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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 1 ALLIED BANK LIMITED 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) 2 ALLIED BANK LIMITED 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 3 ALLIED BANK LIMITED 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. -
Banking Corporation Tax Allocation Percentage Report the NEW YORK CITY DEPARMENT of FINANCE PAGE: 1 2010 BANKING CORPORATION TAX ALLOCATION PERCENTAGE REPORT
2010 Banking Corporation Tax Allocation Percentage Report THE NEW YORK CITY DEPARMENT OF FINANCE PAGE: 1 2010 BANKING CORPORATION TAX ALLOCATION PERCENTAGE REPORT NAME PERCENT AAREAL CAPITAL CORPORATION 100.00 ABACUS FEDERAL SAVINGS BANK & SUBS 88.56 ABN AMRO CLEARING BANK NV 4.64 ABN AMRO HOLDINGS USA LLC 100.00 AGRICULTURAL BANK OF CHINA 100.00 AIG FEDERAL SAVINGS BANK 100.00 ALLIED IRISH BANKS PLC 100.00 ALMA BANK 100.00 ALPINE CAPITAL BANK 100.00 AMALGAMATED BANK 93.82 AMERASIA BANK 100.00 AMERICAN EXPRESS BANK FSB 1.67 AMERICAN EXPRESS BANKING CORPORATION 100.00 AMERIPRISE BANK FSB .21 ANGLO IRISH NEW YORK CORPORATION 100.00 ANTWERPSE DIAMANTBANK NV 100.00 AOZORA BANK LTD 100.00 APPLE FINANCIAL HOLDINGS INC 53.45 ARAB BANK P L C_NEW YORK AGENCY .28 ARAB BANKING CORPORATION 100.00 ARMOR HOLDCO INC 88.51 ASIA BANCSHARES INC & SUBSIDIARIES 100.00 ASTORIA FINANCIAL CORPORATION 18.55 ATLAS SAVINGS & LOAN ASSOCIATION 100.00 AURORA BANK FSB FKA LEHMAN BROTHERS BANK FSB 3.03 AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 1.01 BANCA MONTE DEI PASCHI DI SIENA SPA .11 BANCO BILBAO VIZCAYA ARGENTARIA 1.68 BANCO BRADESCO SA .09 BANCO DE BOGOTA 9.75 BANCO DE LA NACION ARGENTINA .21 BANCO DE LA REPUBLICA ORIENTAL DEL URUGUAY 100.00 BANCO DE SABADELL SA 100.00 BANCO DEL ESTADO DE CHILE 100.00 BANCO DO BRASIL SA 100.00 BANCO DO ESTADO DO RIO GRANDE DO SUL SA ("BANRISUL") 100.00 BANCO ESPIRITO SANTO S.A._AND SUBSIDIARY 1.12 BANCO INDUSTRIAL DE VENEZUELA 66.39 BANCO ITAU SA 100.00 BANCO LATINOAMERICANO DE COMERCIO EXTERIOR EXTERIOR SA .52 BANCO POPULAR -
Allied Irish Banks, P.L.C., New York Branch – Tailored Resolution Plan
Allied Irish Banks, p.l.c., New York Branch – Tailored Resolution Plan Executive summary (1) Describe the key elements of the covered company’s strategic plan for rapid and orderly resolution in the event of material financial distress at or failure of the covered company. Allied Irish Banks, p.l.c. (AIB) is submitting this plan as part of the third group of filers, generally those subject to the rule with less than $100 billion in total U.S. non-bank assets. AIB is currently 99.8% owned by the Irish Government and has been designated as one of Ireland’s two pillar banks. Allied Irish Banks, p.l.c. (AIB) does not maintain any non-bank material entities or core business lines in the U.S. The only active presence AIB currently has in the U.S. is its New York branch, which is licensed by the New York State Department of Financial Services (NYSDFS) and represents approximately 0.53% of AIB’s global balance sheet. As such, AIB New York is not an operation whose discontinuance or disorderly wind-down would have a material impact on or pose a threat to the financial stability of the U.S. As a result of the recent worldwide financial crisis and pursuant to Ireland’s EU/ECB/IMF Troika bail-out program, AIB was directed to identify and de-leverage non-core assets from its balance sheet. As part of this process, the Not- for-Profit credit business in AIB’s New York branch was deemed to be non-core and the branch has consequently engaged in an active reduction of its NY assets resulting in the orderly reduction of the branch’s business to its current levels: Balance Sheet decreased by 97% Loans decreased by 85% Securities issued or guaranteed by U.S. -
Svenska Handelsbanken
