Tuesday, March 17, 2009

Whats inside an ATM Machine ?

To see an ATM Machine from Bank's Point of View.... Visit the following link

How Money Laundering Works

How Money Laundering Works

by Julia Layton

Patwari (Revenue) Record System in Pakistan

We as bankers considers the land a good security for our loans and advances. In Pakistan as we dont have any proper record of land therefore we rely on the record of revenue system. This record was acutually established before Partition to collect revenue from farmers. 

This record is very important and for bankers, especially the credits staff it is essential to have good knowledge about this system.  While googling on the internet I found some very good links which have good information about Patwari system and I want this to share with all of you so you can know more about it, coz the other option is very tough, time taking and full of sweat. I mean the option of getting knowledge from your experience. Although, it is necessary to go and deal them yourself because there are lot of things which are out of books and can only be dealt through your experience.

Here are the links,



Tuesday, March 3, 2009

Its You ! which Matters ! Not JAIBP

Some days ago I received an email from a visitor asking about the job prospects after passing Stage-I of JAIBP. For that I would like tell all you guys that IBP is to improve your qualifcation and through this you not only improve your CV but also get knowledge about banking. Its always good for bankers to keep improving their knowledge but this doesn't guarantee a job to you, unless and untill you can prove your self and justify this degree in interview.

Therefore, make a habbit of keeping yourself upto date not only during your IBP exams but through out your life. Try to utilize available resources around you. For example the papers and magazines available in your office or college. Websites which contains update information on banking, e.g. www.ibp.org.pk , www.sbp.org.pk and there are many other sites you may find on this blog which can help you getting updated info.

IBP website is one of some good sites which contains not only updated information about latest jobs but also about economic events. You can read the economic newsletter on their website which is very good and informative. There is also an option for subscription of that newsletter (Although it never worked for me... I subscribed but never received any mail.) which you can use if you dont have access on internet but only the email . 

Similalry, SBP is a comprehensive website containing all the latest news about banking industry and SBP activities.

So keep your self update with the latest information .... because in economics they say you get a better bargain / deal if you have better information about the market.... and this is a rule of thumb.... go for it.

Good Luck!