How to grow a Big Five bank: the case of Allied Bank Limited

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Allied Bank is the type of institution that makes that “Lazy Big Five Banks” stereotype look true. The bank has been – almost without interruption – the fifth largest in Pakistan for the last four decades and it appears perfectly comfortable staying there. While the bank has among the cheapest deposit bases in the industry, it has grown slower than the industry as a whole over the last five years (a compound annualised growth rate of 10.1% versus 12.1% for the industry).

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