Annual Report 2001 Svenska Handelsbanken THE ANNUAL GENERAL MEETING OF SVENSKA HANDELSBANKEN will be held at the Grand Hôtel, Vinterträdgården, Royal entrance, Stallgatan 4, Stockholm, at 10.00 a.m. on Tuesday, 23 April 2002. NOTICE OF ATTENDANCE AT ANNUAL GENERAL MEETING Shareholders wishing to attend the Meeting must: • be entered in the Register of Shareholders kept by VPC AB (Swedish Central Securities Depository and Clearing Organisation), on or before Friday, 12 April 2002, and • give notice of attendance to the Chairman's Office at the Head Office of the Bank, Kungsträdgårdsgatan 2, SE-106 70 Stockholm, telephone +46 8 701 19 84, or via the Internet www.handelsbanken.se/bolagsstamma (Swedish only), by 3 p.m. on Wednesday, 17 April 2002. In order to be entitled to take part in the Meeting, any share- holders whose shares are nominee-registered must also request a temporary entry in the register of shareholders kept by the VPC. Shareholders must notify the nominee about this well before 12 April 2002, when this entry must have been effected. DIVIDEND The Board of Directors recommends that the record day for the dividend be Friday, 26 April 2002. If the Annual General Meeting votes in accordance with this recommendation, the VPC expects to be able to send the dividend to shareholders on Thursday, 2 May 2002. PUBLICATION DATES FOR INTERIM REPORTS January–March 22 April 2002 January–June 20 August 2002 January–September 22 October 2002 Svenska Handelsbanken AB (publ) Registered no. 502007-7862 www.handelsbanken.se Contents HIGHLIGHTS OF THE YEAR 2 THE GROUP CHIEF EXECUTIVE’S COMMENTS.......... -
EMS Counterparty Spreadsheet Master
1 ECHO MONITORING SOLUTIONS COUNTERPARTY RATINGS REPORT Updated as of October 24, 2012 S&P Moody's Fitch DBRS Counterparty LT Local Sr. Unsecured Sr. Unsecured Sr. Unsecured ABN AMRO Bank N.V. A+ A2 A+ Agfirst Farm Credit Bank AA- AIG Financial Products Corp A- WR Aig-fp Matched Funding A- Baa1 Allied Irish Banks PLC BB Ba3 BBB BBBL AMBAC Assurance Corporation NR WR NR American International Group Inc. (AIG) A- Baa1 BBB American National Bank and Trust Co. of Chicago (see JP Morgan Chase Bank) Assured Guaranty Ltd. (U.S.) A- Assured Guaranty Municipal Corp. AA- Aa3 *- NR Australia and New Zealand Banking Group Limited AA- Aa2 AA- AA Banco Bilbao Vizcaya Argentaria, S.A. BBB- Baa3 *- BBB+ A Banco de Chile A+ NR NR Banco Santander SA (Spain) BBB (P)Baa2 *- BBB+ A Banco Santander Chile A Aa3 *- A+ Bank of America Corporation A- Baa2 A A Bank of America, NA AA3AAH Bank of New York Mellon Trust Co NA/The AA- AA Bank of North Dakota/The AA- A1 Bank of Scotland PLC (London) A A2 A AAL Bank of the West/San Francisco CA A Bank Millennium SA BBpi Bank of Montreal A+ Aa2 AA- AA Bank of New York Mellon/The (U.S.) AA- Aa1 AA- AA Bank of Nova Scotia (Canada) AA- Aa1 AA- AA Bank of Tokyo-Mitsubish UFJ Ltd A+ Aa3 A- A Bank One( See JP Morgan Chase Bank) Bankers Trust Company (see Deutsche Bank AG) Banknorth, NA (See TD Bank NA) Barclays Bank PLC A+ A2 A AA BASF SE A+ A1 A+ Bayerische Hypo- und Vereinsbank AG (See UniCredit Bank AG) Bayerische Landesbank (parent) NR Baa1 A+ Bear Stearns Capital Markets Inc (See JP Morgan Chase Bank) NR NR NR Bear Stearns Companies, Inc. -
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. -
COMPARATIVE ANALYSIS of FINANCIAL PERFORMANCE and GROWTH of CONVENTIONAL and ISLAMIC BANKS of PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar
COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE AND GROWTH OF CONVENTIONAL AND ISLAMIC BANKS OF PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar. Email: [email protected] Wali Rahman, Associate Professor, Sarhad University of Science & IT, Peshawar. Email: [email protected] Saeedullah Jan, Khushal Khan Khattak University, Karak. Email: [email protected] Mustaq Khan, Abasyn University of Science & IT, Peshawar Email: [email protected] Abstract. Various types of the banking system are operating in the world. The most commons are conventional and Islamic. Customers evaluate these systems before they decide in invest. The prime aim of this study is to assess and compare the financial performance and growth of conventional and Islamic banks operating in Pakistan. Banks offer different types of products and services for the satisfaction of customers for their financial needs. Conventional banking is based on interest while Islamic banking offers interest-free banking. To compare their respective performance financial ratios are applied. In Pakistan, Habib Bank Limited and Allied Bank Limited are typical examples of the conventional banking whereas Dubai Islamic Bank Limited and Meezan Bank Limited are operating as Islamic banking. Three (03) years data were obtained from the “Financial Statement Analysis of Financial Sector of Pakistan 2009-2011” State Bank of Pakistan publication. The analyses reflect that the liquidity ratio of Islamic banks appeared higher as compared to conventional banks, whereas the profitability and solvency ratios of conventional banks were comparatively higher than Islamic banks. Debt to asset ratio of Islamic banks seemed better than conventional banks due to low debt financing. Also, with regard to expansion, the growth rate of Islamic banks in Pakistan is comparatively higher than conventional banks. -
