DOCSLIB.ORG

View November Edition 2015 This Edition's Theme Is Based on the Evolution of Our Banking Industry

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
View November Edition 2015 This Edition's Theme Is Based on the Evolution of Our Banking Industry 2015 NOVEMBER 2015 The Art of The Art of Evolution Evolution Fulfilling Promises Soneri Mehnat Wasool 06 in the year 2015 Soneri Roshni, Published by Marketing Department, COK, Karachi. Email us your feedback/comments at: [email protected] Turning Miles into Smiles 19 Soneri Car Finance Launch Sonerians Celebrate 26 Independence Day Enabling The Future: 24/7 Phone Banking: 021-111-SONERI (766374) Soneri Graduate Over 240 branches & 262 ATMs www.soneribank.com 37 SoneriBankPK @SoneriBank_Pk Training Program 03 Editor’s Note 04 Sub-Editor’s Note 05 A Numbers Game 06 Fulfilling Promises - Soneri Mehnat Wasool in the year 2015 18 New Branch Brightens Soneri’s Presence in Lahore 19 Turning Miles into Smiles - Soneri Car Finance Launch 21 In Focus: Soneri Car Finance 22 Flying Colors - Deposit Mobilization 2015 Campaign Results 24 Contingency – Soneri Bank’s Business Continuity Plan (BCP) 26 Sonerians Celebrate Independence Day 34 Risk Minds Asia 2015 35 Credit Administration Department - The Milestone 37 Enabling The Future: Soneri Graduate Training Program 38 Iftar in the Name of Mustaqeem 39 Revolutionizing Banking through Technology 40 The Soneri Sportsmanship 41 Latest in Technology 43 Celebrating Summers: Mango Fiesta 2015 44 PTCL & Soneri Bank IT Department Signing Ceremony 45 Soneri Meets C-Square 46 Lighting the Path to Mobile Banking 47 The 2nd Term Finance Certificates Listed at Karachi Stock Exchange 48 Keeping Up with the Soneri High Moral Standards Code 49 Setting a Footprint in Golf 50 Enlightening Lives with Easy Banking 55 A Helping Hand for the Youth - Prime Minister’s Youth Business Loan Scheme 56 Soneri Winnings at Jeeto Pakistan 57 Digital Matters Editor’s Note Dear Sonerians, The year of 2015 has almost come to a close, with the announcement of our third quarter profit results of Rs.2,622.22 million before tax and profit after tax of Rs.1,589.87 million for the nine months period ended 30 September 2015. As we have reached our last Soneri Roshni edition for the year, I am proud to reckon 2015 as another successful year for Soneri Bank. Our non-clichéd and unconventional approach grows stronger and continues to propel the bank’s brand image across all marketing spectrums. Our employees grow in their dedication and commitment which is evident in the internal productivity campaigns. Our business is on a continuing growth curve with a significant progress in the Car Finance portfolio. Soneri Car Finance has shown a 51% growth from December 2014 till August 2015 taking into account the tremendous 2nd Quarter performance that peaked at Rs.364.45 million in sales. The impact of our recent supportive Campaign launch of Car finance in September is yet to reap results as it’s the first time we are creating our market awareness in consumer finance. Marketing campaigns continue to be effective and on strategy raising Soneri Bank’s brand image which has resulted in invaluable customer engagement and top-of-the-mind brand recall. Soneri Mehnat Wasool launched Remittance 360 ATL campaigns consistently in the year capitalizing on Ramadan, Eid-ul-Fitr and Eid-ul-Adha. Soneri Mehnat Wasool maintained a healthy business performance increase in monthly transactions with an incremental 30% growth from 2014 till today. The launch of Soneri Asaan Account reinforced our brand positioning of Roshan Har Qadam & clutter-breaking communication targeting our untapped market. This edition also covers the festivities of Independence Day that was carried out across the Soneri network whole heartedly. Soneri Bank congratulates and appreciates all the Sonerians who competed and celebrated with zeal and enthusiasm – reiterating the bank’s spirit and commitment to the nation’s unity and prosperity. Technological advancements continue to take place; collaborations with several top-of-the-line technological organizations have taken place this year to plummet the bank’s technological capacities. Organizations such as Inov8 and C-Square Consulting have been brought on board to upgrade mobile banking and centralized service systems. Soneri Bank has also 02 partnered with PTCL for embarking upon hosting the IT Data Centre Infrastructure for enhanced security and sustainability. Our management division has also carried out proactive measures pertaining to risk - curtailing setbacks at the face of contingencies that effect data, infrastructure and technology areas. Our digital pathway is consistently capturing the youth audience on all social media platforms to build our brand equity as a future banking customer. We are proud to announce that we trended on 2nd rank for hashtag# sonehrapakistan and have now strategized to sustain our presence on ground activities for further engagement. As per our department’s strategy we have carved a separate unit to sustain our digital presence and have also introduced Corporate Communications, keeping 03 the staff