Supriya Ghosh (Editor)

Askari Bank

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Traded as
  
KSE: AKBL

Products
  
Banking

Headquarters
  
Rawalpindi, Pakistan

Industry
  
Financial services

Revenue
  
34.6 Billion, 2014

Founded
  
9 October 1991

Askari Bank httpsuploadwikimediaorgwikipediaen997Ask

Key people
  
President & chief executiveSyed M. Husaini

Net income
  
Rs 4.015 Billion PKR (2014)

CEO
  
Syed M. Husaini (3 Jun 2013–)

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. The Bank is listed on the Pakistan Stock Exchange and was also listed on the stock exchanges of Karachi, Lahore and Islamabad before their merger to form the single unified Pakistan Stock Exchange. The bank acquired its license (License No. BL-7) under s.27 of Banking Companies Ordinance, 1962 from State Bank of Pakistan on 13th February, 1992. The license was issued by Mr. Saeed Haider Bhatti.

Contents

Askari bank car finance 45sec


Awards and recognitions

  • The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005.
  • Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003.

    • Consumer banking

  • ASK 4 CAR
  • ASKCARD (Askari debit card)
  • Master card
  • Mortgage finance
  • Personal finance
  • PayPak

    • 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

    • References

    Askari Bank Wikipedia
    (Text) CC BY-SA


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