Allied Bank Limited of Pakistan.

There are a lots of banks and the services given by these banks are similar with each other. But the customer want to get the A/C in the Bank that give the customers the services beyond the expectations. Allied Bank Limited of Pakistan is one of the leading banks in Pakistan’s Banks History. It is first established in Lahore Pakistan then this Bank is given name the Allied Bank Pakistan. Allied Bank Limited of Pakistan is most concerning and serving its customers since 1942. Branches/ ATM’S of Allied Bank Limited of Pakistan If you can locate the Allied Bank Limited of Pakistan according to your area then go to this locator to get the services easily and more rapidly http://abl.com/branch_atm/list.asp History of Allied Bank Limited of Pakistan Allied Bank Limited of Pakistan was the first bank to be established in Pakistan. It started out in Lahore by the name Australasia Bank before independence in 1942; was renamed Allied Bank of Pakistan Limited in 1974 and then Allied Bank Limited of Pakistan in 2005. In August 2004 in Allied Bank Limited of Pakistan, because of capital reconstruction, the Bank’s ownership was transferred to a consortium comprising Ibrahim Leasing Limited and Ibrahim Group. Today, with its existence of over many Years, the Bank has built itself a foundation with a strong equity, assets and deposit base. It offers universal banking services, while placing major emphasis on retail banking. The Bank also has the largest network of over 800 online branches of Allied Bank Limited of Pakistan and offers various technology-based products and services to its diverse clientele.During 1991, the Government of Pakistan decided to privatize Allied Bank of Pakistan Limited. Services given by Allied Bank Limited of Pakistan Consumer Services: • • • • • • • • • • •

Internet Banking Online Banking Corporate Leasing ATM Network Unclaimed Deposits Deposit Account SME Agriculture Other Services Profit Rates Corporate Banking Project Finance - Long Term Financing

Commercial Services:

- Short Term Financing - Trade Finance •

Investment Banking Project Finance - Syndication - Advisory Financial Institutions & Cash Management Cash Management - Home Remittances


Career at Allied Bank Limited of Pakistan Allied Bank Limited of Pakistan is amongst the leading commercial banks in the country and has always played a pioneering role in introducing innovative, technology-based banking services. The role played by its human resources is highly valued, both in terms of their skills and dedication in implementing unique banking services. http://abl.com/career/default.asp Internet Banking of Allied Bank Limited of Pakistan Banking is now at your fingertips! Allied Direct Internet Banking offers you the convenience to manage and control your banking and finances – when you want, where you want! It’s Simple, Convenient, Secure and Faster. Go for it through below given link: http://abl.com/commercial/internet_banking.asp
Scribd Upload a Document
Top of Form

Search Documents

Bottom of Form

Explore

Documents • • • • • • • • • • • • • Featured Recent Books - Fiction Books - Non-fiction Health & Medicine Brochures/Catalogs Government Docs How-To Guides/Manuals Magazines/Newspapers Recipes/Menus School Work + all categories

People • • • • • • • • • • • • • • • • Most Followed Popular Sign Up | Log In Authors Students Researchers Publishers Government & Nonprofits Businesses Musicians Artists & Designers Teachers + all categories

Wait! Your document isn't published yet.

Nobody else can see your documents until you enter your email address. This is a legal requirement. We will never spam you, ever.
2 p. Methodolo gy
Top of Form

topbar

Email:

Send

Never email me for any reason at all. (We'll send you a password and that's it.)
Bottom of Form

Failure: That email address is in use. If you already have a Scribd account, simply sign in below. Welcome to Scribd, ! Your new password has been emailed to you. Your documents have now been published on Scribd. One moment while we log you in to your new account... Other options:
Top of Form

topbar

These aren't mine

Failure:
Bottom of Form

I already have a Scribd account
Top of Form

topbar

Email or login: Failure:

Password:

Sign In

Welcome back, ! Your recent uploads have now been published on Scribd. One moment while we log you in to your new account...

Bottom of Form Top of Form

Reset My Password Please enter an email or login first We've sent you an email that will let you reset your password. Failure:
Bottom of Form

1
First Page Previous Page Next Page

/ 61
Sections

SectionsSection 1 of 96 • • • • • • • • • • • • • • • • • • • • • SUBMITTED BY:p. 1 DESCRIPTIONp. 6 EXECUTIVE SUMMARYp. 8 INTRODUCTION TO ORGANIZATIONp. 9 VISIONp. 9 MISSIONp. 9 CORE VALUESp. 9 MEANING OF BANKp. 10 Meaning of Bankingp. 10 The Pre Independence History (1942 to 1947)p. 11 Australasia Bank (1947 to 1974)p. 11 Allied Bank (1974 to 1991)p. 12 Allied Bank (1991 to 2004)p. 12 Allied Bank (2005 to Date)p. 13 Branch Networkp. 14 Board of Directorsp. 15 Audit Committeep. 15 Company Secretaryp. 16 Legal Adviserp. 16 Shares Registrarp. 16 Central Officep. 16

