Allied Bank Limited of Pakistan.

There are a lots of banks and the services given by these banks
are similar with each other. But the customer want to get the A/C in the Bank that give the
customers the services beyond the expectations. Allied Bank Limited of Pakistan is one of the
leading banks in Pakistan’s Banks History. It is first established in Lahore Pakistan then this
Bank is given name the Allied Bank Pakistan. Allied Bank Limited of Pakistan is most
concerning and serving its customers since 1942.
Branches/ ATM’S of Allied Bank Limited of Pakistan
If you can locate the Allied Bank Limited of Pakistan according to your area then go to this
locator to get the services easily and more rapidly
http://abl.com/branch_atm/list.asp
History of Allied Bank Limited of Pakistan
Allied Bank Limited of Pakistan was the first bank to be established in Pakistan. It started out
in Lahore by the name Australasia Bank before independence in 1942; was renamed Allied
Bank of Pakistan Limited in 1974 and then Allied Bank Limited of Pakistan in 2005.
In August 2004 in Allied Bank Limited of Pakistan, because of capital reconstruction, the
Bank’s ownership was transferred to a consortium comprising Ibrahim Leasing Limited and
Ibrahim Group.
Today, with its existence of over many Years, the Bank has built itself a foundation with a strong
equity, assets and deposit base. It offers universal banking services, while placing major
emphasis on retail banking. The Bank also has the largest network of over 800 online branches
of Allied Bank Limited of Pakistan and offers various technology-based products and services
to its diverse clientele.During 1991, the Government of Pakistan decided to privatize Allied
Bank of Pakistan Limited.
Services given by Allied Bank Limited of Pakistan
Consumer Services:
• Internet Banking
• Online Banking
• Corporate Leasing
• ATM Network
• Unclaimed Deposits
• Deposit Account
• SME
• Agriculture
• Other Services
• Profit Rates
Commercial Services:
• Corporate Banking
• Project Finance
- Long Term Financing
 - Short Term Financing
- Trade Finance
• Investment Banking
• Project Finance
- Syndication
- Advisory
• Financial Institutions & Cash Management
• Cash Management
- Home Remittances
Career at Allied Bank Limited of Pakistan
Allied Bank Limited of Pakistan is amongst the leading commercial banks in the country and has
always played a pioneering role in introducing innovative, technology-based banking services.
The role played by its human resources is highly valued, both in terms of their skills and
dedication in implementing unique banking services.
http://abl.com/career/default.asp
Internet Banking of Allied Bank Limited of Pakistan
Banking is now at your fingertips! Allied Direct Internet Banking offers you the convenience to
manage and control your banking and finances – when you want, where you want! It’s Simple,
Convenient, Secure and Faster.
Go for it through below given link:
http://abl.com/commercial/internet_banking.asp

