Invest Capital Investment Bank Limited · PSX:ICIBL
Invest Capital Investment Bank — Corporate Update (November 2022)
16 slides from Invest Capital Investment Bank's corporate update, Nov 25, 2022
Slide 1: Corporate Briefing Session
Corporate Briefing Session November 25, 2022
Slide 2: Contents
Contents About the company Performance of the Company Review of Financial Statements Future Outlook Question/Answer session Corporate Briefing Session 2022
Slide 3: About the Company
About the Company Invest Capital Investment Bank Limited ('the Company') is a public limited company incorporated in Pakistan under the repealed Companies Ordinance, 1984 (Repealed with the enactment of the Companies Act, 2017 on May 30, 2017). The Company is engaged in the business of leasing and i
Slide 4: About the Company
About the Company During 2009, ICIBL entered into a scheme of arrangement for the amalgamation by way of merger with Al-Zamin Leasing Corporation Limited and Al-Zamin Leasing Modaraba. In 2010 the Equity brokerage & money market brokerage business of the company was transferred to Invest Capital Mar
Slide 5: About the Company
About the Company Our Values InvestBank has a strong belief in ethical business practices, integrity, efficiency and innovation. These four principles serve as corner stones of our company’s corporate philosophy. Our Clients The Company serves a diverse client base, that includes public and private
Slide 6: About the Company: Board of Directors
About the Company Board of Directors Mrs. Ayesha Shehryar Chairperson Mr. Muhammad Asif Chief Executive Mr. Muhammad Qasim Executive Director Mrs. Fiza Zahid Muneem Non-Executive Director Mr. Shahab ud Din Khan Non-Executive Director Mr. Ashar Saeed Independent Director Mr. Zahir Qamar Independent D
Slide 7: About the Company: Our Management
About the Company Our Management Mr. Muhammad Asif Chief Executive Mr. Naim Ashraf Company Secretary Mr. Muhammad Ikram Chief Financial Officer Mr. A. H. Khawar Hassan Head of Business Development/ HOD Legal & Recovery Mr. Aamir Ramzan HOD Compliance Corporate Briefing Session 2022
Slide 8: Performance of the Company
Performance of the Company The management had focused on the following key matters to keep the entity afloat:- Settlement of liabilities Management of Non performing loans Rationalization of Administration cost Disposal of non core assets Revival of new financing business Corporate Briefing Session
Slide 9: Latest Financial Position
Latest Financial Position Fianancial Position as on June, 30 June, 30 ASSETS 2022 2021 Non-current assets Rupees Rupees Property and equipment 80,852,746 65,798,617 Intangible assets 163,594 233,705 Investment accounted for using equity method 129,861,113 134,774,868 Financial assets at fair value t
Slide 10: Latest Financial Position
Latest Financial Position Fianancial Position as on June, 30 June, 30 2022 2021 Issued, subscribed and paid-up capital 2,848,668,960 2,848,668,960 Loan from directors 126,000,000 126,000,000 Capital reserve on amalgamation (2,022,075,992) (2,022,075,992) General reserve 102,976,444 102,976,444 Accum
Slide 11: Latest Financial Position: Statement of Profit or Loss
Latest Financial Position Statement of Profit or Loss For the Year Ended June 30, 2022 2022 2021 Rupees Rupees Income 110,216,971 65,597,647 Expenses (26,485,912) (15,066,286) 83,731,059 50,531,361 Other income 5,118,135 3,969,991 88,849,194 54,501,352 Provision reversed / (charged) Reversal / (prov
Slide 12: Latest Financial Position
Latest Financial Position The company has earned an after tax profit of Rs. 95.27 million as compared to an after tax profit of Rs. 83.86 million of the previous year. The main reason for profit is reversal of income suspension and provisions for leases and loans due to handsome recoveries from non-
Slide 13: Latest Financial Position
Latest Financial Position The new financing business (leases and loans) undertaken by the Company has negligible infection level due to effective risk management and prudent monitoring, recovery is almost 100% of the billed amount. During the year finances amounting to Rs. 441.34 million were disbur
Slide 14: Future Outlook
Future Outlook Going forward, global economic decline is expected to continue in the back drop of Russia-Ukraine conflict, high inflation and monetary tightening policies adopted by Central Banks. Accordingly, IMF has downgraded the expected global growth rate to 2.9% in 2023. Supply chain disruptio
Slide 15: Future Plan
Future Plan Reduction of Capital U/S 89 (a) of Companies Act 2017. To increase the paid up capital of the Company Conversion from Non-deposit taking company to deposit taking Company. Corporate Briefing Session 2022
Slide 16: Thank You
Question & Answer Session Questions & Answer Thank You Corporate Briefing Session 2022
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