March 24, 2017 9:31 AM ET

Banks

Company Overview of Askari Bank Limited

Company Overview

Askari Bank Limited provides banking products and services to individual and corporate customers primarily in Pakistan and the Middle East. The company operates through Corporate Finance, Trading And Sales, Retail Banking, Commercial Banking, Payment And Settlement, Agency Services, Retails Brokerage, and Asset Management segments. It provides term deposits, and current and savings accounts; consumer banking comprising auto financing, personal finance, mortgage finance, and debit and credit cards; and corporate banking services, such as working capital facilities, term loans, structured trade finance facilities, letters of guarantee, letters of credit, fund transfers/remittances, bill discou...

NPT Building

Third Floor

Plot No. 18

F-8 Markaz

Islamabad,  

Pakistan

Founded in 1991

6,428 Employees

Phone:

92 51 809 2000

Fax:

92 51 285 7448

Key Executives for Askari Bank Limited

Askari Bank Limited does not have any Key Executives recorded.

Askari Bank Limited Key Developments

Askari Bank Limited Announces Directorate Changes

Askari Bank Limited announced that Lt Gen Muhammad Haroon Aslam, director has ceased to be the director of the bank with effect from February 07, 2017 and Lt Gen Javed Iqbal has been appointed as director.

Askari Bank Limited Announces Unaudited Consolidated and Unconsolidated Earnings Results for the Full Year Ended December 31, 2016

Askari Bank Limited announced unaudited consolidated and unconsolidated earnings results for the full year ended December 31, 2016. For the quarter, the company reported consolidated interest income was PKR 15,015,933 against interest income of PKR 14,904,048 a year ago. Profit before taxation was PKR 8,483,260 against profit before taxation of PKR 8,290,938 a year ago. Profit after tax from continued operations was PKR 522,947 against profit after tax from continued operations of PKR 4,902,661 a year ago. Profit attributable to equity holders of the bank was PKR 5,228,775 against profit attributable to equity holders of the bank of PKR 4,940,255 a year ago. For the quarter, the company reported unconsolidated interest earned was PKR 35,512,309 against interest earned of PKR 36,592,093 a year ago. Profit before taxation was PKR 8,476,948 against profit before taxation of PKR 8,431,696 a year ago. Profit after tax was PKR 5,220,635 against profit after tax of PKR 5,043,419 a year ago. Basic earnings per share was PKR 4.14 against basic earnings per share of PKR 4 a year ago.

Askari Bank Limited to Report Fiscal Year 2016 Results on Feb 14, 2017

Askari Bank Limited announced that they will report fiscal year 2016 results on Feb 14, 2017

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 5, 2017
Askari Investment Management Limited
 

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