js bank report

Table of Contents

Dedication

Acknowledgement

Certificate

1.1 Introduction 2

1.2 JS Bank Management 3

1.3 Site Map 5

1.4 Vision Statement 6

1.5 Mission Statement 6

2.1 Retail Banking 7

2.2 Treasury 18

2.3 Corporate Banking 20

2.4 Investment Banking 25

3.1 Conclusion 31

3.2 Suggestions 32

Research Monograph Report

1.1 Introduction

JS Bank Limited has been formed after the merger and amalgamation of Jahangir Siddiqui

Investment Bank Limited and commercial banking operations of American Express Bank Ltd

Pakistan. JS Bank Limited commenced operations in Pakistan as a fully scheduled bank on

December 30, 2006. JS Bank Limited also has a Primary Dealer license for government

securities from the State Bank of Pakistan. JS Bank’s focus is to provide a quality and

innovative range of banking services and products. The Bank’s key activities can be

categorized into three Business Units:

Retail and Consumer Banking

Treasury

Corporate & Commercial Banking

Investment Banking

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1.2 JS Bank Management

Management Committee

Department Contact Person

President & CEO Naveed Qazi

Treasury, Investment Banking & FIG Basir Shamsie

Retail Banking Group Majid Hamid

Risk Management Akbar Hasan Khan

Operations Khalil-ur-Rehman

Financial Control Muhammad Yousuf Amanullah

Compliance Muhammad Irqam Athar Siddiqui

Human Resources Syed Muhammad Shoaib Omair

Corporate & Commercial Banking Zoya Tazeen Jafarey

Regional Heads - Retail Banking

Department Contact Person

Regional Head South Zulfiqar Ali Abedi

Regional Head North Kamran Jafar

Regional Head Central Atif Salim Malik

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Department Contact Person Extension

Operations Irfan Aziz 211

Operations Rafiq Ghulam Hussain 295

Operations (Central) Maqbool Ausaf Muneeb

Operations (North) Mohammad Shoaib Khalid

Information Technology Lawrence Mathew Pereira 273

Information Technology Kashif Aleem Khan 252

Human Resources Raja Abdullah 416

Human Resources Adnan Zikaria 361

Compliance Haider Ali Talpur 326

Compliance Shakeel Abbasi 377

Marketing & Corporate Communications

Tariq Ziad Khan 215

Corporate Communications Nabeela Darugar 330

Financial Control Kamil Yaqoob 283

Financial Control Jamal Rehmat Ali 321

Corporate Affairs Ashraf Shahzad 286

Administration Junaid Ahmed Ansari 274

Corporate & Commercial Banking Sameen Ghani 285

Corporate & Commercial Banking Abid Memon 301

Corporate & Commercial Banking (North)

Uzair Naseem

Service Quality Faryal Ali 229

Service Quality Fatima Syed 380

Service Quality Problem Resolution Unit

Yusuf Khan 474 & 475

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Service Quality (North & Central) Asif Nazir042-

5792243

1.3 SITE MAP

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1.4 Vision Statement 6


To provide quality and innovative range of banking services and products to our customers

by a highly motivated team of professionals whilst maintaining high ethical and regulatory

standards thereby, generating sustainable returns to our shareholders.

1.5 Mission Statement

To be a preferred partner of our customers by providing complete financial solutions

exceeding service expectations, though a single relationship via conventional and non –

conventional, conveniently accessible distribution channels.

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2.1 Retail Banking

Retail Banking at JS Bank offers a variety of products and services for both depositors and

borrowers at competitive rates. Please call or visit our Retail Banking team to discuss your

financial needs. You may take a snapshot of the Products & Services in the menu on the left

hand side of the screen. To get further details, please click on to the specific Product or

Service. Please note that Zakat, w/tax, or any other tax/ conditions are applicable as per

Regulations.

Kamiyab Business Account

Perfect for the busy businessman. A specially tailored account for the business community.

Offering following benefits upon maintaining monthly average balance of Rs 200,000/=. No

minimum balance is required to open an account.

Free issuance of Pay orders and Demand drafts.

Countrywide banking.

Unlimited transactions.

ATM/ Debit card facility.

Pick and Drop facility for Pay orders and Demand drafts.

