Presented to:

Sir Amjad Sheikh

Presented By:
Jibran Iqbal
Majid Khan Sadaqat
Abrar Hussain
Mohammad Salman Mushtaq

[MY VISION OF AN IDEAL BANK]

E.B.P
Elegant Bank of Pakistan
Together we can and gather we must!

Vision
To be the best as financial intermediary and
grasp multi dimensional fields in banking.
Mission Statement
To maintain our role as the leading name in
banking sector in Pakistan by creating lasting
value for our stakeholders through enrichment
of our employees and customers.

Quick Facts

The Elegant Bank of Pakistan was Established in

2005 was given the status of scheduled bank in
2007.
Our bank is working as a scheduled commercial
bank with its network of 60 branches at all major
business centers in the country.
Bank is focusing on four types of banking
operations in which leasing & finance, deposits,
current accounts.

Salient Features

1)

Invoice Discounting:

This a form of short-term borrowing often used to

improve a company's working capital and cash flow
position.
1) The company sells goods to
the customer payable in 30 days.

Company

Customer
3) Receipt of payment

2) The company
borrows up to the 80%
of the value of debt.

4) The company
pays the ID the
amount borrowed
plus interest.

Invoice Discounter
(The Elegant Bank of
Pakistan)

1.

2.

3.
4.

The company sells goods to the customer

payable in 30 days.
The company borrows up to the 80% of the
value of the debt.
The company receives payments.
The company pays the invoice discounter
the amount borrowed plus interest.

Method works as follows

The invoice discounter provides cash to the

business for a proportion of the value of the
invoice , as soon as it receives a copy of the
invoices and agrees to discount it . The
discounter will advance cash up to 80% of
face value.

When the business eventually collects the

payment from its customers, the money
must be paid into a bank account controlled
by the invoice discounter. The invoice
discounter then pays the business the
remainder of the invoice, less interest and
administration charges.

Invoice discounting can help a business that

is trying to improve its cash flows but does
not want a factor to administer its sales
ledger and collect its debts. It is therefore
equilent to the financing service provided by
a factor.

Guardian Loan
Since

there had been a very rough time (due

to recession) with local traders and
businessmen they were crashed
economically. Our bank is going to introduce a
service of guardian loan.
Principle:
In order to give well being to small traders and
businessmen our bank will give loan to a
group of traders and monitor them to make
the right use of loan in accurate direction.

THANK YOU !