MoneyWorks4Me analysed the past 10-year performance of Allahabad Bank - (Amalgamated) and arrived at the following conclusion:
The 5-year analysis of Allahabad Bank - (Amalgamated)'s performance infers:
We analysed the performance of Allahabad Bank - (Amalgamated) share prices over the last 10 years. Here is what we found out:
The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded on April 24, 1865 by a group of Europeans at Allahabad. At that juncture Organized Industry, Trade and Banking started taking shape in India.
Allahabad Bank is oldest nationalised Bank with rich experience in extending various banking solutions to its valued clients since 1865. Their consistent track record of growth with profit provides the confidence of meeting all your Banking requirements.
In 1991 the
In 1991 the bank commenced its wholly-owned subsidiary AllBank Finance for merchant banking. In June 2006 the bank opened its first representative office at Shenzen, China and same year it rolled out first branch under CBS.
Currently the bank serves customers across 110 cities with a network 6 zonal offices, 2227 branches (including one in Hong Kong) and 221 ATMs.
Allahabad Bank is well spread out in India and recently opened first International Branch at Hong Kong. Bank has also arrangements with correspondents at various important overseas locations, which will ensure extending to its all NRI customers rich banking experience.
Products and services offered by the company:
Retail Credit Products
Other Credit Products