Tele-banking

Rupee Plus Account

A high yielding savings account, where profit is calculated on daily basis and payable

monthly. Six different tiers of deposits are offered at highly attractive profit rates. Equally

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useful for companies and individual with idle funds who wish to generate additional income.

Account can be opened with Rs 5,000/=

6 tiers with attractive profit rates.

Countrywide banking facility.


Rupee Current Account

A non-profit bearing account primarily for individuals and companies having large turnover

of cheques. No minimum balance is required to open an account.

Unlimited transaction account with checking facility.


Countrywide banking facility

PLS Rupee Savings Account

Account for small businesses and individuals wishing to generate additional income on their

funds. Account can be opened with Rs 5,000/= with following features.

Unlimited transactions account with checking facility

Profit accrued on monthly minimum balance and disbursed into the account six-

monthly.

ATM/Debit card facility.

Country wide banking facility.

Rupee Basic Banking Account

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Rupee account that can be opened with Rs 1,000/= as minimum balance requirement. Ideal

for salaried persons and individuals with low transaction turnover need.

No transactional charges up to 2 deposit transactions & 2 checking withdrawals.

No minimum balance requirements.

No charges to maintain the account.

Country wide banking facility.

Rupee Fixed Charges

Avail Fixed deposits products with different tenors and competitive rates. You can place your

idle deposits available in Current, Savings, Kamiyab or Rupee Plus account and reap the

benefit of optimum return.

Various tenors

Disbursement of profit based upon your choice.

Foreign Currency Account

Current & Savings accounts in USD, Pound Stg, and Euro are available.

Loans & Running Finance

We offer Running finance & Loan facilities against Deposits and Govt. of Pakistan securities

to be used as collateral. A dedicated Relationship officer will look after all your credit needs.

Quick processing

Competitive rates

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Western Union Home Remittance

Fast and reliable way for receiving money transfer from across 190 countries & territories

worldwide.

No bank account needed.

Regular money transfer are usually available within minutes for pick up by the

recipient

Receive inward remittance from anywhere in the world.

Sale & Encashmentof Govt. Of Pakistan Securities

We are authorized agents to sell and encash Govt. of Pakistan securities (Defence saving

certificates & Special savings certificates.) Our account holders can avail this facility from

our any of the branches.

Countrywide Account Operation

You can operate your account from any of the branches of JS Bank Limited. We have

aggressive plans to expand our branch network giving our customers a wider branch network.

(subject to approval from Regulatory authorities.)

Deposit & withdraw cash

Issuance of Pay orders & Demand draft.

Statement of account printout

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Tele-banking

Accessible via pin code a 24/7 phone banking facility for balance inquiry from anywhere in

Pakistan or overseas.

Obtain balances and details of the last five transactions.

Offers account statements via fax.

SWIFT transfer

State of the art foreign currency account funds transfer system. From Pakistan to overseas

and vice versa. Local regulations apply.

State of the art SWIFT mode of payment, ensuring funds transfer in shortest time.

Secure and efficient delivery system for inward and outward payments

Utility Bills payment

Public can conveniently deposit Electricity, Sui gas & PTCL bills at any of our bank's

branches.

Hassle free

Comfortable environment

No need to maintain bank account

9 to 5 Non-stop banking

We offer 9 to 5 non-stop banking services at our cash counters (for Pak Rupee transactions

only

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9:00 A.M to 5 P.M (Monday to Thursday)

9:00 A.M to 12:30 P.M & 3:00 P.M to 5:00 P.M (Friday)

9:00 A.M to 12:30 P.M (Saturday)

JS Auto Financing

JS Bank CarAamad is an installment based loan which will be extended to individuals as

well as businesses for purchase of new/used/imported vehicles.

Product Benefits & Features

Quickest & Hassle-free processing

Personalize services

Low down payment {as low as 10% }

Flexible Tenure 1 - 5 years

First Year Insurance Financing/ up front

Early Settlement option { Nominal Charges apply }

Co-Borrower Facility

No -hidden Charges

Step-up & Step-down facility

Free Tracker Device– No monitoring charges

Replacement of Financed Vehicle

Financing 150,000 to 3,500,000

No down payment & processing fee before approval

Cash your car at 75% finance

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Balloon Payment facility

We believe in sharing the joy of our customers by giving them benefits, which are

aimed at making customer's car buying experience an exciting event.

