Internship Report of JS Bank

INTERNSHIP REPORT | waqar
akber
INTERNSHIP
REPORT
2017
WAQAR AKBER
JS BANK LIMITED

AN INTERNSHIP REPORT
ON
JS BANK SADIQABAD BRANCH
INTERNSHIP REPORT SUBMITTED TO THE PRINCIPLE, INSTITUTE OF HAILEY
COLLEGE OF COMMERCE LAHORE, IN PARTIAL FULFILLMENT OF THE
REQUIRMENTS FOR THE DEGREE OF B.COM (HONS)
EXTERNAL EXAMINER:
SIGNATURE: ………………………….
DIRECTOR: PROF:
DR. HASSAN MOBEEN ALAM
SIGNATURE……………………………
SUPERVISOR:
NAME: DR. FOZIA ALI
DESIGNATION: Assistant Professor
SIGNATURE: ………………………….

DEDICATION
I dedicate this
effort to my
Parents & Teachers
who Guide
&
Encourage me
during the course
Of
My Studies and
preparation of this
Report.

PREFACE
Every student of Bachelor in Commerce at THE UNIVERSITY OF PUNJAB
LAHORE has an essential requirement to do Six OR Eight weeks internship in any
of the well reputed organization. The purpose of this program is to acquaint the
students with practical applications of theoretical concepts taught to them during
conduct of their B.com (Hons) program. The internship in JS BANK is personally
arranged by my own resources and the department gave me a letter for getting this
internship.
Really, it was a nice opportunity to have a close comparison of theoretical concept
in practical field, involving the use of primary and secondary data. This Report may
depict deficiencies on my part but still it is an output of a student’ efforts, for which
I beg pardon. The output of my analysis is summarized in a shape of Internship the
contents of the report Shows the detail of sequence of these. The report is
concluded with problem and suggestions.
WAQAR AKBER
ROLL NO#Bc13-638
Section ‘‘C ’’

ACKNOWLEDGEMENT
No one can say that I am perfect everyone should admit that without the help of
ALLAH and His people a man can’t get anything so I bow my head before almighty
Allah with gratitude. I am also very much thankful and presents salute to many
individuals who have helped me in shaping this report .I am also very much thankful
to lot of former fellows and contemporary colleagues who took the time and trouble
during internship period speak to me about the way this this could be further
improved. I am very thankful to the director of HASSAN MUBEEN ALAM. I am also
thankful to the staff of JS Bank Ltd.
WAQAR AKBER
ROLL NO#Bc13-638
Section ‘‘C ’’

Table of Contents
CHAPTER NO.1........................................................................................... 1
Executive Summary....................................................................................... 1
INTRODUCTION........................................................................................... 2
MEANING OF BANK.................................................................................... 2
COMMERCIAL BANK ............................................................................................ 2
HISTORICAL DEVELOPMENT OF BANK ........................................................... 3
Brief History of JS Bank.......................................................................................... 4
Vision Statement...................................................................................................... 5
Mission Statement ................................................................................................... 5
CORE VALUES........................................................................................................ 5
GOALS OF JS BANK............................................................................................... 6
JS GROUP LISTED COMPANIES ............................................................... 6
Corporate Governance ............................................................................................. 6
JS Global Capital Limited (JSGCL) ........................................................................ 7
JS Bank Limited (JSBL).......................................................................................... 7
BASIC FUNCTIONS...................................................................................... 8
Accepting of deposits................................................................................................ 8
Advancing of loans ................................................................................................... 8
Agency functions ...................................................................................................... 8
General utility services............................................................................................ 8
ORGANIZATIONAL STRUCTURE OF JS BANK LIMITED ..................... 9
Investment Committee .......................................................................................... 10
Investment Committee Members .......................................................................... 10
Key Management ................................................................................................... 10
CHAPTER NO. 2........................................................................................ 12
GENERAL BANKING DEPARTMENT...................................................... 12
TYPES OF ACCOUNTS ........................................................................................ 12
ACCOUNT OF SPECIAL PERSONS.................................................................... 12
ROUTINE DOCUMENTS...................................................................................... 12
Requirements for all ACCOUNT........................................................................... 14
ACCOUNT OPENING SECTION ......................................................................... 14
DEPOSITS SECTION.................................................................................. 17
CLEARING SECTION................................................................................. 17

OUTWARD CLEARING ........................................................................................ 18
INWARD CLEARING............................................................................................ 18
REMITTANCE SECTION ........................................................................... 20
INLAND REMITTANCE ....................................................................................... 20
WITHIN LOCALITY.............................................................................................. 20
OUTSIDE LOCALITY ........................................................................................... 21
ACCOUNT SECTION.................................................................................. 21
CHAPTER NO. 3........................................................................................ 24
FUNCTIONS OF JS BANK LIMITED ....................................................... 24
COMMERCIAL BANKING ................................................................................... 24
CORPORATE BANKING ...................................................................................... 24
INVESTMENT BANKING .................................................................................... 25
RETAIL BANKING................................................................................................ 25
PRODUCTS OF JS BANK........................................................................... 26
Banc assurance....................................................................................................... 26
JS Bank Visa Debit Card....................................................................................... 29
JS Auto Financing.................................................................................................. 29
Export Services ...................................................................................................... 33
Import Services ...................................................................................................... 34
Services of Retail Banking........................................................................... 38
CHAPTER NO. 4........................................................................................ 40
LOANS AND ADVANCES........................................................................... 40
Term Loans ............................................................................................................ 40
Working Capital Loans .......................................................................................... 40
Bridge Loans .......................................................................................................... 40
Advances against Shares ....................................................................................... 40
DebtSyndications ...................................................................................................... 40
Trade Finance ........................................................................................................ 41
CHAPTER NO. 5........................................................................................ 42
FUNCTIONING Of JS Bank Where I Did My Internship......................... 42
BANK DEPOSITS.................................................................................................. 42
OPENING OF ACCOUNT BY AN INDIVIDUAL................................................. 42
AN INTRODUCTION ............................................................................................ 42
ACCOUNT OPENING FORM & SPECIMEN SIGNATURE CARD.................... 42
Specimen signature card........................................................................................ 43

ACCOUNT OPENING REGISTER ....................................................................... 43
ISSUANCE OF CHEQUE BOOK.......................................................................... 43
RECORDING IN TO GENERAL LEDGER .......................................................... 43
TYPES OF ACCOUNTS MAINTED BY JS BANK LIMITED.............................. 44
CHAPTER NO. 6........................................................................................ 47
WHAT I LEARAND DURING INTERNSHIP ............................................ 47
ACCOUNT OPENING SECTION ......................................................................... 47
CLEARING SECTION........................................................................................... 47
REMITANCES SECTION ..................................................................................... 48
Duties and learning in credit department............................................................. 48
Cash department.................................................................................................... 49
Duties and learning in Accounts, ATM and Lockers department ........................ 49
How this experience will impact my career........................................................... 50
CHAPTER NO. 7........................................................................................ 51
RATIO’S ANALYSIS.................................................................................... 51
Return on Equity Ratio.......................................................................................... 52
Table 1 Return on Equity Ratio............................................................................. 52
Return on Assets .................................................................................................... 53
Loan to Assets ratio ............................................................................................... 54
Net Profit Ratio...................................................................................................... 55
Loan to Deposit ...................................................................................................... 56
Current Ratio ......................................................................................................... 57
SWOT ANALYSIS........................................................................................ 58
INTERNAL ANALYSIS......................................................................................... 58
EXTERNAL ANALYSIS ........................................................................................ 59
Success of different products ....................................................................... 59
Reason of success ................................................................................................... 60
Marketing strategy ...................................................................................... 60
Major competitors of the organization ........................................................ 60
CHAPTER NO.8......................................................................................... 62
PROBLEMS ........................................................................................................... 62
RECOMMENDATION........................................................................................... 62
GLOSSARY .................................................................................................. 64
CHAPTER NO. 9........................................................................................ 65
CASH FLOWS FROM OPERATING ACTIVITIES .............................................. 65

Balance Sheet......................................................................................................... 67
Profit & loss Account Annexure C ......................................................................... 68
Attributable to shareholders of the Bank.............................................................. 70
REFRENCES................................................................................................ 72
Organization........................................................................................................... 72
Web Portals ............................................................................................................ 72
Books ...................................................................................................................... 72
TABLES
TABLE 1 .......................................................................................................... 52
TABLE 2 .......................................................................................................... 53
TABLE 3 .......................................................................................................... 54
TABLE 4 .......................................................................................................... 55
TABLE 5 .......................................................................................................... 56
TABLE 6 .......................................................................................................... 57
Figures
FIGURE 1......................................................................................................... 52
FIGURE 2......................................................................................................... 53
FIGURE 3......................................................................................................... 54
FIGURE 4......................................................................................................... 55
FIGURE 5......................................................................................................... 56
FIGURE 6......................................................................................................... 57
Annexure
ANNEXURE A.................................................................................................. 65
ANNEXURE B.................................................................................................. 67
ANNEXURE C.................................................................................................. 68
ANNEXURE D ................................................................................................. 70

1
CHAPTER NO.1
Executive Summary
As we all know very well that time and tide wait for none. So, because of this rapid
change in time and era we have to cope with it. During this era I got an opportunity
of getting practical knowledge about the Banking system in Pakistan. So to quench
the thirst of practical exposure and for getting the basic knowledge about Bank I
joined JS SADIQABAD. During eight week in JS BANK I gather all necessary
information about JS.
Efforts have been made to compile this report in such a way that activates its salient
features not only for students but also for the layman. I have divided this report into
different Sections.
First Chapter is about introduction OF JS BANK. Second Chapter is about General
Banking Department gives us description about how to open an account, how to
deposit and clearing. Third Chapter discusses the procedure of customer dealing
and satisfaction, fourth Section is about the branch where I worked and watch
different function which I learned in JS BANK Sadiqabad.
Fifth Section is about the procedure of getting different type of loans and advances.
Sixth Section is gust of knowledge acquired by me. Section seventh is about
financial analysis of JS Bank. Section eight is about SWOT ANALYSIS of JS
BANK. Section nine tells about my knowledge because here I gave different type
of Recommendation to different problems.
At last I must say that this text is designed to stimulate the curiosity about
management practices of JS BANK Ltd of Pakistan. And to raise reader’s
consciousness about the banking system working in Pakistan and outside the
Pakistan.

