1: Executive Summary

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1:
EXECUTIVE SUMMARY
The report is specially meant for the students of AIOU. It is concerned to a brief study of operations, functions, tasks and services of Allied Bank of Pakistan. Banking play very important role in the commerce and economic development of a country. o!"a days banks are using different modern technologies, !hich influence the managerial activities, that#s !hy I decided to do my internship training in the bank. In preparation of this report I have tried my best to provide all possible information about the operations, functions, tasks and the corporate information of Allied Bank of Pakistan in brief and comprehensive form. Then internship report ends !ith some recommendation after identification of problems that I observed during the course of my internship training.
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2: INTRODUCTION
2.1: OBJECTIVE OR PURPOSE OF INTERNSHIP

T!o cogent reasons % purposes of the study are follo!ing.
2.1.1: General P r!"#e $ O%&e'()*e

To get ac&uaintance to the banking operations. To kno! !hat sort of changes 'inance brings in managerial activities. To see the application of our Professional studies especially.
2.1.2: S!e')+)' P r!"#e $ O%&e'()*e

(pecific purpose of the study includes. A partial fulfillment as a re&uirement for the completion of )BA"B*' degree. To ob+ectively observe the operations of Allied Bank of ,td in general and the operations of AB,, -egency pla.a credit card branch, 'aisalabad in specific. To make recommendations or implementation plans for the improvement of the operations of AB,, -egency pla.a credit card branch, 'aisalabad in the light of our professional studies.
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2.2: OBJECTIVES OF STUDYING THE ORGANI,ATION ABThe ob+ectives or purposes of internship are to learn the e0isting accounting and finance practices being follo!ed in the bank. The main ob+ectives are given as under1 $ / 2 3 4 5 6 7 8 To understand financial system of banking. To understand role of AB, in financial system of country. To understand the application of theoretical kno!ledge in practical life. To attain speciali.ation in banking and finance. To understand application of Prudential -egulation issued by (BP. I !ant to get +ob in bank so I select bank for studying. Allied bank is leading bank in the country. To study the accounting and financial internal control system of Allied Bank ,imited. To revie! its appraisal and auditing system. $9 To analy.e the financial system and financial reports. $$ To study the role of Allied bank in banking (ector of Pakistan. $/ To get the thorough kno!ledge of different credits offered by bank. $2 To be a part of a competitive environment and enhances my skills. $3 To printout%identify problems, opportunities and providing recommendation there on. To develop understanding of finance and accounting function integrated, Allied bank ,imited is an organi.ation, !hich can help a student to learn finance and accounting practices in a system fully e&uipped !ith latest technology to cater for the needs of present business environment.
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.: OVERVIE/ OF AB-
..1: HISTORY AND BAC0GROUND OF ABAllied Bank !as the first )uslim bank that has been established in Pakistan in :ecember $83/ as the Australasia Bank in ,ahore !ith a paid"up share capital of -s. 9.$/ million under the ;hairmanship of Khawaja Bashir Bux, the Bank attracted deposits e&uivalent to -s. 9.32$ million in its first eighteen months of business. At the time, the Bank#s total assets amounted to -s. 9.46/ million. Today, Allied Bank<s paid up ;apital * -eserves amount to -s. $9.4 billion, deposits e0ceed -s. $32 billion and total assets e&ual -s. $69 billion. o! !ith its net!ork of over 744 branches located in the urban and rural areas throughout Pakistan, Allied Bank is positioned to provide personali.ed banking services to its customers at locations convenient to the customer. AB, has invested e0tensively in branch automation. 459 branches out of a total of 744 branches are computeri.ed on branch based multi"user computer system. The Bank#s +ourney has been about dedication, commitment, professionalism and adapting to environmental changes, leading to its immense gro!th and stability. A vie! of =ha!a+a Bashir Bu0<s -esidence that !as the first branch of Australasia Bank came into e0istence. It is these factors that have made it a Bank the rest look up to.
..1.1: THE PRE1INDIPENDENCE HISTORY 21342113456 http://vuproxy.blogspot.com/

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In the early $839s, the )uslim community !as beginning to reali.e the need for its active participation in the fields of trade and industry. (ince the late $779s, >indus had established a commanding presence in the areas of industry, trade and commerce and !ere especially dominating in the (ub"continent area. Banking, in particular, !as the e0clusive forte of >indus and it !as popularly and !rongly believed that )uslims !ere temperamentally unsuited for this profession. It !as particularly upsetting for =ha!a+a Bashir Bu0 to hear that1
Muslims could not be successful bankers.

>e decided to step"up to that challenge and took the lead in establishing this first )uslim bank by the name Australasia Bank ,imited in Pun+ab, !hich !as to become Pakistan in :ecember $83/. The initial e&uity of the Bank amounted to -s 9.$/ million, !hich !as raised to -s. 9.4 million by the end of the first year of operation, and by the end of 29th ?une $836 capital increased to -s. 9.562 million and deposits raised to -s 6.6/7 million.
..1.2: AUSTRA-ASIA BAN0 21345113546

A vie! of the building in ,ahore that once housed the Australasia Bank branch, Australasia Bank !as the only fully operational )uslim bank in Pakistan on August $3th, $836. >o!ever, it !as severely hit by the riots in @ast Pun+ab. The Bank !as identified !ith the Pakistan )ovement. At the time of independence all the branches in India, AAmritsar, Batala, ?alandhar, ,udhiana, :elhi and Angra AAgraB !ere closed do!n. Cu+ran!ala and =asur. ,ater, the net!ork spread to )ultan and Duetta as !ell. The Bank financed trade in cloth and food grains thus, played an important role in maintaining consumer supplies during the early months of $837 affected by riots. :espite the difficult conditions prevailing and the substantial set back in the Bank#s business in India, Australasia Bank made a profit of -s. 49,999 during $836"37. e! branches !ere opened in =arachi, -a!alpindi, Pesha!ar, (ialkot, (argodha, ?hang,
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By the end of $869 it had $9$ branches. Unfortunately, it lost 4$ branches in the separation of @ast Pakistan. But the Bank did !ell despite losing a lot of its assets and by the end of $862 had $75 branches in Eest Pakistan.
..1..: A--IED BAN0 21354113316

In $863, the Board of :irectors of Australasia Bank !as dissolved and !as renamed Allied Bank after the amalgamation of four banks. The first year !as highly successfulF profit e0ceeded -s. $9 million, deposits rose by over 49 percent and approached -s. $359 million. Investments rose by 6/ percent and advances e0ceeded -s. $979 million for the first time in the banking history. $$5 ne! branches !ere opened during $863 and the Bank started participating in the Covernment#s spot procurement agriculture program. Those seventeen years sa! a rapid gro!th for the Bank. Branches increased from 242 in $863 to 637 in $88$. :eposits rose from -s. $.35 billion, and Advances * Investments from -s. $.23 billion to -s. // billion during this period. It also opened three branches in the U.=.
..1.4: A--IED BAN01 A Ne7 Be8)nn)n8

In ovember%:ecember $889, the government announced its commitments to the rapid privati.ation of the banking sector. Allied Bank#s management under the leadership of )r. =halid ,atif decided to react positively to the challenge. In (eptember $88$, Allied Bank ,imited entered in the ne! era of its history a !orld#s first bank to be o!ned and managed by its employees. The 749 e0ecutives and 6/99 staff members spread over 799 branches throughout the Pakistan established in high degree of cooperation and family feelings.
..1.9: A--IED BAN0 2133112::46 http://vuproxy.blogspot.com/

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As a result of privati.ation in (eptember $88$, Allied Bank entered a ne! phase, and became the !orld#s first bank to be o!ned and managed by its employees. In $882 the F)r#( All)e; Ban< M";ara%a= A'AB)B !as floated. After privati.ation, Allied Bank became one of the premier financial institutions of Pakistan. Allied Bank#s capital and reserves !ere -s. $.4/4 billionF its assets amounted to -s. 76.425 billion and deposits to -s. 65.927 billion. Allied Bank en+oyed an enviable position in Pakistan#s financial sector and !as recogni.ed as one of the best amongst the ma+or banks of the country. In August /993, as a result of capital reconstruction, the Bank#s o!nership !as transferred to a consortium comprising Ibrahim ,easing ,imited and Ibrahim Croup. Today, the Bank stands on a solid foundation built over 52 years of hard !ork and dedication, giving it a strong e&uity, an asset and deposit base and the ability to offer customers universal banking services !ith more focus on retail banking. The Bank has the largest net!ork of online branches in Pakistan and offers various technology"based products and services to its diverse clientele through its net!ork of more than 699 branches.
..1.>: A--IED BAN0 22::9 (" ;a(e6

In )ay /994, Ibrahim ,easing ,imited dissolved and the company !as vested into Allied Bank ,imited. A,, the shareholders !ere issued AB, shares instead of the all shares held by them. An application for the listing of AB, shares in all the (tock @0change ;ompanies of Pakistan !as madeF AB, !as formally listed and the Bank#s share trading began on the follo!ing dates i.e. Islamabad (tock @0change August 7, /994, ,ahore (tock @0change August $9, /994 and =arachi (tock @0change August $6, /994. Today, all Allied Bank ,imited shareholders can trade in the Bank#s shares at their !ill and the Bank stands on a solid foundation of over 52 years of its e0istence having a strong e&uity, assets and deposits base offering universal banking services !ith higher focus on retail banking.
..1.5: THE ESOP REVO-UTION
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The concept of G@mployment (tock O!nership Plan# !as not only familiari.ed but practically reali.ed by Allied Bank under the dynamic leadership of the then ;hief @0ecutive%President )r. =halid A.(her!ani. This fact shall definitely be recorded in the history of Pakistan, before going into the success of the @(OP as preached and achieved by the Allied Bank, it seems pertinent at this point in time to d!ell for moment on the privati.ation process in Pakistan as per the day scenario. It is the fact that the privati.ation policy !as rightly said to be corrective process and it !as a bold economic initiative of the Covt. of Pakistan. It !ill lead the country to!ards self"reliance, economic emancipation of the masses, and eradication of unemployment, poverty and improvement of the &uality life of the masses. Ehether it is de"regulation, de"nationali.ation or dis"investments, it aims at productivity through ma0imum utili.ation of the resources like, men, money, and market. In the present day !orld trade rather that aid is shat !hich is sought to be achieved. This can only be possible through increased productivity, reduced cost and competitive marketing ability, !hich result through open market operations of privati.ation. ;reativity and market research are promoted in a better !ay and investment from !ithin the country is encouraged. Private o!nership is allo!ed to play its role in the economy as is being envisaged by the presently Covt. in our country.
..1.?: EMP-OYEES STOC0 O/NERSHIP P-AN 2ESOP6

The basic principles underlined by )r. =halid A. (her!ani !hen launched this scheme country!ide and the positive response evoked from the Covt. press and public at large. $. @(OP fosters unity sense of belonging and loyalty to the organi.ation. /. @(OP is a brand ne! idea in our country. It has been already stood test of the time. :uring last 3 year roughly 8999 companies. In America banks have been privati.ed under @(OP. The taste of pudding lies in eating it. 2. @(OP means @mployees (tocks O!nership Plans. 3. @(OP combines kno!ledge e0perience and effort of the people.
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4. @(OP gives the employees +ob security, better prospects for career, family, feelings, senses of loyalty and share in the progress and profits of the entity. 5. @(OP is on the lips of every staff member of Allied Bank. Imagine 6499 people spread over more than 649 branches raising one slogan @(OP. 6. @(OP is customer oriented. 7. @(OP means one of the all and all for one. It is team!ork. 8. @(OP provides protection to family on retirement. It is an umbrella, !hich automatically opens as soon as there is a rain.
..1.3: IBRAHIM GROUP ASSUMES CONTRO- OF ABIbrahim Croup, through its different companies and sponsors o!ns more than 64H of Allied Bank. The Croup apart from interest in financial sector is engaged in manufacturing of yarn and polyester staple fiber, trading and po!er generation. The consortium of Ibrahim ,easing ,imited And Ibrahim Croup, !hich has in+ected -s. $3./ billion into capital of Allied Bank of Pakistan for ac&uiring its 2/4 million additional shares, today assumed the control of the bank. The Covernor, (tate Bank Of Pakistan, :r. Ishrat >ussain handed over the relevant documents to )r. )ohummad aeem )ukhtar, Authori.ed Attorney of the consortium at a simple ceremony held at (BP, =arachi. Among those !ho present at the ceremony !ere :eputy Covernor, )r. Ta!fi& A. >ussain and senior officials of the (tate Bank of Pakistan, representatives of the Allied Bank and the consortium. (peaking on the occasion, the (tate Bank Covernor has termed the successful reconstruction of AB, as beneficial both for the organi.ation as !ell as for banking industry. >e e0pressed the hope that the transfer of the management of AB, to a strategic investor !ill turnaround the bank and usher in a ne! era of gro!th and stability in the banking sector. >e stressed upon the ne! Board of the Bank to run it professionally, prudently and !ith the highest standards of corporate governance. It may be recalled that the auction of 2/4 million additional shares as a part of reconstruction of Allied Bank of Pakistan !as held under the chairmanship of the deputy Covernor, (tate Bank of Pakistan, )r. Ta!fi& A. >ussain at Islamabad on /2rd ?uly, /993. In the auction, the consortium of Ibrahim ,easing ,imited And Ibrahim Croup !ere the successful
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bidder as they offered the highest bid of -s. $3./ billion for ac&uiring these additional shares, !hich constitutes 64.24H of the revised capital of AB,. The 'ederal Covernment approved the scheme for reconstruction of AB,, under section 36 of the Banking ;ompanies Ordinance $85/ on ?uly /3, /993. After the approval of scheme by the 'ederal Covernment, the (tate Bank issued the ,etter of Acceptance A,OAB to the consortium of Ibrahim ,easing ,imited And Ibrahim Croup on ?uly /5, /993 in terms of !hich the full payment of -s. $3./ billion !as made on August $8, /993. On receipt of full payment by the Allied Bank of Pakistan ,imited and verification of the sources of fund by the (tate Bank of Pakistan, the control of the Bank !as handed over to consortium of Ibrahim ,easing ,imited And Ibrahim Croup.
..1.1:: TODAY
Today, !ith its e0istence of over 59 years, the Bank has built itself a foundation !ith a strong e&uity, assets and deposit base. It offers universal banking services, !hile placing ma+or emphasis on retail banking. The Bank also has the largest net!ork of over 699 online branches in Pakistan and offers various technology"based products and services to its diverse clients.
..1.11: IMPORTANT STATISTICS ABOUT ABTotal customers @mployees Total branches Utility booths Airport booths 3,549,999 7,6$2 668 27 /
$9
Total clients in 'aisalabad region $74,999
Da(a S" r'e

1. )r )una!ar >ussain. Branch manager, -egency pla.a 'aisalabad. 2. )r )uhammad -i.!an, Operation )anager, -egency branch, 'aisalabad. .. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B 4. http1%%!!!.abl.com.pk
..2: NATURE OF THE ORGANI,ATION

It is a financial institution !ho receives surplus money from the public in order to attract funds they have introduced various deposit schemes, !hich may suit the needs of large body of depositors and for!arded it to needy persons in shape of loans !ith interest. The Croup<s principal activities are to provide lending, depository and related financial services. 'inancial services include credit risk management, foreign trade, treasury, corporate and merchant banking, retail banking, electronic banking, credit cards, marketing and customer service. 'ollo!ing kinds of businesses are performed by the bank1 " $" ,oans /" Advances 2" Import % @0port 3" 'oreign e0change 4" Agency % consultancy 5" Public utilities
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http://vuproxy.blogspot.com/ ...: MAIN OBJECTIVE