Eligibility

Pakistani National

Salaried OR Self-employed

Minimum 20 & Maximum 65 Years Old (for business/self-employed individuals)

Minimum 21 & Maximum 60 Years Old (for salaried persons)

Minimum net salary 12,000

1 month – 1 year employment (conditions apply) or 1 year business

Power Speed Loan

Fastest approval in town, within 120 mins (conditions apply).

Payments

1. No Down Payment Before Approval

JS Bank is the quick and hassle free route to the car of your choice. Offering no down

payment and processing charges till your application is approved.

2. PAYS (Pay As You Desire)

JS Bank offers you flexible installment plans (Balloon Payments).

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STEP –UP

You can plan your own repayment plan with installment increasing every year, starting with low

installments to suit your cash flows.

STEP –DOWN

Step down allows you to pay higher at the beginning with your installment reducing in

subsequent years. Payment during the duration of the loan remains affordable.

3. Processing Charges

A processing charge of Rs.4000/- will apply after approval.

4. Repayment Options

JS Bank offers you more then one repayment options.

PDCs: You can repay your loan via PDCs (Post Dated Cheques).

AADI: “Auto Account Debit Instruction“ where you can repay your loan in a

personal account opened for your Auto Loan Facility.

5. Early Settlement Option

We offer you an early settlement option with a nominal 5% charge of the remaining

principle.

Insurance & Tracker

JS offers you the following insurance options:

Comprehensive insurance

Insurance financing for the first year/ up front insurance

Enjoy security and complete peace-of-mind as JS auto loan becomes the product which

offers you a free Tracker device installed in your car.

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Markup Rates

JS Bank offers the car financing facility at the markup rates starting from as low as 15% per

annum.

Documents Required

CNIC (copy)

Current Salary slip

Bank statement for last 6 months.

Last utility Bill

NTN (National Tax Number only for businesses)

Proof of business/Registration (self-employed)

Passport size photographs incase of CNIC with thumb impression

Coming Soon

Personal Loan

Mortgages

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Service Standards

We have developed following standards for the delivery of our products to our customers.

CUSTOMER SERVICES PRODUCTS

Opening of Account.

Account will be opened same day subject to fulfillment of our “KYC” requirements and receipt of account opening form along with documents before 4:00 PM.

Cheque book issuance.For Kamiyab Business account next day provided request received by 4:00PM. For other account’s two working days.

Closing of account.Same day, upon receipt of customer’s request provided clearance is received from all the departments.

ATM/Debit Card.Processed in two working days, subject to receipt of request by 3:00PM.

Delivery of Account Statement

We dispatch the Account statement as per the following schedule.

Type of Accounts:Kamiyab Business AccountCurrent Account Rupee Plus Account FCY Current FCY Savings Savings Account

MonthlyMonthlyMonthlyMonthlyHalf YearlyHalf Yearly

Stop payment requests. Executed instantly upon receipt of written request.

Issuance of balance certificate to customers and/or to Audit Firm.

Balance certificate is issued within thirty minutes. Audit Report for Corporate customers within seven days.( Irrespective when received?)

Fix Deposit Setup. Same Day Execution.

Fix Deposit Cancellation. Same Day Execution.

Payment of Cash Cheques Within Five minutes after the instrument is presented at the counter and depending upon the

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denomination and amount,

Cash ReceiptWithin Five minutes after the cash is presented at the counter and depending upon the denomination and amount.

Handling of Check Deposited for clearing / Transfer

Within Five minutes of receipt of the cheque at the teller counter.

Issuance of Pay order/Draft by Debit to Customer account.

The request of customer is executed within fifteen minutes of receipt of request at counter.

Cancellation of Pay order request.

Within fifteen minutes of request at our counter.

Inward Remittance.

We credit the proceeds same day provided purpose of remittance is provided by beneficiary. In case it pertains to the other bank client, payment is executed on the day when purpose of remittance is received.

Outward remittance. Same day execution.

Marking of Lien on Government Securities issued by us and pledged to other banks.

Bank’s request is executed same day.

ASSET SERVICES

Issuance of E-Form Same day

Processing of Advance Payment

Same day subject to receipt of advance payment slip.

Processing of Export Bills sent on collection.

Same day on receipt of documents.

Realization of export collection document.

Same day on receipt in Nostro Statement or within three days if held in Special Exporters Account on the request of exporter as allowed by the SBP.

