Allied Bank Is the First Muslim Bank, to Have Been Established on the Territory That Became Pakistan

ALLIED BANK LIMITED

MONEY AND BANKING

Vision To become a dynamic and efficient bank providing integrated solutions in order to be the first choice bank for the customers. Mission

• To provide value-added services to our customers • To provide high-tech innovative solutions to meet customers requirements • To create sustainable value through growth, efficiency and diversity for all stakeholders • To provide a challenging work environment and reward dedicated team members according to their abilities and performance • To play a proactive role in contributing towards the society

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MONEY AND BANKING

BOARD OF DIRECTORS:

Board of Directors (left to right) Mohammad Naeem Mukhtar (Chairman) Mohammad Waseem Mukhtar (Director) Sheikh Jalees Ahmed (Director) Sheikh Mukhtar Ahmed (Director) Abdul Aziz Khan (Director) Mubashir A. Akhtar (Director) Khalid A. Sherwani (Chief Executive Officer) Muhammad Raffat (Company Secretary)

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MONEY AND BANKING

OVERVIEW OF ALLIED BANK LIMITED:

Type Public as "Australasia Bank", 1942 Founded Lahore, Pakistan Headquarters Lahore, Pakistan Industry Finance and Insurance Products Financial Services Revenue

Allied Bank is located in Lahore, Punjab, Pakistan. It was established in 1942 before independence, Allied Bank Limited is one of the largest banks in Pakistan with 735 Branches connected to an online network. In August 2004 the Bank was restructured and the ownership was transferred to Ibrahim Group.

A Map of Pakistan showing the location of Allied Bank branches in Pakistan

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MONEY AND BANKING

HISTORY OF ALLIED BANK LIMITED:

Allied Bank is the first Muslim bank, to have been established on the territory that became Pakistan. Established in December 1942 as the Australasia Bank at Lahore with a paid-up share capital of Rs. 0.12 million under the Chairmanship of Khawaja Bashir Bux, the Bank had attracted deposits, equivalent to Rs. 0.431 million in its first eighteen months of business. Total assets then amounted to Rs. 0.572 million. Today Allied Bank's paid up Capital & Reserves amount to Rs. 10.5 billion, deposit exceeded Rs. 143 billion and total assets equal Rs. 170 billion. The Allied Bank's story is one of dedication, commitment to professionalism, adaptation to changing environmental challenges resulting into all round growth and stability, envied and aspired by many.

THE PRE INDEPENDENCE HISTORY (1942 TO 1947)

In the early 1940s the Muslim community was beginning to realize the need for the active participation in the field of trade and industry. The Hindus had since the late 1880s established a commanding presence in these areas and industry, trade and commerce in the undivided Sub- continent was completely dominated by them. Banking, in particular, was an exclusive enclave of the Hindus and it was widely believed, and wrongly so, that Muslims were temperamentally unsuited for this profession.

It was particularly galling for Khawaja Bashir Bux to hear the gibe that “Muslims could not be successful bankers”. He decided to respond to the challenge and took lead in establishing this first Muslim bank on the soil of Punjab that was to become Pakistan in December 1942; by the name of Australasia Bank Limited.

The initial equity of the Bank amounted to Rs 0.12 million, which was raised to Rs 0.5 million by the end of first full year of operation, and by the end of 30th June 1947 capital increased to Rs. 0.673 million and deposits raised to Rs 7.728 million.

AUSTRALASIA BANK (1947 TO 1974)

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MONEY AND BANKING

Australasia Bank was the only fully functional Muslim Bank on Pakistan territory on August the 14th, 1947. It had been severely hit by the riots in East Punjab. The bank was identified with the Pakistan Movement. At the time of independence all the branches in India, (Amritsar, Batala, Jalandhar, Ludhaina, Delhi and Angra (Agra)) were closed down. New Branches were opened in Karachi, Rawalpindi, Peshawar, Sialkot, Sargodha, Jhang, Gujranwala and Kasur. Later it network spread to Multan & Quetta. The Bank financed trade in cloth and food grains and thus played an important role in maintaining consumer supplies during riot affected early months of 1948. Despite the difficult conditions prevailing and the substantial set back in the Bank’s business in India, Australasia Bank made a profit of Rs 50,000 during 1947-48.

