Professional Documents
Culture Documents
Department
Of
Information
Technology
Mansehra Hazara University
NIB Bank
Introduction =
NiB Bank is one of the largest
foreign banks in Pakistan with an extensive Branch network
spread 52 cities acroos the Country. It is one of the largest
corporate entities of the Countrywith a paid up Capitalof PKR
103 Billion. The bank continues to serves its costmers to all
thier financial and banking needs through its network of 170
+ Branches, all connected online and 160 ATMs.
History =
Vision =
NIBs Vision is to:
> To be the bank of choice for the most discerning segments
of the consumer andcorporate markets in Pakistan.
> To revolutionize banking for the SME segment by creating
new products anddistribution channels.
> To become a leading provider of investment banking and
wealth managementservices.
> To be a top-5 choice of employer, a premier developer of
human talent, and anorganization that understands and
honors its social responsibilities.
Mission =
Product =
Market =
Company Information =
Board Of Directors =
Teo cheng San,Ronald
Tejpal Singh Hora
Lee Boon Huat
Lee Ah Boon
Asif Jooma
Najmus Saqib Hameed
Muhammad Abdullah
Atif R. Bokhari
(Chairman)
(Director)
(Director)
(Director)
(Director)
(Director)
(Director)
(Director and President/CEO)
(Chairman)
(Member)
(Member)
(Chairman)
(Member)
(Member)
(Member)
(Chairman)
(Member)
(Member)
Company Secretary =
Ather Ali Khan
Registered Office =
First floor Post Mall F7 Markaz Islamabad
Head Office =
PNSC building M.T. Khan Road Karachi-74000
Auditors =
M/s KPMG Taseer Hadi and co. Chartered Accountanats
Legal Advisor =
M/s Mandviwaa and Zafar Advocates
Credit Rating =
Long terms = AAShort terms = A1+
Rating agency = PACRA
NIB's Department
Internal Analysis
Strengths
Weaknesses
A weakness is defined as an area in an organization where
theorganization is not as good at doing something where the
organization isnot as good doing something as its
competitors or a thing which anorganization lacks or
disadvantage in comparison to its competitors.Based on the
above definition NIB Bank has the following weaknesses.
> Branch area is very small with respect to hired
employees.
> When nib merges PICIC commercial and PICIC investment
in it thanthe old employees become part of the NIB.
> Those employees need great deal of training and
development. Asthey are doing conventional banking and
NIBs slogan is relationshipbase banking.
> Online recruitment (unable to collect a pool of candidate
becausenet is not available everywhere in the country).
> Increases city/utility costs of borrowing.
> Creates regulatory problems or uncertainty
> Creates obstacles to efficient management
External Analysis
Opportunities
An opportunity can be defined as a change in external
environment, whichif properly exploited with the
organizational strengths will result inenhanced sales, market
share, or income. Using its strengths, NIB Bankcan avail the
following opportunities
> Increase credit facilities to lower income and also to
SMEs
> Many areas for new branch opening.
> In the economy of Pakistan where other banks are very
carefullylending the different loan NIB giving personal loan in
huge quantity. This will result in great market share in future.
> Creativity and financial innovation.
> Develop expertise in specialized credit evaluation of cities
andutilities
> Provide focal point for identifying and acting on obstacles
to oropportunities for city and city enterprise borrowing.
> Proper orientation of employees in all branches can help
them tocope up with foreign banks.
> Call centre services should be improved to enhance their
network
> Aggressively monitor borrowers and help resolve borrower
financialproblems.
> As a Bank, NIB has business relationships covering a very
largefraction of the economy in the country. These
relationships makethe perfect partner to drive the initial free
registration of businesses
> Attraction of new capital by the NIB Bank.
Threats
Suggestions/Recomandations