Askari bank achieved the following firsts in p

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ugh strategic investment in electronic technology. Askari Bank achieved the following firsts in P akistani Banking. The first Pakistani Bank to offer online real-time banking on country wide basi s The first Pakistani bank with nation-wide network of ATMs The first bank in Pakistan, foreign or local, to introduce internet banking in the country The first bank in Pakistan, together with AB N-Amro bank, to develop inter-bank switch for the ATMs Askari Bank is an important in Pakista n’s financial service industries, Bank is now leading the way to the most modern and dynamic ba nking in the Pakistan. Bank is continues success in competition. Best Retail Bank in Pakistan aw ard is given by the Asian banker. Bank has also received the Corporate Excellence Award for the financial sector from the Management Association of Pakistan (MAP) for the years 2002 and 200 3. Bank has been given “The Best Bank in Pakistan” award by Global Finance Magazine twice i. e. for the years 2001 and 2002. Best consumer Internet Bank award by Global Finance Magazine for the 2002 and 2003. Bank has A1+, the highest possible credit rating, for short-term obligation s, and log-term rating stand at AA+. Bank won the prestigious “Best Presented Annual Accounts” awards from the Institute of Charter Accountant in Pakistan (ICAP), and the institute of Cost and management Account in Pakistan. Competitors: These are the competitors of National Bank of Pakistan: United Bank Limited Faysal Bank Bank Alfalah Bank of Punjab National Bank of Punjab Standard Chartered Habib Bank Limited Muslim Commercial Bank Allied Bank Limited First Women Bank pg. 11
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National Savings Center BUSINES S VOLUM E: Bus iness volu me in term s of revenu e, deposits, advances, a nd investm ents depict the Bank p erformance. Bank’s activities can be evaluated with the help of business volume. Introduction of Investment: Banks according to State Bank’s circulars (10, 20, and 14) can be investing in various sec urities for profit motives. Askari Bank’s investment securities classified as follow: (a) Securities Held for Trading (b) Securities Held for Maturities (c) Securities Available for Sails. Askari Bank Securities acquire to hold for trading with the intention to trade by taking advantag es of short-term market/interest rate movements’ i.e. Securities Held for trading. Securities acquir ed and hold up to maturities and third are present securities which don’t fall under “Held for tradi ng and held for maturities” falling in available for sail categories. pg. 12                                                In Billion Rs. Business Volume          2004            2005            2006           2007          2008   Deposits                         83.3          118.8            131.8          143          167.7 Advances                         70              86               99.2          100.8         128.8 Investment 
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