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/ 61

Sections

SectionsSection 1 of 96

• SUBMITTED BY:p. 1
• DESCRIPTIONp. 6
• EXECUTIVE SUMMARYp. 8
• INTRODUCTION TO ORGANIZATIONp. 9
• VISIONp. 9
• MISSIONp. 9
• CORE VALUESp. 9
• MEANING OF BANKp. 10
• Meaning of Bankingp. 10
• The Pre Independence History (1942 to 1947)p. 11
• Australasia Bank (1947 to 1974)p. 11
• Allied Bank (1974 to 1991)p. 12
• Allied Bank (1991 to 2004)p. 12
• Allied Bank (2005 to Date)p. 13
• Branch Networkp. 14
• Board of Directorsp. 15
• Audit Committeep. 15
• Company Secretaryp. 16
• Legal Adviserp. 16
• Shares Registrarp. 16
• Central Officep. 16
• Head Office/Registered Officep. 16
• Website & Emailp. 16
• Toll Free Numberp. 16
• Management System of ABLp. 17
• Allied Bank Managementp. 17
• Senior Executive Vicep. 19
• Executive Vice Presidentp. 19
• Vice Presidentp. 19
• Senior Vice Presidentp. 19
• MANAGEMENT HIERARCHYp. 19
• Regional General Managerp. 20
• Head of Departmentp. 20
• FUNCTIONAL HIERARCHYp. 20
• STAFF ORDER OF ASHRAFABAD BRANCHp. 21
• i. PLS Accountp. 23
• ii. Current Accountp. 23
• iii. Allied Basic Banking Accountp. 23
• iv. Allied Business Accountp. 24
• v. Foreign Currency Depositsp. 24
• vi. Monthly Profit Plusp. 25
• vii. Rewarding Term Depositp. 25
• viii. Allied Advance Profit schemep. 25
• ix. Behtar Munafa Accountp. 26
• x. Behtar Munafa Term Depositp. 26
• xi. Allied e-Savers Accountsp. 27
• Agriculture Financep. 28
• Farm Loansp. 28
• Non-Farm Loansp. 28
• Other Servicesp. 28
• Internet Bankingp. 29
• Online Bankingp. 29
• Corporate Leasingp. 29
• Allied ATM Networkp. 30
• 1-LINK ATMp. 30
• M-Net Networkp. 30
• CONSUMERp. 31
• Visa Debit Cardp. 31
• Get Cashp. 31
• Shop Anywherep. 31
• Enjoy Travelingp. 32
• Fuel Upp. 32
• Have Funp. 32
• Stay Alertp. 32
• Activation Instructionsp. 32
• Featuresp. 33
• CORPORATEp. 35
• Corporate Bankingp. 35
• Investment Bankingp. 35
• Financial Institutionsp. 36
• OWN PRACTICAL WORKp. 37
• DEMAND DRAFT:p. 38
• PAY ORDER:p. 38
• ACCOUNTS OPENINGp. 38
• ISSUANCE OF CHEQUE BOOKp. 39
• HOW TO CLOSE AN ACCOUNT:p. 39
• STRENGTHSp. 40
• WEAKNESSESp. 40
• OPPORTTUNITIESp. 40
• OPPORTUNITISp. 44
• THREATSp. 45
• Balance Sheetp. 47
• PROFIT & LOSS A/Cp. 48
• VERTICAL ANALYSIS of BALANCE SHEETp. 51
• HORIZANTAL ANALYSIS of BALANCE SHEETp. 52
• LOAN TO DEPOSIT RATIOp. 53
• LOAN TO ASSET RATIOp. 53
• NET PROFIT RATIOp. 53
• RATE OF RETURN AT LOANSp. 53
• RETURN ON ASSETSp. 53
• RETURN ON EQUITY CAPITALp. 53
• LOAN TO DEPOSITS RATIOp. 54
• RETURN ON EQUITYp. 60
 • SUGGESTIONS & RECOMMENDATIONSp. 61
• CONCLUSIONp. 61
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Auto-hide: on
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
1
INTERN
SHIP
REPORT
ON
SUBMITTED
BY:
IMTIAZ
LATIFROLL
NO.603Bs.C
om
(Hons)2006
-GCUF-919-
621SESSIO
N 2006-10
COLLEGE
OF
COMMER
CE
GOVERN
MENT
COLLEG
E
UNIVER
SITYFAIS
ALABAD
5
TH
October
2009
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
2
In The
Name of
ALLAH, The
Compassio
nate, The
Merciful.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
3
DEDICATI
ON
“
The
Holly
Prophet
Mohammad
(PBUH)
from where
all systems
and
standards
for quality
can
be downloa
ded
directly,
which are
applicable e
verywhere;
from daily
life to the
dynamically
changing
business
environment
”.
&
“My
Dear
parents and
Teachers
who taught
me the true
meaning of
life”
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
4
PREFACE
We are living
in a time of
extraordinary
change. The
environmenta
l and
economicthre
at is
frightening
large on the
entire sphere
of Pakistan
economy.
Pakistanifirms
must design
and make
better
products and
services and
should find
betterways to
market them.
What was
once
regarded
enough is no
longer
competitive.
What were
once limitless
resources are
now to be
used more
efficiently.
Todayan
organization
is on the
leading
edge.I have
tried my best
to peep into
the generic
as well as
real
cumulative
problemsface
d by the
pioneer of
banking
industry in
Pakistan.
Several
chapters
have
beenincluded
in the report
but they
seem to be
very
conventional
in nature
givingsupple
mentary
justification
to the fact
that ABL is
the most
conventional
of
theconventio
nal bank.
Imtiaz
Latif Roll #
603
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
33
Allied Visa
Credit
Card
Welcome to
the world of
privileges,
benefits and
savings with
your
AlliedVisa
Credit Card.
In order to
cater to your
growing
financial
needs we are
proudto
introduce
Allied Visa
Credit Card
with The
Lowest
Service
Charge ever!
Sonow you
can save
money where
it counts and
spend
lavishly at
your
favoriteplaces
with greater
flexibility,
convenience
and most
important-
Affordability!
With your
Allied Visa
Credit Card
you can enjoy
a variety of
state-of-the-
artfeatures
and
unmatched
value by
spending at
over 49,000
merchants
acrossPakista
n and 27
million
merchant
outlets
worldwide!
And what
more, you
canalso use
your credit
card at over 1
million ATMs
internationall
y.There are
two types of
Allied Visa
Credit Card:
a.
Allied Visa
Gold Credit
Card
b.
Allied Visa
Platinum
Credit Card
a. Allied
Visa Gold
Credit
Card
With your
Allied Visa
Gold Credit
Card every
Pakistani can
now enjoy
thebenefits of
a Gold Card
internationall
y with
unmatched
savings
greater
flexibility,con
venience and
security.
Features
Buy Now, Pay
Later
With your
Allied Visa
Gold Credit
Card, your
free credit
period allows
you to payfor
your
purchases up
to 50 days
after the date
of purchase.
So now you
can buyall
the things
you want -
whenever you
want - at your
own
convenience.
Flexible
Repayment
When paying
your credit
card bill, your
Allied Visa
Gold Credit
Card gives
you theoption
to either pay
the entire
amount
according to
your
statement or
a minimumof
5% of your
total
outstanding
balance.
Cash
Advance
Facility
As an Allied
Visa Gold
Credit Card
member, you
are entitled
up to 75% of
youravailable
credit limit in
cash. Just go
to your
nearest ATM
with the VISA
or PLUSsign
and avail the
facility of
withdrawing
cash 24 hours
a day.

INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
34
Allied Easy
Installments
(AEI)
The Allied
Easy
Installments
(AEI) plan
provides you
with the
facility to pay
youroutstandi
ng card
balance in
equal and
affordable
monthly
installments
spreadover 3,
6, 12, 18, 24,
30 or 36
months. So
now you can
easily afford
anythingfrom
everyday
household
appliances to
exotic
vacations
abroad.
Balance
Transfer
Facility
In case you
have
outstanding
balances on
other cards,
consolidate
these
ontoyour
Allied Visa
Gold Credit
Card with the
lowest BTF
rate and save
more onyour
outstanding
payments
than ever
before.

b. Allied
Visa
Platinum
Credit
Card
With your
Allied Visa
Platinum
Credit Card
you can enjoy
exceptional
benefitsand a
host of local
and
international
benefits like
never before!
Features
Visa Platinum
Golf
Fancy a game
of golf? With
your Allied
Visa Platinum
Credit Card,
you can
enjoygolf at
its best with
complimentar
y tee-offs,
discounted
green fees
and access to
some of the
world‟s most
celebrated golf
clubs.
Platinum Life
Life is a
unique
platform that
showcases
exclusive
programs and
events
speciallydesig
ned for Visa
Platinum
Credit
Cardholders.
With your
Allied Visa
PlatinumCredi
t Card, you
are eligible to
join this
exclusive
platform and
avail
manyexciting
services like
Platinum
Club,
Platinum
Dining,
Platinum Golf,
ExperientialTr
avel and
much more.
Visa Platinum
Club
As a member
of the Visa
Platinum
Club, you are
part of an
internationall
y
reputedrewar
ds program
that provides
an
unmatched
quality of
services and
customizedlu
xuries to all
Allied Visa
Platinum
Credit
Cardholders.
Visa
Experiential
Travel
Your Allied
Visa Platinum
Credit Card
now takes
you further
than ever
before.With
the Visa
Experiential
Travel
Program,
choose the
package of
your choice
asyou travel
the world and
enjoy exotic
travel
adventures
catered
especially to
yourtaste.
And also
enjoy Allied
Visa Gold
Credit Card
holder
facilities.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
35
CORPORATE
The Corporate
Investment
Banking Group
(CIBG) holds
the Bank‟s
loan
portfolio and
enjoys a
leading
position in
corporate
lending in the
country. It
offersa wide
range of
financial
services to
medium and
large sized
public and
privatesector
entities.These
services
include,
providing and
arranging
tenured
financing,
corporateadvi
sory,
underwriting,
cash
management,
trade
products,
corporate
financeprodu
cts and
customer
services on
all bank
related
matters. Vast
amount
offunds to
large
industrial and
corporate
sectors of the
economy and
because ithas
played a big
part in major
investment
and corporate
banking
transactionsA
llied Bank is
considered
one of the top
investment
banks in the
country
today.
Corporate
Banking
CBG offers a
wide range of
financial
services to
medium and
large
sizedpublic
and private
sector
entities. CBG
has expertise
in providing
exemplarycus
tomized and
personalized
service to its
Corporate
Customers
under
theRelationsh
ip
Management
concept,
which is
basically
catering to all
the customer
needs through
„One Window‟
operations.
CBG has
strategically
placed its
presence in
all major
corporate
hubs of the
country
namely
Karachi,
Lahore,Islama
bad, Multan
and
Faisalabad.It
presently
enjoys a
leading
position in
corporate
lending in the
countryand
has played a
key role in
economic
development
of the country
by
providinglarg
e facilities,
long term,
short term,
working
capital etc in
all the key
sectors ofthe
economy.
Despite being
a late entrant
in Corporate
Banking, CBG
has notonly
able to
position itself
as one of the
prime banks
for the
existing
clientele
butalso
created and
cemented
new
relationships
with several
top tier
names in
themarket.
Investment
Banking
ABL
–
IBG was
established in
2005 and
focuses on
the
InvestmentBa
nking market.
It has the
highest
number of
Successful
Arrangement
andParticipati
on in Key
Privatization
& Acquisition
Financing
Transactions
achieved
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
36
by any
Investment
Banking
Group in
Pakistan. It
has already
penetrated
theinvestmen
t banking
market by
taking the
lead in a
number of
major
transactionsa
nd arranging
funding of
more than
US$ 6 billion
to date.ABL
–
IBG is
reputable for
building
business on
the basis of
strongcorpora
te
relationships
and showing
a clear
understandin
g of
StructuredFin
ance. The
team consists
of dedicated
and young
professionals
with
extensiveexp
erience, who
provide
various
Advisory &
Arrangement
Services to
CorporateClie
nts. ABL-IBG
has played an
active role in
Debt
Origination
and
Distributionth
rough
innovative
and tailor
made
solutions for
its target
customer
base. It isalso
well known
for having
successfully
completed
mandates in
a timely
manner,and
is regarded
as one of the
most active
Investment
Banking
entities in
thecountry
today.
Financial
Institutions
AB
L‟s Financial
Institutions
team shows a
strong
commitment
to product
and business
development.
Our client
portfolio
includes top
domestic
names,import
ant regional
players, top
global
financial
institutions,
leasing
companies,m
odarabas,
microfinance,
the insurance
sector and
specialist
money
transfercomp
anies. ABL's
dedicated
team of
Financial
Institution
professionals
brings
awealth of
local and
international
expertise to
all facets of
this complex
industry,and
can serve as
your single
point of
contact for a
comprehensiv
e set of
productsand
services. As
our
institutional
customers
face
continuing
challenges,
they lookto
ABL for
comprehensiv
e
transactional
banking
solutions,
greater
operationaleff
iciency and
broad
geographic
coverage.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
37
OWN
PRACTICAL
WORK
During the
course of my
internship at
Allies Bank of
Pakistan
Ashrafabad
BranchFaisala
bad (0494), I
assisted the
manager
operations.
Moreover I
worked in
theremittanc
e department
clearing
Department
and I learned:

