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Tag: Allied Bank Limited

Allied Bank

SBP slaps Rs102 million fine on Allied Bank over compliance violations

March 10, 2026March 10, 2026Shahnawaz Akhter

Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) has imposed a penalty of around Rs102 million on Allied Bank Limited for violations of banking regulations, according to the bank’s latest financial disclosures submitted to the Pakistan Stock Exchange (PSX).

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Allied Bank

Allied Bank posts 25% drop in net profit for first half of 2025

August 21, 2025August 21, 2025Shahnawaz Akhter

Karachi, August 21, 2025 – Allied Bank Limited has released its consolidated financial results for the first half of calendar year 2025, reporting a significant 25% decline in after-tax profit compared to the same period last year.

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Allied Bank

Allied Bank reports 24% decline in markup income for 1QCY25

April 30, 2025April 30, 2025Shahnawaz Akhter

Karachi, April 30, 2025 – Allied Bank has reported a significant 24% decline in its markup income for the first quarter of the calendar year 2025, reflecting the impact of falling interest rates and a lower cost of funding.

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Allied Bank

Allied Bank Reports 51% YoY Profit Surge in First Quarter of 2024

April 24, 2024April 24, 2024Faisal Shahnawaz

KARACHI: Allied Bank Limited (ABL) has announced a substantial 51% increase in its after-tax profit for the first quarter ended March 31, 2024, reaching Rs 11.6 billion.

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Allied Bank

Allied Bank Reports 94% Growth in Annual Profit for 2023

February 13, 2024February 13, 2024Faisal Shahnawaz

Karachi, February 13, 2024 – Allied Bank Limited (ABL) announced a remarkable surge of 94% in its annual profit for the calendar year 2023, demonstrating robust financial performance amidst dynamic market conditions.

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Allied Bank

SBP Grants No Objection to ABL Exchange Company

October 27, 2023July 4, 2024Faisal Shahnawaz

Karachi, October 27, 2023 – Allied Bank Limited (ABL) has received approval from the State Bank of Pakistan (SBP) to establish an exchange company, marking a significant development in the financial sector.

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Allied Bank

Allied Bank’s Profits Skyrocket by 158% in First Half of 2023

August 17, 2023August 17, 2023Faisal Shahnawaz

Karachi, August 17, 2023 – In a remarkable display of financial prowess, Allied Bank Limited (ABL) has reported an astounding 158 percent increase in profit after tax for the first half of the year ending June 30, 2023.

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Allied Bank

Allied Bank’s profit declines in 9MCY22 as tax payment surges by 129%

October 20, 2022October 20, 2022Faisal Shahnawaz

KARACHI: Allied Bank of Pakistan (ABL) has declared fall in net profit to Rs12.63 billion during nine months period ended September 30, 2022 as tax payment of the bank surged by 129 per cent. According to financial results submitted to Pakistan Stock Exchange (PSX) on Thursday, the bank declared Rs12.63 billion profit after tax during […]

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SBP issues IBAN list for donations to PM flood relief fund

August 27, 2022August 27, 2022Faisal Shahnawaz

State Bank of Pakistan (SBP) has issued a list of IBAN (International Bank Account Number) of Prime Minister Flood Relief Fund 2022 maintained by commercial banks. READ MORE: SBP opens account for Balochistan Flood Relief, Rehabilitation Fund Following is the list of banks and IBAN: 01. Allied Bank Limited (ABL), Title of Account # Prime […]

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Allied Bank

Allied Bank’s tax payment grows 121% in 1HCY22

August 17, 2022August 17, 2022Faisal Shahnawaz

KARACHI: Allied Bank on Wednesday announced fall in profit by 23 per cent for half year ended June 30, 2022 mainly surge in tax payment by 121 per cent. According to financial results submitted to Pakistan Stock Exchange (PSX), Allied Bank declared profit after tax of Rs6.83 billion for the half year ended June 30, […]

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