Professional Documents
Culture Documents
ON
HABIB BANK LIMITED
HAJIWALA BRANCH GUJRAT
SUBMITTED TO:
SIR AHSAN MUKHTAR
SUBMITTED BY:
ABIDA IRFAN
B.COM(Hons)
ROLL NO: 13024854-060
SESSION: 2013-2017
ACKNOWLEGEMENT:
Nobody can say that I am flawed everybody ought to concede that without the
assistance of ALLAH and his kin a man can't get anything so I front my head before
Almighty ALLAH with appreciation. I am additionally extremely appreciative and
salute my Presents or numerous person who have helped me in molding this report . I
am also thankful to the staff of Habib Bank Limited. I am also thankful to the branch
manager Mr. Shamas and other staff members operational manager Mr. Yousaf ,
cashier Mr. Zulfiqar Ahmed and bancassurance employee Miss Faiza Zulfiqar thats
help me in my report. All staff members provide me opportunity work in good
environment.
Table of the contents Page
Acknowledgment
Executive Summary
Objective of the report 01
Scope of the work 01
Introduction of bank 02
History of HBL 02
About HBL 03
Privatization 04
Vision 05
Objective of HBL 05
Values of HBL 06
Mission 07
Goals of HBL 07
Rule of HBL in banking sector 08
Policy of HBL 09
Organization structure 10
Division of office 11
Board of Directors 12
General Banking Department 15
Account opening section 15
Deposit section 16
Cash Department 27
Clearing section 29
Remittance section 31
Other service 32
Advance of HBL 34
Function of HBL where I did my internship 36
Account opening section 36
Clearing section 37
Remmitance section 37
SWOT Analysis 38
Internal Analysis 38
Strength 38
Weakness 39
External Analysis 40
Opportunities 41
Threats 41
Financial Ratio 42
Observation 45
Conclusion 46
Recommendation 48
References 49
EXECUTIVE SUMMARY:
Each students of Business Management at UOG has necessary
responsibility to do the6 weeks internship in well supposed organization.The reason
for this program is to present the understudy with down to earth use of hypothetical
idea to them during doings of their B.COM (hons), BBA and MBA program. Report
starts with the topic evolution of banking. "Bank" is said to have been gotten from the
words Bancus or Banque or Bank. This history of managing an account is followed to
as right on time as 2000 B.C. Discussing business saving money in Pakistan It was
exceptionally troublesome for Pakistan to develop its own Banking framework
quickly after autonomy without adequate assets. By 30th June 1948 the quantity of
timetable banks in Pakistan declined from minor scratch.Today there are more than
7000 branches of business banks alongside a built up system of supplementary money
related organizations. This advancement in the managing an account division is the
consequence of untiring endeavors of six decades. HBL was the main business bank
to be built up in Pakistan in 1947. Throughout the years, HBL has developed its
branch arrange and turn into the biggest private division save money with more than
1,450 branches the nation over and a client base surpassing five million connections.
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Chapter No: 1
Introduction of Bank:
2
Lanka in 1951, while the development of the famous Habib
Bank Plaza was finished in 1972, the year that additionally
denoted the remembrance of HBL's 25th anniversary.
3
About HBL:
4
nation with a dynamic Investment Banking arm. SME and
Agriculture loaning projects and saving money administrations
are offered in urban and provincial focuses.
Privatization:
5
VISSION OF HBL:
OBJECTIVE OF HBL:
6
VALUESOF HBL:
Integrity:
For us, integrity means a synergy approach towards abiding our
core values. United with the force of shared values and
integrity, we form a network of a well-integrated team.
Meritocracy:
At every level, from selection to advancement, we have
designed a consistent system of human resource practices,
based on objective criteria throughout all the layers of the
organization. We are, therefore, able to achieve a specific level
of performance at every layer of the organization.
Team Work:
Our team strives to become a cohesive and unified force, to
offer you, the customer, a level of service beyond your
expectations. This force is derived from participate and
collective endeavors, a common set of goals and a spirit to
share the glory and the strength to face failures together.
Culture of Innovation:
we aim to be proactively responsive to new ideas, and to
respect and reward the agents, leaders and creators of change
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Mission of HBL:
Goal of HBL:
4. Participate and look for the share of the nation in the capital
market of Pakistan by method for membership through
privately inhabited assets in the main stock trade of the nation
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and in the long run preparing for setting up a securities
exchange in the area.
Role of HBL:
Habib Bank was the pioneer, which opened branches all over
Pakistan in order to give back and diverse workplaces to the
business gather. HBL has displayed certain new things and
organizations in the wake of starting its operations in Pakistan.