By the end of 1970 it had 101 branches. Unfortunately it lost 51 branches in the separation of East Pakistan. The bank did well in despite losing lot of its assets. By the end of 1973 the bank had 186 branches in West Pakistan.

ALLIED BANK (1974 TO 1991)

In 1974, the Board of Directors of Australasia Bank was dissolved and the bank was renamed as Allied Bank. The first year was highly successful one: profit exceeded the Rs 10 million mark; deposits rose by over 50 percent and approached Rs 1460 million. Investments rose by 72 percent and advances exceeded Rs 1080 million for the first time in bank history. 116 new branches were opened during 1974 and the Bank started participation in the spot procurement agriculture program of the Government. Those seventeen years of the Bank saw a rapid growth. Branches increased from 353 in 1974 to 748 in 1991. Deposits rose from Rs 1.46 billion, and Advances and investments from Rs 1.34 billion to Rs 22 billion during this period. It also opened three branches in UK.

ALLIED BANK (1991 TO 2004)

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As a result of privatization in September 1991, Allied Bank entered in a new phase of its history, as the world’s first bank to be owned and managed by its employees. In 1993 the “First Allied Bank Modaraba (FABM) was floated.

After privatization, Allied Bank registered an unprecedented growth to become one of the premier financial institutions of Pakistan. Allied Bank’s capital and reserves were Rs. 1.525 (Billion) and assets amounted to Rs. 87.536 (Billion) and deposits were Rs. 76.038 (Billion). Allied Bank enjoyed an enviable position in the financial sector of Pakistan and was recognized as one of the best amongst the major banks of the country.

In August 2004 as a result of capital reconstruction, the Bank’s ownership was transferred to a consortium comprising Ibrahim Leasing Limited and Ibrahim Group.

Today the Bank stands on a solid foundation of over 63 years of its existence having a strong equity, assets and deposits base offering universal banking services with higher focus on retail banking. The bank has the largest network of on-line branches in Pakistan and offers various technology based products and services to its diversified clientele through its network of more than 700 branches.

(2005 TO DATE)

In May 2005 Ibrahim Leasing Limited was amalgamated by transfer to and vested in with and into Allied Bank Limited. ILL shareholders were issued ABL shares in lieu of the ILL shares held by them. Application for the listing of ABL shares in all the Stock Exchange Companies of Pakistan was made. ABL was formally listed and trading of the shares of the Bank commenced w.e.f. the following dates.

Islamabad Stock Exchange 8th August 2005 Lahore Stock Exchange 10th August 2005 Karachi Stock Exchange 17th August 2005

Now all shareholders of Allied Bank Limited can trade in the shares of the Bank at their free will.

2007

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MONEY AND BANKING Mohammad Aftab Manzoor has taken charge as CEO and President of the Bank on August 13, 2007. He is an ex-president of MCB Bank Ltd

FUNCTIONS

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MONEY AND BANKING 1.SERVICES

Allied Bank offers the following services to its customers:

• HOME REMITTANCES

Allied Bank Limited commenced lease operations upon amalgamation with Ibrahim Leasing Limited. Facilities include leasing for machinery, commercial vehicles, vehicles and equipments. The Bank provides lease facilities for balancing, modernization, replacement and expansion schemes to corporate and commercial clients in all industrial enterprises.

Leasing is a popular mode of financing due to its distinctive features like tax shield, preserve working capital, easy documentation and less processing time.

Lease applications are entertained at all Bank branches in Pakistan.

• REMITTANCES

Allied Bank can transfer funds to the remotest part of the country for payment/credit to the customer himself or a third party, through Telegram/Telex/Telefax for payment/credit on the same/next day. Telegraphic transfers can also be made abroad in Foreign Currency.

Carrying cash to strange alien location can prove to be risky as a single incident can render one without monetary backup of any sort. Hence travelers cheques are introduced by banks in order to protect against any contingency.

