Faith of centuries evolving into the trust of generations...

April 24, 1865's

The Bank was founded at the confluence city of Allahabad by a group of Europeans.


The Bank became a part of P & O Banking Corporation's group with a bid price of Rs..436 per share,


The Head Office of the Bank shifted to Calcutta on Business considerations.

July 19, 1969

Nationalized along with 13 other banks, Branches - 151 Deposits - Rs.119 crores, Advances - Rs.82 crores.

October, 1989

United Industrial Bank Ltd. merged with Allahabad Bank.


Instituted AllBank Finance Ltd., a wholly owned subsidiary for Merchant Banking.

October, 2002

The Bank came out with Initial Public Offer (IPO), of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16%.

April, 2005

Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%.

June, 2006

The Bank Transcended beyond the National Boundary, opening Representative Office at Shenzen, China.

Oct, 2006

Rolled out first Branch under CBS.

February, 2007

The Bank opened its first overseas branch at Hong Kong.

March 2007

Bank's business crossed Rs.1,00,000 crores mark.

March, 2010

Bank crosses Business figure of Rs.1,75,000/- crore with a growth rate of 23.06%

March, 2011

Bank has implemented CBS in all its Branches

March, 2012

Bank crosses its net work of 2500 branches.

March, 2013

Bank crosses bench mark business figure Rs.3,00,000/- crore and enters in "Orbit of Large Banks"

April, 2014

Bank celebrates 150 years of foundation.