Rosa Parks Essay - 945 Words

You May Do That The evening of December 1, 1955, one single woman changed the lives of many people and the way that they would continue to live. Rosa Parks exhibited one womans courage and strength to stand up for what she believed in. Mrs. Parkss decision to remain seated and go against the Believed way sparked the beginning of the American Civil Rights Movement. In this paper I will discuss Rosa Parkss background, her decision against standing up, and how she started the beginning of the American Civil Rights Movement. Racism had tainted her life from the very beginning. During her childhood she attended a one-room school for blacks only. She was only allowed to attend school for a short time due to the ailing health of†¦show more content†¦Together, they had the power to overthrow statutory racial oppression and to change a nation (The Immovable Rosa Parks). Mrs. Parks entered the bus, paid her fare, and took a seat in the middle section of the bus. The back of the bus was deemed the colored section, the front was considered the white section, and the middle section was for either race, however if a white person needed a seat, the black person was expected to give up their seat immediately. The bus made three stops a white man entered the bus and needed a seat, the three other black got out of their seat immediately, but when the driver ordered Rosa to get up she firmly stated no, Mrs. Parks once stated that people always say that I didnt give up my seat because I was tired, but that I didnt give up my seat because I was tired of giving in. According to Rosa Parks, Mrs. Parks had meant to do no more than show one rude bus driver that blacks were being treated unfairly. She wasnt the first black to ever refuse to give up her seat, but her action had consequences. After she refused to give up her seat on the bus, the driver threatened to have her arrested, Mrs. Parks simply stated, You may do that. The policemen clearly didnt want to arrest her, but law forced them to. In the words of biographer Douglas Brinkley Rosas refusal to back down made her ‘the spiritual essence of the civil rights movement. Her decision showed thatShow MoreRelatedRosa Parks1690 Words   |  7 PagesRosa Parks, Causes and Consequences in her decision to change Black Civil Rights. Rosa Louise McCauley Parks was a black African American woman who was a civil rights activist. Rosa Parks was the â€Å"first lady of civil rights† she made a name for herself in history on the first of December 1955 while riding on the Montgomery Alabama bus. Rosa refused to give up her seat to a white passenger who had no where to sit as the bus as it was full. Even though Rosa was sitting in the right colour sectionRead MoreRosa Parks2265 Words   |  10 Pagesmight not think Rosa Parks was a significant black women and that she was just another black lady, she did a lot for African Americans, by helping blacks and whites unite. Through her courage of staying on that bus, she had proven a lot to the whites about blacks and what they are capable of doing. She not only changed history, but she also made a name for herself, because she stood up for herself and showed the whites we are all equal and should be treated and one kind. Rosa Parks had a humongousRead MoreRosa Parks Essay1897 Words   |  8 PagesThroughout the African American civil rights movement opportunities were sought to spark a chance at improving conditions in the south. Rosa Parks refusing to give up her seat on the Montgomery, Alabama bus was the fire to that spark. Rosa, standing up for herself something anyone person in today’s world would do, was arrested and put in jail. While Rosa was in jail she caught the eye of many people in the Civil Rights Movement, including the leaders. The Civil Rights leaders protested her arrestRead MoreThe Courage Of Rosa Parks1566 Words   |  7 Pages1101 April 19, 2016 The Courage of Rosa Parks ‘’Each person must live their life as a model for others.’’ (Rosa Parks) Rosa Parks was tired of the way African Americans were poorly treated. She took a stand by not obeying a demand to give up her seat to a white passenger on a Montgomery bus. Because of her bold action she became a model to millions. Parks was an African American woman who became known for her bravery, which helped to change the nation. ‘’Parks spent most of her life fightingRead More Rosa Parks Essays3107 Words   |  13 PagesRosa Parks Forward Rosa Parks’ courage to stand up for rights as a citizen of the USA inspires me to this day to stand up for the ideals of freedom justice for all. Rosa Parks influenced many northerners lawmakers to look squarely at the discrimination victimizing Alabama’s black people, and work to correct injustice. A vital democracy requires citizen participation! The civil rights movement must continue today as immigrants, especially Arabs and Arab look-alikes are victims ofRead MoreRosa Parks Biography1005 Words   |  5 Pagescomfortable environment of peace.† (Achievement, 2010) This quotation embodies Rosa Parks’s philosophy as a person. Rosa Parks is a great example of that philosophy because of what she did. On December 1, 1955 Rosa Parks was coming home from a tiring day at work and was sitting on the bus. At that time the law was if a white person needed your seat, a coloured person would have to give up their seat for the white person. Mrs. Parks was tired of this way so she refused the bus drivers request and that smallRead MoreIs Rosa Parks a True Hero2506 Words   |  11 PagesRosa Parks-A True Hero A hero is a person, typically a man, who is admired or idealized for courage, outstanding achievements, or noble qualities. Despite what some may argue, Rosa Parks is a perfect example of a Civil rights hero. This can be seen not only through the famous Montgomery Bus ride, but also through other examples where she showed courage, made achievements, or proved herself to have noble qualities.1 These include: Sparking the Montgomery bus boycott, helping the formation of theRead MoreRosa Parks and Her Courage1341 Words   |  6 PagesRosa Parks and Her Courage â€Å"You must never be fearful about what you are doing when it is right.† This was said by Rosa Parks. She was an enormous inspiration to the African American Race. She was one among many who lived in a rough time for African Americans. She lived in a time when equality wasn’t really equal. When African Americans were scared/ weren’t allowed to state their opinions on different matters. However, Rosa Parks was an individual who stood up for herself. Rosa Parks helped theRead MoreA Brief Biography of Rosa Parks618 Words   |  3 Pagesyou ever heard of Rosa Parks? She stood up for rights of black people. If it wasnt for Rosa we wouldnt be able to go to the same school with some of the friends we have today. She never stopped on what she believed in. She was one of the people who started the bus boycott in Alabama. In this biography you will learn about Rosa’s childhood, adulthood, and greatest accomplishments. Lets learn about Rosa and what lead her to s tanding up for herself and others in a big way. Rosa Parks was born FebruaryRead MoreSpeech About Rosa Parks1139 Words   |  5 PagesI will be talking to you about Rosa Parks. Civil rights activist Rosa Parks was an African American woman whose bravery helped launch nationwide efforts to end segregation of public facilities(History.com). These efforts given by her helped our society we now know. Rosa Louise McCauley also known as Rosa Parks was born February 4, 1913, in Tuskegee, Alabama. She grew up with one brother Sylvester and shortly after he was born her parents separated. Growing up Rosa had lived with racism in the south

Fashion Trends Shaped by Economic Issues Essay - 984 Words

The 1920’s, also called the roaring 20’s, was a time of change. During this time period the fashion for both men and women was changing immensely. The aftermath of WWI caused America to enter a vigorous era. As a result of the role of women during the war, many customs and morals were changing. The Stock Market started booming, many new dances and music came about, and women got the right to vote and enter the workforce. There was an uprise in almost every activity, and fashion was definitely one (Tirocchi, Anna and Laura). Although fashion varied throughout the decade, one could notice a drastic change from the prior fashion. There were many factors, like said above, that played into the changes of the 1920’s. As a result of World†¦show more content†¦It wasn’t until the 1930s that ready to wear clothes became available with multiple fabrics. Fabrics started to become more elaborate. They could now be embroidered or have prints and design s. Many women began to wear scarves with fringed edges. This was when beaded designs, bright colors and fringes became popular on dresses too (Hossell). Like clothing, the 1920‘s also took a great tole on women’s accessorization, the use of cosmetics, and tanning. Some popular accessories girls wore were long strand of pearls, bangles, dangling earrings and furs. The strands of pearls were normally looped a few time around the neck. Long straight fur coats without curves became very popular (Women’s Fashion Accessories). Women began getting their eyebrows thinned to emphasize a younger face. They started wearing make up around the eyes to make them look larger. Lipstick became popular to accent the upper lip and depth of the lower lip. Because women wanted to change their look with makeup, the makeup market started booming during this decade. Although you could buy makeup, few women still made their own makeup. They used soot for eyeshadow and petroleum jelly mixed with soot for mascara. Women began to wear heels, the most popular being the ankle-strap cuban heeled shoe. They wore brimmed hats, such as a cloche hat to finish their look. Later in decade, more headbands with feather were being worn instead of brimmed hats. This look coming from theShow MoreRelatedFashion in the 1950s1437 Words   |  6 PagesFashion in the 1950s had spawned a wide variety of styles with elements of originality as well as new distinctive styles, which had added a classic new age twist to the history of European fashion. Recovering from the catastrophic tragedies from the Second World War, the fifties had given hope to the people and also a new start of life of many people to choose their future freely. Due to the massive recover of the economy, the technological advancement allowed mass production of clothing in the fiftiesRead More Response to The Damned and the Beautiful: American Youth in the 1920s 1408 Words   |  6 Pagesand economical iss ues of the early twentieth century, youth played an active role in contemporary life. Adolescents responded to issues through altering their habits, behaviors and viewpoints. Their responses became evident in the public setting and American culture evolved. The transformation of American culture was spearheaded by youth who questioned and went against cultural norms of past generations. Societal changes were visible through family, education, socialization, fashion and style andRead MoreEssay The Creation of Modern Dating1271 Words   |  6 PagesA quote taken John McKeon which served as a very accurate representation of teenage life and culture in the 50’s. But, of course, the teenagers didn’t care about the rules in this decade, especially in North America. With newfound freedom from an economic boom after WWII which didn’t require teenagers to work anymore, teenagers, with a lot more free time, did all sort of things like listen to â€Å"rock n’ roll † and â€Å"bop† or go dating or adoring black rock stars, all of which were considered â€Å"rebellious†Read MorePolitics And Popular Culture During The 1960s1279 Words   |  6 Pagesthey were. America in the 1980s was inclined to challenge authority and tradition, as the people were vibing with attitude and vivid thoughts. This newly found confidence was introduce with the electron of Ronald Reagan, generating both social and economic change. Reagan’s restoration of the economy gave the people a sense of relief, allowing them to avail a life of extravagance and prosperity. As a result, pop culture conquered the scene. Politics and popular culture had a great influence on one anotherRead MoreThe Events Of World War I1245 Words   |  5 Pagesprogressive, while other parts remained true to right wing beliefs, and as a result, coexistence proved to be too difficult. While Germany was having its own civil issues stemming from internal unrest, outside fact ors would also greatly influenced the crises which would call into question the future of Germany. Although one single issue cannot be determined as the sole cause of the crises, the major influences which factored into the upending of German society can be narrowed down to the Treaty ofRead MoreEnvironmental Challenges Facing The American Auto Industry820 Words   |  3 PagesHow the Economic Downturn is Affecting Automakers The countrywide automotive industry in USA are changing the expense of recyclables upwards almost 50 % and the declining US dollar are growing pressures During U.S. exports have become appealing, other lands are waging a cash war to stop their moneys from dropping. Another factor influencing national automakers is the expanding demand for high tech equipment -fostering increase in exports and creation by 10% to 30%. The interest rates, money, increaseRead MoreThe First Data Collection Method1035 Words   |  5 PagesThe first data collection method I will use in order to help answer questions regarding economic and environmental effects of organic farming and their implication for future sustainability is the ethnographic methodology. By utilizing previously published sources whose data collection was focused on participant observation will allow me to keep a lens focused on the actual people within these rural areas. It would be difficult to collect primary data within one schoo l semester but being able toRead MoreWalmart : An Organizations Internal And External Environment1363 Words   |  6 Pagesnegative publicity. Within the store these is sometimes little product differentiation making it difficult for customer to get exactly what they desire. Some opportunities available for Walmart externally are the rising acceptance of private label, trend of healthy eating, and increase in online shopping. Walmart is currently working on growing on the opportunities though their strategic management. Threats that are external to the company are the increasing competition and resistance from local communitiesRead MoreCritical Analysis: Handbags and Wallets1271 Words   |  6 PagesSWOT ANALYSIS CRITICAL ANALYSIS OF THE CASE Strengths †¢ Extremely popular / High reputation †¢ Already has an established customer base and market share †¢ On growth stage on the Product Life Cycle †¢ Tania’s skills and inner instinct for fashion and trends; she is a talent oriented person †¢ Droning on differentiation, segmentation and positioning †¢ If able to compete with other companies, it will acquire a greater market share CRITICAL ANALYSIS OF THE CASE Weaknesses †¢ It is a smallRead MoreThe Impact of Hollywood in American Society1568 Words   |  6 PagesUnited States and received 80 percent of the revenue from films shown abroad. (SOURCE) Unfortunately Hollywood had also come to symbolize â€Å"the new morality† of the 1920s. It was a mixture of glamor, extravagance, and fun which would lead to economic trouble years later. The rise of mass culture impact became crucial in this time. The spectors were highly influenced with what they saw in the films. For some people the 1920s saw a new morality symbolized by the flapper who danced to jazz,