A. TELEGRAPHICAL TRANSFER

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MONEY AND BANKING

Banks are offering various type of products related to funds transfer in Pakistan, assuring the fastest delivery of Funds around the Globe, through Telex, SWIFT and other Electronic Media.

Allied Bank with its large network spread all over the country is sharing quite a sizeable Funds transfer business in the domestic market.

Bank has recently moved to optimize the use of electronic media to handle Funds Transfer with speed. Even the shift over to "SWIFT" is at hand and a network has been established by Central Office.

B.DEMAND DRAFT

A draft is one of the most popular Banking instrument in the trade circles to settle business deals and transferring funds from one place to another. Allied Bank has taken radical steps for a speedy Issuance/Payment of Drafts through automation and introduction of a more simplified system based procedure.

C. PAY ORDERS

Pay order is a Bank instrument issued by a Bank in Pak Rupees at the request of a customer to transact payment to a named payee through Banking channel.

Generally payments against such cheques (Pay orders) are restricted to "Payees Account" and as such are required to be enrouted through a Bank Account locally.

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MONEY AND BANKING D. TRAVELER CHEQUES – ABRTC

"Rupees Traveler Cheques" is one of the most convenient products launched by Allied Bank, which has an excellent market response. ABRTCs is only to be issued by the authorized branches of the ABL. With the application of Government levies, nominal commission is also charged on issuance of "Traveler Cheques".Traveler Cheques shall be valid until encashed unlike a "Negotiable Instrument" which is valid for 6 months.

• Hajj Services

The Bank serves the intending pilgrims by helping them in performing this religious obligation. The Hajj forms and other related services are provided by the bank. However, the terms and conditions for accepting the Hajj forms from intending pilgrims are in accordance with the Hajj Policy announced by the government, each year. Hajj applications are available with all branches during Hajj season, immediately after the Hajj policy is announced by the Government of Pakistan.

• Utility Bills

All branches of the Bank collect utility bills of electricity, gas and telephones. For convenience of the customers, Utility Bills are collected by the branches during banking hours and also in the evening-banking on all working days. Bills can be paid through Cash or Cheques. Consumers may drop bills with crossed Cheques into a drop box available at the branches under "Cheque Drop-in" system. Utility Bill payment facility - Pay your telephone, electricity, and gas utility bills on any of our ATMs without having to wait in long queues outside your branch.

• Lockers

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MONEY AND BANKING Allied Bank Lockers are available in three different sizes Small, Medium and Large on a yearly fee. Locker holders need not have an account in the Bank.

ATTENTION VALUED CUSTOMERS

SAFE DEPOSIT LOCKERS' INSURANCE

The Bank has already informed its Safe Deposit Locker Holders through half yearly Statement of Accounts as on 30-06-2007 that the Bank has arranged insurance cover at its own cost subject to the terms and conditions of the insurance policy for the losses sustained and discovered by reasons of damage, destruction or loss by fire, burglary and locker breaking.

Maximum insurance ceiling provided for each category of lockers is mentioned hereunder:

Annual S. Locker Maximum Loss Locker Rent No. Size Coverage / Limit (Current) 1 Small Rs.1,500/- Rs.500,000/- 2 Medium Rs.2,000/- Rs.1,000,000/- 3 Large Rs.4,000/- Rs.1,500,000/- Extra 4 Rs.5,000/- Rs.2,000,000/- Large

We shall deem this arrangement as consented by the lessee, if no communication is received on the subject within 15 days after publication of this notice.

• Commodity Operation

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MONEY AND BANKING It is a Cash Credit Financing to Government Department for procurement of various commodities, as per allocation of the limits by SBP on Government of Pakistan Guarantee.

INTERNET BANKING

Online Banking facilities are available to customers maintaining accounts at all online branches across the country. The following facilities are available:

• Cash Deposit for immediate credit to remote branch. • Remote Cheque Encashment from any online branch. • Instant Funds Transfer between any 2 online branches. • Remote Balance Enquiry and Statement of Account.