Issuance of Guarantee. Same day subject to completion of all formalities.

Issuance of amendment in Guarantee.

Same day subject to completion of all formalities.

Marking of Lien on Government Securities

Request of marking of lien is sent to the issuing bank next day.

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pledged to us.

Implementation of Limits. Subject to receipt of completed executed documents & marking of Lien by issuing office, Limits are implemented by next day.

Release of Security.Subject to receipt of Customer request & settlement of all the outstanding, release of security is executed same day.

2.2 JS Bank Treasury

In an exceedingly volatile & dynamic economic environment, JS Bank’s Treasury has

evolved as an active player in the Financial Market. The Bank's client-centric treasury

endeavors to partner its customers in ensuring they use the financial markets to optimize their

risk profile and enhance value to their stakeholders. The Treasury seeks to do this by

becoming the risk solutions provider of choice, offering quality treasury products, and being

the leader in product innovation. JS Bank Ltd is a “One Stop Solution” to all your financial

needs, whether it pertains to Foreign Exchange, Fixed Income (GoP, Corporate Debt),

Mutual Funds & Money Market (Deposit or Loan) transactions

Foreign Exchange

JS Bank Ltd is an active player in the interbank market and provides competitive prices in all

major currencies. It is an institution of choice amongst importers and exporters, by providing

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superior treasury products to its clients and assisting them in covering their currency

exposures & risks. Our dynamic corporate and institutional sales and trading teams provide

up-to-date market intelligence, advice and timely execution of deals to our customers

throughout the trading day.Whether the transaction is Local Currency (USD/PKR) based or

Global Currency

FX Spot – We provide best in class pricing for all trade (import & export), remittances &

travelers cheque transactions, whether it is USD/PKR or other Global currencies.

FX Forward – Being an active player in the market, the customer can hedge all their FX

exposures at aggressive pricing in domestic & international currencies.

Fixed Income - Corporate Debt Market

JS Bank’s Treasury provides access to best deals coming to market, given the fact that JS

Bank’s Investment Banking team is a leader in the Corporate debt origination.

JS Bank maintains an active trading desk in the secondary corporate debt market thus is able

to provide competitive bid / offer quotes in all liquid corporate de

Primary Dealership

JS Bank is a State Bank nominated Primary Dealer (PD) and has played an active role in the

development of the Primary & the Secondary GoP Debt Market. Under the Primary

Dealership System, only PDs can participate in the primary auctions of Treasury Bills (T-

Bills) & Pakistan Investment Bonds (PIBs) conducted by State Bank of Pakistan.

Being a PD, JS Bank Ltd is playing an instrumental role in developing the GoP debt market.

Our dynamic trading team is a market maker and provides competitive pricing in the

Secondary Market, which includes trading with other PDs, Non-PD Banks & NBFIs.20


We provide Interest rate views and analysis to our entire client base on a regular basis to

enable them make informed & calculated investment decisions.

To facilitate small investors in entering the GoP debt market, we assist them in participating

through the Non-Competitive Bidding process through JS Bank Ltd in the PIB auctions

With our vast fixed income client base and our aggressive sales team, we are one of the

leading institutions in GoP debt distribution.

2.3 Corporate Banking

Through its Corporate Banking Division, JS Bank delivers the right financial solutions and

corporate credit facilities tailored to meet the needs of every type of business and industry.

As a specialist service provider, we understand the expectations of our corporate customers,

and provide tailor made products and services to meet their exact needs. The bank's

operational strategy is to see things from the customer's perspective and deliver the highest

quality of services and quick response to its clients.

Our client-relationship teams have a thorough understanding of our clients' business

objectives and challenges. We've always set out to help our corporate customers succeed by

forging strong working relationships with them from the outset

We assign a relationship team to each corporate customer. A dedicated relationship manager

who will have experience of sophisticated corporate transactions and innovative financing

structures relevant to the corporate customer - someone with expertise, ability to deliver and

set high service standards.

Through this dedicated relationship team, customers can also access all areas of the JS

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Group, enabling them to benefit from a comprehensive package of banking/investment

solutions. Areas of expertise include Treasury, Asset Management, Corporate Finance,

Brokerage Services as well as Islamic Banking for shariah-compliant banking services.

If there's a way to satisfy our customers, we'll find it. If there's not, we'll do our best to invent

one.

