Edge Rewrite
everything Source code View original
// HTMLRewriter · presentation

This page was redesigned at the edge.

Cloudflare fetched the original article and streamed it through HTMLRewriter to apply an entirely new visual system without rebuilding the source page.

// request.cf · coarse context

A page that knows where it met you.

Only coarse request metadata is shown. This demo does not display or persist visitor IP addresses.

Country
US
Cloudflare location
CMH
Connection
HTTP/2
Language
Not provided

Ray ID: a23aa132c927c20a

Jump to content

Askari Bank

From Wikipedia, the free encyclopedia
(Redirected from Foundation Securities)
Askari Bank Limited
Native name
عسکری بینک
FormerlyAskari Commercial Bank
TypePublic limited company
PSX: AKBL
KSE 100 component
IndustryFinancial services
Banking
Islamic Banking
Capital markets
Asset management
Founded9 October 1991; 34 years ago (1991-10-09)
HeadquartersIslamabad, Pakistan
Number of locations
720 (2024)
Area served
Pakistan
Key people
ProductsLoans, credit cards, debit cards, savings, Consumer Banking, Business Banking, Islamic Banking, Priority Banking etc.
RevenueIncrease Rs. 105.18 billion (US$380 million) (2025)
Increase Rs. 55.10 billion (US$200 million) (2025)
Increase Rs. 22.80 billion (US$82 million) (2025)
Total assetsIncrease Rs. 2.89 trillion (US$10 billion) (2025)
Total equityIncrease Rs. 151.74 billion (US$540 million) (2025)
OwnerFauji Consortium (71.91%)
Number of employees
9,163 (2025)
SubsidiariesAskari Exchange Company
Foundation Securities Limited (51%)
Websiteaskaribank.com
Footnotes
Financials as of 31 December 2025 [1]

Askari Bank Limited (Urdu pronunciation: [əs.ˈka.ri bɛŋk] us-KAH-ree-BANK) is a Pakistani commercial and retail bank headquartered in Islamabad.[2] It is a subsidiary of Fauji Fertilizer Company, which is part of Fauji Foundation.[3]

History

[edit]

Askari Bank was founded in October 1991 as Askari Commercial Bank and a year later it was listed on the Karachi Stock Exchange.[3]

In November 2006, Askari Bank established a wholly owned asset management firm named Askari Investment Management Limited.[4]

In June 2013, Askari Bank was acquired by Fauji Foundation from Army Welfare Trust.[5]

In January 2017, Askari Bank sold its subsidiary Askari Investment Management to Pak Oman Asset Management for Rs. 551 million.[6]

In September 2020, Askari Bank acquired Askari Securities which is now a wholly owned subsidiary.[7]

Branches

[edit]

Askari Bank has 719 Branches and more than 600 ATMs across Pakistan and a wholesale bank branch in Bahrain.[8]

See also

[edit]

References

[edit]
  1. ↑ "Askari Bank Annual Report 2025" (PDF). askaribank.com. Retrieved 15 July 2026.
  2. ↑ "Registered Office & Head Office".
  3. 1 2 Masooma, Syeda (May 6, 2019). "Will Askari Bank's new CEO succeed in his desire to shake the bank out of its stupor?". Profit by Pakistan Today.
  4. ↑ "Commercial Banks: ASKARI COMMERCIAL BANK LIMITED - Half Year Ended June 30, 2006 (Un-audited)". Brecorder. November 13, 2006.
  5. ↑ "Fauji Foundation to acquire Askari Bank's 100pc shares". The Nation. 19 January 2012.
  6. ↑ Staff Report (January 5, 2017). "Pak Oman purchases AIML's 100pc share from Askari Bank". Profit by Pakistan Today.
  7. ↑ Profit (2020-09-26). "Askari Securities is now a wholly owned subsidiary of Askari Bank". Profit by Pakistan Today. Retrieved 2020-09-30.
  8. ↑ "Askari Bank Annual Report 2022" (PDF). Askari Bank. 31 December 2022. Retrieved 22 November 2023.
[edit]


Retrieved from "https://en.wikipedia.org/w/index.php?title=Askari_Bank&oldid=1364214999"