It was first business bank to import the electronic machines that
are being utilized as a part of the principle banks of push
countries. These machines have made less requesting for the
bank to adjust to its amplifying business and rapidly creating
clients.
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reliably gave cash related and concentrated support to open
division. Bank in like manner related itself with sweeping scale
endeavors, for instance, Warsak Dams Project, WAPDA,
Pakistan Steel Mill, KDA et cetera by giving assets and
distinctive workplaces.
Policies of HBL:
1. Managerial Policy:
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by Provincial General Managers. Each Regional Headquarter
control branches in their general vicinity of ward.
2. Marketing Police:
ORGANIZATIONAL STRUCTURE:
Habib bank is the most seasoned and biggest bank of Pakistan
and it works the biggest system of branches in Pakistan.
Historically its association was overseen on geography premise.
Be that as it may, many issues upraised with the procession of
time and with the development of branches system, for example,
presence of coordination among branches and additionally high
workplaces, delay in interchanges, long incident passes in
critical choice –making, likewise issue of appropriate observing,
assessment, and pay of the representatives.
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The association changed the structure on useful lines. Along
these lines different gatherings have been made to do
distinctive administrations and capacities inside the bank.
12
2. Retail Banking Group
It deals with the common branches of the bank spread all over
the county. It fetches to bank spread all over the country. It
fetches to bank greater but small deposits and this group’s
function is to introduce innovative products& services for the
retail banking. Some of which are Muhafiz Rupee Traveler
Cheques & previous year’s Crore Pati Deposit Scheme.
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has also implemented new audit manual to create to increasing
level and sophistication of risks involved. A new accounting
and procedures manual is also nearing completion to improve
the financial, regulatory and management reporting of the bank.
1. Head office.
3. Branch offices.
1. Head Office
Functions
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1. It formulates policies and ensures its implementation by
field offices.
4. Sanctioning of loans.
Functions of RHQ
Branch Offices
15
HBL has today 1456 branches inside the country, 65 branches
outside the country and 17 subsidiaries. Other than this the
bank has its oversea operations in 25 countries includes 65
branches, 17 subsidiaries, two Joint Ventures and two
representative offices.
Chairman
Board of Directors
Executive Vice
President
Vice President
Assistant Vice
President
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MEMBER OF BROAD OF DIRACTORS:
Head of IT
Head of HR
Head of Finance
Broad Of Directors:
Regional Office
Zonal Offices
Branches
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Chapter No: 02
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are also the minimum balances to be maintained by the account
holders with the Bank.
1. Current account
2. Saving account
3. Joint Account
DEPOSIT SECTION:
Deposit Accounts:
HBL Freedom Account
HBL iD
HBL MoneyClub
HBL Rutba
HBL AsaanAccount
HBL Basic Banking Account
HBL Current Account
HBL PLS Savings Account
HBL Daily Munafa Account
HBL Foreign Currency Accounts (all currencies)
HBL Savings Bucket
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HBL Value Account
HBL Advantage/AdvantagePlus
HBL Daily Progressive Account
HBL offer Deposit product are as following:
1. CURRENT ACCOUNT:
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free unlimited cheques book, free debit card, free cash deposit
and withdrawals.
USD
GBP
EUR
2. SAVING ACCOUNTS:
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enjoy attractive profit rates with return on saving &
simultaneously easy access of their deposit. Open an account
with as little as Rs.100. Benefit from two withdrawal
transaction every month.
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3 TERM DEPOSIT:
3. CONSUMER FINANCING:
Personal Loan
Auto Loan
Home Loan
Credit Card
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ease. Pay processing fee on approval only. Repay tenures from
Rs.25000 to Rs.2000,000.
HBL Loan you get the sweetest deal whether you are
purchasing a new home, constructing one or renovating your
existing one. We offer find and variable markup rates as well as
a tenure ranging from 5-20 year.
HBL Car Loan makes it easy to purchase your dream car. With
up to 7 years to pay off your loan, HBL car loan allows you to
borrow for the car you desire keeping in mind budget. Choose
any type of car New, Used, Local and imported car. Repay
within a 7 years time period. Secured insurance at all the time
for peace of mind.
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5 BANCASSURANCE:
5.1) Hifazat:
Jubilee Life offers Hifazat through HBL. A person who are the
aged of 18 to 65 and who are interested in systematic saving to
protect their family future from uncertainty through insurance.
