Category: Askari Bank Limited

Askari Bank Ltd (formerly Askari Commercial Bank) is a commercial and retail bank owned by Fauji Foundation in Pakistan.

was established 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 (PSX) and stock exchanges. Karachi, Lahore and Islamabad traded before they merged to become Pakistan’s only United Stock Exchange (PSX). February 13, 1992. Authorized by Mr. Said Haider Barty.

Askari Bank has 537 branches in Pakistan and a wholesale bank branch in Bahrain.

In 2002 and 2003, Askari Bank also won the “Best Consumer Online Bank” award from Global Finance Magazine.

This Asian banker was named “Pakistan’s Best Retail Bank” twice in 2004 and 2005.

Business Briefing

Askari Bank Limited (Bank) is a holding company headquartered in Pakistan. Our bank is a commercial bank engaged in the banking industry. The bank’s divisions include corporate finance, including corporate and investment banking, such as mergers and acquisitions, underwriting, privatization, securitization, and secondary private equity; transactions and sales, including fiscal and money market activities; retail banking, for small loans People provide services, including loans, deposits and other transactions with retail customers and credit card companies; commercial banking services that provide project financing, export financing, trade financing, leasing, loans, guarantees, bills of exchange, and corporate deposit services; payment and settlement, including Income from payments and fees, remittances, clearing and settlement, and brokerage services, including income from renting lockers to customers.

Askari Bank Limited (Bank) was incorporated in Pakistan on October 9, 1991. It is a listed company and listed on the Pakistan Stock Exchange. The location of the bank is AWT Plaza in Rawalpindi Shopping Center. The bank is a registered commercial bank, mainly engaged in the banking business referred to in the 1962 Banking Companies Regulations. (FFBL) as of December 31, 2016, jointly held 71.91% of the bank’s shares. The bank’s ultimate parent company is the Fauji Foundation. The bank has 501 branches (2015: 424); in Pakistan and Azad Jammu and Kashmir there are 500, including 91 (2015: 75) Islamic bank branches, 36 (2015: 32) Home) branch and 1 wholesale bank branch in the Kingdom of Bahrain.