Bismillah-ar-Rehman-ar-Raheem

Muhammad Faraz Ishaque Hafiz Muhammad Qasim Waqar Ali Javed

Agenda
Prelude Vision Mission Retail banking Products Services Banc-Assurance Financial Aspect Share market analysis SWOT Analysis PEST Analysis Conclusion Recommendations Queries.?

HISTORICAL BACKGROUND
Brokerage Houses
Stock Exchange Boom in 2003

Established in Dec 2006 after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan

VISION
To provide quality and innovative range of BANKING SERVICES and products to our customers by a highly motivated team of professionals whilst maintaining high ethical and regulatory standards thereby, generating sustainable returns to our shareholders.

MISSION STATEMENT

To be a preferred partner of our customers by providing complete financial solutions exceeding service expectations, though a single relationship via conventional and non conventional, conveniently accessible distribution channels.

Company Information
BOD
Mr. Jahangir Siddiqui Mr. Mazharul Haq Siddiqui Mr. Maqbool A sumroo Mr. Rafique R Bhimjee Syed Amjad Ali Mr. Naveed Qazi Mr. Muhammad yousaf Mr. Jahangir Siddiqui Mr. Naveed Qazi Mr. Syed Shoaib Mr. Jahangir Siddiqui Mr. Naveed Qazi Mr. Ashraf Nawabi Ernst & Young Ford Rhodes Sidat Hyder Chartered Accountants (Member firm of Ernst & Young Global Ltd

PRESIDENT COMPANY SECRETARY HR COMMITTEE

RISK MANAGEMENT TEAM

AUDITORS

Retail Banking
Retail Banking at JS Bank offers a variety of products and services for both depositors and borrowers at competitive rates. Products Offered:
Kamyab Business Account
Free online inter-city transfer of funds Free Demand Draft and Pay Order Issuance Minimum Balance PKR 10,000
AVERAGE BALANCE PKR 50,000

Cheque book Issuance (25 leaves) Small Locker ATM Card Annual Fee Waiver Balance statement

Rupee Plus Account

A high performance savings account, the Rupee Plus Account calculates your profits on a daily basis to give you maximum returns with the greatest flexibility. 7% on daily basis Minimum Balance PKR 25,000
AVERAGE BALANCE PKR 250,000

PLS Rupee Saving Account Rupee Basic Banking Account Rupee Fixed Deposit Account Foreign Currency Account

SERVICES
Loans & Running Finance Western Union Home Remittance Sale & Encashment of Govt. Of Pakistan Securities Countrywide Account Operation Tele-banking SWIFT transfer ATM card Lockers Export Services
Export Bill Collection Services Bank Guarantees Export LC Advising, Confirmation & Negotiation

Import Services Import Letters of Credit Arranging for Buyers & Suppliers Credit

Utility Bills payment Extended Branch Services Delivery of Account Statement

LOAN SERVICES
Term Loans Working Capital Loans Advances against Shares Debt Syndications Trade Finance

BANCASSURANCE
JS Banks bancassurance products provide you great value on your savings, not only in form of higher returns but also an inbuilt insurance coverage to protect your family from any unforeseen events in life. We offer you unit-linked investment and life assurance products in partnership with EFU Life Assurance Ltd., the largest private sector life assurance company in Pakistan. The products combine the benefits of investment plans with life assurance, enabling you to grow and protect your wealth at the same time. JS Bank currently offers the following bancassurance products.

Pehla Qadam Roshan Kal

Pehla Qadam
Child Education Plan
UNIT ALLOCATION Year 1
Access to savings at all times Guaranteed Protection Minimum Premium Applicable Ages and Terms Year 2 Year 3 Year 4-10 Onwards

25% - 35%
80% 90% 100% 105%

Roshan Kal
Investment Plan
UNIT ALLOCATION Opportunity for Growth Access to savings at all times Guaranteed Loyalty Bonus Funds Acceleration Premium (FAP) Investment with a Safety Net Year 1 Year 2 Year 3 Year 4 Onwards 35% 80% 90% 100% 130%

