Askari Bank

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Askari Bank Limited
Native name
عسکری بینک لیمٹڈ
FormerlyAskari Commercial Bank
TypePublic limited company
IndustryFinancial services
Islamic Banking
Capital markets
Asset management
Founded9 October 1991; 32 years ago (1991-10-09)
HeadquartersRawalpindi-46000, Pakistan
Area served
Key people
ProductsLoans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc.
RevenueIncrease Rs. 51.582 billion (US$180 million)[1] (2022)
Increase Rs. 27.459 billion (US$95 million)[1] (2022)
Increase Rs. 14.062 billion (US$49 million)[1] (2022)
Total assetsIncrease Rs. 1.526 trillion (US$5.3 billion)[1] (2022)
Number of employees
7,348[1] (2022)
ParentFauji Foundation

Askari Bank Ltd (Urdu: عسکری بینک لیمٹڈ), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and is owned by Fauji Foundation.


It was founded on October 9, 1991, as a public limited company.

On June 21, 2013, the bank was acquired by Fauji Group.[2]

In September 2020, Askari Bank acquired Askari Securities which is now a wholly-owned subsidiary.[3]


Askari Bank has 600 branches across Pakistan and a wholesale bank branch in Bahrain.[4]

Awards and recognitions[edit]

  • The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005.[5]
  • Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003.[6]

See also[edit]


  1. ^ a b c d e f "Askari Bank Annual Report 2022" (PDF). Retrieved 22 November 2023.
  2. ^ "Fauji Foundation to acquire Askari Bank's 100pc shares". The Nation. 19 January 2012.
  3. ^ Profit (2020-09-26). "Askari Securities is now a wholly owned subsidiary of Askari Bank". Profit by Pakistan Today. Retrieved 2020-09-30.
  4. ^ "Askari Bank Annual Report 2022" (PDF). Askari Bank. 31 December 2022. Retrieved 22 November 2023.
  5. ^ "The Excellence in Retail Financial Services International Awards".
  6. ^ "Features : The World's Best Internet Banks, 2004". Global Finance Magazine. 6 June 2023.

External links[edit]