Warid Internship UOG

Overview of the organization
Brief history:
On April 6, 1992 with the capital of the 300 million Soneri bank limited opened its branches
all our country. Soneri bank limited now a customer focus progressive and a efficient
institution. Now the Soneri bank limited have 260 branches all our Pakistan it is included in
mid-size banks in Pakistan. Soneri bank registered office is situated in Lahore. Policy of the
expansion based on the maintain balance between urban and rural areas with offering its all
services to rural areas as well as urban areas. Atmosphere at the soneri bank limited is fully
air conditioned and computerized.
vision
“To better serve customers to help them and the society grow”
Mission
“We provide innovative and efficient financial solutions to our customers”
Core values
“We are customer centric”
“We have high moral standards”
“We take ownership”
“We are proactive”
“We collaborate”
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Board of Directors:
Names Designation
Alauddin Feerasta Chairman
Muhammad Aftab Manzor President & CEO
Muhammad Rashid Zahir Director
Amar Zafar Khan Director
Noorudin Feerasta Director
Manzoor Ahmed Director(NIT Nommonee)
Shahid Anwar Director(NIT Nommonee)
Syed Ali Zafar Director
Senior Management:
Names Designation
Ali Hassan Shah Head of Operation
Anjum Hai Chief Financial Officer
Mohammad Aftab Manzoor President & Chief Executive
Officer
Amin A. Feerasta Chief Operating Officer
Shahid Abdullah Head of Treasury, Capital
Markets,FI & PRI
Muhammad Qaisar Head of Corporate & Investment
Banking
Nature of business:
Soneri bank limited provide products and services with a wide range for the personal and
business customer all our Pakistan with 260 branches
Soneri bank limited charged money from his customer by giving different types of the facilities.
Nature of business of the soneri bank limited based on those people who need a funds with
those who have funds. soneri bank limited get the funds from people to secure this money and
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give this money to those people who have need of money on the interest rate. Interest rate is
set by the soneri bank limited on the base of money time period and the risk of the recovering
money
Business volume:
Particulars R.s in million
Total Assets 253,342
Total Liabilities 235,150
Share Capital 11,024
Shareholders' Equity (including surplus) 18,191
Profit before tax 3,596
Profit after tax 2213
Earnings per share before tax R.s 3.59
Earnings per share after tax R.S 2.01
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Main offices:
Head office of the soneri bank limited is situated at
Address: D.S 11B-313 Market Qurter, virjee stt, karachi
Lahore head of of the soneri bank limited is situated at
Address: 307 Mall Rd, Lahore
Islamabad head of is situated at
Address: Jinnah Ave, Islamabad 44000
Total staff strength:
STAFF STRENGTH (Numbers of employees)
(2015) (2016)
Permanent 2,715 2,639
Temporary / on contractual basis etc. 38 28
Bank's own staff strength at the end of the year 2,753 2,667
Outsourced 923 857
Total staff strength at the end of the year 3,676 3,524
Products and Services:

Soneri Bank offers a wide range of products and services to meet the growing banking needs
of our customers. Our brand promise of "Roshan Har Qadam" demonstrates our commitment
to continually innovate our product range to better meet personal and business needs of our
customers, including the commercial, retail and corporate segment.
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 Rupee Current Accounts.
Customers can open an account for their day-to-day banking needs and take advantage of the
banking convenience offered by 266 + branches online and a growing network of more than
270 ATMs all over the country. Current account include following
1. Soneri Ikhtiar Business Current Account.
Soneri Ikhtiar current account is our flagship account for companies that offer efficient
banking transactions, accessible and affordable. This account offers many free services,
including, free online banking, check books and free checks, free debit VISA Classic card
and much more. In addition, this account has a global accident insurance coverage free ATM
withdrawal and coverage to help protect your loved ones, keeping their secure future.
2. Soneri Current Account.
Soneri Current Account gives you free access to a range of banking services available on the
Soneri Ikhtiar account (with the exception of accidental insurance), without maintaining an
average and unrestricted balance on the number of transactions.
 Rupee Savings Accounts.
Soneri Bank offers a wide range of savings products for those who have used a fixed or fixed
income to encourage savings. We also have savings accounts for the elderly and retired.
Saving our products include
1. PLS Savings Account.
2. Soneri Savings Account.
3. Soneri Sahara Account.
4. Soneri Asaan Account.
 Rupee Term Deposit Accounts

1. Soneri Term Deposits
Soneri term deposits are intended for clients who intend to keep their savings for a specified
period and obtain a higher rate of profit. Term deposits allow customers to save a fixed
amount in rupees for a period ranging from 1 month to 3 years at attractive interest rates. The
depositor has the option to automatically reinvest the deposit with or without profit.
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2. Diamond Deposits (Monthly Income Scheme)
Soneri Diamond Deposits offer investment opportunities to investors who are looking for an
extra monthly income with an attractive yield. With terms of 1 to 3 years, investors earn a
monthly profit for easy withdrawal and VISA debit card use and Soneri Bank wickets across
Pakistan
 FCY Deposit Accounts
Soneri Bank FCY also offers ongoing, savings accounts and term deposits to meet the foreign
exchange transactions and investment needs of our clients
 Financing Products
In addition to our traditional financing products, including execution of Finance, Treasury