Theoretical Analysis Community in the 21st century Free Sample

Question: Theoretical Analysis Community in the 21st Century. Answer: Community Work (Social Work) Bernick and Cervero argue that people who share similar customs, beliefs, cherish the same values, and religion forms a community. At times the people in a community live in one place. It implies that they share the same geographical location. There are various connections between the people that tie them together thus impacting the sense of togetherness in them. The relations between the people are responsible for keeping them glued to each other. Social ties compliment the feeling of belonging to a group of individuals who belong to a given community. The relationships are vital in the practices that take place in each social setting. Even though most communities are associated with small groups of people, others are affiliated by large masses of individuals. They include the international communities and the national communities. Bernick and Cervero propose that community works have been in existence for many years. They are the work done to benefit humanity at a free charge. They are done by groups of people or associations that do not seek profits from their work. The work being done by these unique groups have led to developments in the community. The activities done by the social groups are many. They include counselling, advocacy, information production and distribution among others. The groups involved in social work include non-governmental organizations, non-profit organizations, and community organizations, incorporated and unincorporated organizations among others. On the other hand, community development is the state in which the members of a community join hands to perform a similar task (Innes, J.E. and Booher, 2004, p.420). The actions taken are usually meant to bring about solutions to the challenges facing the community. In the twenty-first century, community development is perceived as the gl obal network formed by scholars and other practitioners in various fields which seek to promote sustainable development, justice among the people, opportunities in the economic sector and the rights of every human being. There are different ways in which the social and the technological changes have shaped community development. Bernick and Cervero, are for the idea that the social changes have impacted different fields in the lives of people across the world. The change has touched areas such as globalization, poverty levels, inequality, women issues, diversity in cultures, and the rights of the people. Community practices are managed by organizers in the communities, program developers, and the leaders in the community, researchers and the policy makers of the land (Innes, J.E. and Booher, 2004, p.425). Social development has enhanced families acquire skills to sustain themselves. Networks have been formed to increase individual capacities as well as those of different organizations. One of the ways through which social change has influenced the community is through populations. The distribution of the population has occurred for many years. In the 21st century, the developing countries have become the nations with the largest shares of the world's people. Dale and Hill argue that the patterns of the work being done by men and women have been altered hence in most countries across the world the gender does not dictate the action to be executed. The population is determined to make the countries economically stable. It implies that both sexes contribute largely to the social change. The variations in the social relations among people have changed the concepts of community. The forms of relationships among people influence how they behave towards each other. The interactions control the actions taken by the people. Social behaviours dictate people`s social lives because they perform every action with a goal. The objectives suggest that a community has the aims that it wishes to achieve in a given period. Technological changes have influenced the concept of community in many ways. Bulmer suggests that the community is viewed as an avenue where information can be collected easily. The advancement in the mechanization of producing improvised gadgets that gather information has made people seek for data using modern products and devices. Using mobile phones has posed a threat to the communities as people are being disconnected from their communities. The members of the community see the changes in technology as a positive way of developing the economy. Communities have advocated for the use of modern means of production because they tend to improve the quality of life (Campbell, 2014, p.48). The leadership of many countries has become easy to monitor using the advanced technology. It is because the governments are applying the technology to in implementing some services to the people. On the other hand, some people in the communities have found out that the use of the modern technology has led to increased unemployment, destruction of the environment and disruptions of families (Carlsson and Nilsson, 2016, p.1118). Studies made have proven that the old and the young in the communities agree that modern technology creates problems in the societies. It is because people spend less time with their family members. Surveys propose that teenagers are more involved on their devices such as mobile phones, laptops, and video games. According to Stein, the old generation of people does not agree that technology has helped much in the communities. For instance, the old view using phones to communicate less efficient to applying the face-to-face method. They suggest that using phones is just like hiding behind a phone. The Heartland Monitor poll suggests that the attitudes of people regarding the issue of modern technology as negative. It is because the use of digital computing and communications has made people glued to their devices. This has interfered with how people socialize. The situation has reshaped the community life since community practices have been impacted. The forms of community practice incorporate community organizing, social planning, management of the human work, developments in the community among others. In the current times, community practices are based on economic developments, urban planning and public relations among the people. Different forms of religions have been crafted to suit the needs of individuals in the communities (Laurence and Bentley, 2016, p.55). All the religions differ in the values they uphold and have changed compared to the traditional religions that were there in the past. People have embraced new rights compared to the customs that were present in the old times. Communities have come up with strategies to manage disasters and problems whenever they occur (Campbell, 2014, p.56). For instance, in Japan, there are community-based disaster management systems that have formulated to combat problems that arise in the country. The idea was implemented because there have been many cases of the natural disaster facing the country. CBDM has managed to deal with floods, fires, droughts; building collapses among other tragedies that have been witnesses in the country. The new method was from the village system of the old Japan. The process and the mechanisms of the community-based disaster management apply new techniques. All the problems being handled by the emergency management improve the social policy. Rochester, Paine, Howlett, Zimmeck and Paine (2016) argue that various fields of policy within governments in providing social services to the citizens have been enhanced to promote the development of the social status. The quality of lives among the people is improved through using the stipulated guidelines and the activities that influence human welfare. The School of Economics in London recognizes social policy as a discipline that analyses societies and the social needs of the people in a given community. Nowadays social policy is perceived as a study and not a discipline by most scholars. It is because it has evolved with time. In the olden days, social policy was based on the aims and goals behind it. For instance, for one to minimize the levels of poverty one had to provide avenues for self-development Economic growth was also a target that could reduce poverty. Mandell, N. and Johnson suggest that the social security systems were grouped using their models of intervention. The systems focus their attention towards universal principles. Countries such as Sweden focus its attention towards assisting the poor in the society. The needs met by the social policy include education, health care services, housing, and security in the economic sector of the people. The social well-being in the system covers the entire well-being of the population in a given country as well as eradicating poverty (Honig, Lampel, Siegel and Drnevich, 2017, p.86). In the U.S, the religious and the scientific ideas have influenced social policy. The government has invested in creating jobs for the people to promote the economy by using different projects. Various Acts in the constitution caters for the every child to receive an education. An example is the No Child left Behind Act that was proposed a president as an education plan that would promote education for all. It is a program that ensures that each child gets the necessary skills needed for sustainability. The policies have led to people conducting research to establish how social and technological changes have shaped the community. Researchers have been employed in different fields such as science, especially in medicine. It is because the members of the communities require information that they can rely on to make sound decisions. The methods used by researchers are based on different projects that have specific aims and agendas (Honig, Lampel, Siegel and Drnevich, 2017, p.89). The studies are meant for diagnosing conditions in a community, executing a given prescription on a challenge facing a community or assessing the impact of the implementation of the order. Research is conducted using different stages for it to bear positive results. Each stage plays a vital role in establishing the solution to a problem challenging the community. The outcome of the study relies on the reliability and the validity of the information gathered by the one performing the research. The Community service workers and the professional personnel involved in conducting research come with guides to implementing the changes they recommend to the communities (Honig, Lampel, Siegel and Drnevich, 2017, p.82). Scholars, community development staff, and the activists find research to be more efficient. It is because research provides better mechanisms to apply in dealing with problems facing the society. Project based research improves the democracy of a group of people by issuing ways through which people can share duties and power. Community workers always aspire to make a difference whenever they perform research. Political decisions are influenced by the changes in the community. Joined people advocate for particular issues and decisions. The knowledge in the social changes is focused on the policies of the government as well as the laws passed by the legislature. Taylor suggests that variations in the community have made people take up the responsibility of leading others in the governments. The issue of representation has been debated for many years in most nations around the world. The people representing others are making advancements in the way community work is conducted in the countries. They are doing so through the formation of laws and policies that govern the way services are provided to the people. Gilchrist, and Taylor argue that lobbying involves the person who makes decisions on political grounds and the decisions that a community or an individual is concerned about every day. Lobbying targets right decision making in people. Nowadays, some policies stipulate the direction whic h lobbying is done. Disability issues must be catered for when lobbying is being done. Various factors have shaped and reshaped the concept of community. Climate is one of the factors that have shaped the idea of community. The change in the climate has made people devise ways of dealing with the adverse conditions in the world. Green and Haines argues that the change in the values of the citizens has compelled them to make drastic shifts in the way they behave. The technology has fostered community developments. Advanced levels of technology have made people more productive in many aspects. Education systems are also responsible for shaping the community. The application of formal education has empowered people`s abilities to come up with better methods of doing things (Laurence and Bentley, 2016, p.61). Simpler techniques that have made the world a better place to live in have been created by using modern tools and equipment. Community work has become an avenue where people`s lives n are made better by incorporating new ways of detecting community problems. Freedom and justice among individuals have resulted in people to enjoying different standards of living. Involvement in Democratic leadership and being respected by others influence how people carry themselves in the community. The emotions of citizens in a given community dictate their behavior thus defines how a community should be perceived. References Bernick, M. and Cervero, R., 1997. Transit villages in the 21st century. Bulmer, M., 2015. The Social Basis of Community Care (Routledge Revivals). Routledge. Campbell, C., 2014. Community mobilisation in the 21st century: Updating our theory of social change?. Journal of Health Psychology, 19(1), pp.46-59. Carlsson, E. and Nilsson, B., 2016. Technologies of participation: Community news and social media in Northern Sweden. Journalism, 17(8), pp.1113-1128. Crow, G. and Allan, G., 2014. Community life. Routledge. Dale, A. and Hill, S.B., 2001. At the edge: Sustainable development in the 21st century (Vol. 6). UBC Press. Gilchrist, A. and Taylor, M., 2016. The short guide to community development. Policy Press. Green, G.P. and Haines, A., 2015. Asset building community development. Sage publications. Honig, B., Lampel, J., Siegel, D. and Drnevich, P., 2017. Special Section On Ethics in Management Research: Norms, Identity, and Community in the 21st Century. Academy of Management Learning Education, 16(1), pp.84-93. Innes, J.E. and Booher, D.E., 2004. Reframing public participation: strategies for the 21st century. Planning theory practice, 5(4), pp.419-436. Laurence, J. and Bentley, L., 2016. Does ethnic diversity have a negative effect on attitudes towards the community? A longitudinal analysis of the causal claims within the ethnic diversity and social cohesion debate. European Sociological Review, 32(1), pp.54-67. Mandell, N. and Johnson, J.L., 2016. RACE, CLASS, AND SExUALITY. Rochester, C., Paine, A.E., Howlett, S., Zimmeck, M. and Paine, A.E., 2016. Volunteering and Society in the 21st Century. Springer. Stein, M.R., 2015. The eclipse of community: An interpretation of American studies. Princeton University Press. Taylor, D.C. and Taylor, C.E., 2016. Just and lasting change: When communities own their futures. JHU Press. Wilken, R., 2014. Teletechnologies, place, and community. Routledge.

