Internship Report Of MCB (Marketing) AIOU
The MCB was established one month before the independence in June 1947 first head quarter in Calcutta and after independence it was shifted from Calcutta to Dhaka and afterward its Head quarter was shifted from Dhaka to Karachi in 1948.
Among the opposite twenty two scheduled banks with 3525 branches network nationalized on 01st January, 1947through the nationalization of Banks Act, 1974 underneath the nationalization policy of the govt.. MCB was additionally nationalized and at that point of nationalization Premier Bank was united in M.C.B LTD in 1974.
After the failure of the communism, it had been completed tho' the globe the concept of nationalization wasn't correct and has no any positive effects on economy. this idea developed particularly in 1980 decade underneath that in sub-continent of Asia its importance was additionally completed. In Asian country Privatization and de-regulation policy was started in 1998 underneath this policy the primary unit privatized was M.C.B, with a read to stable the economy and to scale back the burden on national funds of different sick units.
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