Finance, Finance against Imported Goods (FIM), Finance Against Faith Receipts (FATR),
Letters of Credit (LCS) And the Guarantee Letter Bank also offers the following specific
financing products to help customers grow their business without worrying about financing
needs. It includes following
1. Soneri Speed Finance
2. (PMYBL) Scheme
3. SME Financing
4. Consumer Finance
5. Soneri Car Finance
6. Soneri Personal Finance
 Home Remittances
Soneri Bank introduces "Soneri Mehnat Wasool", the home delivery service. The service
offers customers the convenience of receiving their shipments sent from abroad from any of
the 266 branches of Soneri Bank in 127 cities throughout Pakistan. Initially launched with
MoneyGram as one of the international money transfer partners, Soneri Bank signed with
RIA Financial Services, Xpress Money Transfer, Wall Street Finance Canada Ltd., Al Falah
Exchange, Al Ansari Exchange , Alpine Exchange & Golden Money Transfer under the
Pakistan Remittance Initiative (PRI) to facilitate its clients.
 Corporate & Investment Banking
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Soneri Bank is well equipped to face the economic challenges of Pakistan. Our relationship
management team strives to establish meaningful relationships with our corporate and
institutional clients blue chips, including public sector entities to become partners in their
growth; Acting as financial advisors and effectively meet their financial needs by offering
financial solutions through the following products
1. Underwriting / Bankers to the issue
2. Working Capital & Trade Finance Facilities
3. Term Loans / Syndicate Arrangements
4. Supply Chain Management
5. Cash Management
Competitor
1) Alfalah bank
2) Faysal bank
3) Citi bank
4) National bank of Pakistan
5) Meezan bank
6) Habib bank limited
7) United bank limited
8) Standered charted bank
9) Punjab bank
10) Muslim commercial bank
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Organization structure
Board of Directors
Chairman
Head of internal
Audit
President
Commercial & Corporate & Head of Risk Treasury &

Chief Risk
Retail Banking Investment Management Capital Markets,
Office
Banking Division FI & PRI
Compliance Human Marketing Finance Information

& Control Resources Technology
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Structure of finance department
Financial director
Charted accountant
Financial manager for

accounts
Manager for financial

services
Accountant
Finance assistance for the

sale
Finance assistance for the

purchase
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No of Employee in Department
Management team Designation
 Mr. Mohammad Aftab Manzoor President & Chief Executive Officer

 Mr. Amin A. Feerasta Chief Operating Officer
 Mr. Abdul Aleem Qureshi Head of Commercial and Retail Banking
 Mr. Shahid Abdullah Head of Treasury, Capital Markets, FI and PRI
 Mr. Iqbal Zaidi Head of Compliance and Controls
 Ms. Anita Lalani Head of Human Resources
 Mr. Ali Hassan Shah Head of Operations
 Ms. Anjum Hai Chief Financial Officer
 Mr. Mubarik Ali Country Credit Head
 Mr. Syed Asim Ali Head of Audit
 Mr. Ahmed Saqib Asad Chief Information Officer
 Mr. Muhammad Qaisar Head of Corporate & Investment Banking
Management Committee Designation
 Mr. Mohammad Aftab Manzoor Chairman

 Mr. Amin A. Feerasta Member
 Mr. Abdul Aleem Qureshi Member
 Mr. Shahid Abdullah Member
 Mr. Mubarik Ali Member
 Mr. Iqbal Zaidi Member
 Mr. Muhammad Qaisar Member
 Ms. Anjum Hai Member
 Ms. Anita Lalani Member
 Mr. Abbas Hatim Secretary
 Mr. Ahmed Saqib Asad Member
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Executive Credit Committee Designation

 Mr. Mubarik Ali Member/Secretary
 Mr. Muhammad Qaisar Riaz Member
Investment Committee Designation

 Mr. Shahid Abdullah Member
 Mr. Muhammad Imran Khan Member/Secretary
Assets and Liability Committee Designation

 Mr. Shahid Abdullah Member/Secretary
 Mr. Javaid Hussain Siddiqui Member
Executive Credit Committee Designation

 Mr. Mubarik Ali Member/Secretary
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I.T. Steering Committee Designation

 Mr. Ali Hassan Shah Member
 Mr. Ahmed Saqib Asad Member
Credit Risk Management Committee Designation

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Function of finance department
Accounting system of the Soneri bank limited

Soneri bank limited use fully computerized to record all his transactions. All type of the
financial transaction including sales purchase liabilities are track and records by the
computer.
Soneri bank limites recently contracted TPS to provide high availability solutions for the
backup purpose of the data. Frist time this milestone for TPS and soneri bank combine such a
critical servers in the Pakistan,soneri bank limited operates its operation nation wise. The
countrywide operation are controlled with two most critical system
ACCOUNTS
MANAGER
Costing Purchase Sales Salary Book

officers officers officers Section keeping
officers officer
Assistant Assistant Assistant Assistant Assistant

Accountant Accountant Accountant Accountant Accountant
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Financial system of the Soneri bank
Financial system is the procedures and the process of the company that is used to shows the
company financial position and the company performance.
Soneri bank limited obtain funds form the fund holder by giving them different type of
security and provide this fund to those who need a funds at the high interest rate or invest the
funds on different type of the business to get profit. soneri bank also provide different
facililties to its customer and charged a fees for the these facilities.
In finance system three functions is perform normllay
Auditing:
It contains the internal auditing services.
Income:
Income means inflow of money.
Procurement:
It includes the prescribed matters for all departments
Use of E-data
Soneri's goal is to maximize profitability with the help of effective workers. It may be
possible, by reducing operational costs by using the latest technology equipment such as
computers. Information gives the exact results requested by senior management.
 Profit and Loss account

 Balance Sheet
 Cash flow Statement
These statements give a financial impact on the Bank. Because of these instructions, the
previous years reports are made to know the direction of the bank if the bank goes to the loss
or profit. After decisions are made on the basis of financial data that is obtained computer.
Informatica enables management to make decisions at any time.
Soneri bank use e-data for the purpose of the advertisement and the for the promotion of its
facilities. All the branches of the soneri bank limited is connected with the internet
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networking and the information is transfer all our the branches electronically. All the
transactions is performed electronically in all the branches.
Soneri bank limited give different online feature to his customer e.g. online banking online
billing online investment e.t.c.
Sources and allocation of fund
There are following main three sources by which soneri bank collet resources
 Public Source
This is the main source for collecting the funds
 Government Institutions
This source is the business sector, which is a major source of financing for all types of
Bank. All major organizations, financial institutions, private and governmental
organizations are the main sources of funding.
 Money Market
Money market securities are that security that generally highly liquid securities with
maturities of less than one year. The money market is an informal network of
intermediaries and investors who traded short-term debt securities
Allocation of funds
Allocation of funds means, use of funds in various places in order to get retrun.
 Short Term Finance:

