Alfalah bank ltd.

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Transcript of Alfalah bank ltd.

Page 1: Alfalah bank ltd.
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GROUP MEMBERS

• ERUM ABID• MADIHA AHMED• NAVEEN NAQVI• NUMRAH SOHAIL• SAMINA FATIMA

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BANK ALFALAH LIMITED

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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.

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VISIONTo be the premier organization operating locally & internationality that provides the complete range of financial services to all segments under one roof.

Erum Abid

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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

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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.

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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.

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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.

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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.

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Samina Fatima

REMITTANCEThey provide direct and indirect foreign currency

remittance facility around the world.

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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.

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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.

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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).

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Samina Fatima

MONEY GRAMBank Alfalah, in collaboration with Money Gram, offers

remittance service to Pakistan.

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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

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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

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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

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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.

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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

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HOME LOANS

• Buy your home• Build your home• Renovate• Easy Transfer

Categories of Home Loans provided by Alfalah Bank is:

Madiha Ahmed

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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

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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

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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

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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

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WEAKNESSES • Inexperienced workforce.• Over work Load on Employees.• Employees are not very much Motivated.

Naveen Naqvi

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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

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THREATS

• Uncertainty of economy• High Rate of Inflation• Trend of Mergers• Privatization of banks• Risk of Defaults

Numrah Sohail

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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

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THANK YOU FOR YOUR

PRECIOUS TIME