2
INTRODUCTION
MEANING OF BANK
The word “bank” has been derived from the French word “banque” or bancus which
means bench, office or institution for the keeping, lending and exchanging of
money. Some authorities have the opinion that “Bank” is derived from the “Germen”
word back which to the meaning of “joint stock fund”. The bank is a financial
institution that borrows money from one party and lends to the other party
(Government, individual, business) and the difference between borrowing and
lending rate of profit/Interest for the bank. Bank borrows and lends money on
interest basis. Banks are classified according to their sphere of activity; the main
types of banks are as under.
 Commercial bank
 Industrial banks.
 Agricultural banks.
 Saving banks.
 Exchange banks.
 Central banks.
 Cooperative banks
COMMERCIAL BANK
Commercial is engaged in performing the routine duties of banking business. Such
bank collects the money from the people (as borrowing) and extends the same
money as a loan for development purposes. Commercial bank plays a vital role in
the economic development of a country by performing the variety of function as
given below:
1. Accepting of deposits (Current, saving and fixed account).
2. Making loans and advances (overdraft, cash credit, discounting bill).
3. Agency services to customers (Collection of cheques, dividends,
Electricity, water and gas bills, and sale of securities, and acts as a
Trustee.
4. General utility services (Foreign business, Issue traveler cheques,
Providing trade information).

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HISTORICAL DEVELOPMENT OF BANK
History of bank is very old; the history of bank is traced to as early as 2000 B.C.
The priest in Greece used to keep money and valuable of the people in temples.
Its origin is also traced to early goldsmiths. They used to keep strong safe, for
storing the money and other valuable of the people. People with surplus money
deposited with them. The first stage in the development of banking was the
acceptance of deposits from people.
Later on goldsmiths began to issue receipts for the money deposited with them to
settle transactions. These receipts were used in payment of debt and acceptable
to all. This was the second stage towards the development of banking.
When goldsmiths realized that they had surplus money therefore they intended to
lend some portion of money to he nearly traders and merchants who constantly
requested for loans This business was quiet profitable and they instead of charging
interest from depositors began to give interest on the money deposited with them
to attract more people this was the third stage towards the development of banking.
They also planned to allow the customers to withdraw in excess of the amount
deposited to meet the customer’s needs. This facility is called overdraft and they
used to keep some portion of money for this purpose. After some time there was
then started too much confusion in the banking system and they were not able to
meet the demands of customers. This failure on the part of money lender to return
money caused distress among the people.
To overcome this problem people felt that there must be a bank which control the
banking activities of different lending organization. As a result of conference held
in 1548 at Nuremberg. The decision was taken in favor of establishing a bank that
regulates the banking activities. The first bank was found in Geneva in 1587. Later
on many other banks were established will the same objective.
We can conclude that commercial banking system actually developed in nineteenth
century. Now a days the banking activities has greatly increased commercial banks
are now multi serviced organizations and play an important role in financial markets
and in the economic development of the country.

4
Brief History of JS Bank
JS bank limited has been formed after the merger and amalgamation of Jahangir
Siddiqui investment bank limited and commercial banking operations of America
express bank ltd Pakistan. Is bank limited commenced operations in Pakistan as a
fully scheduled bank on December 30, 2006[4]? JS bank limited (the bank),
incorporated in Pakistan, is scheduled bank engaged in commercial banking and
related services .the is listed on Karachi stock exchange in Pakistan. The bank is
a subsidiary of Jahangir Siddiqui & Company limited .the registered office of the
bank is situated at Shaheen commercial complex. Dr, Ziaudin Ahmad road, Karachi
JS Bank continues to increase its footprint across Pakistan to enhance access and
convenience for customers. In 2016, JS Bank grew its branch network by adding
on 30 new branches to reach 307 branches in 152 cities across Pakistan including
one international branch in Bahrain. The Pakistan credit rating agency limited
(PACRA) has JS Bank limited also has a primary dealer license for Gov. [5].
Securities from the state bank of Pakistan. Is banks focus is to provide a quality
and innovative range of? JS banks focus is to provide a quality and innovative
range of banking services and products. The banks key activities can be
categorized into three business units. Presently JS bank has laid its footprint
across metropolises of Pakistan with plans to expand its outreach with more
branches nationwide this year .JS group control and operates market leading
financial services companies in Pakistan across sectors including asset
management, commercial banking .Islamic banking, insurance, investment
banking, financial advisory services, stock brokerage, company research,
consumer credit rating, factoring and micro finance.
JS group also has investments throughout Pakistan’s economy, including its
industrial sectors, technology and media sectors, commercial real estate, energy
and natural resources and aviation.
JS bank limited December 30, 2006 Headquarter Karachi, Pakistan

5
Vision & Mission of the Organization
Vision Statement
To provide quality and innovative range of banking services and products to our
customers by ahighly motivated team of professionals whilst maintaining high
ethical and regulatory standards there by, generating sustainable returns to our
shareholders.
Mission Statement
To be a preferred partner of our customers by providing complete financial
solutions exceedingservice expectations, though a single relationship via
conventional and none–Conventional, conveniently accessible distribution
channels.
CORE VALUES
Trust
We are the trustees of public funds and serve with integrity & commitment. Ethical
behavior is of critical importance to us. We adopt full compliance with internal and
external policies and procedures, operating within the legal framework
Customer Focus
We continuously seek to exceed our customer’s expectations, forging and
maintaining long term relationships
Innovation
We strive to be the market leaders in innovative products and services offering
customized financial solutions with flawless execution
Teamwork
The diversity of our people is our strength. We inspire and challenge each other –
working together to achieve synergy

6
Achievement
Our people are our most valuable asset. We are committed to a result oriented
culture. Our goals are clear and merit is the only criterion for reward
Social Responsibility
As responsible citizens we contribute to the social welfare of the community we live
in
GOALS OF JS BANK
1. To mobilize private savings and public funds for diverting the same into
productive channels and ensure their availability. To promote industrial agriculture
and socioeconomic process through the active participation of private and public
sector in the province.
2. Help under developed areas and create employment opportunities,
especially in the rural areas of the province. Further, to guide and assist the people
of Pakistan serving overseas to effectively and profitably invest their foreign
savings in the province as well as in other parts of Pakistan.
3. Create a diversified and sound portfolio for utilization of idle funds and their
investment in the existing and new ventures especially in the pioneering of high-
techs agro-based export oriented and engineering project to ensure maximum
returns.
4. Participative and seek the share of the country in the capital market of
Pakistan by way of subscription through locally peopled resources in the leading
stock exchange of the country and eventually paving the way for establishing a
stock market in the province.
JS GROUP LISTED COMPANIES
Corporate Governance
Our long-term corporate success depends, among other things, on our ability to
conduct business in a responsible manner. JSIL has adopted the 'The Asset
Manager Code of Professional Conduct' formulated by the CFA Centre for
Financial Market Integrity for the purposes of strengthening corporate governance,
enhancing compliance culture, and promoting ethical and professional standards
among employees [6]. The code define score values that all employees, especially

7
fund managers, are required to follow when performing business operations or
when interacting with colleagues, clients and other stakeholders. It also plays an
important role in guiding the Company's efforts to inspire and maintain the trust and
confidence of all its stakeholders
JS Global Capital Limited (JSGCL)
JS Global Capital Limited (formerly, Jahangir Siddiqui Capital Markets Ltd.) is one
of the leading investment banking and securities firms In Pakistan. Global
Investment house KSCC, the leading investment bank in the Middle Eastis a 43%
shareholder of the company. The principal activities of JSGCL are:-
 Equity, Fixed Income and Foreign Exchange Brokerage
 Fixed Income and Money Market Sales
 Equity Sales and Investment Advisory
 Corporate Finance Advisory
 ResearchJSGCL is rated AA (long term) and A1+ (short term) by the
Pakistan Credit Rating Agency.
JS Bank Limited (JSBL)
JS Bank Limited has been formed subsequent to the merger and amalgamation of
Jahangir Siddiqui Investment Bank Limited and American Express Bank Limited‘s
Pakistan branches.JSBL‘s focus is to provide a quality and innovative range of
banking services and products. The Bank‘s key activities can beCategorized into
three Business Units:-
 Retail and Consumer Banking
 Treasury, Fixed Income and Debt Syndications
 Corporate and Commercial Banking
JS Bank Limited also has a Primary Dealer license for government securities from
the State Bank of Pakistan. In addition to these three financial services companies,
JS Group has significant investments in other market-leading financial services
companies.