A Christian Worldview Essay free essay sample

Since the problem of the world is the rejection of truth, I think understanding what truth is is important. I believe that truth is whatever affirms reality as God sees it. So for anything to be true, it has to match with that definition. â€Å"I’m the way and the truth†¦Ã¢â‚¬  John 14:6. They only way to truth is God. Man had totally lost the touch of reality and put themselves in the state of common insanity. And this is the reason Jesus was born; â€Å"to testify to the truth† John 18:37. Without truth man is unable to find the presence of God. For salvation is when a person accepts God truth as reality. Even though people rejected the source of truth, they still want to know what is real. Man has before himself a lot of big philosophical questions. What is reality? What does it mean to exist? If I exist, why do I exist? How do I know I exist? What is the purpose of life? The answer to these questions affect the way man view self and others. Naturalism believes that only nature; what you can see, touch, and feel, exists. They believe that the world is a Cosmic Cube; everything is inside the cube, and nothing behind it. They take God away from the picture. The implications to the naturalistic philosophy are that there is no God or purposive forces; no free will; no life after death; no real meaning of life. Utilitarian is to believe that you should do what you think is good. So according to these philosophies, man is free to do anything as long as he thinks it is good. Still away from the truth, people want to know what is right and wrong. Ethics is the study of what is right and wrong. Man is trying to find what is right and wrong based on what most people think. Some people believe that there is no absolute true. Man fails to find the answer to the big questions in their philosophy of naturalism and postmodernism. I believe that man has been created dualistic, at the image of God and innocent. Then man sinned, and sent to the fallen mode, which lead to hell. The only way for man to get out of that mode is to accept the truth, and go the redemption mode where they will be either glorified of sanctified. But the naturalistic philosophy teaches that man is rather monistic; made only of the body and have no free will. Abraham Maslow said that the higher need that man can reach is the self-actualization; the need for development and creativity. There is no supernatural power according to the naturalistic philosophy. Philosopher such as Abraham Maslow and Carl Rogers said that human is good by nature. Carl Rogers said â€Å"Evil is not inherent in human nature. † If human is good by nature, then why does evil is found at every corner of the world? What those philosophers are saying does not make any sense. Where does evil come from if it is not inherent in human nature? â€Å"Human is good,† Abraham Maslow said, â€Å"but religion, culture, made him bad, by making him feel guilty about what he wants to do. † In a secular worldview, evil come from anything that hold man back from his desire. So Christianity is what they blame for the existence of evil. Theology is the study of the existence, nature, and attributes of God. It is impossible to completely describe God, but I believe that knowing God is very important. When we come to know God, we have a better knowledge of ourselves. We then realize how small we really are and how big and powerful God is. When we know God we have a good self image, not because of what we are or have, but because God in is infinite power cares about us and want to develop a relationship with such tiny particles as us. From the Apostle Paul perspective, knowing the nature and the person of God is the highest goal a human can pursue. Nothing is more important than knowing God. Knowing God is eternal life; the relationship, the personal communion with God. But rather than looking for a relationship with God, people are trying to destroy God and His word. But every thing will pass away, and God’s world will stay eternal. The Jesus Seminar was founded, and their goal was to prove that the bible is not true. Many attempts were made by culture to destroy God’s word. Science is the systematic study of the natural and physical world based on observation and experimentation. Using science, people are trying to understand the world. But how can they understand the world if they don’t know how every thing came to existence? Scientists have to either believe that cosmos has a beginning or it has always existed. With God pulling out of the picture, it makes a problem to believe that cosmos had a beginning. If it has a beginning, then there have to be the existence of a great Designer. A conflict between design and randomness take place. Can we believe that there are scrabble letters dropping at a table trying to make a phrase? I think it is impossible to get anything like that out of chaos. â€Å"Time makes all things possible† Wald says. A hypothesis is an educated guess. When a hypothesis is tested, and proven true by experience, it became a theory. If it keeps proven true overtime, it becomes a law. Darwin’s theory of evolution believes that complicate creatures are from simple creature revolutionized over a long period of times. In this theory, man is considered a descendent of animal revolutionized over times. Can we accept that all the living creatures are results of evolution? If man is nothing more than an animal, then there are no needs of doing goods for other, no meaning of life. Could some pieces of metal revolutionized to make a computer? Considering Paley’s argument; if someone is walking on a forest and find a watch on the ground, would any one assume that it has been made by the forest? Nature is sure too complicated to be a result of evolution. Darwin’s theory is clearly nonsense. But Francis Crick says that Biologist must constantly keep in mind that what they see was not designed but evolved. Nature is sure too complex to develop little by little. The human body is composing of tiny little machines, each with their roles. In each little cell, there are some tiny machines perfectly design for the function of the body. The molecular biology proves the existence these machines find inside a cell; the most compelling evidence of design. Molecular biology is the study of the molecule’s life. I believe there is an intelligent being that created every thing and put the order for each ones. Each of these tiny machines is working in the cell, each ones with its proper duty. They all works in such an order like a big factory. Can we say they are resulting from evolution? This is the irreducible complexity. The theory of directed Panspermia says that the first living cell must have been transported from another planet outside our solar system, then through evolution, transformed to become a man. Icons of evolution are pictures used to prove evolution. They try to show how man, having some similar muscles structures with animals is a proof of evolution. The first living cells must have been transformed into billions form to give man. They cannot even prove the existence of these billion structures. According to the theory of punctuated equilibrium, evolutions are steps. From Luvtrup’s perspective; one day, the Darwinian myth will be ranked the greatest deceit in the history of science. When we don’t know where we came from, we also have no idea where we are going. Knowing where we came from also help understand where we are at and why. To know where we came from, History is our help. I think History is very important because it tells us who we are and makes us understand where we are going. Karl Max said â€Å"without History we are lost. History is a heritage that should be keeping carefully. When we are looking at the face of God, His nature, it tells us that History is important. The Bible tells us of how important History is to God. Joshua chapter 4; God asked the Israelites to pick up twelve stones from the Jordan River, and the objective was to help them remember where they came from. He also commands them to celebrate many feasts in order to remember what He had done for them. And the result whenever they forget what God had done for them and where they came from, they went worshiping idols. What is the reason for many things we see today? We can only understand them through History. History quiz is to demonstrate how you view the present, based on what you learned from the past. Because History affects how we understand the present, if we don’t know our History we will easily believe any lies; â€Å"Because people without heritage are easily persuaded. † There is a power in Historical Revisionism; because by changing History, you can control someone’s thought. I believe that History is God’s story, and there is a metanarrative; a big story that tied everything together. The Pilgrims believed that we are part of a bigger picture. So life is more than just me and you. I believe that is in charge of every thing, He gave us the abilities to make choice, but He still in control of our life. People tried to change the significance of History, they say History is rather a tool and there is no metanarrative, no big picture, and God is not in control. â€Å"For God is not a God of confusion but of peace†¦Ã¢â‚¬  1 Corinthians 14:33. God created the heaven and the earth and all creatures. As God is a God of order, His divine imprint is found in all of His creatures. We see Mark of God everywhere, in all relationship, in all creatures. Every thing that God create, He put a specific order on it. The blood cut, the chicken egg, the water recycling system; they are all example of God order. Life is all about relationship. After God created man, He saw it not good for man to be alone, because God is the God of relationship. God created a companion for man, and set up a social order based on Him. God has set up an order of relationship on everything. Scripture tells that disorder is found where there is ambition, jealousy, and selfish: James 3:16. For unity and relationship is part of God’s nature. The Trinity shows God’s relationship nature. The three members; God the Father, the Son, and the Holy Spirit, all united together in a perfect order to make one. I think that the relationship between the three members that form the Trinity should be an example in all relationships. God is the head, the Son submits to the father, and the Holy Spirit is from the Father and the Son. This same order is to be in the church and in the family. The husband is the heads of the wife just like Jesus is the head of the church. Christ loved the church and gave Himself up for her, so the husband must be to his wife. And as the church submits to Christ in every thing, so the wife have to submit to her husband. So God created a specific way that family and church should operate, and it is based on His own character. The relationship between God and Man is a mystery, we cannot fully understand it. When we accept Christ as our savior, we come to have a relationship with God. This relationship is more than friendship, God come to live into our heart and become part of our body. We now become one with God. Just like The Father is in Christ and Christ in the Father, so Christ is in us and us in Him. We become one with Him; this is the mystical union. Christ is the head of the church, and every believer is a member of the body. 1 Corinthians 12:12-30. The same mystery also exists in the family. Ephesians 5:31 â€Å"Therefore a man shall leave his father and mother and hold fast to his wife, and the two shall become one flesh. † The husband and the wife become one flesh, one body. This is as hard to understand as the relationship in the Trinity. God the Father, The Son, and the Holy Spirit are all one together. John 14:20. I believe that the way you sees the present is based on what you learned from the past, and believe. The way you see the present affect how you view others and self. I believe that God is the only source of truth. I believe that God is omnipresent and omnipotent. God is in control of History, He is telling the story from the beginning to a definite end. I think that the entire world crisis is because the world is not abiding in the truth. People don’t know where they came from, they don’t know the big History of earth, and they are lost. More we get away from the source of truth, more we believe any lies, and more our society decay.

