Askri Bank
Introduction
In October 9, 1991 Askari Bank was incorporated in Pakistan, as a public limited company. On April 1, 1992 it commenced operations, and is principally engaged in the business of banking, as defined in the Banking Companies Ordinance, 1962. The Bank is listed on Lahore, Karachi and Islamabad Stock Exchanges.
Askari Bank has since expanded into including 34 dedicated Islamic banking branches, a network of 261 branches / sub branches, and a wholesale bank branch in Bahrain.
In Pakistan supports the delivery channels for customer service.Online ATMs a shared network of 5,903 covering all major cities As at December 31, 2012, the Bank had total assets of Rs. 353 billion, equity of Rs. 19.7 billion, serviced by our 5,597 employees and with 907,984 banking customers. Askari Securities Limited and Askari Investment Management Limited are subsidiaries of Askari Bank involved in managing mutual funds and share brokerage, respectively.
Vision
To be the bank of first choice in the region.
Mission
To be the leading bank in Pakistan with an international presence, delivering quality service through innovative technology and effective human resource management in a modern and progressive organizational culture of meritocracy, maintaining high ethical and professional standards, while providing enhanced value to all our stakeholders, and contributing to society.
Askri Bank CSR vision
An integral part of the way we do business is Corporate Social Responsibility. In order to fulfill our CSR (Corporate Social Responsibility) objectives, we challenge to encourage public interest by inspiring community growth and growth through supporting social service events, sports, auxiliary education, and also contribute in socio-...
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...or U-18 Tennis Championship ITF Pakistan
• In 2009 Sponsorship of Allama Iqbal Open Golf Tournament
• In 2009 Sponsorship of Golf Championship in Gujranwala
SOCIAL CAUSE
• In 2011 “My Karachi – Oasis of Harmony” exhibition Sponsorship
• In 2011 the library at Govt. Girl’s High School Islamabad Sponsorship
• CILT Pakistan’ International Seminar Sponsorship provided my Askari Bank
• ASF Meena Bazaar /Annual Exhibition Sponsorship
• In Karachi of All Pakistan Me Exhibition provide Sponsorship
• In 2009 Sponsorship at Dawn Life Style Exhibition
• In 2009 Sponsorship of Conference on Finance Ex Pakistan & of Retail Banking
• In 2009 Sponsorship of for E-commerce Gate Pakistan Food, Agri & Liv Asia.
• Islamic International Medical College (IIMCT) provide Sponsorship
• Print/media campaign for IDPs Sponsorship
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
A corporations CSR should be shaped in order to fit the goals of the corporation, although every corporation’s CSR should differ, since most have different goals and different communities behind them. The CSR should be molded into fitting the corporation’s goals in order to make it easier on the corporation in giving back to the community while achieving its goals. For example, a corporation located in a desert wishes to be more efficient, by reducing water usage it is not only creating lower costs, which result in higher revenue, but also helps the community by not taking up so much water. Taking this into consideration, it is critical that the corporation goals and values are established and clear throughout the corporation, they should be developed by the board or directors and CEO, and the highest managerial level should stress their importance to the rest of the corporation. By making the goals and values at the top branch of the corporate hierarchy, it will be simpler for the corporates community to develop in order to nurture those goals and values. Therefore, a corporation can reach the “shared-value,” a value for both its shareholders and community in a simpler manner that can result benefiting the corporation in the end as well. Throughout the article many examples are given of actual corporations that have benefited and changed their CSR in order to fit their goals, therefore, providing solid proof that these methods work. Nevertheless, as acknowledged by the author’s themselves, most of the corporations taken into consideration where one’s that Harvard CSR students were employed
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