Account
Opening and
Closing

Filling of
deposit slips
of various
types of
deposit,
cheque,
onlinetransac
tion etc.

Preparation
of Weekly
and Monthly
Position

Allied Express
cash payment
(Remittance
paid on cash
counter)

Arrangement
of vouchers
by segment
of deposit
types.

Calling and
Checking of
Cash,
transfer,
clearing,
online
Transactions
fromday end
report.

Issuance of
Pay Order,
Demand
Draft

Making of Pak
A/CThe
purpose of
the bank is to
provide
financial
services to
general
public. And
forthis
purpose
different
banks provide
different
services to
the people in
differentform
s. The main
functions and
services
which ABL
provides to
different
Peoplesare as
follows:Open
different
accounts for
different
peoplesAccep
ting various
types of
depositsGrant
ing loans and
advancesFor
proper
functioning of
branches and
the overall
bank has
been divided
indifferent
departments.
These
departments
handle
different jobs
so that
division
ofwork is
there for
improvement
of functions
and also it is
easy to
control
thesituation.
The general
division is as
follows:Cash
DepartmentD
eposit
DepartmentCl
earing
department
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
38
Advances
DepartmentR
emittance
DepartmentH
uman
Resource
DepartmentT
echnology
DepartmentA
ccount
Opening and
Closing
Department
DEMAND
DRAFT:
Demand draft
is a written
order drawn
by a branch
of a bank
upon
thebranch of
same bank to
pay certain
sum of
money to or
to the order
of
specifiedpers
on. A demand
draft may be
issued
against the
written
request of
customerbefo
re issuing it
must be seen
that demand
draft is in
order.
PAY ORDER:
A Pay order is
written
authorization
for payment
made in a
receipt
fromissued
and payable
by the bank.
To the person
named and
address. A
record ofall
issued and
paid should
be
maintained.
ACCOUNTS
OPENING
When a
customer
wants to
open an
account, the
bank officer
givesapplicati
on form to
him. All
information,
which is
necessary to
be known by
thebank, is
requirements
of the
application
form. Some
essential
documents
alsorequire to
be attached
by the
customer
basically
following
information is
required:
Applicant‟s
Name
Date of
BirthNationali
tyIdentificatio
n No.
Mother‟s
name
Residential
AddressTelep
hone
NumberCurre
ncy of
AccountNatur
e of
BusinessResi
dential
StatusSpecial
instructions
regarding the
account
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
39
Signature of
the applicant
ISSUANCE
OF CHEQUE
BOOK
When a
customer
opens an
account with
the bank he
is provided
withchequebo
ok for
withdrawals
of account. A
chequebook
contains
twenty five
andfifty
leaves. The
chequebook
also carries a
requisition
slip for
issuance of
newchequebo
ok. The slip is
duly filled and
signed by the
customer.
HOW TO
CLOSE AN
ACCOUNT:
The account
can be closed
by the
customer.
The customer
is required
tosubmit an
application
for closing
the account.
Then the
account is
closed out
andhis
balance is
paid to him.
The
chequebook
is returned to
bank and the
officercancels
the remaining
cheques in
chequebook.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
40
SWOT
ANALY
SIS
STRENGTHS
WEAKNESS
ESOPPORTT
UNITIESTHR
EATS
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
41
SWOT
ANALYSIS
The SWOT
analysis is a
comprehensiv
e and critical
overview of
theoperations
, procedures,
rules and
regulations,
services and
other
relatedactiviti
es, the
analysis
include the
analysis of
ABL Bank
Branches in
the light
ofthe entire
branch and
Bank specific
variables
which directly
or indirectly
affect
theoperations
of the branch.
The tool
selected for
the analysis
of
organization
isSWOT
analysis.SWO
T analysis is
an acronym
that stands
for Strengths,
Weaknesses,
Opportunity
and Threats.
This
is a careful
evaluation of
an
organization‟s
strengths to
avail an
opportunity
by
overcoming
its
weaknesses
and phasing
outall the
threats to its
survival in
order to grow
and survive.
STRENGTHS
Allied Bank
Limited has
certain
strengths
whichare
different from
the other
Banks.
ABL is the
first Muslim
Bank of the
world, which
is owned and
managedby
its
own employs.
This is the
biggest
strength of
the Bank.A
feeling of
ownership is
present in
every employ,
which not
only helpsin
increasing the
productivity
of
employs but
also creates
sincerity with
theBank in
them.
Strength is
the high
