Professional Documents
Culture Documents
mc070200390
MBA (Finance)
Askari Bank Ltd.
Khanewal Branch
Brief Introduction of the Askari
Bank
Date of Existence October 9 , 1991 by AWT (Army welfare Trust)
Started operations during April 1, 1992
Listed on KSE, LSE, ISE
Business volume
Assets over Rs. 206 Billion
Over 8 Lacs Customers
Competitors of the Askari Bank
National Bank of Pakistan
Meezan Bank Limited
Allied Bank Limited
MCB Bank Limited
NIB Bank Limited
United Bank Limited
Habib Bank Limited
House Building Finance Corporation
Khushhali Bank Limited
Organizational Hierarchy Chart
Training Program
Maintaining Database
Completing files of Clients those request for Loans
Providing necessary information about the loan
Checking accounts of the customer in the
computer data base to giving current information.
Computer Database Work
(Continue)
Account Opening department
How to fill the deposit Slip
How to fill the different accounts Form
How to fill the voucher for issuing of the
Cheque Book for the first time
How to fill the requisition slip for the second
time issuance
(Continue)
Account Opening department
Formalities for opening an account
How to issue the Cheque Book
How to enter it in the register
What are the procedures for the
issuing ATM card
Clearing Department
Responsibilities
1. Inward clearing
2. Outward clearing
(Continue)
Clearing Department
Inward Clearing
(Continue)
Clearing Department
Outward Clearing
Demand Draft.
Pay order.
Traveler's Cheque
Structure of Finance Department
Departmental hierarchy
First Level
Senior Agricultural Credit Officer (SACO)
OG1
Second Level
Agricultural Credit Officers (ACOs)
OG2
Third Level
Field Credit Officers
(Commission based staff)
Functions of Finance
Department
Accounting system of the organization
1. Advertisements
2. Sales Promotions Activities
Generation of funds
1.Sales of Shares
2.Fixed Deposits from Customers
Sources of funds
1.Fixed Deposits from Customer
2.Sales of Shares
3.General Banking Income
Allocation of funds
Managers
Stock Analyst
Credit Analyst
Balance Sheet 2008
Profit and Loss Account
Cash Flow Statement
Statement of Changes in Equity
Essential Financial Ratios for
2008
Current Ratio
Current Ratio = Current Assets / Current Liabilities
= 19,984,449 / 17,774,976
= 1.12
Working Capital
Technological Advancement
Facility for Illiterate people
Emphasize on Agriculture Sector of Pakistan
Closing White elephant branches
Threats
Economic Environment
Political and Legal environment
Threats from Competitors e.g. MCB
Conclusion