Latest Allied Bank Limited Headlines and News updates

Allied Bank and Teamup Ventures collaborate for 3rd Allied Bank Fintech Hackathon

Allied Bank, in collaboration with Teamup Ventures, announces the third episode of its series of Fintech Hackathons

President upholds dismissal from service penalty upon woman harasser

President Dr Arif Alvi has upheld the penalty of “dismissal from service” imposed upon a bank manager after he was found guilty of the charges of sexually harassing a female colleague at workplace

Allama Iqbal Open University (AIOU) to hold convocation in Islamabad, other cities

Allama Iqbal Open University (AIOU) Regional Director Dr. Muhammed Anees has said the university is organizing a convocation which will be held in different cities of the country including Islamabad

President directs bank to refund Rs 344,600 to fraud victim

President Dr Arif Alvi, upholding the orders of Banking Mohtasib, has directed Allied Bank Ltd (ABL) to pay Rs 344,600 to a customer as the amount fraudulently transferred from his account

KPK transition from traditional pensions to a futuristic VPS for civil servants successfully

The government of Khyber Pakhtunkhwa (KPK) has successfully transitioned from traditional defined-benefit pensions to a futuristic Voluntary Pension System (VPS) for its civil servants

State Bank of Pakistan (SBP) imposes penalty of over Rs.83 million on 4 banks for violating regulatory instructions

State Bank of Pakistan (SBP) imposed fines of over Rs.83.157 million on four commercial banks during July- September 2023 on the charges of violation of regulatory instructions pertaining to foreign exchange, general banking operations and customers' due diligence

Dining hall added in TNF-Akhuwat Boarding School to accommodate 300 students

A new and state-of-the-art dining hall has been added in the TNF-Akhuwat Boarding School Abbaspur with the courtesy of Allied Bank Limited (ABL) for accommodation of more than 300 students at a time

PSEB, SBP jointly arrange Industry Awareness Seminar

Pakistan Software Export Board (PSEB), the attached department of Ministry of IT & Telecommunication, in collaboration with the State Bank of Pakistan (SBP) and Pakistan Software Houses Association held an IT & ITeS Industry Awareness Seminar on SBP Policies, Initiatives & Schemes on Wednesday

International Islamic University Islamabad (IIUI) expands banking services for student's convenience

International Islamic University Islamabad (IIUI) Tuesday introduced two additional banks, Faysal Bank and Bank Al Falah, to streamline the fee payment process for students in a significant move towards enhancing student-centric services

BISE Larkana announces enrollment process for Class IX

Secretary Board of Intermediate & Secondary Education (BISE) Larkana Ashfaq Ali Shah on Monday notified that the process of filling enrollment forms of students for admission to Class IX during the new academic year 2023-24 will start from September 5 to October 04, 2023

Tahir Bhatti takes charge as ZTBL President

Tahir Yaqoob Bhatti on Thursday took over as President/Chief Executive Officer of Zarai Taraqiati Bank Ltd (ZTBL)

President Dr Arif Alvi directs refund of Rs 4.1 million to bank fraud victims

President Dr Arif Alvi has directed two private banks to return a collective sum of Rs 4.1 million to four customers, who were swindled out of their money by fraudsters

The State Bank of Pakistan (SBP) imposes monetary penalty on 6 banks for violating regulatory instructions

The State Bank of Pakistan (SBP) imposed monetary penalty of Rs.350.799 million on 6 banks for violation of regulatory instructions during

Talha inaugurates private bank's booth for convenience of pilgrims

Federal Minister for Religious Affairs and Interfaith Harmony Senator Muhammad Talha Mehmood on Tuesday visited Haji Camp and inaugurated the newly established booth of Allied Bank Limited (ABL) aimed at providing convenient financial services to the intending pilgrims

President directs banks to refund over Rs 0.5 mln to bank fraud victims

President Dr Arif Alvi on Tuesday directed two private banks to refund an amount of Rs 564,469 to three victims of bank fraud in cases of online funds transfers and fraudulent ATM transactions

CDC engages industry stakeholders on new e-Voting-related amendments in Companies (Postal Ballot) Regulations, 2018 by SECP

The Securities and Exchange Commission of Pakistan (SECP) has recently made amendments to the Companies (Postal Ballot) Regulations, 2018 whereby the right to vote through an electronic voting facility must be provided to members of every listed company for all businesses classified as a special business under the Companies Act 2017

UPDATE - EU, US Working With Serbian, Kosovar Leaders to Defuse Tensions on Border

Brazilian writer Nelida Pinon dies at 85

U Microfinance Bank Enters into Strategic Partnership with Allied Bank Limited and ABL Asset Management Company Limited

President & CEO U Microfinance Bank Limited (U Bank) Mr. Kabeer Naqvi, President & CEO Allied Bank Limited (ABL) Mr. Aizid Razzaq Gill and CEO ABL Asset Management Company Limited (ABL AMC) Mr. Alee Khalid Ghaznavi, signed Memorandum of Understandings (MOUs) of strategic partnership to promote financial inclusion in the country

Ufone secures its largest syndicated financing of 4G Spectrum & Rollout

Pakistani Telecom Company, Ufone has secured its largest syndicated financing facility jointly led by MCB Bank Limited (MCB) (Agent bank), Allied Bank Limited (ABL), Bank of Punjab (BoP), National Bank of Pakistan (NBP), and United Bank Limited (UBL) to fund the acquisition and rollout of its 4G services across Pakistan

AIOU extends admission deadline for continuing students of matriculation,intermediate programs

Jazz secures Telecom sector’s largest credit facility, fully subscribed by HBL, to support 4G network rollout

Muhammad Aurangzeb, President & CEO - HBL (Sitting on the left) and Aamir Ibrahim, CEO Jazz (Sitting on the Right) signing the agreement on behalf of two organizations.

UAF to plant 25,000 trees

University of Agriculture Faisalabad (UAF) Vice Chancellor Prof Dr Asif Tanveer said the UAF would plant 25,000 trees in the main campus and sub-campuses this year

LDA, ABL ink agreement for online payment system

In another step towards 'Ease of doing business', the Lahore Development Authority (LDA) has inked an agreement with the Allied Bank Islamic Banking for online payment of dues by the applicants anywhere in the country for depositing amounts charged by LDA for various matters, including property related issues, through 1-Link