Report on UBL Essay Example

Report on UBL Essay Executive Summary UBL is the second largest bank of Pakistan with assets of over Rs. 550 billion and a solid track record of forty six years in addition to the convenience of over 1400 branches serving its customers throughout the country and also at several overseas locations. In this 8 weeks internship program I have worked in Regional Credit Administration Departments (MIS section, Processing section, Documentation section) of this high class bank of Pakistan where I have learned about banking from experienced managers running these sections. During my internship I have found that in banking sector concentration and consistency is of utmost importance. Your little mistake can create a big problem. I have been worked in credit administration department for eight weeks, two weeks in Processing section, two weeks in Documentation section and four weeks in MIS section. This report contains the information and learning about UBL that I learnt during the 8 weeks internship period in United Bank limited. This report deals with Credit Administration Department in which I worked. Recognizing the need of Islamic banking, UBL also provided number of Islamic banking services like Islamic Deposit Schemes and Islamic Fund Based Facilities. At the end of the report, on basis of my observation during internship, financial analysis and SWOT analysis of UBL is provided. Suggestions are also recommended as per learning from analysis. This report will provide a better and brief learning about United Bank Limited. Background of Organization [pic] History of Banking â€Å"Bank is a pipeline through which currency moves into and out of circulation. Bank accepts deposits and repays cash to its customers on their demand. The Bank borrows money at a lesser rate of interest and lends it to the borrowers at a higher rate. It is thus a profit-lending concern. Bank cannot lend all the money that has been deposited with it. It has to keep a certain portion of the total deposits in cash with them in order to meet the cash requirements of the individuals and business concern. Banki ng History Word Bank is said to be derived from the words Banc us or Banque or Bank. The history of banking is traced to as early as 2000 BC. We will write a custom essay sample on Report on UBL specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Report on UBL specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Report on UBL specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The priests in Greece used to keep money and valuables of the people in temples. These priests thus acted as financial agents. The origin of banking is also traced to early goldsmiths. They used to keep strong safes for storing the money and valuables of the people. The persons who had surplus money found it safe and convenient to deposit their valuables with them. The FIRST STAGE in the development of modern banking, thus, was the accepting of deposits of cash from those persons who had surplus money with them. The goldsmiths used to issue receipts for the money deposited with them. These receipts began to pass from hand to hand in settlement of transactions because people had confidence in the integrity and solvency of goldsmiths. When it was found that these receipts were drawn in such a way that it entitles any holder to claim the specified amount of money from goldsmiths. A depositor who is to make the payments may now get the money in cash from goldsmiths or pay over the receipt to the creditor. These receipts were the earlier bank notes. The SECOND STAGE in development of banking thus was the issue of bank notes. The goldsmiths soon discovered that all the people who had deposited money with them did not come to withdraw their funds in cash. They found that only a few persons presented the receipt for encashment during a given period of time. They also found that most of the money deposited with was lying idle. At the same time, they found that they were being constantly requested for loan on good security. They thought it profitable to lend at least some of the money deposited with them too the needy persons. This proved quite a profitable business for the goldsmiths. They instead of charging interest from the depositors began to give them interest on the money deposited with them. This was the THIRD STAGE, in the development of banking. By experience the banks came to know that they could keep a small proportion of the total deposits for meeting the demands of customers for cash and the rest they could easily lend. They allowed the depositors to draw over and above the money actually standing to their credit. In Economics terminology we can say that they allowed the overdraft facilities to their depositors. This was the FOURTH STAGE, in development of banking. When every bank issues receipts and most of them allowed the overdraft facilities, there was then too much confusion in the banking system. The banks in order to earn profits could not keep adequate reserves for meeting the demands of the customers for cash. The failures on the part of the bankers to return money caused widespread distress among the peoples. In order to create confidence among the people, steps were taken to regulate the banking organization. A conference was held in Nuremberg in 1548. It was decided that a bank should be set up by the state, which should streamline the banking organization and technique. The first central bank was formed in Geneva in 1578. Bank of England was established in 1694. The responsibility of issuing of notes is now entrusted to a central bank of each country. Commercial Banking in Pakistan At the time of partition total numbers of Banks were 38 only. Out of these Banks the Pakistani Banks were only 2, Indian Banks 29 Exchange Banks were 7. The total of deposits of Pakistani Banks was Rs. 880 Million. advances were Rs: 198 Million. According to banking companies ordinance Banks are the companies, which transacts the business of Banking in Pakistan. Commercial Banks have constituted the most important part of the intuitional credit in the economy of Pakistan. Being the largest source of credits, Banking Industry is a pivot of whole the economic activities in Pakistan. Section 37(2A) of State Bank of Pakistan Act 1965 lays down that the Banks must have paid-up capital reserve of not less then Rs: 5 Lac fulfilling certain other requirements for declaring as â€Å"Scheduled Bank†. At the time of independence Bank services was badly affected. But with the passage of time these are improving. The government of Pakistan nationalized all Banks in early 1974. This act was done to minimize control of few hands over banking. But this step was proved e futile for the Banking in Pakistan. So the Govt. had to revise its decision in1990. Two Banks (Allied Bank Of Pakistan Limited Muslim commercial Bank Of Pakistan Limited have been denationalized. Since then Banks were working well. Now slogan of the Banks is to serve their customers in the best possible manner. Professor Berton: â€Å"Banks are the guardian distributor of money â€Å". Similarly we can say that it is a pipeline thorough which currency moves into outside the circle. Banks accept deposited of money and repay it on demand. Bank borrows money at lesser rate of interest lends it at higher rate of interest. In this way Banks earn money. Bank do not lend all money they collect, they keep certain portion of it as reserve to meet the uncertain demand of the customer. [pic] Functions of a Commercial Bank In general terms the functions of a commercial bank can be classified under the following main heads. Accepting Deposits Some people have excess money and they want to deposits it to some honest man or an institution which can give them some profit. So the first function of commercial bank is to receive deposit there are three types of deposits. Demand Deposits or Current Deposits Some people deposit their excess money in the current accounts and they can withdraw their money deposited in this account at any time during the banking hours, so bank is not ready to give interest on it Fixed Deposits These deposits are fixed for a particular period. Commercial banks also pay an interest on these accounts. An important thing related to it is the varying interest rates for the different period deposits. Interest rate increases with the increase in the fixed deposit period. Saving Deposits To create the habit of savings, bank accepts the saving deposits and pays an interest on these deposits. And this rate of interest is greater than the demand deposits. Advancing Loans Bank also advances the loans to the merchants and charges the interest. It is the major source of its income. It also issues the loan for short term, medium term and for long term. And bank receives the higher interest from the borrower for the long term loans offered. Discounting of Bill Commercial banks also discount the bills and facilitate the business; for example one businessman purchases anything from another person and promises to pay after one month. The seller will write a bill to the buyer and there will be an order that after one month the buyer will pay the amount to the seller. Buyer will sign on the bill. In other words buyer will accept the responsibility of that amount. If seller is in need of money, he will take it to the bank and will receive the money by discounting the bills. The commercial bank also may rediscount it from the central bank. Cheap Medium of Exchange By issuing cheques and drafts bank provides cheap, medium of exchange. Transfer of Money The commercial bank is very helpful in transferring the money from one place to another by issuing the drafts. This is very popular concept in the modern world and widely used in the business community. Custodian of Precious Articles Banks also provide lockers for the safety of precious articles. So now everyone can secure his precious metals like gold, silver, etc. , and bank charges a very nominal charge for this facility. Agency Services Commercial Banks also perform the duty of an agent. It collects and pays on the behalf of the customers. Investment On behalf of the customers all the banks also make an investment in different companies and industries. And banks receive nominal charge from the customers. Creation of Credit It also creates and extends the volume of credit. Facilitating Trade Activities It also provides the finance to the foreign trade. Letter of credits are issued by the commercial banks for the foreign payments. Purchase and Sale of Securities The commercial bank purchases and sells the securities, for itself and sometimes on the behalf of the costumes. Acting as a Trustee If a client directs his bank to act as a trustee in the administration of a business, the bank performs this responsibility. Role of Commercial Bank in the Economic Development of Pakistan Banks play an important role in the economic development of country. If our Banking system is not in accordance to the economic requirement then how it can play a vital role in our developments. The State Bank of Pakistan is at the apex and all the commercial Banks have to follow the rules of State Bank of Pakistan. Role of the banking sector can be judged by the following facts: Saving Mobilization The commercial Banks namely United Bank Limited Pakistan, Habi Bank Ltd, Allied Bank Of Pakistan Ltd. National Bank has opened Branches in urban areas rural areas to mobilize savings of people. Financing of Development Projects Banks other financial institutions like ADBP, IDBP, and PICIC etc. Advances short medium terms loans for financing of the development projects both in the private public sectors . So they helping to accelerate the rate of progress (Economic) in the country. Enhancing Trade Activities The credit institutions collect the savings of people make them available for facilitating the trade activities both inside outside the country. Creating Climate for Capital