Allahabad Bank

Go Back

Allahabad Bank

  • The bank has been conferred National Award 2011-12 by the Ministry of Micro, Small & Medium Enterprises, Government of India under PMEGP on 03.04.2013 for excellence in the field of Khadi and Village Industries
  • The bank has signed MOU with CARE, ICRA, CRISIL, SMERA, ONICRA & BRICK WORK for Credit Rating of Micro & Small Enterprises
  • The CNBC TV-18 awarded Allahabad Bank with its 'India Best Mid Size Bank'
  • 200 Ultra small branches have been opened under Financial Inclusion Plan during the year 2013 - 14

Allahabad Bank is the oldest Bank in India and was founded in 1865 by a group of Europeans in the historic city of Allahabad. The Bank, in 1923, shifted its head office to Kolkata, then the country’s commercial capital. The Bank is carrying long and glorious annals of 146 years, stretched over last three centuries. Allahabad Bank’s total business has surpassed Rs 332,000 crores (US$ 53.86 billion).

Having a pan India presence the bank has a total number of branches exceeding 2400. In line with the quest for globalisation of India, the bank is presently eyeing at attaining global standards in all respects.

Source: https://www.allahabadbank.in/english/home.aspx

Allahabad Bank: Oldest nationalised bank

2014 Bank celebrates 150 years of foundation.
2013 The Bank has been awarded “The Sunday Standard Best Bankers’ Award -2013” for outstanding performance in Financial Inclusion category by the New Indian Express Group
2012 Bank crosses its network of 2,500 branches.
2011-12 Bank has been awarded the prestigious Indira Gandhi Rajbhasha Puraskar for by the Department of Official Language, Ministry of Home Affairs, Government of India on September 14, 2013
2007 The Bank opened its first overseas branch at Hong Kong.

Updated: February, 2015

Banking
Total banking assets in India is expected to cross US$ 28.5 trillion in FY25.
x IBEF : India Brand Equity Foundation