Wallets/askari-bank
Askari Bank
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Overview
Askari Bank is PSX: AKBL + Pakistani commercial bank + Fauji Foundation Pakistani military welfare foundation + AKBL Askari Welfare Trust ~71%+ controlling + one of Pakistan's largest commercial banks 1, Pakistan report.
History
Oct 9 1991 — Askari Commercial Bank founded by Army Welfare Trust as Pakistani military-anchored commercial bank distinctive Pakistani military-anchored banking heritage.
Apr 2013 — Askari Commercial Bank acquired by Fauji Foundation Pakistani military welfare foundation.
2014 — Askari Bank mobile banking app launch.
Ownership & operator
Operating entity: Askari Bank Limited (Pakistani commercial bank; PSX: AKBL).
Major shareholders: Fauji Foundation (Pakistani military welfare foundation; Pakistani military welfare conglomerate) + AKBL Askari Welfare Trust ~71%+ controlling + Pakistani retail + institutional + foreign investors free float.
Regulators: SBP State Bank of Pakistan.
Technical integration
Askari Bank mobile app (iOS + Android) + askaribank.com online + Askari Bank branch network across Pakistan + Bahrain international branches + Askari Visa + Mastercard cards; PK IBAN + Raast + Pak-QR.
Implementations & partners
Major Pakistani banking + payments competitors: Habib Bank Limited (HBL) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + UBL United Bank Limited Pakistan (United Bank Limited UBL; PSX: UBL) + MCB Bank Pakistan (MCB Bank; PSX: MCB; Nishat Group Pakistani conglomerate parent) + Allied Bank Limited Pakistan (Allied Bank Limited; PSX: ABL; Ibrahim Group Pakistani conglomerate parent) + Meezan Bank (Meezan Bank; PSX: MEBL; Pakistan's largest Islamic bank by assets) + Bank Alfalah (Alfa App) (Bank Alfalah; PSX: BAFL; Abu Dhabi Group controlling) + Faysal Bank (Faysal Bank; PSX: FABL; Pakistani Islamic bank; Ithmaar Bank Bahraini parent ~67%+ controlling) + Standard Chartered Pakistan (Standard Chartered Pakistan; LSE: STAN + SEHK: 2888) + Easypaisa (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank) + JazzCash (JazzCash; Mobilink/VEON Pakistani mobile money).
Regulators: SBP State Bank of Pakistan.
Status
Active, PSX:AKBL + Pakistani commercial bank + Fauji Foundation Pakistani military welfare foundation + AKBL Askari Welfare Trust ~71%+ controlling + one of Pakistan's largest commercial banks 1, 2.
Sources
- 1 Askari — official
- 2 Askari — Wikipedia
- Pakistan report In-corpus:
reports/countries/PK-pakistan.md
Source
Biography extracted from askari-bank.md. See matrix.md for standards-support matrix if present.