2.PRODUCTS:

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MONEY AND BANKING

Deposit products:

• Current Account • Allied Business Account • PLS Saving Deposits • Allied Basic Banking Account • Foreign Currency Deposits • PLS Term Deposit Account • Allied Munafa Account • Behtar Munafa account (BMA) • Behtar Munafa Term Deposit (BMTD) • Mahana Aamdani Package • Allied Bachat Scheme (ABS) • Allied e-Savers Accounts (ESA)

Current account:

Allied Bank offers Current Account facility for individuals as well as for institutions and commercial customers.

Free Online Transactions, DD/TT/PO for depositors maintaining average monthly balance of Rs. 2.500(M) & Above during the previous month.

Allied business account:

Allied Bank offers a banking experience beyond expectations. Allied Business Account is a non-profit current account with countless benefits and services. If you are a businessman, trader or an individual, Allied Business Account is an ideal proportion for you.

PLS Saving Deposits

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MONEY AND BANKING Allied Bank offers PLS Savings Account facility to its customers with the following attractive features.

 Attractive return of 5.00% per annum

Free Online Transaction, DD/TT/PO for depositors maintaining average monthly balance of Rs. 2.500(M) & Above during the previous month.

Allied Basic Banking Account

In order to provide basic banking facilities to low income people in Pakistan, Allied Bank has introduced “Allied Basic Banking Account” (ABBA).

1. Account can be opened with an initial deposit of Rs 1,000/= 2. It is a non-remunerative account with a no minimum balance requirement. 3. The Statement of Account is issued on a yearly basis. 4. The account will be closed automatically if the balance remains “zero” for one year. 5. No service charges on the account for a maximum of 2-withdrawals and 2-deposits during a calendar month. 6. Additional transactions will be subject to a service charge as per the Bank’s Schedule of Charges for every withdrawal/deposit. 7. Unlimited withdrawals from ATMs.

Foreign Currency Deposits

Allied Bank offers the facility of opening Current, Savings and Term deposit Accounts. Foreign Currency accounts can be opened in US Dollar, Pound Sterling, Euro, and Japanese Yen at designated branches.

Note: All profits payable are subject to applicable Zakat and Govt. Levies and changes in the Bank's Policy from time to time.

PLS Term Deposit Account

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MONEY AND BANKING

Allied Bank offers the following rates in its normal term deposit account:

1 3 6 1 PLS Term Deposits Month Months Months Year Up to Rs. 5,000,000 4.00% 6.50% 7.00% 8.00% Rs.5,000,001 to Rs.25,000,000 4.50% 7.00% 7.50% 8.50% Rs.25,000,001 to Rs50,000,000 5.00% 7.50% 8.00% 9.00% Rs50,000,001 to Rs100,000,000 5.50% 8.00% 8.50% 9.25% Rs100,000,001 to Rs.500,000,000 6.00% 8.50% 9.00% 9.50% Above 500,000,000 - - 9.25% 9.75%

2 3 4 5 PLS Term Deposits Years Years Years Years Up to Rs. 5,000,000 8.10% 8.25% 8.30% 8.50% Rs.5,000,001 to Rs.25,000,000 8.60% 8.75% 8.80% 9.00% Rs.25,000,001 to Rs50,000,000 9.10% 9.25% 9.30% 9.50% Rs50,000,001 to Rs100,000,000 9.35% 9.50% 9.55% 9.75% Rs100,000,001 to Rs.500,000,000 9.60% 9.75% 9.80% 10.00% Above 500,000,000 9.85% 10.00% 10.05% 10.25%

Behtar Munafa Account (BMA)

Behtar Munafa Account is a profit bearing checking account with return paid on a monthly basis. The estimated rate of profit is given below:

Upto Rs.5,000,000 5.00% Rs.5,000,001 to Rs.25,000,000 6.00% Rs.25,000,001 to Rs.50,000,000 7.00% Rs50,000,001 to Rs.100,000,000 8.50% Rs.100,000,001 to Rs.250,000,000 9.25% Rs.250,000,001 to Rs.500,000,000 10.00% Above Rs.500,000,000 10.50%

Salient Features:

The applicable profit rate will be based on the amount maintained in the account on an average monthly basis and the return will also be credited to the account on a monthly basis.