Minimum amount ranging from Rs.18000 a higher amount
depending on your capacity. Pay the premium yearly,
bi-annually,quarterly or monthly. For customer have a lot of
benefits family income benefits, accidental death benefit and
cash for hospitalization daily benefit(up to 3000 paid if you are
confined to b a hospital.
5.2) Amaan:
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5.3) Tabeer:
5.4) Hawwa:
5.5) Shandur:
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high net worth individuals. Not only does it offer higher
allocations to your contributions, but your money will go even
further with a tax rebate. You also have the opportunity to
select a supplementary hospitalization benefit of upto Rs
15,000 per day. Jubilee Life together with HBL offers you a
unique product with a range of lucrative benefits.Minimum
amount of premium Rs.25000.
CASH DEPARTMENT:
1. Bearer Cheque
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2. Order Cheque
In the event that the word bearer is struck off from the cheque,
it gets to be order cheque. It is encashable on the counter, yet
the holder must fulfill the bank that he is the correct man, if the
officer deem it important.
3. Cross Cheque
28
3. Clearing section:
Every Bank plays out the paying and tolerating limits. Cheque
are accumulated which are pulled in up to Banks for customers.
In like manner the cheque drawn on different Banks and spared
by Banks assert customers for social occasion inside the city is
know as clearing The components of tolerating and paying is
generally done through the clearing house.A clearing house can
be characterized as "A place where that agents of all Bank get
together to settle the receipts and installment of checks drawn
on each other" Clearing House gives the office which can
scarcely be abstained from particularly, if there should be an
occurrence of crossed cheques.
I. Outward clearing
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3.2) Inward Clearing:
CLEARING CHEQUES:
At the point when the payee and the drawer of cheque keeps up
account with
30
4. Rimmitance section:
I. Inland Remittance
Inland Remittance:
Rimmitance products:
HBL FastTransfer
31
HBL HumWatan
Other services
32
HBL Debit Card:
Advance of HBL:
I. Over Draft
V. Staff Financing
33
1 Over Draft:
2 Cash Credit:
3 Demand Loan:
34
4 Agriculture financing:
5 Staff Financing:
35
Chapter No: 3
Clearing Section:
36
learnd out how these cheques of various Banks commonly
exchange. The delegate of UBL, ABL, BANK AL FALAH,
BANK OF KHYBER, and HBL was partaking and accordingly
shared exchange of checks was held.
Rimmitance Section:
1: demand draft
2: online tranfer
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Chapter # 4
SWOT ANALYSIS
SWOT stand for strength, weakness. Opportunities and threats.
The purpose of this analysis is to build on company's strength
in order to utilize opportunities and counter the threats and to
correct the weakness. SWOT analysis is based on the
assumption that if managers carefully review such strengths,
weaknesses, opportunities, and threats, a useful strategy for
insure organizational success will become apparent.
Internal Analysis
Strength
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iii. HBL has made huge investment in almost all the important
economic sectors of Pakistan. It has the largest branch
network all over the countries.
Weakness
39
iii. Bed Debt rate is very high no special effort has been made
to recover the bed amounts.
External Analysis
Opportunities
40
iv. HBL has the opportunities to promote the IT sector.
Threats
41
Chapter #5
42
43
44
OBSERVATION:
The essential thing that i learn is that the contrast between the
practices of authorities. I spent the first two weeks in record
opening segment. The bank where I did my entry level position,
the general population are not knowledgeable that is the reason
at whatever point a man will desire opening a record than the
chief alluded that man and lady towards me. Than I control that
individual and the type of opening a record will be filled by me
and the whole lawful necessity are finished by me. Next week,
I also learn about remittances section in remittances section I
learned how to transform the money from one place to another
place. Last weeks, I also learn about clearing section during my
work I learned how to collect the different cheques of different
Banks.
The branches are staffed with regularly old agents, who can do
routine works wonderfully however there is nonappearance of
new musings or these delegates needs moreover planning.
45
CONCLUSION:
The bank was nationalized in 1974 and from that year onward
& to date is operating as a public sector institution.
46
As a responsibility of using the various foreign currency credit
lines, provided by the World Bank & Asian Development Bank,
the bank has been discharging its obligation in a manner
satisfactory to the financing agencies & to the best interest of
the country.
In the conclusion one can say that the Habib bank has played a
big role in the creation & development of the country.
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RECOMMENDATION:
Recommendation I suggest
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practice. Every one of the customer treated with
similarly.
References:
http://www.hbl.com
www.habibbankltd.com
http://www.google.com
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