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Habib Bank United Bank Limited Finance Essay

National bank of Pakistan

National bank of Pakistan is the largest public sector bank of Pakistan it was established on 20th November 1949 under the National Bank of Pakistan Ordinance No.21 of 1949.presently NBP headquarters are in Karachi, with over 1,287 branches country wide. The bank provides both public and commercial sector banking services. It is a semipublic bank and functions like other commercial banks. It listed on all the stock exchanges in Pakistan. And its head office is situated at I.I.Chandigarh Road, Karachi .The bank provides commercial banking and related services in Pakistan and overseas. The major funding of the bank is generated from the depositors and provides loans/credit facilities in all sectors including trade, industry and agriculture.

Nbp also had another function like it works as an agent of the state Bank and operates the treasuries at places where no branch of State Bank of Pakistan exists. In January 1974 the National Bank of Pakistan was also nationalized, along with other banks. At that time another bank with the name of Bank of Bahawalpur was also merged into this Bank. NBP is the major business partner for the Government and plays a vital role on fostering Pakistan's economic growth through aggressive and balanced lending policies, technologically oriented products and other services offered through its nation wide branch network.

In Pakistan, the bank provides complete bank facilities to the customers, operating even at the far lug Areas.NBP is the first bank in the country to introduce and implement supervised Ruler Credit Programmed which helps small farmer to obtain loans at his doorsteps on easy terms and conditions. It has also played a pioneering role in introduction of profit and loss sharing System (PLS) as a major towards Islamization of economy.

NBP key figures.

Following are the facts and figures of the national bank fy 09.the total assets of the bank amounted in rs 944233 mln, the total deposits are 726465 mln, advances 475243 mln, investments 217643,profit 18212, no of branches 1287 and no of employees are 16248.

Vision of the bank

To be recognized as a leader and a brand synonymous with trust, highest standards of service quality, international best practices and social responsibility

Mission statement

NBP will aspire to the values that make NBP truly

the Nation’s Bank, by:

• Institutionalizing a merit and performance culture

• Creating a distinctive brand identity by providing the

highest standards of services

• Adopting the best international management practices

• Maximizing stakeholders’ value

• Discharging our responsibility as a good corporate

citizen of Pakistan and in countries where we operate

Core values

Highest standards of Integrity

• Institutionalizing team work and performance culture

• Excellence in service

• Advancement of skills for tomorrow’s challenges

• Awareness of social and community responsibility

• Value creation for all stakeholders

NBP Board of directors

The members of the board are

SYED ALI RAZA

CHAIRMAN AND PRESIDENT

MR TARIQ KIRMANI

DIRECTOR

MRS.HANIYA SHAHID NASEEM

DIRECTOR

MS.NAZRAT BASHIR

DIRECTOR

MR EKHLAQ AHMED

SECRETARY BOARD OF DIRECTORS

Bank of Punjab

The bank of Punjab is also a public sector bank established by the government of Punjab on 16 November 1989, under the bank of Punjab act 1989, the first branch of the bank was opened in Lahore, initially bop was mended as the non scheduled bank in the Punjab, later on in 1994 the bank was converted to scheduled bank. the main depositors of the bank is government because an important objective of establishing the bank is to support the government of Punjab province.

Now the bank is working efficiently with the network of more than 275 branches all over the major cities of the country. The bank provides all of the basic banking services such as the deposits, remittances, advances to its customers .the bank also plays a vital role in the national economy through mobilization of unused local resources, by offering attractive rates on all types of deposits, opening of foreign currency accounts, handling of foreign exchange for imports and exports businesses. Promoting the habit of savings among community and providing funds for investment and by Financing trade and industry and other money market operations.

Bop key figures

The total assets of bop in fy 08 are 185, 909, 120, deposits are 164,072,532, advances are 131, 731,158, investments are 22,711,980 and loss is 6,601,091, all amounts are in (RS in 000), the number of branches are 275 approx, and the total number of employees are 4160.

Mission statement

“To exceed the expectation of our stakeholders by leveraging our relationship with the government of Punjab and delivering a complete range of professional solutions with a focus on programme driven products and services in the agriculture and middle tier markets through a motivated team”

Core values

Our Customer As our first priority. 

Profitability For the prosperity of our stakeholders that allows us to constantly invest, improve and succeed. 

Corporate Social Responsibility To Enrich the Lives of community where we operate. 

Recognition and Reward For the talented and high performing employees.

Excellence In every thing we do.

Integrity In all our dealings.

