Askari Bank

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Askari Bank Limited
Type	Private
Founded	October 09, 1991
Headquarters	Rawalpindi, Pakistan
Key people	Lt. Gen. Waseem Ahmed Ashraf, Chairman & CEO M. R. Mehkari (Acting)
Industry	Money Center Banks
Products	Banking
Revenue	▲Rs 5.453 billion PKR (2005)
Net income	▲Rs 2.022 billion PKR (2005)
Total assets	Rs. 145.1 billion PKR (2005)
Employees	2,754 (2005)
Website	www.askaribank.com.pk

Askari Bank Ltd (formerly Askari Commercial Bank) was incorporated in Pakistan on October 9, 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 136 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.

1 Mission
2 Functions
- 2.1 Services
- 2.2 Internet banking
3 Board of directors
4 External links

[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

[edit] Services

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

Corporate & Investment Banking
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 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.