informed of all our ongoing activities from campaigns to public relation activities. Soneri Roshni November 2015 Our aim is the pursuit of excellence, setting new benchmarks and staying true to our distinguished approach towards business communication. Roshan Har Qadam Best regards, Fariya Zaeem Soneri Roshni November 2015 Head of Marketing A Numbers Game Soneri Bank announces Third Quarter 2015 Results Shazia Lalani Marketing Manager Anwar Hussain Soneri Bank Limited posted profit before tax of Rs.2,622.22 Rs.18.07 billion as at 30 September 2015, being 6.04 Marketing Services Manager million and profit after tax of Rs.1,589.87 million for the nine percent higher than December 2014 base of Rs.17.04 months period ended 30 September 2015. In terms of billion. Deposits grew by 7.88 percent during the nine Sub-Editor’s growth PBT is up 49.86 percent and PAT by 41.92 percent months closing at Rs.176.11 billion (December 2014: over corresponding period last year. The Board in its 146th Rs.163.25 billion) and net advances down by 5.27 percent Note meeting held on 20 October 2015, approved the Bank’s to Rs.100.49 billion (December 2014: Rs.106.08 billion) due third quarter financial statements. On this occasion the to seasonal factors. The Bank continues to follow a prudent Dear Readers, Chairman, Mr. Alauddin Feerasta appreciated the Bank’s policy for making provisions for the infected loan portfolio in continued strong performance during the third quarter and line with regulatory requirements. 2015 has been a year of product marketing, Soneri Mehnat expressed satisfaction with results. Wasool, Soneri Car Finance and Soneri Asaan Account have Soneri Bank has a unique market position in trade-finance all been rewardingly launched across the country, The key drivers of higher net earnings were primarily and transactions banking services and boasts a loyal and contributing to a stronger brand equity and top-of-the-mind Abid Saleem revenue growth and managed expenses. Bank’s revenue satisfied client-base in all its 249 branches all over the brand recall. In this edition I have received good response Digital Marketing Officer increased by 22.86 percent to Rs.8.06 billion, from last country. The Bank is committed to meet the increasing from the overall bank staff in contributing articles for the year’s figure of Rs.6.56 billion whereas expenses increased expectations of its customers and continue to provide them newsletter. I would like to thank the IT Department, Risk just by 6.48 percent. Bank’s net assets amounted to par-excellence services, for which the Bank has been Management Division, Car Finance, Remittances and the The Team investing prudently in information technology, human HR department for their contribution. Furthermore, the Behind Soneri Roshni resources, marketing and infrastructure. response we have witnessed on the Independence Day was heartening. Everyone celebrated with great enthusiasm, Marketing Team - Soneri Bank 05 specifically the staff efforts in making Pakistan’s flags and Editor: Fariya Zaeem (Head of Marketing) decorating their departments have depicted the patriotism Sub Editor: Shazia Lalani (Marketing Manager) we share as one nation. We also launched a contest on 14th Printing: Anwar Hussain (Marketing Services Manager) August on social platforms named #SonehraPakistan which Abid Saleem (Digital Marketing Officer) generated a high frequency of fan engagement. Creative Team - Adcom 04 Executive Creative Director: Awais Iqbal Dhakan We Sonerians are the brand custodians of SBL and only our Creative Director: Mahrukh Shaikh combined efforts can leverage the brand for the benefit of Creative Manager: Saleha Mir our customers and ourselves. I would like to thank Associate Creative Manager: Bilal Alvi Content Manager: Suhaib A. Serai everyone’s contribution and anticipate a better response in Art Director: Fasahat Ali Khan Soneri 2015 Roshni November the next edition, the very first edition for the year 2016. Visualization & Design: Muhammad Rizwan Client Service Director: Faraz Akhtar Laghari Shazia Lalani Marketing Manager Soneri 2015 Roshni November Design Talks Soneri Roshni November Edition 2015 This edition’s theme is based on the evolution of our banking industry, which is the result of our progression in overall banking systems through constant innovations within product and service portfolios. We exhibit this progression with linear art as our design tool. A dynamic layout exudes a sense of transcendence with banking related icons and directional arrows that represent growth and future aspirations. Behind the Scene Moments Behind the Scene Moments Behind the Scene Moments on the sets during the Soneri Remittance TVC Shoot. on the sets during the Soneri Remittance TVC Shoot. on the sets during the Soneri Remittance TVC Shoot. Fulfilling Promises Soneri Mehnat Wasool Spreading the Joy in in the year 2015 Eid-ul-Fitr Soneri Bank has been making a positive and significant The Mehnat Wasool Eid-ul-Fitr campaign beautifully contribution to the Home Remittance business segment captured the spirit of the transition from Ramadan to Eid since its initiation in 2012.