The main ob+ective of the bank is to accept deposits and provide loans to its customers and also to be more efficient in providing services. The bank maintained its commitment to most efficient and personali.ed services to its customers. Allied Bank ,td introduces many remunerative schemes for its depositors and introduce computer services for the first time in the banking history of Pakistan. Allied bank gives advances to small, medium and Big industries, commercial establishment, agriculture, construction companies and other needy persons. Allied bank collects electricity gas and telephone bills from public and over hundred branches of Allied Bank ,td. deal in foreign e0change !ere facilities are given to financial and commercial so its ultimate ob+ective is to receive funds from the depositors and provides loansIcredit facilities to different sector including trade, industry and agriculture in its most branches.
..4: BUSINESS VO-UME
-upees in G999#
2::9
Re*en e De!"#)(# A;*an'e# In*e#(@en(# 8,78/,94$ $5$,3$9,/57 $$$,/95,663 33,8/5,54/
2::>
$6,/$4,496 /95,92$,2/3 $33,922,523 35,842,/3$
2::5
/$,/9$,3// /52,86/,27/ $57,396,/79 72,847,352
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29,483,9/9 /86,363,432 /$2,9/9,$97 7/,338,364
2::3
3$,$33,556 2/7,76/,448 /26,27/,4// 83,562,$99
$/
Da(a S" r'e
$. /. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk
AnalA()'al C"@@en(#:
In the business volume there are four main sources of bank. These are the revenues, deposits, advances and investments of the AB,. By the analysis of the AB,, the deposits are very high then all other sources, and these are going to increase every year /994 to /998. It increases from $93H in /998 as compare to the year /994. The advances of the bank are also going to increase every year. Advance are increases $$2H in /998 as compare to the year /994. The investment of the bank is at lo!er position. It constantly increasing till /996, but after /996 it little decreases * then again increase in /997 and at the highest increase in the year/998 !hich is $$2H increase. The revenues of the AB, are very lo! than all the other sources of the bank. -evenue of the bank increase year to year, in /998 it is 2$4H increase as compare to /994. It increased due to other sources and decreased due to these sources. Business volume sho!s that the efficiency of the Allied Bank is gro!ing up due to best utili.ation of resources, situation and circumstances available to him !ith good management.
..9: NUMBER OF EMP-OYEES

The President is assisted by ten (enior @0ecutive Jice"Presidents and a staff of 23 @0ecutive Jice Presidents, $62 (enior Jice Presidents, $$9 Jice Presidents, 3/9 Assistant Jice Presidents, 8$9 officers Crade"I, $696 officers Crade"II, 822 officers Crade"III and 33/5 ;lerical% on";lerical employees.
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Permanent 4923
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4/54
$2
Temporary%on contractual basis :aily !ages ;ommission based Outsourced Total (taff at the end of the years $372 KK 785 8$/ 72/4 $432 KK 83$ 853 76$2
NAMES AND DESIGNATIONS OF OFFICERS

All)e; Ban< -)@)(e;B Re8en'A PlaCa Bran'DB Fa)#ala%a;. NAME DESIGNATION
9$ 9/ 92 93 94 95 96 97 98 $9 $$ $/ $2 $3 $4 $5 $6 $7 $8 /9 /$ )r. )una!ar >ussain )r. (abir Abbas )r. -i.!an Ahmed )r. An!ar Ali )r. ?amshed =han )r. Ali asir )r. )alik )ughees An!ar )r. =ashif >anif )r. (haheryar A.i. )alik )iss Leba )a&sood )rs. Leenat -abia )r. Culistan =han )rs. 'areeda aheed )r. =hurram Eaheed )r. (alman Ahmed )r. aveed >ussain )r. A.am Daiser )r. Ahmed )umta. )r. Ahsan Butt )r. Easeem Asif )ir.a )r. (a&ib )ohsin (heikh Branch )anager )gr. ;orporate Banking )anager Operations Incharge ;redits Incharge Trade 'inance Incharge ;ash :eptt Officer ;redits Officer ;redits Officer ;redits Officer Trade 'inance Officer Trade 'inance Officer Trade 'inance Officer Officer -emittance Officer -emittance Officer ;ash :epartment Officer ;ash :epartment Officer ;ash :epartment Incharge ;ar 'inancing Officer ;ar 'inancing Officer IT * Accounts
$3
// /2 /3 /4 /5 )r. (haukat >ussain )r. ?ul >abib"ur"-ehman )rs. udrat Adeeb )r. =ha!a+a Ahmed 'aroo& )r. (hoaib"ur"-ehman Officer Accounts Officer IT Telephone Operator Officer Officer
Da(a S" r'e

$. /. 2. 3. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk )r )una!ar >ussain. Branch manager, -egency pla.a 'aisalabad. )r )uhammad -i.!an, Operation )anager, -egency branch, 'aisalabad.
..>: PRODUCTS OF ABIn line !ith the Bank#s aim to provide a host of products and services to its customers, substantial ground !ork has been done to establish a strong consumer banking business. 'urthermore, to achieve this ob+ective, professionals from across the industry have been recruited into areas of product development, sales, credit policy, research, consumer analytics, call centers and service &uality departments.
..>.1: PHONE BAN0ING

Allied Bank is focused on delivering e0ceptional services to its customers that !ould strengthen the relationship and build ,oyalty. To make banking e0perience &uick, efficient, secure and easy, Allied Bank of Pakistan no! offer its customers /3%6 Phone Banking (ervices. Allied Phone Banking provides its customers immense comfortM In addition, Allied customers can also avail a host of services through automated Allied Phone Banking AIJ-%(elf (ervice BankingB that lets them use their telephone keypad to
$4
in&uire about their financial balance%transactions. All)e; PD"ne Ban<)n8 Ser*)'e#: Dial - 0800-22522 to get absolute Banking freedom
..>.2: BRANCH BAN0ING

$. InE )rA
A%; balance (tatement details Product information
/. Tran#a'()"n#
;he&ue book re&uest TPI issuance * re"issuance AT) PI issuance * re"issuance PO%:: * Bank certificate 'unds transfer
..>..: CREDIT CARDS ..>...1: All)e; V)#a Cre;)( Car;

In order to cater to gro!ing financial needs of customers AB, is proud to introduce Allied Jisa ;redit ;ard !ith the ,o!est (ervice ;harge everM (o no! customers can save money !here it counts and spend lavishly at favorite places !ith greater fle0ibility, convenience and most important"AffordabilityM Eith Allied Jisa ;redit ;ard customer can en+oy a variety of state"of"the"art features and unmatched value by spending at over
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38,999 merchants across Pakistan and /6 million merchant outlets !orld!ideM And !hat more, customer can also use your credit card at over $ million AT)s internationallyM
..>...2: All)e; V)#a G"l; Cre;)( Car;

Eith Allied Jisa Cold ;redit ;ard every Pakistani can no! en+oy the benefits of a Cold ;ard internationally !ith unmatched savings greater fle0ibility, convenience and security.
B A N"7B PaA -a(er:

Eith Allied Jisa Cold ;redit ;ard, free credit period allo!s customers to pay for purchases up to 49 days after the date of purchase.
FleF)%le Re!aA@en(:
Ehen paying credit card bill, Allied Jisa Cold ;redit ;ard gives the option to either pay the entire amount according to the statement or a minimum of 4H of total outstanding balance.
Ca#D A;*an'e Fa')l)(A:

As an Allied Jisa Cold ;redit ;ard member, customers are entitled up to 64H of available credit limit in cash.
All)e; Ea#A In#(all@en(# 2AEI6:

The Allied @asy Installments AA@IB plan provides customers !ith the facility to pay outstanding card balance in e&ual and affordable monthly installments spread over 2, 5, $/,$7, /3, 29 or 25 months.
Balan'e Tran#+er Fa')l)(A:
$6
In case customers have outstanding balances on other cards, consolidate these onto the Allied Jisa Cold ;redit ;ard !ith the lo!est BT' rate and save more on the outstanding payments than ever before.
Cre;)( Pr"(e'()"n Pl #:
Eith ;redit Protection Plus, Allied Jisa Cold ;redit ;ard provides payment cover against1 $. :eath, due to accident or sickness /. Permanent and Total :isability, due to sickness or accident 2. Temporary Total :isability, due to sickness or accident 3. Terminal Illness
..>....: V)#a Pla()n @ Cre;)( Car;

Eith Allied Jisa Platinum ;redit ;ard customer can en+oy e0ceptional benefits and a host of local and international benefits like never beforeM Eith Allied Jisa Platinum ;redit ;ard, customers can en+oy these facilities1
Jisa Platinum Colf Jisa Platinum :ining Jisa @0periential Travel Priority Pass Airport ,ounge Program Platinum ,ife Platinum
,ife is a uni&ue platform that sho!cases e0clusive programs and events specially designed for Jisa Platinum ;redit ;ardholders. Eith Allied Jisa Platinum ;redit ;ard, customers are eligible to +oin this e0clusive platform and avail many e0citing services like Platinum ;lub, Platinum :ining, Platinum Colf, @0periential Travel and much more.
..>...4: All)e; Ca#D GSD"! V)#a De%)( Car;
$7
Ge( Ca#D:
By using Allied ;ashN (hop Jisa :ebit ;ard to !ithdra! cash directly from bank account from over 2,499 AT)s in Pakistan " including Allied Bank<s largest net!ork of AT)s O and over $ million AT)s !orld!ide
S(aA Aler(
o!, be more secure and keep better track of spending. Eith Allied ;ashN(hop Jisa :ebit ;ard, customers can get ()( alerts !hen they make transactions on their ;ard.
SD"! AnA7Dere
Use the Jisa po!er of your Allied ;ash N (hop Jisa :ebit ;ard to shop at over 38,999 retailers in Pakistan and over /6 million retailers internationally.
:ine Out @n+oy Traveling Cet Croceries >ave 'un 'uel Up
..>.4: ON-INE BAN0ING

Allied Online Banking is a uni&ue service being offering from Allied Bank. Through this service, account in Allied Bank is available to customers from any of abl branches country!ide. o matter !here customers are in the country and !hichever branch their account is maintained at, customer can have their che&ue cashed at any of AB, 646 online branches located in /49 cities. ;ustomers can also use the service, from any branch, to deposit cash for instant credit into their account or any other account in Allied Bank. (imilarly, the account"to" account 'unds Transfer facility is also available for instant remittance. ;ustomers# che&ue dra!n from a remote branch for credit into a beneficiary#s account or encashment of a specified amount can also be presented by a third person at any branch. Ehat#s more,
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making a Balance In&uiry and getting an Account (tatement are additional services available to Account holders from remote branches. Allied Online provides a secure, efficient and convenient facility for making payments to beneficiary accounts from any of abl branches country!ide. ;orporate customers re&uiring fund collection or a disbursement facility can use it for cash management services.
..>.9: A--IED ATM NET/OR0S

Allied Bank has a vast net!ork of over 359 AT)s installed in over $29 cities, !hich continues to gro! at a rapid pace. Additionally, Allied Bank is a member of the H1",I = AT) sharing s!itch# comprising of over /,999 AT)s nation!ide, therefore, giving its Allied ;ash N(hop Jisa :ebit ;ard holders access to even more AT)s across the country.
..>.>: CORPORATE -EASING

Allied Bank started lease operations !hen it integrated !ith Ibrahim ,easing ,imited. 'acilities include leases for machinery, commercial vehicles and e&uipments. The Bank provides lease facilities to corporate and commercial clients in all industrial enterprises for balancing, moderni.ation, replacement and e0pansion schemes. ,easing is a popular mode of financing because of its distinctive features like ta0 shield, preserve !orking capital, easy documentation and less processing time. ,ease applications are processed at all Bank branches in Pakistan.
..>.5: DEPOSIT ACCOUNTS

Allied Bank of Pakistan provides different nature of deposit accounts to its customers. P,( Account ;urrent Account Allied Basic Banking Account 'oreign ;urrency :eposit
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)onthly Profit Plus -e!arding Term :eposit Behtar )unafa Account Behtar )unafa Term :eposit Allied )unafa Account Allied Bachat (cheme Allied e"(avers Accounts Allied Business Account
..>.5.1: P-S A''" n(

Allied Bank offers the P,( (avings Account facility to its customers !ith the follo!ing attractive features1 Attractive return of up to 4.99H per annum 'ree Online Transactions, ::%TT%PO for depositors maintaining an average monthly balance of -s. /.499 A)B * above. 'ree issuance of chea&ue book at the time of account opening
..>.5.2: C rren( A''" n(

Allied Bank offers the ;urrent Account facility for individuals as !ell as for institutions and commercial customers. There are free Online Transactions, ::%TT%PO for depositors maintaining an average monthly balance of -s. 9.4 A)B * above. 'ree issuance of chea&ue book at the time of account opening
..>.5..: All)e; Ba#)' Ban<)n8 A''" n(

In order to provide basic banking facilities to its lo!er"middle class customers, Allied Bank has introduced the IAll)e; Ba#)' Ban<)n8 A''" n(= 2ABBA6.
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Account can be opened !ith an initial deposit of -s $,999%P It is a non"remunerative account !ith a no minimum balance re&uirement. The (tatement of Account is issued on a yearly basis. The account !ill be closed automatically if the balance remains Q.eroR for one year.
..>.?: MONTH-Y PROFIT P-US

(aving has no! become all the more appealing !ith our )onthly Profit plus (cheme, !hich earns you monthly profits on investments. The scheme is designed for a period of $ Sear !ith the follo!ing profit rates1 Appro0imate monthly returns calculated on the investment of -s.$99, 999 T Eithholding
ta0, Lakat or other Covernment ,evies are applicable separately
Account Type1 Term :eposit Term Period1 $ year Profit1 Payable on monthly basis )inimum :eposit Amount1 -s./4,999 @ligibility1 Individuals * Institutions Aother than financial institutionsB ;he&uing Account for monthly profit credit /3 hour phone banking service 'ree internet banking facility ()( transaction alerts Allied ;ash N (hop Jisa :ebit ;ard
..>.3: RE/ARDING TERM DEPOSIT

A term deposit scheme !hich gives a high rate of return and the fle0ibility of various tenure. Investment can be made !ith the minimum of P=- /4,999 only.
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Profit -ate $9.99H p.a. Profit Payment -s.722 T per month Account Type1 Term :eposit Term Period1 $"$/ months Investment1 -s. /4,999 * above Profit1 Payable on maturity @ligibility1 Individuals * Institutions
..>.1:: A--IED ADVANCE PROFIT SCHEME

In keeping !ith our ob+ective to bring you ne! and innovative services and banking products, !e no! introduce Allied Advance Profit (cheme that gives the entire profit upfront. )inimum Investment -e&uired J -s./4, 999 Investment Terms $7 months ;urrent account for regular banking needs Allied ;ash N (hop Jisa :ebit ;ard 'inancing facility of upto 79H on investment 'ree internet banking facility /3"hour phone banking service
..>.11: BEHTAR MUNAFA ACCOUNT

If customer !ants a che&uing account that earns it attractive returns, paid on monthly basis, then this is the account for such customer. Account Type ;he&uing Account Investment Up to -s.4,999,999 * above Profit Payable on monthly basis >ighest Profit Up to $9.49H p.a
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..>.12: A--IED MUNAFA ACCOUNT 2AMA6

The applicable profit rate !ill be based on the amount maintained in the account on an average monthly basis and the return !ill also be credited to the account on a monthly basis. Individuals, 'irms, ;ompanies, (chools, >ospitals, ;haritable Organi.ations, etc., are !elcome to open their account in this scheme. )aturity Period 6.4 years )inimum :eposit -s. 49,999%" !ith multiples of -s$9,999%" @0pected rate of Profit The deposit amount !ill be doubled in 6.4 @ligibility All individuals and institutions 'ree Internet Banking facility
..>.1.: A--IED BUSINESS ACCOUNT

Allied Bank offers banking e0perience beyond e0pectationsM Allied Business Account is a non"profit current account !ith countless benefits and services. If customers are a businessman, trader or an individual, Allied Business Account is an ideal proposition for such customers. -s. 499,999%" and above Online%)anual -emittances Out!ard ;he&ue -eturn Issuance of ::%TT%PO%OB; %@0pression ;ollection 'ree 'ree 'ree
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..5: SERVICES OF ABThese are short term credit facilities Amaturity of up to one yearB lent to customers to meet their day"to"day business%!orking capital re&uirements and finance their inventories, receivables, etc. Cenerally, in addition to collateral security, these facilities also entail security in the form of hypothecation of stocks and receivable%pledge of stocks.
..5.1: EXPORT REFINANCE FACI-ITY

This is mainly the same as -'%;', but as per the Terms and ;onditions set by (BP, is meant e0clusively for e0porters. Under the @0port -efinance Part I (cheme, both pre" shipment and post"shipment financing facility is available.
a6 F"re)8n B)ll P r'Da#e$B)ll D)#'" n()n8 Fa')l)(A:

