FAISALABAD (PR): Allied Bank Limited inaugurated its first ever totally solar powered branch atJhang Road,Faisalabad. This is the first such branch by any bank inPakistanand demonstrates Allied Bank’s commitment towards healthy and clean environment by reducing its carbon footprint. This ...

KARACHI (PR): ABL Asset Management Company Ltd appointed MCB FSL as trustee for their upcoming ABL Islamic Stock Fund. Farid A. Khan, CEO ABL AMC, and Khawaja Anwar Hussain, CEO MCB FSL, signed the agreement. ABL Asset Management Company Ltd (ABL AMC) is a wholly owned subsidiary of Allied Bank ...

LAHORE -ABL has announced slightly below expected profit after tax of Rs9.4b in 9M2012 – an increase of 22 per cent YoY. In 3Q2012, ABL posted earnings of Rs2.8b, reporting a growth of 2pc YoY, though earnings were down 24pc QoQ. Also, the company announced a third interim cash dividend of ...

KARACHI – Board of Directors of ABL Asset Management Company Limited (ABL AMCL) have approved the following final distribution for the year ending June 30, 2012:ABL Income Fund: Final distribution of Rs.0.2361 per unit (2.36pc of the par value of Rs.10) for ABL–IF for the year ending ...

LAHORE – Allied Bank Limited inked a Technology Support Agreement for the deployment of mobile banking services with Sybase, an SAP Company, the global leader in mobile commerce services and Abacus Consulting, says a press release. Khalid A. Sherwani, President/CEO, Jalees Ahmed, Executive ...

LAHORE - Allied Bank announced a profit after tax of Rs3b (EPS Rs3.22) in 1Q2012 – an increase of 21 per cent. Also, the company announced an interim cash dividend of Rs2 per share.Habib Bank Limited (HBL) announced its 1Q2012 result, posting unconsolidated earnings of Rs5.6b (diluted EPS ...

KARACHI - The Pakistan Credit Rating Agency (PACRA) has assigned Positive Outlook to the ratings of Allied Bank Limited [current ratings: long-term - AA and short-term - A1+]. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of ...

KARACHI - Allied Bank is geared towards teaching and encouraging children to initiate banking at an early age so that they are able to deal with lifes fiscal challenges in adulthood. This was stated by Zia Ijaz, Group Chief, Commercial & Retail Banking, Allied Bank, while announcing the launch of ...

KARACHI - Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) has entered into an agreement with Allied Bank Limited (ABL) to provide donation payment facility through ABLs Allied Cash abd Visa Debit Card and Internet Banking. SKMCH&RC is the first charity in Pakistan who has ...

KARACHI- Allied Bank Limited (ABL) is expected to post Rs6.5 billion profit after tax with Rs9.2 EPS in the calendar year 2009 as against earnings of Rs4.2 billion last year, an increase of 57 per cent year-on-year. This assumption is made on the basis of a potential sharp growth in banks net ...

LAHORE - The International Finance Corporation, a member of the World Bank Group, has announced the Allied Bank Limited has become the first bank worldwide to join IFC's sustainability finance facility, which issues trade guarantees involving cleaner and more energy-efficient equipment. According ...

LAHORE - The Allied Bank Limited (ABL) has announced that it has posted a Profit After Tax of R4.2 billion (EPS Rs6.43) versus a PAT of Rs4.1 billion (EPS PKR 6.31) registering marginal growth of 2.0 per cent YoY. The bank also announced a final cash dividend to the tune of R1.0/share, taking the ...

KARACHI (PR) - Allied Bank has signed a services agreement with Telecard to set up a Call Center for outbound customer calls. According to the agreement, Telecard will provide Allied Bank with infrastructure, technical/ administrative support and all the related software/ applications in setting ...

KARACHI - Allied Bank has signed an agreement with Anjum Asim Shahid Rahman (AASR), a member firm of Grant Thornton International for licensing and implementation of Customer Assets Management System (CAMS). Allied Bank chose one of the fastest growing and leading solutions CAMS for consumer ...

KARACHI - Oil and Gas Development Company (OGDCL), Muslim Commercial Bank(MCB), Pakistan Refinery Ltd(PRL), Unilever, and ICI are likely to post marginal increase in their financial results for the quarter ended on June 30, 2008 while Allied Bank (ABL), Lucky Cement and Indus Motor are being ...