Presented ToOur honorable and respected sirMr. Riaz Ahmad MianM.Com (Pb) M.A. (Philosophy)M.B.A (Distinction) (Pb).

Group Members

MUHAMMAD NAVEED M07MBA063MUHAMMAD RASHEED M07MBA057KHURAM RASHEED M07MBA061

HistorySoneri Bank Limited is incorporated in Pakistan on September 28, 1991, as a private limited company under the Companies Ordinance, 1984. The first Branch of Soneri Bank Limited formally opened doors for operations in Lahore on April 16, 1992 followed by Karachi Branch on May 09, 1992.

The bank now operates with 89 including 4 islamic branches spread all over Pakistan

Objectives of SBL The essence of business philosophy is to cater the banking requirements of small & medium sized entrepreneurs, providing them qualitative & competitive services with emphasis on encouraging exports.

Role of Soneri Bank in Banking Sector After establishment in the year 1991, Soneri bank is playing an important and active role in banking sector of Pakistan. It is progressing in the field of automation and related technologies. Banks own network of ATMs now comprise of 19, machines. The transaction volume has touched 49000, per month

Organizational Structure

Functional Chart of Soneri Bank, Lahore Branch

Departments Bills DepartmentCash DepartmentDeposits Department Remittances Department Human Resource Department Credit Department

ServicesDifferent types of accountsInland and foreign remittanceIssuance of bid bondsSale and purchase of government securitiesEvening banking facilitieslockers

AccountsCurrent Account Soneri Saving AccountFixed Deposit accountProfit and Loss Saving AccountPLS Term DepositsPLS Saving AccountJoint AccountCall DepositsForeign Currency Account

Inland and Foreign Remittances Remittances are the transfer of funds from one place to another through network of branches.

It also transfers funds to outside country through foreign correspondents around the globe.

Sale and purchase of government securitiesSBP also deals in sale and purchase of government securities like special saving certificate, defense saving certificate &national prize bonds

Lockers Specially designed lockers of various sizes are offered by SBL to meet the needs of individuals. The Lockers can be operated outside of banking hours late in the evenings.

Financial Products of SBLSoneri Car Finance Soneri Ghar Finance Scheme Soneri Personal Finance: Rupee Travelers ChequesSoneri ATM ServiceSoneri Debit card: Telephone banking Online Banking

Soneri Car Finance: With increasing demand for auto mobiles in Pakistan SBL has offered to its customers, Soneri car finance at lowest markup rates to cater the crying need of customers in year 2005.

The maximum finance amount is Rs. One million for brand new unregistered cars.

Repayment period is one to five years in equal monthly installments inclusive of markup.

Soneri Ghar Finance Scheme: SBL provides easy and affordable credit facility to those who desire to have an own home or make repair to home already owned through Ghar financing scheme.

Maximum individual finance amount Rs. 5 million for purchase of property, Repayment period for this facility is up to 20 years

Finance amount Rs. 2 million for repair and renovation. repayment period for this facility is up to 7 years.

Soneri Personal Finance To meet the expenses for medical, travel, education and advance rent SBL offered easy and affordable credit facility to their customers through personal finance scheme. Maximum individual finance amount Rs. 500,00 or 5 times of borrowers gross salary, whichever is lower. Repayment period is up to 5 years.

Rupee Travelers ChequesThe customers prefer to carry secured way to Cash. In this regard the bank issues RTCs of Rs. 5000 and en cashable free of any service charge (Govt. Taxes / Duties applicable) through all branches of Soneri Bank Limited, also payable through Local Clearing System. When bank issues RTCs it credits the head office account and debit is made when RTCs are presented for encashment. It also offered foreign currency travelers Cheques.

Soneri ATM ServiceSoneri Bank ATM Cards provide self service banking 24 Hours a day, and offers following services at touch of a button from Soneri ATMS Cash withdrawalBalance Request Cheque Book RequestPIN Changing Facility Eligibility

Soneri Debit card Soneri ATM Card held may be used in addition to Soneri ATM Service, for making payments against purchases made from sales outlets and payments to Petrol Pumps displaying acceptance of Soneri bank Per Day Limit For PurchasesSubject to availability of sufficient withdraw able balance in account's linked to Soneri ATM Card, will pay a maximum amount f Rs. 300,000/- per day for purchase against Debit Card. What is more, the per day cash withdrawal existing limit from ATMs may also be utilized. Service ChargeThe convenience of using Soneri Debit Card is available at a negligible annual fee of Rs. 500/ or the prevailing fee as published in schedule of Bank Charge.

Telephone banking balance enquirytoday's transaction by voicerequest for Cheque bookstop mark of lost Soneri banking cardchange of T-pinproduct information

Online Banking Modern innovation like modem satellite technology LANS etc have greatly helped in establishing online banking system. In an online system one branch can excess the records of the other branches. The records of all branch is integrated and it can be accessed from any branch. Now a client is not required to stick to a same branch where he opened the account. Under online system he can operate his account from any branch

SWOT ANALYSIS

SWOT Analysis Strengths of SBLWeaknesses of SBL Opportunities for SBL Threats for SBL

StrengthsSoneri bank mainly focuses on its customers.It has policies to make their staff motivate and devote.It has product innovation skills and resources.Staff is young and rich in experience and working skills.Computerized and reliable service of inland remittances.

WeaknessesThe lower level management is not very good.Physical setup of the branch is not impressive.Customers having accounts with small amount are not given the same attention as compared to those with large amountsMost of the personnel are not much qualified.

OpportunitiesSoneri bank should take interest in the new market segments like IT business and software business .Soneri bank should extend their branches network to other parts of the country .It has product innovation skills and resources.Increasing credit facilities to lower income groups.Increasing need and potential of leasing in Pakistan provides SBL an opportunity to utilize its skills and efficiencies in leasing business as well.

ThreatsIncreasing number of private / foreign banks in the country.Global technology advancement.Political, economical situation of the country.Sharply increasing rate of Inflation in the country.Computerized and reliable service of inland remittances.