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Head Office/Registered Officep. 16 Website & Emailp. 16 Toll Free Numberp. 16 Management System of ABLp. 17 Allied Bank Managementp. 17 Senior Executive Vicep. 19 Executive Vice Presidentp. 19 Vice Presidentp. 19 Senior Vice Presidentp. 19 MANAGEMENT HIERARCHYp. 19 Regional General Managerp. 20 Head of Departmentp. 20 FUNCTIONAL HIERARCHYp. 20 STAFF ORDER OF ASHRAFABAD BRANCHp. 21 i. PLS Accountp. 23 ii. Current Accountp. 23 iii. Allied Basic Banking Accountp. 23 iv. Allied Business Accountp. 24 v. Foreign Currency Depositsp. 24 vi. Monthly Profit Plusp. 25 vii. Rewarding Term Depositp. 25 viii. Allied Advance Profit schemep. 25 ix. Behtar Munafa Accountp. 26 x. Behtar Munafa Term Depositp. 26 xi. Allied e-Savers Accountsp. 27 Agriculture Financep. 28 Farm Loansp. 28 Non-Farm Loansp. 28 Other Servicesp. 28 Internet Bankingp. 29 Online Bankingp. 29 Corporate Leasingp. 29 Allied ATM Networkp. 30 1-LINK ATMp. 30 M-Net Networkp. 30 CONSUMERp. 31

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Visa Debit Cardp. 31 Get Cashp. 31 Shop Anywherep. 31 Enjoy Travelingp. 32 Fuel Upp. 32 Have Funp. 32 Stay Alertp. 32 Activation Instructionsp. 32 Featuresp. 33 CORPORATEp. 35 Corporate Bankingp. 35 Investment Bankingp. 35 Financial Institutionsp. 36 OWN PRACTICAL WORKp. 37 DEMAND DRAFT:p. 38 PAY ORDER:p. 38 ACCOUNTS OPENINGp. 38 ISSUANCE OF CHEQUE BOOKp. 39 HOW TO CLOSE AN ACCOUNT:p. 39 STRENGTHSp. 40 WEAKNESSESp. 40 OPPORTTUNITIESp. 40 OPPORTUNITISp. 44 THREATSp. 45 Balance Sheetp. 47 PROFIT & LOSS A/Cp. 48 VERTICAL ANALYSIS of BALANCE SHEETp. 51 HORIZANTAL ANALYSIS of BALANCE SHEETp. 52 LOAN TO DEPOSIT RATIOp. 53 LOAN TO ASSET RATIOp. 53 NET PROFIT RATIOp. 53 RATE OF RETURN AT LOANSp. 53 RETURN ON ASSETSp. 53 RETURN ON EQUITY CAPITALp. 53 LOAN TO DEPOSITS RATIOp. 54 RETURN ON EQUITYp. 60

• •

SUGGESTIONS & RECOMMENDATIONSp. 61 CONCLUSIONp. 61

Zoom Out Zoom In Fullscreen Exit Fullscreen Select View Mode

View Mode
BookSlideshowScroll
Top of Form

Bottom of Form

Readcast Add a Comment Embed & Share

Reading should be social! Post a message on your social networks to let others know what you're reading. Select the sites below and start sharing.

Readcast this Document
Top of Form

2ddc913b54b54f

Add a Comment

Submit Characters: 400
1 document_comme 4gen

Bottom of Form

Share & Embed
Add to Collections

Download this Document for Free
Auto-hide: on

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 1 .e of Commerce G.

INTERN SHIP REPORT ON .

SUBMITTED BY: IMTIAZ LATIFROLL NO.C om .603Bs.

(Hons)2006 -GCUF-919621SESSIO N 2006-10 .

COLLEGE OF COMMER CE .

GOVERN MENT COLLEG E .

UNIVER SITYFAIS ALABAD 5 TH .

October 2009 .

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 2 .e of Commerce G.

.In The Name of ALLAH. The Merciful. The Compassio nate.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 3 .e of Commerce G.

DEDICATI ON “ The .

Holly Prophet Mohammad (PBUH) from where all systems .

and standards for quality can be downloa ded .

from daily .directly. which are applicable e verywhere.

.life to the dynamically changing business environment ”.

& “My Dear parents and Teachers .

who taught me the true meaning of life” .

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 4 .e of Commerce G.

The environmenta .PREFACE We are living in a time of extraordinary change.

l and economicthre at is frightening large on the entire sphere of Pakistan .

economy. Pakistanifirms must design and make better products and services and .

What was once regarded enough is no .should find betterways to market them.

What were once limitless resources are now to be used more .longer competitive.

efficiently. Todayan organization is on the leading edge.I have tried my best .

to peep into the generic as well as real cumulative problemsface d by the .

pioneer of banking industry in Pakistan. Several chapters have .

beenincluded in the report but they seem to be very conventional in nature .

givingsupple mentary justification to the fact that ABL is the most conventional .

Imtiaz Latif Roll # 603 .of theconventio nal bank.

INTERNSHI P REPORT ON ALLIED BANK .

C .LIMITED 2009Colleg e of Commerce G.

University Faisalabad 33 Allied Visa Credit Card .

Welcome to the world of privileges. benefits and savings with your AlliedVisa .

In order to cater to your growing financial needs we are proudto .Credit Card.

introduce Allied Visa Credit Card with The Lowest Service Charge ever! .

Sonow you can save money where it counts and spend lavishly at your .

favoriteplaces with greater flexibility. convenience and most importantAffordability! .

With your Allied Visa Credit Card you can enjoy a variety of state-of-theartfeatures .

and unmatched value by spending at over 49.000 merchants acrossPakista .

you .n and 27 million merchant outlets worldwide! And what more.

There are two types of .canalso use your credit card at over 1 million ATMs internationall y.