Load more

Recommended publications
  • Annual Report 2011
    SoneriBank Soneri B8nk Limited Regla11ered ortlce: Rupall House 241-242, - Upper Mall Scheme, Anand Road, Lahore - 54000, Pakistan Tel: (042) 35713101-04 Head Otnc:e: 90·8-C/11, Uberty Market, Gulberg Ill, LahcnJ • 54000, Pakistan Tal: (042) 35772362-65 Central Office: 51h FlOOr, AJ.Rahim Tower, 1.1. Chundrigar Road, Karachi ·74000, Pakistan J Tal: (021) 32439562-67 Webde: www.aonertbank.com 2417 Call C.ntre: 0800-00500 UAN: 111-80NERI Soneri Bank Limited nnnUHL REPORT 2U II An experience Beyond Banking Soneri Bank Limited R~~URl ~frO~T 2011 OUR MISSION To develop Soneri Bank into an aggressive and dynamic financial institution having the capabilities to provide personalized service to customers with cutting edge technology and a wide range of products, and during the process ensure maximum return on assets with the ultimate goal of serving the economy and the society. Soneri Bank Limited R~~URl ~frO~T 2011 Products and Services 07 Corporate Information 13 Board Committees 14 Management Committees 15 Key Performance Indicators 17 Six Years' Financial Summary 18 Six Years' Growth Summary 20 Six Years' Vertical Analysis 22 Six Years' Horizontal Analysis 24 Directors' Report to Shareholders 27 Statement of Value Addition 33 Statement of Internal Controls- by President 34 Statement of Internal Controls- by Chairman 35 Statement of Compliance with Best Practices of Code of Corporate Governance 36 Auditors' Review Report to The Members on Statement of Compliance with Best Practices of Code of Corporate Governance 38 Auditors' Report to The Members 39 Statement of Financial Position 40 Profit and Loss Account 41 Statement of Comprehensive Income 42 Cash Flow Statement 43 Statement of Changes in Equity 44 Notes to the Financial Statements 45 Shariah Advisor's Report 99 Notice of Annual General Meeting 101 Pattern of Shareholding 103 List of Branches 106 List of Foreign Correspondents 110 Soneri Bank Limited nnn ~Al ~Ero~r 2011 nnn~nl ~Ero~r 2011 As of 31 December 2011 Soneri Bank Limited was incorporated on September 28, 1991.
    [Show full text]
  • Bank-IRC-Activity.Pdf
    DOMESTIC MARKETS MONETARY MANAGEMENT DEPARTMENT STATE BANK OF PAKISTAN Quarterly Bank-wise Access to SBP IRC Facilities FY 2015-16 Q1-FY16 Q2-FY16 Q3-FY16 Q4-FY16 No. Name of Institutions Visits to SBP IRC Facilities Visits to SBP IRC Facilities Visits to SBP IRC Facilities Visits to SBP IRC Facilities 1 National Bank of Pakistan 7 6 - - 2 MCB Bank 6 3 - - 3 Bank of Punjab 7 1 - - 4 Faysal Bank 3 5 - - 5 United Bank Limited 3 4 - - 6 Askari Commercial Bank 4 2 - - 7 Pak China Investment 4 2 - - 8 Bank Al-Falah 3 2 - - 9 Summit Bank 3 2 - - 10 Pak Libya Holding Co 3 2 - - 11 Pak Brunei Investment 3 2 - - 12 Allied Bank Limited 2 3 - - 13 Bank of Khyber 3 1 - - 14 Silk Bank 3 1 - - 15 JS BANK 1 3 - - 16 Sindh Bank 3 0 - - 17 Citibank 2 1 - - 18 Soneri Bank 2 1 - - 19 Standard Chartered 1 2 - - 20 Bank Al-Habib 2 0 - - 21 Habib Metropolitan Bank 2 0 - - 22 Bank of Tokyo 1 0 - - 23 ICBC 1 0 - - 24 NIB Bank 1 0 - - 25 Pak Oman Investment Co 1 0 - - 26 Saudi Pak Investment 1 0 - - 27 First Women Bank 0 1 28 Habib Bank Limited 0 1 29 Samba Bank 0 1 Cumulative Visits to SBP IRC Facilities 72 46 - - Page 1 of 3 DOMESTIC MARKETS MONETARY MANAGEMENT DEPARTMENT STATE BANK OF PAKISTAN Bank-wise Access to Overnight Repo/Reverse Repo Facilities During Q2- FY 2015-16 Reverse Repo Facility Repo Facility Totat Number of Visits No.