This loan%facility is provided to e0porters against their e0port bills under ,; and a contract to facilitate their cash flo!, !hile they are !aiting receipt of their payments.
%6 -e((er "+ Cre;)( 2S)8D( $U#an'e6:

This facility allo!s importers to import goods and machinery.
..5.2: DEMAND FINANCE FACI-ITY

This is a medium%long term credit facility available to establish ne! pro+ects for B)and capacity e0pansion !ith a repayment term of more than one year, !hich can be paid back in installments. This facility meets clients# long term needs such as, financing factory constructions or machinery e0penses.
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The demand finance long term loan is approved for a period of 2"4 years. The loan is specifically for fi0ed asset financing !ith ma0imum grace period of upto $/ months from first dra!"do!n.
..5..: IMPORT EXPORT

Allied Bank provides highly efficient trade finance services for import%e0port businesses through a large number of authori.ed branches !here trained and motivated staff is available to handle the business on the customer#s behalf.
..5.4: CASH $ -IKUID FINANCING

The product is aimed at providing prompt financial services Afund based and non fund basedB to ()@ sectors. The cash%li&uid collateral financing program is aimed to be the cheapest source of funds available to the ()@ sector.
..5.9: VENDOR FINANCING

The product is aimed at vendors of large corporate entities !hereby the corporate entity has an agreement !ith the vendor to provide specific &uantities of certain goods in a specific period of time. AB, !hould finance such vendors in order to promote their production capabilities.
..5.>: AGRICU-TURE FINANCE

The Bank, under the Agricultural 'inancing (cheme, as decided by the (tate Bank Of Pakistan, e0tends short, medium and long term, farm and non"farm credits. The farm credits are e0tended for production AinputsB and development purposes. on"farm credits are allo!ed for livestock Agoats, sheep and cattleB, poultry and factories including social forestry and fisheries Ainland and marine, e0cluding deep sea fishingB. :etails are as follo!s1
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a6: Far@ -"an#: Pr"; '()"n -"an#:
1. Inputs like seeds, fertili.ers, pesticides, !eedicides, herbicides, labour charges, !ater charges, vegetables, floriculture, etc. 2. Eorking capital finance to meet various farming e0penses.
De*el"!@en( -"an#
1. Improvement of agricultural land, orchards, etc. 2. ;onstruction of Codo!ns .. Tractors, )achinery * other e&uipments 4. Tube !ells 9. 'arm Transportation, etc
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N"n1Far@ -"an#
1. ,ivestock 2. Poultry .. 'isheries 4. 'orestry
..5.5: UTI-ITY BI-;ustomers can pay their utility bills Ae.g. electricity, gas, telephoneB at any of the Bank#s branches. 'or further convenience, bills are collected on all !orking days during normal banking hours and also at certain times during the evening. Bills can be paid !ith cash or che&ue, plus customers can even drop crossed che&ue in drop"bo0es available at all branches. 'urthermore, customers can also pay their bills using any of the Bank#s AT)s or via Internet Banking for ((C; and ( CP bills.
..5.?: -OC0ERS http://vuproxy.blogspot.com/

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Allied Bank ,ockers are available, at an annual fee, in four different si.es " small, medium, large and e0tra large. ,ocker holders are not re&uired to have an account !ith the Bank.
..5.3: HAJJ SERVICES

The >a++ (ervice is available to all pilgrims. The forms and other related services are provided by the Bank. >a++ applications are available !ith all branches during >a++ season, immediately after the >a++ policy is announced by the Covernment of Pakistan.
..5.1:: HOME REMITTANCES

Allied Bank has rolled out its state"of"the"art Ge"-emittance# services to facilitate international remittances sent to Pakistan by overseas Pakistanis. AB, has been significantly important in originating home remittances to Pakistan, and is continuously !orking to develop innovative ideas for ma0imi.ing its reach to all Pakistanis living abroad. Ee have identified several strategic partners in the main overseas markets, and !ill be providing a fully automated, end"to"end solution for non"resident Pakistanis. AB,#s real"time online branch net!ork O one of the largest net!orks in Pakistan, consists of over 659 branches in 249 cities, and provides domestic distribution of remittances to customers receiving money in Pakistan. A host of top international banks, e0change houses and funds transfer companies from across the !orld, including the )iddle @ast, @urope, Asia"Pacific and orth America, have been involved to make this a &uality service. By implementing a fully automated, straight"through processing facility, !e are in a position to activate an innovative set of remittance products. A host of options is available to non"resident Pakistanis under this service, including direct credit to account, cash payment over the counter and issuance of the Allied @0press che&ue, a payment instrument that can be honored across the entire AB, net!ork of branches.
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4: ORGANI,ATIONA- STRUCTURE
4.1: STRUCTURE OF ORGANI,ATION

To perform its function !ell, AB, head&uarter in =arachi, !ho controls and monitors the !hole bank. The Bank is further build on division, departments and the sections. The Bank performs its function locally in branches, !hich are part of .one in regional office. Branch manager, .onal office by .onal chief and regional office, heads the branch by regional chief !here head office headed by president of AB,. >ead Office President
-egional Office -egional ;hief Lonal Office Branch Lonal ;hief )anager
The organogram of the organi.ation is attached as QAnneF re1AR on page 86.
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http://vuproxy.blogspot.com/ 4.1.1: ORGANI,ATIONA- CHART

To perform its function !ell, AB, head&uarter in =arachi, !ho controls and monitors the !hole bank. The Bank is further build on division, departments and the sections. The Bank performs its function locally in branches, !hich are part of .one in regional office. Branch manager, .onal office by .onal chief and regional office, heads the branch by regional chief !here head office headed by president of AB,. (ee QAnneF re BR AAnne0ure"B for reporting linesB on page 87.
4.1.2: MANAGEMENT CHAIN OF COMMAND

The management chain of command represents the different positions and designations in the hierarchy of the AB,. >o!ever, this is not the reporting hierarchy but merely represents the positions and grades on the basis of seniority and grades. (ee QAnneF re1CR on page 88.
4.2: ORGANI,ATION STRUCTURE OF HEAD OFFICE

To perform its function !ell, AB, head&uarter in =arachi, !ho controls and monitors the !hole bank. The Bank is further build on division, departments and the sections. All the functions are performed in the head office !hich is situated in =arachi. The offices of the board of directors and the Presidents are also located in the head office. The bank has its hierarchy !hich is follo!ed by all the staff members of the organi.ation. The bank is !orking !ell under the management of the Allied Bank ,td. The Bank performs its function locally in branches, !hich are part of .one in regional office. Branch manager, .onal office by .onal chief and regional office, heads the branch by regional chief !here head office headed by president of AB,. The Organogram of >ead Office is attached as QAnneF re1DR on page $99.
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4..: ORGANI,ATION STRUCTURE OF THE BRANCH

The branch of Allied Bank ,td in !hich I did internship in located in civil line branch, 'aisalabad !hich is located in the centre of the city. The branch is controlled by the branch manager, )r )una!ar >ussain, under him an operation manager is !orking. The branch is also !orking through proper channel under the division of department. The branch has divided into Advance, Account, @stablishment and )arketing departments. The organi.ation structure of the branch in !hich I did internship is attached as QAnneF re1E= on page $9/.
4.4: REVIE/ OF VARIOUS DEPARTMENTS

Allied Bank of Pakistan distributed its functions into various groups these are as follo!s1
4.4.1: AUDIT L INSPECTION GROUP

To transform internal audit function of Allied Bank ,imited in to an IT enabled risk based audit and management consultancy function providing value added services and management consultancy to the board and senior management. Our mission is to provide an independent, ob+ective assurance and consulting services to management designed to add value and improve operations of the bank, dedicated to providing assistance to the management in effectively and efficiently accomplishing its ob+ectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. One of the prime responsibilities is the satisfactory implementation of the internal control over financial reporting. The committee also determines appropriate measures to safeguard bank#s assets, ensures consistency of accounting policies, revie!s financial statements and recommends appointment of and coordinates !ith e0ternal auditors. The committee is also responsible to ascertain the internal control system including
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financial and operational controls, ensuring ade&uate and effective accounting and reporting structure, determining and monitoring compliance !ith the best practices of the corporate governance. Implementation of the management testing plan, assessing the testing results and advising appropriate corrective action is also a ma+or responsibility of Audit ;ommittee.
4.4.2: RIS0 MANAGEMENT GROUP

The goals of -)C are to understand the risk profile of each business area, to propose risk policies, risk measurement methodologies, and risk limits in order to aggregate and control credit, market and operational risks across the Bank. In pursuance of these goals, -)C has taken up the challenge of building an effective -isk Architecture. The primary functions of -isk )anagement ;ommittee A-);B is the monitoring of management#s adherence to prudent and sound risk policies, assessing the ever changing risk profile and providing risk appetite to the business units. It also ensures development of risk management principles to build stakeholders confidence, safeguard and enhance reputation. The committee approves risk limits for ;redit, market and operational risks, ;redit approval grid and proposals regarding rescheduling%!rite"offs and filling of recovery suits. Overseeing of certain management committees and groups is also undertaken by the -);. The ;ommittee also monitors the initiatives and e0penses pertaining to Basel II and up gradation of -isk )anagement (ystems. -isk Analytics is an integral part of the credit process. The "%&e'()*e of -isk Analytics is to limit portfolio concentrations, reduce volatility, achieve optimum earnings and create shareholder value. It also incorporates portfolio strategy and planning. The -isk Analytics is a relatively ne! concept in Pakistan, and the function at AB, has started managing portfolio risk through launch and usage of risk rating model, design and launch of a ne! ;redit Application Package, that ensures a risk"based approach to credit presentations and allo!s pursuing systematic data gathering !ith a vie! to migrating to advanced approaches.
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http://vuproxy.blogspot.com/ 4.4..: CREDIT ADMINISTRATION

;redit Administration#s role is to minimi.e losses that could arise due to security and documentation deficiencies. The ;redit Administration unit constantly monitors the security and documentation risks inherent in the e0iting credit portfolio. This function operates through eight regional departments located all over the country. All these functions are operating in tandem to improve and maintain the health of the lending portfolio and keeping aggregate risk !ithin the Bank#s overall risk taking capacity.
)6 Cre;)( R)#<:
;redit -isk )anagement at AB, is divided in to t!o branchesF $. ;orporate * 'inancial Institutions -isk /. ;ommercial * -etail -isk This function ensures that the risk e0posures undertaken match the risk appetite of the Bank, and that proper credit approval procedure are adhered to. Identification and )onitoring of problematic e0posures and to take proactive measures to minimi.e the financial loss to the bank is also a responsibility of this function.
))6: Mar<e( R)#<:

)arket -isk is defined as any fluctuation in value of the portfolio resulting from changes in market price and market parameters, such as interest rates, e0change rates and share prices. The Bank intends to build an effective )arket -isk )anagement unit to independently identify measure, monitor and control the potential losses that may arise from the Bank#sactivities in financial market.
)))6: O!era()"nal R)#<:
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It includes risks that primarily arise from internal processes of the Bank. Operational -isk )anagement unit is developing an effective system for identification of critical risk areas, and developing processes%controls to mitigate these risks.
4.4.4: OPERATION GROUP

Operations Croup, apart from re"engineering the e0isting procedures to ensure safe and smooth conduct of Banks operational activities also focuses on supporting the field offices in pursuit of their business ob+ectives and goals !hile maintaining ade&uate controls from a risk perspective. Croup also assisted in launching of a variety of value added services facilitating bank#s account holders%customers by offering them a !ider product range and efficient delivery. Operations Croup is divided into the follo!ing five areas. $. Alternative :elivery ;hannels provides innovative and value added I.T. based solutions to the Bank#s clients. /. Branch Operations supports the field functionaries through procedural manuals, branches rationali.ation, fully automated inter branch * nostro accounts reconciliations. It also provides support >a++ * Lakat matters. :uring /994, it has developed a number of ne! procedural manuals including AT), Allied Online, -emittances, and ;ash * Teller etc. 2. Treasury Operations supports Treasury front office in settlement of its trading%investment activities in 'oreign @0change, )oney )arket and (tock )arket besides providing operational support in cash management to the branches and other business areas of the Bank. 3. @stablishment caters to the Bank#s re&uirements for printed stationary, operating and fi0ed assets, insurance and security arrangements at the central office level. 4. @ngineering is responsible for the purchase of ne! properties and construction%renovation of the e0isting%ne!ly hired premises.
4.4.9: INFORMATION TECHNO-OGY GROUP http://vuproxy.blogspot.com/

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The Allied Bank ,td has a separate Croup for Information Technology !hich looks after the entire bank#s automation. The bank#s ma+or achievement in automation is that $99H branches are computeri.ed and inter"connected and these branches offer the customers full range of online banking services. The bank also offers most of the currently sought after technology based products including Internet Banking. The IT Croup is presently structured in (Dree areas namely $. ;ore Banking T/3 /. (oft!are (ervices 2. Office Automation % Technical (ervices 3. Operations But !ith the launch of the ;ore Banking pro+ect driven from >ead Office at ,ahore, the IT Croup !ill be re"structured very shortly. A complete revamping of the IT Croup is under!ay to cater to the e0pansion of activities !ithin the IT Croup and to create capacity for the ;ore Banking Pro+ect. )oreover, the IT Croup !ill e0tend its support to the ne!ly created -egional Offices as !ell. The ne! IT Organi.ation is e0pected to gro! both vertically and hori.ontally and a substantial number of ne! hiring !ill take place to fill the gaps !ithin the ne! organi.ation chart.
4.4.>: HUMAN CAPITA- GROUP

The group defines the organi.ational structure and functional responsibilities of each group. It approves staff strength, key appointments, salary revisions, bonuses and any special allo!ances. It nominates the management personnel on the boards of other companies % subsidiaries. It also recommends amendments in >uman -esources Policy to the Board. Besides monitoring performance of >uman -esources Croup, the committee also oversees certain >.-. related management committees.
4.4.5: CORPORATE L INVESTMENT BAN0ING GROUP

The ;orporate Investment Banking Croup A;IBCB holds the Bank#s loan portfolio and en+oys a leading position in corporate lending in the country. It offers a !ide range of
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financial services to medium and large si.ed public and private sector entities. These services include, providing and arranging tenured financing, corporate advisory, under!riting, cash management, trade products, corporate finance products and customer services on all bank related matters. AB, O ;*IBC !as established in /994 and focuses on the Investment Banking market. It has the highest number of (uccessful Arrangement and Participation in =ey Privati.ation * Ac&uisition 'inancing Transactions achieved by any Investment Banking Croup in Pakistan.
4.4.?: FINANCE GROUP

'inance Croup plays a central role in strategic decision making, transparent financial reporting and enhancing the economic value of the Bank. It also provides support to the business groups in performance analysis and launching ne! products and initiatives. 'inance Croup has three ma+or areas1 " Plann)n8 an; MIS arm of the 'inance Croup translates financial and operational data into strategic information for an efficient and effective decision making. " F)nan')al an; Re8 la("rA Re!"r()n8 arm of the 'inance Croup provides timely, relevant and reliable information to the shareholders, regulators and other stakeholders !hile follo!ing the statutory re&uirements and international best practices. " TaFa()"n !ing of the 'inance Croup manages the Bank !ide ta0 matters and endeavors to bring ta0 efficiency !hile complying !ith the ta0 la!s.
4.4.3: CORPORATE AFFAIR GROUP

;orporate Affairs Croup is responsible for compliance of all legal and statutory corporate re&uirements under ;orporate and Banking la!s and -egulations. Besides arranging Board of :irectors and (hareholders# meetings, it co"ordinates meetings of the (trategic Planning * )onitoring ;ommittee of the Board,and )anagement ;ommittee. The corporate group has t!o !ings1
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http://vuproxy.blogspot.com/ 4...3.1: C"r!"ra(e A++a)r# /)n8

