haroon
National College of Business Administration & Economics
Human Resource Management
Final Project: HR issues at Bank Alfalah
Submitted to : Ma’am Rushda Khan
Submitted by:
Haroon Zahoor -2111012
Hafiz Shoaib – 2132093
Table of Content:
History
Mission Statement
Vision Statement
Objectives
Organizational Structure
Human resource management
HR Functions
Human resource planning (HRP)
Recruitment & Selection
Orientation
Salary & Benefits
Training & Development
Career Development
Performance Appraisals
Exit Procedures
Problems
Job Rotation
Excessive Working Hours
Facilities at branch
Suggestions & Recommendations
Company Background
Bank Alfalah Limited (“BAL”) is a private bank in Pakistan owned by the Abu Dhabi Group. Bank Alfalah was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. Bank Alfalah is registered at both Karachi and Lahore Stock Exchange with a ticker name of “BAFL”. Its banking operations commenced from November 1, 1997. The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962, with the registered office at B.A.Building, I.I.Chundrigar Road, Karachi.
Since its inception, as the new identity of H.C.E.B (Habib Credit and Exchange Bank Limited) after the privatization in 1997, the management of the bank started implementing strategies and policies to carve a distinct position for the bank in the market place. Now Bank Alfalah Limited ha a network of 282 branches that include 48 Islamic Banking branches.
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The portfolio concentrates on all aspects of conventional banking as well as the financial needs of corporate sector. Dynamic and high value product includes Car Financing, Funded and ufunded loans, Priority banking,Credits Cards, Debit Cards, On line Banking, ATM and money transfer etc. In addition to this, Islamic Banking Division is a separate working entity. The bank is committed to combine
Human Resource Management
Final Project: HR issues at Bank Alfalah
Submitted to : Ma’am Rushda Khan
Submitted by:
Haroon Zahoor -2111012
Hafiz Shoaib – 2132093
Table of Content:
History
Mission Statement
Vision Statement
Objectives
Organizational Structure
Human resource management
HR Functions
Human resource planning (HRP)
Recruitment & Selection
Orientation
Salary & Benefits
Training & Development
Career Development
Performance Appraisals
Exit Procedures
Problems
Job Rotation
Excessive Working Hours
Facilities at branch
Suggestions & Recommendations
Company Background
Bank Alfalah Limited (“BAL”) is a private bank in Pakistan owned by the Abu Dhabi Group. Bank Alfalah was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. Bank Alfalah is registered at both Karachi and Lahore Stock Exchange with a ticker name of “BAFL”. Its banking operations commenced from November 1, 1997. The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962, with the registered office at B.A.Building, I.I.Chundrigar Road, Karachi.
Since its inception, as the new identity of H.C.E.B (Habib Credit and Exchange Bank Limited) after the privatization in 1997, the management of the bank started implementing strategies and policies to carve a distinct position for the bank in the market place. Now Bank Alfalah Limited ha a network of 282 branches that include 48 Islamic Banking branches.
.
The portfolio concentrates on all aspects of conventional banking as well as the financial needs of corporate sector. Dynamic and high value product includes Car Financing, Funded and ufunded loans, Priority banking,Credits Cards, Debit Cards, On line Banking, ATM and money transfer etc. In addition to this, Islamic Banking Division is a separate working entity. The bank is committed to combine