Presented By

Anmol Maryam
Roll # 05
M.Com 4th semester
 STATE BANK OF
PAKISTAN

Banking Services Cooperation

(BSC) FAISALABAD
 STATE BANK OF PAKISTAN
SBP Head office BSc (Banking Services
Cooperation)
 STATE BANK OF PAKISTAN

THERE ARE SIXTEEN FIELD OFFICES OF SPB (BSC) THROUGHOUT THE

COUNTRY.
1. KARACHI 9. LAHORE
2. ISLAMABAD 10. PESHAWAR
3. QUETTA 11. BAHAWALPUR
4. MULTAN 12. FAISALABAD
5. DERA ISMAIL KHAN 13. MUZAFARABAD
6. RAWALPINDI 14. HYDERABAD
7. SUKKUR 15. GUJRANWALA
8. SIALKOT 16. NORTH NAZIMAB
 STATE BANK OF PAKISTAN

VISION
To develop SBP-BSC into a dynamic and efficient organization equipped with
requisite technology and human resource capable of extending sustainable
support to the state bank of Pakistan in achieving its objective.
MISSION
To provide excellent banking and financial services to stakeholders besides
ensuring implementation of SBP policies in order to command their trust and
respect
 STATE BANK OF PAKISTAN
Non-
Traditio Traditio 1- Islamization of
nal 1- Regulations and
supervision of nal banking system,
functio financial system,
Functio 2- Providing
trainings to
ns 2- Issuance of
notes, ns bankers,
3- Bankers’ Bank, 3- Promotion of
micro finance
4- Lender of last sector and also
resort, promoting small
5- Banker to and medium
Government, enterprises
6- conduct of (SME’s),
monetary policy. 4- Export
7- Management of refinance and
Foreign exchange, Promoting
Agricultural Sector
 STATE BANK OF PAKISTAN

STATE BANK OF PAKISTAN HAS ITS TWO

SUBSIDIARIES;
• NIBAF ( NATIONAL INSTITUTIONS OF BANKING & FINANCE) ESTABLISHED IN 1997
• BSC ( BANKING SERVICES CORPORATION) ESTABLISHED IN JANUARY 2002
ORGANOGRAM OF SBP BSC FSD
 STATE BANK OF PAKISTAN (BSC FSD)

DEPARTMENTS OF STATEMENT BANK OF PAKISTAN BSC

FAISALABAD
• GENERAL SERVICES UNIT
• REFINANCING SCHEMES UNIT
• INTERNAL MONITORING UNIT
• CURRENCY MANAGEMENT UNIT
• ACCESS TO FINANCE UNIT
• FOREIGN EXCHANGE UNIT
• BANKING DIVISION
• PRIZE BOND UNIT
 PRIZE BOND UNIT
UNIT ASSIGNED TO ME WAS PRIZE BOND DIVISION

Special
Bearer saving
prize certifica
bond te
Prize
bond
divisi
on
Premiu Defense
m prize saving
bond certificat
e
 PRIZE BOND UNIT

• ORIGINALLY THE NATIONAL PRIZE BONDS WERE INTRODUCED IN 1960.

• THE SALE OF PRIZE BONDS UNDER THE SCHEME OF NATIONAL PRIZE BONDS WAS
COMMENCED BY THE BANK FROM 1ST OCTOBER, 1960.
• CENTRAL DIRECTORATE OF NATIONAL SAVINGS (CDNS) IS THE OWNER OF THIS
SCHEME AND DECIDE IN ALL POLICY RELATED MATTERS WITH REGARD TO THIS
SCHEME.
• NPB BEARS THE SIGNATURE OF GOVERNOR SBP.
FOUR COUNTERS OF PRIZE BOND
DIVISION
 DRAW OF PRIZE BOND
The draw is held by manual system as per Draw Schedule issued by CDNS
every year. Supervised by draw committee.

 Hand Operated Machines are used.

