Corporate Information

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 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 alsoCorporate Information

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 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.

contribute in socio-cultural activities.

AWARDS AND ACHIEVEMENTS

Best Retail Bank in Pakistan by The Asian Banker. "1st Consumer Choice Award" by the Consumer Association of Pakistan. 2004 "Corporate Excellence Award" by the Management Association of Pakistan (MAP). 2002, 2003 & 2004. The Best Bank in Pakistan by Global Finance magazine. 2001 and 2002. Best Consumer Internet Bank Global Finance magazine. 2002 and 2003. "Euromoney and Asiamoney Awards" 1994, 1996 and 1997. Best Presented Annual Accounts by (ICAP) and (ICAMP). 2000, 2001and 2002. The Best Presented Annual Accounts by South Asian Federation of Accountants (SAFA), in the SAARC region. The Best Consumer Banking Award 2006 by the Consumer Association of Pakistan. 2007 The Best Retail Banking Award 2008 by Pakistan Guarantee Export Corporation Ltd. 2008 "Best Corporate Report Award for the year 2008" by ICAP & ICMAP. 2008 "The Best Annual Report Award for the year 2010" by ICAP & ICMAP. "The Best Presented Accounts Award 2010 - 2nd Runner Up-Joint" by South Asian Federation of Accountants.

PACRA Rating Askari Bank has the following Entity Ratings from the Pakistan Credit Rating Agency Limited (PACRA): Short Term Long Term Definitions By PACRA: A1+: Obligations supported by the highest capacity for timely repayment. A1+ AA

AA: Denote a very low expectation of credit risk. they indicate very strong capacity for timely payment of financial commitments. This capacity is not significantly vulnerable to foreseeable events. A plus (+) appended to a rating, denotes relative status within major rating categories.