“Short term financing includes period less than one year”.
 Long Term Finance:
“Long term financing includes tenure more than one year”.
Sectors for Advances:
There are three main sectors for which soneri bank is advancing loans. These sectors are:
1. Industrial Sector
2. Commercial Sector
3. Agricultural Sector
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1. Industrial loans:
These loans are granted to industrial units, including cottages and small industries, up
to 20 million rand. Loan period, loans are allowed for a maximum period of 5 years,
including a maximum grace period of one year.
2. Commercial Sector:
The total nominal value of the loans to a single borrower must not exceed Rs. 0.3
million, including loans to the dependents of the family. The maximum period is 3
years.
3. Agricultural Sector:
The loan is advanced for farmers who grow land. It is classified in the following types:
 Production Finance
 Development Finance
My internship program
Introduction of the branch

Soneri bank limited is from one of commercial banks of Pakistan it was incorporated on 28
September and it is started its operation in 1992. Now the Soneri bank limited have 260
branches all our the Pakistan it is included in mid-size banks in Pakistan . Soneri bank
registered office is situated in Lahore. First branch of the Soneri bank limited was also
opened its formal operation in Lahore.
On April 6, 1992 with the capital of the 300 million Soneri bank limited opened its branches
all our country. Soneri bank limited now a customer focus progressive and a efficient
institution.
The branch of the soneri bank limited where I worked as a internee is situated court road city
wazirabad. The bank environment and the infrastructure of the soneri bank limited wazirabad
branch is very good and impressive. All the employee of the branch is very friendly and well
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educated and helped me in all my task that are given to me. Total 22 people worked in the
soneri bank court road branch when I worked as a internee including manager. The location
of the soneri bank is very good because all the banks is situated at the court road this location
is easily access by any person. I learn different things from the banking envirment. Paractical
life is very different from the student life. During the internship I really enjoyed in the soneri
bank limited. It is impossible to lean all the things from the subject that we study without the
practice in the organization we are not capable to implement all our knowledge for our future
growth.
Branch Manger:
Waseem Akhtar
Operationa Manger:
Mr M. Mehmood
Accountant:
Mr. Nawaz jamshaid
Mr. Aslam rao
Customer services officer:
Ms. Sana Iqbal
Cashier:
MR. Jawad ikram
Mr. islam chatha
Department and duration of work

In soneri banks court road wazirabad branch I worked 6 weeks in differents department to
gain the information.
In following department I worked
 Account department one week
 Clearing department on and half week
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 Remantinace department one week
 Account opening department one and half week
 Credit department one week
Supervisor name
MR. bilal mubshar who worked as a customer service officer at the soneri bank court road
wazirabad branch supervised me and help me in all my tasks and give me basic information
through we can attract the customer and facilitate the customers with our products.
Task and work
Remittance department
In this department I learned that how the online payment is made. Mr Muzamal choudry who
was the head of the remittance department helped me a lot. This is very inspired and
educational department for me because we studied in our subjects about online TT, PO,DD,
MT etc. online payment, online deposit, online cash transfer make easy banking for its
customer. In remittance department give me a task to made drafts for the online payment. I
made many drafts for the customers detected the ways how to transfer TT, PO, DD, and MT
Clearing department
Head of the clearing department is Mr Muzamal choudry. In the clearing department I work
one and half week. Clearing department is the very important department of the any bank
who perform many functions all the cheque which are drawn or received from othe banks
and instruments are processed and settle by the clearing department
Accounts Opening Department

Opening of account department is headed by Mr. sheikh Asif Saleem. I spent a week in this
service. My first day, Mr. told me to observe the work of the department and the treatment of
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customers as well. I drove into account opening as the form of account opening, the signatures
are verified, the verification process CNIC and on the necessary attachments identity of the
customer. I fill the bill in the form of 6 or 7 Opening customers then after taking the signatures
or the thumb stamp entry in the register it took place the opening of the account for the record
of our customers. I also write checks based on the savings account, current accounts and PLS.
I also learned how to record the first deposit after opening the account. Mr. Cheikh Asif Saleem
has helped me to do with these things. In the department of accounts opened, I need a challenge
to learn in a week, this time is enough to keep an eye on every activity.
Accounts Department
Account Department to maintain account balances for each transaction. In opening account
department i directed to Miss Saira Amin she is very corporative. A voucher is prepared and
the accounts department ensures its authenticity. The daily coupon is summarized in terms of
transaction and consolidation. I have prepared service voucher accounts to ensure that they are
authentic. Also the arrangement and control of the good and there the appropriate account
display, checking the entry of the good. Preparation of SBL extracts showing the daily position
of the transfer of funds from one branch to another. Writing the state of the daily position of
banks, which show the overall position of the deposit, finance and account number open at a
certain date.
Credit Department
After working in the accounts I worked in the credit department. In the credit department, I
spent 1 week. The credit department is one of the major departments in the banks and this
department is also known as the finance department in some banks. The work of this
department is the allocation of funds in different cases. The credit department makes
investments, officers and advances to different clients or banks
Forms of Lending
 Short-term (maturity within one year)

 Running Finance, Cash Finance, Demand Finance and Letter of Guarantee
 However they are further classified as
 Many there are two types of advances
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 Long term (maturity with the period of more than one year)
Critical analysis
Ratio Analysis:
a) Liquidity Ratios
Liquidity ratios measure a firm’s ability to meet its current obligations.
These include:
• Current Ratio
Current Ratio = Current Assets / Current Liabilities
2013 2014 2015
65,126,204 77,772,365 89,505,246

