Report Company
Allied Bank Limited
Allied Bank is owned and operated by Ibrahim Group, one of the largest industrial conglomerates in Pakistan with businesses in textile, trading, polyester fibres, energy and financial services sectors of the Country.
Established in 1942, Allied Bank today stands on a solid foundation of over 66 years of its existence having strong equity, assets and deposits base.
Following the take over of its management control by Ibrahim Group and subsequent merger of Ibrahim Leasing into Allied Bank in 2004, the Board formulated comprehensive strategic priorities to address the needs to run a world class financial institution. To attain this goal, it was imperative to invest in human resources, systems and technology, with special emphasis on value addition and service quality.
Allied Bank is now one of the largest banks in Pakistan, with a network of 757 branches in over 300 cities and towns offering real-time online banking. The Bank leads the way by having the largest network of over 450 ATMS in more than 145 cities and towns across Pakistan.
Allied Bank also stands amongst the top 1000 banks in the world. This goes to show the improvement in Allied Bank policy, procedures and services during the past few years. Currently, Allied Bank possesses 932nd position in the world. The management has a vision to move forward and to be one of the world's leading Bank.
Based on its excellent financial performance and significant improvement in all areas of risk management & corporate governance, the Pakistan Credit Rating Agency (PACRA) upgraded the long-term credit rating of Allied Bank to AA (double A) and short-term rating to A1+ (A one plus).
Allied Bank offers a full range of commercial, retail, consumer banking and corporate banking services with a focus on service delivery through technology. ABL Asset Management Company (fully owned subsidiary of ABL) provides asset management and financial advisory services.
Recently CFA Association of Pakistan (a member Society of CFA Institute - USA) for the 2nd consecutive year conferred "Corporate Finance House of the Year (Banks) Award for the year 2007". Moreover, "The Banker" awarded ABL with "Deal of the Year Award 2008" for arranging and advising the largest ever financing to a listed company in the Cement Sector of Pakistan.
ABL derives its strength from its quality human resource who are committed to accomplish organizational vision and mission. With people as our most valuable assets, we emphasize in attracting qualitative human resource; retain and nurture them for creating well-rounded employees having capability to drive the organization forward and to be able to raise to the challenges of operating in an increasingly competitive market by adhering our core values - Integrity, Excellence in Service, High Performance, Innovation and Growth.
Established in 1942, Allied Bank today stands on a solid foundation of over 66 years of its existence having strong equity, assets and deposits base.
Following the take over of its management control by Ibrahim Group and subsequent merger of Ibrahim Leasing into Allied Bank in 2004, the Board formulated comprehensive strategic priorities to address the needs to run a world class financial institution. To attain this goal, it was imperative to invest in human resources, systems and technology, with special emphasis on value addition and service quality.
Allied Bank is now one of the largest banks in Pakistan, with a network of 757 branches in over 300 cities and towns offering real-time online banking. The Bank leads the way by having the largest network of over 450 ATMS in more than 145 cities and towns across Pakistan.
Allied Bank also stands amongst the top 1000 banks in the world. This goes to show the improvement in Allied Bank policy, procedures and services during the past few years. Currently, Allied Bank possesses 932nd position in the world. The management has a vision to move forward and to be one of the world's leading Bank.
Based on its excellent financial performance and significant improvement in all areas of risk management & corporate governance, the Pakistan Credit Rating Agency (PACRA) upgraded the long-term credit rating of Allied Bank to AA (double A) and short-term rating to A1+ (A one plus).
Allied Bank offers a full range of commercial, retail, consumer banking and corporate banking services with a focus on service delivery through technology. ABL Asset Management Company (fully owned subsidiary of ABL) provides asset management and financial advisory services.
Recently CFA Association of Pakistan (a member Society of CFA Institute - USA) for the 2nd consecutive year conferred "Corporate Finance House of the Year (Banks) Award for the year 2007". Moreover, "The Banker" awarded ABL with "Deal of the Year Award 2008" for arranging and advising the largest ever financing to a listed company in the Cement Sector of Pakistan.
ABL derives its strength from its quality human resource who are committed to accomplish organizational vision and mission. With people as our most valuable assets, we emphasize in attracting qualitative human resource; retain and nurture them for creating well-rounded employees having capability to drive the organization forward and to be able to raise to the challenges of operating in an increasingly competitive market by adhering our core values - Integrity, Excellence in Service, High Performance, Innovation and Growth.