national bank report. detailed report

7/27/2019 National Bank report. detailed report

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Chapter -1

INTRODUCTION


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CHAPTER 1

INTRODUCTION

1.1 BACKGROUND OF STUDY

Financial institutions operating in country are the strength of the economic growth of

the country. The Banking sector is one of the exampled of financial institution, which

can play a very vital role in the development of the over all economy of a country.

Banking sector has now become a very challenging field with the advent of modern

technology of in creased competition.

The role of banking sector is very important for the development of the

country but as for as Peshawar is concerned, the Banking sector has been

very advantageous to it, because of the huge amount of remittances from

abroad and other parts of the country.

This report attempts to present the study of National Bank focusing its

Peshawar city Branch. It is based my 06-weeks internship.

1.2 PURPOSE OF STUDY

The purpose of the study is to work in real life situation and learn banking

practice by doing. In this context its objectives are:

1. To analyze banking operations i.e. operational analysis, financial

analysis.

2. To develop concrete and feasible recommendations.

1.3 SCOPE OF WORK

The scope of this particular report confined to the National Bank NLI Market

Peshawar city Branch.This report may help students to understand the

banking activities 2

of NBP in our country and to evaluate the overall performance of NBP through

detail analysis of daily activities.


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I worked in different departments of NBP but my main focus was on

Cash department. This department deals with the acceptance of utility bills,

payment of cash, acceptance of treasury receipts and receipts of cash

deposits etc.

1.4 METHODOLOGY

During internship one needs to collect quality information about the

organization as much as possible. Following are the main sources from where

I collected the data.

1.4.1 Primary Data:

Data that have been originally collected and have not undergone any

statistical analysis I collected primary data for the report

1. Through personal observation

2. Through discussion with managers of different departments of Bank.

1.4.2 Secondary Data:

Data that have been undergone any statistical analysis and collected from

some previous data

1. Manual

2. Annual report

3. Internet

4. Documents published by the bank

1.5 SCHEME OF THE REPORT

I have divided my report into relevant chapters.

Chapter No 1: It includes background of study, purpose, scope of work, which

methodology is used for the collection of the data

Chapter No 2: It includes overview of the organization


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Chapter No 3: Its about the organizational structure

Chapter No 4: it includes critical analysis

Chapter No 5: consist of SWOT Analysis.

Chapter No 6: consist of the conclusion and recommendations based on

findings from the study.


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Chapter -2

HISTORY OF NATIONAL

BANK OF PAKISTAN


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CHAPTER 2

HISTORY OF NATIONAL BANK OF PAKISTAN

2.1 Brief History

National Bank of Pakistan (the bank) was established under the National

Bank of Pakistan Ordinance 1949 and is listed on all the stock exchanges in

Pakistan. Its registered and head office is situated at I.I.Chundrigar road,

Karachi. The bank is engaged in providing commercial banking and related

services in Pakistan (GOP) as agent to State Bank of Pakistan (SBP). The

bank operates 1,219 branches in Pakistan and 19 overseas branches. Under

a Trust Deed, the bank also provides services as trustee to National Bank of

Pakistan investment Trust (NIT) including safe custody of securities on behalf

of NIT. At the time of independence in 1947, Government of Pakistan decided

that Reserve Bank of India would act as the common monetary authority of

both countries up to September 1948. But this arrangement did not worked

due to certain reasons. In October 1947, there was fighting in Kashmir and

India refused to pay the share of Pakistan amounting Rs.550 million. Due to

Indian government attitude and role of Reserve Bank of India in creating

problems to cater to the banking needs of Pakistan. Government of Pakistan

established its own central bank SBP on 1st July 1948.

Soon after independence of Pakistan, most of our foreign trade was with India

and Britain. Britain and other countries of Commonwealth devaluated their

currencies. India also followed Britain and devalued her currency. They were

also compelling Pakistan to do so.

Stocks of jute in East Pakistan and that of cotton in West Pakistan were

accumulating. At that time to rescue the economy of the country, the

Government of Pakistan established National Bank of Pakistan under National

Bank of Pakistan Ordinance 1949. NBP acted promptly and advanced loans

to the farmers. National Bank of Pakistan was set up with authorized and

paid-up share capital of Rs.30 (M).


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The government held 75% of shareholding and remaining 25% of the share

capital was held by the private sector.

In 1952 NBP replaced Imperial Bank of India. Mr. Mumtaz Hassan as Acting

Governor of SBP negotiated this arrangement. In 1962 when Mr. MumtazHassan became MD (He had already served NBP for 10 years as its

Chairman or Government Director), at that time NBPs branches were

increased from 6 to 239 and deposits from Rs.5 core (50million) to 106 core

(1 billion & 60 million), profit from 0.3 million (3 lack) to 21 million (2.1 core)

and the staff increased from 380 to 7091 as compared to year 1949-50. In

December, 1966 its 600 th branches was opened raising the Deposits to 2.31

billion and staff to 14, 963. Up to 1965, the shareholders had received 225%

of their original investment.

In 1974 during the era of nationalization, different small banks including Bank

of Bahavelpure were merged in National Bank of Pakistan. In addition to this

Bank of Mehran and NDFC were merged in it. National Bank of Pakistan

maintains its position as Pakistan's premier bank determined to set higher

standards of achievements. It is the major business partner for the

Government of Pakistan with special emphasis on fostering Pakistan's

economic growth through aggressive and balanced lending policies,

technologically oriented products and services offered through its large

network of branches locally, internationally and representative offices.

2.2 NATURE OF ORGANIZATION

NBP is a financial sector of economy. It provides credit lines for project

financing like LMM and ISDA etc. it invest in government securities and

bonds. It keeps the deposits of the people and provides lockers and agency

services. It acts as an agent of the SBP. NBP performs some general

functions on behalf of the Government of Pakistan like distribution of salaries

to the government servants and payment of pensions to hundreds of

thousand of pensioners across the country.


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2.3. BUSINESS VOLUME

Assets Amount

Bank paid up capital Rs8969 millions

Net assets Rs102459218

Share capital Rs8154319

Reserves Rs15772124

Earning per share is Rs23.3

2.4 Products Line

2.4.1 Domestic Remittance Products

2.4.1.1 Demand Drafts

NBP offers safe, speedy and reliable way to transfer money through Demand

Drafts at very reasonable rates. Any person whether an account holder of the

bank or not,

Can purchase a Demand Draft from a bank branch. Amount is credited by

bank in the account only when the Demand Draft is crossed. The bank

charges for Demand Draft are given in the NBP Tariff circulated bi-annually.