62,467,542 73,179,573 90,285,986
=1.0425times =1.0627 times =0.9913 times
Years
Current Assets 2013 2014 2015
Cash and balances with treasury banks 5,646,755 6,471,173 7,247,711
Balances with other banks 3,908,859 1,497,193 1,400,451
Lending to financial and other institutions net 3,990,269 2,755,377 2,531,900
Investments – net 9,144,810 23,037,730 29,476,710
Advances – net 39,891,038 41,137,376 45,445,041
Other assets - net 2,544,473 2,873,516 3,403,433
Total 65,126,204 77,772,365 89,505,246
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Current Liabilities Years
2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 6,930,493 8,368,007 11,355,873
Deposits & other accounts 52,946,627 61,435,603 75,027,287
Sub-ordinated loans 480 480 2,99,520
Other liabilities 1,335,446 1,612,082 1,745,496
Total 62,467,542 73,179,573 90,285,986
Graphical Presentation of current ratio
1.08
1.06
1.04
1.02
1 Current Ratio
0.98
0.96
0.94
2013 2014 2015
Interpretation
From the figures calculated above, it was assumed that the current ratio fluctuated over a
three-year period. As in 2014, SBL had the high capacity to meet its current liabilities from
its current assets. The current ratio of 20014 has a "low capacity to meet its current liabilities
in relation to the ratio of the year 2014, then its lowest in 2015 that indicate the less liquid
position of the bank.
• Acid Test Ratio
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Acid Test Ratio = Current Assets – Inventories – prepaid expenses / current liabilities
2013 2014 2015
64,864,903 77,392,544 89,052,863

62,467,542 73,179,573 90,285,986
=1.0383 times =1.0461 times =1.0430 times
Working:
Years
Lending to financial and other institutions

3,990,269 2,755,377 2,531,900
net
Investments - net 9,144,810 23,037,730 29,476,710
Advances -net 39,891,038 41,137,376 45,445,041
Other assets -net 2,544,473 2,873,516 3,403,433
Advances, deposits, advance rent and other

(261,301) (379,821) (452,383)
prepayments
Total 64,864,903 77,392,544 89,052,863
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Years
Current Liabilities
2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 6,930,493 8,368,007 11,355,873
Total 62,467,542 73,179,573 90,285,986
Graphical Presentation
1.048
1.046
1.044
1.042
1.04 acid test ratio
1.038
1.036
1.034
2013 2014 2015
Interpretation
In 2013, SBL had sufficient liquidity to be able to easily meet urgent commitments, but this
position can not be maintained in 2014 and then reduced in 2015 and at that time the SBL is
weak to meet its commitments Immediately.
• Working capital
Working Capital = Total Current Assets – Total Current Liabilities
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2013 2014 2015
65,126,204-62,467,542 77,772,365-73,179,573 89,505,246-90,285,986
=2,658,662 =4,592,792 =(780,740)
Years
Lending to financial and other institutions
net 3,990,269 2,755,377 2,531,900
Investments – net 9,144,810 23,037,730 29,476,710
Advances – net 39,891,038 41,137,376 45,445,041
Other assets - net 2,544,473 2,873,516 3,403,433
Total 65,126,204 77,772,365 89,505,246
Current Liabilities Years

2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 6,930,493 8,368,007 11,355,873
Total 62,467,542 73,179,573 90,285,986
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Graphical Presentation:-
5,000,000
4,000,000
3,000,000
2,000,000 Working
Capital
1,000,000
0
-1,000,000
2013 2014 2015
Interpretation
From the above calculated figures, in 2013 year working capital was low, but in 2014 it is
increased, then in 2015 it is more raised from 2015 working capital year. The increase in
working capital indicates that the company has increased its current assets and decreased its
current liabilities. This is a positive sign for SBL in 2015 year. Bankers look at net working
capital over time to determine a company's ability to overcome financial crises
Leverage Ratios
“Leverage ratios measure the degree of protection of suppliers of long term funds”.
These include:
• Times Interest Earned

Time Interest Earned = EBIT / interest expenses
2013 2014 2015
2,904,858
2,269,355 2,822,847
1,951,625
2,078,942 2,682,400
=1.4884 times
=1.0915 times =1.0523 times
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1.6
1.4
1.2
1
0.8 Times Interest
Earned
0.6
0.4
0.2
0
2013 2014 2015
Interpretation:-
Time interest earned is an indicator of a company's ability to cope with interest payments on
its debt. From the calculated figures, in 2013, SBL had high interest rates, so that SBL had the
ability to meet its interest payments. In 2014 and 2015, this ratio decreased, meaning that SBL
was less able to meet its interest payments on debt.
• Debt Ratio
Debt Ratio = Total Debt /Total Assets
2013 2014 2015
73,864,207
87,507,071 99,188,005
80,977,254
95,310,272 108,105,678
=0.9121 times
=0.9181 times =0.9175 times
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Working
Years
Total debts
2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 8,441,454 9,385,522 12,370,528
Sub-Ordinated loans 1,198,320 1,197,840 1,197,360
Total 73,864,207 87,507,071 99,188,005
Years
Total Assets 2013 2014 2015
Investments – net 14,053,177 29,537,179 34,985,663
Advances – net 47,575,364 48,727,103 54,675,721
Fixed assets 3,126,857 3,333,891 3,468,923
Deferred tax assets-net 125,843 108,429 384,655
Other assets 2,550,130 2,879,927 3,410,654
Total 80,977,254 95,310,272 108,105,678
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Graphical Presentation:
0.92
0.918
0.916
0.914
Debt Ratio
0.912
0.91
0.908
2013 2014 2015
Interpretation:-
The amount of leverage indicates a risk for creditors and owners. In 2013, the debt ratio was
0.9121 and its serious position in 2014 was 0.9181 and in 2015 of 0.9175 for the company.
• Debt / Equity Ratio
Debt/Equity Ratio=Total liabilities/Shareholder Equity
2013 2014 2015
73,864,207
87,507,071 99,188,005
6,965,749
7,181,577 8,381,360
=10.6039 times
=12.1849 times =11.8343 times
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Working:
Years
Total debts
2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 8,441,454 9,385,522 12,370,528
Total 73,864,207 87,507,071 99,188,005
Years
Shareholder Equity 2013 2014 2015
Share capital 4,114,222 5,019,351 6,023,221
Reserves
2,016,877 2,003,948 2,029,036
Unappropriated profit 834,650 158,278 329,103