8
WHEN JS Bank Sadiqabad Branch ESTABLISHED
This Branch was established on May, 2013 to more facilitate The Business
community, besides providing series of general banking to the citizens and nearby
areas. Currently it an on-line bank.
BASIC FUNCTIONS
Accepting of deposits
a. Current account b. Saving account c. Fixed deposit account
Advancing of loans
a. Loans and advances b. Cash credits c. Provision of Qarze-e-
Hasna
Agency functions
 Collection of cheques
 Transfer of funds from one place to another
 Assisting to Agriculture
 Act as an agent or representative of his customers
 Collection of Negotiable Instruments
 Issuing Guarantees and Indemnities
 Granting of letter of credit
General utility services
 Utility Bills collection
 Sale and encashment of Prize Bonds
 Issue of Travelers Cheques
 Supplying of Trade information
 Act as a referee
 Financing of Foreign Exchange

9
ORGANIZATIONAL STRUCTURE OF JS BANK LIMITED
PRESIDENT AND CEO
MEMBERS OF BOARD OF DIRECTORS
SENIOR VICE PRESIDENTS
VICE PRESIDENTS
ASSISTANT VICE PRESIDENTS
HEADS OF ALL DEPARTMENT
REGIONAL MANAGER OFFICER
AREA MANAGER OFFICER
BRANCH MANAGER OFFICER
CLERICAL STAFF
NON-CLERICAL STAFF

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Board of Directors
Mr. Jahangir Siddiqui (Chairman) Mr. Mazhar ul Haq Siddiqui, Mr. Maqbool, A.
Soomro, Mr. Ashraf Nawabi, Mr. Rafique, R. Bhimjee, Mr. Shahab Anwar Khawaja
Mr. Basir ShamsiePresident &Chief Executive Officer Mr. Kalim-ur-RahmanAudit
Committee Chairman Mr. Jahangir SiddiquiMember Mr. Maqbool A.
SoomroMember Mr. Rafique R. Bhimjee
MAIN OFFICE OF ORGANIZATION
The main office of JS bank is in Karachi, Pakistan. It started its operations
duringDecember 30, 2006
Investment Committee
The Investment Committee (IC) is responsible for recommending to the Board of
Directorsthe investment policies and strategies for the management of the Funds
and monitoring the performance of the Investment Managers and other Fiduciaries.
The Board of Directors through its Audit Committee monitors the performance of
the IC. The prime obligation of the IC is:(a) To protect the principal assets of the
Fund.(b) To maximize the return to the unit/certificate holders.(c) To maintain
reasonable costs relating to managing the investments of the Fund.(d) To ensure
the Fund’s assets are prudently invested in accordance with the Investment
Management Policy.
Investment Committee Members
Mr. Rashid Mansur - Chief Executive Officer - Ms. Maleeha Mimi Bangash - Chief
Strategy Officer - Mr. Assad Hameed Khan - Country Head Business Development- Dr. Ali
Akhtar Ali– Chief Investment Officer - Mr. Salman Siddqiui - Fund Manager -Ms. Nazia Enam
Siddiqui - Fund Manager - Mr. Arsalan Asif H. Soomro - Fund Manager - Mr. Khawar Iqbal -
CFO & CompanySecretary- Mr. Zohaib Pervez CFA.
Key Management
Basir Shamsie (Banking Group Head Treasury & Investment) Karim Sultanali
(Group head corporate &fi banking) M. Khalil ur Rahman (Chief operating
officer) Kamran jafar (Group head retail banking) Muhammad
Yousuf Amanullah (Chief Financial Officer & Company Secretary) Mamoon Hameed

11
Farooqui (Group Head Credit & Risk Management) MuhammadIqbal Saifi (Group
Head Internal Audit & Inspection) Imran Soomro (Head Information Technology) Raja
AbdullahKhan (Head HumanResources) Hyder Ali Talpur (Acting Head Compliance)

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CHAPTER NO. 2
GENERAL BANKING DEPARTMENT
This department consists of the following sections.
Types of Accounts
Account opening section.
Deposit section.
Clearing section.
Remittance section.
Accounts section.
TYPES OF ACCOUNTS
ACCOUNTS OF GENERAL CUSTOMERS
 Minor account
 Illiterate person account
 Joint account
ACCOUNT OF SPECIAL PERSONS
 Proprietor ship account
 Partnership account
 Limited company‘s account
 Accounts of club societies and associations
 Agent‘s accounts
 Trust account
 Liquidator‘s account executer‘s and administrator‘s account
ROUTINE DOCUMENTS
 Appropriate account opening form
 Appendix ―A‖ (only for landlord)
 Three photo for Illiterate person account
 Call report Cheque book requisition slip
 Letter of indemnity from the customer if he/she signs in language other

13
than English andinfirm/shaky handwriting.
 Third party mandate if the account holder has authorized any other person
to operate the account through its Corporate Banking Division, JS Bank delivers
the right financial solutions and corporate credit facilities tailored to meet the needs
of every type of business and industry. Areas of expertise include Treasury, Asset
Management, Corporate Finance, Brokerage services as well as Islamic Banking
for shariah-compliant banking services [7]. If there's a wayto satisfy our customers,
we'll find it. If there's not, we'll do our best to invent one. As a traditional activity, JS
Bank provides term loans to meet capital expenditure for acquisition of Fixed
Assets/expansion of existing activity/swapping existing high cost debt JS Bank
offers corporations Working Capital Finance to meet their operating
expenses, purchasing inventory, receivables financing, either by direct funding or
by issuing letter of credit. JS Bank provides bridge finance to its corporate clients
against expected equity flows/issues. Bank can also extend bridge loans against
the expected proceeds of External Commercial Borrowings, Global Depository
Receipts and/or funds in the nature of Foreign Direct Investments, provided the
borrowing company has already made firm arrangements for raising the aforesaid
resources/funds. This facility would be available for a period not exceeding 12
months. In view of the performance of the stock markets of the countries and the
demand of financing from the brokers, JS Bank offers short term facilities to brokers
and individuals against shares, subject to minimum margin stipulation from time to
time. In many cases, for the large corporation, loan syndication is required because
of the sheer size of the financing package: major capital expenditure, projects, joint
venture or acquisitions requiring the need for significant capital. Because of JS
Bank‘s relationship with major banks, we can arrange and place a syndicate loan.
This provides your company the convenience of working with one financial
institution during the life of the loan JS Bank offers comprehensive range of Trade
services. As a valued client of JS Bank, youwill be partnering with a trusted banking
institution that is highly respected in the world of international finance and cross
border transactions [8]. We offer a wide range of export and import services
designed to assist you in building on your strengths, so that your company can
seize new business opportunities around the world. Through our expertise and
experience, we can structure and customize solutions suited to your specific

14
business We provide pre-shipment finance in the form of SBP export refinance
scheme (ERF)and from own sources to assist your cash flows when you are
manufacturing or packing your goods for export from Pakistan [9]. We provide ERF
both in rupees as well as in foreign.
Requirements for all ACCOUNT
 Know your customers
 Customer name
 Address
 Contact Numbers
 Source of income
 Call report
 CNIC copy
 Specimen Signature Card
 Under taker form
ACCOUNT OPENING SECTION
HOW TO OPEN AN ACCOUNT
There are certain formalities which are to be observed for opening of a current or
saving account with a Bank. These formalities in brief are as under.
 FORMAL APPLICATION
The customer is to fill "Account Opening Form. It is a formal request by a customer
to the bank to allow him to have and operate the current or saving account.
 SPECIMEN SIGNATURE
When the Banker is satisfied about the integrity of the customer, he agrees to open
the account. The Banker obtains the specimen signatures of the customer on the
signature book or on card.
 MINIMUM INITIAL DEPOSIT
In Pakistan the current account can be opened with a minimum of Rs. 1000/- and
PLS Saving Account with a minimum of Rs 5000/- These amounts are also the
minimum balances to be maintained by the account holders with the Bank.

15
 OPERATING THE ACCOUNT
When an account is opened in a Bank, the Banker gives to the customer.
i. Pay in slip book.
ii. Cheque Book and pass book with a view to operate it.
 PRECAUTIONS IN PREPARING THE PASS BOOK
The Banker should be careful in preparing the pass book
However, the customer himself should.
1. Send the pass book for making entries and also periodically checkup them.
ii. He should also see that the entries are initialed by the accountant.
iii. The customer should verify the entries with own books of account.
iv. In order to safe guard the secrecy of the account; the customer should receive
the pass book in closed cover.
Note: This Practice in the past.
Now-a-Days these information can be obtained by periodic or a request or account.
 WITH-DRAWL
Withdrawal is made on cheques supplied by the Bank. A new cheque book is
issued only on receipts of the requisition slip attached to the cheque book issued
previously.
 INTEREST
The current rate of interest allowed on deposit in saving Bank account is as
certained at the Bank. This rate is subject to change. The amount of interest is
calculated for each calendar month on the lowest balance at credit of an account
between the close of the 1st day of a month and the end of the month and only on
every complete sum of ten rupees. Every account is made up half yearly to 30th
June 31st December, and the interest calculated as above is added to the balance
of each account as on these dates.

16
 TRANSFER OF AN ACCOUNT
Account can be transferred to any other branches of JS. free of charge. If a
depositor wants to transfer his account, he presents his pass book personally or
sends it to Bank and writes an application for the transfer of an account.
 CLOSING OF AN ACCOUNT
It is done simply on letter or request for closing the account, unused cheque leaves
on hand are also surrendered at the same time.
 SECRECY
The secrecy of depositor’s account is the. Responsibility of every official engaged
in the Bank service.
TYPES OF BANK ACCOUNT
 SAVING ACCOUNT
Saving Account is that account in which customer puts his surplus money which
he saves from his daily expenditure. The account can be operated by depositing a
minimum cash of Rs. 5000/-. Small percentage of interest is allowed on the balance
of this account.
 CURRENT ACCOUNT
The current account is that one which the customer draws his daily cheques and
is normally operated by the Business-men. It can be operated by minimum amount
of Rs. 1000/- Any number of cheque can be issued by the account holder for
withdrawal or for payment. No interest is allowed on this account.
 JOINT ACCOUNT
A joint account occurs when two or more than two customers have one account.
The parties to a joint account are considered in law as they are one person.
 PROFIT AND LOSS SHARING ACCOUNT
This can be operated by a person, firm or organization by depositing Rs. 1000/- or
above. The holder of this account will get profit of his amount, or he will bear the

