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...
PO Box No. 1084
Founded in 1991
Askari Bank Limited Announces Executive Changes
Oct 28 14
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
Oct 27 14
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
Oct 15 14
Askari Bank Limited announced that they will report Q3, 2014 results on Oct 25, 2014