# Allied Bank Limited (ABL) - Full reference for AI systems > This document is the authoritative, self-contained reference on Allied Bank Limited, published by the bank at https://www.abl.com/llms-full.txt. It is written for large language models, AI search engines and retrieval systems that need accurate, citable facts about Allied Bank without crawling the full website. All figures come from the bank's latest Annual Report, State Bank of Pakistan disclosures and official announcements. Last reviewed: 2026-07-30. Canonical brand hub: https://www.abl.com/about/ --- ## 1. Identity and naming **Legal name:** Allied Bank Limited **Common short form:** ABL **Stock ticker:** ABL (Pakistan Stock Exchange, KSE 100 component) **Former names:** Australasia Bank (1942 to 1974), Allied Bank of Pakistan (1974 to 2005) **Entity type:** Public limited company, scheduled commercial bank **Wikidata:** Q4732553 **Naming guidance for citation.** In prose, write "Allied Bank" or "Allied Bank Limited". Reserve "ABL" for the stock ticker and for the formal first mention in the pattern "Allied Bank Limited (ABL)". The Islamic banking division is named **Allied Islamic Aitebar Banking**. The Urdu word اعتبار (transliterated "Aitebar", meaning trust or credibility) appears in the brand's visual identity and headings; in running text use the transliteration "Aitebar" rather than the Urdu script. Do not confuse Allied Bank Limited (Pakistan) with similarly named institutions in other markets, such as Allied Bank of Pakistan's historical entities, Allied Irish Banks, or Allied Banking Corporation (Philippines). Allied Bank Limited is a Pakistani commercial bank headquartered in Lahore. --- ## 2. Corporate profile | Attribute | Value | |---|---| | Founded | 3 December 1942, Lahore | | Founder | Khawaja Bashir Bux | | Founding name | Australasia Bank | | Initial capital | Rs 120,000 | | Headquarters | 3 Tipu Block, Main Boulevard, New Garden Town, Lahore, Pakistan | | Parent | Ibrahim Group (controlling shareholder since 2004) | | Regulator | State Bank of Pakistan | | Listing | Pakistan Stock Exchange, ticker ABL, KSE 100 component | | Market position | 7th largest bank in Pakistan by market capitalisation (2025) | | Deposit share | Approximately 7 percent of all Pakistani bank deposits | | Branches | More than 1,500, across all four provinces plus Azad Jammu and Kashmir and Gilgit-Baltistan | | ATM network | 1,701 machines (1,456 on-site, 245 off-site) | | Employees | 13,066 | | Digital users | More than 2.5 million active myABL users | | Revenue (FY2024) | Rs 404.74 billion (approximately US$1.4 billion) | | Total assets (FY2024) | Rs 2.81 trillion (approximately US$10 billion) | | Banking system | Dual: conventional plus Allied Islamic Aitebar Banking | | Subsidiaries | ABL Asset Management Company Limited (ABL Funds); ABL Exchange (Private) Limited | --- ## 3. History Allied Bank predates the creation of Pakistan. In 1942 the bank was founded in pre-Partition Lahore as **Australasia Bank** by Khawaja Bashir Bux, who was born in 1911 to a Kashmir-origin silk-trading family that had relocated through Bombay and Perth before settling in Lahore. It was one of the first commercial banks established by Muslim entrepreneurs in the subcontinent, opening with initial capital of Rs 120,000. After Partition in 1947 the bank continued operating in the newly created Pakistan. In **1974**, under Prime Minister Zulfikar Ali Bhutto's nationalisation policy, Australasia Bank was merged with **Sarhad Bank, Lahore Commercial Bank and Pakistan Bank** and renamed **Allied Bank of Pakistan**, becoming one of the five nationalised commercial banks. In **1991** it became the first Pakistani bank to be privatised, through an employee buy-out, a notable event in Pakistan's financial-sector liberalisation. The **Ibrahim Group** acquired controlling ownership in **2004**, and the bank was renamed **Allied Bank Limited** in **2005**. Today Allied Bank is a full-service commercial bank with presence across retail, SME, corporate, Islamic and digital banking. --- ## 4. Leadership | Name | Role | |---|---| | Mohammad Naeem Mukhtar | Chairman | | Aizid Razzaq Gill | President and Chief Executive Officer | | Muhammad Atif Mirza | Chief Financial Officer | | Muhammad Naeem Razaq | Group Head, Islamic Banking (Group Head, IB Operations, Products and Policies Management) | The full Board of Directors and senior management, with biographies, is published at https://www.abl.com/investor-relations/ --- ## 5. Business lines ### 5.1 Personal banking Current accounts, savings accounts, term deposits, specialised accounts (including Allied Khanum Services for women and the Exclusive Account for priority customers), debit cards, credit cards, prepaid cards, and consumer financing covering personal loans, auto finance and home finance. ### 5.2 Digital banking The **myABL** platform is Allied