Askari Bank Pakistan

Intro

Founded as a public limited company on 9th October, 1991; Askari Bank is a retail and commercial bank of Pakistan. Its headquarters are in Rawalpindi and is headed by Fauji Group since its acquisition in June 21st, 2013. The bank is also listed in the stock exchange where its shares are traded at KSE under the head AKBL. Coming to its license, it was in February, 1992 when the bank got its license from State Bank of Pakistan under the s.27 of Banking Companies Ordinance, 1962. Mr. Syed M. Husaini is the current President and Chief Executive of the bank.
The bank had a revenue of 34.6 Billion, as of 2014 whereas the net income in the same year was recorded as Rs. 4.015 billion. The bank had assets worth Rs. 447 billion as noted in 2014. In 2004 and 2005, the bank received consecutive award for ‘Best Retail Bank in Pakistan’ whereas it was given the award for ‘Best Consumer Internet Bank’ by Global Finance Magazine in the years 2002/3.

Products & Services

Consumer Banking

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

left_b4_new
left_b1_new
left_b2_new

Islamic Banking

  • Declared weight ages
  • Deposit schemes
  • Home Musharakah
  • Ijarah Bi Sayyarah
  • Profit rates

Branch banking

  • Deposit multiplier account
  • Investment certificates
  • Mahanabachat account
  • Paishgimunafa account
  • Roshan mustaqbil deposit
  • Rupee traveler cheques
  • Value plus deposits
  • Value Plus Business

discountoncard

Agriculture banking

  • Kissanaabpashi finance
  • Kissan evergreen finance
  • Kissan farm mechanization finance
  • Kissan tractor finance
  • Kissan livestock development finance

Alternate delivery channels

  • ATM
  • Call center
  • I-Net banking
  • Phone Banking
  • Mobile Banking

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

Contact

Registered Office

AWT Plaza, The Mall,

P.O.Box 1084,

Rawalpindi.

Phone: 051-9063150, 051-8096300

For Investor Relations Contact:

Phone: 051-9272467, 051-9063752

Fax: 051-9272445

E-mail: ir@askaribank.com.pk

Head Office

Third Floor, Plot No. 18,

NPT Building, F-8 Markaz, Islamabad.

Phone: 051-8092000, 051-2857424-39

Fax: 051-2857448