Election of Directors of Allied Bank Limited

Karachi, Allied Bank Limited informed Pakistan Stock Exchange that the seven persons have filled with the bank of their intention to offer themselves for Election of Directors of the Bank at the Extraordinary General Meeting held on August 27, 2021.

Allied Bank Limited incorporated in Pakistan, is a scheduled bank, engaged in commercial banking and related services. Allied Bank Limited is one of the largest commercial bank of Pakistan and is a subsidiary of Ibrahim Group with more than 1400 branches and ATMs facilities.

The Shares of the bank are listed on Pakistan Stock Exchange, and the symbol “ABL” is being used for the shares of Allied Bank Limited.

The total number of Shares Allied Bank Limited has issued are 1,145,073,830. The Earnings per shares in 2020 is 15.75 which was 12.32 in 2019. The profit after tax in 2020 is 18,029,457,000 which was 14,112,911,000 in 2019.