Online Banking
Project Proposal
Online Banking in general Askari Bank(in particular)
Prepared By: Presented To:
Saad Majid Sheikh Dr. Ali Sajid
Nadia Babar Productivity Management
Khalid Sajjad Akbar NIMS
Sohail Ashraf
November 25, 2001
Project Synopsis In this age of Information Technology all the fields of life are being affected by new inventions and innovations. Almost all kind of organizations are steeping into the field of IT, in an effort to increase their productivity and expand their customer bank. Same goes for the Banking Sector. Today all the banks of the world are adopting the tool of On-Line Banking. Since it is the easiest way of banking yet lesser time consuming, the world has gone for it.
The need of ON-LINE Banking was felt in south Asia during the last 5 to 7 years. This concept emerged as an essential for successful banking techniques. Although foreign banks were pioneers of bringing this concept to South-Asia but they have yet to commence On-Line banking in Pakistan. Seeing brighter future prospects, ASKARI Bank has taken the lead and stepped into this arena. Seeing their performance the group intends to look into this field to explore the pros and cons of this system of banking and how this setup can enhance overall nation’s productivity.
Project Statement:
The group intends to work for Enhancement of productivity in particular and national service in general, with the focus on On-Line Banking. How do we foresee and look for the future prospects of On-Line banking to emerge or to play a front line role in enhancing the business activities and to facilitate faster yet easier banking transactions in Pakistan.
TABLE OF CONTENTS
Project proposal – On-line Banking and Askari Bank 4 Research Objectives: 4 Research Vision 4 Prelude to Research 4 Mission Statement of the Project 5 METHODOLOGY OF THE RESEARCH 5 Introduction – ON-LINE BANKING A REVOLUTION 6 Banking Concept and its History 7 Aspects of
Online Banking in general Askari Bank(in particular)
Prepared By: Presented To:
Saad Majid Sheikh Dr. Ali Sajid
Nadia Babar Productivity Management
Khalid Sajjad Akbar NIMS
Sohail Ashraf
November 25, 2001
Project Synopsis In this age of Information Technology all the fields of life are being affected by new inventions and innovations. Almost all kind of organizations are steeping into the field of IT, in an effort to increase their productivity and expand their customer bank. Same goes for the Banking Sector. Today all the banks of the world are adopting the tool of On-Line Banking. Since it is the easiest way of banking yet lesser time consuming, the world has gone for it.
The need of ON-LINE Banking was felt in south Asia during the last 5 to 7 years. This concept emerged as an essential for successful banking techniques. Although foreign banks were pioneers of bringing this concept to South-Asia but they have yet to commence On-Line banking in Pakistan. Seeing brighter future prospects, ASKARI Bank has taken the lead and stepped into this arena. Seeing their performance the group intends to look into this field to explore the pros and cons of this system of banking and how this setup can enhance overall nation’s productivity.
Project Statement:
The group intends to work for Enhancement of productivity in particular and national service in general, with the focus on On-Line Banking. How do we foresee and look for the future prospects of On-Line banking to emerge or to play a front line role in enhancing the business activities and to facilitate faster yet easier banking transactions in Pakistan.
TABLE OF CONTENTS
Project proposal – On-line Banking and Askari Bank 4 Research Objectives: 4 Research Vision 4 Prelude to Research 4 Mission Statement of the Project 5 METHODOLOGY OF THE RESEARCH 5 Introduction – ON-LINE BANKING A REVOLUTION 6 Banking Concept and its History 7 Aspects of