The people at bank realize that innovation creativity

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The people at bank realize that innovation, creativity, reliability, customized, services and their e xecution are they key ingredients for their future growth. Revenues from these activities have sta rted yielding dividends and they expect significant growth. They are aware that they have stepped into the 21st century and they must meet its challen ges by acquiring the highest level of the technology. They will thus be accelerating their technolo gical advance to enable them to distribute their products and services through most efficient and high tech means. They say that they will continue to invest in the modern tools and substantial all ocation to resources will be made to achieve this objective during the current year. Phone Bankin g and credit card have been introduced in many cities. Suggestion & recommendations: Expanding their business by establishing new branches in those areas which ar e near to the business area. pg. 54
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Askari bank has option to increase its customer ratio through efficient marketing system The bank must hire the efficient specialized marketing personnel AKBL must take a part in heavy advertisement as the people become aware of Islamic ba nking system Bank should provide on the job Training (OJT) to their employees Bank should develop healthy relation with customer AKBL should give more compensation, incentives, benefits to their employees for their h ardworking and performance to improve more and more in future because it leads to impr ovement of overall bank’s performance. During my internship, I analyzed that there is need for the improvement of working condition of branches, modern techniques of decentralization must be adopted. Softwares should be provided to the divisions to access and consolidate the data of browsers. The rate of markup is a little bit high, it should be reduced. Some of the authority must be delegated to the lower management and the staff. This will enhance the confidence of the employees. According to financial point of view, operating profit of the bank stood at the same level as of last year. Administrative expenses have increased. This rise is mainly due to the new branches opened during 2009-2010. Recommendations to Institute of Business & Information Technology (IBIT): Institute of business and information technology is undoubtedly a first rate school in its field. Its pg. 55
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MBIT & BBIT program are meticulously designed to meet competitive international standards of modern world. The course has optimal blend of IT tolls and management as science. Seminars There should be proper arrangement through which the students of senior batches who have pass ed out should come and meet with junior students. In this way the students who are still studying will have the knowledge of jobs. Their exposure to the real business world will be broadened. Th eir contacts will be increased and when they would need guidance they can get it from their own seniors. Seminars should b held in which the business representatives should visit our institution.
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