BANKBANK

Bank is an institution or organization which Bank is an institution or organization which

accepts deposits, lend loans and offers accepts deposits, lend loans and offers related services.related services.

Basic bank accounts, are current accounts Basic bank accounts, are current accounts and longer-term savings accounts. and longer-term savings accounts.

Presentation:Presentation:ALLIED BANK LIMITEDALLIED BANK LIMITED

Presented by : Presented by : Khadija RehmanKhadija Rehman Subhan-ud-DinSubhan-ud-Din Gohar RehmanGohar Rehman

GROUP GROUP

LL

HISTORYHISTORY

In the early 1940s, the muslim community was beginning to realize the need for its active participation in the fields of trade and industry. As hindus were dominating them in industry trade and commerce field. And a rumor was popularly and had a wrongly believed that muslims were temperamentally unsuited for this profession.

It was particularly upsetting for Khawaja Bashir to hear that “Muslims could not be successful bankers”. He decided to step-up to that challenge and take the lead of establishing the first Muslim bank by the name Australasia Bank Limited in Punjab, which was to become Pakistan in December 1942 and LATER ON Sarhad Bank Ltd, Lahore Commercial Bank Ltd and Pak Bank Ltd were merged.

INTRODUCTIONINTRODUCTION

Allied Bank has a Registered Offices in Karachi and Allied Bank has a Registered Offices in Karachi and Lahore. It is one of the largest banks within the country with Lahore. It is one of the largest banks within the country with over 800 branches connected to an online network. It was over 800 branches connected to an online network. It was the first Muslim Bank Established in Pakistan before the first Muslim Bank Established in Pakistan before Partition (1942) with the name of Australasia Bank. It was Partition (1942) with the name of Australasia Bank. It was Named as Allied Bank of Pakistan from Australasia Bank Named as Allied Bank of Pakistan from Australasia Bank Limited in 1974 ,Limited in 1974 ,

In the beggining the Australasia Bank in Lahore had a In the beggining the Australasia Bank in Lahore had a paid-up share capital of Rs. 0.12 million under the paid-up share capital of Rs. 0.12 million under the Chairmanship of Khawaja Bashir, the Bank attracted Chairmanship of Khawaja Bashir, the Bank attracted deposits equivalent to Rs. 0.431 million in its first eighteen deposits equivalent to Rs. 0.431 million in its first eighteen months of business.months of business.

Today, Allied Bank's paid up Capital & Reserves exceed Today, Allied Bank's paid up Capital & Reserves exceed Rs. 13 billion, deposits exceed Rs. 325 billion and total Rs. 13 billion, deposits exceed Rs. 325 billion and total assets exceed Rs. 418 billion.assets exceed Rs. 418 billion.

PRODUTS OF ABL PRODUTS OF ABL ABC cash cards ABC cash cards Allied bank master cardsAllied bank master cards Allied bills payment facilityAllied bills payment facility Money Transfer Money Transfer PLS Account PLS Account Allied Business Account Allied Business Account

Allied rising starAllied rising star Allied Ba’Ikhtiyar Allied Ba’Ikhtiyar Rewarding Term Deposit Rewarding Term Deposit Rewarding Profit Account Rewarding Profit Account Allied Bachat Scheme Allied Bachat Scheme

ALLIED BANK MASTER CARDSALLIED BANK MASTER CARDS

Worldwide Acceptance CardWorldwide Acceptance Card Payment ConveniencePayment Convenience

Cash withdrawal 20,000 per Cash withdrawal 20,000 per day day

Allied Balance TransferAllied Balance Transfer Flexible PaymentFlexible Payment

ADVANTAGES ADVANTAGES

Don’t need to carry a lot of cash Don’t need to carry a lot of cash Safe and secure transactionsSafe and secure transactions Enable to make purchases.Enable to make purchases.

Money TransferMoney Transfer S.W.I.F.T. Transfer : S.W.I.F.T. Transfer : Electronic remittance Electronic remittance

service of banks worldwideservice of banks worldwide Telegraphic Transfer: Telegraphic Transfer: Transfer service using Transfer service using

machinemachine HAGIBIS Overseas Remittance  ProgramHAGIBIS Overseas Remittance  Program

which include:which include: Credit to AccountCredit to Account: : The remittance is credited The remittance is credited

to a bank account in the Philippinesto a bank account in the Philippines Door-to-Door Cash DeliveryDoor-to-Door Cash Delivery: : Delivery of Delivery of

cash to your beneficiary's doorstep in key cash to your beneficiary's doorstep in key cities.cities.

Door-to-Door CheQUE Delivery: Door-to-Door CheQUE Delivery: Delivery of Delivery of cheque payments to your beneficiary's cheque payments to your beneficiary's doorstep in areas with Allied Bank branch.doorstep in areas with Allied Bank branch.

PAGAR Payments: PAGAR Payments: Payment to your Payment to your beneficiary is done at our bank counters.beneficiary is done at our bank counters.

PLS AccountPLS Account Attractive return of up to 5.00% Attractive return of up to 5.00%

per yearper year Free Cash Deposit / Withdrawal / Free Cash Deposit / Withdrawal /

account to account transfer within account to account transfer within city. city.

Free Online Transactions, Free Online Transactions, for depositors maintaining an for depositors maintaining an

average balance of Rs. 2.500 average balance of Rs. 2.500 (Million) & above (Million) & above

Free issuance of cheque book at Free issuance of cheque book at the time of account opening.the time of account opening.

