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ERBAZ KHAN

M14BBA038

CEO and
President
Mr. Hussain Lawai

|Chairman
Mr. Abdullah Nasser Hussain Lootah

Members

ERBAZ KHAN

ABDUL BASIT
MUHAMMAD
WAQAR

Summit Bank
Committed to You

Introductio
n

Arif Habib Bank Ltd was rebranded as Summit


Bank Ltd
It commenced its operation in August 2006
Managements vision of making this bank a
front runner amongst its peer banks
Expanding the banks geographical outreach
with a network of 188 branches across the
country

Mission Statement

Participate gainfully in the economic development of


Pakistan.

Serving the common man and the middlemen class


business community.

Maximizing dividend income for distribution to the


shareholders.

Generating long term growth.


Mobilizing personal and corporate savings

Departments

Cash Department
Deposits Department
Remittances Department
Human Resource Department
Human Resource Management

Services

Different types of accounts

Inland and foreign remittance

Lockers

Evening banking facilities

Accounts

Current Account

Summit Saving Account

Fixed Deposit account

Profit and Loss Saving Account

Joint Account

Inland and Foreign


Remittances

Remittances are the transfer of funds from one


place to another through network of branches
in PAKISTAN.

It also transfers funds to outside country.

Abdul Basit
M14BBA015

Lockers

Specially designed lockers of various sizes are


offered by Summit Bank to meet the needs of
Customers.

The Lockers can be operated outside of banking


hours late in the evenings.

Products
:
Non stop banking
24/7 cash withdrawal facility (ATM)
Real time online Banking
Free unlimited online transactions

Corporate
Banking

Current Accounts (PAK Rupees)

Foreign Currency Accounts

Clearing and Fund Transfer

Trade Services

Project Financing

Consumer
Banking

Current Accounts (PAK Rupees)


PLS Account
Saving Accounts
Term Certificates
Saving Deposit Lockers

Consumer
Finance

Current Accounts (PAK Rupees)


Personal Loans
Personal Accidental Insurance
ATM Withdrawal Insurance
Home Finance
Foreign Currency Account

MUHAMMA
M14BBA032
D WAQAR

Free
Services

Free E-cash Issuance (ATM)


Free E-mail/SMS Alerts
Free E-Top up your Mobile Balance
Free 24/7 Customer Care Center at Toll Free
Number
Free E-Banking (Internet Banking)
Free Phone Banking

Field of
Activities
Account Opening Department
Cash Dealing Department
Clearing Department
Trade Finance

PEST
Analysis

Political
Factors

Lack of confidence on political System

Bad policies of Govt.

Increase tax rate

Economic
Factors

World wide Recession


Uneven distribution of wealth
Inflation
Exchange rate
Unemployment
Growth rate

Social
Factors

Population trend
Culture
Religious factor
Joint family system
Low standard of living
Costless value of living
Costless value of life
Literacy level
No Concept about insurance

Technological
Factors

Complications in policies

Online service

Using new software

SWOT
Analysis

Strengths

Versatile products & services


Goal oriented management system
Foreign investment support
User friendly internet services
High confidence of customers

Weaknesses

Lack of Branches in underdeveloped Areas


Not pure Islamic Banking
No incentives for agricultural sector
No Advertisement

Opportunities

By expanding their network Summit Bank can


capture the corporate customers.
It can enhance its market share by introducing
new offers like car financing & short and long
term loans for agricultural sector.

Threats

Big competition in the market


In Home Financing Union Bank or to some
extent NBP are the threats
The launch of any new bank could be a threat
for Summit Bank

Dilemmas
Faced

Software security is not good


Non availability of IT professionals.
No proper HR
No training after selection
No proper appraisal to evaluate performance of
employees
Sale promotion/marketing department are
same in the Summit Bank

Recommenda
tions

Software need a greater security


Training of employees before working in bank
Introduce Islamic Banking
IT professional must be hire
Human Resource officer should be hired
ATMs should be up-to-date 24/7
Proper backup should be made available for
existing employees
In networking, no input control on data

Conclusion

It is backed by powerful international investors


Employees are the most important assets of any
organization
With their focused strategy and product
development initiatives planned for the year,
Summit Bank is strongly positioned to meet
these challenges
Summit bank has to maintain its position
through product innovativeness, customer care
and advertising and promotion

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