    [Show full text]
  • Branch Updated List-1.Pdf
    New Date of Branch Branch Name Address Province District Category Region Licence No. & Date Opening Codes BRL-20115 dt: 19.02.2013 0001 MAIN BR. LAHORE-0001 87, Shahrah-e-Quaid-e-Azam, Lahore Punjab Lahore Urban Areas Central 23.02.1992 (Duplicate) Plot No: SR-2/11/2/1, Office No: 105-108, Al-Rahim BRL-20114 dt: 19.02.2013 0002 MAIN BR. KARACHI-0002 Sindh Karachi Urban Areas South 23.02.1992 Tower, I.I. Chundrigar Road, Karachi (Duplicate) Property No: CA/457/3/2/87, Saddar Road, BRL-20116 dt: 19.02.2013 0003 MAIN BRANCH PESHAWAR KPK Peshawar Urban Areas North 19.04.1992 Peshawar Cantt., (Duplicate) Ground Floor, Al-Shams Hotel, M.A. Jinnah Road, BRL-20117 dt: 19.02.2013 0004 MAIN BR. QUETTA-0004 Balochistan Quetta Urban Areas South 21.04.1992 Quetta. (Duplicate) Plot No: 35/A, Munshi Sher Plaza, Allama Iqbal BRL-17606 dt: 03.03.2009 0005 MAIN BRANCH MIRPUR AJK Mirpur Urban Areas North 25.02.1992 Road, New Mirpur Town, Mirpur (AK) (Duplicate) Shop No: 6, 7 & 8, Plot No: 475, Dr. Ziauddin Road, 0006 MAIN BRANCH, HYDERABAD.-0006 Sindh Hyderabad Urban Areas South BRL-13188 dt: 04.04.1993 20.06.1993 Hyderabad Khewat & Khatooni: 78 Khasra No: 393 near Din 0007 MAIN GUJ-0007 Punjab Gujranwala Urban Areas Central BRL-13192 dt: 14.07.1993 22.08.1993 Plaza G. T. Road Gujranwala 0008 MAIN FSD-0008 Chiniot Bazar, Faisalabad Punjab Faisalabad Urban Areas Central BRL-13196 dt: 30.09.1993 25.11.1993 BIV-IS-II-RH-Shop, Shahabpura Road, Small 0009 SIE BR.
    [Show full text]
  • July 26, 2019
    Valuation of Debt Securities by MUFAP as per SECP Circular 33 of 2012 dated Oct 24, 2012 Rates of Debt Securities as of July 26, 2019 VALUATION OF RATED INVESTMENT GRADE DEBT SECURITIES Traded / Non- S.No. Code Name of TFCs / Sukuks Prices Traded GOVERNMENT GUARANTEED / AAA 1 BPPL/SUK/180117 BYCO PETROLEUM PAKISTAN LTD. - SUKUK (18-01-17) Traded 98.3750 2 HBL/TFC/190216 HABIB BANK LTD. - TFC (19-02-16) **** Non-Traded 98.4225 3 MCB/TFC/190614 MCB BANK LTD. - TFC (19-06-14) (Formerly: NIB BANK LTD) **** Non-Traded 100.0174 4 NJHCL/SUK/290616 NEELUM JHELUM HYDROPOWER COMPANY (PVT) LTD. - SUKUK (29-06-16) **** Non-Traded 102.3975 5 WAPDA/SUK/141013 WAPDA - SUKUK (14-10-13) **** Non-Traded 104.3943 6 WAPDA/TFC/270913 WAPDA - TFC (27-09-13) **** Non-Traded 99.3750 RATED AA+ 7 JSCL/TFC/240616 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (24-06-16) **** Non-Traded 100.0000 8 JSCL/TFC/180717 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (18-07-17) **** Non-Traded 99.7000 9 JSCL/TFC/060318 JAHANGIR SIDDIQUI & COMPANY LTD. - TFC (06-03-18) **** Non-Traded 99.3500 10 KEL/SUK/170615 K-ELECTRIC LTD. - SUKUK (17-06-15) Traded 100.9390 RATED AA 11 BAFL/TFC/200213 BANK ALFALAH LTD. - TFC (20-02-13) **** Non-Traded 100.0000 12 BAHL/TFC/170316 BANK AL-HABIB LTD. - TFC (17-03-16) **** Non-Traded 99.0000 13 BAHL/TFC/061218 BANK AL-HABIB LTD. - TFC (06-12-18) **** Non-Traded 100.0000 14 DHCL/SUK/161117 DAWOOD HERCULES CORPORATION LTD.