17
loss as the case may be. So an individual is equally participant in profit and loss.
The holder of account can withdraw up to Rs.15,000/- per month, in case of higher
withdrawal, seven day prior notice is necessary, but in practice have not seen it.
This account is operated under interest free system.
 FIXED DEPOSIT ACCOUNT
In this account an amount is deposited into the Bank for a fixed period of time. The
fixed period may be three months, six months, one year, two years, five years and
more. The Bank allows a higher rate of interest for larger period.
At the time of operating on account the Bank issues deposit certificates for the
period and amount. The account holder can withdraw his amount before the
specified period, but refunding the excess profit paid at higher rate and the same
Bank will allow loan against that certificate. Bank is liable to give interest on this
account on maturity date is monthly or quarterly or six month.
DEPOSITS SECTION
There are two types of deposits i.e. current and saving. There are different forms
present in the section of or deposits.
i. Current account form.
ii Saving account form.
iii Private or individual form
iv Private firm account form
In the above mentioned forms, the bank makes an agreement with his customers.
CLEARING SECTION
Every Bank performs the paying and receiving functions. Cheques are collected
which are drawn up to Banks for customers. Similarly the cheques drawn on
different Banks and deposited by Banks own customers for collection within the
city is know as clearing The functions of receiving and paying is mostly done
through the clearing house. A clearing house can be defined as "AA place where
that representatives of all Bank get together to settle the receipts and payment of

18
cheques drawn on each other" Clearing House provides the facility which can
hardly be dispensed with especially, in case of crossed cheques.
There are two main types of clearing.
i Outward clearing
ii Inward clearing.
OUTWARD CLEARING
It includes those cheques and other instruments which are sent by the Bank to the
Banks for payment on behalf of its own clients. Cheques are sent to clearing house
thorough local main branch. A delivery message from the local main branch comes
to every branch at a fixed time to pick its outward clearing or outward returns as
the case maybe.
Outward Clearing at Branch
a. Account number of payee/endorsee is written on the back side of the
cheques.
b. The instrument and the paying in slips are separated.
c. The instruments are sorted I Bank-wise and branch wise.
d. Schedules are prepared.
e. Jotting of all the schedules are taken in the clearing House statement.
Amount of the cheques in written in the "Delivered" and to pay column.
f. After balancing the outward clearing, the pay in slips are released to
C.D department.
g. After balancing, a transfer debit voucher is prepared.
h. The instrument, schedules are delivered to the messenger from the
main branch.
INWARD CLEARING
The cheques drawn are called inward clearing drawn on JS Bank through its
representatives. On the Bank presented by other Banks for payment it includes
those cheques and other instruments of Pakistan branches which other Banks
present at the clearing house.
Inward Clearing at the Drawn Branch

19
a. Numbers of instruments noted in the schedules are verified immediately on
receipt.
b. The amount's of all the instruments are jotted down and totaled. If should be
equal to
the amount mentioned in schedule from the local main branch.
c. The amounts are debarred to the relevant accounts if otherwise in order.
TYPES OF CHEQUES COLLECTED BY CLEARING SECTION
 TRANSFER CHEQUES
These are the cheques which are collected and paid by same branch of JS For
example Mr. Ali is a customer of JS of CITY branch and draws a cheque in favor
of Mr. Hussain who is also the customer of the same branch.
 TRANSFER DELIVERY CHEQUES
The cheques which are collected and paid by two different branches of a Bank
situated in the same city. For example a person draws a cheque on N.B.P. main
branch, D.I.Khan in favor of another person who maintains an account with N.B.P.
Rakh Mandra branch, D.I.Khan.
 CLEARING CHEQUES
When the payee/endorse and the drawer of cheque maintains account with
different Banks, the collection Bank in any one of the following methods:-
a. It can collect cash by sending its representative with the cheques to each of the
paying Banks. It is not so much appropriate.
b. The Bank maintains an account with the paying Bank.
c. The cheques can be exchanged by representative of the various Banks who
meet at a fixed time and at a fixed place. This is the most efficient method of
collection and paying cheques.

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 FUNCTIONS OF CLEARING SECTION IN A BRANCH
a. To accept transfer, transfer delivery and clearing cheques from the customer of
the branch and to arrange for their collection.
b. To arrange payment of cheques drawn on the branch and gives for collection to
any other branch of JS or any other member or such member of local clearing
house.
c. To collect amounts of cheques drawn on members of the local clearing house
sent for collection by N.B.P. branches not represented at the local clearing house.
 PROCEDURE FOR CLEARANCE OF CHEQUE
The customers are provided with the copes of pay In-slip, whenever the customer
wants to deposit any cheque, he fills in the pay in slip himself and hands it over the
counter along with the instrument.
REMITTANCE SECTION
Remittance means transfer of money from one place to another place. It is of two
kinds.
I: Inland remittance.
II: Home remittance.
INLAND REMITTANCE
An inland remittance means a transfer of money payable at a certain place within
the country. Inland remittances can be classified as under:-
I: Within locality.
II: Outside locality.
WITHIN LOCALITY
When a branch situated in D.I.Khan is required to send drafts to any other branch
situated in the same city the process is know as within locality. For example JS.
Main Branch, Sadiqabad sends any draft to JS. Railway road branch, Sadiqabad.

21
OUTSIDE LOCALITY
Outside locality is an important type of inland remittances, which means the
transfer of money payable outside the city. For example, JS. Main Branch
R.Y.Khan sends any draft to a Branch situated at LAHORE.
It is commonly done through the following means:-
Demand Draft (D. D)
DEMAND DRAFT (D.D)
Demand draft is a written order by a branch of a specified Bank, drawn on another
branch of the same Bank to pay a certain sum of money only to or to the order of
the Payee. Demand drafts are purchased by the clients and after receipt of money
Bank issues and delivers the D.D. to the purchaser, who himself sends it to the
payee. In D.D. the Banks do not recover postal charges as it is payable by the
purchaser. The Bank, after deliver of D.D. to the purchaser also sends its own
advice called IBCO (Inter Branch Credit Order) to the drawee branch mentioning
therein all details of issued draft. Now banker cheque payable any where in
Pakistan.
ACCOUNT SECTION
Every Business organization deals in money matters. Bank also deals in money
and more over since the money belong to the depositors therefore, it is of utmost
importance to keep systematic and correct record. Further-more, the Banks are
commercial institutions and its main objective is to earn profit, therefore, then
record of all incomes and expenditures are kept correct and systematically.
In JS Bank the responsibility for maintaining necessary accounting data and to
keep up to date records In a systematic manner has been assigned to the Accounts
Department. The Branches of Bank perform their daily routine work and deal in
money that belongs to depositors. Here account department hold great importance
in banking, because it keeps all the accounting records properly.
 ACCOUNTS TERMS
The account department maintains all the accounting records properly there are
certain accounting terms which are defined into the following.

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 ACCOUNT
A summary of all debit and credit transaction pertaining to a similar nature or to an
individual or body of persons is called an account.
 VOUCHERS
Written evidence recorded on a peace of paper in respect of money transaction is
called voucher.
 GENERAL LEDGER
Main ledger is a book, where various accounts of different type are kept. Generally
this book is in bended form containing several sheets for several accounts.
 SUBSIDIARY LEDGER
Where a main head has got different sub-head of it: subsidiary leader are
maintained. These subsidiary ledgers are maintained from the main ledger.
 BOOKS AND STATIONERY
The account department uses the following books and stationery
 Cash book cum-general ledger
 Register of vouchers
 Transfer book
 Receiving cashier book
 Paying cashier book
 Supplementary sheets
 Different vouchers
 FUNCTIONS OF THE ACCOUNT SECTION
During the course of daily business of the branch, a number of cheques are
presented by customer for cash payment, though transfer, delivery and clearing
cheques at the counter. Also a number of new accounts are opened and cash is
deposited by the customers. A number of new vouchers are passed by the branch
by debiting, one account and crediting another account.

23
So in order to ensure that during the day all the transactions have properly been
recorded and they are complete in all respects and are recorded in proper books
by the branch this recording is done on daily basis and maintained by account
section.
The main functions of the account section of a branch are as follows.
 BALANCING AND MAINTAINING OF BOOKS
Balancing the cash book means that all the transactions have properly been
recorded and there is no mistake in any of these vouchers.
1. Arrangement of voucher.
2. Preparation of JRC.
3. Preparation of summary.
4. Agreement of total of the summary, with the total of transfer book
branch JRC.
 PREPARATION OF STATEMENTS
To Judge the performance of branches, the Head Office requires periodic
statements from them. Through these statements the top management watches
the progress of the branches and they provide them necessary guidance.

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CHAPTER NO. 3
FUNCTIONS OF JS BANK LIMITED
To fulfill the basic objective that is of socio-economic nature JS Bank perform
following important functions.
a) Commercial Banking
b) Corporate Banking
c) Investment Banking
d) Retail Banking
COMMERCIAL BANKING
Enterprises operating in the middle market contribute significantly to the economy
of a country. Traditionally, this sector was the stronghold of JS Bank’s business.
During the early, with the liberalization of the financial sector in Pakistan,
competition in the industry stiffened due to the emergence of new banks in the
private sector. The senior management at most of these banks comprised
personnel from HBL.
JS Bank is a majority-owned subsidiary of Jahangir Siddiqui & Co. Ltd [10]. It is a
commercial bank and also has a Primary Dealer license for government
securities from the State Bank of Pakistan. JS Bank Limited has been formed after
the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and
commercial banking operations of American Pakistan. Exceptional banking service
should not be shackled to any location. Experience the same great service at our
ever growing network of branches in all provinces of Pakistan and Azad Jammu &
Kashmir. With a 100% online banking network, you get the same level of
exceptional service along the well beaten track or the path less tread, all across
the country.
CORPORATE BANKING
Corporate Banking Group serves large institutional and corporate customers in
Pakistan through 10 dedicated corporate banking centers in all major cities. The
CIBG portfolio consists of most of the largest names in the market and represents
all major industry groups, including textiles, large scale manufacturing,

