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Allied Bank Limited - Pakistan

Posted by iftikhar ahmed
July 3, 2009
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Allied Bank is located in Lahore, Punjab, Pakistan. It was established in 1942 before independence, Allied Bank Limited is one of the largest banks in Pakistan with 735 Branches connected to an online network. In August 2004 the Bank was restructured and the ownership was transferred to Ibrahim Group.

History

Established in December 1942 as the Australasia Bank at Lahore with a paid-up share capital of PKR 0.12 million under the Chairmanship of Khawaja Bashir Bux, and his business associates, including Abdul Rahman Malik who was amongst the original Board of Directors, the bank had attracted deposits, equivalent to PKR 0.431 million in its first eighteen months of business. Total assets then amounted to PKR 0.572 million. Today Allied Bank's paid up Capital & Reserves amount to Rs. 10.5 billion, deposit exceeded Rs. 143 billion and total assets equal Rs. 170 billion. The Allied Bank's story is one of dedication, commitment to professionalism, adaptation to changing environmental challenges resulting into all round growth and stability, envied and aspired by many.
Functions
Services

Allied Bank offers the following services to its customers:

* Home Remittances
* Remittances
* Hajj Services
* Utility Bills
* Lockers
* Commodity Operation

However, the quality of services and network remains pathetic. The Bank has to do a lot in terms of improving its customer management.

Internet Banking:

Online Banking facilities are available to customers maintaining accounts at all online branches across the country. The following facilities are available:

* Cash Deposit for immediate credit to remote branch.
* Remote Cheque Encashment from any online branch.
* Instant Funds Transfer between any 2 online branches.
* Remote Balance Enquiry and Statement of Account.

Board of Directors

* Muhammad Aftab Manzoor - Director/President & CEO
* Mohammad Naeem Mukhtar Chairman
* Sheikh Mukhtar Ahmed - Director
* Mohammad Waseem Mukhtar - Director
* Abdul Aziz Khan - Director
* Sheikh Jalees Ahmed - Director
* Farrakh Qayum - Director
* Nazrat Bashir - Director
* Tasneem M Noorani - Director
* Mubashir A Akhtar - Director
* Kamal Monnoo - Director

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Banks Of Pakistan

Posted by iftikhar ahmed
May 22, 2009
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Specialized Banks In Pakistan

Posted by iftikhar ahmed
May 20, 2009
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  1. Industrial Development Bank of Pakistan
  2. The Punjab Provincial Cooperative Bank Ltd
  3. SME Bank Limited
  4. Zarai Taraqiati Bank Limited

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Development Financial Institutions In Pakistan

Posted by iftikhar ahmed
May 19, 2009
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  1. House Building Finance Corporation
  2. Pakistan Kuwait Investment Company Limited
  3. Pak Brunei investment Company Limited
  4. Pak Oman Investment Company Limited
  5. Pak Iran Joint Investment Company
  6. Saudi Pak Industrial & Agricultural Investment Company Limited
  7. Pak Libya Holding Company Limited
  8. China Investment Company Limited

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UBL : DEBT AND CAPITAL MARKETS

Posted by iftikhar ahmed
April 17, 2009
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Loan Syndication
Raising term financing from financial institutions
Can be used to raise large financing amount
Results in the use of bank lines by the corporation
Plain vanilla product
Advantage of bilateral-type operation as primary interface is with the Agent Bank only.
IBG acts as an Advisor, Arranger and/or Trustee of the loan facility
TFC
Redeemable capital issued under section 120 of the Companies Ordinance, 1984
Capital market alternative to traditional bank debt
Replicates the cash flows of a coupon-bearing bond
First TFC in Pakistan issued by Packages Limited in 1995
Two types of TFCs are:
Listed TFCs
Privately-Placed TFCs
IBG acts as an Arranger and Structuring Agent and Trustee
Listed TFC

Listed TFCs are made available to the general public in addition to institutional investors through listing on the stock exchange

Facilitate trading in the secondary market

Offered through both Private Placement (Pre-IPO) and Initial Public Offer (IPO)

Listing creates liquidity through bid and offer quotes in the secondary market

Increasingly growing with 14 companies offering TFCs worth PKR 16.8 billion at the Karachi Stock Exchange
alone in 2005. This trend also continued in the year 2006 and UBL IBG had significant market share of listed
TFC issues in 2006
Privately Placed TFC
Privately-Placed TFCs are not offered to the public
Offered to a single principal investor or to a group of institutional Investors, allowed under Section 120
of the Companies Ordinance, 1984
Arranging a Privately-Placed TFC issue takes considerably less time. Can be achieved in a matter of 4-8 weeks
Approvals are not required from regulatory authorities (stock exchanges, SECP) and the credit-rating
of the entity and instrument need not be obtained
Securitization
Securitization designed to improve the risk profile of the facility for the Issuer
IBG acts as Structuring Agent and Arranger
Asset Backed Securitization (ABS)
Bonds or notes backed by financial assets
Pools of financial assets are sold to SPV
SPV converts these pools to marketable securities in the form of Asset Backed Securities

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Posted by iftikhar ahmed
April 16, 2009
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Further are the details of different products that we offer:
Debt and Capital Markets
Project & Structured Finance
Equity Capital Markets
Why Clients Should Choose Us?
A multi-faceted customized approach focused towards client satisfaction
Offers a full spectrum of Investment Banking services under one roof
Current mandates add up to over PKR59 billion (US$967million). A healthy mixture of Debt, Equity &
Advisory transactions.
Structured and executed debt and equity transactions totaling over PKR 45 billion (US$744 million) in
2006, PKR60 billion (US$1billion) in 2005, and PKR52 billion (US$866 million) in 2004.
Financial Advisor & Lead Arranger – Non-recourse Project Financing for Pakistan’s First IPP
under Power Policy 2002 for Orient Power Company Limited – PKR8,600 million.
Financial Advisor & Lead Arranger – Pakistan’s Largest Project Financing to-date for Fatima
Fertilizer Co. Ltd.- PKR23,000 million.
Financial Advisor & Arranger - Pakistan’s First Listed Floating Rate Preferred Share Issue for
Masood Textiles Mills Limited - PKR600 million.
Lead Arranger – Pakistan’s First Commercial Financing of an Undersea Fiber Optic Network
for Transworld Associates (Pvt.) Limited – PKR1,400 million.
Buy-Side Advisor for acquisition of Pak-Arab Fertilizers Limited – Pakistan's Largest Leveraged
Buy-Out (LBO) to Fatima Group & Arif Habib Group –PKR14,675 million.
Lead Arranger – Pakistan’s First Co-Generation Plant on a 100% non-recourse basis and
which also had the First FX Option issued by a Pakistani Bank for DHA Cogen Limited – PKR5,
150 million.
Advisor on the divestment of stake in Pakistan PTA Ltd – Pakistan’s Largest Equity Block
Transaction to date to ICI Pakistan Limited - PKR4,000 million.
Joint Advisor & Arranger - Pakistan’s Largest Syndicated Transaction involving syndication
of PKR20.5 billion and the Largest FX Swap in Pakistan for PARCO - US$387 million.
Joint Advisor & Arranger - Pakistan’s Largest Privately Placed Bond for Pakistan International
Airlines – PKR15.14 billion.
Financial Advisor & Arranger - First Listed and Rated Asset Backed Securitization for Paktel
Limited – PKR990 million.
Awarded the “Largest Investment Bank” award by The CFA Association of Pakistan for three consecutive
years (2003-2005).

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