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2.4.1.2 Travelers Cheques

Negotiability: Pak Rupees Travelers Cheques are a negotiable

Instrument.

Validity: There is no restriction on the period of validity.

Availability: At 700 branches of NBP all over the country.

Encashment: At all 400 branches of NBP

Limitation: No limit on purchase

Safety: NBP Travelers Cheques are the safest way to

Carry our money.

2.4.1.2 Pay Order

For transferring money within the City, NBP provides another product Pay

Order which is a secure and easy way to move money. And, as usual, NBPs

charges for this service are extremely competitive.

2.4.1.3 Mail Transfers

Move your money safely and quickly using NBP Mail Transfer service. And we also

offer the most competitive rates in the market. One of the requirements to affect

remittance through Mail Transfer is that the customer should be an Account Holder.

WAPDA is only one company in Pakistan which is exempted from any bank charges

on Mail Transfer of money. Otherwise, Bank charges a certain amount on for

effecting remittance through Mail Transfer. Bank Charges are announced through a

circular bi-annually.

2.4.1.4 Foreign Remittances

To facilitate its customers in the area of Home Remittances, National Bank of

Pakistan has taken a number of measures to:

1. Increase home remittances through the banking system


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2. Meet the SBP directives/instructions for timely and prompt delivery of

remittances to the beneficiaries.

2.4.1.4.1New Features:

The existing system of home remittances has been revised/significantly

improved and well-trained field functionaries are posted to provide efficient

and reliable home remittance services to nonresident Pakistanis at 15

overseas branches of the Bank besides Pakistan International Bank (UK) Ltd.,

and Bank Al-Jazira, Saudi Arabia.

1. Zero Tariffs: NBP is providing home remittances services without anycharges.

2. Strict monitoring of the system is done to ensure the highest possiblesecurity.

3. Special courier services are hired for expeditious delivery of homeremittances to the beneficiaries.

2.4.2 RETAIL BANKING PRODUCTS

2.4.2.1 NBP SAIBAAN: HOUSING FINANCE

In line with vision of President NBP, the Commercial & Retail Banking Group

at NBP has recently launched a housing finance scheme under the brand

name of NBP SAIBAN

This scheme covers all sections of the society with monthly income startingfrom as low as Rs.5000/- per month *(Conditions apply)

This retail/consumer financing product is branded as NBP Saibaan (Housing

for all), the scheme offers a maximum loan of Rs.10 million in accordance with

the debt burden criterion.

Loans are available

1. Home Construction,


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2. Home Purchase

3. And Home improvement. For Home improvement Loans the maximum

amount is Rs.2.00 Million.

Home Construction and Home Purchase loans can be repaid over a period of20 years, whereas the repayment period for Home Improvement loan is 15

years.

2.4.2.2 What Is NBP Saibaan?

NBP Saibaan is the most affordable House Financing Scheme. You can avail

now and repay over a 3 to 20 years period. Home purchase loans up to 10

million

1. Home reconstruction loans up to 10 million

2. Home improvement loans up to 2.0 million 3 to 15 years)

2.4.2.3 Why NBP Saibaan Affordable?

1. Easy installment

2. No surprises

2.4.2.4 Flexible

1. Mark-up choices

2. Grace period option

3. Convenient

4. Structured and programmed

5. Minimum approval and Disbursement timing

2.4.2.5 Required Documents

Applications Form along with

1. Two attested passport size Photographs

2. Two attested copies of your National Identity Card

3. Cheque for the processing charges


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2.4.2.6 Property Documents

Any title document available (other documents may be required) and for

Salaried Persons, Whose Salaries Are Disbursed Through NBP Branch

2.4.2.6.1 Employer Undertaking for remittance of salary at relevant NBP

branch for credit to customers account ( to be provided at a later

stage, format available at relevant branch)

1. Employee ID Copy attested by NBP Branch (where applicable)

2. Attested copies of last three (3) months salary slips

3. Attested copies of last three (3) months bank statements.

2.4.2.6.2 For Salaried Persons of MNCs and NBP Approved

Companies

1. Employer Undertaking duly attested by relevant NBP Branch, where

applicable (to be provided at a later stage, format available at

relevant Branch)

2. Attested copies of last three (3) months Salary Slips

3. Letter of Verification of Employment on Company

4. Letterhead mentioning the date of joining.

5. Attested copies of last three (3) months bank statements.

2.4.2.6.3 For Other Salaried Persons

1. Letter of Verification of Employment on Company Letterhead

mentioning the date of joining2. Attested copies of last three (3) months Salary Slips

3. Attested copies of last twelve (12) months bank statement.

4. Attested copies of last three (3) months paid bills for electricity and

telephone.

5. OR Copies of last (12) Twelve months credit card bills (which ever is

available)


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2.4.2.6.4 For Business Persons

1. Bank Certificate stating applicant maintaining Business Account andthe date of account opening.

2. Attested copy of latest Form 29 in case of Private or Public LimitedCompany.

3. Attested copy of Partnership Deed (where applicable)

2.4.2.6.5 For Self- Employed Persons

1. Attested copy of current professional associationmembership/practicing certificate.

2. Adequate proof of professional engagement like bank certificates

3. Attested copy of Partnership Deed (where applicable

4. Any other document may be required on case to case basis by thebank.

2.4.2.7 Mark Up Rates

2.4.2.7.1 Fixed Rate Option

1. Priced at 10 years PIB rates plus 3.5% with re-pricing after 10 years

2. (Subject to a minimum floor)

2.4.2.7.2 Variable Rate Option:-

1. SBP Discount Rate with 12 months re-pricing (subject to a minimumfloor)

2.4.2.7.3 Processing Fee

1. For government employees including NBP employees irrespective of

the finance amount Rs.500/

2. For Others

3. Financing below Rs.1 million: Rs.1000/-

4. Financing between Rs. 1 to 4 million: Rs.3000/-

5. Financing above Rs. 4 million: Rs.6000/-


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2.4.2.8 Who Can Apply

1. You are a Resident Pakistani national

2. You are aged between 21 and 62 years at the time of

application/disbursement of loan

3. You are a salaried person, self-employed professional or businessperson.

4. You have a Net Take Home income not less than Rs.5000/- per

month (Govt. and related organization employees) and Rs.10,000/-

per month (for other salaried class) Rs.15,000/- per month (for

business persons and self employed)

5. Your property is located in NBP approved localities

6. Your duration of service is: Two years for salaried and three years forSelf-Employed/Business Persons.

2.4.3 NBP ADVNANCE SALARY

National Bank of Pakistan is offering another Retail Banking product under the

brand name of NBP Advance Salary. NBP posted an exceptional growth in

NBP Advance Salary. Presently there are

Over 500,000 customers of this product. NBP is maintaining approximately

1.7 million salary accounts of government/semi-government employees. To

tap these potential borrowers, NBP introduced this product.

