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Allied Bank Ltd (ABL)

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99.00 +0.63 +0.64%

30/04 - Closed. Currency in PKR ( Disclaimer )

Type: Equity

Market: Pakistan

ISIN: PK0083501012

S/N: ABL

Volume: 22,500
Bid/Ask: 99.00 / 99.80
Day's Range: 98.00 - 99.89

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Allied Bank Ltd Company Profile

Get an in-depth profile of Allied Bank Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryBanking Services

SectorFinancials

Employees

11612

Equity Type

ORD

Allied Bank Limited provides various banking products and services in Pakistan, the Middle East, and China. It operates through Corporate & Investment Banking, Trading and Sales, Commercial & Retail Banking, Islamic Banking, and Others segments. The company offers current and savings accounts; savings and term deposits; everyday accounts; transaction and business accounts; bancassurance services; remittance services; trade services; treasury services; asset and cash management solutions; and car, home, SME, personal, solar system, electric bike, scooty, consumer, and agriculture financing services. It also provides corporate banking services, including working capital loans, term loans, trade finance facilities, letters of guarantee and credit, fund transfers, bill discounting, export financing, and receivable discounting services; investment banking services, such as debt syndications and capital market solutions, and project financing and corporate advisory services; and Islamic banking products and services. In addition, the company offers credit and debit cards; and automated teller machine (ATM), online banking, safe deposit locker, utility bill payment, phone banking, customer support, foreign exchange, and other services. It operates Islamic banking branches, a branch in Karachi Export Processing Zone, and a Wholesale banking branch in Bahrain, as well as ATMs. The company was formerly known as Allied Bank of Pakistan and changed its name to Allied Bank Limited in 2005. Allied Bank Limited was incorporated in 1942 and is headquartered in Lahore, Pakistan. Allied Bank Limited operates as a subsidiary of Ibrahim Holdings (Private) Limited.

Contact Information

Address 3 Tipu Block Main Boulevard
New Garden Town Lahore, 54000
Pakistan

Phone 92 42 3588 0043

Fax 92 42 3590 9146

Web www.abl.com

Top Executives

Name	Age	Since	Title
Mubashir A. Akhtar	-	2021	Independent Director
Abdul Aziz Khan	-	2004	Non-Executive Director
Nazrat Bashir	-	2018	Independent Director
Aizid Razzaq Gill	-	2018	President, CEO & Executive Director
Zafar Iqbal	-	2015	Independent Director
Tayyab Amin	-	2018	Resident Shariah Board Member
Muhammad Iftikhar Baig	-	2018	Chairman of Shariah Board
Sheikh Mukhtar Ahmad	-	2005	Non-Executive Sponsor Director
Muhammad Waseem Mukhtar	-	2004	Non-Executive Sponsor Director
Mohammad Naeem Mukhtar	-	2004	Non-Executive Sponsor Chairman
Mahmood Ahmad	-	2015	Member of Shariah Board

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Kaka Mama Aug 07, 2021 1:30AM ET

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saeedkhan Pakistan

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Usman Rajput Sep 24, 2020 8:20PM ET

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Brother and sister's u need to check current circumstances of pakistan its shows some nagitivity around for short term but long term good to buy

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mani jan Apr 21, 2018 5:17AM ET

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ABL seems bullish or may be 90 is best to buy again

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Adnan Siddiqui Nov 26, 2017 3:44AM ET

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approaching band of 73 to 67.8 in a December to Jan 2018.

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hamid haider Sep 21, 2017 4:04PM ET

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ABL DOWN LOOK THE CHART

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Malik Zohaib Hussain Aug 29, 2016 6:47AM ET

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https://invst.ly/2boil. its time to hold your shares for good profits!. See the chart!. If u r not in buy so buy any lower degree correction and enjoy!.

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Mubashir Anis May 13, 2016 2:58AM ET

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ABL trades at a CY16F P/B of 1.0x and P/E of 6.1x while offering a D/Y of 8.2%. Valuations. . provide a strong floor, particularly the high dividend yield while anticipated reversal in. . interest rate cycle from Sep’16 can act as a significant trigger.

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