The Bank’s  

journey has
The Pre
been about Independ
dedication,
commitment, ence
professionalism
and adapting to
History
environmental (1942 to
changes,leading
to its immense 1947)
growth and  
stability. Australasia
Bank was the
A view of only fully
Khawaja Bashir operational
Bux's Muslim bank in
Residence. The Pakistan on
first branch of August 14th,
Australasia 1947.
Bank.  
A view
It is these of the
factors that building
have made it a in
Bank the rest Lahore
look up to. that once
A view housed
of the
Khawaja Australas
Bashir ia Bank
Bux's branch.
Residen  
ce. The However, it
first was severely
branch hit by the riots
of in East
Australa Punjab. The
sia Bank was
Bank. identified with
  the Pakistan
Movement. At
The Pre the time of
Indepen independence
all the
dence branches in
History India,
(Amritsar,
(1942 to Batala,
Jalandhar,
1947)
  Ludhiana,
In the early Delhi and
1940s, the Angra (Agra))
Muslim were closed
community down. New
was branches were
beginning to opened in
realize the Karachi,
need for its Rawalpindi,
active Peshawar,
participation Sialkot,
in the fields Sargodha,
of trade and Jhang,
industry. Gujranwala
Since the late and Kasur.
1880s, Later, the
Hindus had network
established a spread to
commanding Multan and
presence in Quetta as
the areas of well. The
industry, Bank financed
trade and trade in cloth
commerce and food
and were grains thus,
especially played an
dominating in important role
the Sub- in maintaining
continent consumer
area. supplies
Banking, in during the
particular, early months
was the of 1948
exclusive affected by
forte of riots. Despite
Hindus and it the difficult
was popularly conditions
and wrongly prevailing and
believed that the substantial
Muslims were set back in the
temperamenta Bank’s
lly unsuited business in
for this India,
profession. Australasia
  Bank made a
Mr. profit of Rs.
S.R. 50,000 during
Jariwal 1947-48.
la
(sitting By the end of
 in the 1970 it had
center) 101 branches.
A Unfortunately,
legend it lost 51
ary branches in
figure the separation
in the of East
history Pakistan. But
of the the Bank did
Bank. well despite
  losing a lot of
It was its assets and
particularly by the end of
upsetting for 1973 had 186
Khawaja branches in
Bashir Bux to West
hear that Pakistan.
“Muslims  
could not be
successful
bankers”. He
decided to
step-up to
that challenge
and take the
lead in
establishing
this first
Muslim bank
by the name
Australasia
Bank Limited
in Punjab,  
which was to In August
become 2004 as a
Pakistan in result of
December capital
1942. reconstruction
, the Bank’s
The initial ownership
equity of the was
Bank transferred to
amounted to a consortium
Rs 0.12 comprising
million, Ibrahim
which was Leasing
raised to Rs. Limited and
0.5 million by Ibrahim
the end of the Group.
first year of
operation,
and by the Today the
end of 30th Bank stands
June 1947 on a solid
capital foundation of
increased to over 63 years
Rs. 0.673 of its
million and existence
deposits having a
raised to Rs strong equity,
7.728 million. assets and
    deposits base
offering
Allied universal
Bank banking
services with
(1974 to higher focus
1991) on retail
In 1974, the   banking. The
bank has the
Board of
largest
Directors of
network of
Australasia
on-line
Bank was
branches in
dissolved and
Pakistan and
was renamed
Allied Bank. offers various
The first year technology
was highly based
successful; products and
profit exceeded services to its
Rs. 10 million, diversified
deposits rose by clientele
over 50 percent through its
and approached network of
Rs. 1460 more than 700
million. branches.
Investments  
rose by 72
percent and
(2005 To
advances date)
exceeded Rs.  
1080 million In May 2005,
for the first Ibrahim Leasing
time in the Limited
banking dissolved and
history. 116 the company
new branches was vested into
were opened Allied Bank
during 1974 Limited. ALL
and the Bank the shareholders
started were issued
participating in ABL shares
the instead of the all
Government’s shares held by
spot them. An
procurement application for
agriculture the listing of
program. Those ABL shares in
seventeen years all the Stock
saw a rapid Exchange
growth for the Companies of
Bank. Branches Pakistan was
increased from made; ABL was
353 in 1974 to formally listed
748 in 1991. and the Bank’s
Deposits rose share trading
from Rs. 1.46 began on the
billion, and following dates:
Advances &  
Investments Islamabad Stock
from Rs. 1.34 Exchange
billion to Rs. 22 8th August 2005
billion during
this period. It
also opened Lahore Stock
three branches Exchange
in the U.K. 10th August
  2005
A view
of Karachi Stock
Allied Exchange
Bank's 17th August
FTC 2005
branch,
Karach Today, all Allied
i. Bank Limited
  shareholders can
trade in the
Allied Bank’s shares at
Bank their will.
 
(1991 to
2004)
 
As a result of
privatization
in September
1991, Allied
Bank entered
a new phase,
and became
the world’s
first bank to
be owned and
managed by
its
employees. In
1993 the
“First Allied
Bank
Modaraba”
(FABM) was
floated. After
privatization,
Allied Bank
became one
of the premier
financial
institutions of
Pakistan.
 
A
view
of
Allied
 Bank,
Head
Office
,
Lahor
e.
 
Allied Bank’s
capital and
reserves were
Rs. 1.525
billion; its
assets
amounted to
Rs. 87.536
billion and
deposits to
Rs. 76.038
billion. Allied
Bank enjoyed
an enviable
position in
Pakistan’s
financial
sector and
was
recognized as
one of the
best amongst
the major
banks of the
country.

In August
2004, as a
result of
capital
reconstructio
n, the Bank’s
ownership
was
transferred to
a consortium
comprising
Ibrahim
Leasing
Limited and
Ibrahim
Group.
Today, the
Bank stands
on a solid
foundation
built over 63
years of hard
work and
dedication,
giving it a
strong equity,
an asset and
deposit base
and the
ability to
offer
customers
universal
banking
services with
more focus
on retail
banking. The
Bank has the
largest
 network of
online
branches in
Pakistan and
offers various
technology-
based
products and
services to its
diverse
clientele
through its
network of
more than
700 branches.
 
     
FDIC Certificate #: 23028
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#24344)
Federal Reserve ID: 283951
Date Established: 1980-01-12
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised
by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 16123
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: 1980-01-12
Last Structure Change Effective Date: 1988-02-01
Last Structure Change Process Date: 1988-03-16
Last Data Update: 1990-10-04
Data Source Date: 2009-05-14 Location Address: 6872 Highway 6 South, Harris
County, TX 77242
County: Harris
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Midwest
Metropolitan Statistical Area (MSA): Houston, TX (#3360)
Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria,
TX (#42)
Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420) Financial
Summary Total assets: $46.4 mil

Read more: http://www.faqs.org/banks/Allied-Mission-Bend-Bank-23028-Harris-County-

Texas.html#top#ixzz0nbOt5oqw