Loans

Term Loans

As a traditional activity, JS Bank provides term loans to meet capital expenditure for

acquisition of Fixed Assets/expansion of existing activity/swapping existing high cost debt.

Working Capital Loans

JS Bank offers corporations Working Capital Finance to meet their operating expenses,

purchasing inventory, receivables financing, either by direct funding or by issuing letter of

credit.

BridgeLoans

JS Bank provides bridge finance to its corporate clients against expected equity flows/issues.

Bank can also extend bridge loans against the expected proceeds of External Commercial

Borrowings, Global Depository Receipts and/or funds in the nature of Foreign Direct

Investments, provided the borrowing company has already made firm arrangements for 22


raising the aforesaid resources/funds. This facility would be available for a period not

exceeding 12 months.

Advances against Shares

In view of the performance of the stock markets of the countries and the demand of financing

from the brokers, JS Bank offers short term facilities to brokers and individuals against

shares, subject to minimum margin stipulation from time to time.

Debt Syndications

In many cases, for the large corporation, loan syndication is required because of the shear

size of the financing package: major capital expenditure, projects, joint venture or

acquisitions requiring the need for significant capital. Because of JS Bank’s relationship with

major banks, we can arrange and place a syndicate loan. This provides your company the

convenience of working with one financial institution during the life of the loan.

Trade Finance

JS Bank offers comprehensive range of Trade services. As a valued client of JS Bank, you

will be partnering with a trusted banking institution that is highly respected in the world of

international finance and cross border transactions. We offer a wide range of export and

import services designed to assist you in building on your strengths, so that your company

can seize new business opportunities around the world. Through our expertise and

experience, we can structure and customize solutions suited to your specific business

requirements.

Export Services

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Export Financing

We provide pre-shipment finance in the form of SBP export refinance scheme (ERF)

and from own sources to assist your cash flows when you are manufacturing or

packing your goods for export from Pakistan. We provide ERF both in rupees as well

as in foreign currencies. At JS Bank, your export finance requirements are carefully

taken care of around your actual trading cycle allowing you to enjoy competitive

interest rates and timely credit. Our relationship managers will be happy to provide

more information to you.

Export Bill Collection Services

Concentrating your Documentary Collection activities with JS Bank, you can eliminate many

of your exporting hassles. Not only will your international banking become much more

uniform, you can experience fewer delays in receiving payment, effortlessly access collection

information details, gain increased control over export receivables and efficient cash flow

management. To help speed up your cash flows, JS Bank can purchase/discount your export

receivables tied to your export bill collections subject to availability of credit limits.

Export Bill Purchase & Discounting

Do not worry when your exports are not covered under Letter of credit. Against sanctioned

credit limits, we can pay you the discounted value of your invoice, immediately on shipment.

The proceeds will be credited to your account if the export documents are presented before

cut off time at your JS Bank.

Bank Guarantees

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We issue Bank Guarantees on behalf of our exporters for approved purposes subject to

availability of credit limits or against 100% cash margin.

Export LC Advising, Confirmation & Negotiation

With a correspondent banking relationship across the world, you can always insist that your

Letter of credit be advised through JS Bank. Please be assured that your export LC will

always reach you on time. This will help you in better logistics management and enhanced

accuracy in the preparation of documents. With our expertise, we can explain complex LC

terms to you and your staff. This will help you to prepare your documents easily and error

free.

When you are not comfortable with the credit standing of an LC opening bank or if you are

worried about the political climate or credit risk of the buyer's country, we are there to assist

you with our LC confirmation services. Once we add our confirmation to the LC, you are

assured of payment, subject to non-discrepant documents, irrespective of non-payment by LC

opening bank. With JS Bank's confirmation services, you can eliminate the foreign bank and

country risks from your export collections.

We negotiate your export bills drawn under Letter of credit, if the documents are found to be

strictly in terms with LC conditions. All these facilities come to you at competitive rates and

world class service standards.

Import Services

Import Letters of Credit

We issue Import Letters of Credit on your behalf that give you the advantage with your

suppliers. Our experts can advise you in drafting the LC terms and conditions so as to protect

your interests.

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Arranging for Buyer’s & Supplier’s Credit

To take care of your working capital requirements, JS Bank offers foreign currency loans (FE

25) and Rupee loans to finance your imports.

