Internship Report On Prabhu Bank Limited Babarmahal, Kathmandu Submitted By

LIST OF ABBREVIATION
ABBS : Any Branch Banking System
A/C : Account
BOD : Board of Directors
CSD : Customer Service Department
ECC : Electronic Check Clearing
GON : Government of Nepal
i.e. : That is
KYC : Known Your Customer
LTD : Limited
NRP : Nepali Rupee
NRB : Nepal Rastra Bank
PIN : Personal Identification Number
PBL : Prabhu Bank Limited
PU : Pokhara University
LC : Letter of Credit
TT : Telex Transfer
NRB : Nepal Rastra Bank
SWIFT : Society for Worldwide Interbank Financial Telecommunication
ATM : Automated Teller Machine
SWOT : Strengths Weaknesses Opportunities Threats
PBL : Prabhu Bank Limited
TT : Telegraphic Transfer

Table of contents

Acknowledgement ii
ORGANIZATIONAL PROFILE v
1.1Description of the organization v
Prabhu Bank Limited (PBL), formerly known as Kist Bank incorporated in 2002 as a Finance Company and upgraded to Class A Commercial bank in May 2009, was renamed to its current name after the merger of four financial institutions on 15th September 2014. The institutions before the merger were Kist Bank(Class A), Prabhu Bank Limited (Class B), Gaurishankar Development Bank Limited (Class B) and Zenith Finance limited (Class C). PBL is the private sector commercial bank of Nepal in terms of branch network. Shareholding pattern of the Bank constitutes of the promoters holding 65% of the shares while 35% is floated for public. Among the promoter’s holding 13% of the share are held by 4 institutional promoters and remaining 52% by 448 individual promoters. v
From its humble beginning as a Finance Company to its current stature as one of the largest private Commercial Bank of Nepal, Prabhu Bank Ltd has come of age and experience. The Bank has completed years of journey since the inception and has accommodated 7 different financial institutions in its making. The Bank has gone through the various phases of its growth trajectory over a short period of its existence. Prabhu Bank Limited operated with a goal of becoming the best bank operational excellence and superior financial performance. Prabhu Bank, a commercial bank formed through merger of Kist Bank, Prabhu Bikas Bank, Gaurishankar Development Bank, Grand Bank Nepal Limited and Zenith Finance, started its commercial operation from 2016. The five financial institutions started joint operation based on final merger approval extended by Nepal Rastra Bank (Central Bank of Nepal) in August. v
1.2 Organization’s vision, mission and objectives vi
1.3 Major markets and customers vii
1.4 Products and services viii
Deposit products of PBL viii
Lending product of PBL xi
New services provided by PBL xiii
1.5 Organization design and structure xix
1.6 Financial structure 14
JOB PROFILE AND ACTIVITIES PERFORMED 16
2.1 Activities performed in the organization 16
2.2 Problems identified 17
2.3 Problems solved 18
2.4 Intern’s key observations 19
LESSONS LEARNT AND FEEDBACK 21
3.1 Key skills and attitudes learnt 21
I.2Feedback to the organization 23
3.3 Feedback to the college/university 23
References 24