Allied Visa Credit Card: a. Allied Visa Gold Credit Card .

Allied Visa Platinum Credit Card a.b. Allied Visa Gold .

Credit Card With your Allied Visa Gold Credit Card every .

Pakistani can now enjoy thebenefits of a Gold Card internationall y with unmatched .

Features .savings greater flexibility.con venience and security.

your free credit . Pay Later With your Allied Visa Gold Credit Card.Buy Now.

period allows you to payfor your purchases up to 50 days after the date of purchase. .

at your .So now you can buyall the things you want whenever you want .

your . Flexible Repayment When paying your credit card bill.own convenience.

Allied Visa Gold Credit Card gives you theoption to either pay the entire amount .

according to your statement or a minimumof 5% of your total .

outstanding balance. Cash Advance Facility As an Allied Visa Gold .

you are entitled up to 75% of youravailable credit limit in cash.Credit Card member. Just go .

to your nearest ATM with the VISA or PLUSsign and avail the facility of withdrawing .

cash 24 hours a day. INTERNSHI P REPORT .

ON ALLIED BANK LIMITED 2009Colleg e of Commerce .

C University Faisalabad 34 .G.

Allied Easy Installments (AEI) The Allied Easy Installments (AEI) plan .

provides you with the facility to pay youroutstandi ng card balance in equal and .

30 or 36 months. 12. 18. 24. So .affordable monthly installments spreadover 3. 6.

now you can easily afford anythingfrom everyday household appliances to exotic .

Balance Transfer Facility In case you have .vacations abroad.

outstanding balances on other cards. consolidate these ontoyour Allied Visa .

Gold Credit Card with the lowest BTF rate and save more onyour outstanding payments .

b.than ever before. Allied Visa Platinum .

Credit Card With your Allied Visa Platinum Credit Card .

you can enjoy exceptional benefitsand a host of local and international .

benefits like never before! Features Visa Platinum Golf Fancy a game of golf? With .

you can enjoygolf at its best with complimentar .your Allied Visa Platinum Credit Card.

discounted green fees and access to some of the world‟s most .y tee-offs.

Platinum Life Life is a unique platform that showcases .celebrated golf clubs.

exclusive programs and events speciallydesig ned for Visa Platinum Credit .

you are eligible to join this .Cardholders. With your Allied Visa PlatinumCredi t Card.

exclusive platform and avail manyexciting services like Platinum Club. .

ExperientialTr avel and much more.Platinum Dining. . Platinum Golf.

Visa Platinum Club As a member of the Visa Platinum Club. you are part of an .

internationall y reputedrewar ds program that provides an unmatched .

quality of services and customizedlu xuries to all Allied Visa Platinum .

Credit Cardholders. Visa Experiential Travel Your Allied Visa Platinum .

With the Visa Experiential .Credit Card now takes you further than ever before.

choose the package of your choice asyou travel the world and .Travel Program.

enjoy exotic travel adventures catered especially to yourtaste. And also .

.enjoy Allied Visa Gold Credit Card holder facilities.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 35 .e of Commerce G.

CORPORATE The Corporate Investment Banking Group (CIBG) holds the Bank‟s loan .

portfolio and enjoys a leading position in corporate lending in the country. It .

offersa wide range of financial services to medium and large sized public and .

privatesector entities. providing and arranging tenured .These services include.

cash management. corporateadvi sory. underwriting. trade .financing.

products. corporate financeprodu cts and customer services on all bank .

Vast amount offunds to large industrial and corporate .related matters.

sectors of the economy and because ithas played a big part in major investment and corporate .

banking transactionsA llied Bank is considered one of the top investment banks in the .

country today. Corporate Banking CBG offers a wide range of .

financial services to medium and large sizedpublic and private sector .

entities. CBG has expertise in providing exemplarycus tomized and personalized service to its .

.Corporate Customers under theRelationsh ip Management concept.

.which is basically catering to all the customer needs through „One Window‟ operations.

CBG has strategically placed its presence in all major corporate hubs of the .

It . Lahore. Multan and Faisalabad.country namely Karachi.Islama bad.

presently enjoys a leading position in corporate lending in the countryand .

has played a key role in economic development of the country by providinglarg .

short term.e facilities. long term. working capital etc in all the key sectors ofthe .

economy. CBG has notonly able to . Despite being a late entrant in Corporate Banking.

position itself as one of the prime banks for the existing clientele butalso .

created and cemented new relationships with several top tier .

names in themarket. Investment Banking ABL – .

IBG was established in 2005 and focuses on the InvestmentBa nking market. .

It has the highest number of Successful Arrangement andParticipati on in Key .

Privatization & Acquisition Financing Transactions achieved .

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

e of Commerce G.C University Faisalabad 36 .

by any Investment Banking Group in Pakistan. It has already penetrated .

theinvestmen t banking market by taking the lead in a number of major .

transactionsa nd arranging funding of more than US$ 6 billion to date.ABL – .

IBG is reputable for building business on the basis of strongcorpora te .

relationships and showing a clear understandin g of StructuredFin ance. The .

who .team consists of dedicated and young professionals with extensiveexp erience.

provide various Advisory & Arrangement Services to CorporateClie nts. ABL-IBG .

has played an active role in Debt Origination and Distributionth rough .

innovative and tailor made solutions for its target customer base. It isalso .

well known for having successfully completed mandates in a timely manner.and .

is regarded as one of the most active Investment Banking entities in .

thecountry today. Financial Institutions AB .

