Faysal Bank of Pakistan Presentation

Faysal Bank of PakistanPresident & CEO                                           ChairmanNaved A. Khan                                                Syed Naseem Ahmad

Board of DirectorsLt.Gen. Muhammad Maqbool (Retd) Hassan Mohammed Mahmood Hassan Graham Roderick WalkerFarooq RahmatullahMohamed A. R. Hussain Shahid Ahmad

History of Faysal BankFaysal Bank Limited was incorporated in Pakistan on October 3, 1994, as a public limited company under the Companies Ordinance, 1984. Currently, the Bank's shares are listed on the Karachi, Lahore and Islamabad Stock Exchanges. Faysal Bank is engaged in Commercial, Consumer, Corporate and Islamic Banking activities. The Pakistan Credit Rating Agency Limited (PACRA) and JCR-VIS Credit Rating Company Limited have determined the Bank's long-term rating as 'AA' and short term rating as 'A1+'Following the acquisition of RBS Pakistan, Faysal Bank’s footprint has expanded to over 245 branches, with combined business assets of over PKR 250 billion, further strengthening its balance sheet and placing it amongst the top ten banks in Pakistan. Faysal Bank’s ambition is to provide par excellence service for its customers while meeting all their financial needs.

Group InformationIthmaar Bank B.S.C. (stock code "ITHMR") is licensed by the Central Bank of Bahrain and listed on the Bahrain Stock Exchange and the Kuwait Stock Exchange. It has a paid-up capital of US$598 million, total equity of US$1.1 billion and is a full service investment bank with its direct business covering the Middle East and North Africa (MENA) region, as well as South Asia, Asia-Pacific and Europe. Besides holding significant investments in the banking and financial service sectors in different markets, the main direct activities of the Bank include underwriting (equity and other financings), private equity (structuring, participation and portfolio management), Islamic financing and advisory services covering project financing, investments, capital markets and mergers & acquisitions. 

Ithmaar Bank's flagship subsidiaries and associates include Shamil Bank of Bahrain (headquartered in Bahrain), Ithmaar Development Company, Faysal Bank Limited (Pakistan), Faisal Private Bank (Switzerland), Sakana Holistic Housing Solutions, Solidarity (an Islamic insurance company), BBK B.S.C., Bahrain based First Leasing Bank, and Ithraa Capital (Saudi Arabia). For more information on Ithmaar Bank, please visit the Bank's website atwww.ithmaarbank.com..

Our Vision & MissionExcellence in all that we doTo excel in providing innovative, value based banking solutions to meet changing needs of customers and to strengthen the image of trust and reliability

Our Values Our daily code of conduct is exemplified by eight core values: Four threshold values — values at the heart of our brand. Four differentiator values — values that set our brand apart.

StrengthsIt resulted in a larger, stronger and much more versatile institution.In fact it has the highest share capital amongst private banks in Pakistan.The largest in terms of equity.

InnovationWe pioneer novel and more efficient ways to deliver solutions. We are dedicated to a culture of improvement and modernization. We stand for originality, in thought, in action and in belief. Our Innovation: Our Strength.

TeamworkWe function as a team. Within functions, we cooperate. Between functions, we collaborate. Together, we aim for excellence and leadership in our chosen markets.

Integrity

We are recognised by our reliability, credibility and character. We believe in ethical, honourable, time-proven principles of uprightness. We stand for and abide by honesty, truth and transparency.

ProfessionalismWe are proficient and efficient in all that we do. We provide banking services knowledgeably and skillfully. We uphold regulatory obligations. Our Professionalism: Our Competence

ResponsivenessWe are receptive to the need for change and improvement. We are proactive and anticipate our customers’ needs and wants. We act quickly to modify, adjust or prepare for new realities.

Products and ServicesWe are a progressive bank striving to offer innovative products, easy accessibility, quality service & convenience to our customers.

We offer customized financing solutions with flexible criteria and convenient loan tenures. You can avail car, home and personal loans through our various branches. We also offer a host of Corporate & Investment Banking Services to our clients, which include financial and corporate advisory services, along with a wide array of tools to help them achieve their goals.Products: Deposit

Saving accounts

Rozana Munafa Plus Account

Faysal Moavin Account

Faysal Premium Account

Faysal Izafa Account

Mahfooz Sarmaya

FCY Savinsg Plus Account

Consumer Loans:

Car Loans

Housing Loans

Corporate & Investment Banking:

Corporate Financing

SME Finance

Trade Finance

Treasury & Capital Markets

Agricultural Financing

Cash Management Services

Services: PocketMate Visa Debit Card

Travellers Cheques

Transfer of Funds

Safe Deposit Lockers

Non-Stop Banking

Pest AnalysisPolitical Situation:Political challengers also remained in the limelight during the year. Recent electionshave been one of the most watched for in our

history. Though the political environmentis likely to remain unstable for a while, we believe law and order situation is the most important conduit of its influence on the economic activity. As far as the

economic policies of different political parties are concerned, these are not easily distinguishable. Privatizing, deregulation and focus on foreign investment are the main pillars of economic policies of all the leading parties.

