Group Members

Leena Fatima BE-08-10

Nain Tara Bukhari BE-08-25

Abdul Mateen BE-08-47

Muhammad Asif BE-08-31

Hira Khurshed BE-08-48

Leena Fatima

BE-08-10

History

From January 01, 2011, Summit Bank Ltd and Atlas Bank Ltd have officially merged

The Bank has a network of 80 branches/Sub Branches

All branches are Online

Vision:To be the preferred provider of financial

products & services to the markets

Mission:To be a financial institution based on

Trust, Integrity, and Good Governance.To deliver financial solutions to our

customers.To provide fair return to our shareholders

on their investment.To serve the community at large.

Products and services

DepositSummit family saving

accountLoan & AdvancesHome FinanceInvestmentPersonal FinanceMahana Amdan

Mobile balance recharge service

Prepaid cardsATM WithdrwalsPersonal Accidental

InsuranceBance-InsuranceAmanat CashU-fone Mobile

Banking

Deposits

Current Account:

A non interest bearing account. Starter cheque book issued as the account is opened.Unlimited free of cost transaction facility.No deduction of Zakat.Choice of periodic statements (on monthly, quarterly,

half-yearly and annual basis) by post. Access to your account statement anytime through our

e-banking facility. Account transaction information through SMS.Free issuance of ATM card.Withdraw of cash through large network of ATMs.

PLS Saving Account:

Starter cheque book issued as the account is opened.Non-maintenance of the minimum average balance.Choice of periodic statements(on monthly, quarterly,

half-yearly and annually basis) by post. Access to your account statement anytime through our

e-banking facility. Account transaction information through SMS.Free issuance of ATM card.Withdraw of cash through large network of ATMs.

Daily Product Account:

money begins earning interest as soon as you make a deposit.

Interest is calculated on your daily closing balance.

The minimum amount required to open this account is Rs.25,000/-

MONTHLY RATE SHEETAPPLICABLE FOR THE MONTH OF MAY, 2011s

NATURE OF DEPOSITPAYMENT OF PROFIT EXPECTED RATE OF

PROFIT(PER ANNUM)

DAILY PRODUCT Profit payment on monthly basis 10.50%

1 Week Profit payment on maturity 9.00%

1Month Profit payment on maturity 10.50%

2Month Profit payment on maturity 11.0%

3Month Profit payment on maturity 11.75%

6 Month Profit payment on maturity 12.00%

1Year Profit payment on maturity 13.00%

Term Deposits:

Term Deposits are offered to Individuals , Minors , Charitable Institutions, Provident Fund & Other.

Institutions who have the intention of retaining their deposits for a fixed period for earning a higher rate of profit.

RATES OF EXPECTED PROFITFOR THE PERIOD "January to June, 2011" DEPOSIT CATEGORY DETAIL

RATE OF PROFIT (%age - Per Annum)

INDIVIDUALS CORPORATEFINANCIAL

INSTITUTIONS

       

PAK RUPEES DEPOSITS      

       

SAVING ACCOUNTS      

PLS Saving Account 5.00% 5.00% 5.00%

SHORT NOTICE TERM DEPOSITS      

Profit Payment on Maturity - Please see 'Notes' below

7-29 Days 5% 5% 5%

30 Days and Over 5% 5% 5%

       

PROFIT PAYMENT ON MATURITY      

(Please see note below)

1 Month 8.00% 8.00% 8.00%

3 Months 9.00% 9.00% 9.00%

6 Months 10.00% 10.00% 10.00%

1 Year 10.50% 10.50% 10.50%

2 Years 11.00% 11.00% 11.00%

3 Years 11.50% 11.50% 11.50%

4 Years 12.00% 12.00% 12.00%

5 Years 13.00% 13.00% 13.00%

       

PROFIT PAYMENT ON QUARTERLY      

(Please see note below)

Term Deposits for fixed period 1 Year 2 Years 3 Years

Term Deposit Regular 10.25% 10.75% 11.25%

     

 

Nain Tara Bukhari

BE-08-25

Hamara Summit Family Savings

How it Works What you getEligibility

Loaning

Lending to financial institutes

Call money lendings 3165000 Repurchase agreements lendings 298634 3463634

Rupee in 000

Securities held as collateral against lendings To financial institutesMarket Treasury Bills

Advances

Short term 18948325 Long term 6907761

Loans and advances to Directors,Associated companies

Debts due by directors, executives or officers of the bank or of them either severally or jointly with any person

Debts due by companies or firms in which the directors of the bank are interested as directors, partners or in case of private companies as member

Debts due by subsidiary companies,

Controlled firms, managed modarabas

And other related parties

Home Finance

Buy-a-HomeBuild-a-HomeHome RenovationPurchase of Land

& Construction

Abdul Mateen

BE-08-47

Personal Finance

Worried about how to meet all the expenses coming up at once?