2.4.3.1 Eligibility

This product is for NBP account holders who are permanent employees of the

Federal, Provincial government, semi-government, autonomous, semi-

autonomous, local bodies and other government corporations including NBP

whose salaries are disbursed through NBP.


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The documentation is minimal and documentation formalities can be easily

fulfilled. The prospective customer has to submit following

documents/information before sanction/approval of loan:-

1. Loan Application Form

2. Attested copy of NIC

3. Two References (preferably account holder of the bank)

2.4.3.2 Maximum Amount of Advance

The maximum limit under NBP Advance Salary Scheme is 15 net take home

salaries or Rs 490,000/- whichever is lower.

2.4.3.3 Repayment

Repayment period is up to 5 years. Repayment under this scheme is only by

debit of the salary account (through direct debit system) i.e. the facility will be

repaid from the employees salary each month.

2.4.3.4 Sanction Power

Branch Managers can approve, sanction and disburse strictly in compliance

with the parameter of the scheme. Approval of higher amounts will be strictly

in compliance with business discretionary powers.

2.4.3.5 Enhancement

Whenever customer requests for enhancement in the limit then a freshapplication form and new documentation are required.

2.4.3.6 Other Features

1. Rate of mark-up is 13%

2. Minimum net take home salary of Rs 5,000 per month is required

3. Debt burden requirement is 33%

4. No processing charges, no collaterals, no guarantees, no insurance


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2.4.4 AGRICULTURAL FINANCE

NBP provides Agricultural Finance to solidify faith commitment and pride of

farmers who produce some of the best agricultural products in the World .

2.4.4.1 Agricultural Finance Services

I Feed the World program, a new product, is introduced by NBP with the aim

to help farmers maximize the per acre production with minimum of required

input. Select farms will be made role models for other farms and farmers to

follow, thus helping farmers across Pakistan to increase production.

2.4.4.2 Agricultural Credit

The agricultural financing strategy of NBP is aimed at three main objectives:-

1. Providing reliable infrastructure for agricultural customers.

2. Help farmers utilize funds efficiently to further develop and achieve

better production.

3. Provide farmers an integrated package of credit with supplies of

essential inputs, technical knowledge, and supervision of farming.

2.4.5 NBP KISAN DOST

The salient features of NBP Kisan Dost are as follows:-

1. Loan available for the farmers for production, development purposes

2. Loans are also available for purchase of tractors, for installation of

tube wells, for purchase of agricultural implements, micro loans, for

godown construction, for construction of fish pond, for livestock

farming, for milk processing, for cold storage, bio-gas plants etc

3. Mark-up rate is 11 % per annum4. Loans available at the farmers doorsteps
http://www.nbp.com.pk/KisanDost/Index.aspx


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5. Agriculture experts to guide farmers

2.4.6 Foreign Trade and Foreign Exchange

2.4.6.1 Letters of Credit

NBP is committed to offering its business customers the widest range of

options in the area of money transfer. If you are a commercial enterprise then

our Letter of Credit Service is just what you are looking for. With competitive

rates, security, and ease of transaction, NBP Letters of Credit are the best

way to do your business transactions.

2.4.6.2 Foreign Currency Accounts

NBP is facilitating its customers who are either sending remittances from

abroad or their near ones send money in foreign currency by opening foreign

currency accounts in US$, Pound Sterling etc.

2.4.7 General Banking

2.4.7.1 Short Term Investments

NBP now offers excellent rates of profit on all its short term investment

accounts. Whether you are looking to invest for 3 months or 1 year,

NBPs rates of profit are extremely attractive, along with the security and

service only NBP can provide.

2.4.7.2National Income Daily Account (NIDA)

The scheme was launched in December 1995 to attract corporate customers.

It is a current account scheme and is part of the profit and loss system of

accounts in operation throughout the country.


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2.4.8 Corporate/Commercial Finance

2.4.8.1WORKING CAPITAL AND SHORT TERM LOANS

NBP specializes in providing

1. Project Finance

2. Export Refinance to exporters

3. Pre-shipment and Post-shipment financing to exporters

4. Running finance

5. Cash Finance

6. Small Finance

7. Discounting & Bills Purchased

8. Export Bills Purchased/Pre-shipment/Post Shipment Agricultural

Production Loans.

2.4.9 MEDIUM TERM LOANS AND CAPITAL EXPENDITURE

FINANCING

NBP provides financing for its clients capital expenditure and other long-term

investment needs. By sharing the risk associated with such long-term

investments, NBP expedites clients attempt to upgrade and expand their

operation thereby making possible the fulfillment of our clients vision.

2.4.9.1International Banking

National Bank of Pakistan is at the forefront of international banking in

Pakistan which is proven by the fact that NBP has its branches in all of the

major financial capitals of the world. Additionally, we have recently set up the

financial institution Wing, which is placed under the Risk Management Group.

The role of the Financial Institution Wing is:-

To effectively manage NBPs exposure to foreign and domestic

correspondence manage the monetary aspect of NBPs relationship with the

correspondents to support trade, treasury and other key business areas,

thereby contributing to the banks profitability.


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Generation of incremental trade-finance business and revenues

2.4.9.2NBP offers:

1. The lowest rates on exports and other international banking products

2. Access to different local commercial banks in international banking

2.4.10 Student Loan Scheme

NBP is offering student loan which is interest free for financial assistance of

needy students who have good educational record. The scheme was

launched

in pursuance of announcement made by the Federal Finance Minister in his

budget speech for 2001-2002 in collaboration with Government of Pakistan

and major commercial banks including NBP. Under the scheme, financial

assistance is provided by way of interest free loans to meritorious students

who have financial constraints for pursuing their studies in scientific, technical

and professional education within Pakistan.

The scheme is being administered by a high powered committee comprising

Deputy Governor, State Bank of Pakistan, Presidents of Commercial banks

and Deputy Secretary, Ministry of Finance, Government of Pakistan.

2.4.10.1 Eligibility

Under the scheme the students are eligible to apply for loans provided:-

1. He/She has obtained admission on merit in the approved

Universities/colleges of the public sector.

