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INTRODUCTION
The Bank of Punjab was established in 16 November, 1989 under. The Bank of Punjab act 1989. the first Branch which opened was the Main Branch Lahore. In 1989 BOP was mended as a non scheduled bank on in the province of Punjab.
In beginning the main deposits were the government. Because it was openedto support the government of Punjab. In 1994 the BOP was converted into a scheduled Bank it opened its Branches in allover the country. To day they established 251 Branches allover the country as: CITES Province in Punjab Islamabad Queta Karachi A.J. Kashmir Peshawar Total Branches: -

NO. OF BRANCHES
237 2 3 3 3 3 251

The total numbers of staff of BOP is approx. 4000 most of the employees are master degree holder and are highly qualified and has working. In the beginning the main area of procurement of deposits were the government based organizations. The reason being that, it was opened to support the government of Punjab. It quickly expanded its operations in the city of Punjabby opening branches through out the province. Approximately one branch was opened a day. The strength of branches in the province of Punjab is 237. In 19th Sept 1994 the Bank of Punjab was converted into a scheduled bank, The permission being given by the Government of Punjab. After being converted into scheduled bank it opened its first branch in the city of Islamabad(Blue Area ) on the date 19th Sept 1994. now the

total number of branches is 252. being towards the roads of prosperity and establishment BOP expanded its network throughout the country the details of branches are as under. The total number of staff of BOP is approx. 4000. The staff of BOP is highly qualified and hard working. Most of the employees are Master degree holder. If we highlight the fact of network BOP is the 6th largest among both the local & foreign banks, in the last years ratings it was at 7 th position among the top ten banks inPakistan. Bank earned a pre Tax profit of Rs. 124.739 million and the deposits of the Bank Rs. 15,014.100 million as on 31-12-1999. The Banks paid-up capital in 1999 Rs. 851.880 million. Macro economic management is the major concern of an economy. InPakistan over a long period of time, the gaps in saving and investment and balance of trade deficit have become the serious problem to achieve the desire level of growth. The Bank of Punjab by the grace of ALLAH has the privilege to discharge its responsibilities to words national progress and prosperity with in the little period if its scheduling.

he Bank of Punjab started functioning with the inauguration of itsfirst branch of 7-Egerton Road, Lahore on November 15, 1989. The architectof the bank Mr. Nawaz Sharif then, the Chief Minister of Punjab, performedthe inauguration.I n P a k i s t a n , o v e r l o n g p e r i o d s o f t i m e t h e g a p i n s a v i n g a n d investment and balance of trade deficit has posed serious threat to the targetlevels of growth The ailments related to the budgetary deficit and publicdebt, both foreign and domestic are in addition. Interestingly even suchadverse circumstances growth of real sector duri ng the preceding year registered a favorable change, which speaks of hidden potential and strengthof econom Fortunately, the banking sector of the country has the well organizedand properly institutionalized system, which is the major vehicle not only for mobilization of resources to finance trade, agriculture, and industry but alsofor the

effective conduct of monetary policy.The emergence of new bank on the national scene in the early 1990shas done two important services to the nation. The saving base of the economy has effectively enlarged and hencethe investment opportunities have increased. The services of the banks in the fact of severe competition haveimproved considerably so that now consumer are left with extensivechoice to do or undo their business relations with these banks keepingin view quality of their services The Bank of Punjab Fortunately, the banking sector of the country has the well organizedand properly institutionalized system, which is the major vehicle not only for mobilization of resources to finance trade, agriculture, and industry but alsofor the effective conduct of monetary policy.The emergence of new bank on the national scene in the early 1990shas done two important services to the nation. The saving base of the economy has effectively enlarged and hencethe investment opportunities have increased. The services of the banks in the fact of severe competition haveimproved considerably so that now consumer are left with extensivechoice to do or undo their business relations with these banks keepingin view quality of their services.The Bank of Punjab is working as a