FINANCIAL ANALYSIS
Sources of Income

Balance Sheet
Profit & Loss Account
Statistics of Accounts Shares Transcript

SOURCES OF INCOME
Non-Funded
Services Banc-Assurance Home Remittances

Funded
Money-on-Money

BALANCE SHEET As at December 31, 2009

BALANCE SHEET
December 31, December 31, 2009 2008 ------- Rupees in 000 -------

ASSETS
Cash and balances with treasury banks Balances with other banks Lendings to financial institutions Investments Advances Operating fixed assets Deferred tax assets Other assets 1,764,403 1,820,857 3,482,564 9,535,555 11,689,653 3,039,329 924,907 637,652 32,894,920 320,492 5,039,635 21,313,791 566,443 27,240,361 5,654,559 6,127,605 18,040 (523,192) 5,654,559 1,285,247 1,285,247 1,405,210 5,138,709 9,680,449 2,496,883 271,646 677,387 21,627,802 127,922 537,655 15,294,273 392,115 16,351,965 5,275,837 5,694,844 18,040 71,744 5,275,837

LIABILITIES
Bills payable Borrowings Deposits and other accounts Sub-ordinated loans Liabilities against assets subject to inance lease Deferred tax liabilities Other liabilities NET ASSETS REPRESENTED BY Share capital Reserves (Accumulated losses) / Unappropriated proit Surplus/(Deicit) on revaluation net of tax

PROFIT & LOSS ACCOUNT

PLS ACCOUNT For the year 31-12-2009
Mark-up / Return / Interest Earned Mark-up / Return / Interest Expensed Net Mark-up / Interest Income Bad debts written of directly Net Mark-up / Interest Income after provisions NON MARK-UP / INTEREST INCOME Fee, commission Dividend Income Income from dealing in foreign currencies Gain on sale of securities net Unrealized loss on revaluation of investments classiied as held-for-trading Other income Total non-mark-up / interest income NON MARK-UP / INTEREST EXPENSES Administrative expenses Other provisions / write ofs Other charges (LOSS) / PROFIT BEFORE TAXATION Taxation Current Prior years Deferred (LOSS) / PROFIT AFTER TAXATION (Loss) / Diluted Earnings per share (Rupee)

December 31 December 31, 2009 2008 ------- Rupees in 000 ------2,527,295 1,806,709 720,586 772,688 (52,102) 132,198 26,282 89,455 1,526 339,470 287,368 1,734,815 1,346 (1,448,793) (14,334) 868,191 (594,936) (0.98) 1,975,203 1,361,738 613,465 11,218 602,247 103,448 73,441 89,455 1,526 492,345 1,094,592 982,624 743 111,225 (56,455) 54,770 0.11

ACCOUNT STATISTICS
ACCOUNT ACCOUNT HOLDERS DEPOSITS

CURRENT SAVINGS RUPEE PLUS TERM DEPOSITS TOTAL

55,000 71,000 9,800 1,800 137,600

5.6B 2.5B 4.5B 6.9B 19.7B

SHAREHOLDERS STATISTICS As at December 31, 2009

Share Holders 7,806 Jahangir Siddiqui Total Shares Held 612,760,500 395,162,551

49% shares are held by EFU Inc 49% shares are held by JS bank in BANK ISLAMI

SWOT Analysis
Strengths
Facility of foreign exchange to its customers Customer care center for its customers Online banking (online cash deposit and cash withdrawal, online balance inquiry) Lockers facility to customers at all branches Cooperative staff (sup portative environment) Customer Satisfaction Continuous Improvement Employee Respect & Dignity. It has a reliable and easy to use internal computer system High context culture can only be seen in JS BANK i.e are focused on building relations with customers.

 Weaknesses
Competition Pressure
Financial Pressure Individual Differences

Low Pay Packages

Bad Promotion Policy

 Opportunities
JS bank is covered by many competitors. It has an opportunity to do aggressive marketing to increase its business volume. Stock exchange is very volatile and takes immediate effect, So, in time of crisis investors return to saving deposits. Extra Advertising Consumer Banking 24 Hrs ATM Network Foreign Investment New Branches

 Threats
Inflation Government policies regarding tax Competitors in the banking sector Current economy conditions of country Weak Economic Conditions Unpredictable future High Interest Rates Increase in un-performing loan

PEST ANALYSIS
Political
Political Instability Employment practices Incident of high taxation Government policies

 Economical

Constraints in mobilization of public savings Staff cost Operating cost Bad debts Economic crisis Weak market conditions Inflationary pressure

 SOCIAL
Inadequate human resources Defaulters lobby Declining education & work ethics Inadequate accountability

 Technological
Centralized operations Latest software Customer satisfaction through advance technology Heavy investment in technology

Conclusion

Due to wide expansion of branches in all over the Pakistan, JS bank in the near future shall capture market in regard to its extraordinary CUSTOMER SERVICES

Recommendations
Branch establishment in rural areas.
They should offer more services for youth as in Pakistan they comprise a high percentage of 67%. Banking should be made on Islamic basis on large scale

Your Queries