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13th February 1992
- This Bank received its license (No. BL-7) under 1962 Ordinance s.27 of Banking Companies from Pakistan State Bank on 13th February 1992.
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Website. askaribank.com. Footnotes / references. Financials as of 31 December 2023. [update] [1] Askari Bank Limited (Urdu: عسکری بینک), formerly Askari Commercial Bank, is a Pakistani commercial and retail bank headquartered in Islamabad. [2] It is a subsidiary of Fauji Fertilizer Company which is part of Fauji Foundation.
Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company. It commenced operation on April 1, 1992, and is principally engaged in the business of banking, as defined in the Banking Companies Ordinance, 1962.
- Askari Bank History
- Branches
- Askari Bank Board of Directors
- Corporate Social Responsibility
- Askari Bank Awards and Achievements
- Training and Development
- Internships
- Bank’s Recruitment Process
- Management Trainee Officer
- Askari Bank Services
The Bank was set up as Public Ltd Company on 9th October 1991, and on 21st June 2013, Fauji Group acquired this Bank. The Bank exists in the PSE (Pakistan Stock Exchange) list. Previously, it was also listed on Islamabad, Lahore, and Karachi Stock exchange before merging into a single combined Stock Exchange, i.e., PSX. This Bank received its licen...
The Bank has five-hundred and thirty-five branches all over Pakistan and a wholesale unit in Bahrain.
Mr. Waqar Ahmad Malik-ChairpersonLieutenant General Tariq Khan-DirectorMr. Sarfraz Ahmad-DirectorDr. Nadeem Inayat-DirectorCSR (Corporate Social Responsibility) is an integral part of the method in which Bank does its business and is an essential element of their strategy. Being socially conscious contributes to less privileged people via several charitable associations working for society’s welfare. The Bank promotes several initiatives that foster community developme...
The Bank won the award for its Best Annual-Report of the year, 2012-second Runner, up by ICMAP and ICAP.The Bank won the award for its Best Annual-Report of the year 2011-second Runner up by ICMAP and ICAP.Award for Presenting Best Annual Report & SAARC Anniversary-Awards for 2011 Corporate Governance Disclosures by South-Asian Accountants Federation.Best Pakistani Retail Bank by the ‘Asian Banker.’The Bank considers its workers as its primary asset and principal contributors to the Bank’s performance and emphasizes retention, motivation, development, and attraction of its workers. The Bank’s human capital is awarded the most outstanding value to achieve their goal of 1st choice bank. The Bank accordingly focuses on developing its employee an...
The internship by Bank is about identifying the resources that can provide maximum exposure in minimum time and encourages those who are willing to make their way towards excellence. Leading seniors further support this learning who utilize their interns as Bank’s asset. The internship is arranged for graduates who want to continue their studies in...
The Bank’s selection procedure is different from post to post and is designed to match an individual’s experiences, interests, skills, and knowledge. Bank administration uses various tools and methods to determine motivations and skill level. The hiring procedure is designed to identify and recruit the best individuals most fairly. Due to the Bank’...
Candidates who want to join Bank’s trainee program have to clear a test that covers these topics: 1. Economics 2. English 3. Business Mathematics 4. General Knowledge 5. Accounting and Finance
Digital Banking
1. Internet Banking 2. SMS Banking 3. Mobile Banking 4. Online Shopping 5. Online Payments via Digital Channels 6. Phone Banking 7. E-Statement 8. ATM 9. Payment of Gov Duties and Taxes 10. RTGS (Real Time Gross Settlement) 11. Pay Pak Debit Card 12. Issuance of Cheque Book 13. SMS Alert Service 14. Askari Visa Debit-Card
Bancassurance
1. Askari Life-Insurance 2. EFU Life Assurance 3. Allianz EFU Health-Insurance
- Muhammad Haris
- Karachi Stock Exchange
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Incorporated in October 1991, Askari Bank commenced its operations in April 1992, and has since expanded into a nation wide presence of 150 branches, including 14 dedicated Islamic Banking...
The bank acquired its license (License No. BL-7) under s.27 of Banking Companies Ordinance, 1962 from State Bank of Pakistan on 13 February 1992. The license was issued by Mr. Saeed Haider Bhatti. View Top Employees from Askari Bank Limited
Commercial Bank Profile Structure Askari Bank Limited (AKBL), incorporated as a public limited company, commenced operations as a Scheduled Commercial Bank in 1992. Background The bank has a steady presence in Islamic banking as well. Started in 2006, the bank provides a range of shariah compliant products under its Islamic brand name Ikhlas .
Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company. It commenced operation on April 1, 1992, and is principally engaged in the business of banking, as...