    [Show full text]
  • Annual Report 2019 JS Bank Is One of the Fastest Growing Banks in Pakistan, with 360 Branches in 180 Cities Including One International Branch
    Annual Report 360 Branches in 180 Cities Annual Report 2019 JS Bank is one of the fastest growing banks in Pakistan, with 360 branches in 180 cities including one international branch. The Bank is a leader in the digital banking space and in distribution of insurance solutions. JS Bank has been recognized on multiple international and national forums including the prestigious AsiaMoney, Asian Banking and Finance, DIGI and Pakistan Banking Awards. The Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. 03 Vision CONTENT 03 Mission 04 Corporate Values Organizational Overview 06 Products and Services 09 Company Information 10 Profile of the Board of Directors 13 Organizational Structure 14 Entity Credit Rating 15 Corporate Profile of the Bank 16 Chairman’s Review Performance & Position 18 Financial Performance 2014 - 2019 19 Graphical Presentation of Financial Statements 20 Advances by Segment 21 Funding Mix 22 Non-Performing Loans 23 Investments 24 Quarterly Performance - 2018 & 2019 25 Analysis of Capital Adequecy Ratio 26 Six Years’ Financial Performance / Financial Ratios 27 DuPont Analysis 28 Summary of Cash Flows 28 Free Cash Flows 29 Markup & Non Markup Income 30 Economic Value Added Statement 31 Six Years’ Vertical Analysis 32 Six Years’ Horizontal Analysis 33 Segment Analysis 34 JS Bank Calendar of Major Events during 2019 Strategy & Resource Allocation Unconsolidated Financial Statements 35 Rationale towards Strategic Objectives 94 Auditors’ Report to the Members 35 Strategy and
    [Show full text]
  • Prospectus, Especially the Risk Factors Given at Para 4.11 of This Prospectus Before Making Any Investment Decision
    ADVICE FOR INVESTORS INVESTORS ARE STRONGLY ADVISED IN THEIR OWN INTEREST TO CAREFULLY READ THE CONTENTS OF THIS PROSPECTUS, ESPECIALLY THE RISK FACTORS GIVEN AT PARA 4.11 OF THIS PROSPECTUS BEFORE MAKING ANY INVESTMENT DECISION. SUBMISSION OF FALSE AND FICTITIOUS APPLICATIONS ARE PROHIBITED AND SUCH APPLICATIONS’ MONEY MAY BE FORFEITED UNDER SECTION 87(8) OF THE SECURITIES ACT, 2015. SONERI BANK LIMITED PROSPECTUS THE ISSUE SIZE OF FULLY PAID UP, RATED, LISTED, PERPETUAL, UNSECURED, SUBORDINATED, NON-CUMULATIVE AND CONTINGENT CONVERTIBLE DEBT INSTRUMENTS IN THE NATURE OF TERM FINANCE CERTIFICATES (“TFCS”) IS PKR 4,000 MILLION, OUT OF WHICH TFCS OF PKR 3,600 MILLION (90% OF ISSUE SIZE) ARE ISSUED TO THE PRE-IPO INVESTORS AND PKR 400 MILLION (10% OF ISSUE SIZE) ARE BEING OFFERED TO THE GENERAL PUBLIC BY WAY OF INITIAL PUBLIC OFFER THROUGH THIS PROSPECTUS RATE OF RETURN: PERPETUAL INSTRUMENT @ 6 MONTH KIBOR* (ASK SIDE) PLUS 2.00% P.A INSTRUMENT RATING: A (SINGLE A) BY THE PAKISTAN CREDIT RATING COMPANY LIMITED LONG TERM ENTITY RATING: “AA-” (DOUBLE A MINUS) SHORT TERM ENTITY RATING: “A1+” (A ONE PLUS) BY THE PAKISTAN CREDIT RATING AGENCY LIMITED AS PER PSX’S LISTING OF COMPANIES AND SECURITIES REGULATIONS, THE DRAFT PROSPECTUS WAS PLACED ON PSX’S WEBSITE, FOR SEEKING PUBLIC COMMENTS, FOR SEVEN (7) WORKING DAYS STARTING FROM OCTOBER 18, 2018 TO OCTOBER 26, 2018. NO COMMENTS HAVE BEEN RECEIVED ON THE DRAFT PROSPECTUS. DATE OF PUBLIC SUBSCRIPTION: FROM DECEMBER 5, 2018 TO DECEMBER 6, 2018 (FROM: 9:00 AM TO 5:00 PM) (BOTH DAYS INCLUSIVE) CONSULTANT TO THE ISSUE BANKERS TO THE ISSUE (RETAIL PORTION) Allied Bank Limited Askari Bank Limited Bank Alfalah Limited** Bank Al Habib Limited Faysal Bank Limited Habib Metropolitan Bank Limited JS Bank Limited MCB Bank Limited Silk Bank Limited Soneri Bank Limited United Bank Limited** **In order to facilitate investors, United Bank Limited (“UBL”) and Bank Alfalah Limited (“BAFL”) are providing the facility of electronic submission of application (e‐IPO) to their account holders.
