interests.

Employees must ensure that know your customer principals are adhered by
obtaining sufficient information about the customers to reasonably satisfy ourselves as
to their reputation, standing and the nature of their business activities.
Employees must avoid circumstances in which their personal interest conflicts, or
may appear to conflict, with the interest of the Bank or its customers. Employees must
never use their position in the Bank to obtain an advantage or gain.
Employees must not enter into an agreement, understanding or arrangement
with any competitor with respect to pricing of services, profit rates and / or marketing
policies, which may adversely affect the Bank's business.
Employees must not accept gifts, business entertainment or other benefits from a
customer or a supplier / vendor, which appear or may appear to compromise
commercial or business relationship.
Employees must remain alert and vigilant with respect to frauds, thefts or illegal
activities committed within the Bank premises.

AWARDS AND ACHIEVEMENTS
Askari Bank continues its success in competition. Over the years, ACBL has received
several awards for the quality of its banking service to individuals and corporate. These
include:
Best Retail Bank in Pakistan by The Asian Banker.
"1st Consumer Choice Award" by the Consumer Association of Pakistan.
2004
"Corporate Excellence Award" by the Management Association of Pakistan
(MAP). 2002, 2003 & 2004.
The Best Bank in Pakistan by Global Finance magazine. 2001 and 2002.
Best Consumer Internet Bank Global Finance magazine. 2002 and 2003.

"Euromoney and Asiamoney Awards" 1994, 1996 and 1997.
Best Presented Annual Accounts by (ICAP) and (ICAMP). 2000, 2001and
2002.
The Best Presented Annual Accounts by South Asian Federation of
Accountants (SAFA), in the SAARC region.
The Best Consumer Banking Award 2006 by the Consumer Association of
Pakistan. 2007
The Best Retail Banking Award 2008 by Pakistan Guarantee Export
Corporation Ltd. 2008
"Best Corporate Report Award for the year 2008" by ICAP & ICMAP. 2008
"The Best Annual Report Award for the year 2010" by ICAP & ICMAP.
"The Best Presented Accounts Award 2010 - 2nd Runner Up-Joint" by
South Asian Federation of Accountants.

CREDIT RATING
Askari Bank has the following Entity Ratings from the Pakistan Credit Rating Agency
Limited (PACRA):
Long term: AA
Short term: A1+
Definitions by PACRA:
A1+: Obligations supported by the highest capacity for timely repayment.
AA: Denote a very low expectation of credit risk. They indicate very strong capacity for
timely payment of financial commitments. This capacity is not significantly vulnerable to
foreseeable events.
A plus (+) appended to a rating, denotes relative status within major rating categories.

COMPETITORS
Banking industry is growing much fast. So Askari bank is facing a lot of competition in
the market. There are following competitors:
Allied Bank of Pakistan Limited
Bank al Falah (Pvt) Ltd
Union Bank Ltd
Soneri Bank Ltd
The bank of Punjab
Bank Al-Habib Ltd
My bank Ltd
Silk Bank Ltd
NIB limited
Faysal Bank Limited
Habib Bank Limited
JS Bank limited
Muslim commercial bank limited
MyBank Limited


ORGANOGRAM













































HIERARCHY AT THE TOWNSHIP BRANCH
BOARD OF DIRECTORS
Executive Committee
President and Chief
Executive
Internal Audit
Corp. Banking &
Fin. Inst. Group
Operating and
credit group

Regions
Retail Banking
Group
Credit Cards

International

Credit
Rawalpindi
/Islamabad

Asset Products
Planning and
Corporate affairs

Treasury

Electronic
Technology
North

Investment
products
Human
Resource

Corporate and
Merchant Banking

Systems and
Operations

Lahore

Finance


Data Reporting

East


Legal Affairs

South I

South II

West








BRANCH
MANAGER

OPERATIONS

MANAGER

CLEARING
CASH
DEPARTMENT
NT
FOREIGN
EXCHANGE\TRA
DE DEPT
CREDIT
DEPT
CUSTOME
R SERVICE
ACCOUNT
OPENING
INCHARGE
GENERAL
BANKING
REMITTA
NCES
NON-CLERICAL STAFF
FUNCTIONS OF Askari bank LIMITED
There are following functions that Askari Bank performs:

Acceptance of deposits

Advancing of loans
Agency services
General utility services
Investment
Overdraft facility
Transfer of money
Creation of credit
Facilitates foreign trade
Executor of the standing orders
Acting as a trust
PRODUCTS &SERVICES OF ASKARI BANK
A product ACBL includes all those services which customer normally required for
effectively managing his business. ACBL offers the following financial services to its
customers.

