Askari Bank
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
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Native name | عسکری بینک لیمٹڈ |
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Formerly | Askari Commercial Bank |
Type | Public limited company |
PSX: AKBL | |
Industry | Financial services Banking Islamic Banking Capital markets Asset management |
Founded | 9 October 1991 |
Headquarters | Rawalpindi, Pakistan |
Area served | Pakistan |
Key people | Mr. Atif R. Bokhari, President & CEO |
Products | Loans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc. |
Revenue | ![]() |
Number of employees | 7,478 (2021)[1] |
Parent | Fauji Foundation |
Website | www |
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 560 branches across Pakistan and a wholesale bank branch in Bahrain.[1][3]
- Lahore
- Karachi
Products and Services
- Credit cards
- Debit cards
Awards and recognitions
See also
References
- Annual Report 2021 Askari Bank
- "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.
- "The Excellence in Retail Financial Services International Awards". asianbankerforums.com.
- "Features : The World's Best Internet Banks, 2004". Global Finance Magazine. 6 June 2023.
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