Complete Askari Bank and Bak Alfalah Report

 Essay regarding Complete Askari Bank and Bak Alfalah Report

GOVERNMENT URDU UNIVERSITY OF ARTS, SCIENCE & TECHNOLOGY

PARTICULAR DATE OF SUBMITTER:

12

APRIL

2012

Statement Of Efficiency Appraisal Of Askari Bank And Lender Alfalah Subject matter: Performance Appraisal

SUBMITTED TO: Miss Afshan Sehar

GROUP MEMBERS:

* SANA RAZZAK BARI ( 25-B)

5. SYEDA FATIMA NAFEES KAZMI (43-B)

5. ANUM FIRASAT ( 14- A)

OVERALL PERFORMANCE APPRAISAL

TABLE OF CONTENT

Advantages of Askari Bank| 05

* Vision| 05

5. Mission| summer

* Objectives| 06

5. Organogram| '07

* Service| 09

Human being Resource| 2009

Recuitment| 12 -11

Selection| 12

Hiring process| 13

Training and development| 12-15

Performance management| 16

2. Performance appraisal| 16

2. Importance| of sixteen

* Methods| 17

1 ) Essay evaluation| 17-18

2 . Critical incident| 18-20

a few. Advantages and disadvantages| twenty

4. Process| 21

Motivation| 21

RewardsIntroduction of Traditional bank Alfalah| 21-24

* Vision| 27

2. Mission| twenty-seven

* Management| 28

* Organogram| 29

Department| 30

Human resouce management| 30

Recruitment| 30-32

Types of recuitment| 32-35

Performance evaluation system| 35

* Appraisal methods| 36

* Ranking scale| 36-40

* Essay evaluation| 40-41

* Advantages and disadvantages| 37

* Performance standards| 41

Shell out plans and incentives in Bank Alfalah| 42-43

Worker benefits| 43-45

conclusion| 46

INTRODUCTION AND BACKGROUND OF THE ORGANIZATION

Included in Pakistan on August 9, 1991, Askari Traditional bank Ltd started its businesses in April 1992, as a Public Limited Company, and has seeing that expanded to a nation-wide presence of 49 branches, supported by a network of on the net ATMs. The financial institution is listed upon Karachi, Lahore & Islamabad Stock Exchanges and the first public supplying was over-subscribed 16 moments. While acquiring the largest market share amongst the fresh banks, Askari Bank Ltd has offered good value to its shareholders. Their reveal price has always been approximately 12% higher than the standard share price of offered banks over the last four years. Askari Financial institution Ltd is principally engaged in the company of bank as described in the Banking Companies Ordinance, 62. As by December 31, 2002, your bank had total assets of Pak Rupees 70. 313 billion, with over two hundred and fifty, 000 bank customers. Askari Bank is the only bank with its operational Head Office in twin urban centers of Rawalpindi & Islamabad, because Askari Bank Limited is directly operated by simply Pak Armed service, which has fairly limited chances as compared to Karachi and Lahore. This made its own challenges and possibilities, and forced those to evolve an outward-looking technique in terms of each of our market emphasis. As a result, they developed a geographically varied assets bottom instead of a attention and large reliance on business in major commercial centers of Karachi and Lahore, where most other banking companies have their functional Head Office buildings. VISION OF THE ASKARI TRADITIONAL BANK LTD

As the bank of first choice in the area

MISSION ASSERTION OF THE ASKARI BANK LTD

Leading private sector lender in Pakistan with a worldwide presence, delivering quality providers through impressive technology and effective human resource management in a modern day and modern organization lifestyle of meritocracy, maintaining high ethical and professional requirements, while rendering enhanced benefit to all each of our s stake-holders, and causing society.

OBJECTIVES OF ASKARI BANK

Listed below are the layed out objectives of the Askari bank limited.

2. To build & sustain a higher performance lifestyle, with a continuous improvement emphasis.

* To formulate a customer-service oriented lifestyle with exceptional emphasis on customer service and ease

* To make an permitting environment, exactly where employees happen to be motivated tocontribute to their complete potential.

* To effectively manage and...