Allied Bank Of Pakistan was founded as Australasia Bank in 1942. It is the first Muslim bank, to have been established on the territory that became Pakistan. Allied Bank Of Pakistan is located in Lahore, Punjab. The Bank offers a full range of retail, commercial and corporate banking services with a focus on service delivery through technology.
Allied Bank Of Pakistan is one of the largest banks of Pakistan with 700 branches connected to an online network. In August 2004 the Bank was restructed and the ownership was transferred to Ibrahim Group. The Bank has the largest data communication network with all its branches offering real time online banking.
In May 2005 Ibrahim Leasing Limited was amalgamated by transfer to and vested in with and into Allied Bank Limited. ILL shareholders were issued ABL shares in lieu of the ILL shares held by them. Application for the listing of ABL shares in all the Stock Exchange Companies of Pakistan was made.
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