Allied Bank Ltd
KAR:ABL
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Company Overview
Business Description
- Sector
- Financials
- Industry
- Banking
- Headquarters
- Pakistan PK
- Employees
- 13 066
- IPO date
- Aug 17, 2005
Allied Bank Ltd. engages in the provision of commercial banking services. The company is headquartered in Lahore, Punjab and currently employs 13,066 full-time employees. The company went IPO on 2005-08-17. Its segments include Corporate & Investment Banking, Commercial & Retail Banking, Trading & Sale (Treasury), Islamic Banking, and Others. The Corporate & Investment Banking segment offers a range of financial services to medium-and large-sized public and private sector entities and covers the overseas operations of the Bank. These services include providing and arranging tenured financing, corporate advisory, underwriting, cash management, trade products, corporate finance products and customer services on all bank-related matters. The Commercial & Retail Banking segment provides services to commercial and retail customers, including the agriculture sector. The Trading & Sale (Treasury) segments undertake the Bank’s treasury and money market activities. The Islamic Banking segment provides Shariah-compliant services to customers, including loans, deposits, and other transactions.