Askari Bank
 | |
| Formerly | Askari Commercial Bank |
|---|---|
| Type | Public limited company |
| PSX: AKBL | |
| Industry | Banking |
| Founded | October 9, 1991 |
| Headquarters | Rawalpindi, Pakistan |
Area served | Pakistan |
Key people | Mr. Atif R. Bokhari, President & CEO, (23 Aug 2021) |
Number of employees | 7,279 (2009)[1] |
| Parent | Fauji Foundation |
| Website | www |
Askari Bank Ltd (عسکری بینک لیمٹڈ) (formerly Askari Commercial Bank) is a commercial and retail bank in Pakistan and is owned by Fauji Foundation.[2][3]
History[]
It was founded on October 9, 1991, as a public limited company.
On June 21, 2013, the bank was acquired by Fauji Group.[4]
In September 2020, Askari Bank it acquired Askari Securities which is now a wholly-owned subsidiary.[5]
Branches[]
Askari Bank has 537 branches across Pakistan and a wholesale bank branch in Bahrain.[5]
Awards and recognitions[]
- The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005.[6]
- Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003.[7]
See also[]
References[]
- ^ Askari Financials 2009
- ^ Baker, Raymond (2005). Capitalism's Achilles heel: Dirty Money and How to Renew the Free-market System. John Wiley and Sons. pp. 82–83. ISBN 978-0-471-64488-0. Retrieved 30 July 2017.
- ^ Masooma, Syeda (May 6, 2019). "Will Askari Bank's new CEO succeed in his desire to shake the bank out of its stupor?". Profit by Pakistan Today.
- ^ "Fauji Foundation to acquire Askari Bank's 100pc shares". The Nation. 19 January 2012.
- ^ a b 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.
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Categories:
- Banks established in 1991
- Banks of Pakistan
- Companies listed on the Pakistan Stock Exchange
- Companies based in Rawalpindi
- 2013 mergers and acquisitions
- Fauji Foundation
- Pakistani companies established in 1991
- Pakistani company stubs