Askari Bank : AKBL | Askari Bank Limited Corporate Briefing Session 2023
August 29, 2023 at 04:15 pm IST
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Corporate Briefing
For the Quarter and Half year ended June 30, 2023
Basic facts
Sponsors
Fauji Group (71.91%)
1992
2.4M
7.6K
602
Founded
Clients
Employees
Branches
PKR 1.99 Tr
PKR 76.8 Bn
PKR 31.6 Bn
PKR 17 Bn
Total Income
Pft Before Tax
Total Assets
Equity
(H1'23 YTD)
(H1'23 YTD)
44%
23.7%
18.8Bn
15.05%
CIR (YTD)
RoE (YTD An)
Market Cap.
CAR
(Jun'23)
International
400K
Market Share
Presence
712
*Bahrain Branch
AKBL i-net/ app
Deposits (5.0%)
ATM
*China Rep
users
Office
Credit Rating
AA+
by PACRA
Askari Bank Limited - Corporate Brief
Balance Sheet Snapshot (Rupees in million)
Jun-22
Dec-22
Mar-23
Jun-23 YoY QoQ
Cash & Bal
123,985
80,627
118,609
145,841
18%
23%
Lending to FI
23,500
407
100
100
~
~
Advances (net)
546,910
583,811
581,019
622,816
14%
7%
Investments (net)
778,747
762,531
842,620
1,098,816
41%
30%
Fixed & Others
76,156
98,758
119,733
121,493
60%
1%
Total Assets
1,549,298
1,526,134
1,662,081
1,989,067
28%
20%
Deposits
1,085,300
1,142,575
1,192,676
1,269,627
17%
6%
Borrowings
327,591
233,432
323,113
540,356
65%
67%
Sub.loans
12,000
12,000
12,000
12,000
~
~
Other Liabilities
59,403
64,805
62,495
90,263
52%
44%
Total Liabilities
1,484,294
1,452,812
1,590,284
1,912,246
29%
20%
Paid up Capital
12,603
12,603
14,493
14,493
15%
~
Reserves
48,200
56,767
60,451
64,909
35%
7%
Reval Surplus
4,200
3,952
(3,147)
(2,582)
n.m
-18%
Total Equity
65,003
73,322
71,797
76,821
18%
7%
Book Value per Share-
44.85
50.59
49.54
53.01
18%
7%
Restated (Rs)
Askari Bank Limited - Corporate Brief
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Askari Bank Ltd. published this content on 29 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 August 2023 10:44:08 UTC.
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 Bankâs 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.