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MONEY AND BANKING Individuals, Firms, Companies, Schools, Hospitals, Charitable Organizations, etc., are welcome to open their account in this scheme.

Behtar Munafa Term Deposit (BMTD)

Allied Bank offers following rates in its Behtar Munafa Term Deposit.

Upto Rs.5,000,000 6.00% 8.00% 8.50% 9.50% Rs.5,000,001 to Rs.25,000,000 6.50% 8.50% 9.00% 10.00% Rs.25,000,001 to Rs.50,000,000 7.00% 9.00% 9.50% 10.50% Rs50,000,001 to Rs.100,000,000 7.50% 9.50% 10.00% 11.00% Rs.100,000,001 to Rs.500,000,000 8.00% 10.00% 10.50% 11.50% Above Rs.500,000,000 8.50% 10.75% 11.00% 12.00%

Allied Munafa Account (AMA)

Slabs Rates effective from 01.01.07 Rs 0.5(M) to less than Rs 5 (M) 5.00% Rs 5(M) to Rs 25 (M) 6.00% Rs 25(M) to Rs. 50 (M) 7.00% Rs 50(M) to Rs. 100 (M) 7.50% Rs 100(M) to Rs. 250 (M) 8.00% Rs 250(M) to Rs. 500 (M) 8.50% Rs 500(M) and above 9.00%

Salient Features:

1. The applicable profit rate will be based on the amount maintained in the account on an average monthly basis and the return will also be credited to the account on a monthly basis.

2. Individuals, Firms, Companies, Schools, Hospitals, Charitable Organizations, etc., are welcome to open their account in this scheme.

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MONEY AND BANKING

Mahana Aamdani Package

Mahana Aamdani Package is a unique product with attractive returns. It provides an opportunity to earn a regular monthly income with a flexibility of placement for 12, 24 & 36 months.

Saving has never been so convenient! Allied Bank introduces the Mahana Amdani Package, with which you can earn monthly profits on investments.

Besides bringing high returns, this account also offers you the flexibility to choose from tenures of 12, 24 or 36 months.

Rate of Profit

For 1 year For 2 year For 3 year Description Retur Rate Return Rate Return Rate n Rs. 12 months 8.40 % Rs. 700 8.70% Rs. 725 9.00% 750 Rs. 24 months 9.30% Rs. 775 9.30% 775 Rs. 36 months 10.30% 858

Approximate monthly returns calculated on the investment of Rs. 100,000

Salient Features: Account Type: Fixed term deposit Term Period: 1 - 3 years Minimum Deposit Amount: Rs. 100,000 (additional investment in multiples of Rs. 10,000) Profit: Payable on monthly basis Eligibility: Individuals and institutions (other than financial institutions)

Allied Bachat Scheme

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MONEY AND BANKING

Allied Bachat Scheme is a PLS Term Deposit Scheme based deposit scheme whereby you can double your investment in just 7.5 years.

Maturity Period: 7.5 years Minimum Deposit: Rs. 50,000/- with multiples of Rs. 10,000/- Expected rate of Profit:The deposit amount will be doubled in 7.5

No. of Years ABL Projected Repayment amount Rates

0 0 50,000.00* 1 7.00% 53,500.00 1.5 7.50% 55,625.00 2 8.00% 2.5 8.75% 60,937.50 3 10.00% 65,000.00 3.5 10.25% 4 10.50% 71,000.00 4.5 10.75% 5 11.00% 77,500.00 5.5 11.25% 80,937.50 6 11.50% 84,500.00 6.5 11.75% 88,187.50 7 12.00% 92,000.00 7.5 13.33% 100,000.00

Salient Features: Maturity Period: 7.5 years Free Internet Banking facility Minimum Deposit: Rs. 50,000 (additional investment in multiples of Rs. 10,000) Expected Profit Rate: Up to 13.33% p.a. Eligibility: All individuals and institutions

Allied e-Savers Accounts

Saving has never been so flexible! The Allied e-Savers Account is a unique savings plan where you can earn returns as high as 7.5% with the convenience of 4 withdrawals a month!

