Current Deposits:

BOP Tijarat Account

This is a chequing account deposit product especially designed to cater the needs of business
Individuals as well as Business entities including Partnerships, Limited / Unlimited Companies, Not
for Profit organizations, Trusts and any other business oriented government / Semi government
entity.

his is a Non profit bearing account with many value added features on maintaining monthly average
balance of Rs.25,000/- and over.

Free online, IBFT Facility.

ATM/Over the Counter Cash Withdrawal Insurance upto Rs.25,000/- per day (terms, conditions &
exclusions of insurance company will apply).

Business Assets Insurance upto Rs.1 million (terms, conditions & exclusions of insurance company
will apply).

Free ATM/Debit Card ( Issuance is free and for subsequent years, if the annual average balance is Rs.
25,000/- then NIL charges , otherwise as per SOC )

Free issuance of Cheque Books (no limit).

Free Locker facility ( small & medium) subject to availability & on maintaining annual average balance
of Rs. 1,000,000/- and above. However, Key Deposit to be taken irrespective of maintaining annual
average balance of Rs. 1,000,000/- and above.

Rs.5/- Flat for issuance of MT/TT.

Free issuance of DD/PO/CDR.

Free Collection of OBC upto thrice of last months average balance.

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

BOP Salary Plus Account

This is a current chequing account product which can be opened by any salaried individual who is
working for an organization that is maintaining its salary disbursement account with BOP.
The main focus is on employees of govt/semi govt organizations, their allied corporations,
autonomous bodies and private sector entities

This is a Non profit bearing account

Free Issuance of 1st ATM/Master Debit Card

Free Online Transfer Facility (upto 3 Gross Salaries in a Month)

Free Collection of Outstation Cheques (upto 3 Gross Salaries in a Month)

Free Life Insurance of Rs.500,000/- on maintaining Minimum Monthly Balance of Rs.50,000/- (terms,
conditions & exclusions of insurance company will apply)

Consumer Loan Facility on Attractive Terms.

Option to avail salary loan (terms and conditions apply)

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

BOP FCY Supreme Current Account

This is a foreign currency current account product available for all customers who are eligible to open
a FCY current account as per Banks criteria. There are certain value added attractions on maintaining
minimum balance of USD 10,000 or EURO 8,000 or GBP 7,000.

Free ATM/Debit Card for PKR A/C (issuance and subsequent renewals).

Free issuance of one Cheque Book per month.

Free Locker Facility (small and medium) with same title, subject to availability and after maintaining
average balance for six months.

Free OBC Facility (in PKR CD Account, with same title).

Free issuance of DD/PO/MT/TT/CDR in PKR (Rs.5/- flat per transaction).

Free online facility from PKR account (Rs.5/- flat per transaction).

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.
BOP ASAAN Current Account
Opening of a bank account is not an easy task nowadays. A long list of formalities is required to open
a bank account. The Bank of Punjab is now introducing a simplified account "BOP Asaan Current
Account". This is a current chequing account for low risk common people/individuals who face
difficulties in account opening due to strict requirements/formalities. These segments of society may
include but are not limited to self employed, pensioners, students, farmers, women/housewives,
young adult population, work force etc.

This is a non profit bearing account with value added features.

Account can be opened with s low as Rs.100/- initial amount.

Account can be opened as individual, joint or minor type.

Account can be opened with minimum formalities and on one pager account opening form.

There is no minimum balance requirement.

There are no Service Charges.

The account will preferably be ATM/Debit Card based. However; cheque book may be issued as per
choice of the customer.

Master Debit Card at subsidized rate of Rs.250 per annum for both issuance and renewals.

1st cheque book of 25 leaves is Free.

Online within city/ Intercity (Cash and Transfer Both) as per SOC which are at present NIL.

SMS Alert service is available at subsidized rate of Rs.400/- (plus taxes) per annum.

Per Month Total Debit Limit is Rs.500,000/-

Total Credit Balance limit is Rs.500,000/-

Account can be converted into normal current account after completion of remaining formalities if
later on, accountholder requires financial services for higher amounts than the above specified
limits.

Existing Basic Banking Accounts (BBA) can be converted into BOP Asaan Current Account as per
terms & conditions.

Free e-banking facility to view account balance and statement of account is available.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

BOP Current Direct Pension Credit Account

This account is being opened in light with Supreme Courts SUO MOTO notice ( in year 2007)
regarding problems being faced by the pensioners and its subsequent order that pension may be
disbursed through all branches of all the licensed banks in Pakistan.