Technology:The bank also continued its policy of upgrading technology to meet the challenges ofmodern banking. During the year the bank achieved the distinction of having successful completed the mammoth project of changing of the core banking system commenced in 2005 and fully migrated to a modern centralized processing system SYMBOLS acquired from a reputable international vendor and being used by a large number of banks in Europe, Asia, the Middle East, and Africa. With the successful implementation of new centralized database system the bank is in the final stages of implementation of Oracle Financials that will give it significant MIS flexibility, ease of operation and improved internal controls. To address its need for modern technology based banking and for managing a 360degree view of its customers for better client service, the bank has now embarked upon implementing the world renowned Customer Relationship Management (CRM) solution Siebels and a FULL FUNCTIONAL Contact Centre. The bank has also initiated implementation of Oracle HRMS, a powerful human resource management system for effiThe bank with the assistance of independent reputable professional consultants, prepared and implemented a detailed Business Continuity Plan (BCP), Disaster Recovery Plan (DRP) and information System Security policies for its new technology platform under the guidelines provided by the State Bank OF Pakistan and ISO 1799/ BS7799.2:2002.

Economic Review:Pakistan’s economic continued to show resilience and strong performance. It grew by 7% in 2006-07 and is expected to grow by over 6% in 2007-08, which is one of the highest in the region. Investment a key determinant of growth reached a record level of 23% of GDP. This was mainly caused by higher FDI and a remarkable surge in investment in the local stock market and GDRs issues. Pakistan received USD 5.1 billion of FDI during FY07, which was 46% higher than FY06. Another encouraging aspect was the remarkable growth of 19.4% YOY in workers remittances during FY07 to reach USD 5.5 billion. However, higher commodity prices and a rising oil import bill are pushing inflation and the current account deficit.

SWAT Analysis

Strengths:FAYSAL bank has achieved marked success in its strategy of expanding and diversifying its customer base and launching new and innovative financial productsFaysal Bank has been operating in Pakistan since 1987 and is listed on the Karachi and Lahore Stock Exchanges. The bank has approximately 2000 employees, a branch network of 129 branches, 2 sub-branches, one sales and service centre and an ATM network of 93, in 38 cities across Pakistan. Faysal Bank’s strength is validated by its credit rating of AA (Double A) for long term and A1+ (A1 plus) for the short term assigned to it by both by PACRA and JCR VIS.

Weaknesses: But due to centralized system the approval of all the transactions has to taken from head office. Organizational structure of FAYSAL bank is Functional based. Every employee is responsible for his own operations and no co-ordination exists among departments.Most of the hiring is on contract basis.Promotion is slow. Salary package is not so much attractive.Clients of Faysal Bank are less in number as compare to its some competitors

Opportunities:FAYSAL bank is now looking in to new ways of providing banking service to its customers. New concept of mobile banking has been introduced by the bank, which will prove to be a remarkable success in the field of consumer banking group.Competition in the field of consumer banking has been intensified as large consumer banks continued to play a significant role in terms of products and services. FAYSAL bank is preparing for this competition by establishing a dynamic platform that will enabled it to launch a series of new products in years to come. This dynamic platform will be supported with a robust operational infrastructure and delivery mechanism.

Threats:Bank has to maintain a balance between its liabilities and assets structure. Turn Over rate is very high.The sad part is that our industrial base isn't growing and industrial demand for credit is, therefore, low. Banks is aggressively lending in the consumer sector. Cars, motorcycles, home mortgages. Industrial sector is the most powerful sector which can contributes towards assets of bank. But in Pakistan due to instability in economic condition this sector is not flourishing too much. As a result the rate of industrial loaning is also very low. If bank continues in advancing consumer loansthen it will become a threat for the assets of bank and resources of the bank willcontinue to be wasted. New incoming local and especially foreign banks are making tough competition among banks. The employees of Faysal Bank are Dissatisfied

CONCLUSION:

FAYSAL bank will remain an aggressive and innovative financial institution and continueto adhere to the tradition of understanding its customer’s needs and looking for newways to serve them. Further integration and productivity gains will result in strongerperformance in terms of revenue as well as service quality in the coming years. The strong leadership of Board and management and the relentless effort of the staff at FAYSAL bank will be able to offer more superior products and services to customers and to contribute more to economic and social development of Pakistan while developing a bigger future for it

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Habib Bank the Largest Banking Joint in PakistanBanking by Editorial Staff (April 16, 03:46 AM)

Habib Bank of Pakistan is well renowned brand among the financial institutions and having the very old history in banking

business; bank is also abbreviated as HBL executed its formal operation in the year of 1947. This bank not even has very

old tradition of functions but also have very wide network in Pakistan and till up to 2012 reached the landmark of 1450

branches country wide.

Habib Bank Limited has very wide range of customers encompasses approximately 5 million customers and primarily caters

the individual customer banking services and Islamic banking customers.

Habib Bank of Pakistan is also expand its banking and financial operations outside the countries and having 55 branches

particularly oversees Pakistani are the major customers of the bank.

This bank is providing the traditional banking services including the issuance of loan, cash deposit, credit card services,

saving products includes the saving account handling, foreign trade account management.

Major government institutions, offices and schools are the client of Habib bank and millions of personal customers, now in

the modern times bank also upgraded the services level to meet the highest standard of customer’s services.

So modern banking services includes the online banking facility, ATM & branch locator, call centers, mobile banking,

electronic fund transfer service and SMS alert services.

Al Habib young saver account is the innovative product catering the kids segment and money gram remittance service is

very popular in overseas Pakistanis

Vision and Mission

Vision

To be a quality financial service provider maintaining the highest standards in banking practices.

Mission

To be a strong and stable financial institution offering innovative products and services while contributing towards the National economic and social development.