Company type | Public |
---|---|
PSX: ABL KSE 100 component | |
Industry | Banking |
Founded | as "Australasia Bank", 3 December 1942 Lahore, Pakistan |
Headquarters | Lahore-54000 , Pakistan |
Key people | |
Products | Financial services |
Revenue | Rs. 381.73 billion (US$1.3 billion)[1] (2023) |
Rs. 85.76 billion (US$300 million)[1] (2023) | |
Rs. 40.68 billion (US$140 million)[1] (2023) | |
Total assets | Rs. 2.32 trillion (US$8.0 billion)[1] (2023) |
Total equity | Rs. 194.25 billion (US$670 million)[1] (2023) |
Number of employees | 12,528[1] (2023) |
Parent | Ibrahim Group |
Website | www |
Allied Bank Limited (ABL) (Urdu: الائیڈ بینک لمیٹڈ) is a Pakistani commercial bank based in Lahore, Punjab, Pakistan. It is a subsidiary of the Ibrahim Group.[2]
It was founded in 1942 with the name of Australasia Bank. It was renamed to Allied Bank of Pakistan, from Australasia Bank Limited in 1974, and Sarhad Bank Ltd, Lahore Commercial Bank Ltd and Pak Bank Ltd were also merged in it.