    [Show full text]
  • OICCI CSR Report 2018-2019
    COMBINING THE POWER OF SOCIAL RESPONSIBILITY Corporate Social Responsibility Report 2018-19 03 Foreword CONTENTS 05 OICCI Members’ CSR Impact 06 CSR Footprint – Members’ Participation In Focus Areas 07 CSR Footprint – Geographic Spread of CSR Activities 90 Snapshot of Participants’ CSR Activities 96 Social Sector Partners DISCLAIMER The report has been prepared by the Overseas Investors Chamber of Commerce and Industry (OICCI) based on data/information provided by participating companies. The OICCI is not liable for incorrect representation, if any, relating to a company or its activities. 02 | OICCI FOREWORD The landscape of CSR initiatives and activities is actively supported health and nutrition related initiatives We are pleased to present improving rapidly as the corporate sector in Pakistan has through donations to reputable hospitals, medical care been widely adopting the CSR and Sustainability camps and health awareness campaigns. Infrastructure OICCI members practices and making them permanent feature of the Development was also one of the growing areas of consolidated 2018-19 businesses. The social areas such as education, human interest for 65% of the members who assisted communi- capital development, healthcare, nutrition, environment ties in the vicinity of their respective major operating Corporate Social and infrastructure development are the main focus of the facilities. businesses to reach out to the underprivileged sections of Responsibility (CSR) the population. The readers will be pleased to note that 79% of our member companies also promoted the “OICCI Women” Report, highlighting the We, at OICCI, are privileged to have about 200 leading initiative towards increasing level of Women Empower- foreign investors among our membership who besides ment/Gender Equality.
    [Show full text]
  • IBFT- Account Number Formats
    IBFT- Account Number Formats Allied Bank Please enter Allied Bank Account Number by following the layout below: Total Digits of Account Number: 13 or 20 Digits Format Example: BBBBAAAAAAAAA or BBBBAAAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 9 Digit Account Number, AAAAAAAAAAAAAAAA = 16 Digit Account Number Apna Microfinance Bank Please enter Apna Microfinance Bank Account Number by following the layout below: Total Digits of Account Number: 16 Digits Format Example: BBBBAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 12 Digits Askari Bank Please enter Askari Bank Account Number by following the layout below: Total Digits of Bank Account Number: 14 Digits Format Example: BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Branchless Banking Account # Always consist of 11 digits Mobile Number. Al-Baraka Please enter Bank Al-Baraka total digits of account Number: Total Digits of Account Number: 13 Digits Bank Alfalah Please enter Bank Alfalah Account Number by following the layout below: Conventional A/C#: Total Digits of Account Number: 14 Format Example: BBBBAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Islamic A/C#: Total Digits of Account Number: 18 Digit Format Example: BBBBAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAAAAAA = 14 Digit Account Number Branchless Banking Account # : Always consist of 11 digits Mobile Number. Bank Al-Habib Please enter Bank Al-Habib Account Number by following the layout below: Total Digits of Account Number: 17 Digit Format
    [Show full text]
  • Mlcfl Q2 Dec 2011-2012.Pdf