2. He/She falls at the time of admission with the age bracket of

3. For Graduation (Not exceeding 20 years)

4. For Post-Graduation (Not exceeding 30 years)

5. For Ph. D (Not exceeding 35 years)

6. He/She has secured 70% marks in the last public examination

7. He/She has undertaken the study of the approved subject.

8. He/She is unable to pursue studies due to financial constraints.


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2.4.10.2 Types of Loan

The loan facility will be available for the entire duration of the study for:-

1. Schedule Fee (Paid directly to the university/college).

2. Boarding Expenses excluding meal charges (paid directly to the

university/college).

3. Procurement of textbooks-disbursed directly to the student.

2.4.10.3 Repayment

The maximum period of repayment of loan is 10-years from the date of

disbursement of first installment. The borrower shall repay the loan in monthly

installment after six months from the date of first employment or one year

from the date of completion of studies, which ever is earlier.

2.4.11 Employees Services Safety, Health and Welfare

National Bank of Pakistan is not only a commercial institution but also a

welfare institution, who always strive for the well being and welfare of theemployees and in this regard offers following benefits to its employees.

1. Pension, insurance, gratuity and provident fund facility

2. Free medical facility for self, family and parents.

3. Scholarships for children.

4. Housing facility in the shape of housing colony in the big cities.

5. School fees for the children.

6. Car loan, Computer loan and House loan facility at easy Installments.

7. Five bonuses and awards to all employees every year.

8. Market based salary structure and increase in the salary every year.

9. Establishment of NBP Staff Welfare Trust.

2.4.11.1 Staff Loan


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To motivate employees of the bank, NBP is offering different loan facilities at

subsidized rates. Following loan facilities are offered by the bank:-

1. Computer Loan

2. Motorcycle Loan3. Motorcar Loan

4. House Building Loan

5. Clean Running Finance

2.4.12 Motorcar Loan


All confirmed employees having service of 3 years can avail this loan facility.

2.4.12.2 Limit

Rs 350,000/- (for clerical/non-clerical staff)

Rs 422,000/- (for OG-3 to OG-1 Officers)

Rs 504,000/- (Above OG-1)

2.4.12.3 Rate of Interest

4 % per annum

2.4.12.4 Repayment

Loan is repayable in 10 years with equal monthly installments.

2.4.13 House Building Loan


All confirmed employees having service of 5 years can avail this loan facility.

2.4.13.2 Limit


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1. Minimum Rs 600,000/- (for clerical/non-clerical staff), if any

clerical/non-clerical staff having basic pay of above Rs 10,000/- then

can avail facility up to 100 basic pays.

2. 100 basic pays for all officers.

2.4.13.3 Rate of Interest

Loan amount upto Rs 600,000/- is interest free for all officers, and for loan

amount above Rs 600,000/- rate of mark-up is 3% per annum.

Repayment

Loan is repayable in 20 years with equal monthly installments.

2.5. COMPETITORS

The competitors of the National Bank of Pakistan are as follows:

1. Askari Bank

2. Habib Bank Limited

3. United Bank Limited

4. First Woman Bank

5. Muslim Commercial Bank

6. Bank of Punjab

7. Dubai Islamic Bank

8. National Savings

9. Allied Bank Limited

10. Saudi Pak Commercial Bank etc.

2.6 Work done by me in National Bank of Pakistan Peshawar

city Branch

There are 14 branches in Peshawar region and all the transactions of these branches

are handled by main branch. All the branches send there transaction summaries to

main branch on daily basis and main branch transfer these transactions into relevant

heads and send all government receipt and payments to state bank of Pakistan and

relevant departments of the government .


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2.7 Mission Statement

To be recognized as a leader and brand synonymous with trust, highest

standards of services, quality, international best practices and social

responsibility.

2.8 Vision Statement

To be the pre-eminent financial institution in Pakistan and achieve market recognition

both in the quality and delivery of service as well as the range of product offering.

2.9 Core Values

NBP aims to be an organization that is founded on:

Growth through creation of sustainable relationship with its customers.

1. Prudence to guide its business conduct.

2. A national presence with a history of contribution to its communities

2.9.1 NBP Shall Work to:

Meet expectations through market-based solutions and products.

Reward entrepreneurial efforts

1. Create values for all stakeholders.

We aim to be people who

2. Care about relationships

3. Lead through the strength of its commitment and willingness to excel.

Practice integrity, honesty and hard work. We believe that these are

measures of true success.

We have confidence that tomorrow we will be an organization maintaining the

trust of its stakeholders.

An innovative, creative and dynamic institution responding to the needs of the

internal and external Leaders in its industry environment.


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2.9.2 Code of Ethics and Practices

NBP is cognizant of the importance of code of ethics to deliver best services

to itscustomers and introduced Code of Ethics which lays down fundamental

principles of personal and professional conduct for all employees of NBP.These principles are as follows:-

1. Integrity

2. Confidentiality

3. Professionalism

4. Compliance

2.9.3Integrity

Employees are required to behave with integrity and honesty in their dealings

with customers and other parties with whom they interact and in respect of all

internal matters.

2.9.4Confidentiality

All employees have a duty to safeguard confidential information obtained inthe normal course of business and respect for customers private affairs which

requires the same care as does the protection of the banks funds or other

interests.

2.9.5Professionalism

All employees should carry out their duties in a professional and courteous

manner. Financial matters should be conducted in a prudent manner andmaintain maximum level of dignity when interacting with employees of

opposite sex.

2.9.6Compliance

All employees should be fully committed that all business decisions and

actions comply with all applicable laws and regulations.


