Askari Bank Limited

Native name	عسکری بینک لمیٹڈ
Formerly	Askari Commercial Bank
Company type	Public limited company
Traded as	PSX: AKBL
Industry	Financial services Banking Islamic Banking Capital markets Asset management
Founded	9 October 1991; 32 years ago (1991-10-09)
Headquarters	Rawalpindi-46000, Pakistan
Area served	Pakistan
Key people	Waqar Ahmed Malik (Chairman) Atif Riaz Bokhari (CEO)
Products	Loans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc.
Revenue	Rs. 51.582 billion (US$180 million)[1] (2022)
Operating income	Rs. 27.459 billion (US$95 million)[1] (2022)
Net income	Rs. 14.062 billion (US$49 million)[1] (2022)
Total assets	Rs. 1.526 trillion (US$5.3 billion)[1] (2022)
Number of employees	7,348[1] (2022)
Parent	Fauji Foundation
Website	www.askaribank.com

Bund do loan lo Askari Bank Ltd (Urdu: عسکری بینک لیمٹڈ), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and 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.^[2]

In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.^[3]

Branches

Askari Bank has 600 branches and more than 500 ATMs across Pakistan and a wholesale bank branch in Bahrain.^[4]

Awards and recognitions

• The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005.^[5]
• Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003.^[6]