Allied Bank Limited was the first bank to be established in Pakistan.
The Bank started out in Lahore by the name Australasia Bank before independence in 1942; and became Allied Bank of Pakistan in 1974. In August 2004, because of capital reconstruction, the Banks ownership was transferred to a consortium comprising Ibrahim Group; therefore, it was renamed as Allied Bank Limited in 2005. Today, with its existence of over 70 years, the Bank has built itself a foundation with a strong equity, assets and deposit base. It offers universal banking services, while placing major emphasis on retail banking. The Bank has a large network of over 900 online branches and 700 ATMs in Pakistan and offers various technology-based products and services to its diverse clientele. Allied Bank Limited operates by the following Vision, Mission & Values: Vision To become a dynamic and efficient bank providing integrated solutions in order to be the first choice bank for the customers. Mission To provide value-added services to our customers. To provide high-tech innovative solutions to meet customers requirements. To create sustainable value through growth, efficiency and diversity for all stakeholders. To provide a challenging work environment and reward dedicated team members according to their abilities and performance. To play a proactive role in contributing towards the society. Core Values Integrity Excellence in Service High Performance Innovation and Growth Board Committees Audit Committee of Board Constitution: - Mubashir A. Akhtar (Chairman) - Pervaiz Iqbal Butt - A. Akbar Sharifzada Board Risk Management Committee Constitution: - Sheikh Mukhtar Ahmad (Chairman) - Muhammad Waseem Mukhtar - Abdul Aziz Khan - Tariq Mahmood e-Vision Committee Constitution: - Mohammad Naeem Mukhtar (Chairman) - Muhammad Waseem Mukhtar - Mubashir A. Akhtar - Tariq Mahmood Strategic Planning & Monitoring Committee Constitution: - Muhammad Waseem Mukhtar (Chairman) - Sheikh Jalees Ahmed - Abdul Aziz Khan - Tariq Mahmood Human Resource & Remuneration Committee Constitution: - Abdul Aziz Khan (Chairman) - Muhammad Waseem Mukhtar - Pervaiz Iqbal Butt - Tariq Mahmood In The Community At Allied Bank, we have clearly defined Corporate Social Responsibility objectives which revolve around behaving ethically, following best practices and contributing to the economic development of the country. Today, we are amongst the very few organizations that have a CSR and Donations Policy in place. Our charity and social programs focus on contributing towards the economic development while improving the quality of life of the workforce and their families as well as that of the local community and society at large. In line with our CSR philosophy, we believe that it is our moral and ethical responsibility to continuously step up and offer a helping hand to the members of the community in need. Corporate Social Responsibility (CSR) Our CSR philosophy has focused around some key areas over the years, such as education, healthcare, sports promotion, environment, promotion of art and artists, staff welfare and engaging the staff in healthy activities. Our foremost responsibility is to be successful in order to provide our shareholders the best value against their investment. We think it our responsibility to introduce new innovative products for our customers; facilitate them by providing a comfortable environment at the branch level; and introduce new ways and means for easy banking. Our other key responsibilities are also to create growth opportunities for our employees and their family members, and give back to the communities irrespective of their geographical locations, ethnic origins, and cast, color or creed.
Community Affairs Developing communities means investing in people and their hopes and dreams for the future. Education Investment in education is of paramount importance to enable the progress of our country. Therefore, significant contributions are being made towards imparting quality education to the bright young men and women of our society. The Bank has been furthering the cause of education by sponsorships and donations to leading educational institutions as well as those run on Non-profit basis. National Management Foundation (LUMS) and Institute of Business Administration (IBA) have been two key beneficiaries of our Donations Policy. Some of the noteworthy contributions during 2013 include: Suleman Dawood School of Business (LUMS) Institute of Business Administration (IBA) Karachi Education Initiative Custom Public School Namal Education Foundation Pak-Turk Schools and College Tehzeeb Social Welfare Organization
Staff Engagement Allied Bank aims at having one of the best in class human resource, consisting of youth and experience. The Banks growth and success can be attributed to the dedicated workforce whose exemplary work ethics, attitude towards collective growth and sheer sense of belonging has made this organization one of the top banks in Pakistan. The Management believes in looking after its employees in terms of their physical, spiritual and emotional wellbeing as well as their financial needs at all times. Following global best practices, the management has set up a dedicated department to engage the employees in positive and fun-filled activities. As part of our Staff Engagement Plan, inter-departmental Cricket Tournaments were organized for employees and their families in Karachi, Lahore and Islamabad. These tournaments were unique in the sense that male and female colleagues took part side-by-side as players, making the tournaments, truly family oriented events.