Total 6,965,749 7,181,577 8,381,360
12.5
12
11.5
11 Debt/Equity
ratio
10.5
10
9.5
2013 2014 2015
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Interpretation:-
If the debt ratio has increased, it means more debt to equity. Above calculations show that
SBL had low debt-to-equity ratio in 2013 year which was positive for SBL. But in 2014 its
increase from 2015, if the debt ratio is increased, meaning more debt to equity and SBL is
financed by creditors rather than positive internal cash flow which is a trend Dangerous. In
2015, its little bit decreased again.
• Debt to Tangible Net worth Ratio
Debt to Tangible Net worth Ratio =Total debt/Net worth minus intangible assets
Net worth = total assets – total liabilities
2013 2014 2015
73,864,207
87,507,071 99,188,005
7,113,047-20,913
7,803,201-12,163 8,917,673-23,030
=10.4149 times
=11.2317 times =11.1514 times
Working:
Years
Total debts
2013 2014 2015
Bills payable 1,254,496 1,763,401 1,857,810
Borrowings 8,441,454 9,385,522 12,370,528
Total 73,864,207 87,507,071 99,188,005
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Net Worth Years
2013 2014 2015
95,310,272-
Total Assets – Total Liabilities 80,977,254- 108,105,678-
87,507,071
73,864,207 99,188,005
Total 7,113,047 7,803,201 8,917,673
Years
Investments – net 14,053,177 29,537,179 34,985,663
Advances – net 47,575,364 48,727,103 54,675,721
Fixed assets 3,126,857 3,333,891 3,468,923
Other assets 2,550,130 2,879,927 3,410,654
Total 80,977,254 95,310,272 108,105,678
Intangible assets Years

2013 2014 2015
Intangible assets 20,913 12,163 23,030
Total 20,913 12,163 23,030
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11.4
11.2
11
10.8
Debt to
10.6 Tangible Net
worth Ratio
10.4
10.2
10
2008 2009 2010
Interpretation:-
In 2013, this ratio was low, which is good for the financial health of soneri bank limited. But
it is increased in 2014 year which shows the riskier position of SBL. Then in 2015 it is still
low from 2013, but its not many low, minor changes come in this ratio.
Total Capitalization Ratio

Total capitalization ratio = Long term debt / (Long term debt + owner’s equity)
2013 2014 2015
2,533,766 2,809,922 2,942,856

(2,533,766+6,965,749) (2,809,922+7,181,577) (2,942,856+8,381,360)
Years
Long term Debt 2013 2014 2015
Sub-ordinated loans 1,198,320 1,197,840 1,197,360
1,335,446 1,612,082 1,745,496

Other liabilities
Total 2,533,766 2,809,922 2,942,856
32
Years
Owner’s Equity 2013 2014 2015
Share capital 4,114,222 5,019,351 6,023,221
Reserves
2,016,877 2,003,948 2,029,036

Total 6,965,749 7,181,577 8,381,360
0.285
0.28
0.275
0.27
0.265 Total
Capitalization
0.26 Ratio
0.255
0.25
0.245
2013 2014 2015
Interpretation:-
Total capitalization is higher, risk and chance of bankruptcy. For the above figures, in 2014
year this ratio increases from 2013 year so a high ratio shows that a company is financially
weak; The burden of debt can increase the risk of default. In 2015, this ratio decreases
sharply, which is a very good capitalization situation.
c) Profitability Ratios
Profitability ratios measure the earning ability of a firm.
These include:
• Net Profit Margin
Net Profit Margin = (Net profit / Net sales) * 100
33
2013 2014 2015
(701,041/7,822,941)*100 (145,355/9,337,284)100 (125,440/10,250,494)*100
=8.9613% =1.5567% =1.2237%
Working:-
Years
Net Profit
2013 2014 2015
Profit after taxation 701,041 145,355 125,440
total 701,041 145,355 125,440
Net sales Years

2013 2014 2015
Markup / return / interest earned 7,822,941 9,337,284 10,250,494
Total 7,822,941 9,337,284 10,250,494
10
6
Net Profit
4 Margin
0
2013 2014 2015
34
Interpretation:-
This ratio is used to measure the profitability of the bank if the bank generates a favorable profit
or not. The above figures show that in 2013 the net profit margin ratio has increased indicating
a more profitable bank that has better control over its costs and in 20014 and 2015 this ratio
declining sharply due to high overhead.
• Return on Assets
Return on Assets = (EBIT / Total assets) * 100
2013 2014 2015
(2,904,858/80,997,254)*100 (2,269,355/95,310,272)*100 (2,822,847/108,105,678)*100
=3.5863% =2.3810% =2.6119%
Working:-
Years
EBIT 2013 2014 2015
Total non-markup / interest income 2,904,858 2,269,355 2,822,847
Total 2,904,858 2,269,355 2,822,847
Years
Investments – net 14,053,177 29,537,179 34,985,663
Advances – net 47,575,364 48,727,103 54,675,721
Fixed assets 3,126,857 3,333,891 3,468,923
Deferred tax liabilities-net 125,843 108,429 384,655
Other assets 2,550,130 2,879,927 3,410,654
Total 80,977,254 95,310,272 108,105,678
35
4
3.5
3
2.5
2 Return on
1.5 Assets
1
0.5
0
2013 2014 2015
Interpretation:-
This particular ratio indicates the profitability of a company in relation to its assets. ROA
illustrates how management uses the company's assets to make a profit. In 2013, the ROA ratio
had been higher, so that performance was indicated earlier, the more effective the management
was in using its asset base. This ratio decreased in 2014 and increased slightly in 2015
• DuPont Return on Assets
(Net profit / Net sales) x (sales / total assets)*100
2013 2014 2015
(701,041/7,822,941)*(7,82 (145,355/9,337,284)*( (125,440/10,250,494)*(

