Karachi, March 1, 2021: The bank is following a flow deposit strategy, where the prime focus will be on acquiring Current Accounts and Savings Accounts, in order to improve overall deposit mix. In 2020, the bank was able to post 21 percent YoY increase in total deposits. The bank is planning aggressive branch expansion over…
Karachi, March 1, 2021: Promoting its mission of inclusivity, Faysal Islami, one of the leading Islamic banks in Pakistan, was the platinum sponsor for the 6th Special Olympics Pakistan Unified Marathon 2021, held at Emaar Pakistan on 28th February, 2021. Identified as one of the big-scale social initiatives in Karachi, the event is held every…
Lahore: February 10, 2021: The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on February 10, 2021 to review the performance of the Bank and approve the financial statements for the year ended December 31, 2020. The Board of Directors has declared final cash dividend of Rs. 15.0…
Karachi, February 04, 2021: The Board of Directors of Bank Alfalah Limited in its meeting held on February 3, 2021, approved the Bank’s audited financial statements for the year ended December 31, 2020. The Bank reported an operating profit of Rs. 25.468 billion, marginally higher than last year, despite lockdown in the country and the…
Karachi, February 01, 2021 : Bank Alfalah and The Beaconhouse Group one of Pakistan’s largest private school networks have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the employees of the Beaconhouse School System. The agreement was developed to make Bank Alfalah’s diverse range of quick and affordable financing solutions…