Daughter's marriage Major Surgical Operation Credit Card Outstanding House Refurnishing New Laptop Passage Money for Son's Education

Personal Finance

Salient Features:

Loan AmountMaximum Rs. 1,000000/-Minimum RS. 25,000/-

Personal Finance

Salient Features:

Loan TenorMinimum 01 yearMaximum 05 years

Personal Finance

Salient Features:

Type of Loan Term Loan

Type of Facility Un-Secured

Type of Markup Fixed During Loan Term

Premature Payment Facility Available

Loan Enhancement Facility Available(Income based)

Investment

Federal Government Securities

2010 2009

Market Treasury Bills 1,25,63,679 86,98,346

Pakistan Investment Bonds 5,98,445 4,51,748

Investment

Fully Paid Up Ordinary Shares:

2010 2009

Listed Companies 10,77,260 8,08,418

Unlisted Companies 37,200 -

Mutual Funds Open Ends 3,00000 1,15,000

Mutual Funds Closed Ends - 5,3,244

Investment

Term Finance Certificates and Bonds:

Listed Term Finance Certificate 3,22,159 3,45,057

Unlisted Term Finance Certificate 2,49,600 14,99,700

Sukuk Bonds 9,05,482 6,05,304

Investment in Associates - 1,12,773

Total Investment at Cost 1,70,53,8251,26,89,590

Investment

Particulars of Investments in Ordinary Shares-Listed:

Name of Companies Total Nominal Value

(Rupees in 000)

2010 2009

Agri Tech Limited 9280 - Askari Commercial Bank Limited 37287

50000 Attock Pertroleum Limited - 601 Attock Refinery Limited - 530 Bank Alfalah Limited - 2000 D.G. Khan Cement Limited 5300 9570

Investment

Particulars of Investments in Ordinary Shares Listed:Fatima Fertilizer Company Limited 84651

-Fauji Fertilizer Bin Qasim Limited 5000 2900Fauji Fertilizer Company Limited 3013 250 First Capital Securities Corporation Limited 113080 -Hub Power Company Limited - 1000 Ibrahim Fibres Limited 1985 4665

Investment

Particulars of Investment in Ordinary Shares-Unlisted:  Rozgar Microfinance Bank Limited 53143 -

Particulars of Investment in Listed Term Finance Certificate-Face Value of Rs.5000/- each:

Allied Bank Limited 1,00000 1,00000

United Bank Limited 25000 50,000 Engro Corporation Limited 1,00000 1,00000 NIB Bank Limited 1,00000 1,00000

Investment

Particulars of Investment in Un-Listed Term Finance Certificates-Face Value of Rs.5000/- each:

Agritech Limited 5,00000 5,00000

Gujranwala Electric Power Company Limited 3,33,330 3,33,330

Islamabad Electric Power Company Limited 3,33,335 3,33,335

Faisalabad Electric Supply Company Limited 3,33,335 3,33,335

Muhammad Asif

BE-08-31

Mahana Amdan

Minimum Amount of Deposit Rs100,000 up-to Rs.20 million

All individuals and institutions other than Financial Institutions are Eligible

Period of Deposit 6 months & 1 - 3 Years

Profit is subject to Zakat, Withholding Tax and other taxes imposed from time to time, unless exempted.

Regular Declared TDR profit rates [for the last completed period of deposit] will be paid on premature encashements.

Rate of Profit

NOTES

These are not rack rates.All Terms & Conditions must be according to the

schemeThese rates are not applicable for any amount

less than Rs. 500,000/In case of any deposit of more than five millions,

the Treasury front office may be contacted for improvement of rates.

In case of pre mature encashment, the depositors will be paid at the rack rate of last complete tenor on the broken period.

Special Benefits Free ATM Card.Monthly Profit to be credited in Depositor's

Account and can be withdrawn through Cheque or ATM free of charge.

Deposit will be rolled over on maturity for same period at rates prevailing at the date of maturity, unless otherwise requested by the customer.

Free GSM Services [Customer will have an option to be informed of each transaction made in his/ her account via sms.

Free online Banking.Free Issuance of Pay Orders and Demand

Drafts.

Mobile Balance Recharge Service

Summit Bank presents Mobile Balance Recharge Service; the first, easiest and quickest way of recharging yours and your friend's and family's (FnF) mobile airtime for any network, anywhere, anytime

You can recharge your cell in two ways;Text MessageCall Center

Via SMS

From a Registered Cell / mobile number with the bank, send SMS to 0333 5555456Write: mr <space> first and last digit of the mobile network <space>, amount(for e.g for UFONE customers: mr ue 100)(or for WARID customers: mr wd 100)

For FnF

Write - mr <space> first and last digit of the mobile network <space>, amount <space> number of friend or family (for e.g for UFONE Customers: mr UE 100 0333 xxxxxxx) Send to SMS number 0333 5555456

Limit to Recharge

Daily Mobile Balance Recharge transaction limit via SMS is 5 transactions.