2,941/80,977,254 )*100 9,337,284/95,310,272)*100 10,250,494/108,105,678)*100
=0.8657% = 0.1525% = 0.1160%
36
Working:-
Years
Net Profit 2013 2014 2015
Total 701,041 145,355 125,440
Years
Net sales 2013 2014 2015
Total 7,822,941 9,337,284 10,250,494
Years
Investments – net 14,053,177 29,537,179 34,985,663
Advances – net 47,575,364 48,727,103 54,675,721
Fixed assets 3,126,857 3,333,891 3,468,923
Deferred tax liabilities-net 125,843 108,429 384,655
Other assets 2,550,130 2,879,927 3,410,654
Total 80,977,254 95,310,272 108,105,678
37
0.8
0.6
Dupont Return on
0.4 Assets
0.2
0
2013 2014 2015
Interpretation:-
ROE measures the rate of return on equity attributable to common shareholders. It measures
the effectiveness of a business to generate profits from each rupee of net assets and shows how
an organization uses the investment rupees to generate earnings growth. Above the figures, in
20013, due to a high return on equity, SBL had strong investment opportunities. From year to
year, its decline decreased in 20014 and 2015 compared to the previous year.
• Operating Income Margin
Operating Income Margin=EBIT / Sales * 100
2013 2014 2015
2,904,858/7,822,941*100 2,269,355/9,337,284*100 2,822,847/10,250,494*100
=37.1325% =24.3042% =27.5386%
38
Working:-
Years
EBIT 2013 2014 2015
Total non-markup / interest income 2,904,858 2,269,355 2,822,847
Total 2,904,858 2,269,355 2,822,847
Years
Sales 2013 2014 2015
Total 7,822,941 9,337,284 10,250,494
40
35
30
25
20 Operating
Income
15 Margin
10
5
0
2013 2014 2015
Interpretation:-
In 2013 SBL had higher ratio; If a bank’s margin is increasing, it is earning more per rupees of
sales. Higher the margin shows the better position of a bank. In 2014 SBL had decreased
operating income margin that indicates the SBL has been less efficient in its day to day
operations and in 2015 this ratio again increase slightly.
• Return on Operating Assets
Return on Operating Assets = Profit before tax / Operating Assets * 100
39
2013 2014 2015
953,233/3,126,857*100 190,413/3,333,891*100 140,447/3,468,923*100
=30.4853% =5.7114% =4.0487%
Working:-
Years
Profit Before Taxation
2013 2014 2015
Profit before taxation 953,233 145,355 125,440
Total 953,233 145,355 125,440
Years
Operating Assets 2013 2014 2015
Capital work-in-progress 184,004 196,356 268,290
Property and equipment 2,921,940 3,125,372 3,177,603
Intangible assets 20,913 12,163 23,030
Total 3,126,857 3,333,891 3,468,923
35
30
25
20 Return on
15 Operating
Assets
10
5
0
2013 2014 2015
40
Interpretation:-
This particular ratio helps the management measurement of the assets that are actually
required for the running of the business and guide them which assets are unnecessary has to
be reduced. Above figures indicate the position of SBL in 20013 this ratio had positive
position but in 2013&2014 it was very low of ROA.
• Return on Total Equity
Return on Total Equity = Net profit / Total equity * 100
2013 2014 2015
701,041/6,965,749*100 145,355/7,181,577*100 125,440/8,381,360*100
=10.0641% =2.0239% =1.4966%
Working:-
Years
Net profit 2013 2014 2015
Total 701,041 145,355 125,440
Years
Owner’s Equity 2013 2014 2015
Share capital 4,114,222 5,019,351 6,023,221
Reserves
2,016,877 2,003,948 2,029,036

