November 28, 2014 10:02 PM ET

Banks

Company Overview of Askari Bank Limited

Company Overview

Askari Bank Limited provides various banking products and services to individual and business customers primarily in Pakistan and the Middle East. Its Corporate Finance segment is engaged in corporate and investment banking activities, such as mergers and acquisition, underwriting, privatization, securitization, secondary private placements, and IPO’s related activities. The company’s Trading and Sales segment is involved in treasury and money market activities. Its Retail Banking segment provides loans, deposits, credit cards, and other products to retail customers. The company’s Commercial Banking segment offers services related to project finance, export finance, trade finance, leasing, l...

AWT Plaza

The Mall

PO Box No. 1084

Rawalpindi,  46000

Pakistan

Founded in 1991

4,411 Employees

Phone:

92 51 906 3000

Fax:

92 51 927 2455

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 Executive Changes

Askari Bank Limited announced that Mr. M.A. Ghazali Marghoob has ceased to be the Company Secretary of the bank and Mr. Umar Shahzad has been appointed as the new Company Secretary.

Askari Bank Limited Announces Unaudited Unconsolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Askari Bank Limited announced unaudited unconsolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported mark-up /return /interest earned of PKR 9,064,752,000 compared to PKR 6,999,015,000 a year ago. Profit before taxation was PKR 1,404,646,000 compared to PKR 173,771,000 a year ago. Profit after taxation was PKR 972,497,000 or PKR 0.77 per basic share compared to PKR 157,254,000 or PKR 0.19 per basic share a year ago. For the nine months, the company reported mark-up /return /interest earned of PKR 24,963,894,000 compared to PKR 20,616,772,000 a year ago. Profit before taxation was PKR 4,423,444,000 compared to loss of PKR 6,161,573,000 a year ago. Profit after taxation was PKR 157,254,000 or PKR 2.47 per basic share compared to loss after taxation of PKR 3,950,001,000 or PKR 3.13 per basic share a year ago.

Askari Bank Limited to Report Q3, 2014 Results on Oct 25, 2014

Askari Bank Limited announced that they will report Q3, 2014 results on Oct 25, 2014

Similar Private Companies By Industry

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Rozgar Microfinance Bank Limited Middle East/Africa
Burj Bank Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 27, 2014
Askari General Insurance Company Limited
 

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