Karachi, January 7, 2026 — The State Bank of Pakistan (SBP) has granted approval to Ghazanfar Bank of Afghanistan to initiate the due diligence process for acquiring Bank Alfalah Limited’s (BAFL) branches in Afghanistan. This step marks a significant development in the planned transaction, aimed at transferring BAFL’s Afghan operations to the Afghan banking institution.
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Bank Alfalah approves non-binding offer for Afghanistan operations
Karachi, December 4, 2025 – Bank Alfalah Limited announced on Thursday that its Board of Directors has approved a non-binding offer received from Ghazanfar Bank, Afghanistan, to acquire the bank’s operations in Afghanistan.
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Bank Alfalah reports tax disputes with authorities
Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.
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FBR Raises Rs 1.22 Billion Tax Demand Against Bank Alfalah
Karachi, March 2, 2025 – The Federal Board of Revenue (FBR) has issued a tax demand of Rs 1.22 billion against Bank Alfalah for multiple tax years, citing various discrepancies in tax payments.
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SBP Imposes Penalty of Over Rs 222 Million on Bank Alfalah
Karachi, February 27, 2025 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of over Rs 222 million on Bank Alfalah, as per a report released on Thursday.
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Bank Alfalah Reports 8% Profit Decline in First Quarter of 2024
KARACHI: Bank Alfalah Limited, one of Pakistan’s prominent financial institutions, announced a slight downturn in its profits for the first quarter ended March 31, 2024, on Wednesday.
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Bank Alfalah Considers Acquisition Offer from Bank Asia Limited
The Board of Directors of Bank Alfalah Limited has given its in-principle approval to the non-binding indicative offer received from Bank Asia Limited, Dhaka, Bangladesh, to acquire Bank Alfalah’s operations and assets in Bangladesh.
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Bank Alfalah Contemplates Quarterly Dividend Payouts
Bank Alfalah Limited, one of Pakistan’s leading banks, is considering a shift towards quarterly dividend payouts, reflecting a move in line with current market dynamics.
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Bank Alfalah Allocates Rs 3.6 Billion Amid Windfall Tax Challenge
Karachi, February 28, 2024 – Bank Alfalah, one of Pakistan’s prominent banking institutions, has set aside a substantial sum of Rs 3.6 billion as a precautionary measure in anticipation of potential windfall tax payments.
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Pakistan Imposes Rs 136 Million Penalty on Bank Alfalah
Karachi, February 11, 2024 – In a significant development, the State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs 136 million on Bank Alfalah for various regulatory violations during the calendar year 2023, according to official documents.
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