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Askari Bank Limited (Urdu: عسکری بینک), formerly Askari Commercial Bank, is a Pakistani commercial and retail bank headquartered in Islamabad.[2] It is owned by Fauji Foundation.
History
It was founded on October 9, 1991, as a public limited company.
On June 21, 2013, the bank was acquired by Fauji Group.[3]
In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.[4]
Branches
Askari Bank has 600 branches and more than 500 ATMs 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 Bank Annual Report 2023" (PDF). askaribank.com. Retrieved 26 March 2024.
- ^ "Head office".
- ^ "Fauji Foundation to acquire Askari Bank's 100pc shares". The Nation. 19 January 2012.
- ^ Profit (2020-09-26). "Askari Securities is now a wholly owned subsidiary of Askari Bank". Profit by Pakistan Today. Retrieved 2020-09-30.
- ^ "Askari Bank Annual Report 2022" (PDF). Askari Bank. 31 December 2022. Retrieved 22 November 2023.
- ^ "The Excellence in Retail Financial Services International Awards". asianbankerforums.com.
- ^ "Features : The World's Best Internet Banks, 2004". Global Finance Magazine. 6 June 2023.
External links
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