Askari Commercial Bank

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Askari Commercial Bank Ltd
Type Private
Founded October 09, 1991
Headquarters Rawalpindi, Pakistan
Key people Lt. Gen. Waseem Ahmed Ashraf, Chairman & CEO
Shaharyar Ahmad
Industry Money Center Banks
Products Banking
Revenue Rs 5.453 billion PKR (2005)
Net income Rs 2.022 billion PKR (2005)
Employees 2,754 (2005)
Slogan Inspiring Relations
Website www.askaribank.com.pk

Askari Commercial Bank Ltd was incorporated in Pakistan on October 09, 1991, as a Public Limited Company. It started its operations during April 1, 1992. The bank principally deals with mainly banking, as defined in the Banking Companies Ordinance, 1962. The Bank is listed on the Karachi, Lahore & Islamabad Stock Exchanges and its shares are currently the highest quoted from among the new private sector banks in Pakistan.

Askari Bank has expanded into a nation wide presence of 102 branches, and an offshore banking Unit in Bahrain. A shared network of over 1,100 online ATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2005, the bank had equity of PKR 8.6 billion and total assets of PKR 145.1 billion, with over 600,000 banking customers, serviced by our 2,754 employees.

Contents

[edit] Mission

To be the leading private sector bank in Pakistan with an international presence, delivering quality service through innovative technology and effective human resource management in a modern and progressive organizational culture of meritocracy, maintaining high ethical and professional standards, while providing enhanced value to all our stake-holders, and contributing to society.

[edit] Functions

Locations of Askari Commercial Bank Ltd branches in Pakistan
Locations of Askari Commercial Bank Ltd branches in Pakistan

[edit] Services

Askari Commercial Bank offers a wide range of services to its customers and recognizes the importance of efficient business delivery and providing timely solutions.

  • Personal Banking
  • Mortgage Finance
  • Business Finance
  • ASKCAR - Car Finance
  • ASKCARD
  • Travellers Cheques
  • AskPower
  • AskSmart
  • Value Plus
  • Profit / Markup Rates on Retail Products

[edit] Internet Banking

Askari Commercial Bank has also introduced online banking. Customers are able to view their bank information and use their accounts for money transfer and use other features.

[edit] Board of Directors

  • Lt. Gen. Waseem Ahmed Ashraf - Chairman
  • Lt. Gen. (R) Zarrar Azim - Chairman Executive Committee
  • Mr. Shaharyar Ahmad - President & Chief Executive
  • Brig (R) Muhammad Shiraz Baig - Director
  • Brig (R) Asmat Ullah Khan Niazi - Director
  • Brig (R) Muhammad Bashir Baz - Director
  • Brig (R) Shaukat Mahmood Chaudhari - Director
  • Mr. Zafar Alam Khan Sumbal - Director
  • Mr. Kashif Mateen Ansari - Director
  • Mr. Muhammad Najam Ali - Director
  • Mr. Muhammad Afzal Munif - Director
  • Mr. Tariq lqbal Khan - Director (NIT Nominee)

[edit] External Links