Internship Report on Silk Bank 2016

Internship Report on Silk Bank 2016

PREFACE

This Report is specially meant for the student of MBA. It is concerned to a brief study of the operation, Function, tasks and services of Silk Bank of Pakistan. Banking play very important role in the commerce and economic development of a country. Now-a-days banks are using different modern technologies, which influence the managerial activities, that’s why I decided to do my internship Training in the bank. 

In preparation of this internship Report of Silk is have tried my best to provide all Possible information about the operation, function and tasks of Silk bank in brief and comprehensive form. It also includes a brief department worked during internship. I have also tried my best to use simple and easy words and language. 

Then internship report on silk bank ends with some recommendation after identification of some problems observed during the course of internship.

Acknowledgement

All praise is to Allah Almighty who granted me insight and devotion to perform such creative work. I am grateful to all those who helped me completing this internship report.  I am thankful to all members of Department of Business Administration, University for extending cooperation to enter Silk Bank as an internee.

Nature of the Organization

The main objective of the bank is to accept deposits and provide loans to its customers and also to be more efficient in providing services. The bank maintained its commitment to most efficient and personalized services to its customers. Silk bank of Pakistan introduced many remunerative schemes for its depositors and introduced computer services for the first time in the banking history of Pakistan. Silk bank gives advances to small, medium and big industries, commercial establishment, agriculture, construction companies and other needy persons. Silk bank collects electricity gas and telephone bills from public and over hundred branches of Silk bank Ltd. deal in foreign exchange were facilities are given to financial and commercial so its ultimate objective is to receive funds from the depositors and provides loans/credit facilities to different sector including trade, industry and agriculture in its most branches.

Business Volume

Description (in Million)	2011	2012	2013	2014	2015
Share Capital	3,848	3,848	5,002	9,003	9,003
Investments	12,465	15,829	17,859	12,012	20,179
Deposits	37,136	49,015	42,374	41,056	49,610
Advances	19,513	29,022	25,875	31,087	32,097

Foreign currency transactions

Transactions in foreign currencies are translated to rupees at the foreign exchange rates ruling on the transaction date. Monetary assets and liabilities in foreign currencies are expressed in rupee terms at the rates of exchange ruling on the balance sheet date except that certain deposits, which are covered by forward foreign exchange contracts, are translated at contracted rates.  Forward foreign exchange contracts and foreign bills purchased are valued at forward rates applicable to their respective maturities.  Non-monetary assets and liabilities are translated using exchange rates that existed when the values were determined. 

Table of Content 

Title	Page
Objectives of Studying the Organization
Overview of the Organization
History Of Silk bank
Nature of the Organization
Business Volume
Number of Employees
Product Lines & Services of Silk bank
Organizational Structure
Overall Organizational Structure
Organizational Structure of Silk bank  Branch
Various Departments of Silk bank
Structure of Finance/Accounts Department
Structure of Finance/Accounts Department
Finance & Accounting Operations
Role of Financial Manager
Technical Methods (Use of Electronic data)
Funds Management
Theoretical and Practical Concepts
Daily Schedule For Evaluate A Bank’s Money
Account Opening Procedure
Customer Privacy
Financial Analysis
Balance Sheet
Income Statement
Ratio Analysis
Horizontal Analysis of Balance Sheet
Horizontal Analysis of Income Statement
Vertical Analysis of Balance Sheet
Vertical Analysis of Income Statement
Organizational Analysis
Future Prospects of Silk bank
Weaknesses of Silk bank Conclusion
Finding and Recommendations
References

Note:  The internship report on Silk Bank has almost 70 pages. You can get soft copy only in Rs 1000/- only Serious students can contact us at vuaccess@gmail.com.