Allied Bank (ABL): Pakistan's oldest bank and its long road from Lahore to the KSE-100
Founded in Lahore in 1942 as Australasia Bank, nationalised in 1974 and rebuilt under the Ibrahim Group from 2004 — the story of Pakistan's oldest surviving bank.
20 long-form profiles of KSE-100 companies — how they were founded, who owns them, what they sell and how they make money. Start with the first market guides, the sector and company series or the 44 Learn guides. Educational content only, not financial advice.
Founded in Lahore in 1942 as Australasia Bank, nationalised in 1974 and rebuilt under the Ibrahim Group from 2004 — the story of Pakistan's oldest surviving bank.
Incorporated in Karachi in 1948 and still making medicines, nutrition and diagnostics at Landhi — how the Pakistani arm of a global healthcare giant earns its place in the KSE-100.
Operating since 1989, bought by an OBS-led consortium in 2014, merged, rebuilt around brands like Rigix and Osnate-D, and listed in 2018 — the remaking of a Karachi drug maker.
Started as a one-man Karachi brokerage in 1970, incorporated in 1994, nearly broken in 2008 and rebuilt as a holding company spanning brokerage, cement, fertiliser, steel and energy.
Incorporated on 28 September 1960 by the Adamjee family, now inside Mian Mansha's Nishat Group — Pakistan's flagship general insurer, from motor policies to power-plant cover.
Founded in the early 2010s as a phone distributor for Samsung, Huawei and Xiaomi, listed in 2021, and now assembling smartphones and TVs in Lahore — Pakistan's mobile trade in one company.
Incorporated in 1991 by the Army Welfare Trust, opened in 1992, and acquired by the Fauji Foundation group in 2013 — the story of a welfare-trust bank turned national lender.
Incorporated in 1995, marketing fuel since 1998 and listed in 2005 — the Attock Group's retailer, selling petrol and diesel from its own pumps, airports and army depots.
From Yusuf Shirazi's 1962 investment company and a 1963 Honda collaboration to the CD 70 and CG 125 — how Atlas Honda became Pakistan's largest motorcycle maker.
Refining at Morgah since 1922, carved out of the Attock Oil Company in 1978 — Pakistan's oldest refinery, feeding the north and anchoring the Attock Group's middle.
Born from the remnants of BCCI, privatised to an Abu Dhabi consortium in 1997 and renamed Bank Alfalah, BAFL grew into one of Pakistan's largest private banks.
Founded by the Dawood Habib family in the 1991 banking opening, Bank AL Habib built a large national franchise on conservative, family-led, trade-focused banking.
Assembled from Rupali, MyBank and Atlas Bank as Summit Bank, the lender was recapitalised by UAE investor Nasser Lootah in 2023 and renamed Bank Makramah.
Established by the state in 1953 and later bought by the Bibojee Group, Bannu Woollen Mills still weaves blankets, shawls and tweeds in Bannu, Khyber Pakhtunkhwa.
Created by the Punjab government in 1989, nearly broken by a lending scandal in 2008, The Bank of Punjab rebuilt into a national, agriculture-focused lender.
The Bestway Group, built in Britain by Sir Anwar Pervez, planted its first cement works at Hattar in 1995 and bought its way to the top of Pakistan's northern market.
Incorporated in 1981 beside the limestone of the Cherat hills, the Ghulam Faruque Group's cement maker was the private sector's first plant of the modern era.
Founded as Bosicor in 1995, renamed Byco in 2010 and Cnergyico in 2021, the Hub refiner built Pakistan's largest refining complex and its only offshore oil terminal.
Started as National Detergents by the Lakhani family in 1977, renamed when Colgate-Palmolive of the US took a stake in 1990, COLG brands fill Pakistan's bathrooms.
Incorporated in 2012 around an acquired Army Welfare Trust plant, Citi Pharma became one of Pakistan's largest makers of medicine ingredients, then moved into finished drugs.
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