    CONTENTS Company Information 3 Directors’ Review 4 Independent Auditors Report on Review of Condensed Interim Financial Information to the Members 5 Condensed Interim Balance Sheet 6 Condensed Interim Profit and Loss Account 8 Condensed Interim Statement of Comprehensive Income 9 Condensed Interim Cash Flow Statement 10 Condensed Interim Statement of Changes in Equity 11 Selected Explanatory Notes to the Condensed Interim Financial Information 12 1 2 COMPANY INFORMATION Board of Directors Mr. Tariq Sayeed Saigol Chairman Mr. Sayeed Tariq Saigol Chief Executive Mr. Taufique Sayeed Saigol Mr. Waleed Tariq Saigol Mr. Danial Taufique Saigol Syed Mohsin Raza Naqvi Mr. Zamiruddin Azar Mr. Masood Karim Shaikh Audit Committee Mr. Zamiruddin Azar Chairman Mr. Waleed Tariq Saigol Member Mr. Masood Karim Shaikh Member Chief Financial Officer Syed Mohsin Raza Naqvi Company Secretary Mr. Muhammad Ashraf Chief Internal Auditor Mr. Bilal Hussain Bankers of the Company Auditors Allied Bank Limited KPMG Taseer Hadi & Co. Askari Bank Limited Chartered Accountants Bank Alfalah Limited Bank Al-Habib Limited Legal Advisors BankIslami Pakistan Limited Raja Mohammed Akram & Co. Burj Bank Limited Advocates and Legal Consultants, Deutsche Bank Limited Lahore. Faysal Bank Limited First Dawood Islamic Bank Limited Registered Office First Women Bank Limited 42 - Lawrence Road, Lahore. Habib Bank Limited Phone: (042) 36278904-5 Habib Metropolitan Bank Limited Fax: (042) 36368721 IGI Investment Bank Limited E-mail: [email protected] Islamic Corporation for the Development Website: www.kmlg.com of the Private Sector, Jeddah KASB Bank Limited Share Registrar MCB Bank Limited Vision Consulting Ltd Meezan Bank Limited Head Office: 3-C, LDA Flats, National Bank of Pakistan Lawrence Road, Lahore NIB Bank Limited Phone: (042) 36375531 & 36375339 Pak Brunei Investment Company Limited Fax: (042) 36374839 Pak-Libya Holding Company (Pvt.) Limited E-mail: [email protected] Pak Oman Investment Company Limited Website: www.vcl.com.pk Saudi Pak Industrial & Agricultural Investment Co.
    [Show full text]
  • Newsletterletter the Institute of Chartered Accountants of Pakistan
    Governance, Transparency and Service to Members & Students www.icap.org.pk Volume 34 Issue 2 February 2011 NewsNewsletterletter The Institute of Chartered Accountants of Pakistan 2011 GOLDEN JUBILEE YEAR MEETINGS N EVENTS FIVE DECADES OF UPHOLDING INTEGRITY, INCULCATING PROFESSIONALISM AND ENHANCING QUALITY Inside Meetings n Events Gold Medal and Award Distribution Ceremony CFO Conferences 2011 in Karachi & Lahore Paying respect to the National Anthem Seminar on Risk Management & Basel II - Inaugural Ceremony of Golden Jubilee Deriving Value beyond Compliance Celebration Fifty years ago on the 3rd of March, the Chartered Accountants Role of Chartered Accountants in Building Ordinance 1961 received assent of the President of Pakistan which Successful Organizations set the foundation of our Institute. Keeping in mind the historic affiliation, Friday 4th of March 2011 was chosen to inaugurate the ICAP Golden Jubilee Golf Tournament celebrations of the Golden Jubilee Year at Serena Hotel Islamabad. Family Get Together The ceremony Honorable Minister of Finance, Dr. Abdul Hafeez Sheikh graced the occasion as the Chief Guest, with Vice Chancellor Beacon House National University Mr. Sartaj Aziz and the Auditor Members Section General of Reconstitution of the Quality Assurance Pakistan, Mr. Board (QAB) Tanwir Ali Agha doing Medical Insurance - Are you covered? honors as key note Technical Update speakers. More than Students Section 650 well wishers ACTEPR Education Fair 2011 including members, Computer Practical Examination The Chief Guest Dr. Abdul Hafeez Sheikh addressing the gathering diplomats NewsletterThe Institute of Chartered Accountants of Pakistan and media personnel had assembled to witness the Inaugural Ceremony of the Golden Jubilee celebrations. The Chief Guest of the evening Dr.