L‟s Financial Institutions team shows a strong commitment to product .

and business development.import . Our client portfolio includes top domestic names.

top global financial institutions.ant regional players.m . leasing companies.

microfinance. the insurance sector and specialist money transfercomp .odarabas.

ABL's dedicated team of Financial Institution professionals brings .anies.

and .awealth of local and international expertise to all facets of this complex industry.

can serve as your single point of contact for a comprehensiv e set of productsand .

. As our institutional customers face continuing challenges.services.

.they lookto ABL for comprehensiv e transactional banking solutions.

.greater operationaleff iciency and broad geographic coverage.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

e of Commerce G.C University Faisalabad 37 .

OWN PRACTICAL WORK During the course of my internship at .

I assisted the manager .Allies Bank of Pakistan Ashrafabad BranchFaisala bad (0494).

Moreover I worked in theremittanc e department clearing .operations.

Department and I learned:  Account Opening and Closing  .

Filling of deposit slips of various types of deposit, cheque,

onlinetransac tion etc.

Preparation of Weekly and Monthly Position

Allied Express cash payment (Remittance paid on cash counter)

Arrangement of vouchers by segment of deposit types.

Calling and Checking of Cash, transfer, clearing, online Transactions

fromday end report.

Issuance of Pay Order, Demand Draft

Making of Pak A/CThe purpose of the bank is to provide financial

services to general public. And forthis purpose different banks provide

different services to the people in differentform s. The main functions and services

which ABL provides to different Peoplesare as follows:Open different accounts for .

different peoplesAccep ting various types of depositsGrant ing loans and advancesFor

proper functioning of branches and the overall bank has been divided indifferent

departments. These departments handle different jobs so that division

ofwork is there for improvement of functions and also it is easy to control

thesituation. The general division is as follows:Cash DepartmentD eposit DepartmentCl

earing department

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg

e of Commerce G.C University Faisalabad
38

Advances DepartmentR emittance DepartmentH uman Resource DepartmentT

echnology DepartmentA ccount Opening and Closing Department .

DEMAND DRAFT: Demand draft is a written order drawn by a branch of a bank .

upon thebranch of same bank to pay certain sum of money to or to the order .

of specifiedpers on. A demand draft may be issued against the written .

request of customerbefo re issuing it must be seen that demand draft is in order. .

PAY ORDER: A Pay order is written authorization for payment made in a receipt .

fromissued and payable by the bank. To the person named and address. A record ofall .

ACCOUNTS OPENING .issued and paid should be maintained.

When a customer wants to open an account. the bank officer givesapplicati .

All information. is . which is necessary to be known by thebank.on form to him.

Some essential documents alsorequire to .requirements of the application form.

be attached by the customer basically following information is required: .

Applicant‟s Name Date of BirthNationali tyIdentificatio n No. .

Mother‟s name Residential AddressTelep hone NumberCurre ncy of .

AccountNatur e of BusinessResi dential StatusSpecial instructions .

regarding the account .

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED .

C University Faisalabad .2009Colleg e of Commerce G.

39 Signature of the applicant ISSUANCE OF CHEQUE BOOK .

When a customer opens an account with the bank he is provided withchequebo .

A chequebook contains twenty five andfifty .ok for withdrawals of account.

leaves. The chequebook also carries a requisition slip for issuance of newchequebo .

The slip is duly filled and signed by the customer. .ok.

HOW TO CLOSE AN ACCOUNT: The account can be closed by the .

. The customer is required tosubmit an application for closing the account.customer.

The .Then the account is closed out andhis balance is paid to him.

chequebook is returned to bank and the officercancels the remaining cheques in chequebook. .

INTERNSHI P REPORT ON ALLIED BANK .

C .LIMITED 2009Colleg e of Commerce G.

University Faisalabad 40 .

SWOT ANALY SIS .

STRENGTHS WEAKNESS ESOPPORTT .

UNITIESTHR EATS .

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

e of Commerce G.C University Faisalabad 41 .

SWOT ANALYSIS The SWOT analysis is a comprehensiv e and critical .

overview of theoperations . rules and regulations. procedures. services and other .

relatedactiviti es. the analysis include the analysis of ABL Bank Branches in .

the light ofthe entire branch and Bank specific variables which directly or indirectly .

affect theoperations of the branch. The tool selected for the analysis of .

SWO T analysis is an acronym that stands for Strengths.organization isSWOT analysis. .

Weaknesses. Opportunity and Threats. This is a careful evaluation of .

an organization‟s strengths to avail an opportunity by overcoming .

its weaknesses and phasing outall the threats to its survival in .

order to grow and survive. STRENGTHS Allied Bank Limited has certain strengths .

whichare different from the other Banks. ABL is the first Muslim Bank of the .

which is owned and managedby its own employs. This is the biggest .world.

strength of the Bank.A feeling of ownership is present in every employ. which not .

only helpsin increasing the productivity of employs but also creates sincerity with .

Strength is the high motivation of employees to their work .theBank in them.

It will be in their own benefit. .because theyknow that what so ever they do.

which they will earn.Theyknow that the profit. will be distributed among .

theemployee s. So they work with high motivation and .

so the employees . Salaries are very reasonable.concentration .

.are not financiallydist urbed and they devote their selves fully to their work.

