Askari Bank

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Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Askari Bank Limited (Script error: No such module "IPA". Script error: No such module "Respell".) is a Pakistani commercial and retail bank headquartered in Islamabad.[1] It is a subsidiary of Fauji Fertilizer Company, which is part of Fauji Foundation.[2]

History

Askari Bank was founded in October 1991 as Askari Commercial Bank and a year later it was listed on the Karachi Stock Exchange.[2]

In November 2006, Askari Bank established a wholly-owned asset management firm named Askari Investment Management Limited.[3]

In June 2013, Askari Bank was acquired by Fauji Foundation from Army Welfare Trust.[4]

In January 2017, Askari Bank sold its subsidiary Askari Investment Management to Pak Oman Asset Management for Template:PKR.[5]

In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.[6]

Branches

Askari Bank has 600 branches and more than 500 ATMs across Pakistan and a wholesale bank branch in Bahrain.[7]

See also

References

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External links

Template:Fauji Foundation Template:KSE 100 Template:KSE 30 Template:Banking in Pakistan


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