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History NameDateLong TermUnited Bank Limited6/30/2022AAAPress Release | Rating ReportUnited Bank Limited6/30/2021AAAPress Release | Rating Report36 more rows
Fitch Ratings - New York - 20 Mar 2023: Fitch Ratings has affirmed all of Ally Financials (Ally) ratings, including its Long-Term Issuer Default Rating (IDR) at BBB-.
Allied Bank (ABL)(الائیڈ بینک لمیٹڈ) is the fifth largest commercial bank in Pakistan and is a subsidiary of the Ibrahim Group. Allied Bank with its registered office in Lahore is one of the largest banks within the country with over 1,500 branches and ATMs.
The Bank started out in Lahore by the name Australasia Bank before independence in 1942; and became Allied Bank of Pakistan in 1974. In August 2004, because of capital reconstruction, the Banks ownership was transferred to a consortium comprising Ibrahim Group; therefore, it was renamed as Allied Bank Limited in 2005.
Allied Bank (ABL)(الائیڈ بینک لمیٹڈ) is the fifth largest commercial bank in Pakistan and is a subsidiary of the Ibrahim Group. Allied Bank with its registered office in Lahore is one of the largest banks within the country with over 1,500 branches and ATMs.
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(For the period 2022-2023) The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term and Short Term Ratings of Allied Bank Limited as AAA (Triple A) and A1+ (A One plus), respectively.
The Bank started out in Lahore by the name Australasia Bank before independence in 1942; and became Allied Bank of Pakistan in 1974. In August 2004, because of capital reconstruction, the Banks ownership was transferred to a consortium comprising Ibrahim Group; therefore, it was renamed as Allied Bank Limited in 2005.

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