motivation of
employees to
their work
because
theyknow
that what so
ever they do.
It will be in
their own
benefit.
Theyknow
that the
profit, which
they will
earn, will be
distributed
among
theemployee
s. So they
work with
high
motivation
and
concentration
.
Salaries are
very
reasonable,
so the
employees
are not
financiallydist
urbed and
they devote
their selves
fully to their
work.
They have
wide area
network in all
over the
Pakistan, so
that
theycover a
lot of
portion of
cash
transactions
and make
customer
satisfied.
The Bank has
very strict
rules and
regulations
about the
customer'sco
mplaints.
The
customers
are treated as
very special
persons in
the
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
42
Bank.The
branch is
linked
through an
online
network of
BRANCHES,
thusenabling
them to serve
customer in
better
way.This
branch is
provided with
latest
computer
which
increases the
speed
ofcomputer
work.The
branch is
situated in
commercial
area were
business
activities
performgreat
er as
compare to
residential
area. Thus it
increases the
number
ofcustomers.
The Branch
has the most
experienced
and the least
experienced
staff,which is
a good
combination
of
experienced
heads and
exuberance
ofyouth.All
Pakistan
branch
network in
remote areas.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
43
WEAKNESS
ES
No
entertainment
facilities are
available in
the Bank
whencustome
r goes to the
Bank and wait
for a longer
time.
Thesefacilities
can be the
newspaper.
Magazines,
etc.The
Branch has a
good staff
combination
on the basis
of
experience,
but
theirtraining
capabilities
are not up to
the
requirements
of the fast
changingbank
ing
environment.
The technical
training of
the staff is
negligible e.g.
in case of the
absence
ofcomputer
there is no
alternate
trained
personal who
can record
the
dailytransacti
ons.The
organization
is very much
mechanistic
and provides
no flexibility
toencourage
creativity.The
organizationa
l environment
is not
cooperative.I
n spite of the
presence of
technology
many jobs
are done
manually
such asthe
letters, drafts
for fax
messages
and other
calculations,
which could
beeasily,
done in MS
Word and Ms
Excel.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
44
OPPORTUNI
TIS
The policies of
the new
government
to uplift the
economy and
pursuefinanci
al
sector
reforms are
expected to
yield positive
results in
thebanking
industry of
the
country. The
ABL is very
well praised
to
availpromisin
g
opportunities.
As a result of
the different
steps taken by
the
Governmentre
garding the
betterment
of the
economy.
Small
borrowers
are
attractedto
get the
financing and
start small
businesses.
So, The ABL
has
anopportunity
to attract the
customers by
giving them
attractive
schemes.The
y have wide
area network
in all over the
Pakistan, if
ABL can
make
itpossible
the fast
delivery of
fund from
abroad
through
online
banking,
itcan cover
the
major market
of Pakistan
which still is
capturing by
'Hundi'.A
considerable
portion of the
labor force of
the area is
serving
overseas.Thei
r families can
be
encouraged
to use ABL as
channel for
remittances.T
he Internet
facility in the
area provides
an
opportunity
to ABL to get
Online.The
Bank has the
basic
infrastructure
, which can
facilitate the
onlineprocess
.
The location
of the ABL,
Ashrafabad
branch itself
provides an
opportunity
toABL to get
more and less
cost deposits.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
45
THREATS
First threat is
that of
political
influence
The biggest
threat in the
banking
sector is the
continuous
downfall of
thecountry
economy
since the last
few years. If
this downfall
remains
formore few
sears
then it may
be the great
barrier in
achieving the
Bank'sobjecti
ves.
High-pressure
interest
groups are
developing
which poses a
constant
threatto
Allied Bank.

The biggest
threat to the
operational
success of
the branch is
the better
competitor‟s
services. Many
private sector
banks are
offering higher
rates of
return to
customers
than Allied
Bank of
Pakistan.
One of the
biggest to the
ABL,
Ashrafabad
branch is the
increasing
rate
ofdissatisfies
customers.
Most of these
customers
were
observed to
bedissatisfied
with the
delays in
their
servicing.New
Privates Bank
coped with
emerging new
Technology of
IT.
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
46

