Bank of Punjab : CORPORATE BRIEFING SESSION-2024 - THE BANK OF PUNJAB
April 03, 2024 at 01:49 am EDT
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CORPORATE BRIEFING SESSION
APRIL 04, 2024
Contents
Introduction
Regulatory Compliance
Key Performance Highlights - Year 2023
Growth Trends (2018-2023)
Future Strategy (2024-2026)
Introduction
Introduction
Commencement of Operations
1989
Head Office
Lahore
Major Sponsor
Government of the Punjab (57.47%)
Authorized Capital
Rs. 50 Billion
Paid up Capital
Rs. 32.7 Billion
Credit Rating (Long Term/Short Term)
AA+/A1+
Branches *
Conventional
: 655
Islamic
: 160
IB Windows
: 73
*including 16 Sub-Branches.
Introduction Contd…
ATMs
794
Cities Covered
407
Market Share
5.2% of Deposits
Deposits
Rs. 1,521 Billion
Advances-Gross
Rs. 850 Billion
Total Assets
Rs. 2,216 Billion
Staff Strength (own)
13,659
Branch Network 31.12.2023
Balochistan, 15
Azad Kashmir, 10
Federal, 23
Sindh, 84
Gilgit / Baltistan, 10
Khyber PK, 70
Punjab, 603
Regulatory Compliance
Regulatory Compliance
Compliant with Provisioning requirements under Prudential Regulations of SBP.
Compliant with Minimum Capital (MCR) and Capital Adequacy Ratio (CAR) requirements.
Compliant with LR, NSFR & LCR requirements
Key Performance Highlights - Year 2023
Key Highlights
Deposits
Deposits improved by 24% to Rs. 1,520.9 Billion as against Rs. 1,227.3 Billion as on December 31, 2022.
Gross Advances Gross Advances improved by 34% to Rs. 849.5 Billion as against Rs. 634.4 Billion as on December 31, 2022.
Investments & Lending to FIs
Total Assets
Investments and Lending to FIs significantly improved by 49% to Rs. 1,058.2 Billion as against Rs. 708.1 Billion as on December 31, 2022.
Total Assets significantly increased by 50% to Rs. 2,216.2 Billion as against Rs. 1,481.9 Billion as on December 31, 2022.
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Bank of Punjab published this content on
03 April 2024 and is solely responsible for the information contained therein. Distributed by
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03 April 2024 05:48:00 UTC.
The Bank of Punjab is engaged in commercial banking and related services. The Companyâs segments include Corporate and investment banking, Cards and public sector deposits, Consumer banking group, Treasury and Islamic. The Corporate and investment banking segment includes loans, project finance, real estate finance, export finance, trade finance, investment banking, and other banking activities with corporate and public sector customers. The Cards and public sector deposits segment includes public sector deposits and related banking services including home remittances and card related banking services to customers of the Bank. The Consumer banking group segment includes private sector deposits and loans under retail finance, agriculture customers, small and medium enterprises and financing under government initiatives. The Treasury segment includes fixed income, equity, foreign exchanges, commodities, credit, funding, own position securities, lending and repos and brokerage debt.