Tag Archives: banks in pakistan

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 …

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 …

Karachi, 30th December, 2016: Media reports have implied that a fraud of Rupees 1.5 billion was committed at National Bank of Pakistan and that the bank incurred a loss of this amount. National Bank of Pakistan firmly denies these allegations. In some media reports it is also implied that National …