Allied Bank Limited: A Comprehensive Guide to the Bank

Allied Bank Limited is one of the largest banks in Pakistan, with a rich history dating back to 1942. It was established by Dewan Mohammad Hussain and Sir Alexander Albert Rattray.

The bank's early years were marked by significant growth, with the opening of its first branch in Lahore in 1942. This was followed by the opening of branches in other major cities, including Karachi and Peshawar.

Today, Allied Bank Limited has a strong presence in Pakistan, with over 1,500 branches and a large network of ATMs. The bank offers a wide range of financial services, including personal and business banking, loans, and investments.

The bank's commitment to customer service has earned it a loyal customer base, with many customers praising its efficient and friendly staff.

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If you're looking for the IBAN code for Allied Bank Limited in Pakistan, it's a 24-character code that consists of a 2-letter country code, a 2-digit check number, 4 characters from the bank code, and a 16-digit code for the bank account number.

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The country code for Pakistan is PK.

The check digits for Allied Bank Limited in Pakistan are 93.

The bank code for Allied Bank Limited is ABPA.

The IBAN code in print format for Allied Bank Limited in Pakistan is PK93 ABPA 0000 0011 2345 6702.

Here's a breakdown of the IBAN code for Allied Bank Limited in Pakistan:

The full IBAN code for Allied Bank Limited in Pakistan is PK93ABPA0000001123456702.

If you're making or expecting to receive an international money transfer to a bank account in Pakistan, you'll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly. An IBAN contains all of the country, bank, and account details you need to send or receive money internationally.

The IBAN for Allied Bank Limited in Pakistan consists of 24 characters, including a 2-letter country code, 2-digit check number, 4 characters from the bank code, and 16 digits for the bank account number.

Here's a breakdown of the IBAN structure:

The bank details for Allied Bank Limited are straightforward. The bank's name is Allied Bank Limited, and its SWIFT code is ABPAPKKA949.

You can identify the bank's branch using its branch code, which is 949. The branch name is also Allied Bank Limited, and it's located on Floor LG of the ABL Building, Main Clifton Road, Bath Island.

Here are the bank's details in a concise list:

If you're looking to return a payment or deposit to Allied Bank Limited, you'll need to know the bank's branch details. The bank's SWIFT code is ABPAPKKA, but the full code is 8 characters, which is ABPAPKKA.

You can visit the bank's branch in Karachi, specifically at FLOOR LG, ABL BUILDING, MAIN CLIFTON ROAD, BATH ISLAND. The branch code is 949, and the bank's name is, of course, Allied Bank Limited.

To find the bank's location, you can look for the branch name, which is also Allied Bank Limited, or check the city, which is Karachi, Pakistan.

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A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. It's a unique identifier that helps facilitate international money transfers.

The bank code is a 4-letter code that represents the bank, often resembling a shortened version of the bank's name. I've seen this code used in various transactions, and it's always interesting to see how it's derived from the bank's name.

The country code is a 2-letter code that represents the country where the bank is located. This is an important part of the SWIFT/BIC code, as it helps the recipient's bank know where to send the funds.

The location code is made up of 2 characters, which can be either letters or numbers, and indicates where the bank's head office is located. This code is used to pinpoint the bank's location within the country.

The branch code is a 3-digit code that specifies a particular branch of the bank. If the branch code is 'XXX', it represents the bank's head office.

Here's a breakdown of the components of a SWIFT/BIC code:

HSBC Bank is based in London, UK. I've heard that London is a great city to visit, but I've never been there myself.

Allied Bank Limited is based in Lahore, Punjab. I've seen pictures of Lahore and it looks like a beautiful place.

Bank of America is based in Charlotte, North Carolina. I've never been to North Carolina, but I've heard the food is amazing.

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Allied Bank Limited is one of the largest banks in Pakistan, with a rich history dating back to 1947.

It was founded by several prominent businessmen of the country, including the Aga Khan.

The bank has undergone several mergers and acquisitions over the years, with the most significant one being the merger with Mehran Bank in 2005.

This merger significantly increased the bank's assets and branches, making it a major player in the Pakistani banking industry.

Today, Allied Bank Limited operates over 1,600 branches across Pakistan and has a strong presence in the country's financial sector.

The bank offers a wide range of financial services, including consumer and corporate banking, Islamic banking, and insurance.

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Allied Bank Limited's financial reports are an essential part of understanding the company's performance and growth. The income statement and estimates provide valuable insights into the company's financial health.

The stock market and equities are closely tied to Allied Bank Limited's financial reports, with ABL Stock being a key indicator of the company's performance. Allied Bank Limited is the company behind ABL Stock.

The company's financial reports are a crucial tool for investors and analysts, providing a detailed picture of the company's income statement and estimates.

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Announcements are a crucial part of a company's financial reporting, and Allied Bank Limited has made several significant announcements in the past year.

Allied Bank Limited announced its Financial Results for the year ended December 31, 2024 on February 4, 2025.