Total 6,965,749 7,181,577 8,381,360
41
12
10
6 Return on
Total Equity
4
0
2013 2014 2015
Interpretation:-
Return on equity shows the amount of profits a bank earns in relative to the total amount of
equity. In 20013, Soneri Bank Limited had a greater return on equity, which is a fairly good
state of Soneri Bank Limited . But in 2014 and 2015, it fell severely.
• Gross Profit Margin
Gross Profit / Sales*100
2013 2014 2015
2,944,594/7,822,941*100 2,734,505/9,337,284*100 3,046,652/10,250,494*100
=37.6404% =29.2858% =29.7220%
Working:-
Years
Gross Profit 2013 2014 2015
Mark-up / return / interest
7,822,941 9,337,284 10,250,494
earned
(Mark-up / return / interest
(4,878,347) (6,602,779) (7,203,842)
expensed)
Net mark-up / return /
2,944,594 2,734,505 3,046,652
interest income
42
Years
Sales 2013 2014 2015
Total 7,822,941 9,337,284 10,250,494
40
35
30
25
20 Gross Profit
15 Margin
10
5
0
2013 2014 2015
Interpretation:-
This specific ratio tells us that if our merchandise margin normally covers our expenses and
then translates into profit or not. This report tells us that the company's profit on the sale.
According to the data above, SBL in 2013 that have had a high gross profit margin are more
liquid and then have more cash flow to spend on expenses. In 2014 and 2015, decreased
compared to the previous year, which is about average SBL has cash flow lower than the 2013
years.
d) Activity Ratios
Activity ratios measure a firm's capacity to convert different accounts within their balance
sheets into cash or sales.
These include:
• Total Assets Turnover
Total Asset Turnover = Net Sales / Total assets
43
2013 2014 2015
7,822,941/80,977,254 9,337,284/95,310,272 10,250,494/108,105,678
Working:
Years
Net Sales 2013 2014 2015
Total 7,822,941 9,337,284 10,250,494
Years
Investments – net 14,053,177 29,537,179 34,985,663
Advances – net 47,575,364 48,727,103 54,675,721
Fixed assets 3,126,857 3,333,891 3,468,923
Other assets 2,550,130 2,879,927 3,410,654
Total 80,977,254 95,310,272 108,105,678
44
0.098
0.097
0.096
Total Assets
0.095 Turnover
0.094
0.093
2013 2014 2015
Interpretation:-
This specific ratio displays to measure a company’s efficiency in using its assets. From the
ratio, it’s viewing that the total assets turnover is growing in 2014 as compared to previous and
successive year and assets are using efficiently.
• Fixed Assets Turnover
Fixed Assets Turnover = Sales / Fixed Assets
2013 2014 2015
7,822,941/3,126,857 9,337,284/3,333,891 10,250,494/3,468,923
Working:
Years
Sales 2013 2014 2015
Total 7,822,941 9,337,284 10,250,494
45
Years
Fixed assets 2013 2014 2015
Fixed assets 3,126,857 3,333,891 3,468,923
Total 3,126,857 3,333,891 3,468,923
3
2.9
2.8
2.7
2.6 Fixed Assets
Turnover
2.5
2.4
2.3
2.2
2013 2014 2015
Interpretation:-
Fixed assets turnover ratio indicates how well the business is using its fixed assets to generate
sales. In 2013 SBL had low ratio but its increasing in following years. In 2015 its hugely
increased form previous years that indicates, SBL has been more effective in using the
investment in fixed assets to generate revenues.
e) Market Ratios
Market ratios are usually used by the investors to assess the performance of a
Business as an investment and also the cost of allotting stock.
These include:
• Dividend per share
Dividend per share = Dividends paid to Shareholders / No. of outstanding shares
46
• Earning per Share
Earning per Share = Net profit after tax / Number of Shares Issued
2013 2014 2015
701,041 145,355 125,440

411,422 501,935 602,322
=1.7039 Rs =0.2895 Rs =0.2082 Rs
Working:-
Years
Net Income 2013 2014 2015
Total 701,041 145,355 125,440
Years
Number of Shares
2013 2014 2015
Issued
Number of Shares
4,114,222/10=411,422 5,019,351/10=501,935 6,023,221/10=602,322
Issued
Total 411,422 501,935 602,322
47
1.5
1 Earning Per
Share
0.5
0
2013 2014 2015
Interpretation:-
From an investor’s point of view, the organization earning per share (EPS) is very important
and investors can easily recognize the firm’s profitability. In financial year 2013 it 1.7039 but
in financial years 2014 and 2015 it’s quickly decrease
• Price/Earning Ratio
Price/Earning Ratio = Market value per share / Earning per share

P
2013 2014 2015
4.94 3.31 1.96

1.7039 0.2895 0.2082=
=2.8992 Rs =11.4335 Rs 9.4140 Rs
Working:
Years
Earning per share 2013 2014 2015
Earning per share 1.7039 0.2895 0.2082
Total 1.7039 0.2895 0.2082
48
12
10
6 Price/Earning
Ratio
4
0
2013 2014 2015
Interpretation:-
As the ratio forecasts that the market value of SBL shares is cumulative and standing bank
position in market is good and making profit beside the Price/Earning of the ratio.
49
SONERI BANK LIMITED
Vertical analysis of financial position
2015 2014 2013
Assets 8959 7248 6548
Cash and balances with 879 1400 9400

treasury banks
Lending to financial 813 2532 1932
insitutuins
Investment net 45776 34986 29986
Advances net 65340 54676 44676
Operating fix assets 3834 3469 2969
Deferred tax assets net 362 385 275
Other assets 3769 3411 2411
Liabilities 129732 108106 102106
Customer deposit 99734 82107 62207

Borrowing 14577 12371 11371
Bills payable 1571 1858 1658
Other liability 1995 1745 1545
Deferred tax liability net - - -
Sub ordinated loans 898 1197 1097
Net assets 10977 8918 8818
Represented by
Share capital 8028 6026 5026
Reserve 1183 2029 1929
Un-appreciate profit 1026 329 269
Surplus on revolations of 740 536 466
asstes
Total 10977 8918 6998
50
SWOT Analysis:
In swot analysis of Soneri bank limited following points are include
Strength
Strengths are the core capabilities of any organization & as far as SONERI is
apprehensive the core capabilities of this organization are:
 Helpful environment for learning
Environment in the soneri bank limited is very encouraging for learning as I work as an
internee in the soneri bank limited I suggested that professional banking envirment can be
greatly benefited by the soneri bank limited, more career development cause of more
dedicated work force
 Dedicated sector for SME sector
Soneti bank limited pays very attention to the SME sector that is the cause it is more
professional and the focus approach for profound sector,
 Target Achievement
 Policies & Procedures
 Controlling Standards
 Priorities
 Rewards & Benefits
 Job Security for the Employees
 Favorable, friendly & Healthy Working Environment
 Documentation System is so much accurate
 Accounting & Banking System is Accurate & Reliable One
51
Weaknesses
Weaknesses are the deficient points which every organization must escape in order to make
its operational efficiency.
 Chaotic work environment.

 Workload.
 Lack of self-Marketing.
 Low Training & Coaching.
 low incentives like bonus pay overtime, etc.
 Department of Human Resources is not as effective.
 Evaluation is not done frequently.
 low salary packages than other banks.
Opportunities
In fact, when we study all our weaknesses analytically & deeply than we derived to know that
we can exchange our weaknesses into strengths. So ultimately these are our opportunities.
The opportunities for SONERI bank are:
 On the job training & schooling sessions can be accompanied.

