TAKORADI POLYTECHNIC SCHOOL OF BUSINESS STUDIES (SOBS) ACCOUNTANCY DEPARTMENT REPORT ON INDUSTRIAL ATTACHMENT AT JOMORO RURAL BANK LIMITED TIKOBO NO.1 W/R BY ISAAC ACKAH (07123014) 9TH JUNE 2014 - 1ST TH AUGUST 2014 TABLE OF CONTENT CONTENTS PREFACE ACKNOWLEDGEMENT DEDICATION CHAPTER ONE INTRODUCTION PURPOSE OF THE INDUSTRIAL TRAINING THE ORGANISATION BRIEF HISTORY SERVICE PROVIDED AT THE BANK VISION STATEMENT MISSION STATEMENT SECTION/UNIT/DEPARTMENTS CHAPTER TWO DESCRIPTION OF THE NATURE
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* Construction of Yoga‚ meditation and prayer hall with cultural activities to accommodate another 600 people which cost about Rs.1.00 crore (i.e. $ 2.00) lakhs. Dairy Farm: EXPANSION PLANS AND FUTURE OUTLOOK The future plans of Dar-ul-Sukun reaches beyond the borders of religion‚ cast‚ color and creed. The had always perform to make its members self-sufficient‚ so that they can play a productive part in the society. The non-discriminatory attitude towards the society is a big example of promotion
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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
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• Contribution to the agricultural development • Contribution to the industrial development • Contribution to other economic areas Commercial banks perform two kinds of functions: 1. Micro Functions • Collection of deposit • Credit extensions • Receiving interest • Creation of medium of exchange • Issuing of cheque • Circulation of money 2. Macro Functions • Capital formation • Role in economic development • Transmission
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CHAPTER ONE INTERNSHIP PROGRAM 1.1. Introduction: The theoretical knowledge and practical training is not the same theme. The theoretical knowledge is fulfilled when it can be used in the practical field. The goal of internship is to apply one’s theoretical knowledge in practical fields. Thus internship is a pragmatic application of knowledge and achieving practical experience by engaging one self in different and distinct sectors of work. That is why the internship program is also included
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PERSONAL BANKING Deposit Accounts Savings Account Passbook Savings Account A Passbook Savings Account is an interest-bearing deposit account which you keep track of through a personal passbook. You can deposit funds at any Metrobank branch by accomplishing the appropriate deposit slip and presenting your passbook‚ slip‚ and cash or check at the service counter. B. Metrobank ET Savings Account The Metrobank ET Savings Account comes with an ATM card that allows you to conduct several
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accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to deposit the amounts with banks. Depending upon the nature of deposits‚ funds deposited with bank also earn interest. Thus‚ deposits with the bank grow along with the interest earned. If the rate of interest is higher‚ public are motivated to deposit more funds
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SUMMER INTERNSHIP PROJECT AT “NAWANAGAR COOPERATIVE BANK LTD.” and A STUDY ON ASSETS AND LIABILITY MANAGEMENT OF NAWANAGAR CO-OPERATIVE BANK GUIDED BY Dr. (Prof.) Ajay Shah ACADEMIC YEAR 2010-2012 SUBMITTED TO JAYSUKHLAL VADHAR INSTITUTE OF MANAGEMENT STUDIES (JVIMS) BIPIN T. VADHAR COLLEGE OF MANAGEMENT JAMNAGAR AFFILIATED TO GUJARAT TECHNOLOGICAL UNIVERSITY AHMEDABAD 1 2 3 DECLARATION I undersigned PARMAR KANJI N. a student of MBA 3rd semester declare that
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changing at an incredible pace. Every decade calls upon company management to think freshly about its objectives‚ strategies and tactics. In the banking industry‚ community branch banks have long been the marketing channels through which customers deposit money and make payments. Banking plays an important role in the economy of any country. In Bangladesh Muslim consist more than 80% of its population. These people possess strong faith on Allah and they want to lead their lives as per the construction
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bank rescue package – Big institutions bailed: Lloyds and Royal Bank of Scotland GFC and FIs 5 Financial Intermediaries’ Specialness FI Households Cash (Brokers) FI Corporations Equity & Debt (Asset Transformers) Deposits/Insurance Policies/Units of Trusts Cash FI Specialness 6 Flow of Capitals without FIs • Households might find direct investments in corporate securities unattractive because of : – Information/Monitoring costs‚ – Liquidity costs
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