Scribd Logo
Upload

Welcome to Scribd!

  • 17 views

    Re: Declaration Under Prudential Regulations For Small Enterprises (SE)

    Uploaded by

    Zeeshan
    The document is a letter dated June 22, 2020 from Muhammad Asim, proprietor of The Royal City School System, to the manager of Bank AL Habib Limited's Liaquatabad branch in Karachi. Asim provides four declarations regarding his business's banking facilities: 1) his total borrowing from all banks does not exceed Rs. 25 million, 2) his total clean exposure does not exceed Rs. 5 million, 3) the requested facility will be used as stated, and 4) there is no conflict of interest with any BAHL directors or executives. Asim undertakes to maintain these declarations to comply with SBP prudential regulations and confirms the declarations match his books.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Re: Declaration Under Prudential Regulations For Small Enterprises (SE)

    Uploaded by

    Zeeshan
    17 views1 page
    The document is a letter dated June 22, 2020 from Muhammad Asim, proprietor of The Royal City School System, to the manager of Bank AL Habib Limited's Liaquatabad branch in Karachi. Asim provides four declarations regarding his business's banking facilities: 1) his total borrowing from all banks does not exceed Rs. 25 million, 2) his total clean exposure does not exceed Rs. 5 million, 3) the requested facility will be used as stated, and 4) there is no conflict of interest with any BAHL directors or executives. Asim undertakes to maintain these declarations to comply with SBP prudential regulations and confirms the declarations match his books.

    Original Title

    2. Annexur-N-Declaration

    Copyright

    © © All Rights Reserved

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document is a letter dated June 22, 2020 from Muhammad Asim, proprietor of The Royal City School System, to the manager of Bank AL Habib Limited's Liaquatabad branch in Karachi. Asim provides four declarations regarding his business's banking facilities: 1) his total borrowing from all banks does not exceed Rs. 25 million, 2) his total clean exposure does not exceed Rs. 5 million, 3) the requested facility will be used as stated, and 4) there is no conflict of interest with any BAHL directors or executives. Asim undertakes to maintain these declarations to comply with SBP prudential regulations and confirms the declarations match his books.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    17 views1 page

    Re: Declaration Under Prudential Regulations For Small Enterprises (SE)

    Uploaded by

    Zeeshan
    The document is a letter dated June 22, 2020 from Muhammad Asim, proprietor of The Royal City School System, to the manager of Bank AL Habib Limited's Liaquatabad branch in Karachi. Asim provides four declarations regarding his business's banking facilities: 1) his total borrowing from all banks does not exceed Rs. 25 million, 2) his total clean exposure does not exceed Rs. 5 million, 3) the requested facility will be used as stated, and 4) there is no conflict of interest with any BAHL directors or executives. Asim undertakes to maintain these declarations to comply with SBP prudential regulations and confirms the declarations match his books.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 1

    Dated: 22nd June, 2020

    The Manager,
    Bank AL Habib Limited,
    Liaquatabad Branch,
    Karachi

    Re: Declaration Under Prudential Regulations for Small Enterprises (SE)

    Dear Sir,
    I refer to the banking facility requested for by me and enclose my Balance Sheet as desired by
    you. I confirm that;
    1. My total accommodation i.e. borrowing and other facilities (including Fund and Non Fund
    Based) from all banks and financial institutions, including your bank, do not exceed Rs 25
    Million (Rupees Twenty five Million).
    2. My total accumulated Fund Based/Non-Fund Based clean exposure from all Banks and
    Financial Institutions, including your Bank, does not exceed Rs 5 million (Rupees Five
    million). This, however, does not include clean consumer financing limits such as Credit
    Cards and Personal Loans etc.
    3. I undertake that the requested facility will be utilized for the purpose as stated in my letter
    of request for facility.
    4. There is no existence of any interest between me and any of the BAHL director, major
    shareholder holding 5% or more of the share capital of the bank or its Chief Executive, or
    an Employee or any dependent family member of these persons.
    I further undertake to maintain the above confirmations given by me, so that SBP Prudential
    Regulations stand complied with.
    I would also like to confirm that the above declarations are correct and are in conformity with
    the Books of Accounts maintained by me.

    Yours faithfully,

    Muhammad Asim
    Proprietor,
    The Royal City School System.

    You might also like