Formation A developed baking system stimulates the growth of economy by creating favorable climate for capital formation in the Country. Help of State Bank of Pakistan in Achieving Monetary Publishes Commercial Banks under the supervision guidance of the S. B. P help in implementing achieving the objective of monetary policy, which vary from time to time. Assist In Planned Development Commercial Banks are profit-seeking enterprises. In order to maximize profit they have the incentive from S. B. P to maximize the limit of finance. An organized Banking system keeps balance between the liquidity * profitability, thus assists in the planed development of the Country. Profit Sharing Scheme Commercial Banks receive surplus balance of the households and business pay interest on the deposit of client. The depositors instead of having a fixed return on the deposit will share in the profit loss of the Bank. The profit loss scheme arrangement is the alternative to interest, under an Islamic economic system, which is since on the experimental basis in Pakistan. Introduction to United Bank Limited UBL is the second largest bank of Pakistan with assets of over Rs. 550 billion and a solid track record of forty six years in addition to the convenience of over 1400 branches serving you throughout the country and also at several overseas locations. Date Established November 7, 1959 Chairman His Highness Shaikh Nahayan Mabarak Al Nahayan Branches 1400 Domestic, 19 Overseas Branches (Ten countries) Representative Offices Tehran Subsidiary United Bank AG Zurich, Switzerland United National Bank Limited, UK (Joint venture with NBP) UBL Fund Managers Limited Associated Company Oman United Exchange Company, Muscat Offshore Banking Unit Export Processing Zone, EPZ Branch, Karachi, Pakistan Head Office State Life Insurance Corp. Building #1, I. I. Chundrigar Road, Karachi, Pakistan P. O. Box No. : 4306 Phone: (92-21) 111-825-111 Gram: UNITED Fax: (92-21) 2413492 Board of Directors ChairmanCFO Secretary Mr. Atif R. BokhariMr. Obbad Fazal Chief Executive OfficerAuditors Mr. Muhammad Ali1)KPMG Taseer Hadi co. Chartered Accountants. 2) A. F Ferguson Co. Charted Accountants Board of Directors Legal Advisor Mohsin Tayebaly CO Mr. Atif R. Bokhari Chairman/Director Mr. Mansoor KhanDirector Mr. Aameer KarachiwalaDirector Mr. Kashif ShahDirector Mr. Hassan RazaDirector Mr. Mohammad Asghar Director Mr. Ali Sameer farouquiDirector Mr. Saeed IqbalDirector Mir Muhammad AliCEO/Director Audit Committee Mr. Aameer M. Karachiwala Mr. Ali Sameer, Mr. Saeed Iqbal Hierarchy of the Management [pic] Credit Rating Credit Rating by JCR VIS Credit Rating Company Limited June 30, 08 Long Term Rating: AA +’ United Bank Limited is one of the largest Commercial Bank in Pakistan. The Banks long term rating is AA +, which denotes good credit quality. Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions. Short Term Rating A-1+ The short-term rating is A-1+, which denotes the highest certainty of timely payment. Short-term liquidity, including internal operating factors and / or access to alternative sources of funds, is outstanding and safety is just below risk free Government of Pakistans short-term obligations. Term Finance Certificate Rating TFC I: AA TFC II: AA TFC III: AA TFC IV: AA Business Operations [pic] Reorganization of Domestic Operation In 1986, the organizational structure of domestic operations of the bank was reformed and decentralized on the basis of provinces. As a result provincial headquarters were established at Karachi, Lahore, Peshawar and Quetta in order to meet the needs of sanctioning loans and other facilities to the trade, industry and agriculture of each province. Azad Kashmir was serrated from NWFP and made separate region. The quantum of work immensely increased due to the growth of economic activities and phase of industrialization and other change in Punjab and Sindh. It was also considered necessary to improve the quality of advances and to expedite the recovery process of the loans and advances. Formation of Regional Headquarters The provincial chiefs of Punjab, Sindh, NWFP, and Baluchistan are ceased to function and in their place nine regional chief executives started functioning in the nine major cities. The new segmentation of UBL’s branches on the basis of regions can be looked from the following: Province Wise Region Allocation Provinces |Regions | |Punjab |Islamabad | | |Lahore | | |Lahore East | | |Lahore West | | |Faisalabad | | |Multan | | |Karachi | |Sindh |Hyderabad | | Peshawar | |NWFP | | |Baluchistan |Quetta | | |MuzafarAbad | |Azad Kashmir | | Locations With an integrated network of over 1400 branches in Pakistan as well as Overseas, UBL gives direct access to a comprehensive range of better banking facilities to help monitor the business locally as well as internationally. [pic] Community Services UBL is committed to the welfare of Pakistan. It lends to farmers for the purchase of tractors, superior quality seed and fertilizers. UBL further fosters the individual welfare and well being of the common man by lending house building finance and loans to set up small businesses. UBL has played a leading role in the dissemination of Computer Technology in Pakistan and is dedicated to the promotion of sports. †¢ Agricultural Loans †¢ Small Business Scheme †¢ UBL Computer Training Institute †¢ Staff Colleges of UBL †¢ UBL Sports Complex Agricultural Loans UBL’s agricultural loans on easy terms and conditions to small-scale land owning farmers boost the country’s economy and yield greener harvests. UBL enables farmers to buy good quality seeds, fertilizers, pesticides and agricultural implements. Small Business Scheme Under the Small Business Scheme, UBL is providing loans on easy terms to those who wish to set up their own small-scale business. This scheme is aimed at spreading prosperity in the country by reducing unemployment. As more and more people start their own industrial units, the country will move steadily towards economic self-reliance. UBL Computer Training Institute UBL is a pioneer in the computerization of banking in Pakistan, and now plays a leading role in the dissemination of Computer Technology in Pakistan and is proud to be a part of the Government’s Computer Literacy Program aimed at preparing the younger generation to meet the challenges of tomorrow. UBL, the leading user of Computer Technology in the Banking Sector has set up most modern facilities at Muzaffarabad, Azad Kashmir, and Sheikhupura for imparting training to the educated youth under the Government’s Computer Literacy Program. These centers are equipped with state of the art hardware and audio-visual aids and are manned by experienced professionals. Staff Colleges of UBL The UBL has three staff colleges, which are generating banking trained personnel. These colleges are at Karachi, Lahore and Rawalpindi, established in 1964, 1978 and 1977 respectively. These staff colleges are providing facilities of training to the employees of the bank so as to meeting the growing need of the banking field and coping with the changing environment of the country. UBL Sports Complex In addition to providing professional banking services, the bank continued to play an important role in the promotion of sports in the country. Towards this end, the bank has already constructed a big sports complex in Karachi, where all types of facilities for sports like cricket, hockey and flood light courts for tennis and basketball have been provided. Corporate Banking Our mission is to serve all your corporate needs and ensure your full satisfaction through product innovation, personalized banking, and top notch service. The CBG department of UBL defines corporate banking in Pakistan. Amongst the local banks UBL CBG is the pioneer in providing innovative solutions to its diversified and satisfied customer base. UBL CBG is considered to be a major player in the financial market of Pakistan. The Corporate Banking Group focuses on attracting and servicing large portfolio customers. Our forte is providing exemplary customer service using the Single Window concept and product superiority. The Relationship Management team manned by highly qualified individuals from the industry has steadily expanded our customer base and continues to enhance our cordial relations with our esteemed clients. Despite the sluggish economic growth in recent years, UBL outperformed all the other local banks in the corporate banking sector primarily due to CBGs emphasis on establishing and enhancing relationships with foreign/local blue chip and middle market customer’s thereby capturing significant market share. UBLs appetite for large exposures coupled with dedicated Structured Finance Unit, and an innovative team of professionals having extensive experience of Corporate Banking gives it the right platform to succeed in todays competitive and a demanding environment. The success of CBG has been established from the fact that UBL received the No. Euro money 2000 Best Local Bank award and recognized it to have out performed all other banks. In year 2000, UBL was also voted as the best Corporate Bank by the customers of a major foreign bank in a survey. Aggressive marketing combined with professionalism has led to an increase in UBLs market share with top corporate customers and in some cases replacing Foreign Banks. Presently, its portfolio includes the quality names in the country, which were initially confined to foreign banks only. Customer Service CBG – Offers full spectrum of services |[pic] |  | Relationship Banking This forms the pillar of our strategy as it is the primary tool towards providing you full satisfaction. Relationship Banking involves: ? Assessing and understanding customer needs ? Providing you advice on your business needs ? Helping you find viable financial solutions for your business problems ? Acting as the primary contact for you Customer Service We believe in customer retention through quality service that would encourage you to continue to bank with us your loyalty. Our UNISERVICE concept strives to attain excellence in customer service. We aim to provide total customer satisfaction through UNISERVICE, which will soon be available at our full-service branches covering: ? Trade finance ? Letters of Guarantee ? Letters of Credit Funds Transfer ? Remittances ? Bill Discounting ? Export Financing ? Credit Extension Product Range When you come to UBL, you get a full range of Products and Services to choose from: Corporate Finance ? Loan Syndication ? Structured Finance ? Term Fi nance Certificates Finance/Credit Extension ? Local Currency Facilities ? Overdrafts ? Demand Finance ? Working Capital Finance ? Import Financing ? Receivable Discounting ? Pre and Post Export Financing ? LMM Funding Trade ? Documentary Letters of Credit ? Standby Letters of Credit Guarantee ? Documentary Collection ? Funds Transfer Investment/Cash Management ? Current PLS Accounts ? Foreign Currency Cash Collection ? Utility Bill Collection ? Capital Market Hybrid Products ? FX Spot, Forwards and Hedging ? Rice/Cotton Financing for Ginners Investment Banking UBL IBG is now known as UBL Fund Manager (UFM). UFM specializes in providing innovative  and unique advice to its clients to  assist them in meeting challenges in an ever-changing market UFM consists of twelve dedicated professionals supported by over 30 relationship managers in six different locations. Rich execution experience ensures  seamless deal closures currently in the process of setting up  fund management f acilities. An active player in the market Current mandates add up to over Rs. 6 billion a healthy mixture of structuring,  advisory and project finance business either leading or participating in almost all the major TFCs Greater flexibility in deal structuring due to access to UBL’s financial resources Close liaison and top-level contacts  with Ministry of Finance, Securities and Exchange Commission of Pakistan,  Karachi Stock