Askari Bank
 |
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| Traded as | KSE: AKBL |
|---|---|
| Industry | Financial services |
| Founded | October 9, 1991 |
| Headquarters | Rawalpindi, Pakistan |
|
Key people
|
President & chief executive Syed M. Husaini |
| Products | Banking |
| Revenue | 34.6 Billion, 2014 |
 Rs 4.015 Billion PKR (2014) |
|
| Total assets | Rs. 447 Billion PKR (2014)[1] |
| Website | www.akbl.com.pk |
Askari Bank Ltd (Urdu: عسکری بینک) (formerly Askari Commercial Bank) is a commercial and retail bank in Pakistan It was founded on October 9, 1991, as a Public Limited Company. On June 21, 2013 the bank was acquired by Fauji Group.[3] The Bank is listed on the Karachi, Lahore & Islamabad Stock Exchanges. The bank acquired its license (License No. BL-7) under section 27 of Banking Companies Ordinance, 1962 from State Bank of Pakistan on 13th February, 1992. The License was issued by Mr. Saeed Haider Bhatti, Senior Deputy Director, Central Directorate, State Bank of Pakistan.[4]
Contents
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]
Products and services
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Consumer banking
- ASK 4 CAR
- ASKCARD (Askari debit card)
- Master card
- Mortgage finance
- Personal finance
Islamic banking
- Declared weight ages
- Deposit schemes
- Home Musharakah
- Ijarah Bi Sayyarah
- Profit rates
Branch banking
- Deposit multiplier account
- Investment certificates
- Mahana bachat account
- Paishgi munafa account
- Roshan mustaqbil deposit
- Rupee traveler cheques
- Value plus deposits
- Value Plus Business
Agriculture banking
- Kissan aabpashi finance
- Kissan evergreen finance
- Kissan farm mechanization finance
- Kissan tractor finance
- Kissan livestock development finance
Corporate & investment banking
- Bill discounting
- Export financing
- Fund transfers/remittances
- Letters of credit
- Letters of guarantee
- Receivable discounting
- Structured trade finance facilities
- Term loans
- Working capital facilities
Alternate delivery channels
- ATM
- Call center
- I-Net banking
- Phone Banking
- Mobile Banking
See also
References
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- ↑ Askari Financials 2014
- ↑ Askari Financials 2009
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ akbl.com.pk/wp-content/uploads/2014/12/BANK-LICENCE.pdf
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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- Pages with reference errors
- Pages using infobox company with unsupported parameters
- Articles containing Urdu-language text
- 1991 establishments in Pakistan
- Banks established in 1991
- Banks of Pakistan
- Companies listed on the Islamabad Stock Exchange
- Companies listed on the Karachi Stock Exchange
- Companies listed on the Lahore Stock Exchange
- Military of Pakistan
