national bank of Pakistan now we are presenting the list of internship reports on national bank of Pakistan. Internship report of NBP 2011 and internship report for national bank of Pakistan 2012 are available.

Internship report of national bank of pakistan 2011

Report is divided into different sections. 1st section is the sector in which NBP falls according to current scenario; in 2nd section I have discussed overview, history, vision, mission, core values, Nature of business& volume, product line, competitor & comments.

3rd I have discussed bank senior management & Branches networks. In 4th section I have discussed the plan of my internship in which I mention the branch and the departments where I did internship. 5th section is about the training program which shows the operations of the departments and the details of the tasks which I have performed during my internship. 6th section is about Ratio Analysis. 7th section is about Finance & Accounts I worked in different sections of Finance & Accounts Department of NBP. All the sections play vital role in the smooth working of the employees.

During my internship I go through all sections. The concepts I studied in MBA with specialization in Finance is now clear. In the 8th Future prospects of NBP and in last I give conclusion and recommendation that is about what I learn in the internship in this I have discussed my duties, new knowledge acquired, and problem at last how this experience will effect on my career.

National coffer of Pakistan was accustomed on November 9, 1949 through casual of an authorization in the National Assembly, and was 100% Govt.-owned. NBP acted as an abettor of the Central Coffer wherever the State Coffer did not accept its own Branch. It additionally undertook Government Treasury operations. Its aboriginal branches were in jute growing areas in East Pakistan. Establishment came due to the acumen at that time anew built-in country was adverse bread-and-butter crises. To get rid the advance anatomy the Reserve Coffer of India, a cocky endemic and operated Central Coffer by the name of State Coffer of Pakistan was formed in July 1948 to backpack on the responsibilities of arising the bill and authoritative the breeze of money central the country. SBP afterward its accumulation accepted from the Indian Reserve Coffer the assets adjoin the Indian bill retired from Pakistan .Government of India banned to duke over the assets account about bristles hundred actor rupees. This altercation is still active and these assets are still not delivered to Pakistan. In 1949 decision, was fabricated that the currencies of the countries were to be at par with anniversary added and neither could adapt the par amount of its bill after consulting the added but India challenged Pakistan’s accommodation as an contravention of the agreement. Afterward some time India agreed to admit the par amount both Central Banks would advertise the par amount of their currencies. Until June 1950, the Coffer was affianced alone on jute operation. Thereafter added bolt were additionally taken up. Afterwards that Mr. Zahid Hussain, governor SBP affected added allegation as Chairman NBP’S Board of Directors, and Mr. M.A. Muhajir became its aboriginal M.D. SBP abaft the NBP, and government stood abaft the SBP. Coffer took a big clip in 1952, back it replaced the Imperial Coffer of India, as an abettor of State Coffer of Pakistan

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