They have wide area network in all over the Pakistan. so that .

theycover a lot of portion of cash transactions and make .

customer satisfied. The Bank has very strict rules and regulations about the .

The customers are treated as very special .customer'sco mplaints.

persons in the .

INTERNSHI P REPORT ON ALLIED .

C .BANK LIMITED 2009Colleg e of Commerce G.

The branch is linked .University Faisalabad 42 Bank.

through an online network of BRANCHES. thusenabling them to serve customer in .

This branch is provided with latest computer which .better way.

increases the speed ofcomputer work.The branch is situated in commercial .

area were business activities performgreat er as compare to residential .

Thus it increases the number ofcustomers. The Branch has the most experienced .area.

which is a good combination of experienced .and the least experienced staff.

All Pakistan branch network in remote areas.heads and exuberance ofyouth. .

.

INTERNSHI P REPORT ON ALLIED .

C .BANK LIMITED 2009Colleg e of Commerce G.

University Faisalabad 43 WEAKNESS ES .

No entertainment facilities are available in the Bank whencustome r goes to the .

Thesefacilities can be the newspaper. Magazines. .Bank and wait for a longer time.

etc.The Branch has a good staff combination on the basis of experience. .

but theirtraining capabilities are not up to the requirements of the fast .

The technical training of the staff is negligible e. .changingbank ing environment.g.

in case of the absence ofcomputer there is no alternate trained personal who .

The organization is very much mechanistic .can record the dailytransacti ons.

and provides no flexibility toencourage creativity.The organizationa l environment is not .

I n spite of the presence of technology many jobs are done manually .cooperative.

drafts for fax messages and other calculations. which could .such asthe letters.

beeasily. done in MS Word and Ms Excel. .

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

e of Commerce G.C University Faisalabad 44 .

OPPORTUNI TIS The policies of the new government to uplift the economy and .

pursuefinanci al sector reforms are expected to yield positive results in .

The ABL is very well praised to .thebanking industry of the country.

As a result of the different steps taken by the .availpromisin g opportunities.

Governmentre garding the betterment of the economy. Small borrowers .

are attractedto get the financing and start small businesses. The ABL . So.

has anopportunity to attract the customers by giving them attractive schemes.The .

y have wide area network in all over the Pakistan. if ABL can make itpossible .

.the fast delivery of fund from abroad through online banking.

A .itcan cover the major market of Pakistan which still is capturing by 'Hundi'.

considerable portion of the labor force of the area is serving overseas.Thei r families can .

be encouraged to use ABL as channel for remittances.T he Internet facility in the .

The Bank has the basic .area provides an opportunity to ABL to get Online.

infrastructure . which can facilitate the onlineprocess . .

The location of the ABL. Ashrafabad branch itself provides an opportunity toABL to get .

more and less cost deposits.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg

e of Commerce G.C University Faisalabad
45

THREATS
First threat is that of political influence

The biggest threat in the banking sector is the continuous downfall of thecountry

economy since the last few years. If this downfall remains formore few sears

then it may be the great barrier in achieving the Bank'sobjecti ves.

High-pressure interest groups are developing which poses a constant .

threatto Allied Bank. The biggest threat to the operational success of .

Many private sector banks are .the branch is the better competitor‟s services.

.offering higher rates of return to customers than Allied Bank of Pakistan.

Ashrafabad branch is the increasing .One of the biggest to the ABL.

Most of these customers were observed to .rate ofdissatisfies customers.

bedissatisfied with the delays in their servicing.New Privates Bank coped with .

emerging new Technology of IT. .

INTERNSHI P REPORT ON ALLIED BANK .

LIMITED 2009Colleg e of Commerce G.C .

University Faisalabad 46 FINAN CIAL .

STATE MENTS .

BALANCE SHEETPRO FIT& LOSS A/CCASH FLOW .

STATEMEN T .

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 47 .e of Commerce G.

Balance Sheet As at December 31. 2008 Rupees in ‘000’ .

754 29.653.857 .2008 2007 2006ASSETS Cash and balances with treasurybank s 23.739.

096.23.011Ba lances with other banks 2.703.449 1.779 668.042.011Len dings to .

financial institutions 15.631.050.419.183 18.118 .793.241 19.239In vestments 82.

972.953.008 168.033.958.241Ad vances 212.407.634 Operating .83.280 144.463 46.

029.111Def erred tax assets 1.fixed assets 11.436 7.628 6.548.445.134.223 .

680.168Other assets 17.662.369.705.691 10.36136 6.192 .161.374 10.431 638.

007Bor .723 252.490 3.026.384 2.776 LIABILITIES Bills payable 2.109.278.494.320.952.

rowings 27.151 22.933.778.425D eposits and other accounts .656 18.410.

297.324S ub-ordinated loans 2.000 2.031.382 206.972.499.000 .498.321 263.475.

2.- .500.000Lia bilities against assets subject tofinance lease .

616 7.620.267344 .-Other liabilities 13.332.119.-Deferred tax liabilities .059 5.

878.481 234.023 NET ASSETS 22.578 300..614 19.339.242 17.687.324.231.753 .355.

644 5.REPRESENTED BY Share capital 6.386.463.488.642Res erves .370 4.

776 6.536.713 6.133.209Una ppropriated profit 8.697 6.050.5.971.804.308 .

5.647Su rplus on revaluation of assets .607.117 18.229.408.79620. 805.391 16.

469.1.458.878.753 .851 1.242 17.550. 355.497 1.10622.687.614 19.