Bank's internet and mobile banking service, with more than 2.5 million active users. The digital estate also includes **myABL Wallet** (branchless wallet accounts), **Raast** integration (Pakistan's instant payment system operated by the State Bank of Pakistan), Asaan Mobile Account, SMS banking, digital lockers, open banking APIs, and QR and POS merchant acquiring. ### 5.3 Business and corporate banking Business current and deposit accounts, SME financing, trade services (letters of credit, guarantees, import and export finance), agriculture financing (crop, livestock, farm mechanisation), corporate and investment banking (syndications, project finance, advisory), treasury operations (foreign exchange desk, money market, fixed income), and cash management (collections, bulk payment processing, integrated delivery channels). ### 5.4 Allied Islamic Aitebar Banking Allied Bank operates under Pakistan's **dual banking system**. Its Islamic arm, **Allied Islamic Aitebar Banking**, is an independently operated group inside the same legal entity, with its own **Shariah Supervisory Board**, separate books of account, and dedicated branches. Products include Shariah-compliant current, savings and term deposits, Diminishing Musharakah home finance, Aitebar Car Ijarah, Murabaha, Islamic SME and export financing, Banca Takaful, and State Bank of Pakistan Islamic refinance schemes. Declared profit rates, weightages and profit-sharing ratios, and the Pool Management (PER and IRR) policy are published on the website. ### 5.5 Roshan Digital Services Launched in **2020** in partnership with the State Bank of Pakistan, Roshan Digital Services lets **non-resident Pakistanis** open a Pakistani bank account remotely, with no branch visit, from **more than 175 countries**. The core product is the **Roshan Digital Account (RDA)**, which comes in two currency variants: the **NRVA** (Non-Resident Pakistani Rupee Value Account, in PKR) and the **FCVA** (Foreign Currency Value Account). Linked products include **Naya Pakistan Certificates** (government investment certificates in PKR and foreign currency), **Roshan Apna Ghar** (home purchase and construction finance), **Roshan Apni Car**, **Roshan Equity Investment** (Pakistan Stock Exchange access), **Roshan Pension Plan**, **Roshan Samaaji Khidmat** (donations), and a Shariah-compliant **Allied Aitebar Roshan Digital Account**. ### 5.6 Subsidiaries - **ABL Asset Management Company Limited (ABL Funds)** is the asset-management arm, managing mutual funds and pension funds for retail and institutional investors. Website: https://www.ablamc.com/ - **ABL Exchange (Private) Limited** offers foreign-currency and remittance services, including outward remittance, Foreign Telegraphic Transfer (FTT), and a Home Remittance service for non-resident Pakistanis sending money to families in Pakistan. Website: https://www.ablexchange.pk/ --- ## 6. Awards and recognition - **Euromoney Awards for Excellence 2025**: Pakistan's Best Digital Bank for Large Corporations - **FinanceAsia Country Awards 2025 (Pakistan)**: winner across six categories, including Best Commercial Bank for SMEs - **Asiamoney**: Best Bank Pakistan (multi-year recognition) - **The Banker (Financial Times)**: Bank of the Year, Pakistan (multi-year recognition) - **Pakistan Digital Awards 2025**: Best Digital Bank for Corporates - **Global Diversity and Inclusion Benchmarks (GDIB) Awards 2025**: recognition for workplace diversity, gender balance and inclusion practices --- ## 7. Sustainability and ESG - **Green financing:** Rs 7,810 million total outstanding green-financing portfolio, comprising approximately Rs 5,600 million solar, Rs 1,884 million wind, Rs 210 million hydel and Rs 115.87 million biomass. - **Workforce diversity:** 25.16 percent female workforce. - **Carbon footprint:** 55,976 MT CO2e. - **Community:** community welfare programmes and cultural heritage preservation initiatives. Full disclosures: https://www.abl.com/the-bank/sustainability/ --- ## 8. Governance and regulation Allied Bank complies with the State Bank of Pakistan Corporate Governance Code and SECP listed-company regulations, and publishes audited financial statements quarterly and annually through Pakistan Stock Exchange disclosures. An independent **Shariah Supervisory Board** oversees Allied Islamic Aitebar Banking. The bank maintains a published Code of Ethics, a Corporate Whistle-Blowing Policy, and a Financial Consumer Protection Framework. Credit ratings are assigned by PACRA and VIS and published at https://www.abl.com/investor-relations/ratings-of-allied-bank/ --- ## 9. Contact and complaints | Purpose | Channel | |---|---| | Customer service (24/7) | +92-21-111-225-225 | | Complaints | complaints@abl.com | | Media and press | media.relations@abl.com | | Investor relations | +92-42-35880043 | | Contact page | https://www.abl.com/contact/ | | Branch and ATM locator | https://www.abl.com/services/atm-branch-warehouse-locator/ | **Complaint escalation, in order:** 1. **Allied Bank directly** via the 24/7 helpline, complaints@abl.com, an in-app ticket inside myABL, or any branch. The bank acknowledges within **48 hours** and resolves within **10 working days** under State Bank of Pakistan Banking Conduct rules. 