 Fitness certificate is obtained prior to draw.
 General Public checks the machines for their satisfaction.
 Special Children operate the Machines.
 Winning numbers are announced on the microphone.
 Winning numbers are written on the white board.
 Winning numbers are written on excel sheet.
 Secretary writes the numbers in Register.
 All proceedings are covered through video.
 PRIZE MONEY DETAIL
Details of Prize Money Paid On various Denomination Prize Bonds
"For The Prize Bond Draws Held On Or After 15-02-09"
1st Prize 2nd Prize 3rd Prize
Sr.N Denomina
No. of Amount of No. of Amount of Total No. of Amount of Total
o tion Rs.
Prizes Prize Money Prizes Each Prize Amount Prizes Each Prize Amount
1 100 1 700,000 3 200,000 600,000 1199 1,000 1,199,000
1,250,00
2 200 1 750,000 5 250,000 2394 1,250 2,992,500
0
1,500,00 15,772,80
3 750 1 1,500,000 3 500,000 1696 9,300
0 0
3,000,00 31,376,00
4 1500 1 3,000,000 3 1,000,000 1696 18,500
0 0
15,000,0 157,728,0
5 7500 1 15,000,000 3 5,000,000 1696 93,000
00 00
10,000,00 30,000,0 313,760,0
6 15000 1 30,000,000 3 1696 185,000
0 00 00
15,000,00 45,000,0 529,152,0
7 25000 1 50,000,000 3 1696 312,000
0 00 00
25,000,00 75,000,0 848,000,0
8 40000 1 75,000,000 3 1696 500,000
0 00 00
 PREMIUM PRIZE BOND
• PREMIUM PRIZE BOND IS REGISTERED BOND (HYBRID TYPE OF BOND)
• PROFIT @1.5% SEMIANNUALLY AND DRAWS
QUARTERLY (AT 10TH OF MONTH)
• NO PROFIT FOR BROKEN PERIOD
• CDNS DECIDES PROFIT RATE.
• TWO DENOMINATIONS: RS. 100,000/- & RS. 40,000/-
• APLHA-NUMERIC NUMBERS E.G. A123456
• EACH SERIES – 1 LESS THAN MILLION
• OFFICE OF ISSUE: SBP BSC OFFICES (PRESENTLY ONLY PDOS I.E. KARACHI & LAHORE)
ASSIGNMENT (PROJECT)
“COMPARISON BETWEEN
PRIZE BOND SCHEME OF
UK AND PAKISTAN”
 DIFFERENCE BETWEEN PAKISTAN AND
UK’S PRIZE BOND SCHEME
PAKISTAN UK
Registration: unregistered bonds registered
Limit of investment: No limit of investment Limited to £50,000
Draws: once in quarter of year. Every month
Taxation: Prize money(not exempt) Prize money(exempt)
Draw mechanism: Manual machines ERNIE machine
Denominations: Eight different den. One den. of £1
Method of Purchased on counters Can purchase online
purchasing:
Payment of prize Paid in 20 or 30 working Within 7 days after draw
money: days
Percentage of prize 10% 1.15%
fund:
 SWOT ANALYSIS OF PRIZE BOND UNIT

STRENGHT:
• FAIR DRAWS HELD AT SBP BSC AND PARTICIPATION OF GENERAL PUBLIC
• FULL INTEREST AND TRUST OF THE CUSTOMERS ABOUT FAIR PROCEDURE OF
PRIZE MONEY AND THE DRAW
• RULES AND REGULATIONS.
• NO FRAUD INVOLVE.
WEAKNESS:
• LACK OF AWARENESS ABOUT SECURITY FEATURES OF PRIZE BONDS TO LAYMAN.
• LESS SECURITY FEATURES IN SMALL DENOMINATIONS OF PRIZE BONDS.
 SWOT ANALYSIS OF PRIZE BOND UNIT

OPPORTUNITIES:
• TRAINING PROGRAMS ABOUT NEW TECHNOLOGY SHOULD BE CONDUCTED
• ACCORDING TO THE INTEREST OF THE PUBLIC IN PRIZE BONDS SCHEME GOVERNMENT
MUST INTRODUCED SOME NEW DENOMINATIONS E.G. RS.1000/-
• INCREASE IN NUMBER OF PRIZES ATTRACTS GENERAL PUBLIC.
• MORE MARKETS ESPECIALLY OF RURAL AREAS WHERE THIS SCHEME IS NOT AVAILABLE
CAN BE CAPTURED.
THREATS:
• SELLING OF PRIZE BONDS THROUGH COMMERCIAL BANKS MOTIVATE PEOPLE TO BUY
THROUGH THEM, WHICH IS A LOSS OF COMMISSION AS WELL AS TAX EVASION.
• AVAILABILITY OF FORGE PRIZE BONDS IN THE MARKET.
• NUMBER TEMPERING AND STAMP REMOVAL IS EASY TO BE DONE.
 RECOMMENDATIONS AND
SUGGESTIONS

SOME RECOMMENDATION AND SUGGESTION TO IMPROVE OUR PRIZE BOND

SCHEME, AFTER HAVING A THOROUGH STUDY OF PRIZE BOND SCHEME OF
UK (DEVELOPED ECONOMY).

• ONLINE SCHEME
• IMPLEMENTING THE CHANGE
• DRAW PROCEDURE
 ADVANTAGES OF TECHNOLOGICAL
IMPLEMENTATIONS

• PAPERLESS ECONOMY

• TIME SAVING

• REDUCING BLACK MARKETING

• SAFE AND SECURE

• EASY ENCASHMENT

• EASY TO INVEST
 IN-CAPABILITIES WITH CHANGES

ONLINE PRIZE BOND SCHEME IS A HUGE CHANGE, AND WILL LEAD TO

SOME FOLLOWING INCOMPATIBILITIES:

• TACKLING PUBLIC TRUST DEFICIT

• TACKLING THE CYBER MALPRACTICES
 CONCLUSION

PRIZE BOND IS THE SCHEME OF GOVERNMENT INTRODUCED FOR THE

BETTERMENT OF THE ECONOMY. IT IS AN ATTRACTIVE SAVING OPPORTUNITY
FOR THE GENERAL PUBLIC. BEING A BEARER INSTRUMENT IT HAS GAINED
MUCH POPULARITY. THE INTERNSHIP DONE BY ME IN SBP BSC WAS AN
AMAZING EXPERIENCE. I CAN NOW SAY THAT I HAVE GOT MUCH INFORMATION
ABOUT SBP BSC AND MAINLY ABOUT PIRZE BOND UNIT.