Askari Bank Limited, established as a public limited company in Pakistan on October 9, 1991, commenced its operations on April 1, 1992. Governed by the Banking Companies Ordinance of 1962, the bank is listed on the Pakistan Stock Exchange. Since its inception, Askari Bank has prioritized growth by enhancing service quality, investing in technology, and developing its workforce. Its extensive branch network includes specialized services in Islamic and agricultural banking. Corporate Social Responsibility (CSR) is deeply embedded in Askari Bank’s ethos, driving its commitment to public interest through community development, educational support, sports promotion, environmental initiatives, and socio-cultural contributions.
Contact Information
There are many ways to reach them, and they look forward to assisting you with any inquiries or needs.
Askari Bank Limited Head Office
| Location: | Third Floor, Plot No. 18, NPT Building, F-8 Markaz, Islamabad |
| UAN: | +92 (021) 111 000 787 or +92 (051) 111-000-787 |
| Fax: | +92 051 2857448 |
| Email: | ir@askaribank.com.pk |
| Website: | https://askaribank.com/ |
Askari Bank Limited BIC / Swift Code
| ASCMPKKAXXX is the SWIFT code for Askari Bank Limited. | |||
| ASCM | PK | KA | XXX |
| Bank code | Country code | Location code | Branch code |
Products and Services Offered by Askari Bank Limited
Retail Banking
Askari Bank provides a variety of retail banking services to meet the everyday financial needs of individuals. Their offerings include:
- Savings Accounts: Options with competitive interest rates to help customers grow their savings.
- Current Accounts: Flexible accounts designed for daily transactions and business needs.
- Fixed Deposits: Secure fixed deposit schemes that offer attractive returns over time.
- Consumer Loans: Personal, home, and auto loans with convenient repayment options.
- Debit and Credit Cards: Secure and user-friendly debit and credit card services for everyday purchases.
- Remittance Services: Efficient services for sending and receiving money both domestically and internationally.
Corporate Banking
For businesses, Askari Bank delivers comprehensive financial solutions aimed at fostering growth and managing operational needs:
- Working Capital Finance: Customized solutions to manage the working capital requirements of businesses.
- Trade Finance: Full range of services to support both domestic and international trade activities.
- Corporate Loans: Tailored loan products designed to meet the specific financing needs of corporate clients.
- Cash Management: Efficient services to optimize cash flow and manage funds effectively.
- Corporate Advisory: Expert advisory services for mergers, acquisitions, and corporate restructuring.
Islamic Banking
Askari Bank offers a range of Sharia-compliant banking services, ensuring that customers can bank according to their faith:
- Mudarabah Savings Account: Profit-sharing accounts that comply with Islamic principles.
- Musharakah and Ijarah Financing: Sharia-compliant financing options for various assets and business needs.
- Takaful: Islamic insurance products offering comprehensive coverage.
- Islamic Term Deposits: Fixed-term investment products that align with Sharia laws.
- Islamic Consumer Finance: Home and auto financing solutions that adhere to Islamic guidelines.
Agricultural Banking
Supporting the agricultural sector, Askari Bank offers specialized financing options for farmers and agribusinesses:
- Tractor Finance: Affordable financing solutions for purchasing tractors.
- Farm Mechanization Finance: Loans aimed at modernizing farm equipment.
- Livestock Finance: Financial support tailored for livestock farming needs.
- Crop Loans: Financing solutions designed to support crop production and enhancement.
Digital Banking
Askari Bank’s digital banking services provide customers with convenient and secure ways to manage their finances:
- Internet Banking: A secure online platform for 24/7 access to accounts and banking services.
- Mobile Banking: A user-friendly mobile app that allows banking on the go.
- ATM Services: A vast network of ATMs across Pakistan for easy access to cash and other banking services.
- SMS Alerts: Instant notifications for account activities and transactions.
SME Banking
Small and medium enterprises (SMEs) can benefit from Askari Bank’s tailored services and financial products:
- SME Loans: Various financing options to support the growth and operations of small and medium businesses.
- Business Accounts: Accounts specifically designed to meet the needs of SMEs.
- Trade Services: Comprehensive support for trade-related financial needs of SMEs.
Wealth Management
For clients looking to grow and manage their wealth, Askari Bank offers a range of investment and asset management services:
- Investment Services: Expert advice and investment products to help clients achieve their financial goals.
- Asset Management: Comprehensive solutions to manage and grow assets.
- Mutual Funds: Diverse mutual fund options to suit different investment strategies and risk appetites.
Remittances
Askari Bank provides efficient remittance services to facilitate the transfer of money locally and internationally:
- Domestic and International Remittances: Reliable services for sending and receiving funds.
- Western Union Services: Fast and secure money transfer services through Western Union.
Bancassurance
Combining banking and insurance, Askari Bank offers various insurance products to protect clients and their assets:
- Life Insurance: Comprehensive life insurance products to secure the future of loved ones.
- Health Insurance: Health insurance plans that offer extensive medical coverage.
- General Insurance: Coverage options for a range of general insurance needs, protecting against various risks.
Askari Bank Limited’s extensive range of products and services is designed to cater to the diverse needs of individuals and businesses, ensuring their financial goals are effectively met through innovative and customer-focused solutions.