$. To deal corporate matters !ith (ecurity and @0change ;ommission of Pakistan, ;ompany -egistration Office ,ahore, (tock @0changes and (tate Bank of Pakistan. /. To arrange meetings of the Board of :irectors and preparation of the Agenda for such meetings. 2. To assist ;ompany (ecretary in all ;orporate and Board Affairs. 3. To assist ;ompany (ecretary in implementation of the decision of the Board. 4. To obtain approvals through circulation on emergent proposals from the :irectors. 5. To obtain approvals through circulation on the cases from the Board of :irectors, (trategic Planning * )onitoring ;ommittee. 6. To maintain record of Board of :irectors, (. P. * ). ;. Other ;ommittees along !ith former @0ecutive Board. 7. To arrange meetings of the )anagement ;ommittee and prepare agenda for such meetings. 8. To affi0 company seal on Po!ers of Attorney, (hares and other documents as * !hen re&uired and keeping its record. $9. To keep liaison !ith Covt. nominee and non"employee :irectors of the Bank. $$. To assist Croup ;hief in carrying out different assignments entrusted by the President. $/. To provide information to ;redit -ating Agency and co"ordinate !ith them in the process of @ntity -ating. $2. To co"ordinate !ith (hare Eing and 'inance Croup for arranging AC)%@0tra Ordinary Ceneral meetings. $3. To provide information#s to e0ternal Auditors and (BP Auditors .
4...3.2: SDare# /)n8

(hares Eing a part of ;orporate Affairs manages shareholders# matters and co"ordinates !ith the (hares -egistrar for the transfer and issue of Bank#s shares. $. To supervise Covernment ;ompensation Bonds.
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/. To make correspondence relating to AB, (hares !ith @mployees % ,egal Eing % -egistrar % shareholders. 2. To make arrangements for floatation of shares * T';s and payment of dividend on behalf of public limited companies.
4...3..: -e8al A++a)r#

The personnel engage !ith ,egal Affairs is responsible for monitoring of all legal matters pertaining to the bank, covering functions of rendering opinions of applicable la!s, to deal !ith special tasks and assignments , advice on legal issues relating to operational matters, legal compliances and to ensure remedial and litigation management. This diligently provide counseling on all legal matters including suits filed, e0ecutions of decrees * criminal complaints etcF. It coordinates !ith the advocates on Bank#s panelF ascertain their enlistment and selection of appropriate la!yers in complicated legal cases !hich is one of its core responsibilities. Through its la! officers, follo!ing ob+ectives are achieved .
4.4.1:: DATA PROCESSING L SBP REPORTING UNIT

The Area )anager of this Unit collects data from (A) BranchesF consolidate the same for on!ard submission to (BP and )anagement for its revie! as part of )anagement Information system. The other functions of this Unit comprise of1" $. )aintenance of data of the ;lassified P, accounts. /. ;onsolidation of fortnightly Performance of -ecovery Position of all (A) Branches for perusal of line authority. 2. Preparation of periodical -ecovery Position for submission to (BP through 'inance Croup. 3. Preparation of Information memorandum related to P,s as desired by line authority.
4.4.11: /RITE1OFFS L PROVISIONS UNIT http://vuproxy.blogspot.com/

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The Area )anager of this Unit maintains the provisions held against classified accounts in close co"ordination !ith -)C * 'inance Croup. The other functions of the unit are summari.ed as follo!s1" $. To process the re&uest of (A) Branches for issuance credit advice against the approved !rite"off loans. /. )aintenance of proper record of all the !ritten"off %!aiver cases of the bank. 2. Providing record%files of !rite"off%!aiver proposals approved at different levels, for e0ternal as !ell as internal auditor and coordinate !ith them and participate in meeting !ith regard to disagreed cases of !rite"off%!aiver !ith BI:, (BP. 3. (ubmission of periodical consolidated statements of !rite"off%!aiver to (BP, 'inance Croup as !ell as to -isk )anagement Croup. 4. Preparation of Information )emorandum for line authority in respect of !ritten off%!aiver cases for their revie!. 5. Provide necessary data to 'inance Croup in respect of borro!ers !here !rite O off implemented for publications in the annual reports.
4.4.12: BUDGET L ADMIN UNIT

The Area )anager of this unit deals !ith operating e0penses budget of 94 (A) Branches as !ell as (A) Croup. The Units further deals !ith >- related activities of employees posted in (A) Branches as !ell as in (A) Croup.
9: STRUCTURE L FUNCTIONS OF THE ACCOUNT L FINANCE DEPARTMENT
9.1:STRUCTURE OF ACCOUNT$FINANCE DEPARTMENT http://vuproxy.blogspot.com/

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Allied bank limited has accounts department !hich deals !ith their daily clients related to cash and finance and reported to the manager of accounts%finance in respect of their transactions, proposals, limits etc. The manager discusses the matter !ith higher management and then it !ill be decided about the complicated case#s solution. ormally the manager has po!er to approve the case but in case of the complication or reducing the liabilities of the customer the higher management !ill be finality. Accounts % finance department is the blood of any organi.ation % institution etc. the structure of the Accounts % finance department is anne0ed as Anne0ure @. (ee QAnne0ure 'R on page $92.
9.2: ACCOUNTING OPERATIONS

Accounts :epartment is &uite important department of the Bank. This is the department !ho is responsible for all account statements like as e0penses, ta0es etc. it prepare the reports on daily, !eekly, monthly, &uarterly, and annually basis. It makes the correspondence !ith the head branches also. 'ollo!ing are the responsibilities of the said department. a. ;hecking of Activity on :aily Basis b. )aintenance of (BP Account c. Payment of Bills to :ifferent suppliers%couriers etc. d. :epreciation Jouchers at end of @ach )onth e. Payment of (taff (alary f. (ubmission of all relevant statements to (BP%>ead Office
Da)lA Ban< P"#)()"n S(a(e@en(

All relevant reports pertaining to the !hole day !orking are printed out in the daily !orking procedure of @nd of :ay run by the ;omputer :epartment. (ome reports in
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!hich each financial transaction either pertaining to customer#s accounts or to Ceneral ,edger Accounts is printed in this procedure are called :aily Activity -eports. This is responsibility of Accounts :epartment to check each transaction made through computer posting in order to assure that the entry passed in &uite right and correct. @ach * every voucher is sorted out and then is placed in the follo!ing bunches according to its nature. $. (aving Accounts /. ';S Accounts 2. >ead Office Jouchers 3. ;urrent :eposit Accounts Fea( re# It manages the vouchers of their day to day transactions. It has the responsibility to see on line transactions like transfer of amounts by customers and check and verified them through vouchers. They make the budget for their monthly and daily e0penses Arefreshment, stationaryF etc.B (alaries of the staff are prepared in this department. Approval of e0penses of e0ceed from budget. It makes the account statements on daily, !eekly, monthly, &uarterly and annually basis. It deals in the ta0 also. It makes the correspondence !ith head office and head branches also. Incharge of this department also is the incharge of all labor type employees. (imply In charge of this department is also responsible for maintaining of branch and refreshment in the branch. (alaries of employees.
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)aintain fi0ed assets register % :epreciation of assets.
9..: FINANCIA- OPERATIONS

The short and valid finance % accounting operation is discussed belo! !hich is e0isting in the institution as per ho! accounting information generated, recorded and used.
Balan'e SDee(
Profit % ,oss Or Income (tatement Trial of Ceneral ,edger ?ournal $. /. 2. 3. 4. 5. ;ash Bank
Purchase ?ournal -a! )aterial (tores (ervices -eceipt Jouchers :eposit Joucher%Bank (lips Pay -oll Payment Jouchers Payments%Eithdra!al %che&ue (ales Ad+ustment ?ournal
EF!lana()"n
@ach transaction recorded and posted into related accounts in general ledger and sub ledger then prepared trial balance for preparing balance sheet and profit % loss accounts at ended of each period re&uired for fiscal period of a company.
9.4: RO-E OF FINANCIA- MANAGER

The financial manager does all financial transactions !ith other financial institutions1 Payment of che&ues
3/
Payment of demand draft ;ash receive from other financial institutions Included $1 ;he&ues /1 :emand :raft 21 Travel ;he&ues All these transactions done by financial manager of bank, he can receive and pay all such kind of payments !ith all other financial institutions. And all other transactions !ith any financial institutions are also done by financial manager. -en; @"neA to other banks and also %"rr"7 @"neA from other banks is also responsibility of financial manager in bank. -esponsible for bookkeeping and accounts at head office, prepare all financial return and the )I( through its management"reporting !ing. It actively involved in preparing market comparative analysis, consolidation of bank<s budgets, its monitoring and constant revie! of various financial indicators. 'inancial manager reports directly to the president and chief e0ecutive of the bank, has been instrumental in preparation of banks business plans and future strategies. Preparing the bank<s annual accounts and coordinating e0ternal audit is also a direct function of the finance manager.
9.9: E-ECTRONIC DATA IN DECISION MA0ING

Banks use different types of electronic data in decision making. Internet is the ma+or source for collecting data. Eith the help of internet and intranet banks perform their lot of transactions and it make possible to do @ banking. @lectronic data !hich is most useful in decision making include D.D. #A#(e@ :ata related to computeri.ed demand draft also include in decision making in banks ;omputeri.ed :.:. includes electronic and hard copy demand draft.
32
O.B.C 2O (7ar; B)ll +"r C"lle'()"n6 Banks add data of che&ues !hich is sent by bank to other banks for collection. Ele'(r"n)' Re!"r(# After getting information from AT) and @mails banks make electronic reports. (uch kinds of reports are very helpful in decision making.
S"+(7are #e; %A Ban<

Un)%an< Unibank is readymade soft!are !hich performs all kinds of banking transactions in Allied bank. F n'()"n# "n Un)%an< :ebit and ;redit Transfer balance Account Opening @lectronic Jouchers ;ommission ;harges ;he&ue Book charges ;onnecting to >ead Office ;losing 'ormat Aday endB Eeekly 'ormat Basic :ata Amonthly closing reportB )onthly ta0 statement
9.>: SOURCES OF FUNDS FOR -AST FIVE YEARS http://vuproxy.blogspot.com/

33
DEPOSITS
-upees in G999
2::9
C #("@er# 'i0ed deposits (avings deposits 3$,648,728 4/,342,62/
2::>
42,293,$25 55,843,292 /2,9/7,742
2::5
6/,8$/,252 6$,/44,225 3/,24$,2$4
2::?
$94,828,5$7 6/,337,553 26,7/8,6/5
2::3
87,3/4,574 74,/63,782 36,693,325
;urrent $7,93$,399 accounts Aremunerative B ;urrent 33,/9/,827 accounts Anon" remunerativeB F)nan')al In#()( ()"n# -emunerative deposits on" remunerative deposits 3,84/,248 KKKKK
45,3//,5$7
56,63/,$94
66,644,92$
82,/62,/7$
5,2/$,3$3 KKKKK
8,6$$,/52 KKKKK
2,49$,493 KKKKK
3,$83,/53 KKKKK
Total :eposits $5$,3$9,/57
/95,92$,2/3
/52,86/,27/
/86,363,432
2/7,76/,448
Da(a S" r'e:

1. 2. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk
34
The factors affecting on the different earnings of the bank are its main sources, such as deposits, shares etc. The gro!th during the five years is increasing !ith different prices. (imilarly the gro!th of AB, in /998 is greater than previous years !ith $93H increase as compare to year /994. This sho!s that the economic recovery is slo!er due to political%security situations or delays in e0ternal flo!s can lo!er our assumption of credit off take. 'i0ed deposits increase by 3H in the year from /994"98 constantly and saving deposits decrease by 3H !hich is efficiency of the management of Allied bank. ;urrent account increase by 2H from /994"98 !hich is also good sign that sho!s that the investment of the client is free of interest. ;urrent account non"remunerative increase only $H from /994"98 and remain constantly increase. -emunerative deposits also decrease !ith the firm giving good sign saving in interest.
35
http://vuproxy.blogspot.com/ 9.5: GENERATION OF FUNDS FOR -AST FIVE YEARS
INVESTMENTS
-upees in G999
2::9
'ederal Covernment (ecurities 'ully paid /,987,683 up ordinary shares 'ully shares Term 'inance ;ertificates Other Investments Total investment at cost ,ess1 Provision for impairment Investments Anet provisionB Add%,ess1 A/7,766B 34,928,89/ A$83,/63B $,/44,3$4 34,/23,$65 paid $,937,8$2 25,$94,537
2::>
26,623,22/
2::5
38,$82,28/
2::?
33,366,379
2::3
3/,$95,764
/,$82,357
/,$57,672
6,745,262
7,/$/,973
$,985,//8
/3,/76,552
$2,$3/,454
3,7/6,235
preference 3,6/4,395 3,827,453 /,646,5$5 $3,255,7/3 2/,56/,654
$,2$/,934 36,/63,527
4,79/,265 73,/98,729
5,549,534 75,382,776
6,295,239 84,$/4,3$9
A/92,927B
A$8/,/89B
A/,9$4,93/B
A/,$74,8/8B
36,96$,599
73,9$6,439
73,367,734
8/,828,37$
A29,$79B
A$,352B
2,/9$
A254B
36
(urplus on A77,$68B A46,5$3B A/,92/,46$B $,622,873 revaluation AAdd%,essB 1 A73,262B :eficit on 33,8/5,54/ 35,842,/3$ 72,847,352 7/,338,364 83,562,$99 revaluation T"(al )n*e#(@en(# a( @ar<e( *al e
Da(a S" r'e:

The generation of fund is that involves the different types of incomes of AB, It involves the incomes of interest, commission, dividend and other incomes. Total investment of the Allied bank increase $$$H in /998, as compare to /994 as sho!n in the table. Total investment comprise of federal govt 33H, fully paid up ordinary shares 8H, Term finance ;ertificates 23H, Other investment 7H in /998 as compare to the year /994. The government shares 79H and the increase in Term finance certificates resulted in heavy profit from year to year from $$H to 22H, it increases the overall revenue. (urplus on revaluation assets remained deficit but converted into profit in year /998. By the analysis the management should increase his investment in 'ederal government securities because these are the safe, but investment of Term finance ;ertificate should remain same. Total investment also increase upto year /996, but after it is lightly decrease but in the final year it is highly increase in the year /998.
37
http://vuproxy.blogspot.com/ 9.?: A--OCATION OF FUNDS FOR -AST FIVE YEARS

a6: ADVANCES
-upees in G999
2::9
,oans, cash $$9,693,7$/ credits, running finances, etc. Investment in 'inance 3,858,226 ,ease Bills discounted and purchased 'inancing in respect of continuous funding system Advances " $$6,$29,962 gross ,ess Provision against non performing advances et Advances $$$,/95,663 1 A4,8/2,/88B 744,222 599,48$
2::>
$32,272,388
2::5
$69,632,543
2::?
/$4,67$,/5$
2::3
/32,/93,456
666,767
63$,$37
657,$62
735,588
5,325,//3
3,6$/,347
6,$27,332
4,762,8/$
$,$96,7$6
/,2/6,986
KKKK
KKKK
$4$,694,3$7 A6,56$,673B
$67,4/3,246
//2,576,766
/38,8/4,$76
A$9$,$6,966B A$9,556,658B A$/,43/,554B
$33,922,523
$57,396,/79
/$2,9/9,$97
/26,27/,4//
%6: -OANS
38
-upees in G999
2::9
;all loans money $33,943
2::>
364,999
2::5
$,499,999
2::?
$99,999
2::3
4/4,999
,etters placement
of $$5,597
273,499
$,749,999
625,999
538,649
-epurchase agreement lending
3,555,935
$4,274,628
$/,8/3,/3$
$3,846,$72
/5,236,82/
;ertificate of 749,563 Investment T"(al -"an# 4,666,27/
/,794,999
/,$34,999
KKK
599,/49
$8,949,/28
$7,3$8,/3$
$4,682,$72
/7,$//,82/
Da(a S" r'e:

