Audit and Compliance

1. UBL By Muhammad Mazhar &
Sikander Hayyat
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2. AGENDA
History
Introduction
Mission & Vision
Core Values
Software Used
Consumer Products
Assets
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3. HISTORY
Founded by Agha Hassan Abedi on Nov 7,1959.
Nationalized in 1976 and then Privatized on Oct 2002.
Shares of UBL are:
 Best way Group with 25.5% shares.
 Abu Dhabi Group with 25.5% shares.
 Govt. of Pakistan and General public hold the balance.
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4. INTRODUCTION
Successful banking history of over 63 years.
Headquarters located at Karachi, Pakistan.
Represented in 10 countries worldwide.
 Also has representative offices in Tehran, Iran, and Kazakhstan.
More than 1,220 online branches inside the country.
Won “Bank of the year” award more than 4 times.
All most 1100 branches through out Pakistan.
UBL has Assets approx. more than Rs.300 billion.
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5. INTRODUCTION CONT.
Products include Commercial Banking, Private Banking, Asset
Management.
UBL has high level contacts with government and regulatory
authorities.
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6. MISSION & VISION
“A World-Class Bank. Where You Come First”.
Set the highest industry standard for quality, across all areas of
operation, on a sustained basis.
Optimize people, processes and technology to deliver the best
possible financial solution to our customers.
Become the most sought-after investment.
Be recognized as the employer of choice.
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7. CORE VALUES
Honesty and integrity.
Commitment and dedication.
Fairness and meritocracy.
Teamwork and collaborative spirit.
Humility and mutual respect.
Caring and socially responsible.
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8. SYMBOL SOFTWARE
UBL uses SymbolSoftware.
 Developed by Symbol Software Services (S2S), Inc.
 (S2S) is a New Jersey based, dynamically growing, Information Technology
Consulting and Professional Services firm that offers varied technical IT Services
across Business.
 It is delivering varied IT Services consistently on-time, with quality and within
budget to its Fortune 1000 clients for more than past 15 years.
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9. SYMBOL SOFTWARE USES
Banking.
Finance.
HealthCare.
Pharmacy.
Insurance.
Retail.
Telecom.
Technology.
Supply Chain.
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10. SYMBOL SOFTWARE IN UBL CONT.
Financial Services.
Deposits.
Withdrawals.
Online System.
Prepare Report.
Utility bills.
Drafts.
Money supervision.
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11. SYMBOL SOFTWARE IN UBL CONT.
ATM.
Balance inquiry.
Services charges.
Zakat deduction.
Taxes.
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12. PROS & CONS OF SYMBOL
SOFTWARE
Pros are:
 100% secure.
 Minimize chance of fraud.
 Change technology with the passage of time.
 Time saving.
 Password protected.
Cons include:
 Very complicated.
 Every worker cannot use easily.
 Very Costly.
 Too much passwords/keys to remember.
 Tree like menu.
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13. CONSUMER PRODUCTS
UBL Address (House loan)
UBL Business line (Corporate Side)
UBL Drive (Car loan)
UBL Cash line (Cash loan)
UBL Visa credit card
UBL Money (Another form of loan)
UBL Wallet visa debit card
UBL Omni Dukaan
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14. ASSETS IDENTIFICATION
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15. WHAT IS ASSET?
“An item of property owned by a person or company, regarded as having value and
available to meet debts, commitments, or legacies.”
Examples include:
 Cash and cash equivalents
 Marketable securities
 Trademarks
 Patents
 Product designs
 Distribution rights
 Buildings
 Land
 Mineral rights
 Equipment
 Inventory
 Software
 Computers
 Furniture and fixtures
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16. UBL IT ASSETS
Network Infrastructure:
 Web servers, backup servers, DB servers, routers, switches, hubs, repeaters,
gateways, bridges, and modems.
 As well as network services include networking protocols such as TCP, UDP, and IP
addressing.
Software Assets include all Software, data rights, documentation and
associated license, escrow, support and maintenance agreements
used in the conduct of the Business.
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