ACKNOWLEDGEMENTS

Innumerable thanks to Almighty ALLAH, whose unlimited and unpredictable

sources of help made me able to win honors of life. I also pay all my respect to last
Holy Prophet Hazrat Muhammad (PBUH) who is a beacon to well wishes of mankind
and his faithful companions, who are forever a true torch of guidance for humanity as
a whole.
The internship reported in this manuscript was conducted under the kind
supervision of Mr. Muhammad Idress Lecturer, Institute of Business and Management
Sciences (IBMS), The University of Agriculture, Peshawar. I am most grateful to
acknowledgement his help, cooperation, valuable suggestions and sympathetic attitude
throughout the course of this research work.
Lastly, I admit that I cant write all my well wishers here, as the space cant let
me to proceed. From the core of my heart, I want to acknowledge them and may Allah
can return them with a better reward.

TANVIR AHMAD

EXECUTIVE SUMMARY
Banking operations and services are one of the basic needs of an economy. These
include acceptance of deposits and disbursement of advances to individuals and others
at higher rates. Banks perform various fundamental, which are directly or indirectly
contributory towards economic and social development of countries. United Bank
Limited, a commercial bank was established in 1959 as result of reckless efforts made
by Agha Hassan Abidi. The UBL has shown the fastest growth pattern and in a period
of just 27 years became the second largest bank of Pakistan. The bank image however
adversely destroyed when it suffered heavy losses during its nationalization period
due to political and other factors. The bank is showing re-emerging indications as is
evident from its financial statements. UBL on October 19, 2002 was privatized and
bought by two financially sound parties of international repute i.e. best way group and
Abu Dhabi group holding 51% of the banks share and thus has emerged as the largest
private bank surpassing MCB. The purpose of this report is to study operations and
analyze performance of UBL to see whether the bank is successful in its operational
performance or not, and recommending possible solutions for problems. For meeting
the purpose both secondary and primary data have been used.

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LIST OF ACRONYMS
AD

Authorized Dealer.

ATM

Automated Teller Machine

ATR

Asset Turn Over

AVP

Assistant Vice President

AOF

Account Opening Form

BOD

Board of Director

CA

Credit Approval

CP

Credit Proposal

DAC

Disbursement Authorization Certificate

DD

Demand Draft

DP Note

Demand Promissory Note

EBIT

Earnings Before Interest & Tax

ESVP

Executive Senior Vice President

EVP

Executive Vice President

FDD

Foreign Demand Draft

FMT

Foreign Mail Transfer

FTDR

Foreign term Deposited Receipt

FTT

Foreign Telegraph Transfer

GM

General Manager

GOP

Government of Pakistan

GPM

Gross Profit Margin

HBL

Habib Bank LTD

IMS

Institute of Management Sciences

LC

letter of Credit

MCB

Muslim Commercial Bank

MT

Mail Transfer

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