Commercial Bank Project

Synopsis: In a dried up small Texas town two brothers, TANNER HANSON (40) and TOBY HANSON (30) rob FIRST TEXAS BANK as the bank is opening. They get in their car and start driving to the next small towns FIRST TEXAS BANK.

This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems

The United States Congress chartered the Second National Bank in 1816 in order to control unregulated currency at the state-level banks. After several states questioned the constitutionality of the bank, Maryland imposed a tax on all banks that were not chartered by the state. By 1818, Maryland approved legislation of taxing the Second National Bank of the United States that was chartered by Congress, which is part of the Federal Government.

Century National Bank has offices in several cities in the Midwest and the southeastern part of the United States. Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customer. To better understand the customers, Mr. Selig asked Ms. Wendy Lamberg, director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team from her staff and the team has selected a random sample of 60 customers. All the information gathered is tabulated in the table below:

The banks make payment of insurance premiums, rent, trade subscription, school fee and other obligation of the customers. When any expense is paid by the bank, a debit voucher is sent to the customer for

The Company uses marketing strategies like - Advertisements, Websites and Branch Marketing for promoting its products.

Customer always have twenty-four-hour and seven days access to the bank website. They can easily access to the account to make payment, to transfer fund, to check their account balance when the bank is not in the operation hour.

The working and inner environment of every branch should convey the message to the customer that they are in right place for banking activities

During my whole internship period I have gained a lot of theoretical as well as practical knowledge regarding banking. I have learnt about the clearing of Cheque, about remittance system, about sorting of credit and debit vouchers in ascending order in accounts department, about ATM cards, about account opening, about foreign transactions and whole loan criteria and also about the deposits. I have gained experience about how to handle the public or

Bank facilitates and behaves nicely with good looking, rich, educated people and who have high investment while the bank does not behave nicely with its poor customers who have fewer investments in MCB so it is the weak point of MCB. To minimize this weakness bank should behave well with their poor customers. And the bank employees should try to behave equally with all the customers.

The problems that afflict Bank Century was first started from after the merger on November 27, 2001, at the time Governor of Bank Indonesia board meeting approved the acquisition principle Pikko Danpac Bank, and Bank CIC. However, on July 5, 2002 when the permit acquisition of BI was released, BI began smelling tort. Century Bank began to conduct securities transactions - securities (SBB) fictitious worth USD25 million. There are also high risk and Century SBB is required to establish the allowance for uncollectible active productive (PPAP). This resulted into a negative CAR of Bank CIC. These conditions make large withdrawals third party - resulting in massive bank liquidity problems and has violated the net open position (NOP).

Askari commercial bank commenced its operation in 1992 and the main headquarters of Askari bank is placed near AWT Plaza. Askari bank comprises of 326 branches all over the Pakistan, I was given the opportunity to experience internship in the branch Bilal Plaza, Haider Road Rawalpindi. It was my golden chance and first step of my professional life. Askari Bank expanded its department in three story building to deal with unique desires and facilitates the customers appropriately. It comprises of ten departments and twenty three employees. The significance of the bank can be calculated, keeping in view the other businesses and currency markets located in the vicinity. The environment of bank is very dynamic and attractive. The branch is well managed; staff is well mannered and hardworking with enormous devotion. They are committed to their work and always prepared to assist other staff members in case of any emergency. They also cooperate with internees while providing information related to their work and the bank. The bank manager of this branch is Ibrahim Ur Rehman. Gentleman is very superb natured and conscientious. The bank held a great image in public for making good relations with customers and providing them vast services. To operate the operations of bank every staff member has access of software called Flex Cube using their own account present on the server.

Banks play a huge role in the market. Their monetary policies can increase or decrease the amount of spending in the economy. The Federal Reserve Bank, the United States central bank, has the most power of all banks. It is considered to be the bank’s bank. It was established by an act of congress in 1913, which created the Federal Reserve System. This system regulates the banks in the economy. Since the Fed has so much control its policies directly influence all banks. This is typically steered by the interest rates.

Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India. It is the second-largest bank in India, after State Bank of India, and offers a range of banking products and financial services to corporate and retail customers through its branches and through its specialized subsidiaries and affiliates. In addition to its headquarters in its home state of Gujarat, it has a corporate headquarter in Mumbai.

In partial fulfillment for the requirement of “Management Financial System” course in two years full time Masters of Business Administration (MBA) programmed of Gujarat Technological University (GTU)