Askari Bank

Infobox_Company
company_name = Askari Bank Limited
company_
company_type = Private
company_slogan = Inspiring Relations
foundation = October 09, 1991
location = Rawalpindi, Pakistan
key_people = Lt. Gen. Waseem Ahmed Ashraf, Chairman & CEO
M. R. Mehkari (Acting)
num_employees = 2,754 (2005)
industry = Money Center Banks
products = Banking
assets = Rs. 145.1 billion PKR (2005)
revenue = profitRs 5.453 billion PKR (2005)
net_income = profitRs 2.022 billion PKR (2005)
homepage = [http://www.askaribank.com.pk/ 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.

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.

Functions

ervices

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

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.

Board of directors

* Lt. Gen. Waseem Ahmed Ashraf - Chairman
* Lt. Gen. (R) Zarrar Azim - Chairman Executive Committee
* Mr. M.Rafiq Mehkari - 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 Iqbal Khan - Director (NIT Nominee)

External links

* [http://www.askaribank.com.pk www.askaribank.com.pk] - Official website