Pakistan Revenue
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 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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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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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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Karachi, February 1, 2024 – Bank Alfalah, a leading financial institution, announced an impressive 98% surge in annual profit after tax on Thursday.
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Karachi, October 3, 2023 – Bank Alfalah, a leading financial institution in Pakistan, has unveiled plans to establish an exchange company with an authorized share capital of Rs 2 billion.
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Karachi, August 10, 2023 – Bank Alfalah, a prominent player in Pakistan’s financial sector, has stunned the market by announcing an astounding 113 percent growth in net profit for the half-year ending June 30, 2023.
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Bank Alfalah, one of Pakistan’s largest commercial banks, has teamed up with World Wide Fund for Nature Pakistan (WWF-Pakistan), a leading environmental conservation organization, to kickstart #GreenWayForward, a plantation campaign.
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Islamabad, July 12, 2023 – President Dr. Arif Alvi has dismissed an appeal by Bank Alfalah against the decision of the Banking Ombudsman, directing the bank to issue a refund to a customer and send him an apology.
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Pak Suzuki, in partnership with Meezan Bank and Bank AlFalah, is offering exclusive financing and insurance rates for customers interested in purchasing a Suzuki Certified Used Car. The primary objectives of this campaign are to facilitate customers in financing their desired Certified Used Cars and provide competitive rates for both financing and insurance.
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