Internship Report

BANKING HISTORY blasphemeing In fact is as primitive as gracious society, for ever since man come to realize. The importance of money as a median of exchange. The necessity of a controlling or regulating agency or institution was naturally felt. foundation of asserting in the world as priests Trusted to Take illustration of Valuable Particularly goods and services. In Britain 7th century money Smith flourished not only as person who could be trusted to keep deposit of Gold and silver for guard keeping. In 1844 entrust Charter act promulgated by the Govt. by which all private bank were merged into critical point Stock companies. Due to the veracity of resources of money bank conduct been placed in various categories such as · cardinal Bank · Investment Bank · Mortagage Bank · Commercial Bank · Merchant Bank INTRODUCTION The Bank of Punjab was established in 16 November, 1989 under. The Bank of Punjab act 1989. the first weapon which opened was the Main Branch Lahore. In 1989 BOP was mended as a non scheduled bank on in the province of Punjab. In beginning the of import deposits were the government.

Because it was opened to support the government of Punjab. In 1994 the BOP was reborn into a scheduled Bank it opened its Branches in complete the country. To day they established 251 Branches allover the country as: CITES no(prenominal) OF BRANCHES Province in Punjab 237 Islamabad 2 Queta 3 Karachi 3 A.J. Kashmir 3 Peshawar 3 Total Branches: - 251 The total numbers of stave of BOP is approx. 4000 most of the employees are master degree toter and are highly qualified and has working. In the beginning the main area of procurement of deposits were the government based organizations. The reason existence that, it was opened to support the government of Punjab. It quickly expanded its trading operations in the city of Punjab by opening branches through step up the province. Approximately... If you want to get a full essay, order it on our website: Orderessay

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