This internship report of Bank Alfalah Limited Bahawalpur where I spend 06 weeks in almost all departments of bank. I worked with all staff of bank. Internship Report on Bank Alfalah – Free ebook download as Word Doc .doc), PDF File .pdf), Text File .txt) or read book online for free. BANK ALFALAH LIMITED Internship Report submitted to the Faculty of Management & Administrative Sciences in Partial Fulfillment of the Requirements for the.

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I certify that I have read report Bank Alfalah Limited in detail and in my opinion this work meets the criteria for approving a project submitted in partial fulfillment of the requirements for the Masters Degree at Institute.

I am very thankful to Allah Al-Mighty for enabling me to carry out this successful project and also to Faculty of Institute of Management Sciences, who has aided me and given me enough skill and knowledge to reach this level of being able to write my own project.

Assignment Point – Solution for Best Assignment Paper

Internship is the one of the crucial part of the MBA course and this provide the practice knowledge of what students read about business in their books. Internship report internsbip prepared on the basis of full fledge analysis of an organization. As this is the only field experience that students before entering practically into the market. Working at Bank Alfalah is the great experience.

This internnship and practical experience was the thing which helped us in completing the internship report. I am working in Bank Alfalah for one and half year.

I tried my best to present something practically from this opportunity. After restructuring of the bank the objectives of the bank are changed. Now it has objectives to overcome past mistakes, realize the real importance of customer so now it has main objective to achieve customization. The bank should give attention to this drawback.

But bank has lot of opportunities to improve its quality of services, and do efficient banking. Bank should give proper attention to overcome its threats. Following privatization, Bank Alfalah emerged as new identity of Habib Credit and Exchange Bank with a revived purpose and commitment.

Charged with the strength of Abu Dhabi consortium and under the leadership of his Highness Sheikh Nahayan Mubarak Al — Nahayan, internsip bank has already made significant conditions in building and strengthening both corporate retail banking sector in Pakistan. Assessment of the needs and wants of the customers is an on going process at Bank Alfalah, which helps to continually develop new products and services.

To continuously offer courteous, professional and advanced banking solutions, the team of bank has recently been rejuvenated by going through training programs with a focus on information technology. Bbank make their banking solutions become accessible to more and more people, they have embarked upon a rapid expansion program, aiming to provide a networking that makes the services available to any of their customers in all the major urban centers of Pakistan — with a view to go international in the future.

With their key indicators of progress already soaring to new heights, the bank is committed to dedicate all its energies, hank and time to bring higher value and satisfaction to their customers, employees and shareholders.

The graph of bank is going up and up every year.

The ratio internsship profit is increasing at good percentage. Thy bank is serving the people at high level of standard by going according to the wishes of the customers. BCCI has its branches in 74 different countries of the world. It had its 3 branches in Pakistan.

Inthe BCCI was banned, when it feport accused by European countries that the bank was involved in some illegal operations with Gulf countries. Therefore, the bank was closed due to international pressure. Following the privatization in JulyHabib credit and Exchange Banned assumed the new identity of Bank Alfalah on February 25, The development of various sectors jnternship Pakistan.


The bank has already made significant contribution in building and strengthening both corporate and retail banks sector in Pakistan. Assessment of the needs and wants of customer is an on going process at Bank Alfalah, which help to centennially develop alfqlah products of services. Designing the product portfolio in response to royal patriot, royal reort, Alfalah car finance, Alfalah rupee traveler cheques, home loans are prime example of quality innovation providing timely banking opportunities to customer.

To continuously offer courteous, professional and advanced banking solution the team of bank has recently been rejuvenated by going bbank training programs with focus to information technology.

With their key indicators of progress a steady soaring to new heights, the bank is committed to dedicate all its energies, resources and time to bring higher value and satisfaction to their customers and employers. The graph of the bank is going up and up every year. The ratio of profit is increasing at a good percentage.

The bank is serving the people at high level of standard by according to expectation of customers. Bank Alfalah has grown The Bank netted record pre tax profit of Rs. The deposits of the Bank rose to Rs. The Loans and Advances figure stood at Rs.

Bank Alfalah Internship Report – Bohat ALA

Bank Alfalah continually endeavors to develop a wider spectrum of rrport financial products based on consumer needs. The Alfalah Visa Card has been recognized by the Visa International as the first credit card in South Asia to have crossed theth mark in the shortest inteenship. Alfalah Car Finance is another market leader offering superior value and convenience to its clients. Financing scheme launched by the Bank offers great potential of becoming yet another important product of the Bank.