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Chapter -3

ORGANIZATIONAL

STRUCTURE

CHAPTER 3


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ORGANIZATIONAL STRUCTURE

3.1 Organizational Structure of NBP

Organizational Chart

PRESIDENT

SENIOR EXECUTIVE VICE PRESIDENT

GRADE 22

EXECUTIVE VICE PRESIDENT

GRADE 21

VICE PRESIDENT

GRADE 20

ASSISTANT VICE PRESIDENT

GRADE 19

GRADE I OFFICER

GRADE 18

GRADE II OFFICER

GRADE 17

GRADE III OFFICER

(GRADE 16)

3.2. NUMBER OF EMPLOYEES:


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Table # 3.1

PERMANENT 1327

TEMPERORY /CONTRACTUAL BASIS 842

BANK OWN STAFF STRENGTH 1479

OUT SOURCED 2350

TOTAL STAFFF STRENGTH 16429

NUMBER OF EMPLOYEES IN PESHAWAR CITY

BRANCH

85

NUMBER OF EMPLOYEES IN PESHAWAR CITY

BRANCH

18


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Management Structure

Manager CreditProcessing

Manager CreditOperation

Chief OperationManager (CRA)

Chief Manager

ManagerFEX* Manager JB* Manager Admin

ManagerCompliance

FEX

ExportImportRemittanceF/C A/C

Inquiry

DepositsBillsClearingUtilitiesAccountsCash/ChestGovt. Collection

Reconciliation

DispatchDead StockSecurityStaff Welfare

Audit /Inspection

To sign all Br.Returns MoneyLaundering .etc

[Sections] [Sections] [Sections]

*FEX Foreign Exchange*JB Journal Banking


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3.3. MAIN OFFICES

The Head Office of the National Bank of Pakistan is at Karachi. NBP carries

on its business all the way through a wide set up of branches those are

situated in the country and out of the country very professionally and in pointof fact. All branches execute their functions under the rule of local Regional

Offices and regional offices are proscribed by the Head Office situated a

superb building in the heart of Karachis center.

NBP has a wide domestic and overseas branches.

19 Overseas Branches

4 Representative Offices

1 Subsidiary

1 Joint Venture

29 Regional Offices

1,219 Branches

130 Online Branches

4 Subsidiaries

Overseas Branches Domestic Branches


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3.4 Departments in a Branch of NBP

3.4.1 Cash Department

A department that deals with the real payment and receipts of cash is called

cash department.

This department is headed by a Head Cashier and is responsible for the

following duties.

1. Acceptance of utility bills.

2. Payment of cash.

3. Receipt of cash deposits.

4. Acceptance of Treasury receipts.

5. Custodian of Gold ornaments.

6. Custodian of Cash.

7. Custodian of all the Security Documents of the Branch.

8. Custodian of all the keys of the Bank Branch Office.

9. Liaising with the Passing Officers of both Current and PLS account

section of the branch.

10.Liaising with the Branch Manager and Operations Manager for the

availability of cash in the Branch.3.4.2Deposit Department

1. Current account section

2. PLS account section

3. MIS account section

4. TDR account section.

3.4.2.1 Current Account Section

1. Cheques are presented to the Posting Clerk on the counter.

2. He enters the cheques in the ledger and hand over the ledger to the

Passing Officer.

3. The Passing Officer passes the cheques and authenticates the

balances in the ledger.

4. Then enter the cheques in the payment side of his scroll and hand over

the cheques to the Cash department for payment.


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3.4.2.2 PLS Account Section

The PLS Section performs the same function as Current account Section but

separate scrolls are used by each section.

3.4.2.3 MIS Account SectionMIS stands for Monthly Income Scheme. This section performs the following

functions.

1. Offering a wide range of products for various time periods i.e. Ten

years, Five years, Four years, Three years, Two years, one year, Six

months, Three months, one months etc.

2. Procurement of deposit at different differential rates of profit and

issuance of MIS certificate

3. Encashment of MIS Certificates on eve of maturity.

4. Application of profit on monthly basis and crediting of profit to the

respective accounts of the MIS holders.

3.4.2.4 TDR Account Section.

TDR stands Term Deposit Receipt: this section performs the following job.

1. Offer various time based profit payment services to the purchasers of

the Term Deposit Receipts.2. Application of profit on the various TDR instruments

3. Encashment of TDRs on the maturities of the instruments.

3.4.3 Bills and Remittance Department

1. Issuance of Mail Transfer (MT)

2. Issuance of Telegraphic Transfer(TT)

3. Issuance of Demand Draft (DD)

4. Issuance of Term Deposit Receipt (TDR)5. Issuance of Payment Orders (PO)

6. Issuance of Call Deposit Receipt (CDR)

7. Payment of Demand Draft

8. Payment of Mail transfer

9. Payment of Telegraphic Transfer


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3.4.4Clearing/Collection Department

This department is headed by an officer in charge of the bank and has the

following functions.

1. Receipt of cheques for inward and outward clearing

2. Entry of cheques on the Transfer credit slips.

3. Signing of concerned officer on the Transfer credit slips and handing

over a subjoined of the slip to the customer.

4. Entry of cheques received for clearing in the subsidiary day book.

5. Stamping on the face and back of the cheques along with stamping on

the transfer credit slips

6. Endorsement signatures on the back of the cheques received for

clearing.7. Entry of all the cheques (Bank vise) in the Clearing Register and

preparation of summary along with the total amount of cheques to be

sent for clearing.

8. Preparation of clearing sheets with the signatures of the authorized

officer.

9. Putting of all the cheques in a bag with a seal.

10.Handing over the bag to the representative of the Clearing House.\

3.4.5 Credit/Advances Department

This department offers the following products:

1. House purchase/renovation/construction loans.

2. Fifteen advance salaries to the Govt. employees.

3. Demand Finance

4. Running Finance

5. Demand Loan

6. Small Finance

7. Small Loan

8. L.M.M.(locally Manufactured Machinery) loan

9. I.D.A Loan

10.Mortgage Loan

11.Cash Finance

12.Student Loan13.Marketing of Financial products of the bank.


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14.Liaising with the businessmen and industry.

15.Documentation of the pledged assets and Creation of charge

16.Disbursement of loans.

17.Application of mark-up

18.Recovery of loans.

19.Visit to the borrowers and checking of hypothecated stocks.

20. Preparation of State Bank of Pakistan Statements.

3.4.6 COMPLIANCE DEPARTMENT

This department is supervised by a Compliance Officer and has the following

duties.

1. Assuring of foolproof banking system.

2. Implementing an effective internal control within the branch.

3. Surprise checking of various jobs of the bank.

4. Coordination with the internal audit of the bank.

5. Coordination with the SBP audit.

6. Preparation of Remarks Sheets.

7. Preparation of Clearance Certificates.

8. Preparations of Daily Review Sheet.

9. (KYC) Know your customer implementation. Inspection of Branch

vouchers.

3.4.7Branch Operation

3.4.7.1NBP General Account

3.4.7.1.1Deposit AccountsUnder this heading we are describing the types of accounts in which the bank

receives money from general public at different rates of interest and differentterms and conditions. Now NBP has set a limit of amount that should be in

every account which is Rs.5000/-. By Discussion, we came to know that NBP

has made a rule to deduct Rs.50/- per month if the balance in an account is

less than Rs.5000/-. But, in case of students, widows, pensioners, and

salaried persons, there is no such deduction on balance.