Exchange, State Bank of  Pakistan for swift execution Services [pic] Overseas UBL, with an integrated network of over 1400 branches globally, with 19 overseas locations, gives you direct access to a comprehensive range of better banking facilities to help you monitor your business internationally. We have branches in: ? United States of America ? Qatar ? UAE ? Bahrain ? Republic of Yemen Off Shore banking Unit and subsidiaries in: o United Kingdom o Zurich Credit Administration section When the credit facilities are approved then work of credit administration department starts. It performs two functions: †¢ Pre-dispersal function (before advancing facility) †¢ Post-dispersal Function (after credit facility is dispersed) It keeps three sections named as: †¢ Processing Section †¢ Documentation Section †¢ MIS (Management Information System) Section Relationship managers (RM’s) bring cases from customers and present to RCAD. RM’s have direct contact with customers. Case first comes to Processing Officer who checks the necessary prudential requirements if so then case is forwarded to Risk Management Department (RMD) otherwise send back to ( RM) to fulfill necessary requirements. Risk Management Department (RMD) verifies attached documents and send back documents after risk analysis and mention how much loan is to issue (under SBP limitations). Documentation Officer verifies the originality of documents attached and finally DAC (disbursement authorization certificate) is issued to customer. MIS keeps record of the customer in computer. And customer account is opened in the UNI bank (it is also software which keeps record that how much loan the customer has availed). Under mentioned process flow diagram present the right picture. Process Flow Diagram of Loan Disbursement [pic] My Learning as an Internee [pic] My Learning in the bank I worked in credit departments Credit Department Deposits are the liabilities of bank while advances are the assets of the bank. To balance these two sides, bank attracts the current as well as prospective customers to deposit their savings by offering high rate of interest/ profit, while in order to increase its assets, bank attracts its customers by Corporate Banking Group (CBG). The Corporate Banking Group at United Bank Limited is dedicated to providing its clients the highest level of service possible. United Bank Limited is dedicated towards developing relationships with corporate clients to service their financial needs worldwide. The Corporate Banking Group manages a high quality asset portfolio being an active player in many sectors including textile, sugar, leather, pharmaceutical, fertilizer, petrochemical, power, automotive, telecommunications, oil and gas distribution, marketing and refining and fast moving consumer goods industries. United Bank Limited offers a full range of financial services to support any or every part of a customers’ business transaction. Each solution is tailored to meet their specific business objectives. Working Capital / Term Loan Corporate banking group works closely with customers to understand the dynamics of their business so that it can anticipate and serve short-term and long-term funding needs in the most efficient manner, drawing from the full range of its resources and capabilities. Small and Medium Enterprise Group SME Group strives to apply a unique blend of finance, industry and technological expertise to keep pace with dynamic markets and translating insights into solutions that meet diverse financial needs. Documents Required for Providing Credit facility All facilities whether long or short term in nature is reviewed annually to evaluate that how a borrower has performed during its most recent fiscal year. Such reviews are conducted based on written analysis. Such analysis communicates to the credit approving officers the information needed for arriving at a credit decision. A credit presentation package consists of the following documents: ? Credit Approval (CA) ? Obligor Risk Rating Form ? Basic Information Report ? Borrower Basic Fact Sheet ? Financial Spreads ? Financial Projections (For Term Financing) ? Credit Memorandum ? CIB Report checking ? Bank/Market checking Credit Approval Package (CA) CA form is a complete document in which RM describes true position of the company. This form once completed summarizes the aggregate credit risk being approved, description of individual credit lines, and details of security obtained against each line. Credit application has two parts, in the first part we define the facilities which we provide to the customer. Like ? NICF (Hypo) ? NICF (Pledge) ? LC (Letter of credit) ? LG (Letter of Guarantee) ? FE 25 Second part of credit application consist of ten contents which describes way we giving felicities to customer. Purpose of submission / synopsis of transaction ? Industry / Strategy ? Financial Analysis ? Security Support ? Probability of Default ? Sources of Repayment ? Key Risks along with mitigating factors ? Relationship Strategy ? Conclusion Approver’s Comments / Observations In each of above content we have to write clear description about the customer Borrower Basic Fact Sheet (BBFS) It’s the responsibility of relationship manager at credit department to collect as much information about custome r as possible at the time of initiation of a relationship. BBFS consist of true information about the customer, board of directors and their residential addresses. Basic information Report (BIR) It consists of industry information. If it is a group of companies, partnership or private limited then it consists its business code. It also provides actual business address, phone number, industry name etc. MIS officer consider BIR while putting informations in CARS (Credit Analysis and Reporting System) Obligor Risk Rating Form (ORR) This form enables to weigh all United Bank Limited credits regardless of type, nature, or location of the borrower. Risk ratings are assigned on an obligor level on a scale of 1 to 10, 1 being the highest quality risk and 10 being the lowest, classified as doubtful of recovery. Risk Ratings are assigned and approved when credit is initially extended and is updated annually. Risk rating is also reviewed immediately and accordingly adjusted, if necessary, whenever there is a material adverse event such as adverse classification of the credit facilities. Financial Spreads Purpose of this form is to meet financial analysis requirements. This form consists of five pages, which are developed on â€Å"Excel† system. A summary of financial statements is automatically generated which also provides key financial indicators, growth historic patterns, and ratio analysis. Relationship manager analyzes three years historic audited-financial statements, as well as the recent financial statements. Financial Projections Financial projections are prepared by customers, which forecast their performance in near future. Financial projections help credit department to determine the expected assets and liabilities position and cash generating ability to repay debts. Credit Memorandum Credit decisions are made on the basis of the contents presented in this document. Credit memorandum is prepared with precision and accuracy of information. A well-structured credit memorandum usually evolves around the following topics: †¢ Purpose of presenting the credit memorandum †¢ Relationship background of borrower with United Bank Limited †¢ Relationship profitability †¢ Relationship strategy †¢ Management assessment †¢ Financial Analysis Bank/Market checking These checking provide unbiased information about borrower, which is obtained, from his customers, competitors, and suppliers. Credit checking on borrower is also obtained by manager from his bank. CIB (Credit Information Bureau) Report Checking CIB report depicts that how much customer has availed exposure from different banks allover Pakistan. UBL is one of few banks of Pakistan which has centralized information reporting system i. e. CARS and CREAMS. Through CARS data is directly reported to State bank of Pakistan. State Bank carries informations from all of the banks in Pakistan and shows full exposure of the very customer in CIB report. Covenants Check-offs In term lending multiple covenants, financial as well as qualitative, are imposed by lenders. At the time of annual review of the term facilities it is checked that if borrower adheres to these covenants. Steps involve in Credit advancement process includes: †¢ Customer relationship (customer must open current account with the bank) †¢ Customer’s facility request †¢ Credit application †¢ Facility offer Types of Loans Basic purpose of credit department is the advancement of loans to its customers. Loans are basically of two types: Funded Facilities In funded facilities bank’s cash is physically involved. Funded facilities include: Running Finance Term Finance Finance against Bill Purchased (FBP) ? FBP (Own Acceptance Purchase) ? FAFB (Finance against Foreign Bill) ? Export Refinance Part-I SBP (pre-shipment) ? Export Refinance part-I SBP (Post-shipment) Export Refinance part-II (SBP) ? Forced Acceptance ? FIM (Finance against Imported Merchandise) ? FATR (Finance against Trust Receipt) ? Dollar Financing (Pre-shipment) Non-Funded Facility In non-funded facility bank’s cash is not physically involved. Non-Funded facilities include: o Sight L/C o Usance L/C o Acceptance o Guarantee (L/G) Term Finance It’s a long-term finance facility, which is acquired to purchase fixed assets of a business. Customer borrows from bank a fixed amount repayable either in periodic installments or in lump sum at a fixed future time. Utilization of term finance decreases with the payment of installments. Payment tenor ? I year Over 1 year ? 1-5 years Syndicate Financing Such financing is used to finance some mega project. Equity of the firm is considered when providing this type of financing. The credit-requesting firm must maintain its 40% equity. To meet remaining capital requirements the firm signs a syndicate in which three or four banks jointly finance the project. One of these banks will be the leading bank, which contributes major portion of financing. So the leading bank has the major share in the installment amount received from the borrower. Money Market Deal It’s term finance. This type of financing is between banks. Diff erent banks interact with one another. If a bank has more over night funds available, which are not in use, then banks offer different rates to lend or to acquire those extra funds. Finance against Foreign Bills (FAFB) When the exporter needs finance before the payment date, he can give the bill of exchange to the negotiating bank and get the finance against that bill. In this case the bill is given as security. Ownership is not transferred to the bank. FAFB is the post -shipment finance. Foreign Bills Purchased (FBP) When the bank purchases the bills then ownership/title of security is transferred to the bank. So the bills become the property of the bank. Finance against Imported Merchandise (FIM) This type of finance is related with sight L/C. in this type of finance, the goods imported are taken by the importer’s bank as the security. As the demand for goods arise, the importer get the units of goods according to the demand from bank and pays markup and amount for that much amount of goods. Finance against Trust Receipt It is also related with sight L/C. when the goods arrive at the port, then in order to release the goods, the importer needs documents. If the importer has not yet made payments then the importer’s bank gets a Trust Receipt signed by the importer for the time period for which the bank, for releasing the goods, gives the documents to him. It’s a strong legal document. If the importer refuses to make payment after getting his goods, then the bank against him can take a strict legal action. Collateral/Securities Collateral is the amount of assets the applicant has available