Bank Alfalah Archives - Pkrevenue.com

Bank Alfalah sees interest rate hike risk amid Iran conflict

March 31, 2026March 31, 2026Faisal Shahnawaz

Karachi, March 31, 2026 – Bank Alfalah Limited has indicated a possible upward trend in interest rates in the coming months, citing heightened geopolitical tensions stemming from the ongoing Iran conflict.

Bank Alfalah reports Rs2.84 billion tax contingencies for 2025

March 9, 2026March 9, 2026Shahnawaz Akhter

Karachi, March 9, 2026 – Bank Alfalah Limited has disclosed tax contingencies for the calendar year ended December 31, 2025, in its annual financial statements filed with the Pakistan Stock Exchange (PSX).

Bank Alfalah sees sharp 26% profit dip in CY25 despite rising income

February 16, 2026February 16, 2026Faisal Shahnawaz

Karachi, February 16, 2026: Bank Alfalah Limited on Monday reported a sharp 26% year-on-year decline in profit after tax for the calendar year ended December 31, 2025, reflecting rising operating costs despite higher income.

SBP approves due diligence for Afghan bank to acquire BAFL operations

January 7, 2026January 7, 2026Faisal Shahnawaz

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.

Bank Alfalah approves non-binding offer for Afghanistan operations

December 4, 2025December 4, 2025Faisal Shahnawaz

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.

Bank Alfalah reports tax disputes with authorities

August 7, 2025August 7, 2025Faisal Shahnawaz

Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.

FBR Raises Rs 1.22 Billion Tax Demand Against Bank Alfalah

March 2, 2025March 2, 2025Shahnawaz Akhter

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.

SBP Imposes Penalty of Over Rs 222 Million on Bank Alfalah

February 27, 2025February 27, 2025Shahnawaz Akhter

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.

Bank Alfalah Reports 8% Profit Decline in First Quarter of 2024

April 24, 2024April 24, 2024Faisal Shahnawaz

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.

Bank Alfalah Considers Acquisition Offer from Bank Asia Limited

April 17, 2024April 17, 2024Faisal Shahnawaz

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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