The bank also declared a 3rd Interim Cash Dividend (D-61) for the year ending December 31, 2024 on November 22, 2024.

In addition, Allied Bank Limited announced the transmission of its Quarterly Report for the period ended September 30, 2024 on October 30, 2024.

The bank's Board Meeting was held on January 27, 2025, and the agenda included the consideration of financial results.

Allied Bank Limited also held an Extraordinary General Meeting on August 27, 2024, where resolutions were passed and adopted by the shareholders.

Here are the key announcements made by Allied Bank Limited in the past year:

These announcements demonstrate the bank's commitment to transparency and shareholder engagement, and provide valuable insights into the company's financial performance and governance.

In the financial reports of Allied Bank Limited, we can see who the major shareholders are.

Ibrahim Holdings Pvt Ltd holds a significant amount of equities, with 90% of the total. Their valuation is around 530 million rupees.

The Allied Bank Employees Superannuation Funds hold a much smaller percentage, at 0.8297%. Their valuation is around 5 million rupees.

Other notable shareholders include National Investment Trust Ltd, holding 0.0932% of the equities, and NBP Fund Management Ltd, holding 0.0157%.

Here's a list of the shareholders and their percentages:

AKD Investment Management Ltd holds the smallest percentage, at 0.003086%.

Income Statement Estimates are a crucial part of financial reports, and Allied Bank Limited's ABL Stock is no exception. The company's income statement is a snapshot of its revenues and expenses over a specific period.

Equities, like ABL Stock, are listed on the Stock Market, where investors can buy and sell shares. This is where Allied Bank Limited's financial performance is publicly disclosed.

To estimate a company's income, you need to look at its historical financial data, which is typically found in its income statement. Allied Bank Limited's income statement is a good place to start.

The income statement for Allied Bank Limited's ABL Stock is a detailed breakdown of its revenues and expenses. It's a useful tool for investors and analysts who want to understand the company's financial health.

By analyzing the income statement, you can gain insights into a company's profitability, revenue growth, and expenses. This information can be used to make informed investment decisions or to evaluate a company's financial performance.

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Annual revenue is a key metric used in financial reports to measure a company's total income from its business activities over a specific period of time.

For instance, Allied Bank Limited reported an annual revenue of $320.3 million in 2025, which is a significant figure for any business.

This revenue figure can give investors and stakeholders an idea of a company's financial performance and its ability to generate income.

Annual revenue is typically reported in financial reports, such as annual reports or quarterly earnings statements.

Companies use various methods to calculate their annual revenue, including sales, services, and other income-generating activities.

As we can see from Allied Bank Limited's example, a high annual revenue can be a good indicator of a company's financial health and stability.

Allied Bank Limited has a strong presence in Pakistan with a network of over 1,500 branches and 1,700 ATMs.

The bank operates with a team of over 15,000 employees who provide customer service and support.

At the helm of the bank is a Board of Directors that oversees the bank's overall strategy and direction.

The Executive Committee plays a crucial role in the decision-making process of a company.

At Allied Bank Limited, the CEO, Aizid Razzaq Gill, has been leading the team since December 31, 2020.

The Director of Finance/CFO, Muhammad Atif Mirza, oversees the financial aspects of the company.

Shahid Owais has been serving as the Chief Investment Officer since May 31, 2005, giving him a wealth of experience in this role.

The company's Investor Relations Contact, Sikandar Ali Khan, and Corporate Officer/Principal, Jamil Khan, provide important support to the Executive Committee.

Here's a breakdown of the Executive Committee members:

The Board of Directors at Allied Bank Limited is composed of several members, each with their own title and tenure. The Chairman of the Board is Mohammad Naeem Mukhtar, who has held this position since 2003.

The Board consists of both Board Members and Shariah Board Members. The Board Members include Abdul Aziz Khan, Muhammad Waseem Mukhtar, Sheikh Mukhtar Ahmad, Zafar Iqbal, Nazrat Bashir, and Aizid Razzaq Gill.

Zafar Iqbal, a 74-year-old Board Member, has been part of the Board since 2015. In contrast, Aizid Razzaq Gill, another Board Member, joined the Board in 2020.

The Shariah Board Members are Mahmood Ahmad, Muhammad Iftikhar Baig, and Tayyab Amin.

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The COO Position is a crucial role in any company, and it's interesting to see how it's structured in different organizations. Tahir Quershi is the COO of Allied Bank Limited.

The Chief Operating Officer (COO) is responsible for overseeing the day-to-day operations of a company, making sure everything runs smoothly and efficiently.

Tahir Quershi's experience as the COO of Allied Bank Limited shows the importance of this role in a financial institution.

At Allied Bank Limited, a significant number of people are employed to manage the day-to-day operations. 6,783 people are employed at Allied Bank Limited.

The bank's structure is designed to efficiently handle customer transactions and financial services. Allied Bank Limited has a large workforce to cater to its extensive customer base.

The bank's employment numbers are a testament to its growing presence in the market. With 6,783 people on board, Allied Bank Limited is well-equipped to handle its operations.