Internship Report on National Bank

Executive Summary

The NBP was established vide NBP Ordinance No. National Bank of Pakistan maintains

its position as Pakistan's premier bank determined to set higher standards of

achievements. Growth in Deposits was accompanied by increase in Bank portfolio in

advances. NBP advances reached Rs.554.4 million by December 1959, which was one

third of the total schedule bank credit National Bank of Pakistan is the largest commercial

bank operating in Pakistan . In today's competitive business environment, NBP needed to

redefine its role and shed the public sector bank image, for a modern commercial bank.

National Bank of Pakistan is today a progressive, efficient, and customer focused

institution. The Bank has expanded its range of products and services to include Shariah

Compliant Islamic Banking products. The Bank's joint ventures are, United National

Bank (UK), First Investment Bank and NAFA, an Asset Management Company (a joint

venture with NIB Bank & Fullerton Fund Management of Singapore).Since NBP is a

commercial bank, it performs a variety of functions. Like other commercial banks, NBP

is engaged in financing international trade. Profit Before taxation shows declining trend

18% decrease in current year profit with decreasing rate of 6% this decrease is caused by

greater increase in Interest expense increase from 5% to 35% with 200% growth rate this

increase is because of greater increase in other charges with growth rate of 1655%,

Admin expense increase from 5% to 27%, Profit after tax in current year less than the

previous year because of greater increase in Current taxation by 37% as compare to last

year tax. Cash & balance with treasury Banks is increase in current year from 12% to

13% of total assets portion of balance with other banks shows decreasing trend in current

year 4.7% of total assets as compare to 4.9% and 6.4% in 2007 and 2006 respectively,

lending to financial institution decreasing other assets portion is increasing in...