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Temporary Credit Proposal: Stock Exchange Branch (0223) MBL/SEBK/ADV/02 Karachi Region A

The document is a temporary credit proposal from the Branch Office Stock Exchange Branch to provide a temporary credit limit of 100,000 to M/S. Motiwala Securities (PVT) Limited. They are an existing customer and brokerage house seeking the temporary limit for one week to meet clearing obligations. The relationship manager recommends approving the temporary running finance of 100,000 for one week given they are a valued customer. The document requires approval from several levels of management.

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jenny girl
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27 views

Temporary Credit Proposal: Stock Exchange Branch (0223) MBL/SEBK/ADV/02 Karachi Region A

The document is a temporary credit proposal from the Branch Office Stock Exchange Branch to provide a temporary credit limit of 100,000 to M/S. Motiwala Securities (PVT) Limited. They are an existing customer and brokerage house seeking the temporary limit for one week to meet clearing obligations. The relationship manager recommends approving the temporary running finance of 100,000 for one week given they are a valued customer. The document requires approval from several levels of management.

Uploaded by

jenny girl
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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TEMPORARY CREDIT PROPOSAL

Branch Office Stock Exchange Branch (0223) Regional Office Circle Office Karachi Region A Client EXISTING LIMITS Existing Limit O/s 100.000 49.818 Account No 57-1 Ref No. MBL/SEBK/ADV/02 Date A/c Opened 16.03.2006 Date 18.04.2006 A/c Type Current

M/S. MOTIWALA SECURITIES (PVT) LIMITED PROPOSED LIMITS Markup/ Margin Comm 6MK+3% Floor 13% 30% Minimum CP Expiry Date Expiry One Week from the date of Disbursement. Securities Value

Name of Facility

Proposed Limit 100.000

Ren/Enh

RF

Temporary Enhancement

Against Pledge os Shares

80.400

Total Non Fund Based Total Fund & Non Fund

100.000

49.818

100.000 Repayment Arrangement/Source Within one week by sale proceeds of their shares.

Purpose of Borrowing / Transaction TO MEET THE CLEARING OBLIGATION

None Overdues (if any) Nature of Finance

Principal

Mark-up

Total Group Position

0.000

0.000

Business Performance Year 2006 Imports 0 Export Local L/C's Guarantees Debit T/O 150.000 Credit T/O 100.182 Non Fund Based

CIB REPORT 2005 0.000 2004 0.000 Total Overdue Default PRUDENTIAL RATIOS Current Ratio Debt/Equity Borr. to Equity

18.04.2006 Applied

Group 0 0 8.06 0.12 O

0.000 0.000

0.000 0.000 Total

Fund Based

Comments by Relationhsip Manager / Unit Head

THEY ARE ONE OF OUR CUSTOMER, MEMBER KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, HAVING BROOKERAGE HOUSE, DOING SHARES BUSINESS, THEIR EXISTING LIMIT OF R/F IS RS. 100.000M NOW REQUESTED US TO ALLOW A TEMPORARY R/F OF RS.100.000M FOR ONE WEEK FROM THE DATE OF DISBURSEMENT TO MEET THEIR CLEARING OBLIGATION TOWARDS KSE AND FOR OTHER SETTLEMENT. SINCE THEY ARE ONE OF OUR VALUED CUSTOMER, THEIR REQUEST TO ALLOW A TENMPORARY LIMIT OF R/F FOR ONE WEEK CAN BE CONSIDERED.

KEEPING IN VIEW OF THE ABOVE, WE STRONGLY RECEOMMEND TO PLEASE ALLOW THEM A TEMPORARY RUNNING FINANCE OF RS. 100.000M FOR A PERIOD OF ONE WEEK FROM THE DATE OF DISBURSEMENT.

Credit Manager Recommendation / Decision of Regional Manager

Chief Manager Recommendation / Decision of General Manager

Recommendation / Decision of Country Coordinator & Credit Head

Recommendation / Decision of Head of RBG

SEVP (C&RM) Recommendation / Decision

President

Credit / Executive Committee

Sheet7

19500 22000 13780 20000

1.8 35100 42900 24804 39000

2744 2200 2744 800

1550 2375 1550

39394 8081 47475 29098 10702 39800

4875 5500 3445 5000

Page 2

Sheet7

44269 8706 52975 20432 32543 12257 44800

Page 3

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