.

.

.

.

INTERNSHI P REPORT .

ON ALLIED BANK LIMITED 2009Colleg e of Commerce .

G.C University Faisalabad 48 PROFIT & LOSS A/C .

2008 Rupees in ‘000’ 2008 2007 2006 Markup/Return/Intere st earned .For The Year Ended December 31.

201.540 21.559.215.422 17.30.570.010 .507Mark up/Return/Intere st expensed 16.806 10.093.

6,793,101Net Mark-up/Interest income 14,010,734 11,108,412 10,422,406Provi sion against non-performing

loans and advances -net 1,372,155 2,712,936 583,305Provisio n for diminution in the value of investments -net

1,781,110 719 (14,623)Bad debts written off directly 2,736 1,187 136,1893,156,0 01 2,714,842 704,871Net

Mark-up/Interest income after provisions 10,854,733 8,393,570 9,717,535NON MARKUP/INTEREST

INCOMEFee, commission and brokerage income 2,291,459 2,062,677 1,353,888Divide nd income

1,420,364 147,184 193,255Income from dealing in foreign currencies 230,060 194,879

282,285Gain on sale of securities 151,068 1,439,387 376,792Unrealiz ed loss on revaluation of investments

classifiedasheld for trading - net - (1,463) (30,180)Other income 59,154 77,435 273,028Total Non-

markup/Interest income 4,152,105 3,920,099 2,449,06815,00 6,838 12,313,669 12,166,603NON

290.089.578Provisi .913 5.340 5.MARKUP/INTEREST EXPENSESAdmin istrative expenses 8.944.

307Provisio n against offbalance sheet obligations .579 205.net 214.284 119.net .on against other assets .

546Other charges 390.898 .824 39.885.190.877 256.078Total nonmarkup/Interest expenses 8.805 2.869 7.

.6.940 5.593 5.505.076 .953.360.-PROFIT BEFORE TAXATION 6.509Extraordinary/unusual items .120.

6.094Taxati on .887.215.425 1..299 2.829 .Prior years .-Deferred 134.829.661.Current 1.092.

918 2.381) 48.686 4.964.844PROFI T AFTER TAXATION 4.158 .263.7521.25 4 1.156.076.876.(10.

731.397.971.979Transf er from surplus on revaluation .250Unapp ropriated profit brought forward 6.607.308 5.796 2.4.

84 9 5.751.431PROFI T AVAILABLE FOR .640.4526.988.541 32.of fixed assets -net of tax 17.701 19.497 2.

16Diluted .716.43 6.655 7.145.148.681Basic earnings per share (in Rupees) 6.535 9.APPROPRIATION 11.31 8.

earnings per share (in Rupees) 6.31 8.16 .43 6.

.

.

.

.

.

.

.

.

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED .

C University Faisalabad .2009Colleg e of Commerce G.

49 Cash Flow Statement For the year ended .

December 31. 2008 CASH FLOWS FROM OPERATING ACTIVITIES 2008 2007 2006 Pr .

094Less: Dividend income (1.940 5.076 6.892 6.839Adjustment s for non-cash charges .120.255) 4.420.ofit before taxation 6.184) (193.805.700.364) (147.953.576 5.661.467.

656 238.881Provision against nonperforming loans and advances(including general provision) – .242 341.Depreciation/amortiz ation 420.

781.110 719 (14.372.305Provision/ (reversal of provision) for diminution inthe value of investments – net 1.155 2.623)Unrealized .net 1.936 583.712.

824 39.180Provision against off balance sheet obligations – net 190.546Operating fixed assets written .805 2.loss on revaluation of held for trading securities --.463 30.1.

307Gain on sale of operating fixed assets (9.off 20.297) (68.711 -----Provision against other assets – net 214.889) (14.397)Bad debts written off .579 205.284 119.

048 1.736 1.388 8.1893.692.203.626.058 630.187 136.113.008.940 7.992.227(Increase)/ decrease in operating assets Landings to financial institutions 2.998 .581.173 3.directly 2.749 9.

397 203.087.546.354)Other assets (excluding advance taxation) .272.250 327.857)Held for trading securities 32.939.421Advances – net (45.619) (27.769) (33.(13.

887) (2.453.059) (26.396.961.408) (49.478) Increase/(decrease) in operating liabilities Bills payable (541.895) (292.894) 1.114.546.(5.688) (48.377 .216.

011 8.767.613)Borrowings from financial institutions 4.621.058 44.432 .502.627 640.845.145.496.941.595Deposits 33.26743.203 2.802.184 4.074.(170.939 57.056Other liabilities 6.

535.260.489 (2.777) (2.605 11.386.148.715.66.054Income tax paid 3.844) .587.099.610.3054.073 53.12 2 48.

828 9.633 46.349.210CASH FLOWS FROM INVESTING ACTIVITIES Net investments in available-for-sale .328.Net cash flows from operating activities 563.

522) (19.339)Net investments in heldto-maturity securities (3.782.525.404Net investments in .347.298 (39.953.608) 2.securities 1.493.945 16.749.

685)Proceeds .638) (1.659.493.362.subsidiaries --(437.897) (1.722 149.956 193.997.537Investments in operating fixed assets (2.512) ---Dividend income 1.

241.from sale of fixed assets 155.331) .461.009) (4.746) (38.480 63.752 Net cash flows used in investing activities (3.543.021 102.