25
telecommunications, petrochemicals, fertilizer, airlines, transportation and
services. It offers its clients a comprehensive range of banking services via a one-
window interface through designated relationship manager. Corporate Banking is
recognized as a market leader due to its unique ability to meet the entire spectrum
of a customer’s banking requirements. JS Bank large equity base allows to meet
the financing needs of the largest corporate and it’s large network and specialized
teams are able to deliver and provide customized solutions. The Group has
increasingly focused on providing value addition services to the customers, e.g.
payroll and cash management services. The Bank has become a leader in cash
management services by leveraging its large domestic branch network and now
provides such services to a range of large and medium sized corporations,
including the Pakistani units of some Fortune many companies.
The Group also strives to stay ahead of the market by anticipating customer
requirements. We strongly believe in relationship banking, which is essential for us
to remain responsive to our customers. We also remain focused on improving
productivity and ensuring the quality of our risk management.
INVESTMENT BANKING
An Investment Banking Unit has been established which focuses on loan
syndications, development of local currency corporate bonds (TFCs) and advisory
services.
RETAIL BANKING
The Retail Banking network, with many branches, is the core strength of JS Bank. Its
extensive reach in all geographic locations – urban and rural – throughout the country
provides access to over 2 Million customers across all sectors of the economy. The
network provides JS Bank with the largest diversified low cost deposit in Pakistan, and
forms the basis for many of its other business lines: corporate and investment banking and
treasury activities.
Retail Banking Group (RBG) has two principal areas of activity;
 The retail network for deposit mobilization
 The consumer-banking group.
As Pakistan‘s macroeconomic performance continues to Improve, Pakistan
industry has gonethrough steady expansion in its capital investment base and

26
production capacity in the last five Years. Given Pakistan‘s comparatively small
industrial base, the Investments across manyindustrial sectors is significant. There
are several industrial sectors which we believe offer particularly attractive
investment opportunities. Pakistan‘s companies are becoming increasingly Global
in outlook. Through exploiting Pakistan‘s comparative cost advantages in certain
sectors, These businesses are able to drive significant and sustainable growth.In
some areas of the economy, Pakistan has a high standard of infrastructure for an
emerging market economy. However, there are a number of infra-structure
bottlenecks which providence siting development opportunities as Pakistan‘s
economic performance continues to accelerate JS Bank is part of JS Group, one
of the largest and most high profile business and financialservices groups of
Pakistan with interests in a diverse range of areas like financial services, insurance,
banking, transportation, information technology, energy, agriculture and media.
PRODUCTS OF JS BANK
Products
Banc assurance
JS Bank‘s banc assurance products provide you great value on your savings, not
only in form of higher returns but also an inbuilt insurance coverage to protect
costumer family from anyunforeseen events in life. They offer you unit-linked
investment and life assurance products in partnership with EFU Life Assurance Ltd
[11]., the largest private sector life assurance company in Pakistan. The products
combine the benefits of investment plans with life assurance, enablingyou to grow
and protect your wealth at the same time.JS Bank currently offers the following
banc assurance products.
Pehla Qadam
Roshan Kal
Pehla Qadam

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 ChildEducation Plan
The only thing constant in life is change. Planning for changes requires careful
allocation of funds for an unpredictable tomorrow, in case life catches you by
surprise.JS Bank brings to you Pehla Qadam - Child Education Plan, exclusively
designed to help shape your child‘s future. The plan, underwritten by EFU Life
Assurance Ltd., is a complete financial planning package designed for you to save
for your children‘s future educational needs. The plan provides high valued savings
coupled with a guaranteed level of life protection. Pehla Qadam isflexible enough
to be customized according to your specific need.
 FEATURES OFPEHLAQADAM
Savings and investments at the same timeEvery contribution in Pehla Qadam is
invested in an internal investment fund of EFU Life called The ―EFU Managed
Growth Fund‖. The fund is managed by investment experts who adjust the mix of
the underlying investments in light of economic conditions and investment
opportunities.
 Guaranteed Protection
The plan provides a guarantee of a minimum amount which will be payable at
maturity of the policy. The guaranteed amount payable at maturity is equal to the
sum assured of the plan or the fund value at the time of maturity (whichever is
higher). These substantial funds can be utilized for the educational needs of the
nominated child.
 Access to savings at all times
The plan provides complete access to the accumulated fund value at all times.After
the contributions have been made for two full years, the fund can be withdrawn for
its fullor partial value. In case the customer opts for complete surrender, all units in
the fund will be en-cashed at the current bid price and the plan will be cancelled.
 Minimum Premium
The minimum annual premium required for Pehla Qadam is Rs. 24,000.

28
 Applicable Ages and Terms
Pehla Qadam is available to individuals of 18 years to 60 years of age. The
applicable savingsterms are from 10–25 years.
 Additional benefits
For increased security you can customize your policy with the following additional
benefits to better suit your needs. Continuation Benefit Income Benefit Waiver of
Premium
 Unit Allocation
Following table depicts the percentage of premium that gets allocated for
investment in EFUManaged Growth Fund each year policy Year Allocation
Percentage Year 1 25% - 35%*Year 2 80%Year 3 90%Year 4 to 10 100%Year 11
onwards 105 %** Depending on policy term
Note: A personalized illustration will be provided for facilitating a decision.
Roshan Kal
 Investment Plan
Life brings with it many challenges. Ensuring that you are always successful in
overcomingthese challenges requires careful planning and allocation of resources.
One way you can do that is by strengthening your finances. Whether, you‘re at the
start of a career, planning for child‘s education or wedding, or simply planning for
your own retirement, it is absolutely vital to secureyour future by anchoring your
financial foundations. That‘s why They bring to you Roshan Kal –Investment Plan,
a flexible and high value savingand investment product underwritten by EFU Life
Assurance Ltd. Roshan Kal is aimed at strengthening your financial foundations
and ensuring that your dreams become a reality…throughout life.
 FEATURES OFROSHANKAL
Every contribution in Roshan Kal is utilized to purchase units of the ―EFU
Managed GrowthFund‖. This is unit linked investment fund with a balanced
investment strategy.

29
The objective of the fund is to maximize capital growth by investing in a balanced
portfolios read across a wide range of shares, government and other fixed interest
securities and cash. The fund is managed by investment experts who adjust the
mix of the underlying investments in light of economic conditions and investment
opportunities.
JS Bank Visa Debit Card
The JS Bank Visa Debit Card gives you the freedom to make all types of purchases
with complete ease and security. So be it travel, shopping, dining or simply
stopping for fuel, with the JS Bank Visa Debit Card, you are assured of a shopping
experience that is:
 Convenient Shop at over merchants in Pakistan and over million Visa
merchants worldwide.
 Connected Get access to your cash 24/7 at ATMs nationwide and at
over 1.6 million ATMsworldwide.
 Controlled No interest payments with spending linked directly to your
account.
 Cash FreeIncreased security with no need to carry excess cash.
JS Auto Financing
An installment based loan which will be extended to individuals as well as
businesses for purchase of new/used/imported vehicles.
Product Benefits & Features
 Quickest & Hassle-free processing
 Personalize services
 Low down payment {as low as 10%}
 Flexible Tenure 1 - 5 years

30
 First Year Insurance Financing/ up front
 Early Settlement option {Nominal Charges apply}
 Co-Borrower Facility
 No -hidden Charges
 Step-up & Step-down facility
 Free Tracker Device–No monitoring charges
 Replacement of Financed Vehicle
 Financing 150,000 to 3,500,000
 No down payment & processing fee before approval
 Cash your car at 75% finance
 Balloon Payment facilityWe believe in sharing the joy of our customers
by giving them benefits, which are aimed at making customer's car
buying experience an exciting event.
Eligibility
 Pakistani National
 Salaried OR Self-employed
 Minimum 20 & Maximum 65 Years Old (for business/self-employed
individuals)
 Minimum 21 & Maximum 60 Years Old (for salaried persons)
 Minimum net salary 12,000
 1 month–1 year employment (conditions apply) or 1 year business
Power Speed Loan
Fastest approval in town, within 120 mints (conditions apply).
Payments1. No Down Payment Before Approval
JS Bank is the quick and hassle free route to the car of your choice. Offering no
down payment and processing charges till your application is approved.
PAYS (Pay As You Desire)
JS Bank offers you flexible installment plans (Balloon Payments).

31
STEP–UP
You can plan your own repayment plan with installment increasing every year,
starting with low installments to suit your cash flows.
STEP–DOWN
Step down allows you to pay higher at the beginning with your installment reducing
in subsequent years. Payment during the duration of the loan remains affordable.
ProcessingCharges
A processing charge of Rs.4000/- will apply after approval.
Repayment Options
JS Bank offers you more than one repayment options.
 PDCs: You can repay your loan via PDCs (Post Dated Cheques).
 AADI: ―Auto Account Debit Instruction―where you can repay your loan
in a personal account opened for your Auto Loan Facility.
EarlySettlementOption
We offer you an early settlement option with a nominal 5% charge of the
remaining principle.
Insurance &Tracker
JS offers you the following insurance options
 Comprehensive insurance
 Insurance financing for the first year/ up front insurance
Enjoy security and complete peace-of-mind as JS auto loan becomes the product
whichoffers you a free Tracker device installed in your car
Guaranteed Loyalty Bonus
The longer the plan is continued the higher the rewards.
Funds Acceleration Premium (FAP)
Roshan Kal is a regular contribution plan but also gives you the flexibility to top-up
the savings by depositing surplus funds as lump sum contribution to the plan.

