# Allied Bank Limited Pakistan

> Source: https://docs.barcoder.ai/docs/wallets/allied-bank-pakistan
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Allied — official](https://www.abl.com/)

## Key details

- **Parent:** assets

## Overview

**Allied Bank Limited Pakistan** is **PSX: ABL** + **Pakistani commercial bank** + **Ibrahim Group Pakistani conglomerate Sheikh Mukhtar Ahmed family controlling** + **one of Pakistan's largest commercial banks by assets** + **founded Dec 3 1942 as Australasia Bank then 1974 Allied Bank rebrand post-nationalization** <sup>[1][1], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>.

## History

**Dec 3 1942 — Australasia Bank founded in Lahore (then British India)** distinctive Pakistani banking heritage.

**1974 — Australasia Bank renamed Allied Bank post-nationalization by Pakistani government**.

**2004 — Allied Bank privatised + 2005 Ibrahim Group Pakistani conglomerate acquisition**.

**2014 — myABL Bank mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Allied Bank Limited ABL** (Pakistani commercial bank; PSX: ABL).

**Major shareholders**: **Ibrahim Group (Pakistani conglomerate; Sheikh Mukhtar Ahmed family controlling) ~85%+ controlling + Pakistani retail + institutional + foreign investors free float**.

**Regulators**: **SBP State Bank of Pakistan**.

## Technical integration

myABL Bank mobile app (iOS + Android) + abl.com online + Allied Bank Limited branch network across Pakistan + Allied Visa + Mastercard cards; PK IBAN + Raast + Pak-QR.

## Implementations & partners

**Major Pakistani banking + payments competitors**: [Habib Bank Limited (HBL)](https://docs.barcoder.ai/docs/wallets/habib-bank-pakistan) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + [UBL United Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/ubl-pakistan) (United Bank Limited UBL; PSX: UBL) + [MCB Bank Pakistan](https://docs.barcoder.ai/docs/wallets/mcb-pakistan) (MCB Bank; PSX: MCB; Nishat Group Pakistani conglomerate parent) + [Meezan Bank](https://docs.barcoder.ai/docs/wallets/meezan-bank) (Meezan Bank; PSX: MEBL; Pakistan's largest Islamic bank by assets) + [Askari Bank](https://docs.barcoder.ai/docs/wallets/askari-bank) (Askari Bank Limited; PSX: AKBL; Pakistani commercial bank) + [Bank Alfalah (Alfa App)](https://docs.barcoder.ai/docs/wallets/bank-alfalah) (Bank Alfalah; PSX: BAFL; Pakistani commercial bank) + [Faysal Bank](https://docs.barcoder.ai/docs/wallets/faysal-bank) (Faysal Bank; PSX: FABL; Pakistani Islamic bank) + [Standard Chartered Pakistan](https://docs.barcoder.ai/docs/wallets/standard-chartered-pakistan) (Standard Chartered Pakistan; LSE: STAN + SEHK: 2888) + [Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa) (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank) + [JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash) (JazzCash; Mobilink/VEON Pakistani mobile money).

**Regulators**: SBP State Bank of Pakistan.

## Status

**Active, PSX:ABL + Pakistani commercial bank + Ibrahim Group Pakistani conglomerate Sheikh Mukhtar Ahmed family controlling + one of Pakistan's largest commercial banks by assets + founded Dec 3 1942 as Australasia Bank then 1974 Allied Bank rebrand post-nationalization** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.abl.com/ "Allied — official"
[2]: https://en.wikipedia.org/wiki/Allied_Bank_Limited_(Pakistan) "Allied — Wikipedia"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [Allied — official][1]
- [2] [Allied — Wikipedia][2]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [allied-bank-pakistan.md](https://docs.barcoder.ai/source/wallets/allied-bank-pakistan). See `matrix.md` for standards-support matrix if present.