Friday, June 24, 2011

Re: [ vuZs.net ] askarin bank internship report help

Ok now i checked the formate ....just read out following lines :

Overview of the organization

c. Business volume (Total number of stock, shares, bonds/ commodities, future 
contracts planned for a particular period etc).

So, now just collect above data and write in your own words ....you can get help from annual report 2010.  




On Fri, Jun 24, 2011 at 1:53 PM, Marina Khan <damsel.khan@googlemail.com> wrote:
Brother...basically in business volume we just have to write total number of assets, total shares, liabilities,profit , employee etc....

you can add additional data...as per your choice or requirement !

    



  

On Thu, Jun 23, 2011 at 11:00 PM, mc090401911 Muhammad Arshad <mc090401911@vu.edu.pk> wrote:
internship report may ya detail lakhni hai ya siraff ya images please reply as soon as possible
On Thu, Jun 23, 2011 at 1:55 AM, Marina Khan <damsel.khan@googlemail.com> wrote:
Askari Bank Financial Review
 
Business volume image is also attached u can put in your report instead of description ...or you can use following detail :
 
Profit
The operating profit (i.e. profit before provisions and taxation) of the Bank stood at Rs.4.34 billion; slightly below last year (2009:Rs.4.55 billion). Pre-tax profit was Rs. 1.27 billion as compared to Rs. 1.63 billion of the corresponding year. The net interest income registered an increase of 11%, despite heavy revenue suspensions owing to burgeoning NPLs. Non-interest income declined by 14% while administrative expenses increased by 12%.

Operating Expenses
The sharp increase in administrative expenses during the last few years has been reined-in and this year it has been restricted to 12% over last year, mainly through rationalization of operating expenses particularly employee related costs.

Shareholders' funds
Shareholders' funds increased to Rs.16.00 billion at the end of December 31, 2010 from Rs. 14.95 billion of last year, registering an increase of 7%.

Earnings per share
Earning per share (EPS) decreased from Rs. 1.79 per share (restated for bonus shares issued during 2010) of last year to Rs.1.48 per share for the year 2010.

Return on average assets
Return on average assets at the close of 2010 was 0.33% as against 0.48% last year, registering a decline of 15 bps due to 14% decrease in profit for the year against 24% increase in total assets.

Current, Savings and other deposits
At the close of 2010, customer deposits had reached Rs.256 billion from Rs.206 billion at end 2009, an increase of 24 percent during the year. Local currency deposits grew at 26.47% whereas foreign currency deposits grew by 12.11% - local currency deposits increased to Rs.220 billion from Rs. 174 billion as of December 31, 2009, while the foreign currency deposits stood at Rs.36 billion as on December 31, 2010. The aggregate number of deposit accounts reached 797,050 at end 2010 – an increase of 15% over last year.




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Marina Khan 

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Marina Khan 




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Marina Khan 

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