Allied Bank Limited (PSX: ABL)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
132.12
-0.88 (-0.66%)
At close: Dec 24, 2024

Allied Bank Company Description

Allied Bank Limited provides various banking products and services in Pakistan, the Middle East, and China.

It operates through Corporate & Investment Banking, Trading and Sales, Commercial & Retail Banking, Islamic Banking, and Others segments.

The company offers current and savings accounts; savings and term deposits; everyday accounts; transaction and business accounts; bancassurance services; remittance services; trade services; treasury services; asset and cash management solutions; and car, home, SME, personal, solar system, electric bike, scooty, consumer, and agriculture financing services.

It also provides corporate banking services, including working capital loans, term loans, trade finance facilities, letters of guarantee and credit, fund transfers, bill discounting, export financing, and receivable discounting services; investment banking services, such as debt syndications and capital market solutions, and project financing and corporate advisory services; and Islamic banking products and services.

In addition, the company offers credit and debit cards; and automated teller machine (ATM), online banking, safe deposit locker, utility bill payment, phone banking, customer support, foreign exchange, and other services.

It operates Islamic banking branches, a branch in Karachi Export Processing Zone, and a Wholesale banking branch in Bahrain, as well as ATMs.

The company was formerly known as Allied Bank of Pakistan and changed its name to Allied Bank Limited in 2005.

Allied Bank Limited was incorporated in 1942 and is headquartered in Lahore, Pakistan. Allied Bank Limited operates as a subsidiary of Ibrahim Holdings (Private) Ltd.

Allied Bank Limited
Country Pakistan
Founded 1942
Industry Commercial Banks
Employees 11,991
CEO Aizid Gill

Contact Details

Address:
3 Tipu Block
Lahore, 54000
Pakistan
Phone 92 42 3588 0043
Website abl.com

Stock Details

Ticker Symbol ABL
Exchange Pakistan Stock Exchange
Fiscal Year January - December
Reporting Currency PKR
SIC Code 6020

Key Executives

Name Position
Aizid Gill Chief Executive Officer
Muhammad Mirza Chief Financial Officer
Saad Hashemy Head of Investor Relations