ASKARI COMMERCIAL BANK LIMITEDINTRODUCTION:
Askari Commercial Bank Limited is a division of Army Welfare Trust of Pakistan (AWT). It was incorporated in Pakistan on October 9, 1991, as a public limited company. It commenced its operation on April 1, 1992. AskariCommercial Bank Limited is a scheduled commercial bank and it works under the prudential regulations of the State Bank of Pakistan and is engaged in the business of banking, as defined in the Banking Companies Ordinance, 1962.The Bank is listed in Karachi, Lahore and Islamabad Stock Exchanges and itsshare price is currently the highest quoted from among the new private sector banks in Pakistan currently 48% of its shares are held by AWT.Askari Bank has expanded into a nation wide presence of 98 Branches, andan Offshore Banking Unit in Bahrain. A shared network of over 1,100 onlineATMs covering all major cities in Pakistan supports the delivery channels for customer service. As on December 31, 2005, the Bank had equity of Rs. 8.6 billion and total assets of Rs. 145.1 billion, with over 600,000 bankingcustomers, serviced by our 2,754 employees
To achieve sustained growth and profitability in all areas of business.
To build and sustain a high performance culture, with a continuousimprovement focus.
To develop a customer-service oriented culture with special emphasison customer care and convenience.3