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MONEY AND BANKING

E-Savers Profit Rate

Rs. 400,001 up to Rs. 500,000 7.5% p.a.

Rs. 300,001 up to Rs. 400,000 6.0% p.a.

Rs. 200,001 up to Rs. 300,000 5.0% p.a.

Rs. 100,001 up to Rs. 200,000 4.5% p.a.

Rs. 10,000 up to Rs. 100,000 4.0% p.a.

Salient Features:

Investment: Rs. 10,000 to Rs. 500,000 Profit: Payable on quarterly basis Expected Profit Rate: Up to 7.50% p.a. Eligibility: Individuals

Allied Business Account

Allied Bank offers you a banking experience beyond expectations!

Allied Business Account is a non-profit current account with countless benefits and services. If you are a businessman, trader or an individual, Allied Business Account is an ideal proposition for you.

Slabs Rates effective from 01.01.07

Online/Manual Remittances Free Rs. 500,000/- and above Outward Cheque Return Free Issuance of DD/TT/PO/OBC Free /Expression Collection

Alternative delivery channels:

1. Allied Cash+Shop Visa Debit Card

• Get Cash

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MONEY AND BANKING You are always on the move, now your bank account is too. You can use your Allied Cash+Shop Visa Debit Card to withdraw cash directly from your bank account from over 2,500 ATMs in Pakistan - including Allied Bank's largest network of ATMs - and over 1 million ATMs worldwide.

• Shop Anywhere

Use the Visa power of your Allied Cash+Shop Visa Debit Card to shop at over 49,000 retailers in Pakistan and over 27 million retailers internationally.

• Dine Out

Go to all your favorite restaurants and order whatever you want without having to worry about how much cash you have in your pocket - thanks to your Allied Cash+Shop Visa Debit Card.

• Enjoy Traveling

Imagine traveling without carrying cash. With your Allied Cash+Shop Visa Debit Card, you can buy your plane tickets and do all your shopping abroad without worrying about spending too much or running out of cash.

• Get Groceries

Go grocery shopping with your Allied Cash+Shop Visa Debit Card and you will never have to worry about having enough cash in your pocket when you're standing in line at the cash counter.

• Have Fun

Whether you feel like taking the family to see a movie at the cinema or treating some friends to a night of bowling, you can do it all and more with your Allied Cash+Shop Visa Debit Card.

• Fuel UP

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MONEY AND BANKING Now you can fuel up your car without emptying your wallet. Pay for all your fuel purchases with your Allied Cash+Shop Visa Debit Card.

3.. ONLINE BANKING:

Allied Online is a unique service offering from Allied Bank Limited. Through Allied Online, your account in Allied Bank is available to you from any of our branches country-wide.

No matter where you are in the country and which branch your account is maintained, you can have your cheque encashed at any of our over 700 branches located in 250 cities. You can also use the service to deposit cash for instant credit into your account or any other account in Allied Bank from any branch. Similarly account-to-account Funds Transfer facility is also available for instant remittance.

Your cheque drawn on a remote branch for credit into beneficiary’s account or encashment up to a specified amount can also be presented at any branch by a 3rd party. Other services available to accountholders are Balance Enquiry and Account Statement at remote branches.

Allied Online provides a secure, efficient and convenient facility for making payments to beneficiary accounts from any of our branches country-wide. It can be used for cash management services by corporate customers requiring funds collection or disbursement facility.

4.DIRECT INTERNET BANKING:

Banking at your fingertips! Allied Direct Internet Banking offers you the convenience to manage and control your banking and finances - when you want, where you want to! It's Simple, Convenient, Secure and Faster. So, just get clicking.

Some features of Allied Direct are:

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MONEY AND BANKING • Simple and Convenient Easier navigation and help provided at every step so you can have most out of this service. With Allied Direct convenience is just a click away.

• Secure and Faster Secured & encrypted with latest tools and technologies, Allied Direct is the choice for secure and fast Internet Banking.

