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Askari Bank Limited
Type Private
Founded October 09, 1991
Headquarters Rawalpindi, Pakistan
Key people Lt. Gen. Waseem Ahmed Ashraf, Chairman & CEO
M. R. Mehkari
Industry Money Center Banks
Products Banking
Revenue Rs 7.10 billion PKR (2007)
Net income Rs 2.68 billion PKR (2007)
Total assets Rs. 182.17 billion PKR (2007)
Employees 6,808 (2007)
Website www.askaribank.com.pk

Askari Bank Ltd (formerly Askari Commercial Bank) was incorporated in Pakistan on October 9, 1991, as a Public Limited Company. It started its operations during April 1, 1992. The bank principally deals with banking, as defined in the Banking Companies Ordinance, 1962. The Bank is listed on the Karachi, Lahore & Islamabad Stock Exchanges and its shares are currently the highest quoted from among the new private sector banks in Pakistan.

Askari Bank has expanded into a nationwide presence of 150 branches, and an offshore banking Unit in Bahrain. A shared network of over 1,100 online ATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2007, the bank had equity of PKR 12.27 billion and total assets of PKR 182.17 billion, with over 800,000 banking customers, serviced by our 6,808 employees.

[edit] Functions

Locations of Askari Bank Ltd branches in Pakistan

[edit] Services

  • Corporate & Investment Banking
  • Personal Banking
  • Mortgage Finance
  • Business Finance
  • Travellers Cheques
  • Profit / Markup Rates on Retail Products

[edit] Internet banking

Askari Bank has also introduced online banking. Customers are able to view their bank information and use their accounts for money transfer and use other features.




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