Name Mariam Ejaz

Section B
Course Financial Statement Analysis
Submission No. 4
Name of Askari Commercial Bank Ltd
Company
Name of Ms. Mehwish Jawaad
Instructor
Date of 23rd Feb, 2017
Submission

Financial
Statement Analysis
 Introduction
Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company. It
commenced operation on April 1, 1992, and is principally engaged in the business of
banking, as defined in the Banking Companies Ordinance, 1962. The Bank is listed on
Pakistan Stock Exchange (earlier it was listed on Karachi, Lahore and Islamabad Stock
Exchanges).

Since inception, the bank has concentrated on growth through improving service quality,
investment in technology and people, utilizing its extensive branch network which includes
Islamic and agricultural banking.

Corporate Social Responsibility is an integral part of the way we do business. In order to

fulfill our CSR objectives, we attempt to promote public interest by encouraging community
growth and development through sponsoring social service events, supporting education,
sports and environment and also contribute in socio-cultural activities.

Corporate Values
The Vision, Mission and Core Values of the Bank are as follows:

Vision:

To be the bank of first choice in the region

Mission:

To be the leading private sector bank in Pakistan with an international presence,

delivering quality service through innovative technology and effective human resource
management in a modern and progressive organizational culture of meritocracy, maintaining
high ethical and professional standards, while providing enhanced value to all our
stakeholders, and contributing to society.

Core Values:

1. Commitment: Passionate about our customers success and delighting them with
quality of our service
2. Integrity: A distinctive investment, delivering outstanding performance, return and
value
3. Fairness: Exemplary compliance, governess and business ethics
4. Teamwork: Caring for our people and helping them to grow
 5. Service: Dedication towards social development and improvement in quality of life

Corporate Social Responsibility (CSR) Overview

Corporate Social Responsibility (CSR) is an integral part of the way to do business at Askari
Bank, and is a vital element of their strategy. As a socially conscious organization, Askari
Bank actively contributes to the lives of the less privileged through various charitable
organizations that work for the welfare of the society.

We promote various initiatives that encourage community growth and development. As such,
Askari Bank contributes to a number of programs related to education, health and relief work,
environmental causes, cultural endeavors and sports events.

We have also initiated an in-house training program for the graduate children of our less-
earning employees with the aim of enhancing employment opportunities for them. Through
the program, the children of low-cadre bank employees can appear for a standardized test
following graduation from university, and, upon passing the test, are given paid training and
guaranteed employment. We recognize this program as our way of paying it forward and
contributing to the lives of people around us.

Analysis

Chart Title
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%

2011 2012 2013 2014 2015

 Chart Title
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%

2011 2012 2013 2014 2015