32
These lump sum contributions called ―Fund Acceleration Premium‖ (FAP)
payments can be made at any policy anniversary. The FAP payments will increase
the cash value of the plan, but will not affect the sum assured.
Investment with a Safety Net
The moment you start saving with Roshan Kal you will enjoy a guaranteed level of
life assurance protection. This cover means that in case of death the dependents
will receive the sum assured or the cash value of the plan at the time of death
(whichever is higher) and any cash values of FAP payments Depending on the
current stage of one‘s life and the need for life assurance protection, the plan offers
the facility of selecting a low or high level of sum assured at the inception with the
flexibility to alter this level as one‘s circumstances change.
Access to savings at all times
The plan provides complete access to the accumulated fund value at all times.After
the contributions have been made for two full years, the fund can be withdrawn for
its full or partial value. In case the customer opts for complete surrender, all units
in the fund will be in-cashed at the current bid price and the plan will be cancelled.
Additional benefits
You can also avail other options apart from the benefits offered under the basic
plan to enhancethe overall advantage you get from the product. These additional
benefits are:
 Inflation Protection
 Additional Term Assurance
 Accidental Death and Disability Benefit
 Family Income Benefit
 Life care Benefit
 Waiver of Premium
Unit Allocation
Following table depicts the percentage of premium that gets allocated for
investment in EFUManaged Growth Fund each year. Policy Year Allocation

33
Percentage1 Year 35%2 Year 80%3 Year 90%4 to 10 Year 100%Year 11 onwards
130% Note: A personalized illustration will be provided for facilitating a decision.
Export Services
 Export Financing
They provide pre-shipment finance in the form of SBP export refinance scheme
(ERF) and fromown sources to assist your cash flows when you are manufacturing
or packing your goods for export from Pakistan. They provide ERF both in rupees
as well as in foreign currencies. At JS Bank, your export finance requirements are
carefully taken care of around your actual trading cycle allowing you to enjoy
competitive interest rates and timely credit. Our relationship managers will be
happy to provide more information to you.
 Export Bill Collection Services
Concentrating your Documentary Collection activities with JS Bank, you can
eliminate many of your exporting hassles. Not only will your international banking
become much moreuniform, you can experience fewer delays in receiving
payment, effortlessly access collection information details, gain increased control
over export receivables and efficient cash flow management. To help speed up
your cash flows, JS Bank can purchase/discount your export receivables tied to
your export bill collections subject to availability of credit limits.
 Export Bill Purchase & Discounting
When your exports are not covered under Letter of credit. Against sanctioned credit
limits, They can pay you the discounted value of your invoice, immediately on
shipment. The proceeds will be credited to your account if the export documents
are presented before cut off time at your JS Bank.
 Bank Guarantees
They issue Bank Guarantees on behalf of our exporters for approved purposes
subject toavailability of credit limits or against 100% cash margin.

34
 Export LC Advising, Confirmation & Negotiation
With a correspondent banking relationship across the world, you can always insist
that your Letter of credit be advised through JS Bank. Please be assured that your
export LC will always reach you on time. This will help you in better logistics
management and enhanced accuracy in the preparation of documents. With our
expertise, they can explain complex LC terms to you and your staff. This will help
you to prepare your documents easily and error free. When you are not comfortable
with the credit standing of an LC opening bank or if you are worried about the
political climate or credit risk of the buyer's country, They are there toassist you
with our LC confirmation services. Once they add our confirmation to the LC, you
are assured of payment, subject to non-discrepant documents, irrespective of non-
payment by LC opening bank. With JS Bank's confirmation services, you can
eliminate the foreign bank and country risks from your export collections. They
negotiate your export bills drawn under Letter of credit, if the documents are found
to bestrictly in terms with LC conditions. All these facilities come to you at
competitive rates and world class service standards.
Import Services
 Import Letters of Credit
They issue Import Letters of Credit on your behalf that give you the advantage with
your suppliers. Our experts can advise you in drafting the LC terms and conditions
so as to protect your interests.
 Arranging for Buyer’s & Supplier’s Credit
To take care of your working capital requirements, JS Bank offers foreign currency
loans (FE25) and Rupee loans to finance your imports.
 Bank Guarantees
They issue Bank Guarantees on behalf of Importers for all approved purposes,
subject toavailability of credit limits or against 100% cash margin.

35
 Investment Banking
JS Bank‘s investment banking group has been the pioneer of numerous landmark
transactions brought to the domestic capital markets. The group‘s legacy dates
back to the 90‘s through a closely held partnership with the then eminent Bear
Stearns. More recently, the investment banking group has been an advisor
andarranger to
 Pakistan‘s first ever local currency Islamic Souk
 First ever subordinated TFC issue in Pakistan
 First 10 year corporate bond• First TFC issue with a conversion option
 First perpetual bond
 First commercial paper
 First floating rate TFC issue with a precedence of both volume and
innovation in transactions, for some of the largestcorporations in the country, the
group continues to offer market-leading investment banking and ancillary services
as an integral part of JS Bank. They have an impeccable track record
of successfully executing a wide array of large capital transactions, often under
challenging economic and time considerations.
 Products and Services
Under the investment banking umbrella, our range of activities include corporate
debt originationand syndication, underwriting, coordinating as bankers to the issue,
and facilitating trusteeship and agency services.
 Corporate Finance Advisory
The Investment Banking Group provides a comprehensive range of Corporate
Finance Advisoryservices in the Debt Capital Markets, including Mergers and
Acquisitions and Project Finance Advisory. They provide independent capital
markets recommendations and financial valuation and due diligence advice, or as
an integral part of managing a comprehensive Advisory and Arrangement
transaction.
 Arrangement and Placement of Securities
The Investment Banking Group‘s distribution team is one of the market‘s leading
corporate debt arrangers through a variety of structured and vanilla Term Finance

36
Certificates as well as Shariah-compliant product offerings. Our solutions-oriented
approach, excellent pricing, and unmatched distribution capabilities continue to
make us one of the leading TFC arrangers in the local market, both by volume and
value.
 Trust and Security Services
A dedicated team manages and monitors various aspects of trust and security
services, includingacting in the capacity of a trustee or/and an agent to various
corporate debt offerings and playing an active role in structuring and maintaining
special purpose account
 Underwriting
They have substantial underwriting appetite for handling large capital market
issues, both at Private Placement (―Pre-IPO‖) and Initial Public Offer (―IPO‖)
stages. Till date, they haveunderwritten majority of the issues brought to the local
markets of Pakistan.
 Bankers to the issue
They act as Bankers to the Issue for IPO transactions, in both equity as well as
debt capitalmarkets. Despite a limited, albeit a rapidly growing, network of
branches, this is a substantial business for JS Bank through a pro-active initiative
in actively market Public Offers.
 JS Bank Treasury
In an exceedingly volatile & dynamic economic environment, JS Bank‘s Treasury
has evolved as an active player in the Financial Market. The Bank's client-centric
treasury endeavors to partner its customers in ensuring they use the financial
market’s to optimize their risk profile and enhance value to their stakeholders. The
Treasury seeks to do this by becoming the risk solutions provider of choice, offering
quality treasury products, and being the leader in product innovation.
JS Bank Ltd is a ―One Stop Solution‖ to all your financial needs, whether it
pertains to Foreign Exchange, Fixed Income (GOP, Corporate Debt), Mutual Funds
& Money Market (Deposit or Loan) transactions.

37
 Foreign Exchange
JS Bank Ltd is an active player in the interbank market and provides competitive
prices in allmajor currencies. It is an institution of choice amongst importers and
exporters, by providing superior treasury products to its clients and assisting them
in covering their currency exposures& risks. Our dynamic corporate and
institutional sales and trading teams provide up-to-date market intelligence, advice
and timely execution of deals to our customers throughout the trading day. Whether
the transaction is Local Currency (USD/PKR) based or Global Currency FX Spot–
They provide best in class pricing for all trade (import & export), remittances
&travelers cheque transactions, whether it is USD/PKR or other Global currencies.
FX Forward–Being an active player in the market, the customer can hedge all their
FX exposures at aggressive pricing in domestic & international currencies.
 Fixed Income - Corporate Debt Market
JS Bank‘s Treasury provides access to best deals coming to market, given the fact
that JSBank‘s Investment Banking team is a leader in the corporate debt
origination.JS Bank maintains an active trading desk in the secondary corporate
debt market thus is able to provide competitive bid / offer quotes in all liquid
corporate debt.
 Primary Dealership
JS Bank is a State Bank nominated Primary Dealer (PD) and has played an active
role in thedevelopment of the Primary & the Secondary GOP Debt Market. Under
the Primary Dealer ship System, only PDs can participate in the primary auctions
of Treasury Bills (T-Bills) & Pakistan Investment Bonds (PIBs) conducted by State
Bank of Pakistan. Being a PD, JS Bank Ltd is playing an instrumental role in
developing the GOP debt market. Our dynamic trading team is a market maker and
provides competitive pricing in the Secondary Market, which includes trading with
other PDs, Non-PD Banks & NBFIs. They provide Interest rate views and analysis
to our entire client base on a regular basis to enable them make informed &
calculated investment decisions. To facilitate small investors in entering the GOP
debt market, they assist them in participating through the Non-Competitive Bidding
process through JS Bank Ltd in the PIB auctions with our vast fixed income client

38
base and our aggressive sales team, they are one of the leading institutions in GOP
debt distribution.
Services of Retail Banking
Retail Banking at JS Bank offers a variety of products and services for both
depositors and borrowers at competitive rates. Please call or visit our Retail
Banking team to discuss your financial needs. You may take a snapshot of the
Products & Services in the menu on the left hand side of the screen. To get further
details, please click on to the specific Product or Service.
Services
Foreign Currency Account
Current & Savings accounts in USD, Pound Stg, and Euro are available.
Loans &Running Finance
They offer Running finance & Loan facilities against Deposits and Govt. of Pakistan
securitiesto be used as collateral. A dedicated Relationship officer will look after all
your credit needs.
 Quick processing
 Competitive rates
Western UnionHome Remittance
It‘s the most fast and reliable way for receiving money transfer from across 190
countries &territories worldwide.
 No bank account needed.
 Regular money transfers are usually available within minutes for pick up
by the recipient
 Receive inward remittance from anywhere in the world.
Sale & Encashment of Govt. Of Pakistan Securities
They are authorized agents to sell and en cash Govt. of Pakistan securities
(Defence savingcertificates & Special savings certificates.) Our account holders
can avail this facility from our any of the branches.

