Askari bank

introduction
• Introduction
• Formerly known as “Askari Commercial Bank”
• Incorporated on October 9, 1991.
• Listed on Karachi, Lahore and Islamabad Stock Exchange.
• A network of 226 Branches.
• Has 31 dedicated Islamic Branches.
• Total Assets 254.33 billion
 Equity
• Equity is maintain with other banks.
• Almost in banking sector employ think that they are under pay as compare to
their work in branch banking.
• On the other hand head office employs are happy with their pays.
 Pay

Manager pay 40k to 100K

 Pay by contribution
• Commission by cross sell
• Performance Base
 Benefits
• PF fund
• Grade vice life insurance
• Medical insurance
• Soft loan
 Pay for time not work
• 15 day compulsory
• 40 days limits of vacations paid
 Appraisal Evaluator
• Self assessment
• Super visor

Most of the appraisal is done on favouritism.

Promotion are also done on favouritism.