Respect For our customers and each

Bop board of directors

NAME

DESIGNATION

MR.NAEEMUDDIN KHAN

PRESIDENT

MR FAROOQ AHMED AWAN

DIRECTOR

MR ABDUL GHAFOOR MIRZA

DIRECTOR

MR JUNAID ASHRAF KHAWAJA

DIRECTOR

MR RIZWAN ULLAH KHAN

DIRECTOR

MR SHAFQAT MAHMOOD

DIRECTOR

MR TARIQ BAJWA

DIRECTOR

MR TARIQ MAHMOOD PASHA

DIRECTOR

MR VIQAR AHMAD KHAN

DIRECTOR

MR RAZA SAEED

SECRETARY TO THE BOARD

HABIB BANK LIMITED

Habib bank limited is the first commercial bank to be established in Pakistan, with the passage of time it has grown its branch network and become the largest private sector bank in Pakistan with over 1450 branches in Pakistan and a customer base of five million Hbl has a branch network in more than 25 countries having more than 60 branches. the bank has a local market share of more than 40% and It continues to rule the commercial banking sector with a major market share in inward foreign remittances (55%) and loans to smes, traders and farmers .Habib Bank offers a range of banking services to its customers through its wide branch network. the bank is expanding its foreign presence in the international markets like uk , uae, south and central Asia, Africa and far east asia.the banks key areas of operation include product offering and services in retail banking, the bank has the largest corporate banking portfolio in Pakistan with an department of sme investment banking and a agriculture lending program .

History and back ground.

on august 25 1942, MR Ismail Habib established Habib bank at Bombay, HBL is the first bank of subcontinent established by a muslim,it was started with a paid up capital of 2.5 million and with 12 branches in the initial stage. After the partition in 1947, Habib Bank, at the advice of Governor-General Jinnah, moved its headquarters to Karachi, This gave Karachi its first commercial bank of the newly formed Pakistan. The Habib family owned and managed the bank until the Pakistan government nationalized it on 1 January 1974.

Hbl key figures.

Total assets of hbl are 820981347, deposits are 653452460, and advances are 432283588, investments 209421147, profit 12298643, no of employees ( ) no of branches 1466,

Mission statement of Hbl

“To make our customers prospers; our staff excel and create value for shareholders.”

Core values of hbl

Excellence

Integrity

Customer focus

Progressiveness

Board of directors Hbl

NAME

DESIGNATION

SULTAN ALI ALLANA

CHAIRMAN

R.ZAKIR MAHMOOD

PRESIDENT AND CEO

MUSHTAQ MALIK

DIRECTOR

AHMED JAWAD

DIRECTOR

YASIN MALIK

DIRECTOR

MOEEZ JAMAL

DIRECTOR

UBL

United bank limited was established by Agha Hasan Abedi on July 24, 1959.UBL started its operations on 7 November 1959 with its first branch at Karachi. The gazette of Pakistan notified and included ubl in its list of scheduled banks in the same year. it is one of the largest commercial banks in Pakistan having more than 1120 branches in Pakistan and almost 18 plus branches in other countries like usa ,uae ,uk, Bahrain Qatar,yemen, Iran etc. its two important subsidiaries are united national bank limited (UNB,UK) and united bank AG ,Zurich

The bank was nationalized in 1971 along with other banks operating in the country by the government of Pakistan under the large nationalization process and the two other banks namely pak bank and commerce bank ltd were merge with ubl. On Oct 19 2002 the biggest event occurred in the history of ubl, as ubl was privatized and the government handed over the management of ubl to the successful bidder conglomerate of Abu Dhabi group and bestway holding ltd and 51 % shares of ubl were transferred to them.

Services provided by the bank.

Consumer Banking

Commercial banking

Corporate Banking

Investment

Treasury

UBL Ameen Islamic Bank

Online banking.

Ubl key figures

Total assets 619,744,051, advances 354,091,713, investments 136,145,524, and deposits 492,036,103, no of branches are 1100, and no of employees.13982

Mission statement

‘’TO DEVELOP AND DELIVER THE MOST INNOVATIVE PRODUCT , MANAGE CUSTOMER EXPERIENCE, DELIVER QUALITY SERVICES THAT CONTRIBUTES TO BRAND STRENGTH, ESTABLISH A COMPARATIVE ADVANTAGE AND ENHANCE PROFITABILITY, PROVIDING VALUE TO THE STAKE HOLDERS OF BANK’’

UBL VISION

“TO BE THE PREMIER ORGANIZATION OPERATING LOCALLY AND INTERNATIONALLY THAT PROVIDES A COMPLETE RANGE OF FINANCIAL SERVICES TO ALL SEGMENTS UNDER ONE ROOF.”

Ubl board of directors

Name

designation

SHEIKH NAHYAN MUBARIK AL NAHYAN

chairman

SIR MOHAMMAD ANWAR PARVAIZ

Deputy chairman

MR ATIF R BUKHARI

PRESIDENT AND CEO

MR OMAR ZIAD JAFFAR ALASKARI

DIRECTOR

MR ZAMEER MOHAMMAD CHOWDREY

DIRECTOR

MR SEERAT ASGHAR

DIRECTOR

MR MUHAMMAD SAMI SAEED

DIRECTOR

MR AMIN UDDIN

DIRECTOR

MR ARSHAD AHMED MIR

DIRECTOR

MR AQIL AHMED NASIR

COMPANY SECRETARY

MR RAYMOND KOTWAL

CHIEF FINANCIAL OFFOCER

Total assets comparison of the banks.

Bank

Total assets

National bank of Pakistan

944233 mln

Bank of Punjab

185, 909, 120

Habib bank limited

820981347

United bank limited

619,744,051

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