for use in securing the credit. The larger the amount of the available assets, the greater the chance that a bank will recover its funds if the applicant defaults, A review of the applicant’s balance sheet and any legal claims filed against the applicant’s assets can be used to evaluate the collateral. Types of Securities Pledge Pledge is the advancement of loans against the security of current assets i. e. inventory, trade receivables. In this type of security the ownership and possession of the security is with the bank. Mortgage In this type of security, the credit is given against immovable property i. e. land, building. Bank has the right to sell the property if the payment is not made. Types of Mortgage †¢ English Mortgage †¢ Equitable Mortgage †¢ Token Registered Mortgage †¢ Full Registered Mortgage English Mortgage In this type of mortgage the mortgagor (applicant) binds himself to repay the mortgage money on a certain date, and transfers the mortgage property absolutely to the bank. The banks will re-transfer both the possession and ownership of that property upon the payment of the mortgage money. Full Registered Mortgage In this type of mortgage the applicant will fully registered his property. More commission is charged in this case. Token Registered Mortgage In this type of mortgage, small portion of the property will be registered with the registrar office while the remaining will be equitable mortgage. In this way less commission will be charged. Equitable Mortgage In this type of mortgage, the bank will take all the title deeds from registrar office. A memorandum of â€Å"Deposit of title deeds† is signed by the mortgagor in whom he mentions that he is giving his property as the security to the bank. After the bank takes title deeds there will be no copy of the title deeds with the registrar. In case of equitable mortgage the ownership is with bank and possession is with customer. Bank’s Lien Lien is the banks right to withheld property until the claim on the property is paid. In lien the borrower remains the owner of the property while the possession is with the bank. Bank has no right to sell the property. Hypothecation It’s a legal transaction in which the goods may be taken as security for a debt without transferring either property or possession to the lender. It’s a security against current assets. Security is granted by means of the letter of hypothecation. Charge Charge is the right of payment out of certain property. Charge gives the right of pledge, hypothecation, mortgage and lien. Banks have to register their charge/right with SECP (Securities and Exchange Commission Pakistan). SECP maintains the records of all the companies i. e. what are the assets of companies, their board of directors. Every limited company keeps its records with SECP Charge involves ranking. Pari Passu In ranking if the customer (company) has already taken loans from other banks then SECP ranks those banks. The settlement of the loan amount will be done according to the ranking of the banks. In case of Pari Passu the bank from which the customer is going to get facility is ranked equivalent to the first/highest priority bank. in this case the priorities of other banks will decrease. For this the customer has to obtain NOC (No Objection Certificate) from other banks. Guarantees A guarantee is the promise by one person, called the guarantor, to another for answering the present or future debts of a second person called the principal debtor. Types of Guarantees UNITED BANK LIMITED issues the following types of guarantees depending on the needs of the customers: ? Tender Guarantees (Bid bonds) ? Performance Guarantees ? Advance Payment Guarantees ? Financial Guarantees Letter of Credit International trade involves numerous factors such as payment for imports in the exporter’s country, shipment of goods within the limitations prescribed and difficulties of enforcing legal rights in the foreign country etc. Therefore, to overcome these impediments a system has been enforced, this system is represented by ‘Letter of Credit. The letter of credit is today the foremost way of financing international trade. In simple words, a letter of credit (L/C) can be defined as: â€Å"A bank’s written undertaking given to the exporter for payment of a certain sum of money on behalf of the importer provided the exporter tenders to the bank, or its overseas agents, the specified documents within a specified period in accordance with the terms of the undertaking†. There are four basic parties involved in an L/C: ? Importer ? Issuing Bank ? Exporter (Beneficiary) ? Beneficiary’s Bank Advantages of an L/C Following are some of the main advantages of a letter of credit: Since a letter of credit is opened only for the importers with established credit standing, the exporter is sure of receiving the price of his commodity and there is no need to check the credibility of the importer. †¢ An exporter may obtain necessary finance immediately on shipment under a letter of credit (through negotiation, OD Buying). †¢ A letter of credit may help the importer to meet its financial difficulties. He may obtain some finances against the L/C (as FIM, FATR etc. ). †¢ Similarly, an L/C enables the exporter to obtain finances from his bank, for the operations of production even before shipment (e. g. Pre-shipment finance). Forms of a Letter of Credit Revocable L/C â€Å"A revocable letter of credit may be amended or cancelled by the issuing bank at any moment, without prior notice to the beneficiary†. This form of letter of credit gives the buyer maximum facility but it places the seller in difficult position when the goods are in transit and the credit is revoked before the documents are presented and payment has not been made on presentation which is the cause of great loss to the seller. Irrevocable L/C â€Å"An irrevocable credit constitutes a definite undertaking of the issuing bank to accept and pay the bills drawn upon it so long as the terms and conditions stipulated in the letter are fulfilled†. This form of letter of credit can be amended or cancelled only with the agreement of all parties to it. Therefore, it gives the seller complete protection. In Pakistan, all banks including united Bank are permitted to open irrevocable L/C’s only. Confirmed Unconfirmed L/C’s A confirmed credit is the one that has been confirmed by the advising bank. By confirming a credit, the bank agrees to take the liability of making payment to the seller if the issuing bank defaults for any reason. â€Å"When an issuing bank authorizes or requests another bank to confirm its irrevocable credit and the latter has added its confirmation, such confirmation constitutes a definite undertaking of such bank (the confirming bank), in addition to that of issuing bank, provided the stipulated documents are presented and that the terms and conditions of the credit are complied with. † Whereas, an unconfirmed credit is one that exclusively depends upon the issuing bank’s obligation. The parties to the present day international trade transactions prefer a confirmed irrevocable credit because it is an instrument of highest quality which ensures the payment to the seller by the advising bank while the buyer is assured of receiving the documents of title to goods, as specified in the terms of credit. Types of a Letter Of Credit There are two main types of an L/C that are being practiced. Sight L/C â€Å"If the beneficiary of a credit is to obtain payment immediately on presentation of stipulated documents, it is a Sight Credit†. In this form of credit the exporter draws a sight or demand draft (DD) payable at the counters of the advising bank or the bank specified in the letter of credit. The draft (bill of exchange) is paid on presentation provided that all the other terms of the credit have been complied with. Usance L/C When a credit stipulates payment to the beneficiary upon the maturity of a bill of exchange drawn under the terms of the credit, it is an ‘acceptance credit’, ‘terms credit’ or Usance credit†. In this form of credit the beneficiary draws a draft for a particular Usance (e. g. 30, 60 or 90 days etc. ), payable upon either the correspondent bank or the issuing bank. In normal practices, UBL opens Sight L/C’s because in Sight L/C the importer first pays the L/C amount (invoice price) to the issuing bank and then gets the possession of documents. So the bank becomes secure in this way. L. C keeps Performa invoice which keep major essentials in bullets forms. Performa Invoice Its essential elements are written as; ? Seller company name Buyer company name ? Buyer and seller company’s bank’s names ? Commodity ? Quantity ? Unit price ? Total price ? Payment procedures ? Delivery ? Port of loading ? Port of destination ? L. C beneficiary (must be seller) ? Amount and quantity with percentage of error ? L. C expiry date ? L. C opening date ? L. C must be opened before expiry date ? Vessel ( ship’s name) Qualifications for an Importer to Get an L/C Issued A Letter of Credit cannot be opened on behalf of a person unless he fulfills the following requirements: ? The person must be an account holder of UBL. ? No person can be an importer without first being registered with EPB. So the person must have valid import registration with Export Promotion Bureau (EPB) of Pakistan. This registration is not necessary for those who have been exempted from it. ? The person must process a valid membership certificate of Trade Organization, licensed and recognized by Federal Government like a Chamber of Commerce. ? The person must possess a valid NTN (National Tax No. ) certificate. ? The person must have the Sales Tax Registration Certificate. ? Obtaining of Import License is no more required. Stock Reports Stock reports are sent by the external auditors which are registered evaluators to UBL. They evaluate stock of the company lying in the godowns. They give final words whether these following essentials are up-to-date. Fire extinguishers ? Stock replacement ? Godown condition ? Guard residence permanent or not ? Stock condition ? Tagging over the stock ? Evaluation of stock in terms of million rupee ? Insurance against fire and burglary MIS officer check these report s and inspect whether these amounts mentioned in the stock reports are according to the security issued. If above mentioned any thing is not up-to-date. Then the stock report is considered unsatisfactory and debit is blocked till the company corrects its unsatisfactory items. I separated the reports which keep the unsatisfactory items. CREAMS (Credit Risk Environment’s Administration Management System) UBL is from few Pakistani Banks which keeps centralized information system. CREAMS is one of them. CREAM is highly customizable and parameterizes able software. CREAM is developed with the ideology that it can operate in all parts of the world. Certainly there are different operational, monitoring and regulatory requirements depending upon the region where the bank is operating. Further more; a single bank may operate in more than one region of the world. Parameterization lets CREAM behave according to the requirement of the region. This customization is a one time initiative and once CREAM has the requisite information, it will behave according to the bank’s requirement. This section will explain the all CREAM setup screens one by one. It must be noted the once the Parameterization phase is completed by bank then bank must lock this section. That is only authorized person (Mostly Credit Head) can enter to this section, not every one who is using CREAM application. All the Screens below have some common buttons which is going to be explaining here once with their short cut keys. Action Buttons Add Button (Alt + A): Used to add a new record Edit Button (Alt + E): Used to edit an existing record. Delete Button (Alt + D): Used to delete a record Cancel Button (Alt + C): Used to cancel a ongoing action of add, edit. Navigation Buttons