as "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)
Products
Financial services
Revenue
Rs. 381.73 billion (US$1.3 billion)[1] (2023)
Operating income
Rs. 85.76 billion (US$300 million)[1] (2023)
Net income
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.abl.com
Allied Bank (ABL)(الائیڈ بینک لمیٹڈ) is the fifth largest commercial bank in Pakistan and is a subsidiary of the Ibrahim Group.[2] Allied Bank with its registered office in Lahore is one of the largest banks within the country with over 1,500 branches and ATMs.
It was the first Muslim bank established before Pakistan got independence 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.
^ abcdef"Allied Bank Annual Report 2023" (PDF). abl.com. Retrieved 26 March 2024.
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Global Information
Rs. 381.73 billion (US$1.3 billion)[1] (2023)