Bank Alfalah Limited
PPSX:BAFL55.21
PKR
-0.37
(-0.67%)
ISIN
PK0078701015
Return %
Stock
S&P 500
1Y
-3.15
14.20
3Y
175.84
81.12
5Y
202.69
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Atif Aslam Bajwa
- Full Time Employees
- 17,543
- Sector
- Finance
- Industry
- Regional banks
- Address
- Karachi Pakistan
- IPO Date
- May 17, 2004
- Website
- bankalfalah.com
- Similar Companies
- Business
- Bank Alfalah Limited provides commercial banking, Islamic banking, retail banking, corporate and investment banking, treasury, and digital financial services to individual consumers, small and medium-sized enterprises, agricultural businesses, corporations, and institutional clients. The bank operates through several key business segments: Retail Banking, which offers current, savings, and term deposit accounts; personal loans, residential mortgages, and auto financing; credit, debit, and prepaid cards; wealth management; and bancassurance products; Islamic Banking (Alfalah Islamic), which delivers Shariah-compliant deposit accounts, Murabaha, Diminishing Musharakah, Ijarah auto and home leasing, and Islamic trade finance; Corporate and Investment Banking, which provides working capital facilities, syndicated loans, structured finance, project advisory, debt underwriting, trade finance, letters of credit, bank guarantees, and cash management solutions; SME and Agriculture Banking, which offers micro and small business lending, farm mechanization credit, crop production loans, and supply chain finance; Treasury and Capital Markets, which conducts foreign exchange dealing, money market operations, fixed-income trading, interest rate derivatives, and liquidity management; and Digital and Transaction Banking, which provides the Alfa mobile application, internet banking, the Bank Alfalah Transact corporate cash management portal, merchant point-of-sale terminals, QR code payments, and digital payment gateways. Founded in 1992 and headquartered in Karachi, Pakistan, the bank is majority-owned by the Abu Dhabi Group of the United Arab Emirates and operates a domestic network of more than 1,000 branches and ATMs across Pakistan, alongside international operations in Bahrain and the United Arab Emirates. In recent strategic developments, Bank Alfalah entered into an agreement to divest its banking operations in Bangladesh to Bank Asia PLC and accepted a proposal to divest its Afghanistan branch network to Ghazanfar Bank to optimize its international footprint, concluded the divestment of its stake in subsidiary Alfalah Securities, and acquired a 9.9 percent equity stake in UAE-based fintech firm Jingle Pay to expand its cross-border digital payment and remittance infrastructure.