Internship report of Allied bank Ltd Pk

Internship Report on Allied bank ABL 2015-2016

Allied Bank Limited is the first bank incorporated on the soil of Pakistan.  It was incorporated in Lahore before independence in 1942 as Australasia Bank and was renamed as Allied Bank of Pakistan Limited in 1974 and Allied Bank Limited in 2005. In August 2004 as a result of capital reconstruction, the Bank’s ownership was transferred to a consortium comprising of Ibrahim Leasing Limited and Ibrahim Group. Allied Bank Limited is the one of the top and renowned bank it has excellent reputation. In the wake of its success one of the most important factors, apart from its energetic management and prudent approach, is the QUALITY of its SERVICES, which gives it a great periphery over its competitors ABL is providing the most modern and technologically advanced services to it’s customers according to the customers need and demands, and hence the ABL is meeting the customers expectation very finely. BANK has always strived to facilitate its customers by introducing various high quality hi-tech services.

Today the Bank stands on a solid foundation of over 66 years of it’s existence having a strong equity, assets and deposits base offering universal banking services with higher focus on retail banking. The Bank has the largest network of on-line branches in Pakistan and offers various technology based products and services to its diversified clients through its network of 779 branches in over 300 cities and towns. The bank has in place the largest ATM network in the country with more than 502 ATMs in more than 145 cities and towns across Pakistan.

Nature of the Organization 

Allied bank recognize the pivotal role of its most valuable asset, its people. ABL wholly owned subsidiary of Allied bank, has established itself as prominent player in the asset management industry of Pakistan. Allied bank is engaged in providing commercial banking and related services in Pakistan and overseas. Allied bank is customer focused institution. It has developed a wide range of consumer products, to enhance business and cater to the different segments of society. Bank's services are available to individuals, corporate entities and government.

Customer Service Department:

This is the main department of the PAF branch. And this department is dealing with customer and provides them services of giving the information about the Bank’s products and Services. And also help the customer in different ways, also response to the complaint.

Cash Department:

This is also the very important and main Department of PAF ABL branch as this department is dealing in cash which come in the bank or goes from the bank. Cash is in different form of currency. Its basic function is dealing with Receipts and Payments.

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