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MarketScreener Homepage  >  Equities  >  KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE  >  Allied Bank Limited    ABL   PK0083501012

ALLIED BANK LIMITED

(ABL)
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End-of-day quote. End-of-day quote KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE - 06/25
104.92 PKR   -0.13%
05/08ALLIED BANK LIMITED : Ex-dividend day for interim dividend
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03/20ALLIED BANK LIMITED : Ex-dividend day for final dividend
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2018ALLIED BANK LIMITED : Ex-dividend day for interim dividend
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Allied Bank : signs agreement with IBM

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01/12/2019 | 05:04am EDT

Allied Bank (ABL) has joined hands with IBM and Oracle to embark on a cognitive journey on Oracle Big Data Platform. A signing ceremony was held at Allied Bank head office in Lahore. Allied Bank, being fully cognizant of the digital transformation pre-requisites, will become one of the first banks in Pakistan to adopt Oracle Big Data Appliance, which is a flexible, high performance, secured and multi-purpose engineered system for Hadoop workloads and data processing. Allied Bank's wide range of banking services and customer transactions have created enormous amount of structured and unstructured data. Speaking on the occasion, Allied Bank CEO Tahir Hassan Qureshi stated, 'Allied Bank is continuously investing in the technologies of the future and adopting Oracle Big Data Platform is another step towards revolutionising data driven decision making in today's digital economy. 'ABL and IBM are joining hands to embark on a cognitive and analytics journey,' said IBM Pakistan Country General Manager Ghazanfar Ali.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
ALLIED BANK LIMITED -0.13% 104.92 End-of-day quote.-0.64%
INTERNATIONAL BUSINESS MACHINES CORPORATION -0.71% 138.36 Delayed Quote.21.72%
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Financials (PKR)
Sales 2019 50 921 M
EBIT 2019 37 288 M
Net income 2019 14 530 M
Debt 2019 -
Yield 2019 7,15%
P/E ratio 2019 8,26
P/E ratio 2020 5,38
Capi. / Sales 2019 2,36x
Capi. / Sales 2020 1,81x
Capitalization 120 B
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 119  PKR
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Tahir Hassan Qureshi Chief Executive Officer & Director
Mohammad Naeem Mukhtar Chairman
Muhammad Farhanullah Khan Chief Financial Officer
Mujahid Ali Group Chief Information Technology Officer
Abdul Aziz Khan Non-Executive Director