49
In this !ay the AB, distributes his funds in different !ays but the t!o main heads are advances and the loans given to the clients. Its total funds that are distributed at different places can be calculated by every year#s percentages calculations. In A;*an'e#, ,oans cash credits, running finance increases from 88H in /994, to $9/H in /998. Investment in 'inance ,ease remain same in the evaluation period. Total investment also increase /$2H in /998 as compare to /994. In -"an#, -epurchase agreement lending increase from 7$H in /994, to 83H in the year /998 !hich sho!s that heavy e0penses are incuring. Total loans are also increasing from year to year, it increases 276H in /998 as compare to /994. it sho!s that loan risk is high and the policy of management is risky.
4$
http://vuproxy.blogspot.com/ >: CRITICA- ANA-YSIS OF THE THEORETICA-
CONCEPTS RE-ATING TO PRACTICA- EXPERIENCE
This part of report is the essence of the internship, as this !ill help other students to better understand the !orking environment of the bank by finding the relationship bet!een !hat is !ritten in the books and !hat is actually going on in fields. :uring our education, I study lot of sub+ects but during any +ob or business applications of all these sub+ects are not possible. But some of them must apply in any +ob or business. @very organi.ation must follo! theoretical concepts but it#s not possible to apply as !ell as. It#s possible they use such concepts in their o!n !ay. (o during my )BA I study /9 sub+ects but I observe that fe! of them applicable in bank like ;-@:IT )A AC@)@ T, 'I A ;IA, )A AC@)@ T, BA =I C ,AE, ;O(T A;;OU TI C, 'I A ;IA, A;;OU TI C, I J@(T)@ T(. Ehich concepts I study during my college !ork, I observe during my internship bank also apply these concepts. I am not saying that they apply as !ell as but they follo! such rules and la!s. 'or e0ample !e study about bank accounts, bank also follo!s such rules but they divide the features of such accounts according to their products. Other point is that theoretical concepts are relating to the rules of state bank of Pakistan and the banks also !ork under the (BP. All other theoretical concepts like debit, credit, vouching, general entries, ledgers, financial statements have the same application in bank. In short bank must follo! all theoretical concepts in their practices but its possible they use such concepts according to their re&uirements or needs, and it#s not possible for them to make their o!n concepts for banking.
4/
5: FINANCIA- ANA-YSIS
5.1: FIVE -ATEST YEAR BA-ANCE SHEETS

-upees in G999
2::9 A##e(#
;ash Balance and $3,63/,6$$ !ith
2::>
/2,93/,9$$
2::5
/8,628,746
2::?
/2,542,643
2::3
/5,324,572
Treasury Banks Balance !ith 2,/8/,93$ other banks ,ending financial institutions Investments 33,8/5,54/ Advances $$$,/95,663 Operating fi0ed 3,6/9,55/ assets :eferred assets Other Assets ta0 579,982 6,//6,842 to 4,666,27/
$,692,9$$ $8,949,/28
557,338 $7,3$8,/3$
/,986,5$$ $4,682,$72
$,/79,48$ /7,$//,82/
35,842,/3$ $33,922,523 5,334,$$$ 527,$57 $9,$5$,25$
72,847,352 $57,396,/79 6,437,5/7 55/,32$ $9,694,263
7/,338,364 /$2,9/9,$97 $$,$49,$/8 $,92$,938 $6,277,5$/
83,562,$99 /26,27/,4// $/,348,475 K $6,875,327
Total Assets
$8/,463,/57
/4/,9/5,665
2/9,$98,6/2
255,472,8/$
3$7,239,74/
-)a%)l)()e# http://vuproxy.blogspot.com/
42
Bills Payable Borro!ings :eposits /,337,5/9 8,582,674 /,/67,996 $7,3$9,3/4 /95,92$,2/3 /,499,999 K 4,$$8,/56 2,383,273 //,822,545 /52,86/,27/ /,388,999 K 6,22/,948 299,/2$,37 $ /,84/,389 /6,667,$4$ /86,363,432 /,387,999 K $2,533,727 233,237,9// 2,$5/,3/8 28,7$7,42/ 2/7,76/,448 4,386,999 2,263 $$,956,$53 277,3/$,947
and $5$,3$9,/57 K K 3,36$,837
other accounts (ub"ordinate loans :eferred ta0
liabilities Other liabilities Total ,iabilities
$67,9/3,5/$ /23,228,9/2
Ne( A##e(#
14B943B>45
15B>?5B59.
13B?5?B242
22B2.9B?33
23B313B534
(hare capital -eserves
3,377,53/ 4,582,373
3,377,53/ 5,$22,/98 4,596,685 $,347,$95 15B>?5B59.
4,275,269 5,949,6$2 5,86$,297 $,358,74$ 13B?5?B242
5,352,533 4,793,665 7,364,68$ $,38$,577 22B2.9B?33
6,$$9,997 5,47/,734 $/,$53,55/ 3,95/,/68 23B313B534
Unappropriated /,62$,868 profit (urplus on $,524,43/ revaluation of assets 14B943B>45
Da(a S" r'e:

The data has been taken from $. /. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk
5.2: FIVE -ATEST YEAR INCOME STATEMENTS http://vuproxy.blogspot.com/

43
-upees in G999
2::9
)arkKup%-eturn% 8,78/,94$ Interest earned -e## )arkKup%-eturn% Interest e0pense et markup% Interest income 6,756,28/ /,9/3,548
2::>
$6,/$4,496
2::5
/$,/9$,3//
2::?
29,483,9/9
2::3
3$,$33,556
5,682,$9$
$9,9$8,993
$6,/5/,4$8
//,3/$,/$7
$9,3//,395
$$,$7/,3$7
$2,22$,49$
$7,6/2,338
Provision against 288,597 nonperforming loan advances Provision dimunination the value investment Provision against ,ending financial institutions Bad debts !ritten $59,948 off directly 479,967 to K for /9,3$$ in of and
472,294
/,6$/,825
$,26/,$44
2,$5/,852
A$3,5/2B
6$8
$,739,/38
$,956,597
/79,484
$25,$78
$,$76
/,625
693,76$
/,6$3,73/
2,/$4,$39
3,4$$,$55
44
Ne( @ar< !$In(ere#( )n'"@e !r"*)#)"n A;; N"n @ar< ! $In(ere#( )n'"@e 'ee, ;ommission $,//9,25/ :ividend income Income dealing in 265,68/ A29,$79B /62,9/7 /,338,957 $,328,276 A$,352B 66,324 2,8/9,988 $49,426 2,/9$ 48,823 3,8$2,833 $,$9$,366 A254B 24,875 5,967,/46 35,$35 from /49,//3 $,242,777 $82,/44 /7/,/74 /,95/,566 $36,$73 $83,768 /,2$3,829 $,3/5,267 847,853 /,799,295 $,267,8$8 65$,823 a+(er 6,/76,2$3 8,6$6,424 7,356,465 $9,$$5,25$ $3,/$/,/72
foreign currency Cain on sale of $/3,272 investments Un reali.ed gain Other income Total markup% interest income 8,//5,786 /9,/89,439 -e## N"n @ar< !$)n(ere#( eF!en#e# Administrative e0penses Other provisions Eorker Eelfare 'und Other charges Total e0penses $7,888 3,28/,69/ 6,967 4,494,498 5,55$,983 45 /45,758 5,323,488 4,842,965 /54,7$6 7,862,272 5,945,8// 56,266 8,6$7,8$7 $9,46$,5// $$3,$6$ K /96,742 K $48,273 K 394,$97 $/4,959 A7$,673B /$4,63$ 3,/48,42/ 4,/89,467 5,9$7,235 7,$66,287 8,4$6,473 $/,$55,592 /,276,564 $4,929,294 /4,695 /6/,65/ non $,828,472
Pr"+)( %e+"re (aF 3,723,$84
-e## TaFa()"nB ;urrent year Prior years :eferred Total Ta0 Pr"+)( a+(er (aF $,22$,357 //,999 289,483 $,633,95/ 2,989,$22 /,/$4,98/ K 37,64/ /,/52,733 3,286,/49 $,776,/88 K A$9,27$B $,765,8$7 3,965,$47 $,729,962 K $2/,877 $,852,95$ 3,982,75$ 2,44$,382 K A$/8,$7$B 2,3//,2$/ 6,$38,2$9
Una!!r"!r)a(e; !r"+)( +"r7ar; %r" 8D(
A33,/72B
/,64$,32$
4,539,386
5,889,757
7,497,$4$
Pr"+)( a*a)la%le +"r 2,934,749 a!!r"!r)a()"n
6,$37,57$
8,6$5,544
$$,973,6/8
$4,546,35$
Da(a S" r'e:

The data of income statement of Allied bank has been taken from $. /. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk
46
http://vuproxy.blogspot.com/ 5..: RATIO ANA-YSIS FOR THE -AST FIVE YEARS 5...1: CURRENT RATIO
F"r@ la M C rren( A##e( $ C rren( -)a%)l)()e#
-upees in G999
2::9
;urrent Asset ;urrent ,iabilities -atio
$76,742,595
2::>
/34,47$,554
2::5
2$/,45$,984 299,/2$,37$
2::?
244,322,68/ 233,237,9//
2::3
394,77$,/55 277,3/$,947
$67,9/3,5/$ /23,228,9/2
1.1 : 1
1:1
1:1
1:1
1:1
In(er!re(a()"n:
;urrent ratio of Allied Bank ,td over period of /994 "/998 has not very much fluctuate and remain $.It is good sign for the bank, because current ratio of the organi.ation should be in the ratio $1$. There is no difference in the current assets and current liabilities of the organi.ation in this assessment period so that ;urrent -atio is not e0tra fluctuate.
47
5...2: ACID TEST RATIO

F"r@ la M -)E ); A##e(# $ C rren( -)a%)l)()e#
-upees in G999
2::9
,i&uid Asset ;urrent ,iabilities -atio
$56,2$5,74/
2::>
/$6,426,385
2::5
/7/,/65,746 299,/2$,37$
2::?
296,333,23$ 233,237,9//
2::3
246,337,793 277,3/$,947
$67,9/3,5/$ /23,228,9/2
:.34 : 1
:.3. : 1
:.34 : 1
:.?3 : 1
:.32 : 1
In(er!re(a()"n:
It tells us that for the payment of its liabilities the firm% bank have ho! many li&uid resources at the time of calculating this ratio. This ratio measure to meet current data#s !ith most li&uid A&uarter current assetB !hich is fluctuate trend in the evaluation period. Acid test ratio is much fluctuate in the !hole evaluation period. It is high in /994 and /996 in /995 it is little less but in /997 and /998 it is again increasing.
48
http://vuproxy.blogspot.com/ 5....: DEBT TO EKUITY RATIO

F"r@ la M T"(al De%( $ SDare D"l;er EE )(A
-upees in G999
2::9
Total :ebt (hare holder @&uity -atio 12 : 1
$67,9/3,5/$ $3,438,536
2::>
/23,228,9/2 $6,576,642
2::5
299,/2$,37$ $8,767,/3/
2::?
233,237,9// //,/24,788
2::3
277,3/$,947 /8,8$8,683
1. : 1
19 : 1
19.9 : 1
1. : 1
In(er!re(a()"n:
In the :ebt to @&uity ratio high ratio is a good sign for organi.ation. There is fluctuation in the period of /994 to /998. -atio gradually increases in the first four years from /994" /997 then decreases in the year /998 due to increase in total debt of the organi.ation.
5...4: DEBT TO ASSETS RATIO

F"r@ la M T"(al De%( $ T"(al A##e(#
-upees in G999
2::9
Total :ebt Total Assets -atio
$67,9/3,5/$ $8/,463,/57
2::>
/23,228,9/2 /4/,9/5,665
2::5
299,/2$,37$ 2/9,$98,6/2
2::?
233,237,9// 255,472,8/$
2::3
277,3/$,947 3$7,239,74/
:.32 : 1
:.3. : 1
:.34 : 1
:.34 : 1
:.3. : 1
59
In(er!re(a()"n:
:ebt to Assets ratio almost same but there is slightly difference and less then $ in the evaluation period and sho! good ratio of the organi.ation.
5...9: INTEREST COVERAGE RATIO

F"r@ la M E.B.I.T.$In(ere#( EF!en#e
-upees in G999
2::9
@arning Interest @0pense -atio In(er!re(a()"n:
3,723,$84 /,9/3,548
2::>
5,55$,983 5,682,$9$
2::5
4,842,965 $9,9$8,993
2::?
5,945,8// $6,/5/,4$8
2::3
$9,46$,5// //,3/$,/$7
2.4 : 1
1:1
:.> : 1
:.4 : 1
:.9 : 1
Interest ;overage -atio constantly reduces in the period of /994 to /997 * then some lightly increases in /998. The highest ratio is good sign for the bank.
5$
http://vuproxy.blogspot.com/ 5...>: RETURN ON INVESTMENT

F"r@ la M Ne( Pr"+)( a+(er TaF$ T"(al A##e(#
-upees in G999
2::9
et Profit 2,989,$22 After Ta0 $8/,463,/57 Total Assets -atio :.:2 : 1
2::>
3,286,/49 /4/,9/5,665
2::5
3,965,$47 2/9,$98,6/2
2::?
3,982,75$ 255,472,8/$
2::3
6,$38,2$9 3$7,239,74/
:.:2 : 1
:.:1 : 1
:.:1 : 1
:.:2 : 1
In(er!re(a()"n:
The -atio of return on investment fluctuate in the evaluation period in /994 * /995 is same, and some decline in the year /996,/997 and again vast increase in /998 but same !ith first t!o years of the evaluation period.
5...5: ASSETS TURN OVER RATIO

F"r@ la M T"(al Earn)n8 $ T"(al A##e(#
-upees in G999
2::9
Total @arning Total Assets -atio
8,//5,786 $8/,463,/57
2::>
$/,$55,592 /4/,9/5,665
2::5
/,276,564 2/9,$98,6/2
2::?
$4,929,294 255,472,8/$
2::3
/9,/89,439 3$7,239,74/
:.:9 : 1
:.:9 : 1
:.:1 : 1
:.:4 : 1
:.:9 : 1
In(er!re(a()"n:
5/
There is also fluctuation in the assessment period of AB,. The ratio is same in /994, /995 and there is decrease in /996 due to some decrease in markup , interest earned and assets and then again increase during the year /997 * /998.
5...?: -OANS TO TOTA- ASSETS RATIO

F"r@ la M T"(al -"an# $ T"(al A##e(#
-upees in G999
2::9
Total ,oans Total Assets -atio
K $8/,463,/57
2::>
/,499,999 /4/,9/5,665
2::5
/,388,999 2/9,$98,6/2
2::?
/,387,999 255,472,8/$
2::3
4,386,999 3$7,239,74/
"
:.:1 : 1
:.::? : 1
:.::5 : 1
:.:1. : 1
In(er!re(a()"n:
,oan to total assets ratio sho!s the empirical relation bet!een loan and assets ac&uired by the bank. ,o!er the ratio is better for the institution. The loan to assets ratio of AB, is fluctuate in the !hole period, in /994 there !ere no any loans by the organi.ation, from period /995 to /997 the ratio constantly decreases and then again increases in the year /998.
52
http://vuproxy.blogspot.com/ 5...3: INTEREST EXPENSE TO INTEREST INCOME RATIO

F"r@ la M In(ere#( EF!en#e $ In(ere#( In'"@e
-upees in G999
2::9
/,9/3,548
2::>
5,682,$9$
2::5
$9,9$8,993
2::?
$6,/5/,4$8
2::3
//,3/$,/$7
Interest e0pense
6,756,28/ $9,3//,395 $$,$7/,3$7 $2,22$,49$ $7,6/2,338
Interest income -atio In(er!re(a()"n:

Interest @0pense to income ratio constantly increase in the !hole period of /994 to /998. In early three years ratio is less then one due to lo! e0penses but in last t!o years ratio is more then $ due to increase in interest e0penses.
:.2> : 1
:.>9 : 1
:.3 : 1
1.23 : 1
1.2 : 1
53
http://vuproxy.blogspot.com/ 5...1:: MAR0 UP TO NON MAR0 UP INCOME RATIO

F"r@ la M Mar< ! In'"@e $ N"n Mar< ! )n'"@e
-upees in G999
2::9
)arkKup%-eturn% 8,78/,94$ Interest earned Total non $,828,472 markup income -atio In(er!re(a()"n:
)arkup to
2::>
$6,/$4,49 6 /,338,957
2::5
/$,/9$,3// 2,8/9,988
2::?
29,483,9/9 3,8$2,833
2::3
3$,$33,556 5,967,/46
9.1 : 1
5:1
9.4 : 1
>.2. : 1
>.55 : 1
on )arkup income ratio flactuate in the !hole period. A big increase in
/994 to /995 and then some decrease in /996, and then ratio constantly increase from /996 to /998.
5...11: MAR0 UP EXPENSE TO MAR0 UP INCOME RATIO

