Tag Archives: Allied Bank Limited

Allied Bank Limited’s approval of 2nd Interim Cash Dividend for the Year 2016

Karachi, August 10, 2016 (PPI-OT):The Board of Directors of Allied Bank Limited in its meeting held today, has approved second interim cash dividend for the year ending December 31, 2016 @ 17.5% i.e. Rs. 1.75 per share. The Share Transfer Books of the Bank will remain closed from August 25, 2016 to August 31, 2016 …

Allied Bank and Mobilink partner to promote financial inclusion and domestic remittance

Karachi, June 29, 2016 (PPI-OT):Allied Bank, the fourth largest private sector commercial bank in Pakistan with a branch network of over 1,050 branches and Mobilink, the nation’s largest Mobile Network Operator with over 35M subscribers have announced a partnership to promote financial inclusion through enabling of JazzCash domestic remittance services for ABL to mutually serve …

Allied Bank Limited’s approval of 1st Interim Cash Dividend for Year 2016

Karachi, April 26, 2016 (PPI-OT):The Board of Directors of Allied Bank Limited in its meeting held today, has approved first interim cash dividend for the year ending December 31, 2016 @ 17.5% i.e. Rs. 1.75 per share. The Share Transfer Books of the Bank will remain closed from May 11, 2016 to May 17, 2016 …

Financial results of ABL Asset Management Company Limited for the period ended June 11, 2015

Karachi: ABL Asset Management Company Limited informed Karachi Stock Exchange about that the Chief Executive Officer of ABL Asset Management Company Limited ABL AMCL on behalf of the Board of Directors, on June 12, 2015. The agenda of the meeting Interim distribution of Rs.1.4370 per unit (14.37% of the per value of Rs.10) for ABL-IF for the period ended June 11, 2015 Further, The above entitlement will be distributed to the unit holders whose name appeared in the register of unit holders of ABL-IF at the close of business day on Thursday June 11, 2015. Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related services. The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain. The subsidiary of the company includes ABL Asset Management Company Limited. The bank is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is situated at Lahore. The services of the company are in the personal and business banking segment. The services of the bank in the banking segment includes everyday accounts, lifestyle banking, savings and term deposits, credit and debit cards, domestic remittances, banc-assurance and e-banking services. The symbol “ABL” is being used by the stock exchanges for the shares of Allied Bank Limited.

Annual general meeting of Allied Bank Limited to be held on March 26, 2015

Karachi: Allied Bank Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on March 26, 2015 at Karachi. The agenda of the meeting will be confirming the minutes of annual general meeting held on March 27, 2014, consideration of the audited financial statement of the company for the year ended December 31, 2014, considering the payment of cash dividend of 20%, appointing and fixing remuneration of auditors. Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related services. The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain. The subsidiary of the company includes ABL Asset Management Company Limited. The bank is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is situated at Lahore. The services of the company are in the personal and business banking segment. The services of the bank in the banking segment includes everyday accounts, lifestyle banking, savings and term deposits, credit and debit cards, domestic remittances, banc-assurance and e-banking services. The symbol “ABL” is being used by the stock exchanges for the shares of Allied Bank Limited.

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Allied Bank Limited’s credit rating June 2013

Karachi, July 10, 2013 (PPI-OT): In Terms of prudential regulation (G-4) we are pleased to attach copy of Rating Report issued by PACRA on Allied Bank Limited (ABL). The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus). The Short-Term Rating of the Bank is already at […]

Allied Bank Limited’s appointment of chief executive officer

Karachi, May 28, 2013 (PPI-OT): This is to inform that the Board of Directors of Allied Bank Limited (ABL) in its meeting held today has approved appointment of Mr. Tariq Mahmood as Chief Executive Officer (CEO) of the Bank w.e.f. June 17, 2013 upon completion of term of existing CEO Mr. Khalid A. Sherwani. The […]

Allied Bank Limited’s dispatch/ credit of bonus shares and payment of final cash dividend for the year 2012

Lahore, April 08, 2013 (PPI-OT): The Shareholders of Allied Bank Limited (ABL) in their 57th AGM held on March 27, 2013 have approved 20% Final Cash Dividend and 10% Bonus Shares. Following actions have been taken accordingly; a) The dividend warrants have been dispatched to the shareholders through registered post from March 27, 2013 to […]

Allied Bank Limited’s dispatch of 3rd interim cash dividend warrant (D-15)

Karachi, November 21, 2012 (PPI-OT): We are pleased to inform that the 3rd Interim Cash Dividend Warrants @ Re. 1.00 per share (10%), for the year ending December 31, 2012 […]

Allied Bank Limited’s board of directors’ meeting-change of time

Karachi, October 16, 2012 (PPI-OT): In continuation of our letter No. HL/CAG/CAW/2012/293 dated October 11, 2012. This is to inform that the time of the meeting of the Board of […]