500.CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of subordinated loan --.000Repaymen t of sub-ordinated loan (1000) (1000) .--2.

971) (1.754.753.755) (1.971) .096.654) Net cash flows (used in) / from financing activities (1.---Dividends paid (1.902.

084) 5.403.346 Increase in cash and cash equivalents (4.490.(1.735.064 6.985.225 CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR .755) 1.903.

302.842.29.618 64.753.648 17.999 123.950 .472 EFFECT OF EXCHANGE RATE CHANGES ON CASH 510.093 24.

627 30.711 24.352.AND CASH EQUIVALENTSCASH AND CASH EQUIVALENTS AT END OF THE YEAR 25.367.617.647 .

.

.

.

.

.

.

.

.

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 50 .e of Commerce G.

VERTI CALAN DHORI .

ZONTA L .

ANALY SIS .

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 51 .e of Commerce G.

VERTICAL ANALYSIS of BALANCE SHEET ASSETS .

%age . %age Rs.Amount in “000” 2006 2007 2008Rs. %age Rs.

745. 023 9.408.306 .82% 30.Cash andbalances withtreasury andother banks24.

239 7.05 0.750.56% .02%Lendin g tofinancialinst itutions19.50% 25.9.533 7.

419.793.241 18.63% .183 4.953.241 5.75% 15.18.31%Invest ments 46.

118 22.631.958.033.53%Advan ces .net 144.463 26.15% .634 57.83.23% 82.

168.1 11 2.61% 212.280 52.008 58.972.08%Opera tingFixed assets6.445.407.56% .

548.436 3.04%Deferre d taxassets638.36% 11.25% .134. 168 0.628 2.7.

223 0.431 0.03% .28%Other assets 10.161.21% 1.662.029.361 4.

74% Total assets 252.369.776 100% .026.374 3.34% 17.691 4.705.10.

031. .723 100% 366.680.109.192 100% LIABILITIES Customerdep osits206.320.

39%Inter bankborrowin gs18.90% 297.321 86.92% 263.425 .382 87.972.410.475.324 87.

278.778.151 8.86% 22.656 7.933.7.64% 27.07%Bills payable 2.007 .

0.490 0.17% 2.494.97% 3.119.952.86%Other liabilities 5.384 1.267 .

620.332.4% 13.2.000 .500.96%Subordinatedloan s2.616 3.18% 7.059 2.

023 .000 0.72% TotalLiabilities 234.499.339.07% 2.000 0.498.1.84% 2.

578 100%NET ASSETS 17.687.753 .324.100% 300.231.481 100% 344.

62% 22.242 6.355.55% 19.878.614 6.49% REPRESENTE D BY: .7.

642 1.Share capital 4.79% 6.488.92% 5.644 .370 1.463.386.

050.133.1.62% 6.02% 5.88%Reserv es 6.209 2.713 2.776 .804.

971.607.308 2.32% .68%Unappropriated profit 5.1.796 2.39% 6.

62% .106 0.48%Surplu s onrevaluation ofassets 1.458.8.697 2.536.

550.1.45% .497 0.851 0.49% 1.469.

.

.

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED .

2009Colleg e of Commerce G.C University Faisalabad .

52 HORIZANTA L ANALYSIS of BALANCE SHEET .

%age .ASSETS Amount in “000” 2006 2007 2008Rs.

%age Rs.Rs. .745. %age Cash andbalances withtreasury andother banks24.

306 122.533 104.408.750.023 100% 30.06%Lend ing tofinancialinst .88% 25.

183 82.239 100% 18.419.itutions19.68% 15.05 0.241 96.793.90%Invest ments .

958.463 178.241 100% 83.118 175.953.98%Adva nces .81% 82.46.631.

972.144.280 116.634 100% 168.033.92% 212.86%Oper atingFixed .008 147.407.

548.1 11 100% 7.628 117.12% 11.134.75%Defe rred .445.436 172.assets6.

168 100% 662.029.taxassets638.27%Othe r assets .223 161.431 104.95% 1.

35% 17.374 105.691 170.361 100% 10.705.161.369.93%Total assets .10.

776 100% 320.01% 366.723 127.026.192 145.109.49% LIABILITIES .680.252.

972.38%Inter .321 144. 324 100% 263.031.382 128.475.Customerdep osits206.12% 297.

656 124.56% 27.933.778.88%Bills .bankborrowin gs18.151 150.425 100% 22.410.

278.007 100% 3.490 129.39% 2.384 153.payable 2.952.494.60%Othe .

119.267 100% 7.059 143.616 266.06%Sub- .332.r liabilities 5.620.22% 13.

96% 2.ordinatedloan s2.92%Total .500.499.000 99.000 99.498.000 100% 2.

339.11% 344.231.Liabilities 234.481 128.324.93%Net .578 146.023 100% 300.

355.Assets 17.753 100% 19.687.38% 22.39% .878.242 112.614 126.

386.REPRESENTE D BY: Share capital 4.370 120% .642 100% 5.488.

050.133.463.65% .6.209 100% 6.644 144%Reserv es 6.713 98.

796 100% 6.308 .804.607.776 94.64%Unappropriated profit 5.5.971.

106 .458.124.22%Surp lus onrevaluation ofassets 1.31% 8.697 152.536.

80% 1.100% 1.550.469.33% .497 106.851 100.

.

.

.

.

.

INTERNSHI P REPORT ON ALLIED BANK LIMITED 2009Colleg .