F"r@ la M Mar< U! EF!en#e $ Mar< U! In'"@e
-upees in G999
2::9
)arkKup%-eturn% /,9/3,548 Interest e0pense )arkKup%-eturn% 8,78/,94$ Interest earned -atio In(er!re(a()"n: :.2 : 1
2::>
5,682,$9$ $6,/$4,49 6
2::5
$9,9$8,993 /$,/9$,3//
2::?
$6,/5/,4$8 29,483,9/9
2::3
//,3/$,/$7 3$,$33,556
:..3 : 1
:.45 : 1
:.9> : 1
:.94 : 1
54
)ark up to /998. on )arkup e0pense ratio of the AB, constantly increase in the evaluation
period a continuous change from year /994 to /997 but very slightly change in last year
5...12: ADMIN EXPENSE TO TOTA- MAR0UP RATIO

F"r@ la M A;@)n EF!en#e$ Mar< ! In'"@e
-upees in G999
2::9
Administrative
3,/48,42/
2::>
4,/89,467 $6,/$4,49 6
2::5
5,9$7,235 /$,/9$,3//
2::?
7,$66,287 29,483,9/9
2::3
8,4$6,473 3$,$33,556
e0penses )arkKup%-eturn% 8,78/,94$ Interest earned -atio In(er!re(a()"n: :.4 : 1
:.. : 1
:.. : 1
:.. : 1
:.2 : 1
Admin e0pense to markup ratio !as at highest point in /994, and then !ere constant in the years /995, /996 and /997, because in the this period admin e0pense and markup income both !ere same and !ith the same ratio but there is slightly decrease in the year /998.
55
http://vuproxy.blogspot.com/ 5...1.: NON MAR0 UP EXPENSE TO NON MAR0 UP INCOME

RATIO
F"r@ la M N"n Mar< U! EF!en#e $ N"n Mar< U! In'"@e -upees in G999
2::9
Total )ark e0penses Total on 3,28/,69/ up non $,828,472
2::>
4,494,498
2::5
5,323,488
2::?
7,862,272
2::3
8,6$7,8$7
/,338,957
2,8/9,988
3,8$2,833
5,967,/46
markup Income
-atio In(er!re(a()"n:
2.2> : 1
2.29 : 1
1.>4 : 1
1.?. : 1
1.> : 1
on )ark up e0pense to non mark up ratio fluctuate in the period of /994 to /998. And al!ays more then one !hich is not good for Allied bank.
5...14: RETURN ON EKUITY 2ROE6

F"r@ la M Ne( Pr"+)( a+(er TaF $ SDare H"l;er EE )(A -upees in G999
2::9
et Profit
2,989,$22
2::>
3,286,/49 $6,576,642
2::5
3,965,$47 $8,767,/3/
2::?
3,982,75$ //,/24,788
2::3
6,$38,2$9 /8,8$8,683
After Ta0 (hare holder $3,438,536 @&uity -atio :.2 : 1
:.29 : 1
:.2 : 1
:.1? : 1
:.24 : 1
56
In(er!re(a()"n:
-eturn on e&uity ratio also fluctuate in the !hole period of /994 to /998. In the assessment period the change is very slightly due to change of the profit in the evaluation period.
5...19: EARNING PER SHARE

F"r@ la MNe( Pr"+)( a+(er TaF $ T"(al n". "+ #Dare#
-upees in G999
2::9
et Profit 2,989,$22 After Ta0 Total no. 337,753,/99 of shares -atio :.::5 : 1
2::>
3,286,/49 337,753,/99
2::5
3,965,$47 427,526,999
2::?
3,982,75$ 535,253,399
2::3
6,$38,2$9 6$$,999,647
:.:1: : 1
:.::? : 1
:.::> : 1
:.:1: : 1
In(er!re(a()"n:
@arning per (hare ratio is very small and lo!er then $. In /994 to /995 it is increased and then from period /995 to /997 it is constantly decreased in three years due to high increase in assets and lo! increase in net profit and then also increase in the year /998.
57
http://vuproxy.blogspot.com/ 5.4: HORI,ONTA- ANA-YSIS OF THE BA-ANCE SHEET FOR THE -AST FIVE YEARS 2::9 A##e(#
;ash Balance and $99H !ith 4/H /9H 53H 28H $45H /9/H $5$H $68H
2::>
2::5
2::?
2::3
Treasury Banks Balance !ith $99H other banks ,ending financial institutions Investments Advances $99H $99H to $99H
229H
2$8H
/62H
376H
$94H $29H $26H
$76H $4/H $59H
$73H $8/H /25H
/$$H /$3H /53H
Operating fi0ed $99H assets :eferred assets Other Assets $99H ta0 $99H
83H
86H
$4/H
"
$3$H
$37H
/3$H
/38H
$99H
$2$H
$55H
$89H
/$6H
58
http://vuproxy.blogspot.com/ -)a%)l)()e#
Bills Payable Borro!ings :eposits $99H $99H and $99H " 82H $89H $/7H " $32H /26H $53H " $/$H /76H $73H " $/8H 3$$H /93H "
other accounts (ub"ordinated loans :eferred liabilities Other liabilities
ta0 "
"
"
"
"
$99H $99H
$$4H $2/H 122N
$53H $58H 1.5N
294H $82H 19.N
/37H /$7H 2:>N
Ne( A##e(#
1::N
(hare capital -eserves
$99H $99H
$99H $97H /94H 78H 122N
$/9H $95H /44H 89H 1.5N
$33H $9/H 2$9H 8$H 19.N
$47H $$5H 334H /37H 2:>N
Unappropriated $99H profit (urplus on $99H revaluation of assets 1::N
69
http://vuproxy.blogspot.com/ HORI,ONTA- ANA-YSIS OF BA-ANCE SHEET

'or the purpose of >ori.ontal Analysis of Balance (heet for the last five years /994 to /998. I select /994 as a base year and evaluate assets and liabilities of all other four years on the base of /994 and compare all this period. Ca#D an; Balan'e 7)(D Trea# rA Ban<#, overall increase $45H in /995, /9/H in /996 and in /997 $5$H and $68H in /998, in other !ords !e can say that during these years only 45H in /995, $9/ in /996, 5$H in /997 and 68H in year /998 as compare to base year, but I compare overall comparison of the organi.ation. Balan'e 7)(D "(Der %an<#, go up from /994, 4/H in /995, then little increase in as /9H in /996, then 53H in /997 and 28H in the year /998. -en;)n8 (" +)nan')al )n#()( ()"n#, constantly increase but !ith fluctuations. It rise 229H in year /995, then 2$8H in /996, /62H in /997, and 376H in /998. In*e#(@en(# repeatedly increase up to /996 then bit decline. (o $94H increase in /995, $76H in /996, and $73H increase in /997 but in /998 high percentage increase is /$$. A;*an'e# of the organi.ation constantly gro! in !hole evaluation period, if !e compare it $29H gro!th in /995, $4/H e0pansion in /996, and $8/H e0pansion in /997,but a high gro!th of /$3H in /998. O!era()n8 +)Fe; a##e(# of the organi.ation also sho! a constantly gro!th in !hole evaluation period same like as advances as $26H in /995, $59H in /996, /25H in /997, and a high gro!th /53H in the year /998. De+erre; TaF A##e(# are also increasing gradually upto /997, but there are nothing such assets in /998 as 83H increase in /995, 86H in /996 and $4/H increase in the year /998. O(Der A##e(# also have same condition similar to advances and operating fi0ed assets and are increasing gradually as $3$H in /995 $37H in /996, /3$H in /997 and high increase in the year /998. T"(al A##e(# of the organi.ation are also continually rise from base year to final year !hich sho!s increasing in assets of the organi.ation every year $2$H enhance in /995, $55H in /996, $89H in /997, and /$6H gro!th in /998. B)ll# PaAa%le is the first item of liability side, !hich sho!s increasing in liabilities of the organi.ation every year. In /995, 82H enhance as compare to base year. And $32H increases in /996, $/$H increase in /997, but in /998 gro!th rate in $/8H in bills
6$
payable. B"rr"7)n8# There is gradually increase in the borro!ing of the organi.ation in the selected period. Thus $89H decrease in /995, but in /996 /26H increase in Borro!ings and /76H in /997, and a high increase 3$$H in the year /998. De!"#)(# an; "(Der a''" n(# are same like that of borro!ing and regularly rise !ith the passage of time, $/7H increase in /995, $53H,$73H and /93H gro!th in /996,97and 98, as compare to base year. S %1"r;)na(e; l"an# There are no sub"ordinate loans in the year /994, and there in not any base year for comparison, so I cannot compare such loans of all other years !ith base year. De+erre; (aF l)a%)l)()e# are also not present in the first four year /994, 95, 96 and 97 and only present in the year /998. Therefore !e cannot compare such liabilities !ith any other financial years. O(Der l)a%)l)()e# raise gradually, $$4H in /995, $53H in /996, 294H in /997 and /37H in /998 as evaluate to /994 that is base year. ,iability side of the balance sheet also go up continually, $2/H, $58H, $82H and /$7H from /995 to /998, as measure up to to base year. After subtracting liabilities from the assets side of the balance sheet the in /997 and /95H gro!th in /998. Ne( A##e(# are also continually gro! up as compare to base year, $//H in /995,$26H in /996, $42H
6/
5.9: HORI,ONTA- ANA-YSIS OF INCOME STATEMENT FOR THE -AST FIVE YEARS 2::9
)arkup%-eturn% Interest earned -e## )arkup%-eturn% Interest e0pense et markup% Interest income $99H $22H $3/H $69H /27H $99H 225H 384H 742H $$96H $99H
2::>
$63H
2::5
/$3H
2::?
298H
2::3
3$5H
Provision against $99H nonperforming loan advances Provision dimunation the value and for $99H in of
$35H
568H
232H
68/H
"6/H
3H
89$5H
4/29H
investment Bad debts !ritten $99H off directly Ne( @ar< !$In(ere#( )n'"@e !r"*)#)"n a+(er $99H $99H
74H $//H $22H
$H 357H $$5H
/H 443H $28H
" 667H $84H
62
A;; N"n @ar< ! $In(ere#( )n'"@e 'ee, ;ommission $99H :ividend income Income dealing in $99H $99H $99H non $99H 292H "$$6H $99H $/5H $$46H "5H /7H /9/H $/$H $2H //H /42H 775H "$H $2H 2$2H $99H from $99H $$$H 3$8H $$2H $58H 2$8H 67H $89H 298$H 272H /29H /877H 294H
foreign currency Cain on sale of investments Un reali.ed gain Other income Total markup% interest income $99H Administrative $99H $2/H $/3H $7/H 26H $/4H $27H $55H KK $2H $29H $3/H /5H $3$H $39H $24/H $36H $/2H $3/H KK "2H $97H $2/H $52H $8/H 244H $288H /93H $/4H $27H KK 23H $$2H $22H //9H //2H "6/H 244H //$H /$8H /56H KK "22H $85H /2$H -e## N"n @ar< !$)n(ere#( eF!en#e# e0penses Other provisions $99H Other charges $99H Total e0penses $99H Pr"+)( %e+"re (aF 1::H -e## TaFa()"n ;urrent year Prior years :eferred Total Ta0 Pr"+)( a+(er (aF $99H KK $99H $99H $99H
HORI,ONTA- ANA-YSIS OF INCOME STATEMENT http://vuproxy.blogspot.com/

63
'or the purpose of >ori.ontal Analysis of Income (tatement for the last five years /994 to /998. I select /994 as a base year and evaluate incomes and e0penditures of all other four years on the base of /994 and compare all this period. Mar< ! Earne; of the Allied bank constantly increase in the !hole period, it
increase $63H in /995, /$3H in /996, 298H in /997, and highest increase in the year /998 as 3$5H. Mar< ! EF!en#e of the Allied bank is same like )ar up earned and are increasing gradually in the evaluation period, thus 225H in /995, 384H in /996, 742H in /997 and highest increase in year /998 as $$96H as compare to base year. These e0penses increase gradually due to increase in deposits of the bank every year. Ne( Mar< ! also rises constantly due to rise in markup income. And $22H gro!th in /995, $3/H in /996,$69H in /997 and /27H gro!th in /998 in the evaluation period . Pr"*)#)"n a8a)n#( n"n!er+"r@)n8 l"an an; a;*an'e# rises from /995 to /996 as $35H in /995, 568H in /996 and decreases as 232H in /997 and again highest increase in /998 as 68/H. Pr"*)#)"n +"r ;)@ na()"n (De *al e "+ )n*e#(@en( there is much fluctuation in the evaluation period. In /995 it is in negative as "6/H then it is rises as 3H in /996, after it there is huge increase ind /997 as 89$5H and 4/29H in /998. Ba; De%(# 7r)((en "++ also fluctuate in the evaluation period as 74H in /995 and then huge decrease in /996 as $H, and /H in /997, there are no bad debts in /998. Ne( Mar< ! a+(er Pr"*)#)"n also fluctuate in evaluation period in /995 it is increases as $22H then it little decrease in /996 as $$5H after it again increase $28H and $84H in /997,/998. N"n Mar< ! In'"@e, include Fee "r C"@@)##)"n gradually rise !ith $$$H,$58H,$89Ha and /29H from /995 to /998 on the base of /994.D)*);en( )n'"@e in /995 the gro!th is 3$8H and then decrease in /996 as 2$8H, and in the ne0t year it is highly increased as 298$H in /997 and /877H in /998. In'"@e +r"@ F"re)8n C rren'A in /995 it is increased as $$2H then decrease in /996 as 67H and in /997 there is highest increase as 272H in /997, in /998 decrease as 294H. Ga)n "n #ale "+ )n*e#(@en( fluctuate in the !hole H in /996 then there is huge decrease as $/period, first there in increase in /995 as 292H and H in /997 after it again increase as 775H in /998. Unreal)Ce; Ga)n also fluctuate in the
64
evaluation period in /995 it is great decrease as "$$6H in /996 is "5 and in /997 it is increased as $2H but in /998 it is again as "$H. O(Der In'"@e is same in /995 as $99H, after it is continually decreases as /7H,//H and $2H in the year /996,/997 and /998. After addition of all these income $/5H increase in /995, /9/H in /996, /42H in /997 and 2$2H increase in /998. N"n Mar< ! EF!en#e include A;@)n)#(ra()*e EF!en#e# rises gradually the !hole period as $/3H in /995, $3$H in /996, $8/H in /997 and highest increase as //2H in /998. O(Der !r"*)#)"n also much fluctuate the !hole period, first it increase as $7/H in /995, then decrease in /996 as $39H again it increased as 244H in /997 and there in huge decrease in year /998. O(Der CDar8e# eF!en#e also vary in the !hole period in /995 it is 26H and there is increase in /996, /997 as $24/H and $288H and in /998 it is again decrease as 244H. Pr"+)( %e+"re TaF due to fluctuation in the e0penses it is also fluctuate in the !hole year. It rises $27H in /995 then fall in /996 as $/2H again in /997 * /998 it is gradually increase as $/H and /$8H. T"(al TaF is ebb and flo! !ith $29H,$97H,$$2H,$85H from /995 to /998. Pr"+)( a+(er TaF is increase as $3/H in /995 then fall in /996 as $2/H and after it continually increase as $22H and /2$H in year /997 and /998.
65
5.>: VERTICA- ANA-YSIS OF BA-ANCE SHEET FOR THE -AST FIVE YEARS 2::9 A##e(#
;ash Balance and 6.6H !ith 9.6H 9./H 9.5H 9.2H 8.$H 8.2H 5.4H 5.2H
2::>
2::5
2::?
2::3
Treasury Banks Balance !ith $.6H other banks ,ending financial institutions Investments Advances /2.2H 46.6H to 2H
6.4H
4.7H
3.2H
5.6H
$7.5H 46./H /.5H
/5./H 4/.5H /.3H
//.4H 47.$H 2H
//.5H 45.7H 2H
Operating fi0ed /.4H assets :eferred Assets Other Assets 2.6H Ta0 9.3H
9.2H
9./H
9.2H
"
3H
2.2H
3.6H
3.2H
$99H
$99H
$99H
$99H
$99H
66
-)a%)l)()e#
Bills Payable Borro!ings $.2H 4H 9.8H 6.2H $.$H 6./H 9.7H 6.5H 9.6H 8.4H
:eposits
and 72.7H "
7$.7H $H
7/.4H 9.7H
7$./H 9.6H
67.5H $.2H
other accounts (ub"ordinate loans
:eferred liabilities
ta0 "
"
"
"
"
Other liabilities
/.2H 8/.3H
/H 82H 6H
/.2H 82.8H 5.$H
2.6H 83H 5H
/.6H 8/.7H 6./H
Ne( A##e(#
6.5H
1::N
(hare capital -eserves /.2H 2H
1::N
$.7H /.3H /./H 9.5H 5N
1::N
$.6H $.7H /.$H 9.4H >.1N
1::N
$.6H $.5H /.2H 9.3H >N
1::N
$.6H $.5H /.8H $H 5.2N
Unappropriated $.3H profit (urplus on 9.8H revaluation of assets 5.>N
67
http://vuproxy.blogspot.com/ VERTICA- ANA-YSIS OF BA-ANCE SHEET