First Button (Alt+F): Used to see First record. Next Button (Alt+N): Used to see the next record of the existing opened record Previous Button (Alt+P): Used to see the previous record of existing opened record. Last Button (Alt+L): Used to see the last record. Print Button: Exit (Alt+X): Used to exit from the current screen. If any one of action buttons (ADD / Edit / Delete) is disable on any screen then it means that the user don’t have a right of that action. Working of CREAMS Its working is mainly divided into three parts ? Part-1(Setup( Parameterization) Section ? Part-II( Post Granting Section ? Part-III( Transaction Section Part-1(Setup (Parameterization) Section) This part consist of many set ups but most prominent are country, region, branch, currency, about credit policy, Collateral setup etc. About Document Linkage Screen Path: Setup(Documentation(Document Linkage Screen It is the main screen we define that against which entity (like Facility, collateral) which document we require. It depends on the bank’s policy and varies from bank to bank. For example if a bank says that for the facility â€Å"FE-25, they require the document â€Å"Dollar Demand Promissory Note†. For this We Use the following screen to link the Document Dollar Demand Promissory note† against the Facility â€Å"FE-25†. This Screen is used to Link a Document against the Following entities. ? Legal Status (Also Called Customer Type) ? Facility ? Collateral ? General [pic] Field Name |Description | |Document Name |Not Given by user here. Populated here from Document Setup | | |(Setup(Documentation Setup(Document Setup. ). select the document fro m the | | |list | |Critical |If the disbursement is not possible without receiving this document then | | |marks it as a critical here. |Legal status |If a document required against the legal status (Customer type like | | |Public Limited company) of a customer then select the type as Legal | | |status. When we select the legal Status then it will show the entire type| | |name on the right. So from there the user have to select the type name. | |Facility |If a document required against the Facility then select the type as | | |Facility. When we select the Facility then it will show the all | | |facilities on the right. So from there the user have to select the | | |Facility name | |Collateral |If a document required against the Collateral then select the type as | | |Collateral. When we select the Facility then it will show the all | | |Collaterals on the right. So from there the user have to select the | | |Collateral name | |General |If there is a general type of document then select it as general. | |Linkage Action(insertion |It means the document is required only once. | |Linkage Action(renewal |Do you u need this document on renewal of customer if yes then also | | |select it. |Linkage Action(Enhanced |Do you need this document on Enhancement if yes then select it also | |Linkage-(Manual Insertion |Tick this check box of if you want manually insert this document | |Linkage Action (OTT |Do you need any document on OTT if yes then also select it. | About Collateral Set up: Path: Setup( Parameters (Collateral( Collateral Type Screen Here we can add a new collateral accordingly banks requirement. Collateral is an extra comfort obtained by a bank from its customers requesting funded or unfounded facility from a bank. Collaterals are usually valued asset which the customer hands over to the Bank as an assurance for the Bank in case of a ny default. [pic] [pic] Part-II( Post Granting Section This section contains much more setup but two more important are customer setup and facility set up. Which are as follow: Path: Post Granting( Customer Setup [pic] Path: Post granting ( Approval Package ( Approved Facilities [pic] Part-III( Transaction Section When the User will select the action of Extension or Extending Current Expiry of an Approval Effects of this Action Current Expiry in Approval Record screen will be changed to New Expiry which you will enter using this screen. [pic] |Field |Description | |Action Taken |Extension | |Approval Authority |Selection of the Name of Approval Authority | |Action Date |Date on which Approval Action is performed on this Approval | |Approval Action Code |Its an informative field | |Action Description |User can provide any extra information related to this transaction | |Approval Current Expiry] Old Expiry |CREAM will retrieve its Current Expiry from the database | |New Expiry Date |User will provide new expiry date | View of the Screen When Action is blocked [pic] Field |Description | |Action On Facility |Select the action from the drop down menu list as â€Å" Blocked† | |Action Date |The date of action. | |Action Description |Give description if any about this action | |Customer Facility Action Code |An informative field | |Facility Name Description |An informative Filed. It will show the Name of Facility and its | | |Description . Comes here from Customer Facility Screen. | About Document Transaction Screen Path: Transaction ( General ( Documentation Transaction User can do the following actions against the documents which we have already defined against the entities Customer type, Collateral Type, Facility General [pic] CREAMS is very wide software and can’t be explained in short with full understanding. These snap shots show its major features. CARS (Credit Analysis Reporting System) Consumer blue forms are generated for individual and sole proprietorship accounts. I worked in CARS (business software). At initial stage, I worked over consumer blue forms and entered consumer record in the software. I was assigned work to enter record of various customers in the software and I fulfilled my duty diligently. Following details should be entered in the software. If single of them is missing, blue form is considered incomplete keeping insufficient data; ? New and old NIC ? Gender ? Customer and his/her father/husband name ? Date of birth ? Home address ? Business name and address ? Security which is to be pledged Account Tagging Account tagging is also a part of CARS. Parties which have availed loan facility from UBL are tagged in CARS with their specific accounts. In UBL indiviual and sole proprietor account is tagged with 6160777. While partnership, public and private limited accounts are tagged with State Bank of Pakistan (SBP) provided group and subgroup codes. Templates are provided by UBL from which we could check whether the account comes under indiviual or private limited option. After confirming from templates account is tagged under their respective heads. RM’s (Relationship Managers) when record informations of customers, they wrongly put the account numbers of the customers as; ? Tagged with tetra eight ? Tagged without tetra eight ? Wrongly tagged ? Indiviual ? Final tagged RM’s (Relationship Managers) some times due to negligence mention account numbers in above mentioned ways. The above mentioned account’s informations are as Tagging with Tetra eight As RM’s (Relationship Managers) by negligence, some times tag the accounts with tetra eight i. e. account number is shown as (8888). It is counted as wrongly tagged by CAR’S (Business software). Tagging without Tetra eight RM’s (Relationship Managers) sometimes mentiuon account without tetra eight (8888) and keep them blank or untagged. It is counted as wrongly tagged by CAR’S (Business software). Wrongly Tagged: RM’s (Relationship Managers) sometimes wrongly tag the account. It is counted as wrongly tagged by CAR’S (Business software). Indiviual RM’s (Relationship Managers) mention the account by individual’s account which is tagged by (6160777) in UBL. It is to tag indiviual and sole proprietorships by 6160777. It is counted as wrongly tagged by CAR’S (Business software). Final Tag When the account is tagged, it is final account and confirmed. There is no need to review but it may be that mistake is made in tagging. FRN Tagging FRN is a number which is made by joining branch number with account number. i. e. if account number is 3457896 and account is opened in branch number 28 then its FRN number will be 283457896. Each customer is also tagged with FRN number. Report Viewing CARS have also option to view many reports like account tagging summary, blue form, central liability report etc. Most common report is blue form. After construction of blue form its report is viewed and prints out is taken for record. Product, Solutions and Services [pic] [pic] [pic] [pic] [pic] [pic] UBL Wallet [pic] UBL Wallet ATM / Debit Card is all the convenience security you desire and the quality you deserve. This Wallet holds all the cash in your bank account. With UBL Wallet you can withdraw cash at ATMs any time, or make cashless purchases at outlets through the Debit Card facility. With no joining fee and an accompanying complimentary cardholder for your convenience, UBL Wallet has been designed to exhibit the best in features and facilities, as well as look feel. Because at UBL, you come first UBLs dedicated staff is at your service 24 hours a day, 7 days a week. You can call our contact centre at 0800-11-825 (Toll-Free), or you can simply pick up the telephone placed next to every UBL ATM and be instantly connected to our customer service representative via a hotline Online Banking [pic] With UBL’s state of the art online banking, you can access your account from more than 350 branches located in 71 cities across Pakistan. Your account gets to travel with you and can be accessed throughout Pakistan, Now UBL enables you to do all the following Transactions in minutes through designated online branches. Salient features of online banking are: ? Cash Deposit ? Cheques Encashment ? Stop Payment ? Account Statement ? Funds Transfer (Account to account / IBCA) UBL Credit Card UBL Credit Card Features Welcome to the world of UBL Credit Cards. Pakistan’s 1st Chip Credit Card that guarantees you both enjoyment and high value. It assures you global acceptability in more than 22 million establishments worldwide in 130 countries and in more than 12, 000 outlets within Pakistan The UBL Credit Card †¦.. Mazay Mein Raho. ? This unique high tech CHIP guarantees your security while conducting transactions within Pakistan and around the world. CHIP based credit cards have proven to be the most secure way of conducting credit card transactions globally. ? No more tedious points to accumulate or boring catalogues to redeem from. Win your prizes instantly! ? Visit selected UBL Chip Reward outlets and get exciting gifts on the spot. The more you visit, the more you get. All you do is dip the Chip to win free meals, free household goods, free electronic items, free clothes and a lot more. ? A Choice of Rewards Along with exciting Chip Rewards you has a choice between Free Road Miles and Free Talk Time. ? Spend Rs 5000 anywher e on your UBL Credit Card and get guaranteed 3 liters petrol free from any PSO outlet nationwide. If you spend more, you get more. So keep driving, keep smiling. [pic] Spend Rs 5000 anywhere on your UBL Credit Card and get guaranteed 30 minutes free. What’s more, you get a free Mobilink Postpaid Connection with your UBL Credit Card. If you spend more, you get more minutes. So talk freely, stay connected. [pic] UBL Business Partner [pic] UBL Business partner†¦ a complete solution to all your Business Financing needs, With UBL Business Financing facility, you can now take your business to greater and newer heights, and achieve the level of success that you truly deserve. UBL Business partner is a running Finance facility that not only provides funds for growth but also enables you to capitalize on profitable opportunities. With UBL Business partner, now you will surely say: Ab Hui †¦ Kamiyaabi Meri Manzill. What is Business partner? â€Å"It is a ‘Credit Line/ OD Facility’ against Residential Property. It is an evergreen credit line that the customer can use for his/her business expansion† TezRaftaar [pic] Free Doorstep Remitta