Allied Bank Limited

Allied Bank Limited
Company typePublic
PSXABL
KSE 100 component
IndustryBanking
Foundedas "Australasia Bank", 3 December 1942; 81 years ago (1942-12-03)
Lahore, Pakistan
Headquarters
Lahore-54000
,
Pakistan
Key people
  • Mohammad Naeem Mukhtar (chairman)
  • Aizid Razzaq Gill (CEO)
ProductsFinancial services
RevenueIncrease Rs. 381.73 billion (US$1.3 billion)[1] (2023)
Increase Rs. 85.76 billion (US$300 million)[1] (2023)
Increase Rs. 40.68 billion (US$140 million)[1] (2023)
Total assetsIncrease Rs. 2.32 trillion (US$8.0 billion)[1] (2023)
Total equityIncrease Rs. 194.25 billion (US$670 million)[1] (2023)
Number of employees
12,528[1] (2023)
ParentIbrahim Group
Websitewww.abl.com

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.

  1. ^ a b c d e f "Allied Bank Annual Report 2023" (PDF). abl.com. Retrieved 26 March 2024.
  2. ^ Cite error: The named reference Dawn was invoked but never defined (see the help page).