'or the purpose of Jertical Analysis of Balance (heet for the last five years /994 to /998. I evaluate assets and liabilities of the organi.ation that ho! much its share includes in total. Ca#D an; Balan'e 7)(D Trea# rA Ban<# have
5.2H share out of $99H in /998, 5.4H in /997, 8.2H in /996, and 8.$H in /994, 6.6H in /993. Balan'e 7)(D "(Der %an<# have 9.2H contribution in /998, 9.5H in /997, 9./H in /996, 9.6 in /995 but $.6H in /994, out of $99H total assets. -en;)n8 (" +)nan')al )n#()( ()"n# have 5.6H, 3.2H, 4.7H, 6.4H and 2H share in /998 to /994 out of $99H. In*e#(@en(# include //.5H in /998, //.4H in //97, /5./H in /996, $7.5H in /995 and /2.2H in /994.The largest contribute in assets is A;*an'e# that have contribution of 45.7H in /998, 47.$H in /997, 4/.5H in /996, 46./H in /995 and 46.6H in /994 . O!era()n8 +)Fe; a##e(# an; both have same ratio 2H share in /998 and /997, /.3H in /996, /.5H in /995 and /.4H in /994 in total assets. De+erre; TaF A##e(# there are not any asset in /998, and 3.6H share in /997, 9./H in /996, 9.2H in /995 and 9.3H in /994. O(Der A##e(# There is 3.2H contribution in /998, 3.6H in /997, 2.2H in /996, 3H in /995 and 2.6H in /994. On liability side B)ll# PaAa%le is the first item and it has 9.6H share in total liabilities in /998, 9.7 in /997, $.$H in /996, 9.8H in /995 and $.2H in /994. B"rr"7)n8# include in total liability 8.4H, 6.5H, 6./H, 6.2H, 4H from /998 to /994.The largest contribution in liabilities is De!"#)(# an; "(Der a''" n(# that is 67.5H in /998, 7$./H in /997, 7/.4H in /996, 7$.7H in /995 and 72.7H in /994 out of total liabilities in all five years. S %1 "r;)na(e l"an# include in total liabilities $.2H in /998, 9.6H in /997, 9.7H in /996 and $H in /995 but no share in /994. O(Der l)a%)l)()e# have /.6H share in /998, and 2.6H in /997, /.2H in /996 * /994, but /H in /995. Total ,iabilities have 8/.7H in /998, 83H in /997, 82.8H in /996, 82H in /995 and 8/.3H in /994. After subtracting total liabilities from total assets !e Ne( A##e(# have 6./H in /998, 5H in /997 * /996, 6H in /995 and 6.5H in /994.
68
http://vuproxy.blogspot.com/ 5.5: VERTICA- ANA-YSIS OF THE INCOME STATEMENT FOR THE -AST FIVE YEARS 2::9
Mar<O !$Re( rn$ In(ere#( earne; N"n @ar< ! In'"@e 'ee, ;ommission :ividend income Income from dealing in foreign currency Cain on sale of investments Un reali.ed gain Other income T"(al n"n @ar< !$ )n(ere#( )n'"@e $9.2H 9.3H /.$H 5.8H $H $.3H 7./H 9.5H 9.7H 5.4H 3H /.6H 4.8H ?..>N
2::>
?5.>N
2::5
?4.4N
2::?
?>.2N
2::3
?5.1N
$.5H
$.$H 9./H /.2H 1>.4N $99H
$.8H A9./HB $.3H 12.4N $99H
4.6H A9.9$HB 9.2H 19.>N $99H
9.3H 9.9$H 9./H 1..?N $99H
/.2H " 9.$H 12.3N $99H
T"(al In'"@e
-e## N"n @ar< !$)n(ere#( eF!en#e# )ark"up% -eturn%Inerest e0pense Administrative e0penses Provisions * $6.$H 23.4H 28.8H 37.5H 36.4H
25H 3.8H 9.$H
/6H 2.5H $.$H
/3H $9.7H 9.5H
/2H 8.$H $.$H
/9./H 8.4H A9./HB
Bad :ebts Other Provision
79
" 'und Other charges 9./H Total e0penses 47.2H Pr"+)( %e+"re (aF 3$.6H -e## TaFa()"n ;urrent year Prior years :eferred Total Ta0 Pr"+)( a+(er (aF $$.2H 9./H 2.2H $3.6H /6H $$./H " 9.2H $$.4H //.3H 6.4H " A9.93HB 6.4H $5./H 4./H " 9.3H 4.5H $$.4H 6.4H " A9.2HB 6./H $4./H Eorker Eelfare " 9.93H 55.$H 22.8H " $H 65.2H /2.6H 9.3H 9.7H 7/.8H $6.$H 9.4H 9.$H 66.5H //.3H
VERTICA- ANA-YSIS OF INCOME STATEMENT
7$
Jertical Analysis of the organi.ation from /994 to /998. I get interest income plus non interest income as $99 H as base and compare all other income statement figures !ith it I evaluate all the incomes and e0penditure for all five years. Mar< ! earne; is the maim source of income and @ar< ! eF!en#e is the main e0penditure of bank. )arkup are 76.$H in /998, 75./H in /997, 73.3H in/996, 76.5Hin /995 and 72.5H in /994 of interest income, .Total non markup income is $/.8H in /998, $2.7H in /997, $4.5H in /996, $/.3H in /995 and $5.3H in /994 out of total income. (o total income is $99H. Then less non markup e0penses 66.5H in /998, 7/.5H in /997 and 65.2H in /996, 55.$H and 47.2H in /995 and /994. Ee get profit before ta0 //.3H in /998, $6.$H in /997, /2.6H in /996, 22.8H in /995 and 3$.6H in /994 out of total income of bank. And the total ta0es of these five years are 6./H, 4.5H, 6.4H, $$.4H, $3.6H from /998 to /998. After subtracting total ta0 !e obtain Pr"+)( a+(er TaFB $4./H in /998, $$.4H in /997 and $5./H in /996, //.3H in /995 and /6H in /994 out of total revenue of bank.
7/
?: COMPARE THE ORGANI,ATION /ITH
ITS COMPETITORS
?.1: A--IED BAN0 -(; *#. UNITED BAN0 -(;
-upees in G999
All)e; Ban< -(; 2::?

A##e(# -)a%)l)()e# Pr"+)( a+(er TaF 255,472,8/$ 233,237,9// 3,982,75$
Un)(e; Ban< -(; 2::?

435,684,76$ 387,893,822 4,665,442
2::3
3$7,239,74/ 277,3/$,947 6,$38,2$9
2::3
48/,$74,$69 439,854,6$2 4,744,736
Balan'e SDee( Ra()"#

;urrent -atio :ebt -atio :ebt to $1$ 9.9541$ Total 9.831$ $1$ 9.941$ 9.821$ $.941$ 9.951$ 9.81$ $.951$ 9.9421$ 9.81$
Asset -atio
Pr"+)(a%)l)(A Ra()"#
Profitability -elation Investment -eturn @&uity Interest ;overage -atio on 9.$71$ 9.31$ 9./31$ 9.41$ 9.61$ /.2/1$ 9.471$ /1$ in 9.9$1$ to 9.9/1$ 9.9$1$ 9.9981$
72
Da(a S" r'e:
The above data has been taken from follo!ing sources $. /. 2. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk http1%%!!!.ubl.com.pk
UB, is the older bank due to this the asset and liabilities of the United Bank ,imited are also high. The more liabilities sho! that the !orking and services is more as compare to AB, and customer have confidence on United Bank ,td. Profit of the UB, also sho!s that this bank properly invested in investment portfolio, on the other hand the profit of the AB, is in the increasing trend, in /997 it is less than that of the UB, but in /998 it is more than that of the UB, !hich sho!s that the efficiency of the AB, is high than that of the UB,. ;urrent ratio of the United Bank is less as compare to AB, it means that liabilities are less than UB,. :ebt -atio is almost same as comparing but the debt position of AB, is strong as compare to other bank. In :ebt to total Assets -atio the position of AB, is better. Profitability in relation to Investment increasing over year of United Bank, the investment considerably !isely invested by AB,. -eturn on @&uity is better than AB,, ho!ever the return on e&uity increasing of AB, but decreasing trend in UB, due to best utili.ation of funds by AB,. Interest coverage -atio is in better position UB, against Allied bank. It sho!s that United Bank investing more than AB, in the debts
73
?.2: A--IED BAN0 -(; *#. BAN0 A-FA-AH -(;
-upees in G999
All)e; Ban< -(; 2::?

A##e(# -)a%)l)()e# Pr"+)( a+(er TaF 255,472,8/$ 233,237,9// 3,982,75$
Ban< Al+alaD -(; 2::?

229,568,76/ 2$2,/54,6$7 527,7$/
2::3
3$7,239,74/ 277,3/$,947 6,$38,2$9
2::3
2$9,/98,643 /8/,52/,8/7 $,997,796

;urrent -atio :ebt -atio :ebt to $1$ 9.9541$ Total 9.831$ $1$ 9.941$ 9.821$ /.$1$ 9.971$ $.51$ $.641$ 9.9541$ $./1$
Asset -atio
Pr"+)(a%)l)(A Ra()"#
Profitability -elation in 9.9$1$ to 9.$71$ 9.31$ 9./31$ 9.41$ $.21$ $.9/1$ 9.591$ $.41$ 9.9/1$ 9.941$ 9.9341$
Investment -eturn on @&uity Interest ;overage -atio
74
Da(a S" r'e:

$. /. 2. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk http1%%!!!.bankalfalah.com.pk
The asset and liabilities of the Allied Bank ,imited are high to Bank Al 'alah due to older and have high customers and better performance. The more liabilities sho! that the !orking and services is better as compare to BA, and customer have confidence on Allied Bank ,td. Profit of the AB, is also high due to more investment, on the other hand the profit of the Bank Al 'alah is less !hich sho!s that the rate of interest is high than that of AB,. ;urrent ratio of the Bank Al 'alah is better as compare to AB, it means that liabilities are more than AB,. In :ebt -atio Bank Al 'alah is in better position. In :ebt to total Assets -atio Bank Al 'alah is in bad position due to high debts. Profitability in relation to Investment is better of Bank Al 'alah and decreasing trend !hile AB, in increasing trend over year due to the investment considerably !isely invested by AB,. -eturn on @&uity is better of Bank Al 'alah than AB, due to best utili.ation of funds by AB,. Interest coverage -atio is better position of Bank Al 'alah against Allied bank. It sho!s that Bank Al 'alah investing more than AB, in the debts.
75
?..: A--IED BAN0 -(; *#. BAN0 OF PUNJAB -(;
-upees in G999
All)e; Ban< -(; 2::?

A##e(# -)a%)l)()e# Pr"+)( a+(er TaF 255,472,8/$ 233,237,9// 3,982,75$
Ban< "+ P n&a% 2::?

/23,863,$84 /$4,867,39$ 6$7,578
2::3
3$7,239,74/ 277,3/$,947 6,$38,2$9
2::3
/99,399,954 $78,344,887 /93,598

;urrent -atio :ebt -atio :ebt to $1$ 9.9541$ Total 9.831$ $1$ 9.941$ 9.821$ 9.81$ 9.941$ 9.71$ $.941$ 9.981$ 9.841$
Asset -atio
Pr"+)(a%)l)(A Ra()"#
Profitability -elation in 9.9$1$ to 9./31$ 9.41$ 9.691$ $.271$ 9.591$ 9.741$ 9.9/1$ 9.$21$ 9.9441$
Investment -eturn on @&uity 9.$71$ Interest ;overage -atio 9.31$
76
Da(a S" r'e:

$. /. 2. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk http1%%!!!.bop.com.pk
The asset and liabilities of the Allied Bank ,imited are also high. The more liabilities of Allied Bank ,imited sho! that the !orking and services are better as compare to Bank of Pun+ab and customer have confidence on Allied Bank ,td. Profit of the AB, also sho!s that this bank properly invested in investment portfolio, on the other hand the profit of the AB, is in the increasing trend, in /997 and /998 it is more than that of the Bank of Pun+ab !hich sho!s that the efficiency of the AB, is high than that of the BOP. (imilarly ;urrent ratio of the Allied Bank ,imited is in better position as compare to Bank of Pun+ab it means that liabilities are less than AB,. :ebt -atio is almost same as comparing. In :ebt to total Assets -atio the position of both the banks is almost same but the ration is decrease in /997 and in /998 it is increasing as AB,. Profitability in relation to Investment increasing over year of Bank of Pun+ab, the investment considerably !isely invested by BOP. -eturn on @&uity is better than AB,. Interest coverage -atio is on better position of Bank of Pun+ab against Allied bank. It sho!s that Bank of Pun+ab investing more than AB,.
77
?.4: A--IED BAN0 -(; *#. AS0ARI BAN0 -(;
-upees in G999
All)e; Ban< -(; 2::?

A##e(# -)a%)l)()e# Pr"+)( a+(er TaF 255,472,8/$ 233,237,9// 3,982,75$
A#<ar) Ban< -(; 2::?

$7/,$6$,774 $58,894,787 /,57$,9$/
2::3
3$7,239,74/ 277,3/$,947 6,$38,2$9
2::3
/95,$8$,$27 $82,/$8,664 275,//4

;urrent -atio :ebt -atio :ebt to $1$ 9.9541$ Total 9.831$ $1$ 9.941$ 9.821$ $.931$ 9.951$ 9.821$ $.9/1$ 9.941$ 9.81$
Asset -atio
Pr"+)(a%)l)(A Ra()"#
Profitability -elation Investment -eturn @&uity Interest ;overage -atio on 9.$71$ 9.31$ 9./31$ 9.41$ 9.781$ $.371$ 9.9841$ $.971$ in 9.9$1$ to 9.9/1$ 9.9$41$ 9.99/1$
78
Da(a S" r'e:

The data has been taken from $. /. 2. Allied Bank ,td Annual report A/998, /997, /996, /995, /994B http1%%!!!.abl.com.pk http1%%!!!.askaribank.com.pk
In the comparison of Allied Bank ,td and Askari Bank ,td sho!s that the asset and liabilities of Allied bank are high. The asset and liabilities of both the bank are increasing trend. The more liabilities sho! that the !orking and services is more as compare to Askari bank and customer have more confidence on Allied Bank ,td. Profit of the AB, also sho!s that this bank properly invested in investment portfolio, on the other hand the profit of the AB, is in the increasing trend, in /997 and /998 it is high than that of the Askari Bank !hich sho!s that the efficiency of the AB, is high than that of the Askari Bank, !hile on the other hand the profit of the Askari bank is in decreasing trend due to outer market. ;urrent ratio of the Askari Bank is better as compare to AB,. :ebt -atio is almost same as comparing but the debt position of AB, is strong as compare to other bank. In :ebt to total Assets -atio the position of both the banks is almost same. Profitability in relation to Investment is almost same but AB, is lightly more than Askari bank !hich sho!s that ABl has the trained staff. -eturn on @&uity fluctuate in evaluation period in /998 the ratio of Allied bank is better !hile in /997 return on e&uity of Askari bank is better than AB,. Interest coverage -atio is better position AB, against Askari bank due to heavy profit as compare to Askari bank. It sho!s that United Bank investing more than AB, in the debts
89
3: FUTURE PROSPECTS
The global financial crisis has its effects trickling do!n to the banking system. The financial sector is facing its lo!s but still on its comparative basis its better than other neighboring countries o!ing to regulations and role of (BP to take timely corrective measures. )easures include rela0ation of ;-- and (,- in phases. The banking sector#s spread continues its rising trends after !itnessing a dip to the level of 5.67H in ?une /997 that has been taken as an after effect of minimum profit payment of 4H on saving accounts. The profits sho!s that long term investment in Pakistani banking system !ill be lucrative, as the asset &uality is &uite satisfactory. ;hallenges faced by the economy in general and banking sector in particular, include restrained li&uidity, slo!do!n of economic activities and high inflation. :espite of these issues, AB, has been able to maintain its profitability and e&uipped to face challenges !ith its dynamic management and trained !orkforce.
FUTURE P-ANS OF THE BAN0

