The Bank will be moving from current geography to Business Matrix. With this end in view the Board of Directors has approved an interim-structured Organogram and reporting Lines for introduction in the bank. The restructured Organogram and the reporting lines are shown here in below and to be followed by all tiers of Management as an interim arrangement: Organ gram of CBL Shareholder
Board of Directors
Managing Directors
Deputy managing Directors Head office
Company Secretary Executive Committee
Audit Committee
Chief Advisor
Audit & Inspection Division Central Accounts Division Credit Division Marketing, Development Division Board Secretariat & Share Division
Figure: Organ gram of CBL
General Services Division Human Resources Division Cost Control Department International Division Information Technology Division
Banking and its Definition:
Treasury & Money Market DivisionDivision Research & Planning Division
The word “Banking” has been defined to mean the accepting, for the purpose of lending or Law & Recovery Department
investment of deposits of money from the public, repayable on demand or otherwise, Card Cell
withdraw able by cheque, draft, and order or otherwise. The term “Banker” includes any person acting as a one who has an account with a banker or for whom a banker habitually undertakes to act as such. So account is a contract between a Bank and customer. On the basis of accounts the banker customer relationships build up. The term banking has also been defined as: USA: Act of Congress defines Banking “As the Business of dealing in Credit “Japan: Act of 1927 in Japan defines bank as “Institutions, which carry on operations of given as well as receiving credit” From the above definitions we find three major functions of a Bank•
Taking Deposit
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Extending Loans & Advances
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Foreign Exchange Business