CDP is a chequing account which can be opened by any individual/single pensioner. The type of
account is CDP Current Direct Pension Credit Account. Purpose of account opening will be
specifically mentioned on the AOF as Direct Credit of Pension only.

Copy of Pension Book mentioning monthly amount of pension and other particulars will also be
required alongwith other documents as required in case of individual accounts.

Pensioner & Co-indemnifier will indemnifying the bank (on stamp paper) to the extent of six months
aggregate pension amount or authorize the bank to mark lien on his/her account upto this amount
either by depositing cash or by no withdrawal of monthly pension upto six consecutive months.

No fee or service charges for maintaining such account will be charged.

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

Saving

PLS Saving Bank Account

This is a profit bearing chequing account product.

The deposit product is available for all types of general public, govt/semi govt organizations,
companies, business entities etc who are eligible to open account as per banks criteria.

The Account can be opened with an initial/minimum deposit as stipulated by the Bank from time to
time unless specifically exempted.

Calculation of profit is on monthly average balance method.

Payment of profit is on half yearly basis.

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

Corporate Premier Account

This is a profit bearing chequing account product.

Especially designed for Corporate Clients.

Calculation of profit is on monthly average basis.

Payment of profit is on monthly basis.

Priority banking and counter services.

Free e-banking facility to view account balance and statement of account is available.

SMS Alert facility is available subject to payment of annual charges as per banks schedule of charges.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.

BOP ASAAN Saving Account

Ths is a profit bearing account (normal PLS Saving Bank profit rate as declared from time to time)
with value added features.

Account can be opened with s low as Rs.100/- initial amount.

Account can be opened as individual, joint or minor type.

Account can be opened with minimum formalities and on one pager account opening form.

There is no minimum balance requirement.

There are no Service Charges.

The account will preferably be ATM/Debit Card based. However; cheque book may be issued as per
choice of the customer.

Master Debit Card is subsidized at Rs.250/- (plus taxes) per annum for both issuance and renewals.

Online facility (within city/ Intercity) available as per SOC.

Per Month Total Debit Limit is Rs.500,000/-

Total Credit Balance limit is Rs.500,000/-

Account can be converted into normal saving account after completion of remaining formalities if
later on, accountholder requires financial services for higher amounts than the above specified
limits.

Free e-banking facility to view account balance and statement of account is available.

Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self
service IVR system is available.
Fixed:

BOP Pahlay Munafa Deposit Scheme

This is a Fixed Deposit scheme.

Minimum amount of investment is Rs.50,000/-

No limit for maximum amount.

Product is available in flexible placement periods of 3, 6, 12, 15 and 18 months.

Profit is being paid in advance at the time of placement of deposit.

Best profit rates being offered in the market.

Free Issuance of ATM/Debit Card.

Can avail finance as per banks policy in vogue.

Corporate Premier Term Account

This is a PLS Saving Bank deposit product especially designed to cater the needs of business entities.
Term Account can be opened singly or jointly.

This is a profit bearing fixed deposit product

Especially designed for Corporate Clients

Minimum amount of investment is Rs.500 (M)

No limit for maximum amount

Flexible placement periods of 1 month, 3 months, 6 months, 1 year, 5 years and above

Payment of profit is at Maturity alongwith principal

Priority banking and counter services

Can avail finance as per banks policy in vogue

BOP Bai Misaal Term Deposit

This is a PLS Saving Bank deposit product available for general customers who are eligible to invest as
per banks criteria. The term account can be opened singly or jointly.
This is a Fixed Deposit scheme

Minimum amount of investment is Rs.100,000/-

No limit for maximum amount

Product is available in 1 and 2 years tenure

Best profit rates being offered in the market

Payment of profit is at Maturity alongwith principal

Upto 90% Financing Facility as per banks policy in vogue

Retail Financing:

Auto Financing (CarGar)

BOP Cargar (Auto Financing) is assisting the small and large businessmen, salaried individuals in
fulfilling their desire of having a car of their own, by helping them to purchase local/ imported new
or used vehicles at a very minimum documentation and flexible financing options with low down
payment.

Salaried Individuals (SI)

Self Employed Professionals (SEP)

Self Employed Businessmen (SEB)

1 Year

5 Years Consumer

Rs. 100 K

Rs. 7500 K

How much LKM is to be deposited?

A: For Local Vehicles 20%

For Imported Vehicles 30%

House Financing:

Your home is the center of your world, a place where you find peace and comfort. BOP understands
1.your desire to make your house truly your home. BOP House Financing ensures this happens.

