Commercial Bank Project

13831 Words Jun 24th, 2010 56 Pages
Executive Summary
This report is about bank, history and functions contains what I have learned in my six week internship at MCB (Ltd). It starts with its success story and brief introduction of management. This report contains detail about business practices in MCB, its current financial statement, position, working of its different departments in MCB Gojra Branch and about of how a letter of credit is used in bank. The purpose of exercise was to learn while working in practical field, especially the knowledge related to the general banking.

This report contains its consumer products, SWOT analysis and at last conclusion and recommendations.

MCB-ITS SUCCESS STORY

History
MCB Bank Ltd. Unfolds 52 years’ growth. MCB is not an overnight
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Chartered Accountants
M.YOUSAF ADIL SALEEM & CO.
Chartered Accountant

LEGAL ADVISORS
MANDVIWALLA & ZAFAR
Advocate and Legal Consultants

REGISTERED OFFICE
MCB building, F6/G6,
Jinnah Avenue, Islamabad

PRINCIPAL OFFICE
Adamjee House, 2nd Floor,
I. I. Chundrigar Road, Karachi
MAIN BRANCH GOJRA

I went the branch of MCB bank limited for my internship training. It is the part of our MBA’s training to go for training at any well-established organization. Bank is the most suitable.

The branch is situated at post office road Gojra. Major customers of bank are businessmen, employees of different public and private organizations, salaried and non-salaried persons. Recently branch accounts worth RS. 102 million of 4560 account holders. Majority of accounts is PLS, current a joint accounts.

MANAGEMENT OF BRANCH
OG-I (MANAGER) 1
OG-II 1
OG-II 2
Cashier 2
Assistants 3
Security Guard 2

GENERAL BANKING

ACCOUNT OPENING

The general banking department performs various functions among them the first and most important function is A/C opening. The bank reserves the right to open any account, which in its opinion is suitable as a
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