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In the name of DzAllahdz the most beneficent and merciful who gave us
strength and knowledge to complete this report. This report is a part of our
course DzPrinciples Of Managementdz. This has proved to be a great
experience and learning for us. This report is a combined effort of Mr.
Kamran Israr Khan, Ejaz Jameel, Waqas Jawaid
Jawaid,, Ali Afridi
Afridi..
We would like to express our gratitude to our Principles Of Management,
teacher Mr. Amin Ranjani who gave us this opportunity to fulfill this
report. We also would like to thanks our colleagues who participated in a
focus group session. They gave us many helpful comments which helped us
a lot in preparing this report.
We would like to thanks the Manager Operations of NIB Bank, Mr.
Sarfaraz Bhojani who provided us a great deal of information and shared
his valuable experiences. How they used the four functions of
management in conducting their management operations of NIB Bank.
NIB Bank Limited started as NDLC-
NDLC-IFIC Bank Ltd. which was incorporated
in March 2003 as a public limited company.
In April 2004 the Pakistan operations of Credit Agricole Indosuez were also
amalgamated with and into NIB.
In March 2005 Temasek Holdings of Singapore acquired 25% shareholding
in NIB Bank, through Bugis Investments.
NIB Bank's vision is to rank amongst the top 5 banks in the country.
Therefore towards the end of June 2007 it acquired majority shares of
PICIC with the aim of merging PICIC and its commercial banking subsidiary
PICIC Commercial Bank Limited (PCBL) into NIB.
The legal merger of PICIC & PCBL into NIB took place on December 31,
2007
NIB has the highest paid up capital of Rs. 40.4 bn amongst all banks in
Pakistan.
MISSION STATEMENT
OUR VISION
OUR VALUES
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