Following are the most common types of deposit accounts opened in a branch

of NBP.

1. Current Account


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2. Perpetual Income Deposit Account.

3. PLS Term Deposit Account.

4. Monthly Income Scheme (MIS).

5. National Income Daily Account. (NIDA)

6. Call Deposit Account.

7. PLS Saving Account.

3.4.7.1.2 Accounts Payable1. Payment Order Accounts.

2. Drafts Payable Accounts.

3.4.7.1.3 Advances Accounts1. Cash Credit Account.

2. Finance against Imported Merchandise.

3. PLS Housing Finance Investment

4. Cash Finance Account.

5. Demand Finance Account

6. Running Finance Account.

7. Small Finance Account.

8. NBP Advance Salary.

9. NBP Cash against Gold.

3.4.7.1.4 Bills Discounted and Purchased1. Demand Drafts Purchased Account.

2. Protested Bill Account.

3. Home Remittances Payable Account.

4. Pak Travelers Cheque (TC) Purchased A/C.

5. Inland Bills Discounted.

6. Acceptance for Constituent Liability A/C.


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Chapter -4

CRITICAL ANALYSIS


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CHAPTER 4

CRITICAL ANALYSIS

4.1 Financial Analysis

The strength of any organization can be better judged by analyzing its

balance sheet and its other statements of accounts. The financial statement of

any organization shows the results of its operation and its position in

business.

National Bank of PakistanCondensed Interim Statement of Financial Position

As at March 31, 2011

(Un-Audited) (Audited)

(Audited)March

31 December 31 2011

2010Note-----------------

- (Rupees in '000) ----------------

ASSETSCash and balances with treasury banksBalances with other banksLandings to financial institutionsInvestmentsAdvancesOperating fixed assetsDeferred tax assets - -Other assets

993,784,513 1,035,024,680LIABILITIESBills payableBorrowingsDeposits and other accounts

Sub-ordinated loans - -Liabilities against assets subject to finance leaseDeferred tax liabilities - netOther liabilities

111,863,18722,237,0365, 588,765

270,490,544484,545,98827,353,0357, 004,66764,701,291

115,442,36030,389,66423,025,156

301,323,804477,506,564

26,888,2266,952,666

53,496,240

8, 543,27750,857,244

758,995,303-1 11,843-

52,750,194

8,006,63120,103,591

832,151,888-

106,704-

46,160,038


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871,257,861 906,528,852

NET ASSETS122,526,652 128,495,828

REPRESENTED BYShare capital13,454,628 13,454,628Reserves28,269,208 24,450,244Unappropriate profit56,228,928 65,857,438

97,952,764 103,762,310

Surplus on revaluation of assets - net of tax24,573,888 24,733,518

122,526,652 128,495,828


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The data of balance sheet and income statement give idea about firm position

but it is better judged by analysis. By comparing of degree of changes in

different items .the comparison shows the fluctuation in assets and liabilities

of business.

The financial statements of organization usually includes following:

1. Balance Sheet

2. Profit & Loss Account

3. Cash Flow Statement

4. Statement of Changes in Equity

These statements can be suitable to make an idea about business

performance. These statements have analyze two ways

1. Horizontal Analysis

2. Vertical Analysis

Horizontal Analysis:

Through this analysis we can check that what are changes with in years in the

items of balance sheet and profit and loss account. Last year become base

for next year. And change can be easily analyzed.

Vertical Analysis:In this analysis the percentage of each item of statement is calculated to total

and then the change in the percentages is checked with in year


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VERTICAL ANALYSIS

Balance SheetAs on 31st March

Table # 4.1

31stMarch

2011

31st

December2010

Evaluation

2010-2011

Assets

Cash and balance with treasurybanks

13.72% 14.66% Worse

Balances with other banks 3.36% 5.28% Worse

Lending to financial institutions 2.32% 2.36 Worse

Investments 25.79% 23.50 Good

Advances 56.32% 56.82% Worse

Other assets 7.02% 6.13 Good

Operating fixed assets 3.00% 3.33% Worse

Deferred tax assets 0.36% 0.44% Worse

Total Assets 112.89% 112.50% Good

Bills payable 1.26% 1.41 Good

Borrowings from financialinstitutions

5.37% 5.57% Good

Deposits and other accounts 86.084% 85.98% GoodLiabilities against assets 0.005% 0.003% WorseOther liabilities 5.008% 5.46% Good

Deferred tax liabilities _ _ sameTotal Liabilities 97.722% 98.41% Good

Net Assets 14.16 14.096 Good

Represented By

Share capital 1.28% 1.23% Good

Reserves 2.67% 2.24% Good

Unappropriated profit 7.27% 7.21% Good

Owners equity 11.23% 11.19% good

Surplus on revaluation of assets 14.16% 14.096% Good


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VERTICAL ANALYSISCondensed Interim Profit & Loss Account - (Un-Audited)

For the Three Months Ended March 31, 2011Table # 4.2

31stMarch2011

31st

December

2010

Evaluation2010-2011

Mark-up/return/interest earned 8.91% 8.38% GoodMark-up/return/interest expensed 4.67% 3.29% WorseNet mark-up/interest income 5.057% 5.098% WorseProvision against non-performingadvances

1.31% 1.46% Worse

Provision for diminution in the valueof investment

0.071% 0.051% Good

Bad debts written off directly _ _ SameNet mark-up/interest income afterprovision

3.75% 1.51% Good

Non Mark-Up/Interest Income

Fee, commission and brokerageincome

1.18% 1.10% Worse

Dividend income 0.23% 0.40% WorseIncome from dealing in foreigncurrency

0.48% 0.55% Worse

Other income 0.066% 0.17% WorseTotal non mark-up/interestincome

2.34% 2.26% Worse

Non Mark-Up/Interest Expenses

Administrative expenses 2.7% 2.5% WorseOther provision/write offs 0.13% 0.10% WorseOther charges 0.038% 0.080% GoodTotal non mark-up/interestexpenses

2.78% 2.73% Worse

Extra ordinary items _ _ sameProfit before tax 2.64% 3.16% Worse

Taxation current 1.12% 1.60% Good-prior year(s) (0.0059%) _ Worse-Deferred 0.48% 1.03% Good

Profit after tax 2.15% 2.13% GoodUnappropriated profit broughtforward

6.22% 6.23% Worse

Profit available for appropriation 8.48% 8.34% GoodEarning per share 16.92% 14.36% Good