Allied Irish Banks
CASE STUDY Allied Irish Banks The Customer Allied Irish Banks is a digital banking institution with multiple award-winning applications for mobile banking. It came into existence in 1966 as a result of the amalgamation of three other banks, and currently has more than 300 branches and head-office sites with more than 500 offsite ATMs and merchant devices. With a focus on supporting economic recovery in Ireland, AIB provides banking services to individuals and businesses—particularly small to medium Customer: Allied Irish Banks (AIB) has enterprises. Personal banking services range from mortgages to insurance to its headquarters in Dublin and more investments, and business services include credit cards, merchant services, than 40 branches throughout Ireland. financing, and pension and retirement funds. Challenges: AIB needed to upgrade its DNS, DHCP, and IP address The Challenge management capabilities, and was The majority of AIB’s banking transactions take place away from the branch looking for a more easily managed, counter today, and the bank is working to add technology to its branch more economical solution than the locations with self-service kiosks and intelligent deposit devices, and to legacy Vital QIP system in place. enhance its mobile and online banking services. Solutions: AIB’s network supports internal financial systems and external customer- • Infoblox Grid™ technology facing systems, which makes the management of Domain Name System • Infoblox DDI (DNS), Dynamic Host Configuration Protocol (DHCP), and IP address management (IPAM) extremely critical. When asked what the consequences Results: of a network failure would be, Daniel Turner, network planner for the • Reduced licensing costs Telecoms group within AIB IT, says, “We wouldn’t be able to operate • Increased management efficiency effectively—back to paper transactions!” • Reliable, trouble-free operations The bank already had a commercial-grade solution in place that utilized • Quick and easy upgrades Alcatel-Lucent Vital QIP for internal IPAM and a solution from another vendor for external. -
Information Memorandum ALLIED IRISH BANKS, P.L.C
Information Memorandum ALLIED IRISH BANKS, p.l.c. €5,000,000,000 Euro-Commercial Paper Programme Rated by Standard & Poor’s Credit Market Services Europe Limited and Fitch Ratings Ltd. Arranger UBS INVESTMENT BANK Issuing and Paying Agent CITIBANK Dealers AIB BARCLAYS BOFA MERRILL LYNCH CITIGROUP CREDIT SUISSE GOLDMAN SACHS INTERNATIONAL ING NOMURA THE ROYAL BANK OF SCOTLAND UBS INVESTMENT BANK The date of this Information Memorandum is 16 March 2016 Disclaimer clauses for Dealers, Issuing and Paying Agent and Arranger See the section entitled “Important Notice” on pages 1 to 4 of this Information Memorandum. IMPORTANT NOTICE This Information Memorandum (together with any supplementary information memorandum, and information incorporated herein by reference, the “Information Memorandum”) contains summary information provided by Allied Irish Banks, p.l.c. (the “Issuer” or “AIB”) in connection with a euro-commercial paper programme (the “Programme”) under which the Issuer acting through its office in Dublin or its London branch as set out at the end of this Information Memorandum may issue and have outstanding at any time euro-commercial paper notes (the “Notes”) up to a maximum aggregate amount of €5,000,000,000 or its equivalent in alternative currencies. Under the Programme, the Issuer may issue Notes outside the United States pursuant to Regulation S (“Regulation S”) under the United States Securities Act of 1933, as amended (the “Securities Act”). The Issuer has, pursuant to an amended and restated dealer agreement dated 16 March 2016 (the “Dealer Agreement”), appointed UBS Limited as arranger of the Programme (the “Arranger”), appointed Bank of America Merrill Lynch International Limited, Barclays Bank PLC, Citibank Europe plc, London Branch, Credit Suisse Securities (Europe) Limited, Goldman Sachs International, ING Bank N.V., Nomura International plc, The Royal Bank of Scotland plc and UBS Limited as dealers in respect of the Notes (together with Allied Irish Banks, p.l.c. -
Form 20-F Allied Irish Banks