Purchase of Plot
2. Purchase of Constructed House

3. Renovation Purposes

4. Purchase of Plot and Construction, thereon

Minimum: 3 Years

Maximum: 20 Years

Salaried Individuals (SI)

2. Self Employed Professionals (SEP)

3. Self Employed Businessmen (SEB)

4. Non-Resident of Pakistan (NRPs)

Renovation Purposes

Minimum: 1 year

Maximum: 10 years

Salaried Individuals: 1 Year KIBOR + 3.5% per anum

SEB/ SEP/ NRPs: 1 Year KIBOR + 4.5% per anum

Purchase of Constructed House/ Apartment and Purchase of Plot & Construction thereon

Minimum: Rs. 500 K

Maximum: Rs. 50 M

Debt to Equity Ratio: > 80% of FSV

Construction of House (Self-owned)

Minimum: Rs. 500 K

Maximum: Rs. 25 M

Debt to Equity Ratio: > 80% of FSV

Renovation Purposes

Minimum: Rs. 500 K

Maximum: Rs. 5 M

Debt to Equity Ratio: > 30% of FSV

Advance Salary Loan
A need based unsecured term loan that can help you meet your immediate financial needs, through
cash pay back vide equal monthly installments.

1 to 3 year

Minimum salary 14000

Wholesale Banking
The Bank of Punjab has recently created a new segment of Wholesale Banking (WB) targeted at
providing seamless banking services to its Commercial and Corporate clients by sharing maximum
value with its relationships and to ensure improved services under one roof. In order to take the bank
one step further, 10 branches have been dedicated for this Division. The Corporate & Investment
Banking Group and Commercial Banking Group have been replaced by two new units namely,
Wholesale Banking-I (Karachi, Sialkot, Multan, Gujranwala, Faisalabad & Jhang) and Wholesale
Banking-II (Lahore, Rawalpindi, Islamabad,). The proposed change is expected to bolster relationships
with our valued customers.

Services being offered through these 10 branches include origination & sales of banking products
that meet the expectations of its ever growing client base. Dedicated teams of Relationship
Managers ensure the delivery of our entire range of financial products and services to our clients and
provide tailored financial solutions to the customers with respect to their business needs.

Apart from regular branch banking offered at these 10 branches, the following products are also
being offered:

Project Finance

Debt Syndications and Consortium Financing

Corporate Finance

Long Term/Demand Finance

Working Capital Finance

Letter of Credit, Contracts and Export collection services

FE Loans, Pre and Post Shipment Export Financing

Import Financing

Bills Discounting

Letter of Guarantees

Cash Management Services and etc.

Introduction And History:

The Bank of Punjab (BOP) head quartered in BOP tower, Main Boulevard , Gulberg, Lahore is one of
the prominent financial institution of the country with PACRA Ratings: AA Long Term and A1 Short
Term.

Vision

To be customer focused bank with service excellence.

Mission

To exceed the expectation of our stakeholders by leveraging our relationship with the Government of
Punjab and delivering a complete range of professional solutions with a focus on programme driven
products and services in the agriculture and middle tier markets through a motivated team.

Core Values

These are the values we celebrate:

Our Customers:

As our first priority

Profitablility:

For the prosperity of our stakeholders that allows us to constantly invest, improve and succeed

Corporate Social Responsibility:

To enrich the Lives of community where we operate

Recognition and Reward:

For the talented and high performing employees

Excellence:

In every thing we do

Integrity:

In all our dealings

Respect:

For our customers and each other

Management:

Mr. Naeem Ud Din Khan

President & CEO

Mr. Khalid Siddiq Tirmizey

Deputy CEO

Mr. Nadeem Amir

Chief Financial Officer

Mr. Shahid Waqar Mahmood

Group Head, Special Asset Management & Legal Group

Mr. Taimur Afzal

Group Head, Retail Finance

Mr. Ahmad Shah Durrani

Group Head, Retail Banking, SME & Payment Services

Mr. Moghis Rafiuddin Bokhar

Group Head, Human Resources

Mr. Mustafa Hamdani

Group Head, Investment Banking & Wholesale Banking (South)

