List Of Investment Banks In Pakistan

ABN AMRO

For those looking to invest, you should know that many investments can be categorized as being high
risk, moderate risk and low risk. Investing is not difficult, but you should always put lots of thought and
planning into it. It is also extremely important to educate yourself about the many different investments
available to you so you can find those that fit best with your specific situation and lifestyle. Here are
some tips regarding the three categories of investing.

Low Risk Investments

While low risk investments are usually very low key and rarely are extremely glitzy or publicized, they do
offer conservative investors a way to save money for the short or long term without the risk involved
that you find in other forms of investing. Low risk investments usually pay the lowest yields, but are far
less volatile than many other types of investments. Low risk investments include money market funds,
certificate of deposits and some types of bonds. Low risk investments are perfect for those that want to
make sure there money remains safe and secure. While low risk investments don’t offer high returns,
they do offer stability and security for those that can’t afford to lose money or would just like to avoid as
much risk as possible. Expect low risk investments to pay out yields of 1% to 5% annually.

Moderate Risk Investments

Moderate risk investments are perfect for those that are interested in investing for the long term and
would like to earn moderate yields. Moderate risk investments are usually certain kinds of stocks, bonds
and mutual funds that pay handsomely over the long term. While generally riskier than saving money in
a bank, for those that are looking to invest for the long term, historically speaking you will grow your
money quite nicely. Moderate risk investments usually use the power of compound interest and time to
create a nest egg from 10 to 40 years with regular savings. For instance, saving 1K per year at an interest
rate of 10% for 30 years can return close to 200K. Moderate risk investments usually return yields of 5%
to 12%.

High Risk Investments

High risk investments are those investments that if you are lucky can return huge yields, however the
downturn is that they can be extremely volatile and in many cases instead of getting rich off your
investment, you find yourself losing some or all of it. High risk investments include penny stocks,
international stocks, some types of Forex trades, etc. The sky is the limit for returns, but many high risk
investments- if considered a winner should return yields
 that range from 10% to
30%++.0.

Al towfeek Investment Bank Limited

AlBaraka Islamic Bank

Allied Bank Limited

Ammar Investment Bank Limited

AMZ Securities

Askari Bank Limited

Asset Investment Bank

Atlas Investment Bank Limited

Bank AL Habib Ltd.

Bank Alfalah

Bank of Tokyo-Mitsubishi Ltd.

BMA Capital Management Limited

Citibank

Crescent Investment Bank Limited

Deutsche Bank

Emirates Bank

Escorts Investment Bank Limited

Fidelity Investment Bank Limited

First International Investment Bank Ltd.

Franklin Investment Bank Limited

Habib Bank AG Zurich

Habibsons Bank Ltd.

IGI Investment Bank Limited

Invest Capital Investment Bank Limited

Investment Corporation of Pakistan

Islamic Investment Bank Limited

Jehangir Siddiqui Investment Bank Ltd.

KASB Bank Limited

Metropolitan Bank Ltimited

Muslim Commercial Bank Limited

Mybank Limited

National Bank of Pakistan

National Investment Trust Limited

Orix Investment Bank Limited

Pak Kuwait Investment Company Limited

Pak Libya Holding Company Limited

Pak Oman Investment Company Limited

Pakistan Industrial Credit & Investment Corp. Ltd.

Pak-Libya Holding Company

Prime Commercial Bank Limited

Prudential Investment Bank Limited

Saudi Pak Industrial & Agricultural Investment Company Ltd

Security Investment Bank Limited

Silkbank

SME Bank

Soneri Bank

Standard Chartered Bank

State Bank of Pakistan

The Punjab Provincial Co-operative Bank Ltd

The Royal Bank of Scotland

Trust Investment Bank Limited

UBL Online

United Bank Limited0

ision

A poverty free society built on the principles of compassion and equity.

Mission

To alleviate poverty by empowering socially and economically marginalized families through interest
free microfinance and by harnessing entrepreneurial potential, capacity building and social guidance.

Microfinance Products

1. FAMILY ENTERPRISE LOAN

The Family Enterprise loans are for establishing a new business or expanding an existing one with the
aim of enabling the borrower to secure a sustainable livelihood. It is the most common type of loan
offered by Akhuwat; comprising 91% of Akhuwat's loan portfolio. The Family Enterprise loan ranges
from 10,000 rupees to 30,000 rupees however keeping in view the rapid inflation in the country,
Akhuwat now gives initial loans of up to 15,000 rupees. To be eligible for the loan, the individual has to
come up with a viable business plan which he may construct with the guidance and support of the
Akhuwat staff. The loan is known as the Family Enterprise Loan because it intended for the entire family
and not restricted to either male or female members of the household. Even though the entire family is
involved during the loan process, the business is undertaken by one member of the family who has the
required expertise. The Family Enterprise Loan is designed to strengthen the social fabric by involving
the whole family in the loan process such that the enterprise becomes a family venture instead of an
individual effort.

2. LIBERATION LOAN

Liberation Loans are for repayment of loans taken from money lenders on exorbitantly high interest
rates. With the culture of informal money lenders, or baniyas, prevalent in Pakistan, many poor people
find themselves in a cycle of ongoing debt as they struggle to pay the high interest rates for years
leaving the principle amount untouched. Interest rates may be as high as 1, 000 percent and might
financially cripple the poor. Many a times, the loan persists from one generation to the next making it
impossible for the family to secure a sustainable and respectable livelihood for themselves. Liberation
loans were introduced to counter the effects of these loan sharks and continue Akhuwat’s fight against
interest. Akhuwat pays the principal amount in one go for the client and the client in turn pays back that
amount in interest free installments to Akhuwat. The upper limit of the loan is 50, 000 rupees however
substantially large loans may also be given after the approval by a Committee headed by the Executive
Director.

