Internship Report

Zarai Taraqiati Bank Head Office, Islamabad

Submitted By: Irsalan Habib BBA-V (B) Session: 2010-2014 Supervised By: Mr. Wasim Abbas Shaheen

Quaid i Azam School of Management Sciences, Quaid i Azam University, Islamabad

ACKNOWLEDGEMENT

I thank GOD Almighty for giving me opportunity to learn theoretically as well as practically the knowledge of Business Administration. I appreciate ZTBL, Islamabad for giving me nice & friendly environment. I also acknowledge efforts of placement cell of QASMS and my respected supervisor Mr. Wasim Abbas Shaheen for their assistance. Without their help this report would not had been possible.

(Irsalan Habib)

EXECUTIVE SUMMARY

Banking sector plays very important role in the development of any country, and especially when it comes to specialized banks from public sector. ZTBL is specialized bank for agricultural development in Pakistan due to which poor farmers have great expectations from ZTBL and Government of Pakistan also have special concern for agricultural stability, production and development because 60 percent of Pakistans population is related to agriculture, and population growth is also one of the major aspect of governments concern. On 14th December 2002, under the ordinance of the Agricultural Development of the Pakistan 1961, ZTBL was incorporated as Public Limited Company.ZTBL offer many services for its customers which try to help the diverse and changing needs of a normal farmer of Pakistan. Some of the products & services are; loan schemes, agri. Machines, lockers. The main edge for ZTBL is being a public sector bank by which government support ZTBL in every possible way, recently government announced to restructure 80.4 million loan of ZTBL. The thing which makes business of ZTBL successful is being only specialized bank of its kind in Pakistan.

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LIST OF ABBREVIATIONS

Sr. No

WORDS

ABREVEATIONS

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12

ZTBL ADBP HO IBR KSSL SECP IDS SOP SVP SBP HR A&F

ZaraiTaraqiati Bank Limited Agriculture Development Bank of Pakistan Head Office Reconciliation Unit Kissan Service Support Limited Security Exchange Commission of Pakistan Illusion Detection System Standard Operating Procedures Senior Vice President State Bank of Pakistan Human Resource Accounts & Finance Division

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TABLE OF CONTENTS

Chapter 1: Organization Introduction 1. Organization Introduction 1.1 Corporate Vision 1.2 Corporate Mission 1.3 Nature of ZTBLs Business Chapter 2: Accounts & Finance Division 2. Central Accounts Department 2.1 Policy Unit 2.2 Accounts Unit 2.3 Tax Unit 2.4 Fixed Assets 2.5 Pre-payment Verification Unit 2.6 H.O Accounts Department (Head Office) 2.6.1Aims 2.6.2 Objectives

1 1 1 1 1 2 2 2 2 3 3 3

3 4

2.7 Payment Unit 2.8 Payroll Unit 2.9 Inter-Branch Reconciliation Unit 2.10 Employees Fund Unit

4 4 5 5

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2.11

Budget and Funds Management Department 2.11.1 Aims and objective 2.11.2 Functions

6 6 6 6 7 7 7 7 8 8

2.12 2.13 2.14 2.15 2.16

Budget Planning Unit Budget Analysis Unit Treasury Unit Funds Reconciliation Unit Regulatory & Reporting Department 2.16.1Aims and objectives 2.16.2 Functions

2.17

Reporting Process 2.17.1 Data Capturing 2.17.2 Consolidation 2.17.3 Data verification 2.17.4 Report generation 2.17.5 Submission

8 8 8 8 8 8

Chapter 3: Audit Division 3. Internal Audit Division 3.1 Aims 3.2 Objectives 3.3 Functions 3.4 Corporate Audit Department 3.4.1Aims 3.4.2 Objectives 3.4.3 Implementation and coordination unit 3.4.4 Post Audit Section 3.4.5 Management Audit Team - I &II v

9 9 9 9

10 10 11 11 12 12

3.5 Field Audit Department 3.5.1Aims 3.5.2Objectives 3.6 Information System Audit Department 3.6.1 Aim 3.6.2 Objectives 3.6.3 Functions 3.6.4 Database & Applications Audit Unit 3.7 Networks Communication Audit Unit 3.8 Policy, Coordination & Implementation Unit Chapter 4: Personal Working & Learning Experience 4. Personal Learning Experience 4.1 Joining and Experience at Accounts & Finance Division 4.1.2 Joining 4.2 Accounts & Finance Division 4.3 Audit Division Chapter 5: Analysis 5. SWOT Analysis 5.1 Strengths 5.2 Weaknesses 5.3 Opportunities 5.4 Threats

12 12 13 13 13 13 14 14 15 16 18 18

18 19 21 23 23 23 23 24 24

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Chapter 6: Findings Conclusions & Recommendations 6.0 Findings 6.1 Recommendations 6.2 Conclusions

25 25 25 26

IF YOU WANT THIS REPORT MAIL ME AT

kh.irsalan@gmail.com

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