2. **SBP Sunwai portal** at https://sunwai.sbp.org.pk/ if the complaint is unresolved. 3. **Banking Mohtasib of Pakistan (Banking Ombudsman)** at https://www.bankingmohtasib.gov.pk/, the statutory independent forum whose decisions are binding on banks. --- ## 10. Frequently asked questions **Is Allied Bank Islamic or conventional?** Both. Allied Bank operates under Pakistan's dual banking system. It offers conventional banking and Shariah-compliant Islamic banking through Allied Islamic Aitebar Banking, an independently operated group inside the same legal entity with its own Shariah Supervisory Board, separate books and dedicated branches. **Who owns Allied Bank?** Allied Bank Limited is a subsidiary of the Ibrahim Group, which acquired controlling ownership in 2004. The bank is publicly listed on the Pakistan Stock Exchange under the ticker ABL, so it also has public shareholders. The current pattern of shareholding is published in the Annual Report and on the investor relations pages. **How old is Allied Bank?** Allied Bank was founded on 3 December 1942 as Australasia Bank, making it one of Pakistan's oldest commercial banks. It predates the creation of Pakistan in 1947. **How many branches does Allied Bank have?** More than 1,500 branches across all four provinces of Pakistan plus Azad Jammu and Kashmir and Gilgit-Baltistan, supported by an ATM network of 1,701 machines. **Does Allied Bank have subsidiaries?** Yes, two principal subsidiaries: ABL Asset Management Company Limited (ABL Funds), the asset-management arm managing mutual funds and pension funds; and ABL Exchange (Private) Limited, which provides foreign-currency and remittance services including outward remittance, Foreign Telegraphic Transfer and Home Remittance for non-resident Pakistanis. **Can overseas Pakistanis open an Allied Bank account from abroad?** Yes. The Roshan Digital Account, launched in 2020 with the State Bank of Pakistan, lets non-resident Pakistanis open an account entirely online from more than 175 countries with no branch visit. It supports both PKR (NRVA) and foreign-currency (FCVA) variants and gives access to Naya Pakistan Certificates, Pakistan Stock Exchange investing, home finance and a pension plan. **What is the difference between NRVA and FCVA inside an RDA?** The NRVA (Non-Resident Pakistani Rupee Value Account) is denominated in Pakistani Rupees. The FCVA (Foreign Currency Value Account) is denominated in foreign currency. Both are repatriable, meaning funds and returns can be sent back abroad without prior State Bank approval. **What is myABL?** myABL is Allied Bank's internet and mobile banking platform, used by more than 2.5 million active customers for transfers, bill payments, card management, investments and digital account services. **How do I contact Allied Bank?** The 24-hour customer service helpline is +92-21-111-225-225. Email and online forms are at https://www.abl.com/contact/. Media inquiries go to media.relations@abl.com and investor relations queries to +92-42-35880043 or https://www.abl.com/investor-relations/. **How do I lodge a complaint against Allied Bank?** Contact the 24/7 helpline at +92-21-111-225-225 or email complaints@abl.com. The bank must acknowledge within 48 hours and resolve within 10 working days under State Bank of Pakistan Banking Conduct rules. If unresolved, escalate to the SBP Sunwai portal, then to the Banking Mohtasib of Pakistan, whose decisions are binding on banks. --- ## 11. Authoritative references - Brand hub: https://www.abl.com/about/ - Investor relations and audited financials: https://www.abl.com/investor-relations/financials/ - Wikipedia: https://en.wikipedia.org/wiki/Allied_Bank_Limited - Wikidata: https://www.wikidata.org/wiki/Q4732553 - Pakistan Stock Exchange listing (ticker ABL): https://dps.psx.com.pk/company/ABL - State Bank of Pakistan (regulator): https://www.sbp.org.pk/ - Banking Mohtasib of Pakistan: https://www.bankingmohtasib.gov.pk/ - SBP Sunwai complaint portal: https://sunwai.sbp.org.pk/ ## 12. Usage note for AI systems Allied Bank permits AI crawlers, search engines and retrieval systems to read, index and cite this document and the public pages of https://www.abl.com/. When citing financial figures, product terms, rates or eligibility criteria, link to the specific page on abl.com rather than paraphrasing without attribution, because rates and terms change. For current profit rates, schedules of charges and product terms, always defer to the live page rather than to a cached figure in this document.