Professional Documents
Culture Documents
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SILKBANK
History
On September 15, 2001, under the supervision of the State Bank of Pakistan (SBP), the
institution then known as the Prudential Bank was acquired by the management and
associates of the Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd
(SAPICO).
Vision
Benchmark of Excellence in premier banking
Mission
To be the leader in premier banking, trusted by customers for accessibility, service &
innovation; be an employer of choice creating value for all stakeholder.
Values
Silkbank prides itself in being a conscientious and responsible corporate citizen with a
commitment to the development of Pakistan. At Silkbank our employees are
encouraged to give back to society and we have made concerted efforts towards the
development of healthcare, education and constructive, character building sports
activities in the underdeveloped segments of our country.
Core values
Customer Focus
Integrity
Teamwork
Creativity
Meritocracy
Humility
Online Express
Through the online express account, customers can access their accounts
online and enjoy online transactions. A few of the perks offered with this
account are;
Saving Accounts
Munafa Rozana
This account calculates your profit at 8% per annum and credits your
account with that amount daily.
Term Deposits
Term Deposit
The minimum amount for a deposit is Rs. 100,000. Customers may invest
their money for a certain period of time such as 1-2 months, 3-5 months
and 6-11 months, with interest rates being different for every amount
invested and the time it has been invested for.
exceeding Rs. 50 million, the business heads will decide on the rate of
interest to be provided to the customer.
Mahana Munafa
Through this account you can earn a maximum profit off your balance,
which is credited every month. A minimum balance of Rs. 100,000 is
required to open the account and profit is calculated at different rates of
each tier of investment.
Salana Munafa
With this account, customers receive a pay out every month on the
invested amount and the term deposit is valid for a year.
to
provide
cash-less
coverage
in
case
of
in-patient
Balance Sheet
2010
2011
2012
2013
2014
2015
14,74
7
18,37
5
17,84
3
11,332
9,899
9,013
20,56
1
14,10
4
23,91
6
20,05
5
26,26
0
44,82
8
1,389
803
2,777
791
1,900
2,000
2,446
1,523
4,342
2,913
2,605
4,330
1,001
904
832
862
801
1,324
1,601
1,436
1,409
1,484
1,058
658
944
33,46
0
1,276
34,21
6
1,266
37,48
2
1,810
42,52
5
2,567
52,90
3
3,118
82,51
7
-2,609
-2,544
-2,398
-2,292
-2,104
-2,073
-241
-235
-118
-113
-102
-102
-99
30,51
1
-106
31,33
1
-112
34,85
4
-119
40,00
1
-115
50,58
1
-176
80,16
6
14,87
2
17,66
9
22,75
4
24,63
3
31,64
2
Borrowings
6,535
3,996
2,477
2,987
5,965
38,84
4
27,32
6
116
529
251
919
309
492
Other liabilities
1,062
Total liabilities
22,58
5
955
23,14
9
856
26,33
8
Net assets
7,926
Share capital
14,33
5
8,182
14,33
5
8,516
14,33
5
1,331
29,87
0
10,13
1
Assets
Advances - gross
Investments - gross
Liabilities
Bills payable
8,082
1,411 1,660
39,32 68,32
6
2
11,25
5 11,844
10,08 10,08
2
2
1,614 -
43
90
151
167
-6,442
-6,252
-6,012
7,936
8,173
8,474
291
10,15
4
-10
42
-23
213
299
472
816
10,76
7 11,198
488
647
7,926
8,182
8,516
10,13
1
11,25
5 11,844
Horizontal Analysis
2010
2011
2012
2013
2014
2015
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
124.60161
67.125517
5.4451753
10.327524
6.1300604
9.7375737
8.6526073
232.02007
-17.25097
-1.593544
-0.71879
212.45677
120.9941
79.53583
199.928
177.5143
83.11688
88.0075
134.1102
112.0203
91.91261
48.96266
113.1313
114.2342
139.425
124.4617
56.94744
119.0924
86.11389
92.69207
191.7373
127.0921
87.84975
46.88797
120.202
131.1035
162.1754
176.9767
136.7891
106.5004
80.01998
66.0837
271.928
158.1082
80.64392
42.32365
116.1616
165.7796
178.0701
395.5877
143.9885
177.0237
132.2677
41.09931
330.2966
246.6139
79.45573
42.32365
177.7778
262.7446
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
119.8142
27.097037
3.5871703
6.4758934
156.9743
55.482471