    [Show full text]
  • Quarterly Report March 2021 (Un-Audited)
    QUARTERLY REPORT MARCH 2021 (UN-AUDITED) QUARTERLY REPORT MARCH 2021 (UN-AUDITED) TABLE OF CONTENTS 3 Corporate Information 4 Directors’ Review 12 Condensed Interim Statement of Financial Position 13 Condensed Interim Profit and Loss Account 14 Condensed Interim Statement of Comprehensive Income 15 Condensed Interim Cash Flow Statement 16 Condensed Interim Statement of Changes in Equity 17 Notes to the Condensed Interim Financial Statements 50 List of Branches CORPORATE INFORMATION CHAIRMAN REGISTERED OFFICE MR. ALAUDDIN FEERASTA RUPALI HOUSE, 241-242, UPPER MALL SCHEME, CHIEF EXECUTIVE OFFICER ANAND ROAD, LAHORE - 54000 MR. MUHTASHIM AHMAD ASHAI CENTRAL OFFICE DIRECTORS 10TH FLOOR, PNSC BUILDING, MR. NOORUDDIN FEERASTA M.T. KHAN ROAD, KARACHI-74000 MR. AHMED A. FEERASTA MR. MUHAMMAD RASHID ZAHIR REGISTRAR AND SHARE TRANSFER AGENT MR. MANZOOR AHMED (NIT NOMINEE) THK ASSOCIATES (PRIVATE) LTD., MR. JAMIL HASSAN HAMDANI PLOT NO. 32-C, JAMI COMMERCIAL MS. NAVIN SALIM MERCHANT STREET 2, DHA PHASE 7, KARACHI - 75500 CHIEF FINANCIAL OFFICER UAN: (021) 111-000-322 MR. MIRZA ZAFAR BAIG FAX: (021) 35310191 COMPANY SECRETARY MR. MUHAMMAD ALTAF BUTT AUDITORS KPMG TASEER HADI & CO. CHARTERED ACCOUNTANTS SHARIAH BOARD MUFTI EHSAN WAQUAR AHMAD (CHAIRMAN) MUFTI MUHAMMAD ZAHID (RESIDENT MEMBER) MUFTI BILAL AHMED QAZI (MEMBER) LEGAL ADVISORS MANAN ASSOCIATES, ADVOCATES 03 NAVIGATING OUR WAY TO SUCCESS DIRECTORS’ REVIEW On behalf of the Board of Directors, we are pleased to present the Directors’ Review of Soneri Bank Limited (‘the Bank’) along with the un-audited condensed interim financial statements for the quarter ended 31 March 2021. Economic Review: FY21 started on a positive note for Pakistan’s economy, as growth and employment trends continued to recover and business sentiment further improved.
    [Show full text]
  • The Relative Efficiency of Commercial Banks in Pakistan with Respect to Size and Ownership Structure During and After Global Financial Crisis
    Journal of Accounting and Finance in Emerging Economies Vol 4, No 2, December 2018 Volume and Issues Obtainable at Center for Sustainability Research and Consultancy Journal of Accounting and Finance in Emerging Economies ISSN: 2519-0318ISSN (E) 2518-8488 Volume 4: Issue 2 December 2018 Journal homepage: publishing.globalcsrc.org/jafee The Relative Efficiency of Commercial Banks in Pakistan with Respect to Size and Ownership Structure During and After Global Financial Crisis 1Allah Bakhsh khan, 2Syed Zulfiqar Ali Shah, 3Muhammad Abbas, 4Qaiser Maqbool khan 1 Asst Professor (Commerce) Bahauddin Zakariya University, Multan, and PhD Scholar at International Islamic University, Islamabad. Pakistan. Email: [email protected] 2 Associate Professor, Faculty of Management Sciences, International Islamic University, Islamabad. Pakistan. 3 Assistant Professor, Air University, Multan Campus. Email: [email protected] 4 PhD Scholar at Department of Commerce, Bahauddin Zakariya University, Multan. Pakistan. Email:[email protected] ARTICLE DETAILS ABSTRACT History Purpose: This study has been carried out to find out the relative efficiency Revised format: Nov2018 of the commercial banks in Pakistan over a five- year period from 2006 to Available Online: Dec 2018 year 2010 using Frontier Approach of efficiency. The commercial banks included in this research paper are public sector banks, privatized banks, Keywords domestic private banks, and foreign banks. In addition to overall efficiency Efficiency, Banks, comparison of the commercial banks, this study has also tested the effect of Financial Intermediation, size and ownership structure of the commercial banks in Pakistan on their Moral Hazard, Data efficiency. Data/Design/Methodology/Approach: Out of 44 banks, 21 commercial JEL Classification: banks have been chosen, which, in terms of deposits, account for about 94 D61,E58,E44,Y10 percent of total deposits of the banking sector (Rs.5,124,308 million) as on December, 2010.
    [Show full text]