The Board and the management strongly believe that ethical corporate culture has a positive impact on its long"term strategic success. The Bank is committed to maintaining a strong corporate culture founded on ethical business principles and moral values. The Bank !ill continue to strive for sustained gro!th and to become a leader in the banking industry by undertaking a number of initiatives namely iB iiB iiiB ivB -enovation of branches ,aunch of bank assurance products Aggressive )obili.ation of :eposits !ith a focus on reducing cost ;ommencement of Asset management operations through a !holly o!ned subsidiary. ;orporate governance is one of the top priorities of the Board of :irectors and the management. The Bank complies !ith all regulations of (BP and (@;P and other
8$
regulatory re&uirements. The Bank !ill also endeavor to implement international best practices of governance and ensure transparency and safeguarding the rights of all the stakeholders.
1:: /EA0NESSES OF AB-
11 I#la@)' Pr"; '(#:

In the ne! banking business environment Islamic products have its importance. Allied Bank ,td did not introduce any Islamic product, by giving Islamic products AB, can increase its business volume.
21 -a'< "+ Plann)n8 (De Mar<e()n8 S(ra(e8A:

Allied Bank is offer attractive product but it is not follo!ing a reasonable marketing strategy for the promotion of its product. The bank can entice more deposit at reasonable return. If a reasonable marketing strategy !ould be follo!ed.
.1 -"an:
AB, credit group do not sanction the loan to the la!yers, politicians and the female having no blood relative.
41 N" re+re#Der C" r#e +"r E@!l"Aee#:

Ehen the ne! employees are hired. They are trained for about si0 month in =arachi. After that they are posted in branches. The initial training !as the last training of their career. AB, doesn#t provide any on the +ob"training program and refresh courses. Ehich result in lack of up graduation in employee#s ability.
8/
91 N"( E++e'()*e C"n(r"l:

The control of >eads are not effective to the entire employees. In back offices the employees are less so it creates more !ork burden on the e0isting one.
>1 -a'< "+ Cre;)( Car; L De%)( Car; Fa')l)(A:

(ince last / years AB, has stopped the credit and debit card facility for their customers but recently AB, has again begun this facility but no! customers are not available due to the postage of time and limitations of the salary restrictions.
51 Re#ear'D an; ;e*el"!@en(

AB, has not opportunities of -*: for enhancement of its business if it !ould be possible then more efficiency !ill be improved and deposits, loans, status, good !ill increased.
?1 Mana8e@en( '"@!e(en'A
AB, has lack of management competency. It is a bad sign for the market competition and overall banks performance because if management has not interested and not able to do something ne!, the banks !orth also decreased in market
31 N" In(er De!ar(@en( Tran#+er

@ffective employee development needs regular transfer of employee from one department to another. But this strategy is not being follo!ed in AB,. Once an employee is posted in a department, he remains there for the rest of his employment period. By virtue of this policy employees !ere not in position to !ork efficiently in other department in case of need.
82
1:1 Ina;eE a(e SalarA Pa'<a8e

(alary structure offered by AB, is not ade&uate and !eakest salary package offered as compared to contempori.es and has resulted in employee dissatisfaction.
111 Fe7er In'en()*e#:

In back offices as compared to the branches the incentives are very less given to the employees and this arises the dissatisfaction among them.
121 /"r< B r;en:

In back offices the staff is very fe! as compared to the !ork load so the fe! employees bearing the more !ork burden and this create discomfort in them.
1.1 S()ll Man al /"r<:

In the some offices and !ings of AB, the employees still depend on manual !ork !hich causes slo! performance.
141 Fa*"r)()#@:
The most discouraging thing in AB, is that the promotions of employees are very late and mostly based on favoritism.
83
11: CONC-USION
At present there is no such organi.ation in the !orld that is free from problems and challenges. @very concern has to strive and struggle a lot to be more profitable and to get more competitive edge. The management of AB, is taking strategic steps to enable the bank to emerge as a strong and progressive institution. It is continuing to make efforts to refine its products and operations to make them more compatible. e! deposit schemes have been introduced and an action plan to maintain revenue gro!th in future. :uring my internship I have learned many ne! things in spite of the kno!ledge gained at university and also came to conclusion that education alone is not enough, practical training in every field is crucial to become a successful manager. The bank has great image due to the trust but it needs to use it effectively to increase market share. Also the fla!s in branch operations such as misallocation of resources should be rectified. As the business and economic conditions remain uncertain, AB, continues to develop the ne! products like it has been doing in past. :uring my internship training at AB, -egency Pla.a Branch 'aisalabad I have learned a lot. It !as a geed e0perience for me. In $88$, the AB, became the first Pakistan#s Privati.ed bank. After privati.ation, the profitability and performance of the bank has increased. Today AB, represents a bank that has gro!n !ith time.
84
http://vuproxy.blogspot.com/ GOOD FEATURES

The staff of foreign e0change department is highly professional. All the members of this department are highly educated and trained they !ork in a proper !ay and follo! all the rules and regulations, that is !hy this department of this branch is most professional and highly profitable department of the !hole AB,.
12: RECOMMENDATIONS FOR THE ORGANI,ATION

Eorking !ith Allied Bank !as a lifetime e0perience for me because not only it has made me able to step into my practical life but it also provided me !ith the e0posure of a multi national organi.ation. I have learnt a lot from my internship !ith Allied Bank. The overall !orking e0perience, the !orkplace environment, the help from the seniors and many more !as e0cellent. If anyone !ho seeks his career in the banking sector in Pakistan, probably Allied Bank is the best place he can find. Ehile doing my internship training of 7 !eeks in Allied Bank of Pakistan, I have analy.ed some problem in the Bank. =eeping in vie!s those problems follo!ings are my recommendations1 1. The bank has a lot of financing schemes but there are little advertisements of these schemes so AB, should more advertise its schemes. 2. )ost of the bank employees are stick to one seat only, !hich result that they become master of one particular +ob and lose their grip on other banking operations. (o, all employees should have regular +ob rotation. .. (ome of the talented employees should be sent to other countries for their advance trainings.
85
4. In back offices the employees are still depend on manual !ork !hich causes slo! performance. It should convert their system to an automated one. 9. AB, should promote the paperless banking. >. In some groups or !ings, approach to!ards employees is still bureaucratic, late promotion, favoritism in appraisals and lack of sufficient incentives are some problems arising dissatisfaction so the employees should be promoted on fair policies to increase more satisfaction among them. 5. AB, should introduce the Islamic products because it has the potential market. ?. Ehen giving the loan, the Bank must carefully analy.e the past si0 month#s transaction history of the borro!er. This !ill help in +udging the dealing behavior and financial status of the client. In most cases, this thing is not properly done and it is the ma+or reason of default of many clients. 3. The Bank should keep the proper che&ue on stock !hich is hypothecated. A te0tile o!ner may ret the loan on same $9,999 bales of cotton from checking system of the Bank. 1:. The Bank should try to give more loans to the small borro!ers as the past history sho!s that most of the loans given to the corporate borro!ers have converted into bad debts. 11. Ehen any one comes to operate the lockers, then the things !hich he keeps in locker should be checked through metal detector for security purposes. 12. All the Bank Branches should be getting online to provide the &uality and speedy services to the customers and also remain competitive in the market. 1.. The circle of AT) machines should e0tend in all the ma+or cities of Pakistan. 14. Eith the internship letter should also be re&uested to provide us the financial reports. Because !hen !e demanded the financial reports they said that this is confidential. And they are not allo!ed to provide these statements to any trainee.
86
1.: REFERENCES
?ames ;.Jan >orne, /999. 'inancial )anagement !!!.abl.com.pk !!!.askaribank.com.pk !!!.ubl.com.pk !!!.bankalfalah.com.pk !!!.bop.com.pk Audited 'inancial -eports of Allied Bank A/998, /997, /996, /995, /994B )r )una!ar >ussain. Branch manager, -egency pla.a branch, 'aisalabad. )r ) -i.!an, Operation )anager, -egency pla.a branch, 'aisalabad.
87
AnneF re1IA=
ORGANOGRAM
Board of :irectors
Audit ;ommittee
President
Internal Audit
88
;orporate * Investment Banking
;ommercial * -etail Banking
;onsumer Banking
Treasury
-isk )anagement
(pecial Asset )anagement
'inance
Operations
Information Technology
>uman -esources
;ompliance ;ontrol
and
;orporate Affairs
AnneF re1B
$99
AnneF re1C
Mana8e@en( 'Da)n "+ '"@@an;
$9$
Pre#);en(
Sen)"r V)'e Pre#);en(
V)'e Pre#);en(
EFe' ()*e V)'e Pre#);en(
Sen)"r EFe' ()*e V)'e Pre#);en( UrosodmemtPresident Re8)"nal General Mana8er )anager0ecutive Jice President Bran'D Mana8er
AnneF re1D http://vuproxy.blogspot.com/

$9/
http://vuproxy.blogspot.com/ Or8an"8ra@ "+ Hea; O++)'e
BOA-: O' :I-@;TO-
;ompany (ec.
President
Board Audit ;ommittee
Board >;ommittee
Board -isk )anagement ;ommittee
;@O (ecretariat
>ead of >-
>ead of Audit* -A-
Business )anager
>ead of ;ompliance * Internal ;ontrol
:;@O
>ead of -isk *;redit Policy ;hief 'inancial Officer >ead of Operations * IT
>ead of Treasury * @&uity ;apital market
>ead of ;orporate * Investment Banking
>ead of -etail Banking
>ead of ;ommercia l Banking
Agri">ead
>ead of (trategic :evelopme nt
(pecial Assets )anageme nt
>ead of Islamic Banking * )anagement
$92
N"(e:
@very organi.ation has its management system. The structure of >ead office of the Allied Bank ,td is controlled by a panel called board of directors. The board of director is also divided into three main head that is Board audit committee, Board >- committee and Board -isk management committee. It has the the President and :;@O, ;@O (ecretrait, Business manager and also control other head lik >-, ;ompliance * internal control, -isk, 'inancial officer and >ead of operations * IT. >eads of Treasury, ;orporate, -etail banking, ;ommercial banking, Agri banking, (trategic :evelopment, Assets management and Islamic banking report to :;@O, !hich is liable to report to President and this reports send to board of directors for further evaluation and decision making. All the investigations are moved to!ards Board of :irector.
$93
http://vuproxy.blogspot.com/ AnneF re1E

A--IED BAN0 -IMITEDB BRANCH HEIRARCHY
)A AC@-
OPERATIO N MANAGER
ADVANCES INCHARGE
ACCOUNT ANT $ DEPOSIT INCHARGE
ESTAB-ISH MENT INCHARGE
MAR0ETIN G INCHARGE
REMITENC ES
P-S SAVING A$C INCHARGE
CURRENT A$C INCHARGE
CASH INCHARGE
COMPUTE R IT INCHARGE
DESPATCH INCHARGE
GOVT TRANSACTIO N INCHARGE
$94
Anne0ure"'
A''" n(# L F)nan'e De!ar(@en(
Manager
A.M
-emitance incharge
;learing Incharge
Account Opening Officer
;urrent :eposit Incharge
Time :eposit Incharge
)anager ;ash :epartment
'oreign @0change Officer
-eceipt Officer
Payment Officer
Pri.e Bond dealing Officer
N"(e:
@very organi.ation has its management system. The structure of finance department is controlled by )anager. It has the Assistant manager and Asst manager has -emitance incharge, ;learing incharge, Account opening incharge, ;urrent deposit incharge, Time deposit incharge and )anager cash department.
A:JA ;@( I ;>A-C@ $95 A;;OU TA T% :@PO(IT I ;>AC-@ @(TAB
The Assistant manager report to manager. -emitance incharge, ;learing incharge, Account opening incharge, ;urrent deposit incharge, Time deposit incharge and )anager cash department reports to assistant manager, and 'oreign e0change officer, receipt officer, payment officer and pri.e bond dealing officer report to )anager cash dept. All the investigations are moved to!ards ;'O.
$96

1: Executive Summary

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http://vuproxy.blogspot.

2.1: OBJECTIVE OR PURPOSE OF INTERNSHIP

2.1.1: General P r!"#e $ O%&e'()*e

2.1.2: S!e')+)' P r!"#e $ O%&e'()*e

..1.1: THE PRE1INDIPENDENCE HISTORY 21342113456 http://vuproxy.blogspot.com/

Muslims could not be successful bankers.

..1.2: AUSTRA-ASIA BAN0 21345113546

..1..: A--IED BAN0 21354113316

..1.4: A--IED BAN01 A Ne7 Be8)nn)n8

..1.9: A--IED BAN0 2133112::46 http://vuproxy.blogspot.com/

..1.>: A--IED BAN0 22::9 (" ;a(e6

..1.5: THE ESOP REVO-UTION

..1.?: EMP-OYEES STOC0 O/NERSHIP P-AN 2ESOP6

Da(a S" r'e

..2: NATURE OF THE ORGANI,ATION

http://vuproxy.blogspot.com/ ...: MAIN OBJECTIVE

..4: BUSINESS VO-UME

..9: NUMBER OF EMP-OYEES

NAMES AND DESIGNATIONS OF OFFICERS

Da(a S" r'e

..>.1: PHONE BAN0ING

..>.2: BRANCH BAN0ING

..>..: CREDIT CARDS ..>...1: All)e; V)#a Cre;)( Car;

..>...2: All)e; V)#a G"l; Cre;)( Car;

B A N"7B PaA -a(er:

Ca#D A;*an'e Fa')l)(A:

All)e; Ea#A In#(all@en(# 2AEI6:

Balan'e Tran#+er Fa')l)(A:

..>....: V)#a Pla()n @ Cre;)( Car;

..>...4: All)e; Ca#D GSD"! V)#a De%)( Car;

..>.4: ON-INE BAN0ING

..>.9: A--IED ATM NET/OR0S

..>.>: CORPORATE -EASING

..>.5: DEPOSIT ACCOUNTS

..>.5.1: P-S A''" n(

..>.5.2: C rren( A''" n(

..>.5..: All)e; Ba#)' Ban<)n8 A''" n(

..>.?: MONTH-Y PROFIT P-US

..>.3: RE/ARDING TERM DEPOSIT

..>.1:: A--IED ADVANCE PROFIT SCHEME

..>.11: BEHTAR MUNAFA ACCOUNT

..>.12: A--IED MUNAFA ACCOUNT 2AMA6

..>.1.: A--IED BUSINESS ACCOUNT

..5.1: EXPORT REFINANCE FACI-ITY

a6 F"re)8n B)ll P r'Da#e$B)ll D)#'" n()n8 Fa')l)(A:

%6 -e((er "+ Cre;)( 2S)8D( $U#an'e6:

..5.2: DEMAND FINANCE FACI-ITY

..5..: IMPORT EXPORT

..5.4: CASH $ -IKUID FINANCING

..5.9: VENDOR FINANCING

..5.>: AGRICU-TURE FINANCE

1. ,ivestock 2. Poultry .. 'isheries 4. 'orestry

..5.?: -OC0ERS http://vuproxy.blogspot.com/

..5.3: HAJJ SERVICES

..5.1:: HOME REMITTANCES

4.1: STRUCTURE OF ORGANI,ATION

The organogram of the organi.ation is attached as QAnneF re1AR on page 86.

http://vuproxy.blogspot.com/ 4.1.1: ORGANI,ATIONA- CHART

4.1.2: MANAGEMENT CHAIN OF COMMAND

4.2: ORGANI,ATION STRUCTURE OF HEAD OFFICE

4..: ORGANI,ATION STRUCTURE OF THE BRANCH

4.4: REVIE/ OF VARIOUS DEPARTMENTS

4.4.1: AUDIT L INSPECTION GROUP