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HORIZONTAL ANALYSIS

Balance SheetAs on 31st March

31stMarch2011

31stDecember

2010

Evaluation2010-2011

Assets

Cash and balance with treasurybanks

100% 108.75% Increase by8.75%

Balances with other banks 100% 74% Decrease by26%

Lending to financial institutions 100% 114% Increase by14%

Investments 100% 127% Increase by27%

Advances 100% 115% Increase by15%Other assets 100% 133% Increase by

33%Operating fixed assets 100% 103.8% Increase by

3.8%Total Assets 100% 115% Increase by

15%

Liabilities

Bills payable 100% 104% Increase by 4%Borrowings from financial

institutions

100% 119% Increase by

19%Deposits and other accounts 100% 116% Decrease by

16%Liabilities against assetssubject to financelease23068314

100% 167% Decrease by67%

Other liabilities 100% 106% Increase by 6%Deferred tax liabilities _ _ SameTotal Liabilities 100% 115% Increase by

15%

Net Assets 100% 117% Increase by17%Represented By

Share capital 100% 120% Increase by20%

Unappropriated profit 100% 117% Increase by17%

Reserves 100% 114% Increase by14%

Surplus on revaluation ofassets

100% 117% Increase by17%

Total 100% 117% Increase by17%


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HORIZONTAL ANALYSISCondensed Interim Profit & Loss Account - (Un-Audited)

For the Three Months Ended March 31, 2011Table # 4.4

31stMarch

2011

31stDecembe

r2010

Evaluation

2010-2011

Mark-up/return/interest earned 100% 127.90% Increase by27.906%

Mark-up/return/interestexpensed

100% 165.33% Increase by65.33%

Net mark-up/interest income 100% 103.77% Increase by3.77%

Provision against non-performing advances

100% 104.24% Increase by4.24%

Provision for diminution in thevalue of investment

100% 162.258% Increase by62.258%

Provision against off balancesheet obligations

100% 505.925% Increase by405.925%

Bad debts written off directly - - Decrease by77.09%

Net mark-up/interest incomeafter provision

100% 102.68% Increase by2.68%

Non Mark-Up/InterestIncome

Fee, commission and

brokerage income

100% 112.68% Increase by

12.68%Dividend income 100% 66.70% Decrease by33.30%

Income from dealing in foreigncurrency

100% 76.29% Decrease by23.71%

Other income 100% 44.34% Decrease by55.66%

Total non mark-up/interestincome

100% 115.90% Increase by15.90%

Non Mark-Up/InterestExpenses

Administrative expenses 100% 124.21% Increase by24.21%

Other provision/write offs 100% 83.04% Decrease by16.96%

Other charges 100% 55.13% Decrease by44.87%

Total non mark-up/interestexpenses

100% 120.57% Increase by20.57%

Extra ordinary items - -Profit before tax 100% 96.95% Decrease by

3.05%%Taxation current 100% 78.39% Decrease by


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21.61%-prior year(s) - - same-Deferred 100% (23.69%) Decrease by

76.31%Profit after tax 100% 117.8% Increase by

17.8%

Unappropriated profit broughtforward

100% 115.68% Increase by15.68%

Profit available forappropriation

100% 116.18% Increase by16.18%

Earning per share 16.92% 14.36% Increase by2.56%

4.2 Ratio Analysis

Ratio analysis includes method of interpreting financial ratios to access the

performance of any organization. The basic input to ratio analysis is profit and

loss account and balance sheet. Ration analysis of any organization is in

interest of its creditors, employees, shareholders and of its management as

well. Both existing and prospective customer are interested in the ratio

analysis of organization Ratio analysis is a valuable aid to management in the

discharge of its basic functions such as planning, forecasting, control etc.

these ratios describe the relationship with the functioning of the business and

helpful for controlling cost of goods manufactured. The great advantage of

ratio analysis is that it reduces raw data of widely varying magnitude to a

common comparative basis..

1. Net Interest Income to Gross Income:

It is the comparison of Net Interest income earned & the gross income by the

bank.

Net mark-up/ interestincome /Gross Income X 100

31ist MarchYear 2011

31istDecemberYear 2010

Net mark-up/ interest income 9,275,015 8,112,709

Gross income 12932348 12113184

Net interest income to gross

income

71.72% 66.97%


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Gross Income = Net interest income + Non- mark-up income

2011 9,275,015+3,657,333=12932348

2010 8,112,709+4,000,475=12113184

Comments:

The Net interest income to gross income is bad due to decrease in Income.

2.Risk Asset Turnover Ratio:

It is a comparison of Net Mark-up/ Interest after provisions & Risk assets

(Advances) of the bank.

Net mark-up/ interest after provisions / Risk assets (Advances)

Table # 4.6



Net mark-up / interest afterprovisions

9,275,015 8,112,709

Risk assets 1,389,285 1,942,426

Risk asset turnover ratio 6.67 times 4.17 times

Comments:

The Risk Asset Turnover Ratio of 2011is badas comparedto2010 due to

decrease in markup. Percentage of decrease in markup is more than risk

asset

3 .Operating profit Ratio

This ratio is a comparison of Operating Profit to markup/ Interest of the Bank


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Operating Profit / Markup Earned X 100

Table # 4.7



Operating Profit

37058030 38458048

Markup/ interest Earned

21,036,290 23,170,457

Operating Profit Ratio 60.81% 49.33%

Comments:

The operating Profit Ratio of 2011is badas compared to that of 2010 this maybe due to decrease in operating profit,

4. Net Profit Ratio before Tax:

Net profit before tax/Interest Earned X 100

Table # 4.8

31ist

DecemberYear 2010

31ist

MarchYear 2011

Net profit before tax

6,303,579 6,352,686

Interest Earned

21,036,290 23,170,457

Net Profit Ratio before Tax 29.96% 27.41%

Comments:

In years 2011 it has decrease up to 27.41%from 29.96%in year 2010. This

decrease in profit shows the satisfied performance of the bank.

5 Net Profit Ratios after Tax


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Net profit after tax/Interest Earned X 100

31ist DecemberYear 2010


Net profit after tax

4,215,767 4,220,174Interest Earned

21,036,290 23,170,457Return on assts 20.04% 18.21%

Comments:

This ratio also decreased up to a great extent so it shows than an

organization is expenses on its assets after meeting all expenses and

obligations.

