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Tag Archives: About Bank Alfalah

Bank Alfalah posts EPS of Rs. 4.96, improving 4.8 percent year on year

KARACHI, 28 March 2017: Bank Alfalah’s 25th Annual General Meeting (AGM) was held in Karachi on Tuesday, where the Bank’s shareholders approved the financial results for the year ended 31 December 2016, with the Bank registering Profit after tax of Rs. 7.900 Billion in December 2016 as against Rs. 7.523 Billion in December 2015. Earnings per Share were reported at …

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Bank Alfalah launches PayPak Classic Debit Card

KARACHI – March 22, 2017: In continuation of its efforts toward digitizing the financial landscape of the country and promoting financial inclusion through diversified initiatives, Bank Alfalah, Pakistan’s leading card issuer and acquirer, has joined hands with 1Link (Guarantee) Limited to launch Bank’s first PayPak Classic Debit Card. PayPak is Pakistan’s first Domestic Payment Scheme launched by 1Link (Guarantee) Limited …

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Bank Alfalah Clinches Coveted ‘IFM Award’ for its Best in Class Credit Cards Service

KARACHI – March 20, 2017:  Pakistan’s leading banking institution, Bank Alfalah, has bagged the International Finance Magazine Award in ‘Best Credit Card Offering’ category at IFM Awards organized by International Finance Magazine in Singapore for recognizing best-in-class banks and financial institutions. Bank Alfalah is the only bank in Pakistan to have achieved the prestigious IFM Award. The award was presented …

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Bank Alfalah partners up with Beaconhouse School System to deliver top-notch digital services

LAHORE – February 28, 2017: Pakistan’s premier banking institution, Bank Alfalah, has struck a historic deal with the country’s top educational institution, Beaconhouse Schools, to extend its leading edge digital products and services to facilitate the countrywide schools network. The CEO of Bank Alfalah and the CEO of Beaconhouse School System in the presence of senior officials from both the …

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Bank Alfalah posts profit after tax of Rs. 7.9 Billion with an EPS of Rs. 4.96

KARACHI, 24 Feb 2017: Bank Alfalah has announced its financial results for the year ended 31 December 2016, with the Bank registering Profit after tax of Rs. 7.9 Billion in December 2016 as against Rs. 7.5 Billion in December 2015, improving by 5 percent. Earnings per Share were reported at Rs. 4.96 as compared to Rs. 4.73 reported in December …

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Four up-and-coming designers vie for the Bank Alfalah Rising Talent Award at Fashion Pakistan Week 2017

KARACHI – February 22, 2017: Bank Alfalah’s famed talent hunt and development program returned today with four budding designers fighting for the coveted ‘Rising Talent’ trophy at the opening of Fashion Pakistan Week 2017 at a local hotel in Karachi. Bank Alfalah’s Rising Talent platform aims to motivate, inspire and recognize young and upcoming talent in the country and provide …

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Bank Alfalah assigned AA+/A-1+ entity ratings by JCR-VIS

KARACHI, February 17, 2017: JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘AA+/A-1+’ (Double A Plus/A-One Plus) to Bank Alfalah Limited (BAFL). Outlook on the assigned ratings is ‘Stable’. The assigned ratings reflect the Bank’s diversified operations, healthy financial risk profile, strong sponsors and existing market presence. BAFL has exhibited sustained improvement across key performance areas …

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Bank Alfalah receives FAA Accreditation for Islamic Banking Certification Program

KARACHI – Nov 21, 2016: The Islamic Banking Certification Program offered by Bank Alfalah Pakistan recently received accreditation from the Finance Accreditation Agency (FAA), Malaysia at the IFN Forum in Lahore. The certificate was presented by Mr. Khairul Nizam, Chief Operating Officer of FAA, to Mr. Rizwan Ata, Group Head Islamic Banking Group of Bank Alfalah, in the presence of …

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Bank Alfalah Announces Winner of ‘Bank Alfalah Rising Talent’ Award at PFDC Bridal Week 2016

Mariam Amjad declared the new Bank Alfalah Rising Talent out of the three young designers who showcased their dazzling collections while contending for the Bank Alfalah Rising Talent Award at PFDC Bridal Fashion Week 2016. Picture shows Mariam Amjad receiving Bank Alfalah’s trophy and cash award of half a million rupees from Bashir Ahmed Sheikh, Group Head, Special Assets Management, …

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Three emerging designers vie for Bank Alfalah Rising Talent award at the PFDC Bridal Week

Lahore – Sep 28, 2016: Three up-and-coming young talents in fashion showcased their collections while vying for Bank Alfalah Rising Talent award at the opening of the PFDC Bridal Week today. The Rising Talent initiative, holding the apt tagline ‘Discovering the Potential of Pakistan,’ aims to motivate, inspire, and recognize aspiring fashion designers of the country by providing them opportunities …

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