Allied Business AccountAllied Business Account Free Pay OrdersFree Pay Orders Free Demand DraftsFree Demand Drafts Free DepositFree Deposit Free WithdrawalsFree Withdrawals Free Funds TransferFree Funds Transfer Free Telephonic Free Telephonic

TransferTransfer Free Internet BankingFree Internet Banking No Cheque return No Cheque return

chargescharges

Allied Ba’IkhtiyarAllied Ba’Ikhtiyar A term deposit scheme which gives A term deposit scheme which gives

the flexibility to choose the profit the flexibility to choose the profit payment frequency of your term payment frequency of your term deposit. Investment can be made deposit. Investment can be made with the minimum of PKR 25,000 .with the minimum of PKR 25,000 .

Account Type: Term Deposit Account Type: Term Deposit  Term Period: 12 months Term Period: 12 months  Investment: Rs.25,000 & above Investment: Rs.25,000 & above  Profit: Profit:

Advance/Monthly/Quarterly/Half Advance/Monthly/Quarterly/Half Yearly/Yearly Yearly/Yearly 

Eligibility: Individuals & InstitutionsEligibility: Individuals & Institutions

RATE OF PROFITRATE OF PROFIT

Profit Profit Payment Payment FrequencyFrequency

AdvanceAdvance MonthlyMonthly QuarterlyQuarterly Half YearlyHalf Yearly Maturity/ Maturity/ YearlyYearly

Profit Rate Profit Rate - - 10.00% 10.00% 10.10% 10.10% 10.20% 10.20% 10.50% 10.50%

Total Profit Total Profit Amount Amount

Rs.9,500 Rs.9,500 Rs.833 Rs.833 Rs.2,525 Rs.2,525 Rs.5,100 Rs.5,100 Rs.10,500 Rs.10,500

Rewarding Term Deposit Rewarding Term Deposit A term deposit scheme which A term deposit scheme which

gives a high rate of return and gives a high rate of return and the flexibility of various tenure. the flexibility of various tenure. Investment can be made with the Investment can be made with the minimum of PKR 25,000 only. minimum of PKR 25,000 only.

Account Type: Term DepositAccount Type: Term Deposit Term Period: 1-6 months Term Period: 1-6 months  Investment: Rs. 25,000 & above Investment: Rs. 25,000 & above  Profit: Payable on maturity Profit: Payable on maturity  Eligibility: Individuals & Eligibility: Individuals &

InstitutionsInstitutions

DEPOSIT AMOUNTDEPOSIT AMOUNT

1 1 

MonthMonth 3 3 

MonthsMonths 6 6 

MonthsMonths

Rs.25,000 to less than Rs.25,000 to less than Rs.10 million Rs.10 million

8.50%p.a8.50%p.a 9.25%p.a 9.25%p.a 9.25%p.a 9.25%p.a

Rs.10 million to less Rs.10 million to less than Rs.100 million than Rs.100 million

9.00%p.a9.00%p.a 10.00%p.a10.00%p.a 10.00%p.a10.00%p.a

Rs.100 million & Above Rs.100 million & Above 9.50%p.a9.50%p.a 10.50%p.a 10.50%p.a 10.50%p.a 10.50%p.a

RATE OF PROFITRATE OF PROFIT

Rewarding Profit AccountRewarding Profit Account Rewarding Profit Account is Rewarding Profit Account is

introduced for the customers introduced for the customers who have liquidity and can who have liquidity and can manage to maintain sizeable manage to maintain sizeable monthly average balance and monthly average balance and earn greater profit on it.earn greater profit on it.

Account type: Chequing Account type: Chequing  Profit: Payable on monthly Profit: Payable on monthly

basis basis  Eligibility: Individuals, and Eligibility: Individuals, and

institutionsinstitutions

RATE OF PROFITRATE OF PROFIT

Rewarding Profit AccountRewarding Profit Account

Rs.10 million to less than Rs. 50 million Rs.10 million to less than Rs. 50 million 7.00%7.00%

Rs.50 million to less than Rs. 100 million Rs.50 million to less than Rs. 100 million 8.00%8.00%

Rs.100 million to less than Rs. 250 million Rs.100 million to less than Rs. 250 million 8.50%8.50%

Rs.250 million and above Rs.250 million and above 9.50%9.50%

Allied Bachat Scheme Allied Bachat Scheme Allied Bachat Scheme is a PLS Term Allied Bachat Scheme is a PLS Term

Deposit Scheme based deposit Deposit Scheme based deposit scheme whereby you can double your scheme whereby you can double your investment in just 7.5 years investment in just 7.5 years

Maturity Period:Maturity Period: 7.5 years   7.5 years   Minimum Deposit:Minimum Deposit: Rs. 50,000/- with  Rs. 50,000/- with

multiples of Rs. 10,000/multiples of Rs. 10,000/ Expected rate of Profit:Expected rate of Profit:The deposit The deposit

amount will be doubled in 7.5 yearsamount will be doubled in 7.5 years

ABC CASH CARDABC CASH CARD Maximum/total loadable amount of the card is 100,000 per month. ABC Cash Card can be used for: • Purchasing goods and services via Point-for-Sale (POS) • Loan releases / payments • ATM transactions • Student allowance • Bills Payment • Fund Transfer • Gift • Plus many more!!!