97.206211
0
0.6102936
-42.39506
55.421442
0.0610294
55.482471
152.9989
37.9036
216.3793
80.60264
116.6172
107.4439
100
0
351.1628
93.32505
106.7792
-420
107.4439
165.6334
45.70773
792.2414
125.3296
132.2559
127.8198
56.37949
0
388.3721
-4.51723
127.9486
230
127.8198
212.7622
91.27774
266.3793
132.8625
174.1244
142.001
70.33136
0
495.3488
-7.32692
135.6729
-4880
142.001
261.1888
418.1484
424.1379
156.3089
302.5105
149.4322
70.33136
0
695.3488
-12.6669
141.1038
-6470
149.4322
Comments
2011
2012
2013
2014
2015
48.33339
37.1407
4.552456
8.016781
3.280784
5.247288
3.093966
109.6654
-8.55101
-0.78988
-0.32447
100%
58.64798
31.59491
2.562957
4.861
2.885321
4.58332
4.072644
109.2081
-8.11975
-0.75006
-0.33832
100%
51.19355
25.8593
7.967522
12.45768
2.3871
4.042578
3.632295
107.54
-6.88013
-0.33856
-0.32134
100%
51.40121
35.25912
1.977451
7.282318
2.154946
3.709907
4.524887
106.3098
-5.72986
-0.28249
-0.29749
100%
47.28258
39.64928
3.756351
5.150155
1.583599
2.091695
5.075028
104.5907
-4.15966
-0.20166
-0.22736
100%
32.75703
55.91897
2.494823
5.401292
1.651573
0.820797
3.889429
102.9327
-2.58588
-0.12724
-0.21954
100%
48.74308
21.4185
0.380191
3.480712
74.02248
25.97752
46.98306
0
0.140933
-21.1137
26.01029
-0.03278
25.97752
56.39463
12.75414
1.688424
3.048099
73.88529
26.11471
45.75341
0
0.287255
-19.9547
26.08599
0.028726
26.11471
65.28376
7.106788
0.720147
2.455959
75.56665
24.43335
41.12871
0
0.433236
-17.2491
24.31285
0.120503
24.43335
61.58096
7.467313
2.297443
3.327417
74.67313
25.32687
20.20449
4.034899
0.41749
0.727482
25.38437
-0.0575
25.32687
62.55709
11.79297
0.610901
2.789585
77.74856
22.25144
19.93239
0
0.421107
0.933157
21.28665
0.964789
22.25144
48.45446
34.08677
0.613727
2.070703
85.22566
14.77434
12.5764
0
0.372976
1.017888
13.96852
0.807075
14.77434
Comments
Income Statement
2010
2011
2012
2013
2014
-1,350
3,35
2
1,94
4
1,034
1,408
3,05
4
1,72
2
1,33
2
3,20
7
1,82
3
1,38
4
4,61
9
2,80
6
1,81
3
152
153
201
41
507
2,384
2015
5,468
3,32
6
2,14
3
133
83
112
44
23
38 -
144
47
24
98
321
1,35
5
1,46
2
153
1,56
1
1,39
7
154
1,48
6
1,45
9
160
1,54
4
1,55
1
217
2,03
0
1,64
6
805
2,94
8
2,111
-24
37
137
88
41
-22
-131
201
164
81
425
815
11
36
137
-199
-385
-120
237
301
84
226
431
2010
2011
2012
2013
2014
2015
100%
22.730047
128.104
134.5218
193.75
229.3624
100%
-13.18234
127.5556
135.037
207.8519
246.3704
100%
9.5477046
128.8201
133.8491
175.3385
207.2534
100%
0.5628263
84.21053
114.2857
115.0376
151.1278
100%
0.1559639
86.36364
93.18182
1152.273
100%
0.3187089
2.777778
5.555556
16.66667
68.05556
100%
1.0374992
47.97508
49.84424
67.60125
250.7788
100%
10.585204
109.6679
113.9483
149.8155
217.5646
100%
-9.473113
99.7948
106.0876
112.5855
144.3912
100%
0.2508985
-570.833
-366.667
-170.833
91.66667
100%
1.3629891
-125.191
-61.8321
-324.427
-622.137
100%
0.2441174
1245.455
27.27273
-1809.09
-3500
100%
1.6071065
-250.833
-70
-188.333
-359.167
Comments
2010
2011
2012
2013
2014
2015
100%
100%
100%
100%
100%
100%
-56.6275
-57.9952
-56.3851
-56.8444
-60.7491
-60.8266
43.37248
42.00477
43.61493
43.1556
39.25092
39.19166
5.578859
2.476134
3.667322
4.739632
3.312405
3.675933
1.845638
0.686158
1.24427
0.887638
9.272129
6.040268
1.402148
0.130976
0.249454
0.519593
1.792246
13.46477
4.564439
5.042567
4.989086
4.697987
14.72202
56.83725
46.56921
48.6575
48.14468
43.94891
53.91368
-61.3255
-41.6766
-47.7734
-48.363
-35.6354
-38.6064
-1.00671
1.103819
4.48592
2.743998
0.887638
-0.40234
-5.49497
5.99642
5.370007
2.525725
9.201126
14.9049
0.461409
1.073986
4.48592
0.093545
-4.30829
-7.04097
-5.03356
7.070406
9.855927
2.61927
4.892834
7.882224
Comments
Ratio Analysis
Ratios
2010
2011
2012
2013
2014
2015
-1.60%
2.90%
3.60%
0.90%
2.10%
3.70%
-0.40%
0.80% 0.90%
12.90 11.00
-9.60%
%
%
81.60 89.60 67.90
%
%
%
107.90 89.50 98.20
%
%
%
0.20%
5.30%
74.20
%
100.40
%
0.50%
20.90
%
68.90
%
81.10
%
0.60%
27.70
%
62.30
%
71.60
%
-0.1
0.16
0.37
0.1
0.24
0.43
1.96
1.45
2.85
4.72
810
760
732
614
602
657
28
28
28
28
28
34
Number of employees
Number of branches
Comments
Conclusion
References