Mr. Wasim Majid Malik

Head Legal

Mr. Khawar Shahid Ansari

Group Head Treasury & Financial Institutions

Mr. Asadullah Khan

Head Audit & RAR

Mr. Ijaz Ur Rehman Qureshi

Group Head, Operations

Board of Directors
Name Designation

Dr. Pervez Tahir Chairman

Mr. Naeemuddin Khan President & CEO

Mr. Mohammad Jehanzeb Khan Director

Mr. Hamed Yaqoob Sheikh Director

Dr. Umar Saif Director

Syed Maratib Ali Director

Dr. Muhammad Amjad Saqib Director

Mr. Mohammed Afzaal Bhatti Director

Khawaja Farooq Saeed Director

Mr. Saeed Anwar Director

Mr. Omar Saeed Director

Secretary to the
Mr. Raza Saeed
Board
The bank was established in 1989, pursuant to The Bank of Punjab Act 1989, and was given the
status of a retail bank in 1994

The Bank of Punjab was founded by Tajammal Hussain and it functions as a scheduled commercial
bank, with a network of 450 branches in major business centres throughout the country. It is the
seventh largest commercial bank of the Country. It provides a wide range of banking services
including deposit in local currency; client deposit in foreign currency; remittances; and advances to
business, trade, industry and agriculture. First Punjab Modaraba (FPM), a wholly owned subsidiary of
the bank, was established in 1992, and is being managed by Punjab Modaraba Services (Pvt) Ltd.

CREDIT
rating
Entity Ratings by PACRA
Long Term: AA
Short Term: A1+
Rating Definition
Long Term Rating
AA: Very High Credit Quality. AA Ratings
denote a very low expectation of credit risk.
They indicate very strong capacity for timely
payment of financial commitments. This
capacity is not significantly vulnerable for
foreseeable events.
Short Term Rating
A1+: Obligations supported by the highest
capacity for timely repayment.
 Financial analysis:

Horizontal analysis:

Profit an Loss Account

Particulars 2016 2015 Increase/ Percentage

(Million (Million Decrease of change
Rs.) Rs.) (Milion Rs.)
Mark-Up/Interest earned 29,674, 31,266 (1,592) -5.09%
Mark-Up/Interest expensed 17,430 20,199 (2,769) -13.71%
Net Mark-Up/Interest income 12,244 11,067 1,177 10.64%
Provision against NPLs 922 3,431 (2,509) -73.13%
Provision for diminution in the 103 65 38 58.46%
value of investments
Net mark-up / interest income 11,219 7,571 3,648 48.18%
after provisions
Non Mark-up/Interest income 5,294 7,624 (2,330) -30.56%
Administrative expenses 8,346 7,390 956 12.94%
Non-Mark-up/Interest expenses 8,464 7,666 798 10.41%
Profit Before taxation 8,050 7,529 521 6.92%
Profit After taxation 4,858 4,748 110 2.32%

Remarks:
Balance Sheet:

Assets 2016 2015 Increase/ Percentage

(Million (Million Decrease of change
Rs.) Rs.) (Milion Rs.)
Cash and balances with treasury 35,756 26,190 9,566 36.53%
banks
Balances with other banks 3,766 4,512 (746) -16.53%
Lendings to financial institutions 11,562 6,113 5,449 89.09%
Investments - net 199,742 176,043 23,699 13.46%
Advances - net 262,068 219,399 42,669 19.45%
Operating fixed assets 7,693 6,484 1,209 18.65%
Deferred tax assets - net 6,480 7,906 (1,426) -18.04%
Other assets - net 18,147 25,636 (7,489) -29.21%
Total Assets 545,214 472,284 72,930 15.44%
Liabilities 2016 2015 Increase/ Percentage
(Million (Million Decrease of change
Rs.) Rs.) (Milion Rs.)
Bills payable 4,183 1,887 2,296 121.67%
Borrowings 39,829 55,236 (15,407) -27.89%
Deposits and other accounts 453,220 374,961 78,259 20.87%
Sub-ordinated loans 4,500 2,000 2,500 125%
Other liabilities 15,627 15,520 107 0.69%
Total Liabilities 517,360 449,605 67,755 15.07%

Equity 2016 2015 Increase/ Percentage

(Million (Million Decrease of change
Rs.) Rs.) (Milion Rs.)
Share capital 15,551 15,551 0 0%
Discount on issue of shares (263) (263) 0 0%
Reserves 1,300 2,329 (1,029) -44.18%
Share deposit money 7,000 7,000 0 0%
Unappropriated profit / 659 (5,220) 5,879 112.62%
(accumulated losses)
Surplus on revaluation of assets 3,607 3,282 325 9.90%
Total Equity 27,854 22,678 5,176 22.82%

Remarks: