my bank

Sir Riaz Ahmad Mian

ACKNOWLEDGMENT

M.Com. (Pb), M.B.A. (Pb) Email: riaz@puhcbf.edu.pk

GROUP:

• NIGAR ASLAMM10MBA014

• MISBAH AMJAD M10MBA061

• IRUM WAHEED M10MBA064

WELCOME TO MYBANK

Hailey College of Banking & Finance PU, Lahore.

IntroductionHistoryMission, vision &valuesBoard of DirectorsServices & ProductsFinancial schemesFinancial AnalysisSWOT & PEST AnalysisRecommendationsConclusionsQ & A

Contents :

NIGAR ASLAM

M10MBA014

INTRODUCTION : Incorporated in 1992. Its registered office is in

QUETTA. Its principal office is in

KARACHI. Its Paid Up capital is 5.303

billion. Listed on Karachi & Lahore

Stock Exchange. It provides Online banking,

GPRS & e-banking.

HISTORY : Incorporated as BOLAN

BANK Ltd. in 1992 Renamed as MyBank in

July, 2005 by SBP In March, 2004 controlling

interest was acquired by

Mr. Iqbal Alimohamed.In August, 2006 management

was taken over by

Mr. Muhammad Bilal Sheikh.

Vision :

Vision :

“To be the best Customer Service Bank in the country with highest Economic Value Added (EVA) through engaged and motivated People”

“To be the premier customer focused bank in the country recognized for superior service, innovative products and attractive returns to all stakeholders through optimal utilization of technology for service and product delivery. Superior and comfortable look and feel to the branches bringing world class standards to the local market through personalized attention”

Mission Statement :

Integrity

Customer Focus

Team Work

Innovation

Core Values :

Mr. Iqbal Alimohamed (Chairman)

Mr. Sohail Muzaffar (Vice Chairman)

President & CEO :

Mr. Muhammad Bilal Sheikh (President & CEO & Director)

Mr. Muhammad Iqbal Ebrahim (Director)

Mr. Afzal Ghani (Director)

Mr. Danish Iqbal (Director)

Mr. Mamnoon Ahmed Alvi (Director)

Board of Directors :Mr. Muhammad Bilal Sheikh

(President & CEO /Director)

Mr. Muhammad Bilal SheikhMs. Mona SultanMr. Faisal ShaikhaMr. Akhtar Ali KhanMr. Anis IqbalMr. Syed Nazir Hussain Mr. Tariq Idrees Mr. Kh. Tajammul Hussain Mr. Akhtar Aleem Syed Mr. Baber Saeed Khan Mr. Shaukat Ali Larik Mr. Imran Ahmed

Management Team :

CREDIT RATING :

The Bank enjoys "A-" (Single A Minus) for the medium to long term and "A2" (A two) for the short term entity ratings by Pakistan Credit Rating Agency Limited (PACRA).

BRANCH NETWORK

SERVICES

Call Centre Remittance Facility Utility bills collection Locker Facility SMS Banking E.TOPUp Online banking E-Banking

Services :

CALL CENTRE :

Services :

REMITTANCE FACILITY

MyBank is providing Remittance facility and Schedule Of Charges includes International Banking.

Also In Domestic Banking.

Services :

UTILITY BILLS COLLECTION

All branches of MyBank collecting Utility Bills authorized by WAPDA, KESC, SSGC, SNG, PTCL.

Collection time is from

9.00 am to 5.00 p.m. Bills are collected both by

cash and by Cheque.

Services :

LOCKER FACILITY

Lockers are available in 4 sizes.

SIZERENT

a) Small 1,000/-

b) Medium 1,500/-

c) Large 2,500/-

d) Extra Large 4,000/-

Services :SMS BANKING

Services :

Services : E. TOPUP (We deliver more than words)

MyBank  offers FREE etopup Service 24 ,7. You can recharge your mobile balance through your MYBL account.

Simply type:etopup  <space>  first  &  last letter of the mobile  network  <space> amount

Or for friends & family:etopup <space> first  &  last letter of  the  mobile  network <space> amount <space> desired friends & family number and SMS to 03122-692265

Services : ONLINE BANKING Now your Signature is valid countrywide

Now you can extend your business to different cities, without having an account in that city.

MyBank Online is a computerized system, linked through SBCN.

E – BANKING :

Services :

E-BANKING MyBank at your desktop

Visit any branch of MyBank and get your self a full package deal for Free, which includes E-banking, SMS-banking, Email-Alerts and Etopup Service.

MISBAH AMJAD M10MBA061

Deposit schemes Foreign trade Car financing My Sahoolat (My Dream Home) Easy credit scheme Agricultural finance

schemes My ATM

Products :

DEPOSIIT ACCOUNTS :

DEPOSIIT ACCOUNTS :

Basic Banking Account

Current Account

PLS Saving Deposits Account

Business Premium Account

Special Notice Deposit Account

Various Term Deposit Account

DEPOSIIT ACCOUNTS :

“Basic Banking Account” (BBA)

The initial deposit will be Rs. 1000. No limit on minimum balance. There is no fee for maintaining BBA. Maximum four deposit transactions and two

withdrawals per month are free of charges. Unlimited and free of charge ATM withdrawals. Statement of account will be issued once in a year.

DEPOSIIT ACCOUNTS :

Deposit Period Profit Rate

1 year 10.00% p.a.

2 years 10.25% p.a.

3 years 10.50% p.a.

Fixed Term Deposit Scheme    Profit Payable Monthly

DEPOSIIT ACCOUNTS :

Special Notice Deposit Account  

DEPOSIT PERIOD

AMOUNT PROFIT RATE

7 - 29 Days 50,000/= & Above

5.0 % p.a.

30 Days 50,000/= & Above

5.0 % p.a.

DEPOSIIT ACCOUNTS :

TERM DEPOSIT REGULARDEPOSIT PERIOD AMOUNT PROFIT RATE

1 MONTH 50,000 & Above 6.0% p,a.

3 MONTHS 50,000 & Above 7.0% p.a.

6 MONTHS 50,000 & Above 8.0% p.a.

1 YEAR 50,000 & Above 10.5% p.a.

2 YEARS 50,000 & Above 10.75% p.a.

3 YEARS 50,000 & Above 11.0% p.a.

DEPOSIIT ACCOUNTS :

PLS SAVING DEPOSIT ACCOUNT

AMOUNT PROFIT RATE

Any Deposit Amount 5.0% p.a.

Profit Calculated on Minimum Monthly Balance Payable Semi-Annually

DEPOSIIT ACCOUNTS :   Business Premium Account

DEPOSIT PERIOD AMOUNT PROFIT RATE

1 Year UPTO Rs. 5,000,000 5,0% p.a.

1 Year Rs. 5,000,001 to Rs. 10,000,000

6.0% p.a.

1 Year Rs. 10,000,001 to Rs. 25,000,000

6.5% p.a.

1 Year Rs. 25,000,001 or Above

10.35% p.a.

Profit Calculated on Daily Product Basis, and Payable Quarterly

DEPOSIIT ACCOUNTS :

SPECIAL DEPOSIT ACCOUNT

DEPOSIT PERIOD PROFIT RATE

1 Year 10.35% p.a.

2 Year 10.60% p.a.

3Year 10.75% p.a.

FOREIGN TRADE :

MyBank is making its modest contribution in all kinds of Trade Financing Activities.

To meet the requirement of the importers, exporters and trading houses.  

MY CAR :

Now the one you need is the one you can get

You can get any vehicle, you wish at a very affordable price.

Low Markup Rate. No Hidden Cost. Quickest Processing Time. Lowest Insurance Premium. Tracker Device is also financed.

MY DREAM HOME :

You don't need to be a MyBank customer. you have to do is just pick up the phone and call to our Call Center & Get results in 7 days.

Home loan up to Rs. 1 crore to buy or build home

Low Markup Rate. Life Insurance Coverage. Quickest Processing Time. Maximum Limit of Rs. 10 Million.

EASY CREDIT SCHEME :For Small

Traders• The financing is from

Rs. 10,000 to Rs. 100,000 without any collateral security.

Easy Credit Commercial

• Loan amount ranges from Rs.50,000 to Rs. 250,000 on just your signature.

Agriculture Financing Scheme :

Kushali-e –Kisan Agriculture : Sada Bahar Agricultural Finance Scheme Farm Mechanization Support Scheme

Tractor Scheme Farm Transport Scheme

MY ATM :

Products :

MY ATM MyBank ATM Cards are valid

throughout the country. MyBank ATM Card allows to

draw cash up to 20,000/- per day Instant withdrawal of cash.  Balance Information.  Mini Account Statement.  Funds Transfer Facility from one

ATM Account to another  Who can get the MyBank ATM

Card

Iram Waheed Khan M10MBA064

FINANCIAL HIGHLIGHTS :

FINANCIAL ANALYSIS :

 Segment 2009 (,000) 2008 (,000)

Assets 35490705 39803003

Liabilities 30385841 33659935

Net Assets 5104864 6143068

FINANCIAL ANALYSIS :

Assets Liabilities Net Assets

0

5000000

10000000

15000000

20000000

25000000

30000000

35000000

40000000

20092008

INCOME ANALYSIS :

 Segment 2009 2008

Net Markup Income 486316 811209

Net Markup Loss 1447495 772461

Non Markup Income 383758 942648

Non Markup Expense 1092775 931012

Loss Before Taxation 2156512 760825

Loss After Taxation 1639829 350293

Loss Per Share 3.09 0.79

INCOME GRAPH :

Net Mark

up Inco

me

Net Mark

up Loss

after

Provis

ions

Non Mark

up Inco

me

Non Mark

up Expen

se

Loss

Before

Taxa

tion

Loss

After Ta

xation

Loss

Per Sh

are

0

500000

1000000

1500000

2000000

2500000

20092008

Ratio Analysis :

Ratio 2009 2008

Current Ratio 0.61 7.6

Quick Ratio 0.61 7.6

Debt Ratio 0.071 0.11

Debt Equity Ratio 0.499 0.74

GRAPH FOR RATIO :

Current Ratio Quick Ratio Debt Ratio Debt Equity Ratio

0

1

2

3

4

5

6

7

8

20092008

Investment Analysis :

Investment Analysis :

Investments by types

2009 2008(,000)  (,000) 

Securities 10135046 10904077

Held-to-maturity 505847 514250

Total investment cost 10640839 11418327

Less: provision -619814 -410398

Investment (Net of Provision)

10021079 11007929

Surplus/deficit 16871 -712959

Total investment 10037950 10284970

Investment Graph :

Available for Sale Securities

Held-to-maturity Securities

Total investment cost

Less: provision Investment (Net of Provision

Surplus/(deficit) on revaluation

Total investment at carrying value

-2000000

0

2000000

4000000

6000000

8000000

10000000

12000000

20092008

SWOT ANALYSIS :

STRENGTHS:

Excellent Name

Secured Patents

Strong Brand Name

Online Banking

Varity of Products

WEAKNESSES:

No Islamic Banking

Less Branches

High Cost Strategies

Low Salary of Staff

OPPOURTUNITIES :

Unfulfilled Customer Need

Arrival of New Technology

Loosening of Regulations

Removal of International Trade Barriers

THREATS:

Over Economic Crises

Trade Barriers

Substitutes in Environment

Changing SBP Polices

PEST ANALYSIS :

POLITICAL FACTORS :

POLITICAL INSTABILITY

SAFETY REGULALTIONS

INSTABLE TAX POLICIES

GOVERNAMENT ATTITUDE

ECONOMIC FACTORS :Inflation Rates

Exchange Rates

Stages of Business Cycle

Govt. Spending

Economic Growth

SOCIAL FACTORS :

CONSUMER CONFIDENCE

LITRACY RATE

CONSUMPTION ORIENTED

TECHNOLOGICAL FACTORS :

Information Technology

Energy Crises

Govt. Spending

New Invention & Technology

RECOMMENDATIONS :

New BranchesHigh AdvertisementTechnology ImprovementsCustomer Trust Permanent Staff Strong Internal

ManagementReduce Service Charges

CONCLUSION :

QUESTIONS :