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Askari Bank Limited Company Snapshot
Askari Bank Limited operates in the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Askari Bank Limited with three other companies in this sector in Pakistan: Bank Of Punjab (2017 sales of 39.14 billion Pakistan Rupees [US$327.96 million] ), Habib Metropolitan Bank Limited (39.73 billion Pakistan Rupees [US$332.97 million] ), and Meezan Bank Limited (44.66 billion Pakistan Rupees [US$374.28 million] of which 36% was Trading and Sales).

Sales Analysis. Askari Bank Limited reported sales of 42.23 billion Pakistan Rupees (US$353.86 million) for the year ending December of 2017. This represents a very small increase of 0.1% versus 2016, when the company's sales were 42.18 billion Pakistan Rupees. Despite this increase, sales are still slightly below the level achieved in 2015, when Askari Bank Limited reported sales of 42.83 billion Pakistan Rupees. Sales of Retail Banking saw an increase that was more than double the company's growth rate: sales were up 115.6% in 2017, from 805.76 million Pakistan Rupees to 1.74 billion Pakistan Rupees. Askari Bank Limited also saw significant increases in sales in Commercial Banking (up 5.8% to 18.91 billion Pakistan Rupees) and Corporate Finance (up 34.6% to 351.81 million Pakistan Rupees) and Retail Brokerage (up 49.3% to 84.25 million Pakistan Rupees) and Agency Services (up 2.8% to 40.76 million Pakistan Rupees) . Not all segments of Askari Bank Limited experienced an increase in sales in 2017: sales of Asset Management fell 71.4% to 47.20 million Pakistan Rupees. (However, this segment's sales were only a very small portion of the company's overall sales). Askari Bank Limited also experienced decreases in sales in Trading and Sales (down 9.1% to 21.38 billion Pakistan Rupees) and Payment and Settlement (down 14.3% to 111.67 million Pakistan Rupees) .
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Askari Bank Limited
  Stock Performance Chart for Askari Bank Limited
  Stock Data: Recent Stock Performance:
  Current Price (6/14/2018): 23.60
(Figures in Pakistan Rupees)
1 Week 0.6%   13 Weeks 11.2%  
4 Weeks 17.4%   52 Weeks 21.0%  
Askari Bank Limited Key Data:
  Ticker: AKBL Country: Pakistan
  Exchanges: KAR Major Industry: Banks
    Sub Industry: Commercial Banks
  2017 Sales 42,226,696,000
(Year Ending Jan 2018).
Employees: 7,534
  Currency: Pakistan Rupees Market Cap: 29,742,140,248
  Fiscal Yr Ends: December Shares Outstanding: 1,260,260,180
  Share Type: Ordinary Closely Held Shares:
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