FAYSAL BANK LIMITED

In credit proposal three things are consider by bank

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Recommendations from bank
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Processing from higher officer
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ApprovalIn recommendations from bank, the bank mentioned all details of proposal that either customer is applied first time for
loan or not.
Repayment Schedule
Production loan is for short term and the customer pay after one year, whiledevelopment loan is from 1 year to 5 year. Markup is
paid after six months.
1.CONCLUSION
The economy of the country is booming and with the investment favorable policies andtheir smooth implementation, the role of
banks in today’s economy have become an importantone.T h e b a n k i n g i n d u s t r y i s a l s o r e a p i n g t h e f r u i t s o f
t h i s e c o n o m i c b o o m b y g r o w i n g rapidly over the past few years. There are a number of mergers happening in the
economy withforeign investments coming into the banking sector.Faysal Bank culture is built on a set of core values: Respect,
Integrity, Professionalism,teamwork. The company is committed to its clients' best interests as well as preserving a
goodrelationship by defining realistic objectives.Since the establishment of Faysal Bank, it has aimed to become the
leading bank of Pakistan by that provides outstanding services to its customers.T h e s e r v i c e s t h a t F a y s a l
Bank provides have a great market penetration not only because of their features but also
t h e p r o f i t a n d m a r k u p r a t e s t h a t t h e y c h a r g e . A l s o t h e products that Faysal Bank provides cater to sector of
the economy.T h e t o p m a n a g e m e n t o f t h e b a n k i s a l w a y s d e v e l o p i n g s t r a t e g i e s t h a t c o p e
w i t h unexpected challenges to deliver products and services more efficiently
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FAYSAL BANK LIMITED

L a s t l y , t o b e c o m e t h e l e a d i n g b a n k o f P a k i s t a n , F a y s a l B a n k h a s t o b e n c h m a r k i t s services to its
major competitors in the industry or the market leader in the industry and providea continuous mean of improvement in its
existing products and services, while introducing newones to the industry.In the last section, I would like to give some
recommendations and is hoped that if theyare implemented will bring benefits to Faysal Bank.
2.RECOMENDATIONS
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The bank should improve and increase its branch network in Pakistan as well as in foreigncountries.
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Training of the staff should be carried on regular basis in the field of banking and operatingcomputers.
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Bank should establish a separate marketing department in each branch.
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Although bank has agency relations with the foreign banks but it should open its foreign branches to compete with the
competitors.
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Time period of the loan procedure should be reduced.
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Special awards should be given to hardworking employees to perform extra.
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New staff should hire for Agri. Department.
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The Bank should focus on long term debt paying ability.
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The management should try to create more understanding between different departments toincrease their productivity.
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The top management should create those policies through which they can protect the Bank if the Barclays takeover it.
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There should decentralization decision making.
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The manger should recruits right person for right job.
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The manager should hire multi skilled workers to get economy of scale.
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The Bank should offer Credit Card to its customers.
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FAYSAL BANK LIMITED

1.Bibliography
www.google.comwww.wikipedia.comwww.scribd.comwww.faysalbank.comAnnual reports of 2008, 2007, 2006BrushersBranch
team