6. Return on Total Assets

Net Profit after Tax/total assets X 100



Net Profit after Tax

4,215,767 4,220,174Total assets 1,035,024,680 993,784,513

Return on Total Assets 0.40% 0.42%

Comments:

This ratio also increased up to a great extent so it shows that an organization

is earning on its assets after meeting all the expenses and obligations.

7 Returns on Share Capital:

Net profit after tax/Share Capital X 100




4,215,767 4,220,174Share Capital 13,454,628 13,454,628

Return on Share Capital 31.33% 31.36%

Comments:


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The ratio has decreased in year 2011 which shows that NBP has negative

trend of earning on share capital.

8. Return on Deposit:

Net profit after tax/Deposits X 100




4,215,767 4,220,174Deposits 832,151,888 758,995,303

Return on Deposits 0.50% 0.55%

Comments:

By analyzing, I analyze that the ratio has increased in Year 2011

which shows that bank is in good position.

9. Solvency Ratio:

Total Assets/Total Liabilities-Issued Capital



Total assets 1,035,024,680 993,784,513

Total Liabilities-Issued

Capital

906,528,852-

13,454,628

893074224

871,257,861-

13,454,628

857803233Solvency ratio 1.15 times 1.16 times

Comments:

This ratio shows that the asset of bank has increased as compared to

liabilities of bank. This shows the better position of the business.

10. Advances to Deposits ratio:

Total advances/total Deposits X 100


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Total advances 477,506,564 484,545,988

Total Deposits 832,151,888 758,995,303

Total advances/total Deposits X 100 57.38% 63.84%

Comments:

The NBP has ratio of 63.84%in year 2011 as compare to 57.38%in year 2010.

The increase in ratio is due to increase in promotion of short term as well as

long term advances

11. Deposits to Capital:

Total Deposits/Share Capital



Total Deposits 832,151,888 758,995,303

Share Capital 13,454,628 13,454,628

Total Deposits/Share Capital 61.84% 56.41%

Comments:

I analyze that NBP has negative trend of deposits to capital ratio from year

2010 to year 2011.

12. Total debts to Total Assets ratio:

Total debts/Total assets X 100



Total debts 20,103,591 50,857,244

Total assets 1,035,024,680 993,784,513

Total debts/Total assets X 100 1.94% 5.11%


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Chapter -5

SWOT ANALYSIS

Chapter 5

SWOT ANALYSIS

5.1 STRENGTH

The main strength of NBP is that it is a government owned institution andenjoys the following edges over other banks.


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1. Custodian of government treasury

2. Working as agent of SBP

3. Job security for employees

4. Main custodian of public money

5. Government business owner

6. Lender to the government agencies

7. Blind limitation of public over NBP as government bank(PUCCA BANK)

8. Negotiator with the international institution on behalf of government

9. World wide network of branches

10. Lender to the public based projects.

5.2 WEAKNESSES

Beside a public bank it has the following weaknesses.

1. The general outlook and interior layout of branches are not as required

according to modern banking.

2. NBP has not fast service to the clients.

3. Lethargic and rude attitude of employees towards customers.

4. Less marketing expedition

5. No innovation and new products

6. Worst conditions of branches.

5.3 OPPORTUNITIES

But the NBP has the following opportunities.

1. Can launch a marketing strategy to capture the business from its peer

banks.

2. Can be number one in Pakistan

3. Can offer new and innovative products to compete rest of the banks.

4. With proper planning can hunt more and more business from the public

and private sector as people still trust over it.

5.4 THREATS

Less qualified staff in NBP

1. Not fully computerized and on line banking facilities

2. Competition with foreign banks

3. Not following modern banking system


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4. Growth of mushroom banks.

5. Awareness of the public with the newly established banks.

6. Less participation in capital market activities

7. Use of traditional system of banking like ledgers and book keeping etc.

8. Political influence.


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Chapter -6

CONCLUSION

& RECOMMENDATION

Chapter 6

CONCLUSION & RECOMMENDATION

6.1 Conclusion


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From this SWOT Analysis we can conclude that beside the fact that National

Bank of Pakistan is a government based institution but in these days of

cutthroat competition it is not easy to survive without adopting modern

techniques and latest tools of sophisticated technology. Although National

Bank of Pakistan is a Government Institution, but in the modern era it has

achieved a destination where other competitive modern banks can simply

reach. From year 2001, The Bank has made a Hat Trick in winning

International Awards. That is why people have more trust in NBP and they

are willingly depositing their money in it without any threat. In last, National

Bank of Pakistan is a Government Institution, but in the modern era it has

achieved a destination where other competitive modern banks can simply

reach.

NBP is providing high standard and quality of services. They also take

part in social activities such as student loans, payment of pension to

pensioners, payment of salaries to government employees, advance salary to

their employees, agricultural finance to help farmers.

6.2 Recommendations

1. This is a computer era. With the use of computer we can increase our

efficiency N.B.P should computerize all its branches. By the use of

computer properly these branches can increase there working

efficiency.

2. N.B.P. as public service oriented institution has to create business

opportunities for themselves. Now a day there is a competition

between the banks.

3. Central Asian Republics have great opportunities of new business so

N.B.P should open new branches in these Republic.

4. Model Banks like City Bank M.C.B. are using media very effectively to

increase the business of banks. So N.B.P should use electronic media

for its business developments.

5. The interference of union in banking business should be minimized as

it decreases the working efficiency of the employee as well as the

bank.


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6. The working of the Lahore Cantt. Branch Lahore is satisfactory but still

these working efficiencies are for from the standard of modern banking

system.

7. The bank should finance its loans in those projects, which are meeting

the required standard and should avoid the political pressure

8. The bank should bring forward the new talent as fresh knowledge and

education is considered very important to increase the efficiency and

production.

9. Keeping in view the hard work by the staff members at all levels of

management, staff should be given bonus and increment every year.

10.CREDIT CARDS are issued by the different banks like MCB, ABP and

City Bank etc. but NBP dont issued this type of finance scheme, there

is a place for this type of scheme in this bank.

Bibliography

1. NBP (2010-2011),Annual Report.

2. Siddiqui, M.A 1995a, credit distribution & agricultural development in

Pakistan:


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3. 27 (3): A problem of across to credit. Journal of Rural Development &

administration

4. Siddiqui, M.A. 1996. Alternative credit policies for agricultural

development: Case for participatory investment. Journal of Rural

Development & administration 28 (2): page 112.

5. www.nbp.com.pk

6. Zahid Elahi 2003, major work on economic development &

employment. Attached with the Association for creation of employment

acts.