Karachi, December 23, 2019: Bank Alfalah, one of Pakistan’s leading banks, organized first of its kind Supply Chain Finance round table conference, a platform for interactive discussion with corporate clients from across the industries. The round table conference brought together officials from IFC (World Bank Group), who are engaged with Bank Alfalah for establishment of…
Karachi, July 19, 2019: Banking sector is most likely to witness robust growth during this fiscal year (FY20) supported by higher interest rates. According to JS Global, outperform stance on banks for CY19 on account of healthy profitability growth driven by recent monetary tightening (1QCY19 Net Interest Income growth: 25 percent YoY), which is expected…
Abu Dhabi, April 25, 2019: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 25 April 2019, approved the Bank’s unaudited interim financial statements for the period ended March 31, 2019. Profit before taxation stands at Rs. 6.134 billion for the quarter ended March 31, up from Rs. 5.075…
Karachi, April 15, 2019: Bank Alfalah Islamic has recently signed a Memorandum of Understanding with Ghandhara Industries Limited (GIL) for promoting Isuzu D Max variants. GIL is a public limited company quoted on the Stock Exchanges and registered under the Companies Act, 1913 (now companies Ordinance, 1984). The major business activities of the company comprise…