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Tag Archives: Pakistan’s fifth largest private bank

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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Bank Alfalah partners with SCO to launch branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan

KARACHI – Sep 19, 2016: Taking a major stride toward its financial inclusion goals in the country, Bank Alfalah has joined hands with Special Communications Organization (SCO) for the launch of its branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan. A brand envisioned as ‘S-Paisa,’ Bank Alfalah’s branchless banking offering is aimed to empower more than 6 million …

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Alfalah Credit Cardholders to enjoy 25% discount on Careem rides

Karachi, August 16, 2016: Continuing their efforts to extend unparalleled service to its customers, Pakistan’s leading bank, Bank Alfalah and premier chauffeur-driven car hailing platform, Careem have signed an agreement to provide a hefty 25% discount to Alfalah Credit Card customers on their Careem rides. The agreement will prove instrumental in strengthening and accelerating the pace of safe and hassle-free …

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Bank Alfalah partners with Millat Tractors to offer innovative vendor financing solution

KARACHI – June 24, 2016: In continuation of its efforts to support SME sector in Pakistan, Bank Alfalah has entered into a partnership with the country’s largest tractor manufacturer Millat Tractors to launch vendor financing with end-to-end banking solutions specially outfitted for the SME. The MoU was signed by Atif Bajwa, CEO Bank Alfalah and Sikander Mustafa Khan, Chairaman, Millat …

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