Corporate Social Responsibility:

We at Askari give key importance to accountability and transparency to build trust and confidence among our stakeholders. We are committed to our integrity and consider it as most precious attributes of Askari Bank. The competitive environment in the banking industry is shaped by the increasing demand for accountability and knowledge-driven economies. Therefore, the credibility and innovation are key to value creation. Compliance with international standards, good corporate governance and adherence to ethical norms has become a necessity.

“Corporate sustainability is a business approach to create long term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social developments”.

Askari Bank managed to manifest sustainable performance over the years in the banking sector of Pakistan. We know that over the past the banking industry of Pakistan remained fraught with financial scandals which shattered the confidence of the customers as well as shareholders. Askari Bank while fully acknowledging the volatility and vulnerability factor prevalent in the contemporary banking industry of Pakistan, from the time of its inception remained fully committed to watch the security and interest of all the stakeholders.

"Community investment is the substantial time given by our staff in supporting the work of community organizations, whether raising money, organizing sporting or educational events, providing business expertise or simply providing another willing pair of hands."

CSR Annual Report - 2006:

At Askari Bank we believe in giving back to society that has blessed us with an environment to thrive in. Just like our ancestors who fought great wars so that we may live in peace and harmony. Corporate Responsibility for Askari Bank is embodied by the concept of “Privileged”. Everything that we must take from this society is taken as privilege, not a right. This is why we believe in giving back to others who have accorded us with this “Privilege” of being a part of this society.

Askari Bank believes in taking utmost care of its customers and society – of which we are all part of. This is how we do business, and is the core of our overall strategy to make Askari Bank the Bank of First Choice in the Region. It requires us to make informed, reasoned and ethical decisions about how we conduct our business, how we treat our employees and how we behave towards our customers and clients and how we act as a corporate citizen.

Spring brings with it joy to many but for some it heralds a time of physical illness, especially those residing in Islamabad. For the past couple of years Askari Bank is actively helping Capital Development Authority (CDA) in its campaign for “Pollen Allergy Relief”.

Askari Bank supports the community in which we operate both through the involvement of our employees and through sponsorships. Persons with physical, sensory, or mental impairments, that can make performing an everyday task more difficult, have special needs. They are a part of us and we at Askari Bank enthusiastically promote functions organized for them. We sponsored the 1st National Talent Exhibition of Persons with Disabilities, where special persons from around Pakistan attended and displayed their extraordinary talent. We support charitable organizations working for the promotion of health and welfare, the major ones being Agha Khan Hospital and Medial College Foundation, Shaukat Khanum Memorial Trust, World Wildlife Fund (WWF), Sargodian Spirit Trust and Masud Khaddar Posh Trust.

In addition, Askari Bank has sponsored the first ever Health Expo 2006 held in Islamabad and also sponsored the international conference on Disaster Management attended by leading doctors and disaster management specialist from around the world. We believe specific themes in education and environment that have the potential to benefit individuals, communities and the planet — and also enhance our business in the long term. Therefore we have been actively sponsoring The Citizen Foundation a trust promoting education. Sports is a recreational activity to most and a career to others, we at Askari Bank promote both. Askari Bank has been the leading sponsor of major sports events and teams. We have during the year 2006 sponsored International and National level games.

We encourage team spirit and sportsmanship by sponsoring various sports like Squash, Golf and National Paralympics. We were the official sponsors of the Pakistan National Hockey Team for 2006, and in addition, we are also Sponsors of National Polo Team in the World Cup Play Offs. Askari Bank has been keenly participating in sponsoring Golf events both national and international events held in Pakistan. We also sponsored the 23rd Federal Cup National Ranking Tennis Championships 2006 held at Islamabad.

We not only participate in events through which we get promotional mileage but we also sponsor events which are for the development and uplift of the society. Askari Bank sponsored “Tour of the Karakorum’s” International Mountain Bike Race organized for the cause of October 2005 Earthquake Victims, in which leading international cyclist participated.