Compliance & Regulation

 

Name Allied Bank Limited
Registered Office 3 Tipu Block Main Boulevard New Garden Town Lahore-Pakistan
Corporate Legal Form of the institution Listed Public Limited Company
Name of Regulatory Body State Bank of Pakistan SBP (Central Bank)
Other Regulatory Body: Securities and Exchange Commission of Pakistan (SECP)
Name of stock exchange on which shares are publicly traded Pakistan Stock Exchange Limited, Pakistan
Name of the External Auditors M/S. KPMG, Taseer Hadi &Co. Chartered Accountants
Name of Legal Advisor: Mandviwalla & Zafar Advocates
Name of Shares Registrar CDC Share Registrar Services Limited (CDCSRSL)
Date of Establishment December 3, 1942
Principle business and other permissible business activities Commercial Banking, Corporate Banking, Retail Banking, Investment Banking, Islamic Banking.
Subsidiary Companies ABL-Asset Management Company Limited
Shareholding Pattern Shareholding Pattern as of December 31, 2019
Chairman Mohammad Naeem Mukhtar
President and CEO Tahir Hassan Qureshi
Corporate Information https://www.abl.com/the-bank/company-information/
Bank license number and date License No.BL-04 dated 23-06-2005
Company Registration No 0000099
National & Foreign Tax Identification No 0801428-7
GIIN (FATCA) No GZNNE4.00000.LE.586
Compliance Status Compliant with KYC and AML regulations prescribed by State Bank of Pakistan
Credit Rating:
Bank Ranking: (As per Bankers ALMANAC): World ranking: 1166
Country Ranking: 5
SWIFT BIC (ABPAPKKA)
ABL Compliance Documents for Correspondent Banks
Compliance Documents Required from Correspondent Banks
  • AML/CFT Questionnaire 
  • Wolfsberg Group Correspondent Banking Due Diligence Questionnaire (CBDDQ)
  • Compliance Policy/ Policy Note
  • USA PATRIOT ACT Certification (for Banks only)
  • Certificate of Incorporation/ Registration/ Commencement
  • License issued by the Regulator/ Commercial License
  • W-8 BEN-E Form (whichever is applicable)
  • Memorandum and Articles of Association (if applicable)
  • Annual Report/ Financial Statements
  • CRS Form
  • List of Board of Directors, Senior Management/ CEO/ President etc. comprising their Names, Positions, ID/ Passport Numbers, Dates of Birth and Nationalities
Detail of licenses
License Type License Number Issuance Date Issuing Authority
Investment Banking 
Underwriter UR/20 18-Aug-19 Securities & Exchange Commision of Pakistan
Emerging Corporate
Banker to an Issue SMD/PRDD/BTI/04/2020 25-Feb-20 Securities & Exchange Commision of Pakistan
ABL representative Office, China 
Registration Certificate 91110000MA00AJ3J8D 19-Dec-16 Beijing Market Supervision Administration Bureau
Banking License 2016 (663) 29-Nov-16 China Banking and Insurance Regulatory Commission
ABL Representative Office, UAE
Representative Office License 13/1975/2010 30-Nov-10 Central Bank of the U.A.E
Representative Office License (Renewal) 13/1117/2015 11-Oct-15 Central Bank of the U.A.E
Trade License 641159 20-Jun-10 Department of Economic Development, Dubai
Membership Certificate 185343 8-Aug-10 Dubai Chamber of Commerce & Industry
ABL Branch, Bahrain
Wholesale Bank (Foreign Branch) WB/078 21-Mar-11 Central Bank of Bahrain
New Place of Business BRL-19409 5-Apr-12 State Bank of Pakistan
Commercial Registration Certificate 79867-1 29-Dec-11 Ministry of Industry, Commerce and Tourism (Renewed Annually)
ABL Branch , Export Processing Zone, Karachi
Branch License BRL-16995 12-Jul-08 State Bank of Pakistan