Bank Guarantees

We issue Bank Guarantees on behalf of Importers for all approved purposes, subject to

availability of credit limits or against 100% cash margin.

2.4 Investment Banking

JS Bank’s investment banking group has been the pioneer of numerous landmark transactions

brought to the domestic capital markets. The group’s legacy dates back to the 90’s through a

closely held partnership with the then eminent Bear Stearns. More recently, the investment

banking group has been an advisor and arranger to

• Pakistan’s first ever local currency Islamic Sukuk

• First ever subordinated TFC issue in Pakistan

• First 10 year corporate bond

• First TFC issue with a conversion option

• First perpetual bond

• First commercial paper

• First floating rate TFC issue

With a precedence of both volume and innovation in transactions, for some of the largest

corporations in the country, the group continues to offer market-leading investment banking

and ancillary services as an integral part of JS Bank. We have an impeccable track record of

successfully executing a wide array of large capital transactions, often under challenging

economic and time considerations.26


Products and Services

Under the investment banking umbrella, our range of activities include corporate debt origination and syndication,

underwriting, coordinating as bankers to the issue, and facilitating trusteeship and agency

services.

Corporate Finance Advisory

The Investment Banking Group provides a comprehensive range of Corporate Finance

Advisory services in the Debt Capital Markets, including Mergers and Acquisitions and

Project Finance Advisory. We provide independent capital markets recommendations and

financial valuation and due diligence advice, or as an integral part of managing a

comprehensive Advisory and Arrangement transaction.

Arrangement and Placement of Securities

The Investment Banking Group’s distribution team is one of the market’s leading corporate

debt arrangers through a variety of structured and vanilla Term Finance Certificates as well

as Shariah-compliant product offerings. Our solutions-oriented approach, excellent pricing,

and unmatched distribution capabilities continue to make us one of the leading TFC

arrangers in the local market, both by volume and value.

Trust and Security Services

A dedicated team manages and monitors various aspects of trust and security services,

including acting in the capacity of a trustee or/and an agent to various corporate debt

offerings and playing an active role in structuring and maintaining special purpose accounts.

Underwriting

We have substantial underwriting appetite for handling large capital market issues, both at

Private Placement (“Pre-IPO”) and Initial Public Offer (“IPO”) stages. Till date, we have

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underwritten majority of the issues brought to the local markets of Pakistan.

Bankers to the issue

We act as Bankers to the Issue for IPO transactions, in both equity as well as debt capital

markets. Despite a limited, albeit a rapidly growing, network of branches, this is a substantial

business for JS Bank through a pro-active initiative in actively marketing Public Offers .

Closed Transaction Archive

Our transaction archive can be accessed to view a selection of successfully closed deals.

Year Client Type of Financing Amount Role2008 Pak American Fertilizer

LimitedPrivately Placed Term Finance Certificates III and Syndication

1 billion Joint Advisor & Arranger

2008 Pakistan Mobile Communications Limited (Mobilink)

Listed Unsecured Term Finance Certificates

4.256 billion Joint Advisor & Arranger

2008 OBS Pakistan Private Limited Acquisition Finance and Syndication

570 million Joint Advisor & Arranger

2008 Pak American Fertilizer Limited

Privately Placed Term Finance Certificates II and Syndication

6.9 billion Joint Lead Arranger

2007 Karachi Shipyard and Engineering Works Limited

Government Guaranteed Sukuk 4.2 billion Joint Advisor & Arranger


Short Term Privately Placed Term Finance Certificates


2007 Azgard9 Limited Privately Placed Term Finance Certificates


2007 Al Abbas Sugar Mills Limited Privately Placed Term Finance Certificates

750 million Joint Lead Arranger

2007 Sitara Chemicals Industries Limited

Diminishing Musharaka Sukuk 1.1 billion Joint Advisor & Arranger

2007 Pak American Fertilizer Limited

Privately Placed Term Finance Certificates


2007 First Dawood Investment Bank Limited


345 million Exclusive Advisor & Arranger

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2007 Engro Chemical Pakistan Limited