• 24x7 Access You now have access to your account 24 hours a day, 7 days a week. You transfer funds or even pay bills even if it's a holiday.

To use Allied Direct Internet Banking, you should be a registered Allied Bank Account holder with a valid ATM Card. If you do not have an account, please visit any of our nearest branches and open your account and obtain an ATM Card. Our friendly branch staff will help you open your account quickly.

5. HELPLINE :

Since the launching of Allied Cash+ Debit Card on January 27th 2003, Allied Bank embarked on the path of value added consumer products. Customer related services were being provided through our ATM-Wing situated at Central Office Karachi.

As the numbers of AlliedCash+ Card increased, so did the services related inquiries, complaints and requests from our customer. Hence,

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MONEY AND BANKING to facilitate and to offer Quality Service to our customer, Allied Bank decided to provide Toll Free Number Customer Services through 0800-22522.

Visa credit card:

Allied Bank as part of its commitment to improving customer service is in the process of launching its new Allied Visa Credit Card from July 1, 2008.

Accordingly, all existing ABL MasterCard credit cards will be blocked/inactivated by June 30, 2008 preventing any future transactions on those cards. To assist customers in this process, Allied Bank will be contacting its customers/cardholders directly and through personal visits from duly authorised representatives for the purposes of obtaining consent and other related documentation including copies of CNICs. Any balances remaining on the ABL Mastercard will after compliance with formalities, be transferred to the new Allied Visa Credit Card to avoid any inconvenience to existing customers. Please do not hand over any original documents or any Credit Card to any of our representative. Allied Bank thank its customers for their cooperation and apologises for any inconvenience caused.

We welcome our customers to the new world of Allied Visa Credit Cards and related benefits and privileges.

Lending products:

1. seasonal finance: Seasonal Finance facility is allowed against pledge of produce of Cash Crops harvested in that particular crop season. The delivery of pledged stocks/goods is made against appropriate cash payment.

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MONEY AND BANKING 2. agricultural finance: Bank under Agricultural Financing Scheme envisaged by the State Bank Of Pakistan extends short, medium and long term, farm and non- farm credits. The farm credits are extended for production (inputs) and development purposes. Non-farm credits are allowed for livestock (goats, sheep and cattle), poultry, factory including social forestry and fisheries (inland and marine excluding deep sea fishing). Details are as below:

Farm Loans

Production Loans

• Inputs like seeds, fertilizers, pesticides, weedicides, herbicides, labour charges, water charges, vegetables, Floriculture etc. • Working capital finance to meet expenses of various natures attributable to farming.

Development Loans

• Improvement of agricultural land, orchards, etc. • Construction of Godowns • Tractors, Machinery & other equipments • Tube wells • Farm Transportation etc

Non-Farm Loans

• Livestock • Poultry • Fisheries • Forestry

Development Loans/Finances (Term Loans)

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MONEY AND BANKING • Loan Tenure Up to 5 years Repayment Monthly/Quarterly/Bi Annual/

Customer Selection

• Should be a Pakistani & holding CNIC. • Preferably an a/c holder of ABL. • Permanent resident and self cultivator of the land. • Not a defaulter of any other Financial Institution/Clear ECIB. • Possesses good social and market reputation • Have Repayment Capacity • Able to produce proper securities

3.Import and export business/trade finance:

Allied Bank Provides highly efficient trade finance services for import/export business for our clients/customers through large number of authorized branches where trained and motivated staff is available to handle the business on behalf of customer.

4.Running finance:

It is a short term loan allowed by the bank for a period of one year. The running finance account can be operated and daily sale proceeds can be deposited into the account. The mark-up is recovered on the products of daily outstanding balance. The running finance is suitable for meeting day to day financial needs of the business.

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MONEY AND BANKING 5. demand finance: It is disbursed in lump-sum or in accordance with the agreed disbursement schedule and it is repayable as per the agreed installments, which could be monthly, quarterly, biannual or annual.

Corporate leasing:

Leasing is a popular mode of financing due to its distinctive features like tax shield, preserve working capital, easy documentation and less processing time. Lease applications are entertained at all Bank branches in Pakistan.