Daily Mobile Balance Recharge amount via SMS is Rs. 5,000/-

Via Call Center 1.Just call Summit Bank at 0800 24365 2.Provide your Account number & verification to our

Phone Banking officer. (PBO)3.Request the PBO for the Prepaid Electronic

Voucher for mobile network of choice.4.The PBO will instantly log your request (Maximum

top up value via Call Center is Rs. 100/-).5.Customer will receive PIN code on their registered

cell number via SMS.6.The denomination amount will automatically be

deducted from your account.

Summit Bank Prepaid Cards

The Summit Bank Prepaid Card is a stored value card that can be used for a wide range of payment purposes at all major merchant outlets across the city

Being equipped with convenient re-loadable features, this multi-purpose prepaid card is tantamount to carrying an electronic purse.

primary account holders can recharge their balances at any time of the day

The colorful and personalized look of the card makes it an excellent gift item - much more glamorous than impersonal envelopes of cash.

while the prepaid card can be used by all household members, it carries special deals and privileges for the younger members, Making it especially exciting for children and teenagers

Other Features

Local Acceptability at Key Merchant OutletsNo Transaction Fees for purchasesOn line shopping FacilityEmailing Facility linked through the web portal Blogging Facility linked through the web portalChatting Facility linked through the web portalFun and Learning linked through the web portalDownloading Entertainment & Education

through the above web portal

ATM withdrawal insurance

10 km / 1 hour – Feel Secure While Banking with Summit Bank. Summit Bank believes in giving you a complete sense of security in case of an unforeseen eventuality. With our ATM Withdrawal Insurance, you are provided protection at all 1 Link ATMs - 24 hours a day, 365 days a year.

The policy covers for 1 hour and or radius of 10 Km for the loss of cash by a way of armed holdup or forced deprivation from the card holder by using the ATM withdrawal server only.

Limit of Liability per card Rs 25,000/-. Deductible is 10% of sum covered on each and every loss

Average balance in Current Account - minimum Rs 25,000/- or Rs 50,000/ in Regular PLS Savings Account for at least 6 consecutive months. *Terms and Conditions apply

Hira Khursheed

BE-08-48

Personal Accidental Insurance:

"Personal Accidental Insurance" cover offers you insurance coverage 24 hours a day, 365 days a year at a low premium.

Summit Bank Limited and Pak Kuwait Takaful Company Limited present to you the "Personal Accidental Insurance" cover

Coverage:

Accidental Death,Permanent Disablement,Temporary Partial Disablement andMedical Expenses

Compensation:

Accidental Death, Permanent disablement, Temporary Partial DisablementRs 500,000/-

*Medical expensesRs 75,000/-*

Charges: *Free for the year 2010

Eligibility Criteria:

Average balance in Current Account - minimum Rs 25,000/- or Rs 50,000/ in Regular PLS Savings Account for at least 6 consecutive months.

:

Exclusion:

war, civil war, insurrection, rebellion, civil commotion, strike, act of terrorism or warlike operations;

suicide or intentional self-injury;kidnap, extortion, murder;under the influence of drug or alcohol;

Bancassurance:

Bancassurance" in French means the selling of insurance products bybanks through their own distribution channels.

We are proud to offer bancassurance products to our valued clients inassociation with American Life Insurance Company (Pakistan) Limited.

The following bouquet of products is offered to our

valued customers

The Graduate PlanThe Wedding PlannerGolden Age PlanGoals

Optional Rider's

Accident Care Benefit (ACB): Income Benefit Rider (IBR): Family Protection Rider (FPR):Level Term Insurance Rider:

Amanat Cash:

The main focus of Summit Bank is to facilitate the flow of remittances sent home by non-resident Pakistanis

Amanat Remittance Service is *FREE*.Summit Bank is the pioneer in Pakistan

with the Home Remittance service of a kind.

Automatic delivery of home remittances in beneficiary account/over the counter system in real time.

Development of reliable ATM Network to withdraw cash.

Development of integrated and secured payment system.

U-fone Mobile Banking:

Summit Bank has partnered with Ufone, to provide a wide range of banking services to all Summit Bank account holder.

What is Summit Bank Offering on Mobile Banking?

Summit Bank offers its customers’ Round-The-Clock Mobile Banking service.

All facilities can be accessed through a traditional mobile phone . Simply dial the short-code “*808#” to get started

Key Features available on Summit Bank’s Mobile Banking:

Airtime Top-ups (for Pre-Paid subscribers of Ufone)

Airtime Distribution (for Post-Paid subscribers of Ufone)

Utility Bill PaymentsBalance Inquiry