COMPARATIVE STUDY BETWEEN LOCAL AND

FOREIGN BANKS:

PVT. (LOCAL) ORGANIZATION:

BANK AL-HABIB PVT. LTD:

MULTINATIONAL ORGANIZATION:

STANDARD CHARTERED BANK.:

1:SWOT ANALYSIS:

STRENGHTS:

HBL has very effective and efficient

network of branches all over the country.

HBL is a well set upped bank enjoying

long history of over 65 years of

experience and profitable action.

Every 10th Pakistani is A/C holder of

HBL.

It has made huge investment in almost

all the economic region of Pakistan.

HBL not only has made investment in

industry but also in small level industry

as well.

HBL was the first privatized bank that

gives it a border over other nationalized

banks as it can develop any plan

consistent with the demand of market

and free from any political or technical

influence.

HBL is the largest private bank in

Pakistan now and people belief is very

high.

HBL is the market leader in introduction

of e-banking and it has the foremost

ATM network in the country.

HBL was charged the best conjugal bank

for two Consecutive years of 2000 and

2001 by

Euro money, A leading international

publication.

HBL has the ability to bring innovative

STRENGTHS:

Support of its parent company and

promoter’s viz. Standard chartered

bank.

Competitive rates.

Good and diverse products.

Network of branches.

Flexible spread Margin.

Highly qualified research team.

Strong network through out India and

Strong presence in WEST, NORTH and

SOUTH

WEAKNESSESS:

Account access problems of customers.

RM doesn’t give much importance on

small companies.

CONCLUSION:

1: HUMAN RESOURCE MANAGEMENT :

The HRM department plays an important role in value of HBL.

HBL has very active and one of the best HR department in Pakistan as well as world wide.

The existence of a HR department is vital to overall productivity and efficiency of the strong workforce in HBL.

HR manual contains five processes:

1. Selecting and Recruiting2. Training  and Development3. Performance Appraisal4. Compensation5. Employee relation.

Performance management at HBL is a

HRM practices have shown to be valuable to any company’s success. Thus to besuccessful in a global market place, the challenge for all businesses regardless of s i z e i s t o i n v e s t i n h u m a n r e s o u r c e s . T h e y n e e d t o s e l e c t a n d r e t a i n t a l e n t e d employees, undertake employee training and development programs and dismantletraditional bureaucratic structures that limit employee’s ability to be innovativeand creative.The commonly practices HR activities include the following:HR PlanningRecruitingSelectionTraining and DevelopmentCompensationPerformance ManagementEmployee Relations

Standard Chartered is the world’s leading emerging markets bank. It employs30,000 people in over 500 offices in more than 50 countries in the Asia PacificRegion, South Asia, the Middle East , Africa , United Kingdom and

forward looking process for setting goals and regularly checking progress towards achieving those goals.

At HBL it is a continual feedback process whereby the observed outputs are measured and compared with the consistently being met in an effective and efficient manner.

Performance management at HBL is a system of evaluating employees to help them reach reasonable goals and thus ensure that the company performs better.

In HBL’s performance management model employees are given opportunities to work on harder projects, paired less-skilled employees with expert employees and employees can direct and make decisions.

desired goals. Performance management includes

activities to ensure that goals are At HBL growth is not a function of

time but rather of performance. Tools used by HBL for performance

management are: o Developmental goal settingo Ongoing performance

monitoringo Ongoing feedbacko Coaching and supporto Performance appraisalo Rewards, recognition, and

compensation

America

HR planning is a process, Which anticipates and maps out the t h e consequences of business strategy on an organization’s human resources. This isreflected in planning of skill and competence needs as well as total headcounts.E v e r y o r g a n i z a t i o n n e e d s t o b e a b l e t o f o r e c a s t a n d p l a n f o r i t s f u t u r e p e o p l e requirements.At Standard Chartered Bank , human resource planning involves forecasting thenumbers of people which will needed by the bank , and then working out the bestway of obtaining then as and when they are neededAs Standard Chartered , training is a partnership between the employee andthe Bank. The Bank provides a framework within which the employee cani d e n t i f y t h e t r a i n i n g a n d d e v e l o p m e n t n e e d s . S u c h t r a i n i n g p r o v i d e s a consistent standard of management learning throughout Standard Chartered .I t a l s o e n a b l e s t h e e m p l o y e e s t o t a k e a l l o f t h e p r o g r a m s o r s t u d y f o r individual modules according to their particular development needs

CONCLUSION:

3. SERVICES AND FUNCTIONS OF BANKS:

PRODUCTS OF

HBL

Auto finance

Home finance

Habib bank value debit card

Loans

Habib bank master card

Habib bank lifestyle

It also offers deposit products to individual

customers such as

Foreign currency accounts

Car financing and loans

Credit and debit cards

Banc assurance

Phone banking

Money transfer

Mutual funds.

SERVICE LINE

Consumer banking services

Cash management services

Utilities services

PRODUCTS OF

SCB

Credit cards

Mortgages

Personal loans

Auto loans

Deposit account

Wealth management products

Foreign exchange

Spot and forward

Asset and liability management

Internet rate / liquidity management

Short terms loans/ deposits

Economics research and analysis

Customer risk management

Non deliverable forwards

Fx option

Internet rate derivations

Internet rate swaps

FRAs

Internet rate options

Transferring of money

To fulfill the basic objective that is socio-

economic nature HBL perform following

important function.

FUNCTION OF

HBL

Commercial banking

Corporate banking

Investment banking

Retail banking

Islamic banking

Financial engineering.

FUNCTION OF

SCB

Consumer banking

Personal banking

Priority and international banking

Preferred banking

Private banking

SME banking

Wholesale banking

Islamic banking

Online banking

Mobile banking

CONCLUSION: