Banking Strategies
Introduction
A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses.
ROLE OF COMMERCIAL BANKS:
The commercial banks are described now a day by many agents of economic development and social change. Their functions and roles are undergoing revolutionary changes ,client coverage and extended beyond imagination. While many people believe that banks play only narrow role in the economy taking deposits and advancing loans. The modern banks have to adopt new techniques to remain competitive and responsive to public needs.
The Intermediary role: Transforming savings received primarily from household into credit for business firms and others in order to make investments.
The payment role: Carrying out payments for goods and services on behalf of their customers. The guarantor role: Standing behind their customers to pay off customer debts, when those customers are unable to pay. The risk management role: Assisting customer in preparing financially for the risk of loss to property and investments.
The safekeeping of value role: Safeguarding a customer’s valuables and appraising and certifying their true market value. The agency role:
Acting on behalf of customers to manage and protect their property or issue and redeem their securities, bills etc.
The policy role: Abiding by the Government policies in order to regulate the growth of the economy and achieving social goals.
ORGANISATIONAL STRUCTURE & ORGANISATIONAL CULTURE of Banking Sector in Pakistan :
ORGANISATIOANAL STRUCTURE:
“The framework, typically hierarchical, within which an organization arranges its lines of authority and communications, command and allocates rights and duties . Organizational structure determines the manner and extent to
A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses.
ROLE OF COMMERCIAL BANKS:
The commercial banks are described now a day by many agents of economic development and social change. Their functions and roles are undergoing revolutionary changes ,client coverage and extended beyond imagination. While many people believe that banks play only narrow role in the economy taking deposits and advancing loans. The modern banks have to adopt new techniques to remain competitive and responsive to public needs.
The Intermediary role: Transforming savings received primarily from household into credit for business firms and others in order to make investments.
The payment role: Carrying out payments for goods and services on behalf of their customers. The guarantor role: Standing behind their customers to pay off customer debts, when those customers are unable to pay. The risk management role: Assisting customer in preparing financially for the risk of loss to property and investments.
The safekeeping of value role: Safeguarding a customer’s valuables and appraising and certifying their true market value. The agency role:
Acting on behalf of customers to manage and protect their property or issue and redeem their securities, bills etc.
The policy role: Abiding by the Government policies in order to regulate the growth of the economy and achieving social goals.
ORGANISATIONAL STRUCTURE & ORGANISATIONAL CULTURE of Banking Sector in Pakistan :
ORGANISATIOANAL STRUCTURE:
“The framework, typically hierarchical, within which an organization arranges its lines of authority and communications, command and allocates rights and duties . Organizational structure determines the manner and extent to