Trends - Allied Bank Limited - Business Recorder

Allied Bank Limited

Allied Bank: Steady growth

Allied Bank Limited (ABL) posted its first half financial results for CY24, declaring an interim cash dividend of...

Published 02 Sep, 2024 09:29am

Business & Finance

Allied Bank’s profit jumps 25% in 2QCY24

Despite marginally lower net income, Allied Bank (ABL) posted a profit-after-tax of Rs12.47 billion in quarter ended...

Published 21 Aug, 2024 02:04pm

Pakistan

ABL launches K2 Expedition 2024

LAHORE: Allied Bank Limited (ABL) announces the launch of its K2 Expedition 2024, an initiative that merges the...

Updated 26 Jul, 2024 07:09am

Pakistan

ABL launches K2 Expedition 2024

KARACHI: Allied Bank Limited (ABL) announces the launch of its K2 Expedition 2024, an initiative that merges the...

Published 19 Jul, 2024 06:58am

Business & Finance

ABL organises cycling event in Karachi

KARACHI: Allied Bank Limited, a leading financial institution in Pakistan, partnered with local cycling groups to...

Published 04 May, 2024 05:48am

Business & Finance

Empowering agricultural future: ABL Islamic Banking Group arranges awareness session

LAHORE: Allied Bank (ABL) Islamic banking group recently invited Rozena Saleha, CEO of Kalam4Solutions and her team...

Published 27 Apr, 2024 05:03am

Markets

Bank AL Habib, Allied Bank receive central bank’s nod to commence Exchange Company operations

The State Bank of Pakistan (SBP) has given its green signal to Bank AL Habib Limited (BAHL) and Allied Bank Limited...

Updated 22 Mar, 2024 10:29pm

BR Research

Allied Bank: Record profits

Allied Bank Limited (ABL) posted its yearly financial results for CY23, declaring a final cash dividend of Rs4/share...

Published 14 Feb, 2024 08:47am

Business & Finance

Allied Bank’s profit jumps 95% in 2023

Allied Bank (ABL) posted a profit-after-tax of Rs41.3 billion ($146.5 million) in 2023, a growth of nearly 95% than...

Updated 13 Feb, 2024 09:25pm

Business & Finance

9 months ended Sept 30, 2023: ABL PAT up 127pc to Rs28.662bn YoY

KARACHI: Amidst challenging operating environment marked by macro-economic bottlenecks and the ongoing digital...

Published 31 Oct, 2023 05:26am

Pakistan

ABL organises ‘beach cleaning’ event

KARACHI: The Allied Bank Limited on Tuesday organised a beach cleaning activity at SeaView here. The senior staff...

Published 27 Sep, 2023 06:08am

Business & Finance

Allied Bank partners with Synapsify & Fasset for Web 3.0 initiative

KARACHI: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 25 Sep, 2023 07:15am

Business & Finance

1H of 2023: ABL’s PAT soars 153pc to Rs17,443m YoY

KARACHI: Allied Bank Limited (ABL) remained cognizant of the high downside risks to the economic and operating...

Updated 19 Aug, 2023 10:00am

Business & Finance

Allied Bank’s earnings jump in 2QCY23

Allied Bank (ABL) posted a profit-after-tax of Rs9.95 billion in the second quarter of 2023 (April-June), a growth...

Published 17 Aug, 2023 03:36pm

Business & Finance

Enforcement action: SBP imposes over Rs350mn in penalties on six banks

Enforcement actions come during quarter ended June 30, 2023

Updated 27 Jul, 2023 03:18pm

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 28 Mar, 2023 06:21am

BR Research

Allied Bank: Keeps growing

Allied Bank Limited (ABL) posted its yearly financial results for CY22, declaring a final cash dividend of...

Published 21 Feb, 2023 09:23am

Business & Finance

Year ended Dec 31, 2022: Allied Bank posts higher markup income of Rs215.469bn

KARACHI: Banking sector of Pakistan remained resilient and performed exceptionally well in 2022 amid tough operating...

Published 21 Feb, 2023 06:51am

Business & Finance

ABL teams up with dEngage

LAHORE: ABL has entered into a partnership with dEngage to launch a unified platform for customer driven marketing....

Published 03 Nov, 2022 05:50am

Business & Finance

ABL’s 9-month PBT grows 50pc to 33bn YoY

LAHORE: Allied Bank Limited is guided by its vision ‘to become a dynamic and efficient bank providing integrated...

Published 22 Oct, 2022 06:34am

Business & Finance

ABL, NIC organise Fintech Hackathon 2022

LAHORE: Allied Bank Limited in collaboration with National Incubation Centre Fintech Hackathon 2022 Finale was held...

Published 20 Oct, 2022 07:23am

Business & Finance

ABL, NIC organise Fintech Hackathon 2022

LAHORE: The Allied Bank Limited in collaboration with the National Incubation Centre held the Fintech Hackathon 2022...

Published 18 Oct, 2022 06:02am

Pakistan

Moody's downgrades ratings of five Pakistani banks; maintains negative outlook

Moody’s says rating actions reflect the Government of Pakistan's reduced capacity to support the banks

Updated 11 Oct, 2022 08:42pm

Business & Finance

Merchant acquiring services: ABL enters into strategic partnership with BPC

LAHORE: In order to further enhance customer experience and to contribute toward expansion of digital payments...

Published 09 Sep, 2022 06:09am

Pakistan

Family-owned businesses need corporatisation: Ishrat

FAISALABAD: Family-owned businesses must adopt corporatisation for sustained growth in addition to accelerating the...

Published 20 May, 2022 05:15am

Business & Finance

Quarter ended on March 31, 2022: Allied Bank posts Rs4.828bn PAT

KARACHI: Allied Bank Limited (The Bank) is guided by its vision “to become a dynamic and efficient bank providing...

Published 23 Apr, 2022 04:45am

Business & Finance

U Bank enters into strategic partnership with ABL

KARACHI: President & CEO U Microfinance Bank Limited (U Bank) Kabeer Naqvi, President & CEO Allied Bank...

Published 01 Feb, 2022 04:07am

BR Research

Allied Bank: steady profits

Allied Bank Limited (ABL) posted another quarter of profitability growth, albeit in low single digit. The yields on...

Published 29 Oct, 2021 07:25am

BR Research

Allied Bank: Steady growth

Allied Bank Limited (ABL) announced Rs2/share as second interim dividend, taking the year-to-date dividend to...

Published 24 Aug, 2021 07:35am

Business & Finance

ABL pursues strategy of consistent growth through robust risk management framework, enhanced digitization

LAHORE: Allied Bank Limited (ABL) remained fully aware of the high downside risks to the economic and operating...

Published 18 Aug, 2021 04:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

Markets →

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Allied Bank Limited

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