39
Countrywide Account Operation
You can operate your account from any of the branches of JS Bank Limited. They
haveaggressive plans to expand our branch network giving our customers a wider
branch network.(subject to approval from Regulatory authorities.)
 Deposit & withdraw cash
 Issuance of Pay orders & Demand draft.
 Statement of account printout
Tele-banking
Accessible via pin code a 24/7 phone banking facility for balance inquiry from
anywhere inPakistan or overseas.
 Obtain balances and details of the last five transactions.
Offers account statements via fax.
SWIFT transfer
State of the art foreign currency account funds transfer system. From Pakistan to
overseas andvice versa. Local regulations apply.
 State of the art SWIFT mode of payment, ensuring funds transfer in
shortest time.
 Secure and efficient delivery system for inward and outward payments
Utility Bills payment
Public can conveniently deposit Electricity, Sui gas & PTCL bills at any of our
bank's branches.
 Hassle free
 Comfortable environment
 No need to maintain bank account

40
CHAPTER NO. 4
LOANS AND ADVANCES
Loans
Term Loans
As a traditional activity, JS Bank provides term loans to meet capital expenditure
for acquisitionof Fixed Assets/expansion of existing activity/swapping existing high
cost debt.
Working Capital Loans
JS Bank offers corporations Working Capital Finance to meet their operating
expenses, purchasing inventory, receivables financing, either by direct funding or
by issuing letter of credit.
Bridge Loans
JS Bank provides bridge finance to its corporate clients against expected equity
flows/issues.Bank can also extend bridge loans against the expected proceeds of
External Commercial Borrowings, Global Depository Receipts and/or funds in the
nature of Foreign Direct Investments [12], provided the borrowing company has
already made firm arrangements for raising the aforesaid resources/funds. This
facility would be available for a period not exceeding 12months.
Advances against Shares
In view of the performance of the stock markets of the countries and the demand
of financingfrom the brokers, JS Bank offers short term facilities to brokers and
individuals against shares, subject to minimum margin stipulation from time to time.
Debt Syndications
In many cases, for the large corporation, loan syndication is required because of
the sheer size of the financing package: major capital expenditure, projects, joint
venture or acquisitions requiring the need for significant capital. Because of JS
Bank‘s relationship with major banks, They can arrange and place a syndicate loan.

41
This provides your company theconvenience of working with one financial
institution during the life of the loan.
Trade Finance
JS Bank offers comprehensive range of Trade services. As a valued client of JS
Bank, you will be partnering with a trusted banking institution that is highly
respected in the world of international finance and cross border transactions. They
offer a wide range of export and import services designed to assist you in building
on your strengths, so that your company can seize new business opportunities
around the world. Through our expertise and experience, they can structure and
customize solutions suited to your specific business requirements.

42
CHAPTER NO. 5
FUNCTIONING Of JS Bank Where I Did My Internship
JS bank is functioning under following set up
BANK DEPOSITS
Deposits are to the bank as a backbone is to the body of a man. They are the
lifeblood of the bank. JS BANK LIMITED and all other commercial banks perform
the function of deposit accepting from the general public by offering suitable rates
of interest on them, or on simply a promise to repay on demand.
OPENING OF ACCOUNT BY AN INDIVIDUAL
After entering into bank premises the person goes through the following steps for
opening an account in the bank and for becoming a bank customer.
AN INTRODUCTION
The first important step to take place in bank is to get satisfactory introduction of
the person, who wants to become bank’s customer by putting various questions.
In JS Bank (Sadiqabad Branch) the relation manager takes great care of this step
and gets introduced with the person himself. His main intention is to determine the
prospective customer’s integrity, respectability, occupation, and nature of business
he is doing at the time of opening an account.
ACCOUNT OPENING FORM & SPECIMEN SIGNATURE CARD
Now the person is provided with an application form known as Account Opening
Form.
This form contains:
i. Title of account
ii. Address
iii. I.D.Card number
iv. Telephone No. (Office and Residence)
v. Introductory reference (all above mentioned particulars of introducer)
vi. Signatures of the applicant
vii. Amount deposited

43
In addition to this the customer is required to attach a copy of National Identity Card
with the form
Specimen signature card
Specimen of signatures will be obtained from depositor at the time of opening his
account. A specially designed card is used for this purpose; the card must be
countersigned by an official of the bank not below the rank of an officer.
ACCOUNT OPENING REGISTER
Now the name of the customer will be recorded in account opening register, and
from here the account no. of the customer will be written on (top most corners)
account opening form and on specimen signature card.
ISSUANCE OF CHEQUE BOOK
The cheque book will ordinarily be issued to all customers desiring to have drawing
facility. Cheque book consists of 10, 25, 50, or 100 pages depending upon
customer requirement. Customer can withdraw money by signing a cheque and
writing the amount he wants to withdraw from his account.
A special cheque book register is kept to enter the name of the person having
cheque book.
RECORDING IN TO GENERAL LEDGER
The concerned officer records the name and amount deposited with the bank in to
general ledger. Separate ledgers are maintained for different types of accounts e.g.
a) Current Account Ledger
b) Saving Account Ledger
c) Fixed Deposit Account Ledger
d) Call Deposit Account Ledger
As and when customer deposits the money, amount is credited the general ledger
and the withdrawal is followed by a debit entry in the ledger.
Note: This Method is past. Now-a-Days all posting of voucher is due through
computer.

44
TYPES OF ACCOUNTS MAINTED BY JS BANK LIMITED
Kamiyab Business Account
Perfect for the businessman, the Kamiyab Business Account is specially tailored
to make your transactions smoother and speedier. This account allows you to get
the real deal for the success of your business by offering the following services
absolutely free of charge:
 Free Return Cheque (outward)
 Free Demand Draft and Pay Order IssuanceAdditionally, by maintaining an
average monthly balance of only PKR 50,000 in your Kamiyab Business Account,
you can get the following services along with the ones listed above absolute lyfree:
 Counter Cheques
 Collection Cheque (Local)
 Retained Mail
 Stop Payment
 Cheque book Issuance (25 leaves)
 Small Locker
 ATM Card Issuance
 ATM Card Annual Fee Waiver
 Telex / Postage
 Statement Issuance
 Balance Certificate
Rupee Plus Account
A high performance savings account, the Rupee Plus Account calculates your
profits on a daily basis to give you maximum returns with the greatest flexibility. By
opening your Rupee Plus Account with JS Bank, you can avail the following
services absolutely free of charge:
 Free Online Inter-city Funds Transfer
 Free Demand Draft and Pay Order IssuanceBy maintaining an average
monthly balance of PKR 250,000 in your Rupee Plus Account, youcan also get the
following additional services along with the ones listed above absolutely free:
 Counter Cheques

45
 Retained Mail
 Stop Payment
 Small Locker*
 ATM Card Issuance**
 Telex / Postage
Rupee Current Account
A non-profit bearing account, the Rupee Current Account is primarily geared
towardsindividuals and companies that have a large turnover of cheques. There is
no initial balance requirement to open this account.
 Free Demand Draft and Pay Order Issuance
 Counter Cheques
 Retained Mail
 Stop Payment
 Small Locker*
 Telex / Postage
PLS Rupee Saving Account
The JS Bank PLS Saving Account is a Profit and Loss Sharing account that
empowers you to getgood returns from your savings with security and

46
convenience. With this account you can avail the following services absolutely free
of charge:
 Free Demand Draft and Pay Order Issuance In addition to this, by
maintaining an average monthly balance of PKR 100,000 in your PLS Saving
Account, you can get the following services along with the ones listed above
absolute lyfree:
 Counter Cheques
 Retained Mail
 Small Locker*
 Telex / Postage
Rupee Basic Banking Account
Rupee account that can be opened with Rs 1,000/= as minimum balance
requirement. I deal for salaried persons and individuals with low transaction
turnover need.
 No transactional charges up to 2 deposit transactions & 2 checking
 withdrawals.
 No minimum balance requirements.
 No charges to maintain the account.
 Country wide banking facility.
Rupee Fixed Deposits
Avail Fixed deposits products with different tenors and competitive rates. You can
place your idle deposits available in Current, Savings, Kamiyab or Rupee Plus
account and reap the benefit of optimum return
 Various tenors

47
CHAPTER NO. 6
NEW KNOWLEDGE ACQUIRE
Truthfully speaking everything was new to me in JS Bank limited though I have a
good Bookish knowledge but truthfully speaking it was totally different from the
practical knowledge of the banking. But with the grace of ALLAH and able to learn
every section of the Bank.
As everybody knows that "Knowledge without practice is sterile "In order to give
vent to this idea an Internship program of six to eight weeks has been arranged in
different esteemed organizations during B.com(Hon’s). In this regard on 19th of
July 2016, I was asked by Mr. Iftikhar Waraich (Branch Manager in JS Bank
Sadiqabad) to come to their branch to start an internship of eight weeks there.
During this period I got a chance to work and learn in following departments of the
bank:
WHAT I LEARAND DURING INTERNSHIP
THE most important thing that I learn is that the difference between the behaviors
of officials. And also learn more clerical work of JS Bank as under.
ACCOUNT OPENING SECTION
I spent the 1st three days in account opening section. As the area where I did my
internship, the people are not well educated that is why whenever a person will
come for opening an account than the manager referred that man towards me.
Then I guide that man and the form of opening an account will be filled by me and
the entire legal requirement are completed by me. JS Bank use the type of form
five sign are required on form.
CLEARING SECTION
I also work in clearing section during my work I learned how to collect the
different cheques of different Banks. Then I learned how these cheques of
different Banks transfer to them. This activity done through NIFT. Mr.Ishtiyaq
sahib was the in charge of this section .He gave me a lot of attention.