C University Faisalabad 53 .e of Commerce G.

RATIO ANALY SIS .

LOAN TO DEPOSIT RATIOLOAN .

TO ASSET RATIONET PROFIT RATIORATE OF RETURN AT .

LOANSRETU RN ON ASSETSRET URN ON EQUITY CAPITALRET .

URN ON EQUITY .

.

.

21064300-INTERNSHIP-REPORT-ONALLIED-BANK-LIMITED-2009 Download this Document for FreePrintMobileCollectionsReport Document .

Report this document? Please tell us reason(s) for reporting this document Top of Form 2ddc 91 b5 b5 f 3 4 4 doc Spam or junk Porn adult content Hateful or offensive If you are the copyright owner of this document and want to report it. Rated: 0 5 false false 0 Copyright: Attribution Non-commercial . Report Cancel Bottom of Form This is a private document. Info and Rating Reads: 191 Uploaded: 03/25/2011 Category: Uncategorized. please follow these directions to submit a copyright infringement notice.

Follow Talal Rind Sections show allcollapse« prev | next » • • • • • • • • • • • • • • • • • • • • • • • • • • • • SUBMITTED BY: DESCRIPTION EXECUTIVE SUMMARY INTRODUCTION TO ORGANIZATION VISION MISSION CORE VALUES MEANING OF BANK Meaning of Banking The Pre Independence History (1942 to 1947) Australasia Bank (1947 to 1974) Allied Bank (1974 to 1991) Allied Bank (1991 to 2004) Allied Bank (2005 to Date) Branch Network Board of Directors Audit Committee Company Secretary Legal Adviser Shares Registrar Central Office Head Office/Registered Office Website & Email Toll Free Number Management System of ABL Allied Bank Management Senior Executive Vice Executive Vice President .

Current Account iii. Allied Advance Profit scheme ix. Allied Basic Banking Account iv. PLS Account ii. Foreign Currency Deposits vi. Behtar Munafa Term Deposit xi.• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Vice President Senior Vice President MANAGEMENT HIERARCHY Regional General Manager Head of Department FUNCTIONAL HIERARCHY STAFF ORDER OF ASHRAFABAD BRANCH i. Allied Business Account v. Rewarding Term Deposit viii. Behtar Munafa Account x. Allied e-Savers Accounts Agriculture Finance Farm Loans Non-Farm Loans Other Services Internet Banking Online Banking Corporate Leasing Allied ATM Network 1-LINK ATM M-Net Network CONSUMER Visa Debit Card Get Cash Shop Anywhere Enjoy Traveling Fuel Up Have Fun Stay Alert . Monthly Profit Plus vii.

.• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Activation Instructions Features CORPORATE Corporate Banking Investment Banking Financial Institutions OWN PRACTICAL WORK DEMAND DRAFT: PAY ORDER: ACCOUNTS OPENING ISSUANCE OF CHEQUE BOOK HOW TO CLOSE AN ACCOUNT: STRENGTHS WEAKNESSES OPPORTTUNITIES OPPORTUNITIS THREATS Balance Sheet PROFIT & LOSS A/C VERTICAL ANALYSIS of BALANCE SHEET HORIZANTAL ANALYSIS of BALANCE SHEET LOAN TO DEPOSIT RATIO LOAN TO ASSET RATIO NET PROFIT RATIO RATE OF RETURN AT LOANS RETURN ON ASSETS RETURN ON EQUITY CAPITAL LOAN TO DEPOSITS RATIO RETURN ON EQUITY SUGGESTIONS & RECOMMENDATIONS CONCLUSION Share & Embed More from this user PreviousNext 1.

516 p.61 p. Add a Comment Top of Form 2ddc913b54b54f Submit Characters: 400 document_comme .

scrib http://w w w . Other login options Login with Facebook Top of Form http://w w w . and select print from the file menu (PDF reader required). Sign Up Privacy policy .scrib Bottom of Form Signup I don't have a Facebook account Top of Form 2ddc913b54b54f default email address (required) create username (required) password (required) Send me the Scribd Newsletter. and occasional account related communications.4gen Bottom of Form Print this document High Quality Open the downloaded document. Download and Print Sign up Use your Facebook login and see what your friends are reading and sharing.

Share your reading interests on Scribd and social sites... Already have a Scribd account? Top of Form 2ddc913b54b54f email address or username password Log In Trouble logging in? Bottom of Form Login Successful Now bringing you back. Publish your documents quickly and easily. You can manage these notifications in your account settings. Bottom of Form Why Sign up? Discover and connect with people of similar interests. We promise to respect your privacy. « Back to Login .You will receive email notifications regarding your account activity.

com/scribd About Press Blog Partners Scribd 101 Web Stuff Scribd Store Support FAQ Developers / API Jobs Terms Copyright .com/scribd facebook.com/scribd twitter. Login: Submit Bottom of Form Upload a Document Top of Form Search Documents Bottom of Form • • • • • • • • • • • • • • • • • Follow Us! scribd. We will send you an email with instructions on how to continue. Top of Form 2ddc913b54b54f Email address: You need to provide a login for this account as well.Reset your password Please enter your email address below to reset your password.

scribd. scribd. scribd. scribd. scribd. Language: English Choose the language in which you want to experience Scribd: • • • English Español Português (Brasil) scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. scribd. .• Privacy Copyright © 2011 Scribd Inc.