FINAN
CIAL
STATE
MENTS
BALANCE
SHEETPRO
FIT& LOSS
A/CCASH
FLOW
STATEMEN
T
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
47
Balance
Sheet
As at December
31, 2008
Rupees in ‘000’
2008 2007
2006ASSETS
Cash and
balances with
treasurybank
s 23,653,754
29,739,857
23,042,011Ba
lances with
other banks
2,096,779
668,449
1,703,011Len
dings to
financial
institutions
15,793,183
18,419,241
19,050,239In
vestments
82,631,118
83,958,463
46,953,241Ad
vances
212,972,008
168,407,280
144,033,634
Operating
fixed assets
11,134,436
7,548,628
6,445,111Def
erred tax
assets
1,029,223
662,431
638,168Other
assets
17,369,691
10,705,374
10,161,36136
6,680,192
320,109,723
252,026,776
LIABILITIES
Bills payable
2,952,490
3,494,384
2,278,007Bor
rowings
27,778,151
22,933,656
18,410,425D
eposits and
other
accounts
297,475,321
263,972,382
206,031,324S
ub-ordinated
loans
2,498,000
2,499,000
2,500,000Lia
bilities
against
assets
subject
tofinance
lease - -
-Deferred tax
liabilities - -
-Other
liabilities
13,620,616
7,332,059
5,119,267344
,324,578
300,231,481
234,339,023
NET ASSETS
22,355,614
19,878,242
17,687,753
REPRESENTED
BY
Share capital
6,463,644
5,386,370
4,488,642Res
erves
5,804,776
6,050,713
6,133,209Una
ppropriated
profit
8,536,697
6,971,308
5,607,79620,
805,117
18,408,391
16,229,647Su
rplus on
revaluation of
assets
1,550,497
1,469,851
1,458,10622,
355,614
19,878,242
17,687,753
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
48
PROFIT &
LOSS A/C
For The Year
Ended December
31, 2008
Rupees in ‘000’
2008 2007 2006
Mark-
up/Return/Intere
st earned
30,570,540
21,201,422
17,215,507Mark
-
up/Return/Intere
st expensed
16,559,806
10,093,010
6,793,101Net
Mark-up/Interest
income
14,010,734
11,108,412
10,422,406Provi
sion against
non-performing
loans and
advances -net
1,372,155
2,712,936
583,305Provisio
n for diminution
in the value of
investments -net
1,781,110 719
(14,623)Bad
debts written off
directly 2,736
1,187
136,1893,156,0
01 2,714,842
704,871Net
Mark-up/Interest
income after
provisions
10,854,733
8,393,570
9,717,535NON
MARK-
UP/INTEREST
INCOMEFee,
commission and
brokerage
income
2,291,459
2,062,677
1,353,888Divide
nd income
1,420,364
147,184
193,255Income
from dealing in
foreign
currencies
230,060
194,879
282,285Gain on
sale of securities
151,068
1,439,387
376,792Unrealiz
ed loss on
revaluation of
investments
classifiedasheld
for trading - net
- (1,463)
(30,180)Other
income 59,154
77,435
273,028Total
Non-
markup/Interest
income
4,152,105
3,920,099
2,449,06815,00
6,838
12,313,669
12,166,603NON
MARK-
UP/INTEREST
EXPENSESAdmin
istrative
expenses
8,089,913
5,944,340
5,290,578Provisi
on against other
assets - net
214,284
119,579
205,307Provisio
n against off-
balance sheet
obligations - net
190,824 39,805
2,546Other
charges 390,877
256,869
7,078Total non-
markup/Interest
expenses
8,885,898
6,360,593
5,505,509Extra-
ordinary/unusual
items - - -PROFIT
BEFORE
TAXATION
6,120,940
5,953,076
6,661,094Taxati
on - Current
1,829,425
1,887,299
2,215,092- Prior
years - - --
Deferred
134,829
(10,381)
48,7521,964,25
4 1,876,918
2,263,844PROFI
T AFTER
TAXATION
4,156,686
4,076,158
4,397,250Unapp
ropriated profit
brought forward
6,971,308
5,607,796
2,731,979Transf
er from surplus
on revaluation
of fixed assets
-net of tax
17,541 32,701
19,4526,988,84
9 5,640,497
2,751,431PROFI
T AVAILABLE
FOR
APPROPRIATION
11,145,535
9,716,655
7,148,681Basic
earnings per
share (in
Rupees) 6.43
6.31 8.16Diluted
earnings per
share (in
Rupees) 6.43
6.31 8.16
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
49
Cash Flow
Statement
For the year
ended
December
31, 2008
CASH FLOWS FROM
OPERATING
ACTIVITIES
2008 2007 2006
Pr
ofit before taxation
6,120,940 5,953,076
6,661,094Less:
Dividend income
(1,420,364)
(147,184) (193,255)
4,700,576 5,805,892
6,467,839Adjustment
s for non-cash
charges
Depreciation/amortiz
ation 420,242
341,656
238,881Provision
against non-
performing loans and
advances(including
general provision)
–
net 1,372,155
2,712,936
583,305Provision/
(reversal of
provision) for
diminution inthe
value of investments
–
net 1,781,110 719
(14,623)Unrealized
loss on revaluation of
held for trading
securities --- 1,463
30,180Provision
against off balance
sheet obligations
–
net 190,824 39,805
2,546Operating
fixed assets written
off 20,711 ---
---Provision against
other assets
–
net 214,284 119,579
205,307Gain on sale
of operating fixed
assets (9,889)
(14,297) (68,397)Bad
debts written off
directly 2,736 1,187
136,1893,992,173
3,203,048 1,113,388
8,692,749 9,008,940
7,581,227(Increase)/
decrease in operating
assets
Landings to financial
institutions
2,626,058 630,998
(13,272,857)Held for
trading securities
32,397 203,250
327,421Advances
–
net (45,939,619)
(27,087,769)
(33,546,354)Other
assets (excluding
advance taxation)
(5,114,895)
(292,887)
(2,961,688)
(48,396,059)
(26,546,408)
(49,453,478)
Increase/(decrease)
in operating liabilities
Bills payable
(541,894) 1,216,377
(170,613)Borrowings
from financial
institutions
4,767,184 4,845,011
8,496,595Deposits
33,502,939
57,941,058
44,621,056Other
liabilities 6,074,203
2,145,627
640,26743,802,432
66,148,073
53,587,3054,099,12
2