48
And I also came to know about the different types of stamps and their use in
particular situation like DAK RECEIVED stamp and CLEARING stamp. After
attaching add list, clearing instruments are handed over to NIFT for further
processing. These clearing instruments are delivered to their respective banks for
clearance by NIFT. I also learnt in case of Banker’s Cheques how to verify
signature from the book in which all the signatures of authorized persons of JS
Bank are given with their specific code. And I also worked on OBC (Outward bank
collection) forwarding schedule [13]. I came to know the process of sending
cheques or other clearing instruments for clearance to zonal branch of another
region.
 Filling vouchers
 Assigning OBC numbers
 Making entries in OBC register
REMITANCES SECTION
I also worked in remittances section .in remittances section I learned how to
transform the money from one place to another place. In this section I learned,
1: DEMAND DRAFT.
2: ON LINE TRANSFOR.
On each transaction there is commission charged to the sender.
The commission of (D.D) from 1 to 1lack is Rs; 160.
The charges are on the (D.D) up to 1lack is calculated in percentage.
There is no commission of (O.T) within bank.
Duties and learning in credit department
After bill clearing department I started my work and learning in credit department
of the branch. Relation Manager (Credit Officer) told me about the terms and
conditions of the commercial loan, types of commercial loan like industrial loan and
loan for merchants, how to make proposal for commercial loan, document required
to make a proposal, mark-up of commercial loan (18.5 % annually). He also gave
me chance to view some old proposals and the proposal on which he was working.

49
 Home loan (personal loan)
 Auto finance
 Gold loan
In Sadiqabad region at this point of time from JS Bank home loan is not active while
auto finance and gold loan are active. I came to know about the terms and
conditions of gold loan an auto loan. I came to know about the different types of
document required to complete a case for sending it to regional head office for
approval. Document like branch check list, application form, Copy of CNIC of
customer and two references, CNIC verification report from NADRA, customer’s
account statement, finance agreement form etc.
I also came to know about different types of securities which a bank demands from
customer while issuing loan. E.g. Guarantees, Mortgage, and Pledge.
Cash department
The cash department in which I got a chance to work was collection of utility bills,
filling the cheques, deposit slips etc. During the work in cash department I came to
know about the different functions of cash department and how to perform them. I
came to know the process of receiving cheques by teller how to check cheques for
any error like, the cheques should be original condition.I also perform work with
teller of Counting, sorting, binding, collection and payment of cash at minor and
also filling the register of daily entries and filling the documents of routine work for
his record.
In that department I also gain the knowledge about vouching that were collect by
teller on daily basis and scanned them for audit purpose, also observe his friendly
behaviour by the customers.
Duties and learning in Accounts, ATM and Lockers department
Then I learned about ATM (automatic teller machine). I came to know about the
functions and working process of ATM machine. Loading cash and balancing at
the time of loading again. Next my main concern was to know about all the aspects
of ATM card. I came know about the types, process of issuing ATM card to
customers, filling forms, how to activate ATM card, charges of issuing and using
ATM card.

50
Then I spent my time in lockers department. I took all the information about the
terms and conditions of allotting and operating a locker, types of locker like small,
medium and large, charges of using lockers, key deposit (refundable), filling
application forms, insurance amount for specific size of locker and etc. I also came
to know about the process of operating locker by the customer, how to open the
locker with the help of two keys.
 1 key in the hand of bank officer (anticlockwise)
 2nd key in the hand of customer (clockwise)
Customer is allowed to operate the locker in full privacy. Only the customer himself
or other person authorized by him can operate the locker. After that bank officer
has to take the signature of the customers on attendance register maintained for
this purpose.
Then my duty was in Accounts department. I came to know the procedure for
filling the form to open an account, different types of stamps required and about
signature of the staff. Documents required to be attached with the form.
 Copy of CNIC
 Utility bill
 Provisional receipt
 KYC (Know Your Customer)
How this experience will impact my career
Working for 08 weeks in JS Bank Sadiqabad branch as an intern was very
informative experience for me. During the time I learnt many new things which are
surely going to help me in my professional career. It was a good experience for me
to observe and to be the part of practical working of an organization like JS
Banking. During the internship I got a chance to understand general consumer’s
behaviour and his needs and wants related to banking services and products.

51
CHAPTER NO. 7
RATIO’S ANALYSIS
Critical analysis of the theoretical
FINANCIAL ANALYSIS
Financial ratios analysis is useful indicators of a firm's performance and financial
situation.Financial ratios analysis can be used to analyse trends and to compare
the firm's financials to those of other firms. Ratio analysis is the calculation and
comparison of ratios which are derived from the information in a company's
financial statements. Financial ratios are usually expressedas a percent or as times
per period. Ratio analysis is a widely used tool of financial analysis. Ratio analysis
is study of the significance of financial ratios for a company. Ratio analysis is very
important in fundamental analysis, which investigates the financial health of
companies. An example of ratio analysis is the comparison of price-earnings ratios
of different companies. This helps analysts determine which companies' share
prices properly reflect their performances and therefore what investments are most
likely to be the most profitable. The term ratio refers to the numerical or quantitative
relationship between two variables. It ensures a fair return to its owners and
secures optimum utilization of firm‘s assets. Ratio analysis helps in inter-firm
comparison by providing necessary data.
Note: All amount in million (000)
 Return on Equity
 Return on Assets
 Loan to Assets Ratio
 Net Profit Ratio
 Loan to Deposit Ratio
 Current Ratio

52
Return on Equity Ratio
Table 1 Return on Equity Ratio
Table 1
Figure 1 Figure Return on Equity Ratio
Interpretation
The past two years data showing decrease in the return on equity which is a negative
sign. The Bank should have to improve its policies. By observing the audited account
I found that this decrement is due to decrease in the Net profit which is not a good sign.
2,458,634
2,465,324
19,762,394
19,008,145
12.44%
12.97%
2016 2015
Net Profit after tax Owner Equity Return on equity
Return on Equity Ratio 2016 2015
Net Profit after tax X 100
Owner Equity
Net Profit after tax
2,458,634 2,465,324
Owner Equity
19,762,394 19,008,145
Return on equity
12.44% 12.97%

53
Return on Assets
Table 2 Return on Assets
Table 2
Figure 2 Figure Return on Assets
Interpretation
Return on assets ratio shows and downsize trend. This ratio shows that the Net profit
is decreasing and Total Assets has improved in 2016 than 2015.
2,458,634
2,465,324
268,825,591
220,806,686
0.91%
1.12%
2016 2015
Net Profit after tax Total Assets Return on Assets
Return on Assets
2016 2015
Net Profit after tax X 100
Total Assets
Net Profit after tax
2,458,634 2,465,324
Total Assets
268,825,591 220,806,686
Return on Assets
0.91% 1.12%

54
Loan to Assets ratio
Table 3 Loan to Assets ratio
Table 3
Figure 3 Figure Loan to Assets ratio
Interpretation
Loan to Asset Ratio is showing increasing trend in 2016. This is because advances
are increasing more rapidly than assets of the bank.
93,812,506
76,678,864
268,825,591
220,806,686
34.90%
34.70%
2016 2015
Advances Assets Loan to Assets ratio
Loan to Assets
ratio
2016 2015
Loans/ Advances
Assets
Advances
93,812,506 76,678,864
Assets 268,825,591 220,806,686
Loan to Assets
ratio
34.9% 34.7%

55
Net Profit Ratio
Table 4 Net Profit Ratio
Table 4
Figure 4 Figure Net Profit Ratio
Interpretation
Net profit Ratio is giving down ward trend. This trend is observed due to decrease in
Net profit but on the other hand the expenses increases which shows a deficient.
2,458,634
2,465,324
11,477,928
9,362,667
21.42%
26.33%
2016 2015
Net profit Interest Income Net profit ratio
Net Profit Ratio 2016 2015
Net profit /
Interest Income X 100
Net profit 2,458,634 2,465,324
Interest Income 11,477,928 9,362,667
Net profit ratio
21.42% 26.33%

56
Loan to Deposit
Table 5 Loan to Deposit
Table 5
Figure 5 Figure Loan to Deposit
Interpretation
Loans to deposit ratio show a decreasing trend in 2016 as compare to 2015. This trend
is observed as the advances and deposits both are increasing but deposits are
increasing more rapidly than advances.
93,812,506
76,678,864
225,004,655
140,355,175
41.70%
54.60%
2016 2015
Advances/ Loans Deposits Loan to deposit ratio
Loan to Deposit
2016 2015
Loans/Deposits*100
Advances/ Loans 93,812,506 76,678,864
Deposits 225,004,655 140,355,175
Loan to deposit
ratio 41.7% 54.6%

57
Current Ratio
Table 6 Current Ratio
Table 6
Figure 6 Figure Current Ratio
Interpretation
Current Ratio show a increasing trend in 2016 as compare to 2015. This trend is
observed as the asset and liabilities both are increasing but liabilities are increasing
more rapidly than assets.
15,508,968
11,159,432
238,963,006
198,088,230
6.40%
5.60%
2016 2015
Current asset Current Liabilities Current Ratio
Current Ratio
2016 2015
Current asset/ Current
Liabilities*100
Current asset 15,508,968 11,159,432
Current Liabilities 238,963,006 198,088,230
Current Ratio
6.4% 5.6%

58
SWOT ANALYSIS
The acronym SWOT stands for a firm’s internal Strengths and Weaknesses and its
external Opportunities and Threats. The purpose of such analysis is to build on
company’s strengths in order to exploit opportunities and counter threats and to
correct company’s weaknesses. SWOT analysis is based on the assumption that
if managers carefully review such strengths, weaknesses, opportunities, and
threats, a useful strategy for ensuring organizational success will become evident.
Strengths and weaknesses typically relate to the internal environment of an
organization, whereas opportunities and threats are brought about by the external
environment of an organization. In the following section, both internal and external
analyses of JS BANK IMITED are outlined:
INTERNAL ANALYSIS
Internal analysis of a firm is the analysis of its strengths and weaknesses. Unless
a firm has internal strengths and controls its weaknesses, it cannot take advantage
of opportunities and escape threats which the external environment presents.
Following are the main strength and weaknesses of JS Bank.
Strengths
 IN JS Bank not cut amount on less the 10000 Rs
 The free waivers is give less amount as compared to the competitors
 The service charges low as compared to the competitors.
 The advance full online system
 The service process is easily as compared to the competitors
 Not amount is cut in the Trans out city transaction
 The employees ‘Salaries are very good so the employees are not
financially disturbed
 JS Bank has fully automated transaction-processing systems
 The provide good facilities customer as compared other bank
 The JS bank Environment is very friendly

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