Company Askari Bank Limited

Equities

AKBL

PK0051301015

Banks

End-of-day quote Pakistan S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
25.16 PKR +1.25% Intraday chart for Askari Bank Limited +5.89% +1.78%

Business Summary

Askari Bank Limited. (the Bank) is a Pakistan-based commercial bank. The Bank is principally engaged in the business of banking. The Bank provides personal and business banking services. The Bank's deposit products include Value Plus Product Suite, Askari Asaan Account (AAA), Little Champs Account, Askari Waqaar Account, Askari Maximiser Account, PakWatan Remittance Account, Askari One Year Term Deposit and others. The Bank’s Islamic deposit products include Mudarabah and Qard. It also provides corporate and investment banking, commercial banking, and agriculture banking services for business. Its consumer products include ASK4Car, personal finance, mortgage finance, Mastercard credit cards, Askari world Mastercard credit card, Askari-PIA co-brand credit card and consumer customer services. Its digital banking channels include Internet banking, mobile banking, SMS banking, ATM services, credit cards and debit cards.

Number of employees: 7,595

Sales per Business

PKR in Million2022Weight2023Weight Delta
Branch Banking
50.5 %
28,197 54.6 % 36,696 50.5 % +30.14%
Islamic Banking
14.8 %
5,831 11.3 % 10,738 14.8 % +84.13%
Corporate Banking
14.3 %
9,168 17.7 % 10,406 14.3 % +13.51%
Head Office/Others
14.0 %
4,102 7.9 % 10,186 14.0 % +148.32%
Treasury
3.2 %
1,354 2.6 % 2,347 3.2 % +73.28%
Consumer Banking
2.2 %
1,855 3.6 % 1,635 2.2 % -11.87%
Foreign
1.0 %
1,180 2.3 % 706 1.0 % -40.19%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
99.0 %
50,508 97.7 % 72,008 99.0 % +42.57%
Middle East
1.0 %
1,180 2.3 % 706 1.0 % -40.19%

Managers

Managers TitleAgeSince
Chief Executive Officer - 01/21/01
Director of Finance/CFO - 01/08/01
Chief Operating Officer - -
Compliance Officer - 01/99/01
Corporate Officer/Principal - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - -
Chief Executive Officer - 01/21/01
Director/Board Member - 16/21/16
Director of Finance/CFO - 01/08/01
Shariah Board Member - 01/15/01
Shariah Board Member - 01/15/01
Director/Board Member - 22/20/22
Director/Board Member - 22/20/22
Shariah Board Member - 25/21/25
Shariah Board Member - 25/21/25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,449,299,207 396,612,254 ( 27.37 %) 0 27.37 %

Shareholders

NameEquities%Valuation
625,333,227 43.15 % 46 M ₨
312,666,610 21.57 % 23 M ₨
Fauji Foundation
7.191 %
104,224,366 7.191 % 8 M ₨
National Investment Trust Ltd.
2.105 %
30,500,817 2.105 % 2 M ₨
NBP Fund Management Ltd.
1.411 %
20,447,775 1.411 % 2 M ₨
Faysal Bank Ltd. (Investment Management)
0.4420 %
6,406,542 0.4420 % 475 878 ₨
UBL Fund Managers Ltd.
0.3789 %
5,491,500 0.3789 % 407 909 ₨
HBL Asset Management Ltd.
0.0517 %
749,000 0.0517 % 55 636 ₨
Dawood Capital Management Ltd. (Investment Management)
0.0432 %
626,489 0.0432 % 46 536 ₨
AL Habib Asset Management Ltd.
0.0114 %
165,000 0.0114 % 12 256 ₨

Company contact information

Askari Bank Ltd.

Plot No. 18 NPT Building, F-8 Markaz

44000, Islamabad

+

http://www.akbl.com.pk
address Askari Bank Limited(AKBL)

Group companies

NameCategory and Sector
Major Banks

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
25.16 PKR
Average target price
22.3 PKR
Spread / Average Target
-11.37%
Consensus
  1. Stock Market
  2. Equities
  3. AKBL Stock
  4. Company Askari Bank Limited