Traded As: | KSE 100 component |
Askari Bank Limited | |
Native Name: | Urdu: عسکری بینک |
Former Name: | Askari Commercial Bank |
Type: | Public limited company |
Location: | Islamabad, Pakistan |
Num Employees: | 7,881 |
Industry: | Financial services Banking Islamic Banking Capital markets Asset management |
Area Served: | Pakistan |
Products: | Loans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc. |
Assets Year: | 2023 |
Equity Year: | 2023 |
Revenue Year: | 2023 |
Num Employees Year: | 2023 |
Parent: | Fauji Foundation |
Income Year: | 2023 |
Net Income Year: | 2023 |
Owner: | Fauji Fertilizer Company (43.14%) Fauji Fertilizer Bin Qasim (21.57%) Fauji Foundation (7.19%) |
Subsid: | Askari Exchange Company Foundation Securities Limited (51%) |
Footnotes: | Financials [1] |
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.[3]
It was founded on October 9, 1991, as a public limited company.[3]
On June 21, 2013, the bank was acquired by Fauji Group.[4]
In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.[5]
Askari Bank has 600 branches and more than 500 ATMs across Pakistan and a wholesale bank branch in Bahrain.[6]