ASKARI MAHANA BACHAT TERM DEPOSIT
Askari Mahana Bachat Account is a Term Deposit designed for individual customer with
a short to medium term investment appetite. It offers customers the option of investing
for 1 or 3 Year tenures and has been designed keeping in view savings needs of
customers who want profit on a monthly basis. With competitive rates of return paid
monthly on the 1st of every month and the option of getting a financing facility up to
90% the Askari Mahana Bachat Account caters to your saving needs without blocking
your funds for a longer duration. Some of the salient features of the account are
mentioned below:
Features Details
Product Type: Term Deposit.
Eligibility: Pakistani Resident (Individuals Only).
Balance Requirement: Minimum Rs. 50,000/- & Maximum Up to Rs.10,000,000/- (In
multiples of Rs. 25,000/-).
Tenure: 1 & 3 Years.
Profit Amount: Earn Rs. 633/- per month on investment of every Rs.
100,000/- for one year!" .
Earn Rs. 708/- per month on investment of every Rs.
100,000/- for three years! .
Profit Payment: Monthly - 1st of every month.
Expected Rate of
Return:
1 Year Term: 7.6% p.a.
3 Years Term: 8.5% p.a.
Servicing: Available at all Askari Bank branches.
Financing Limits: Up to 90% of the principal amount.
Additional Benefits:
1. Issuance of Free ATM/Visa Debit Card for associated checking account which
automatically makes the customer eligible for Accidental Death Insurance of
Rs.500,000/-) However annual/replacement charges shall be applicable as per
SOC.
2. Issuance of 2 Free Pay Orders from associated checking account in a month.
(excluding FED & Withholding Tax).
No minimum Balance Requirement for checking account.



ASKARI PAISHGI MUNAFA TERM DEPOSIT
Askari Paishgi Munafa Account is a unique term deposit designed to meet the
immediate financial needs of Individual investors who want to invest funds for a medium
term. Now you don't have to wait the entire term to receive your profit. The most
significant feature of this product is that the customer receives the entire profit upfront at
the time of placement. So you can fulfill your financial needs today without depleting
your savings. Salient features of the account are mentioned below:
Features Details
Product Type: Term Deposit.
Eligibility: Pakistani Resident (Individuals).
Minimum
Amount:
Rs. 100,000/- or in multiples of Rs. 100,000/-.
Profit Amount: Rs. 9,375/- on a deposit amount of Rs. 100,000/- (expected rate of
return 7.5 % p.a)
Tenure: 15 Months.
Benefits: 1. Financing Facility up to 80% of Principal amount.
2. Free Visa Debit Card issuance.
3. No Minimum Balance requirement in checking account.
4. 2 Free Pay Orders in a month (Withholding Tax and other
Government charges will be applicable as per Law).
5. No maximum limit for investment.
INVESTMENT CERTIFICATES
Askari Bank's Investment Certificates not only provide the added security, investment
and monthly return to the customers, these certificates are negotiable and can be
transferred to third party. Investment Certificates can be issued for a period of 3 months
and profit is payable on monthly basis through pre-printed tear-off coupons.
Features Details
Facility: Investment Certificates.
Important
Features:
1. Free issuance and free encashment.
2. Account relationship with Askari Bank is not mandatory.
3. No penalty on pre-mature encashment.
4. Negotiable and payable in Pakistan in Pak rupees only.
5. No purchasing limit.
6. Valid until encashed.
7. Encashable at all Askari Bank branches.
8. Profit is payable on monthly basis through pre-printed coupons.
9. In case of loss / theft or damage, there is replacement / refund to the
original purchaser.
10. Encashment by third party.
11. No penalty on pre-mature redemption, except that profit coupon shall be
valid only for completed month.
Tenure: Three Months
Expected
Rate of
Return:
First Month
6.00%
p.a.

Second
Month
6.10%
p.a.

Third Month
6.25%
p.a.