Charitable Giving Investing in innovative programs designed to serve local community needs builds strong vibrant communities. Healthcare We believe that healthy individuals make healthy nation. In line with that belief, we have been contributing substantial amounts to leading healthcare institutions over the years. The list of institutions supported during the year includes: Shaukat Khanum Memorial Cancer Hospital Liver Center, Civil Hospital, Faisalabad Bakhtawar Amin Memorial Trust Hospital Laeeq Rafiq Foundation, Multan Lahore Business Association for Rehabilitation of Disabled (LABARD) Aziz Jehan Begum Trust for the Blind Imran Khan Foundation BaitulSukoon Trust Al Mustafa Trust Reconstruction in flood affected areas Allied Bank has always been among the first to respond in times of national crises. Following the catastrophic nationwide floods in 2009 and 2010 wherein thousands of families were rendered homeless in Khyber Pakhtunkhwa, Southern Punjab and Sindh, Allied Bank undertook the task of rebuilding homes in the affected areas. We completed the project and handed over more than 250 homes to the affected families. The Management Tariq Mahmood Chief Executive Officer Sheikh Jalees Ahmed Executive Director, Strategic Planning Zia Ijaz Chief General Services Khawaja Mohammad Almas Chief Commercial and Retail Banking Muhammad Jawaid Iqbal Chief Corporate and Investment Banking Fareed Vardag Chief Compliance Mujahid Ali Chief Information Technology Muhammad Shahzad Sadiq Chief Risk Management Tahir Hassan Qureshi Chief Financial Officer Abdul Hafeez Butt Chief Islamic Banking Saif Ul Islam Chief Banking Services Afzal Haider Bokhari Chief Special Assets Management Shafique Ahmed Uqaili Chief Human Resource Muhammad Raffat Company Secretary Tariq Mahmood Chief Executive Officer Mohammad Naeem Mukhtar Chairman / Non Executive Sponsor Director Sheikh Mukhtar Ahmad Non Executive Sponsor Director Muhammad Waseem Mukhtar Non Executive Sponsor Director Abdul Aziz Khan Independent Director Mubashir A. Akhtar Independent Director Pervaiz Iqbal Butt Independent Director A. Akbar Sharifzada Government Nominee Director Sheikh Jalees Ahmed Executive Director PRODUCTS & SERVICES
ABC CASH CARD
Allied Bank's ABC Cash Card offers convenience and security and more. No monthly minimum maintaining balance is required. And you can withdraw, reload or pay bills in any Allied Bank or Bancnet ATM machine anywhere in the country.
ALLIED BANK MABUHAY MILES
Nothing can bring one closer than any other card to getting free flights aboard Philippine Airlines as fast as Mabuhay Miles World MasterCard; earned points can also be converted into airline service class upgrades.
ALLIED BANK MASTERCARD
Cardholders are given the opportunity to take pleasure in the essential and premium side that life has to offer, such as shopping in their favorite store, dining in the finest restaurants or taking that dream vacation. Simply putting it, the Allied Bank MasterCard makes everything in life become more valuable.
ATMs
Find the ATM most convenient and nearest you.
ALLY ATMSafe
Ally ATMSafe Benefits Program is an innovative value-added feature for Allied Bank ATM Card/Cash Card Holders. Ally ATMSafe provides the Bank's cardholders with 9 benefits for only P11 per month.
BANCASSURANCE
Ensure your loved ones security through PNB Life Insurance, Inc. while your home, motor vehicle and assets can be protected by Alliedbankers Insurance Corp.
DEPOSITS
We offer an array of deposit products to match your financial needs today and in the future.
DEPOSIT-RELATED SERVICES
We provide you with other services that add value and ease in your banking needs anytime, anywhere and anyhow.
FUND TRANSFER/PAYMENT & COLLECTION SERVICES
We offer fast, reliable and safe means of sending money to your beneficiaries in the Philippines. Our worldwide network of tie-ups and correspondent banks can assist you in your needs.
LOANS & OTHER CREDIT FACILITIES
Enjoy flexibility in borrowing! Get the best rates in the market. And experience efficient handling by the best loan officers.
MERCHANT BANKING SERVICES
We are licensed to underwrite securities and bonds, which are normally performed by an investment house; and actively engaged as custodian of Special Financing Programs. We are also an accredited local bank for US-EXIMBANK guarantees and financial advisory services available for clients who plan to venture into project development and financing along with acquisitions and mergers.
MICRO-FINANCE
Be one of the beneficiaries of the Banks newest lending service, the Micro-Finance Wholesale Lending. We can address the funding needs of rural banks, NGOs and cooperatives for their micro- finance retail lending activities.
PROPERTIES FOR SALE
Explore our list of acquired properties for sale and see what we have to offer.
RATES
Be updated on the latest rates and offering.
TREASURY SERVICES
We treasure your investments and make your money work for you.
TRUST BANKING SERVICES
We offer Fiduciary services such as Escrow Account, Living Trust, Property Administration, Accumulation Trust, Estate Planning, Retirement Plans as well as pooled and individualized investment services. Board of Directors Tariq Mahmood Chief Executive Officer Mohammad Naeem Mukhtar Chairman / Non Executive Sponsor Director Sheikh Mukhtar Ahmad Non Executive Sponsor Director Muhammad Waseem Mukhtar Non Executive Sponsor Director Abdul Aziz Khan Independent Director Mubashir A. Akhtar Independent Director Pervaiz Iqbal Butt Independent Director A. Akbar Sharifzada Government Nominee Director Sheikh Jalees Ahmed Executive Director