Phone Banking was launched with a view to establish a more direct contact with our clients. This support centre has greatly facilitated the overall sales efforts of the Bank.

Alfalah has emerged as one of the leading commercial banks in the financial sector of Pakistan. A depressive interest rate environment has spurred the competition for scarce banking assets in local financial industry. While Bank Alfalah remains a key player in the market, however, it treads with caution so that alfalab quality of its credit portfolio is not compromised.

The Bank has employed a proactive approach in the form of a well-designed and transparent credit approval process. This process benefits from an inherent system of checks and balances at ijternship level.

Bank Alfalah offers high quality service to its foreign trade clients. Customers are assured of efficiency and timeliness when dealing with their overseas counterparts. Our clients enjoy the benefit of our well integrated global correspondent-banking network giving them greater global reach. This comprises more than financial institutions all over the world signifying the favorable reputation that Bank Alfalah enjoys globally as a stable and responsible banking institution.

The imports figure of Rs. The Bank has also been fairly active in the inter-bank market and enjoyed substantial lines of credit.

The Treasury Division added significant profitability to the Bank through its intuitively priced transactions and proactive strategies for both investment and realization of capital gains. These ratings are indicative of a very high credit quality and low potential for credit risk. These ratings have been awarded on the basis of a steady improvement in organizational performance, augmentation in equity base and increased sponsor backing.

Development of professional skills and knowledge of the employees is essential for the efficient functioning alfalau any organization. At Bankk Alfalah appropriately designed policies and practices have been instituted to achieve this strategic objective. Our intternship training centre at Karachi remains indispensable in unternship valuable training to all our team members. This has become especially important considering the pace of change that the banking industry is exposed to.


Consequently training ensures that change is successfully navigated to discover potentially beneficial opportunities that can be transformed into direct gains for the Bank and its customers. This also positively impacts the confidence levels of our employees translating into better job performance and satisfaction. During the year we aim to establish a similar training and development facility in Lahore, Pakistan.

Our ibternship is to be a leading financial institution, with a niche in areas where we have a competitive advantage with complete banking solutions. Our focus is on improving performance in each of our businesses to achieve consistent and superior returns for our highly valued clients and stakeholders. Our mission is to maintain competitive edge in quality banking, customer service and profit performance.

Our activities are geared towards making Bank Alfalah a responsible corporate citizen. We will continue to strengthen our position as the leading provider of quality financial services in Pakistan. The auditing procedures are used to check and verify performances and bannk of all the staff, at branch level, at higher level, and also to see the target levels and benchmarks that we are supposed to achieve from our sales etc because of our customers. We use them for compliance unternship verification.

They are used especially for risk management. The procedures are set keeping in mind the SBP regulations. But the internshkp auditing we carry out is through budgeting, through the budgets we check how we are performing especially from top down level. Bank Alfalah Limited is an established bank.

It has some special features with the help of those it is growing rapidly. As the work environment plays a great role in this competition age, so the bank has good work environment.

All the people work with cooperation; managers are so kind that each problem can be discussed with them. Employees at Bank Alfalah are quite efficient.

They work more than their working hours and it is all according to their will. It also shows their loyalty, commitment to organization. All the customers are entertained individually. Same kind of behavior and attention is given to all the customers. Getting ideas for improvement from customer side is a new idea and ihternship is working very well in Bank Alfalah Ltd. All the customers are asked to fill a suggestion form and the standards of the bank are improved through them.

Employees are given the benefits like bonus, gratuity funds, loans, increments, house rent, medical and conveyance allowances. In bank, all the work is done remotely. All the entries are made using the systems which are internally and externally integrated.

This increases bxnk of the bank. Bank Alfalah through its intership to provide superior and improved services erport its valued customers, has unveiled a nationwide network of ATMs. For customer convenience, customers now have access to instantaneous cash availability, 24 hours a day, 7 days a week. ATM network is geared up to exploit the latest technology, and is equipped to meet the highest standards of security and efficiency. With new ATM card you can now:. Bank Alfalah algalah pleased to introduce 27 state of the art ATMs, deployed at the most convenient and accessible locations.

Bank Alfalah now offers the facility of on-line banking to its customers through its countrywide network of branches.