Alfalah bank ltd.
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Transcript of Alfalah bank ltd.
GROUP MEMBERS
• ERUM ABID• MADIHA AHMED• NAVEEN NAQVI• NUMRAH SOHAIL• SAMINA FATIMA
BANK ALFALAH LIMITED
HISTORICAL OVERVIEW
Erum Abid
Bank Alfalah Limited was incorporated on June 21st, 1992 as a public limited company .
The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962.
With a partnership with the Abu Dabi Group the position of the bank became stronger.
VISIONTo be the premier organization operating locally & internationality that provides the complete range of financial services to all segments under one roof.
Erum Abid
MISSIONTo develop & deliver the most innovative products, manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability, thus providing value to the stakeholders of the bank.
Erum Abid
CURRENT ACCOUNT
Samina Fatima
● Minimum account opening is
Rs. 10,000 only.
● Noninterest bearing checking
account.
● Debit card can be used to withdraw
cash and make purchases.
● No restriction on no. of
withdrawals and on no. of
deposits.
Samina Fatima
PLS SAVINGS ACCOUNT
● Profit & Loss Sharing Saving
Bank Account.
● Minimum account opening is
Rs. 5,000 only.
● Profit on saving accounts is
credited to the customer
account on half-yearly basis.
Samina Fatima
BASIC BANKING ACCOUNT● Initial deposit for account
opening is Rs. 1,000 with no
minimum balance requirement.
● Noninterest bearing checking
account.
● Maximum 2 deposits & 2
withdrawals through cheque is
allowed.
Samina Fatima
LOCKERSThey provides safe deposit locker facility to its
customers for the safety of their valuable assets.
FEATURES● Small, medium & large size lockers.● Annual locker rent ranges from Rs.1000 to Rs.3, 500/-.● Locker rent is waived for customers maintaining a minimum deposit of Rs.2 million in a current account or Rs.4 million in a savings account.
Samina Fatima
REMITTANCEThey provide direct and indirect foreign currency
remittance facility around the world.
Samina Fatima
MONEY MARKET● Short term money market
inter-bank trading.
● Active Treasury Bills trading
in secondary market.
● Forward – forward inter-
bank money market trading.
● Money market linked lending
to and borrowing from
corporate clients.
Samina Fatima
FOREIGN EXCHANGE MARKET● Active trading in ready and
forward USD/PKR.
● Active quotations of foreign
exchange rates in fifteen major
currencies
● Active swap trading in USD/PKR
and other major currencies such
as EUR, GBP, JPY and CHF.
Samina Fatima
INVESTMENTS● Active Investment in treasury
bills (TBs).
● Active Trading in Pakistan
Investment Bonds (PIBs).
● Active investment in
Certificate of Investment (COIs)
● Active investment in Terms
Finance Certificates (TFCs).
Samina Fatima
MONEY GRAMBank Alfalah, in collaboration with Money Gram, offers
remittance service to Pakistan.
CONSUMER FINANCING“Any financing allowed to individuals for meeting their
personal, family or household needs”.
It is the type of services that is designed to provide the individuals with necessary finance for personal purchases .
Madiha Ahmed
CREDIT CARDSA credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services.
Credit card is categorize into two:1. VISA CARD2. MASTER CARD
Madiha Ahmed
VISA V/S MASTER CARDThey are two different companies.
Neither Visa nor MasterCard actually issue credit cards themselves or deals with consumers or merchants directly.
Instead, they create and run the worldwide computer networks that process the billions of transactions .
Both companies make their money from financial institutions to whom they license the ability to market the MasterCard or Visa system to consumers and merchants.
Madiha Ahmed
VISA CARDS BY ALFALAH BANK PLATINUM CARD• Alfalah VISA Platinum Card lets you pay for shopping, travel, entertainment, meals
and much more.• It is accepted at nearly 30 million locations in more than 200 countries around the
globe .• You have access to cash at more than 1 million ATMs worldwide.
GOLD/SILVER CARD• A perfect card combination for all segments of salaried &
professional individuals.
SUPPLEMENTARY CARD• Basic card member can apply for supplementary cards in separate categories
including Son’s Card, Daughter’s card and House Staff’s card. • Give cards to children with fixed spending limit and feel free of the tension of giving
them allowances and monitoring their spending habits.• This feature has been introduced for the first time in Pakistan.
PLATINUM CARD• Bank Alfalah has started issuing MasterCard Titanium
credit cards in Pakistan. It is the first bank in the country to issue Titanium credit card form MasterCard.
MASTER CARD BY ALFALAH BANK
Being the largest issuer of credit cards in Pakistan, Bank Alfalah Limited further aims is to provide even better quality services to its customers.
Madiha Ahmed
HOME LOANS
• Buy your home• Build your home• Renovate• Easy Transfer
Categories of Home Loans provided by Alfalah Bank is:
Madiha Ahmed
HILAL/DEBIT CARDThe Alfalah Hilal Card is an International Visa Debit Card which gives you an unlimited access to your current / savings account with a simple swipe, at millions of retail shops and ATMs, worldwide
• No Interest
• No Minimum Income Requirement all you need to do is open an account in any branch of Bank Alfalah Limited
• Accepted at more than 1.5 Million ATMs and nearly 30 Million retail outlets around the world.
BENEFITS
Madiha Ahmed
AUTO/VEHICLE LOAN
• Quickest processing.
• No hidden charges.
• Minimum down payment.
• Complete repayment at any point of time.
• Tenure period ranging from 1 to 5 years.
• Financing of all brand new locally assembled vehicles and used cars.
• Financing limit ranging between Rs. 200,000/- to Rs. 2000,000/- for brand new cars.
Madiha Ahmed
SWOT ANALYSISSWOT analysis is a strategic planning method used to evaluate Strengths, Weaknesses, Opportunities, and
Threats involved in a project or in a business venture.
Naveen Naqvi
STRENGTH • Young and Energetic Workforce. • Strong Financial Position.• Highly Qualified Employees.• Conducive Environment.• Govt. Support and Encouragement.• Fastest Growing Financial Institution.• Huge Expansion Plan.• Islamic Banking Division
Naveen Naqvi
WEAKNESSES • Inexperienced workforce.• Over work Load on Employees.• Employees are not very much Motivated.
Naveen Naqvi
Numrah Sohail
OPPORTUNITIES• Rapidly Growing Economy• Increased Interest Rates• Mega Projects Financing• Huge Demand for Consumer
Financing• Merger with UBL• Growing Trend for Islamic
Banking• Spending Practices of Mass
THREATS
• Uncertainty of economy• High Rate of Inflation• Trend of Mergers• Privatization of banks• Risk of Defaults
Numrah Sohail
CONCLUSION • They have moved rapidly in expanding their branch network.• Providing premier services at an affordable cost to their customers.• Their valued clients and the need for constant and effective communication of information.
Numrah Sohail
THANK YOU FOR YOUR
PRECIOUS TIME