48,610,605
11,715,054Income
tax paid 3,535,489
(2,260,777)
(2,386,844)
Net cash flows from
operating activities
563,633

46,349,828
9,328,210CASH
FLOWS FROM
INVESTING ACTIVITIES
Net investments in
available-for-sale
securities 1,347,298
(39,525,522)
(19,493,339)Net
investments in held-
to-maturity securities
(3,749,608)

2,782,945
16,953,404Net
investments in
subsidiaries ---
(437,512) ---Dividend
income 1,362,722

149,956
193,537Investments
in operating fixed
assets (2,659,638)
(1,493,897)
(1,997,685)Proceeds
from sale of fixed
assets 155,480

63,021 102,752
Net cash flows used
in investing activities

(3,543,746)
(38,461,009)
(4,241,331)
CASH FLOWS FROM
FINANCING ACTIVITIES
Proceeds from
issuance of sub-
ordinated loan --- ---
2,500,000Repaymen
t of sub-ordinated
loan (1000) (1000)
---Dividends paid
(1,753,971)

(1,902,755)
(1,096,654)
Net cash flows (used
in) / from financing
activities
(1,754,971)
(1,903,755)
1,403,346
Increase in cash and
cash equivalents
(4,735,084)
5,985,064 6,490,225
CASH AND CASH
EQUIVALENTS AT
BEGINNING OF THE
YEAR
29,842,093
24,302,648
17,753,472
EFFECT OF
EXCHANGE RATE
CHANGES ON CASH
510,618

64,999 123,950
AND CASH
EQUIVALENTSCASH
AND CASH
EQUIVALENTS AT
END OF THE YEAR
25,617,627
30,352,711
24,367,647
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
50
VERTI
CALAN
DHORI
ZONTA
L
ANALY
SIS
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
51
VERTICAL
ANALYSIS of
BALANCE
SHEET
ASSETS
Amount in
“000”

2006 2007
2008Rs. %age
Rs. %age Rs.
%age
Cash
andbalances
withtreasury
andother
banks24,745,
023 9.82%
30,408,306
9.50%
25,750,533
7.02%Lendin
g
tofinancialinst
itutions19,05
0,239 7.56%
18,419,241
5.75%
15,793,183
4.31%Invest
ments
46,953,241
18.63%
83,958,463
26.23%
82,631,118
22.53%Advan
ces - net
144,033,634
57.15%
168,407,280
52.61%
212,972,008
58.08%Opera
tingFixed
assets6,445,1
11 2.56%
7,548,628
2.36%
11,134,436
3.04%Deferre
d
taxassets638,
168 0.25%
662,431
0.21%
1,029,223
0.28%Other
assets
10,161,361
4.03%
10,705,374
3.34%
17,369,691
4.74%
Total assets
252,026,776
100%
320,109,723
100%
366,680,192
100%
LIABILITIES
Customerdep
osits206,031,
324 87.92%
263,972,382
87.90%
297,475,321
86.39%Inter
bankborrowin
gs18,410,425
7.86%
22,933,656
7.64%
27,778,151
8.07%Bills
payable
2,278,007
0.97%
3,494,384
1.17%
2,952,490
0.86%Other
liabilities
5,119,267
2.18%
7,332,059
2.4%
13,620,616
3.96%Sub-
ordinatedloan
s2,500,000
1.07%
2,499,000
0.84%
2,498,000
0.72%
TotalLiabilities
234,339,023
100%
300,231,481
100%
344,324,578
100%NET
ASSETS
17,687,753
7.55%
19,878,242
6.62%
22,355,614
6.49%
REPRESENTE
D BY:
Share capital
4,488,642
1.92%
5,386,370
1.79%
6,463,644
 1.88%Reserv
es
6,133,209
2.62%
6,050,713
2.02%
5,804,776
 1.68%Un-
appropriated
profit
5,607,796
2.39%
6,971,308
2.32%
8,536,697
2.48%Surplu
s
onrevaluation
ofassets
1,458,106
0.62%
1,469,851
0.49%
1,550,497
0.45%
INTERNSHI
P REPORT
ON ALLIED
BANK
LIMITED
2009Colleg
e of
Commerce
G.C
University
Faisalabad
52
HORIZANTA
L ANALYSIS
of BALANCE
SHEET
ASSETS
Amount in
“000”