Listed Term Finance Certificates 4 billion Joint Advisor & Arranger

2007 Optimus (Hertz) Privately Placed Term Finance Certificates


2007 KASB Securities Privately Placed Term Finance Certificates


2007 Jahangir Siddiqui & Co. Ltd. Privately Placed Term Finance Certificates

1.25 billion Exclusive Advisor & Arranger

2006 Allied Bank Limited Listed Term Finance Certificates 2.5 billion Joint Lead Advisor & Arranger

2006 Jahangir Siddiqui & Co. Ltd. Listed Term Finance Certificates 1.1 billion Exclusive Advisor & Arranger

2006 United Bank Limited Listed Term Finance Certificates 2 billion Joint Lead Advisor & Arranger

2006 Azgard9 Limited Acquisition Financing Privately Placed Term Finance Certificates

11.906 billion Advisor & Arranger

2006 Worldcall Telecom Limited Listed Term Finance Certificates 350 million Exclusive Advisor & Arranger


Listed Term Finance Certificates 3.261 billion Joint Advisor & Arranger

2006 Water and Power Development Authority (WAPDA)

Government Guaranteed Sukuk 8 billion Joint Arranger

2005 Jahangir Siddiqui & Co. Ltd. Listed Term Finance Certificates 500 million Exclusive Advisor & Arranger

2005 Azgard9 Limited Convertible Listed Term Finance Certificates

2.4 billion Lead Advisor & Arranger

2005 United Bank Limited Listed Term Finance Certificates 2 billion Joint Lead Advisor & Arranger

2004 The Resource Group Privately Placed Term Finance Certificates I and II

1.35 billion Advisor & Arranger




2003 Al Abbas Sugar Mills Limited Privately Placed Term Finance Certificates


2002 Muslim Commercial Bank Listed Term Finance Certificates 1.6 billion Joint Advisor &

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Limited Arranger

2002 Sui Southern Gas Company Listed Term Finance Certificates 1.25 billion Joint Advisor & Arranger

2002 Worldcall Telecom Limited Listed Term Finance Certificates 350 million Exclusive Advisor & Arranger

2001 Nishat Group Listed Term Finance Certificates 600 million Joint Advisor & Arranger

2001 Dawood Leasing Company Limited

Listed Term Finance Certificates 250 million Exclusive Advisor & Arranger

2001 Gulistan Textile Mills Limited Listed Term Finance Certificates 300 million Joint Advisor & Arranger

2001 ICI - Pakistan PTA Limited Listed Term Finance Certificates 1.6 billion Joint Advisor & Arranger

2001 Pakistan Industrial Leasing Corporation (PILCORP)

Listed Term Finance Certificates II


2000 Water and Power Development Authority (WAPDA)

Government Guaranteed Sukuk 8 billion Joint Arranger

1999 Pakistan Industrial Leasing Corporation (PILCORP)

Listed Term Finance Certificates I 325 million Exclusive Advisor & Arranger

1994 Government of Pakistan Sovereign Eurobond Offer USD 150 million

Joint Arranger

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3.1 Conclusion

JS Bank Limited is concentrated on achieving its financial targets, JS Bank did not loose

sight of the future and its challenges. It continue to invest in its man power training and up-

gradation of I.T. infrastructure. Although in the short run this will result in an increase in Its

administrative and capital expenditure but in the long run will increase Its efficiency in terms

of real cost reduction and increased product offering. In future It will invest heavily into I.T.

to bring further improvement in its service standards and also to reduce our transaction costs.

JS Bank future envisions expansion in terms of geography, clientele and products. JS Bank’s

management is setting our eyes towards excelling amongst banks of the South Asian Region

and would like to improve even further on its rankings both domestically and regionally. Its

investment in technology and human resource will continue to prepare them for the future

challenges. Customer will be the centre of its focus to become the ‘Bank of choice’ for

customers. JS Bank will continue to redesign,

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3.2 SUGGESTIONS

I may like to suggest some points regarding improvement, development and competitive

environment for any good and required need of customers business.

Aggressive training and development programs should be launched in order to teach

employees basic skills and to increase them subsequently through mobile training

programs conducted at Regional level.

Capacity building of officers should be increased to improve efficiency levels.

Through processing and sanctioning Procedure’s have been streamlined in line with

modern lines but there is still lot to be done in this direction.

Promotion policies should be based on academic and Professional qualification

performance rather than seniority.

Intermediation and administrative cost should be reduced to minimum level.

Proper teams should be constituted which should be made responsible for recovery of

overdue and watch and ward duties of pledged stock and surprise inspections of

Hypothecated stocks and constant liaison with borrowers.

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