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Allied Bank
Main Activities: Banking and Credit Intermediation
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Company Information |
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Full name Allied Bank Limited (Allied Bank Limited) Headquarters Khyaban-e-Iqbal, Main Clifton Rd, Bath Island, Karachi, Pakistan; Karachi; Sindh |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : PK0083501012 Financial Auditors: Ford Rohdes Sidat Hyder & Co (2007) Incorporation Date: February 1, 2010 Total Employees: 7,139 Tel: +92-21- 111 110 110 |
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Company Description |
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Allied Bank was the first Muslim bank to have been established in Pakistan. Established in December 1942 as the Australasia Bank in Lahore with a paid-up share capital of Rs. 0.12 million under the Chairmanship of Khawaja Bashir Bux, the Bank attracted deposits equivalent to Rs. 0.431 million in its first eighteen months of business. At the time, the Bank’s total assets amounted to Rs. 0.572 million. Today, Allied Bank's paid up Capital & Reserves amount to Rs. 10.5 billion, deposits |
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