The consortium of Ibrahim Leasing Limited and Ibrahim Group assumed the control of the Allied bank in August 2004 by injecting Rs 14.2 billion into the capital of Allied bank for acquiring 325 million additional shares.
Established in 1942, Allied Bank is one of the largest Branch Network Banks in Pakistan with more than 700 Branches connected to an online network. Today the Bank stands on a solid foundation of over 63 years of its existence having a strong equity, assets and deposits based offering universal banking services with higher focus on retail banking.
The Allied Bank's story is one of dedication, commitment to professionalism, adaptation to changing environmental challenges resulting into all round growth and stability, envied and aspired by many.
For more information, please visit www.abl.com.pk.