3. EDUCATION LOAN

The Education Loan caters to the needs of the poor who are unable to finance their own or their
dependent’s education. Many poor students are forced to drop out of school as they do not have
enough savings to continue their education. Emphasis on education has been an integral part of
Akhuwat’s social agenda and through the Education Loan; Akhuwat intends to ensure that poor students
are able to continue their education in spite of the lack of financial support. In most cases the loan is
utilized for paying fees and dues, purchasing books and material, and paying initial registration or
examination fee. The upper limit of the education loans is 25, 000 rupees.

4. HEALTH LOAN
The Health Loan is for those who are unable to support the costs for necessary health care. In most
cases, the poor do not have contingency funds or savings to support them in shouldering the financial
costs of health care. Diseases like hepatitis, tuberculosis and diabetes are quite common in
underdeveloped areas and while these diseases are not fatal in themselves, they have contributed to
the death of many poor people who are unable to afford necessary treatments. Noting this scheme of
things, the Health Loan was specifically designed to assist the poor with funds that could help save their
lives. The loans offered range from10, 000 rupees to 20, 000 rupees. The Health Loan complements the
health services provided by Akhuwat to its borrowers, employees and the underprivileged in general,
under the auspices of Akhuwat Health Services.

5. EMERGENCY LOAN

The Emergency Loan is intended to diffuse the impacts of major contingencies or crisis situations that
undermine the sustainability of the livelihoods of the poor. Akhuwat realizes that the economic life of
the poor is perturbed by many unforeseen events and emergencies, with the families having little or no
buffer amount to counter such shocks. The Emergency Loan has been designed to counter such
inopportune shocks so that the long term progress of the client is not compromised. Loans in this
category may be used for diffusing losses in business, health care expense, machinery repairs, motor
vehicle repair, veterinary expense and admissions fee amongst others. The loan ranges from 5, 000
rupees to 10, 00 rupees and may be repaid over one year. It is processed within 2-3 days and is the only
loan product which may be utilized in conjunction with other loan products.

6. HOUSING LOAN

The Housing Loan is for necessary renovation of houses including construction of rooms, roofs and walls.
In evaluating applications for the Loan, great care is taken to ensure that the intended renovation is
essential and necessary for the wellbeing of the borrower and is not a luxury. The range for this loan
varies between 30, ooo to 70, 000 rupees and has to be repaid within two years. Akhuwat started this
product in collaboration with Al-Noor Umar Welfare Trust, a nonprofit organization founded by Mr.
Khalil Mian. Over time these loans have been instrumental in improving living conditions of the poor
who had been forced to live in appalling conditions for generation due to lack of monetary resources.

7. MARRIAGE LOAN

The Marriage Loan is to facilitate the marriages of daughters. The marriage of daughters remains a huge
responsibility for parents in the Pakistani society and many poor families are confronted with the
difficulty of arranging necessary funds for marriage ceremonies and dowries. Over the years, many poor
families had expressed the need for assistance in marrying their daughter which led Akhuwat to
introduce the Marriage Loan. Up to 20, 000 rupees can be disbursed for this purpose.
8. SILVER LOAN

The Silver Loan was recently launched by Akhuwat to support the expansion of existing businesses.
Massive surge in profitability of the businesses of some of Akhuwat’s clients made the humble amounts
under the Family Enterprise Loan unable to meet the needs for expanding businesses. This medium size
loan of 50, 000 rupees is reserved for those who have successfully completed three or more cycles of
borrowing from Akhuwat. It supports borrowers who have acquired a sustainable livelihood and wish to
continue expanding their business but through the help of interest free loans.

9. AKHUWAT MUTUAL SUPPORT FUND

Akhuwat’s Mutual Support Fund was created to support its clients and their families during extreme
events like death or permanent disability. At the time of the loan disbursement, the borrower may pay
1% of the loan as insurance, although loans below 4, 000 rupees are exempted from this fee. While the
1% insurance fee is optional, most borrowers choose to give it and these contributions go into the
Mutual Support Fund. In case of any borrower’s death or permanent disability, the loan is waived off
and the family also receives an additional support package of 5, 000 rupees. The Mutual Support Fund is
an effort to not burden the client or their families in case of an unfortunate event and instead provide
them with the necessary support and assistance.

Progress Report upto Feb 28, 2012

PROGRESS INDICATOR TOTAL

Total Benefiting Families 268,466

Loans Utilized by Males Entrepreneurs 172,662

Loans Utilized by Females Entrepreneurs 95,804

Amount Disbursed PKR 3,949,286,342

Percentage Recovery 99.83%

Active Loans 132,961

Outstanding Loan Portfolio PKR 1,447,003,843

Number of Branches 158

Number of Cities and Towns 110

Akhuwat was established in 2001 with the objective of providing interest free microfinance to the poor
so as to enhance their standard of living. Drawing on the principles of social justice and brotherhood,
Akhuwat strives to alleviate poverty by creating a system based on mutual support in society. To this
end, Akhuwat has adopted microfinance as its operational strategy with the loans being offered in
accordance with the doctrines of Qarz-e-Hassan. Akhuwat levies no interest on its loans, operates
through religious places and seeks to inspire and harness the spirit of volunteerism in society. The
mandate of Akhuwat extends beyond financial transactions as it makes every effort to guide, support
and empower the poor. Akhuwat is registered under the Societies Registration Act of 1860.