 Work membership activities should be started so that a person who is working
constantly for 9 hours can get ease.
 Marketing department should be started in order to encourage the name of
SONERI.
 Assessment should be accompanied frequently so that employees get inspired &
do their work as a trustworthy employee.
 Smart salary packages should be given.
Threats
Though Soneri bank has a strong stability and maintain a good number of trustworthy
customer, still bank has threats in various segments. The threats are usual such as:
52
 The conservative banks those having high growing rate and high market share are
continually being a threat.
 There is an regular not low turnover rate, mainly because of low motivations as
related to the other banks.

Future prospects of the Organization
Future prospects for Soneri Bank Limited
 The main future viewpoint of SBL is to open new branches
 Aim to capture new markets
 Expand their business further and more
 Establishment of data bank in soneri bank limited with latest technologies
 Inventions developing in the country regarding agro-food sector.
 Start new and more branches also in overseas
 Through the year 2015 Soneri bank limited plans to increase its network of branches
with attention on small and medium size business to boost its market share for better
results.
 Soneri bank limited has planned to add more delivery channels and applications to
the current ones.
 Strengthening of Human resource base both at field and controlling offices.
53
Conclusion
Soneri bank was incorporated on 28 September, 1991 as a public limited company. The
Bank now operates with 184 branches spread all over Pakistan including the Northern areas
where no other private bank has ventured so far. Central Office of Soneri bank is situated in
Karachi and Head office in Lahore.
Credit department issues short term and long term loans. Soneri Bank offers two types of
Finance or loans, fund based finance and non-fund based finance. Fund based finance includes
running finance, cash finance, term finance and demand finance. Non-fund based finance
includes letter of credit and guarantees. Like mobilization guarantees, bid bond, performance
guarantee, shipping guarantees and security deposit guarantees. Clearing section are performs
the clearing of cheques of collection and arrange the payment of cheque drawn.
In Soneri Bank Limited, Human Resources Department is an integral partner in Bank’s

Business operations and strives towards enhancing improving capacity for change, competitive
advantage, employee talents and employee commitment. One of the three wings in Human
Resource Department is dedicated for continuous training and development activities of
existing staffs as well as new staffs. Our main focus is to develop and implement strategies and
practices which create value for all our stakeholders, investors, clients, society and employees
as a whole.The position of SBL is not very strong as compared to some of the nationalized
banks. Many congratulations and thanks to all in SBL court road Branch wazirabad for their
cooperation and friendly help.
54
Recommendations
 Effective steps are compulsory to be taken for training course of the employees, that
they are set with up to date working knowledge of modern banking techniques.
 Management should also open new branches in rural areas to capture market share.
 SBL can enjoy attractive return on its funding base by investing in capital markets in
the overseas countries.
 Management should give their customer good markup rate.
 By passing time, automation of the transaction has been increasing by credit cards. So
Soneri Bank Limited needs to take instant steps for the probability study of starting
this service.
 If Soneri Bank Limited concentrating on advertisement it would be worthy for

organization, because advertisings makes people know about the products of Soneri
bank limited.
 If management Ssoneri Bank Limited giving the facility of night banking to its
customer. I think it would also attract the further bank customers.
 Soneri Bank Limitied has launched another division know as Islamic Banking. This
new feature will also attract a large number of people, who don’t want to deal with
interest behavior bank.
 Soneri Bank Limited needs to be updated so as to make it well-suited to packages

offered by the modern-day banks. This change will bring adjusted behavior of
employees toward their work, which could result in competence.
55
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Overview of the organization

“We provide innovative and efficient financial solutions to our customers”

“We are customer centric”

“We have high moral standards”

“We take ownership”

“We are proactive”

Particulars R.s in million

Total Assets 253,342

Total Liabilities 235,150

Share Capital 11,024

Shareholders' Equity (including surplus) 18,191

Profit before tax 3,596

Profit after tax 2213

Earnings per share before tax R.s 3.59

Earnings per share after tax R.S 2.01

Address: D.S 11B-313 Market Qurter, virjee stt, karachi

Lahore head of of the soneri bank limited is situated at

Address: 307 Mall Rd, Lahore

Islamabad head of is situated at

Address: Jinnah Ave, Islamabad 44000

Total staff strength:

STAFF STRENGTH (Numbers of employees)

Permanent 2,715 2,639

Temporary / on contractual basis etc. 38 28

Outsourced 923 857

Total staff strength at the end of the year 3,676 3,524

Products and Services:

1. Soneri Ikhtiar Business Current Account.

2. Soneri Current Account.

 Rupee Savings Accounts.

 Rupee Term Deposit Accounts

In addition to our traditional financing products, including execution of Finance, Treasury

 Corporate & Investment Banking

4) National bank of Pakistan

6) Habib bank limited

7) United bank limited

8) Standered charted bank

10) Muslim commercial bank

Commercial & Corporate & Head of Risk Treasury &

Compliance Human Marketing Finance Information

Financial manager for

Manager for financial

Finance assistance for the

Finance assistance for the

Management team Designation

 Mr. Mohammad Aftab Manzoor President & Chief Executive Officer

Management Committee Designation

 Mr. Mohammad Aftab Manzoor Chairman

 Mr. Mohammad Aftab Manzoor Chairman

Investment Committee Designation

 Mr. Mohammad Aftab Manzoor Chairman

Assets and Liability Committee Designation

 Mr. Mohammad Aftab Manzoor Chairman

Executive Credit Committee Designation

 Mr. Mohammad Aftab Manzoor Chairman

 Mr. Mohammad Aftab Manzoor Chairman

Credit Risk Management Committee Designation

 Mr. Mohammad Aftab Manzoor Chairman

Accounting system of the Soneri bank limited

Costing Purchase Sales Salary Book

Assistant Assistant Assistant Assistant Assistant

In finance system three functions is perform normllay

 Profit and Loss account

Sources and allocation of fund