Bank Alfalah, one of the largest private banks in Pakistan, has partnered with Paymob, MENA’s market-leading digital payments provider...
The two organisations have collaborated to activate and support merchant acquisition and integration services across Pakistan...
KARACHI: Bank Alfalah received the Best Bank Award for 2017 for demonstrating “the most significant contribution to national development and the most effective management of its resources, including its employees, clients, franchise community and financials”...
It received the honour at the second Pakistan Banking Awards, which were jointly organised by the Institute of Bankers, A...
KARACHI: Bank Alfalah’s pre-tax profit rose 48 per cent to Rs12...
“We are committed to providing better and more innovative banking solutions to our customers and to support economic growth in Pakistan,” said Bank Alfalah’s President and CEO Atif Bajwa while speaking on the occasion...
In this scenario, banking sector analysts expect Bank Alfalah (BAFL) to realise a decent one-off gain from the transaction...
Know more: Mobilink, Warid to combine in Pakistan’s first telecom merger“BAFL acquired a 26pc stake in Warid Telecom in 2004...
KARACHI: Bank Alfalah Ltd (BAFL) on Monday announced that it is entering into a strategic partnership with CLSA, a Hong Kong-based investment group, in BAFL-owned Alfalah Securities Ltd on Aug 30...
“In Pakistan and Bangladesh we are either the largest foreign broker (measured by value of trade done) or in the top three...
KARACHI: Bank Alfalah received the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held here on Friday...
Bank Alfalah also won the Best Consumer Franchise Award for 2019...
KARACHI: Bank Alfalah has said that its designated facilities will remain open on Saturdays and Sundays for disbursements under the Prime Minister’s Ehsaas Emergency Cash Programme...
In a press release, Bank Alfalah has said it is proud to be one of the two exclusive partners for delivery of cash under the Ehsaas programme...
LAHORE: Silkbank Ltd’s consumer finance portfolio appears to be attracting a lot of interest from other banks these days with Bank Alfalah (BAFL) joining the race for the acquisition of SBL’s personal loans, running finance and credit card business on Monday...
Two separate bourse filings say BAFL has approached the Silkbank management for its concurrence to apply for permission from the State Bank of Pakistan to start due...
KARACHI: Bank Alfalah Ltd said on Friday it completed the buyback of 200 million shares in line with a special resolution that its shareholders passed in the first week of December...
The total number of shares goes down once a company conducts a buyback, leading to an increase in its break-up value and profit per outstanding share...
How many people around you have ever willingly bought an insurance policy? It can’t be a lot, at least if you exclude the Sehat card that the citizens of Khyber Pakhtunkhwa and Punjab are entitled to...
That’s because Pakistan has one of the worst insurance penetration rates among regional or economic peers — at just 0...
PESHAWAR: Chief Minister Pervez Khattak here on Tuesday launched a health insurance scheme under the Khyber Pakhtunkhwa “Sehat Sahulat Programme” for the deserving and poor patients in the province...
Ambassador of Germany Ms Ina Lepel, health minister Shahram Tarakai, Pakistan-based director of KfW, chairperson of State Life Insurance and secretary health also spoke on the occasion...
KARACHI: The State Bank of Pakistan (SBP) has allowed resident insurance companies to issue dollar-denominated insurance policies on a notional basis to meet the condition of foreign lenders and foreign projects undertaken in Pakistan...
The SBP issued on Wednesday a circular addressing all banks and financial institutions to follow the instructions regarding new insurance policies...
ISLAMABAD: The Insurance Division carried out a thematic review of the implementation of SRO 20(I)/2012 dated Jan 11, 2012, requiring insurers to develop detailed procedures to counter the potential threat of use of their services for money laundering...
Moreover, Circular No 8 dated April 7, requires all life insurers to provide information to the Securities and Exchange Commission of Pakistan (SECP) on a monthly basis with respect...
LAHORE: A European investment fund has entered into an agreement to acquire a significant minority stake in a Lahore-based general insurance company offering agriculture insurance to over 100,000 farmers in Pakistan...
An announcement issued on Saturday said the InsuResilience Investment Fund, set up by the German Development Bank KfW and managed by Switzerland-based Impact Investment Manager BlueOrchard Finance, will acquire 25 per...
Hurricane Harvey's devastation will be among the costliest of any storm in US history but, with most not covered by insurance, victims are left hoping for government aid and community support...
But in federally designated US flood zones, only 12 per cent of home owners are covered by flood insurance, according to the Insurance Information Institute...