Form 20-F (Mark One) REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ANNUAL REPORT PURSUANT TO SECTION 13 OR l5(d) OF X THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2008 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR l5(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10284 Allied Irish Banks, public limited company (Exact name of registrant as specified in its charter) Ireland (Jurisdiction of incorporation or organization) Bankcentre, Ballsbridge, Dublin 4, Ireland (Address of principal executive offices) Liam Kinsella, Company Secretary Allied Irish Banks, p.l.c. Bankcentre, Ballsbridge Dublin 4, Ireland Telephone no: +353 1 6600311 (Name, telephone number and address of Company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act Name of each exchange Title of each class on which registered Ordinary shares of EUR 0.32 each, represented by American Depositary Shares New York Stock Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act. None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. Ordinary shares of EUR 0.32 each 918,435,570 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. -
Snapshot of Results of Banks in Pakistan Snapshot of Results of Banks in Pakistan Six Months Period Ended 30 June 2016
KPMG Taseer Hadi & Co. Chartered Accountants Snapshot of results of Banks in Pakistan Snapshot of results of banks in Pakistan Six months period ended 30 June 2016 This snapshot has been prepared by KPMG Taseer Hadi & Co. and summarizes the performance of selected banks in Pakistan for the 6 months period ended 30 June 2016. The information contained in this snapshot has been obtained from the published consolidated financial statements of the banks and where consolidated financial statements were not available, standalone financials have been used. Reference should be made to the published financial statements of the banks to enhance the understanding of ratios and analysis of performance of a particular bank. We have tried to provide relevant financial analysis of the banks which we thought would be useful for benchmarking and comparison. However, we welcome any comments, which would facilitate in improving the contents of this document. The comments may be sent on [email protected] Dated: 23 September 2016 Karachi © 2016 KPMG Taseer Hadi & Co., a Partnership firm registered in Pakistan and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 2 Document Classification: KPMG Public HBL NBP UBL MCB ABL BAF 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 Ranking By total assets 1 1 2 2 3 3 4 4 5 5 6 6 By net assets 1 1 2 2 3 3 4 4 5 5 7 7 By profit before tax 1 1 4 4 2 3 3 2 5 5 7 8 Profit before tax * 28,298 -
CREATING SUSTAINABLE SERVICE RELATIONSHIPS in the POST-MODERN CONTEXT a Case Study of Svenska Handelsbanken
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Göteborgs universitets publikationer - e-publicering och e-arkiv International Business Programme Master Thesis No 2003:53 CREATING SUSTAINABLE SERVICE RELATIONSHIPS IN THE POST-MODERN CONTEXT A case study of Svenska Handelsbanken David Kling-Wahlby & Ana Lulic Graduate Business School School of Economics and Commercial Law Göteborg University ISSN 1403-851X Printed by Elanders Novum ABSTRACT Today it is arguably so that we live in a post-modern society. This is said to have effects on the customers’ behaviour and, if so, the companies must adapt to this. At the same time it can be seen that the service sector is becoming larger and sometimes mature and over- supplied. Further, new technology has also increased the possibilities for service companies to offer their service through impersonal communication channels. All this has led to companies adapting a more relational, rather than transactional, approach towards the customer. Consequently, the purpose of the study is to develop a model that explains how and in what ways a service company can create sustainable relationships and illustrate how service offerings could be delivered to customers within a post-modern context. In order to visualise this relationship process a theoretical model has been developed. Our model is based on theories regarding post-modernism, service marketing, relationships, resources & capabilities and service quality. This model indicates that the prerequisite for a relationship to exist is that the customers perceive that there is service quality in the company’s offering. This will in turn enable the customer to feel the existence of relationship quality, which in turn leads to loyalty and consequently, a sustainable relationship.