Banking

1. Malik Waqas Ali Khan
CEO Malik Event Consultant
Lecturer GCMS Swabi
0300-9089318
malikwaqasalikhan@gmail.com

2. • Basic Definitions
• Introduction
• Acquisition of PICIC
• Products
• Consumer Products
• Deposit Product
• Services

3. Commmercial bank
It raises funds by collecting deposits from
businesses and consumers via deposits,
Saving deposits and term deposits. It also
provides loans to businesses and consumers.
Industrial Credit
It is a term in finance when a company
provides funds to any other firm in
Construction, Distribution, Manufacturing,
Mining, Transportation etc. or simply provides
funds for industrial use.

4. Investment Corporation
It usually purchases an asset, or equivalently
makes a deposit in a bank, in hopes of getting
a future return or interest from it. Promote and
support the development of the private sector
and the capital markets.

5. • PICIC Asset Management
• PICIC Insurance
• PICIC Commercial Bank

6. Introduction
• PICIC Commercial Bank Limited was incorporated in 1993 as Schon
Bank Limited
• It commenced its business on 4th April 1994
• In 1997, Al-Ahlia Company of The Sultan of Oman acquired the major
share and changed the Banks name to Gulf Commercial Bank
• In February 2001, the Banks management again changed when
Pakistan Industrial Credit and Investment Corporation acquired 60%
shares.
• Pakistan Industrial Credit and Investment Corporation changed its
name to PICIC Commercial Bank in May 2001.

7. Introduction
• In February 2001 PICIC Commercial Bank had only 15 branches.
• Now they have 128 Branches in 48 cities.
• It is now the 6th largest bank in Pakistan after 5 nationalized and
privatized banks.

8. Acquisition of PICIC
NIB Bank has recently acquired a majority of
PICIC largest share holder and through the
acquisition of PICIC, NIB has also gained control
of PICIC Commercial Bank, PICIC Asset
Management Company, PICIC Insurrance Ltd and
PICIC Exchange Company.

9. Consumer Products
• Easy Pic Car Financing
• Picic Sahulat Loan
• House Financing
• Talimi Loan
• PowerPic - Balance Transfer
• Motorcycle Financing

10. • All brand new Pakistan assembled /
manufactured cars and reconditioned
(Japan Assembeled) unregistered cars
can also be applied for Financing.
Easy Pic - Car Financing

11. • Application for Housing Finance may be
accepted from salaried or self employed
persons subject to completion of certain
conditions given below.
House Financing

12. • Talimi Loan Plan offers the most
convenient and cost effective financing for
quality education of your children. This
Scheme is designed to facilitate students
of approved educational institutions in
paying their semester fees or admission
fees.
Talimi Loan

13. • PICIC Commercial Bank offers the
PowerPic facility - the convenient and
easy way to settle your Credit Card dues
at a very nominal markup rate.
Balance Transfer (BTF)

14. • The Motorcycle Financing facility offered
by PICIC Commercial Bank provides
consumers the opportunity to purchase
brand new motorcycles manufactured /
assembled in Pakistan for their personal
use
Motorcycle Financing

15. • Picic Millennium Account
• Picic Shishmahi Munafa
• Picic Sahmahi Munafa
• Picic Term Deposits
• Picic Mahana Advantage
• New Foreign Currency Saving Accounts
Deposit Products

16. Shishmahi Munafa
Profit paid Six monthly
Mahana Munafa
Profit paid monthly
Millinium Account
Profit paid every year but a minimum balance of
requirement = Rs. 1,000,000/-.

17. Profit paid Quarterly
Sahmahi Munafa
Foreign Currency Saving Account
PICIC Term Deposit
The Term Deposit scheme pays profits on maturity
of the deposit
Interest rates on New Foreign Currency Saving Accounts
for the month of May 2007

18. • Online Banking
• Tele Banking
• Mobile Banking
• Debit Card / ATM Card
• Call Center 0800 50000
Services