scheduled commercial bank withits network of 243 branches at all major business centers in the country.The Bank provides all types of banking services such as Deposit in LocalCurrency, Client Deposit in Foreign Currency, Remitt ances, andAdvances to Business, Trade, Industry and Agriculture. The Bank of Punjab has indeed entered a new era of science to the nation unde xperience and professional hands of its management. The Bank of Punjab plays a vital role in the national economy through mobilization of hitherto untapped local resources, promoting savings and providing fundsfor investments. Attractive rates of profit on all types of deposits,opening of Foreign Currency Accounts and han dling of ForeignExchange business such as Imports, Exports and Remittances, Financing,Trade and Industry for working capital requirements and money marketoperations are some facilities being provided by the Bank. The lending policy of Bank is not only cautious and constructive but also based on principles of prudent lending with maximum emphasis on security. Asagriculture is considered as backbone of our economy the Bank of Punjabhas introduced "Kissan Dost Agriculture Finance Sc heme" to smallfarmers.The Bank of Punjab has the privilege to discharge its responsibility The Bank of Punjab experience and professional hands of its management. The Bank of Punjab plays a vital role in the national

economy through mobilization of hitherto untapped local resources, promoting savings and providing fundsfor investments. Attractive rates of profit on all types of deposits,opening of Foreign Currency Accounts and han dling of ForeignExchange business such as Imports, Exports and Remittances, Financing,Trade and Industry for working capital requirements and money marketoperations are some facilities being provided by the Bank. The lending policy of Bank is not only cautious and constructive but also based on principles of prudent lending with maximum emphasis on security. Asagriculture is considered as backbone of our economy the Bank of Punjabhas introduced "Kissan Dost Agriculture Finance Sc heme" to smallfarmers.The Bank of Punjab has the privilege to discharge its responsibilitiestowards national progress and prosperity. Within the couple of years of its scheduling, the bank has not only carved out for itself prominent nichein the mainstream banking of the country but in certain areas it has thedistinction of taking the lead. In the short span of time the Bank has beenable to evolve a distinct corporate culture of its owned-based policies,which are realistic and are on highly professional footings Vision statement "To be a customer focused bank with service excellence" Mission statement To exceed the expectations of our stakeholders by leveraging our relationship with the Government of Punjab

and delivering a complete range of professional solutions with a focus on programme driven products & services in the Agriculture and Middle Tier Markets through a motivated team Core Values Our Customers as our first priority Profitability for the prosperity of our stakeholders that allows us to constantly invest, improve and succeed Corporate Social Responsibility to Enrich the lives of community where we operate Recognition and Reward for the talented and high performing employees Excellence in everything we do Integrity in all our dealings Respect for our customers and each other Objective The Bank of Punjab being a commercial bank performs all thosefunction as are attributed to such banking institutions both in the areas ofesources mobilization and investment. It is providing fun ds for commerce, trade, industry, and agriculture but its main emphasis is onaccelerated development of agrobased industry. So the main objective of the bank is to channelize the resources into sectors, which have sufferedfrom neglect. Other objectives included.1.To provide speedier services to the common man.2.To

provide the highest rate of return to the shareholders by achievinggood profitable growth.3.To enter into financing contracts and to mobilize resources in localand now in foreign currencies consistent with the objects of the bank. Organization structure Management Hierarchy Categories of Services Division and Departments Regions Swot analysis STRENGTHS Bank of Punjab offers offers low mark up on car leasing and on house financing Bank of Punjab offers easy terms and conditions to its customers It tried its best to overcome energy crises by introducing bop solar scheme which carries only nominal interest rate It has one distinction over others bank that it has biggest portfolio of car leasing as it offers almos 30000 car while others bank normally has portfolio of 7000 to 8000 cars. WEAKNESS As it is a government bank so no consistency in its rules and regulations.

As compared to private banks its it infrastructure is not so devolped. OPPOURTUNITIES Being a government owned bank it has good reputation Due to good reputation It also enjoys great confidence of customers about their deposits. THREATS Due to low salary packages competent staff are switching towards private organizations who are offering handsome salary packages As competent staff is switching so in near future bank will face scarcy of competent staff which cause a pressure on other staff and also no replacement of it infrastructure bank will lose business in long run.

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