2006 2007
2008Rs. %age
Rs. %age Rs.
%age
Cash
andbalances
withtreasury
andother
banks24,745,
023 100%
30,408,306
122.88%
25,750,533
104.06%Lend
ing
tofinancialinst
itutions19,05
0,239 100%
18,419,241
96.68%
15,793,183
82.90%Invest
ments
46,953,241
100%
83,958,463
178.81%
82,631,118
175.98%Adva
nces
144,033,634
100%
168,407,280
116.92%
212,972,008
147.86%Oper
atingFixed
assets6,445,1
11 100%
7,548,628
117.12%
11,134,436
172.75%Defe
rred
taxassets638,
168 100%
662,431
104.95%
1,029,223
161.27%Othe
r assets
10,161,361
100%
10,705,374
105.35%
17,369,691
170.93%Total
assets
252,026,776
100%
320,109,723
127.01%
366,680,192
145.49%
LIABILITIES
Customerdep
osits206,031,
324 100%
263,972,382
128.12%
297,475,321
144.38%Inter
bankborrowin
gs18,410,425
100%
22,933,656
124.56%
27,778,151
150.88%Bills
payable
2,278,007
100%
3,494,384
153.39%
2,952,490
129.60%Othe
r liabilities
5,119,267
100%
7,332,059
143.22%
13,620,616
266.06%Sub-
ordinatedloan
s2,500,000
100%
2,499,000
99.96%
2,498,000
99.92%Total
Liabilities
234,339,023
100%
300,231,481
128.11%
344,324,578
146.93%Net
Assets
17,687,753
100%
19,878,242
112.38%
22,355,614
126.39%
REPRESENTE
D BY:
Share capital
4,488,642
100%
5,386,370
120%
6,463,644
144%Reserv
es
6,133,209
100%
6,050,713
98.65%
5,804,776
94.64%Un-
appropriated
profit
5,607,796
100%
6,971,308
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INTERNSHI
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53
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21064300-INTERNSHIP-REPORT-ON-
ALLIED-BANK-LIMITED-2009
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• SUBMITTED BY:
• DESCRIPTION
• EXECUTIVE SUMMARY
• INTRODUCTION TO ORGANIZATION
• VISION
• MISSION
• CORE VALUES
• MEANING OF BANK
• Meaning of Banking
• The Pre Independence History (1942 to 1947)
• Australasia Bank (1947 to 1974)
• Allied Bank (1974 to 1991)
• Allied Bank (1991 to 2004)
• Allied Bank (2005 to Date)
• Branch Network
• Board of Directors
• Audit Committee
• Company Secretary
• Legal Adviser
• Shares Registrar
• Central Office
• Head Office/Registered Office
• Website & Email
• Toll Free Number
• Management System of ABL
• Allied Bank Management
• Senior Executive Vice
• Executive Vice President
• Vice President
• Senior Vice President
• MANAGEMENT HIERARCHY
• Regional General Manager
• Head of Department
• FUNCTIONAL HIERARCHY
• STAFF ORDER OF ASHRAFABAD BRANCH
• i. PLS Account
• ii. Current Account
• iii. Allied Basic Banking Account
• iv. Allied Business Account
• v. Foreign Currency Deposits
• vi. Monthly Profit Plus
• vii. Rewarding Term Deposit
• viii. Allied Advance Profit scheme
• ix. Behtar Munafa Account
• x. Behtar Munafa Term Deposit
• xi. Allied e-Savers Accounts
• Agriculture Finance
• Farm Loans
• Non-Farm Loans
• Other Services
• Internet Banking
• Online Banking
• Corporate Leasing
• Allied ATM Network
• 1-LINK ATM
• M-Net Network
• CONSUMER
• Visa Debit Card
• Get Cash
• Shop Anywhere
• Enjoy Traveling
• Fuel Up
• Have Fun
• Stay Alert
 • Activation Instructions
• Features
• CORPORATE
• Corporate Banking
• Investment Banking
• Financial Institutions
• OWN PRACTICAL WORK
• DEMAND DRAFT:
• PAY ORDER:
• ACCOUNTS OPENING
• ISSUANCE OF CHEQUE BOOK
• HOW TO CLOSE AN ACCOUNT:
• STRENGTHS
• WEAKNESSES
• OPPORTTUNITIES
• OPPORTUNITIS
• THREATS
• Balance Sheet
• PROFIT & LOSS A/C
• VERTICAL ANALYSIS of BALANCE SHEET
• HORIZANTAL ANALYSIS of BALANCE SHEET
• LOAN TO DEPOSIT RATIO
• LOAN TO ASSET RATIO
• NET PROFIT RATIO
• RATE OF RETURN AT LOANS
• RETURN ON ASSETS
• RETURN ON EQUITY CAPITAL
• LOAN TO DEPOSITS RATIO
• RETURN ON EQUITY
• SUGGESTIONS & RECOMMENDATIONS
• CONCLUSION

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