Askari Bank
 | |
Native name | عسکری بینک لمیٹڈ |
|---|---|
| Formerly | Askari Commercial Bank |
| Company type | Public limited company |
| PSX: AKBL | |
| Industry | Financial services Banking Islamic Banking Capital markets Asset management |
| Founded | 9 October 1991 |
| Headquarters | Rawalpindi-46000, Pakistan |
Area served | Pakistan |
Key people | |
| Products | Loans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc. |
| Revenue |  Rs. 51.582 billion (US$180 million)[1] (2022) |
| Rs. 27.459 billion (US$95 million)[1] (2022) | |
| Rs. 14.062 billion (US$49 million)[1] (2022) | |
| Total assets | Rs. 1.526 trillion (US$5.3 billion)[1] (2022) |
Number of employees | 7,348[1] (2022) |
| Parent | Fauji Foundation |
| Website | www |
Askari Bank Ltd (Urdu: عسکری بینک لیمٹڈ), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and is owned by Fauji Foundation.
History
It was founded on October 9, 1991, as a public limited company.
On June 21, 2013, the bank was acquired by Fauji Group.[2]
In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.[3]
Branches
Askari Bank has 600 branches and more than 500 ATMs across Pakistan and a wholesale bank branch in Bahrain.[4]
Awards and recognitions
- The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005.[5]
- Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003.[6]
See also
References
- ^ a b c d e f "Askari Bank Annual Report 2022" (PDF). askaribank.com. Retrieved 22 November 2023.
- ^ "Fauji Foundation to acquire Askari Bank's 100pc shares". The Nation. 19 January 2012.
- ^ Profit (2020-09-26). "Askari Securities is now a wholly owned subsidiary of Askari Bank". Profit by Pakistan Today. Retrieved 2020-09-30.
- ^ "Askari Bank Annual Report 2022" (PDF). Askari Bank. 31 December 2022. Retrieved 22 November 2023.
- ^ "The Excellence in Retail Financial Services International Awards". asianbankerforums.com.
- ^ "Features : The World's Best Internet Banks, 2004". Global Finance Magazine. 6 June 2023.
External links
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