Prime Commercial Bank is committed to be a sophisticated prominent and professional institution, providing one window service to its customers. The Bank visualizes itself as a full service institution dedicated to the specialized needs of its niche markets.
Prime Bank's activities primarily cover the provision of a full range of banking services to the commercial middle market segments of the country, with increasing emphasis in future on the growth of the consumer finance, agriculture and small and medium enterprise sectors.
Prime Bank's operating strategy is focused on continuous implement of the internal procedures and operating systems top of its operations. Provide better services to its customers while ensuring effective control on the quality
The upper management along with the managers of the different departments sets the goals. The subordinates are encouraged to participate in decision making in periodic meetings. The employees at Prime Commercial were reluctant to change their routine procedure. In times of crisis, the upper management discusses it with the subordinates for the optimum results. Subordinates are encouraged to deliver innovative ideas. Therefore task-oriented relation exists between the managers and their subordinates. The skills of the subordinates are enhanced through an on job-training program organized as per need. High performance standards are set for the employees. Every employee is taught what are they suppose to do and then he/she is asked to perform it. If the employee is still not performing well then he is trained again for the job. Every problem faced by the subordinates is discussed with the concerned manager first before raising it in the meeting. The authority is delegated to an extent for motivating the subordinat ...