Profit after tax for the period ended September 30, 2017 reported at Rs. 7.175 Bn KARACHI ( PRESS RELEASE ) The Board of Directors of Bank Alfalah in their meeting held on 25 October 2017, approved the Bank’s un-audited financial statements for the nine months period ended September 30, 2017.Read More →
KARACHI ( PRESS REPORT ) A signing ceremony led by Nauman Ansari (CEO Bank Alfalah) and Dr. Jo Beall (Director Education and Society, British Council Executive Board) was held on 5th October 2017 at British Council Library, Karachi. This ceremony marked the formal initiation of an Operational Alliance for CSRRead More →
ISLAMABAD ( PRESS RELEASE ) JS Bank Limited & Abacus Consulting signed an agreement for the implementation of Apigee, Google Cloud’s API Management Platform. The initiative aims to create a JS Bank led ecosystem where partners, customers, fintech players, and employees can leverage this digital investment and participate in building an APIRead More →
ISLAMABAD ( PRESS RELEASE ) Faysal Bank Limited (FBL), one of the leading banks in Pakistan announced the launch of 0% instalment plan in partnership with SanaSafinaz, a well acclaimed Fashion House of Pakistan. Commenting on this occasion Mr Fouad Farrukh, Head of Retail Banking, Faysal Bank stated, “This businessRead More →
KARACHI ( PRESS RELEASE ) Strengthening its market standing as the nation’s preferred banking institution, Telenor Microfinance Bank (formerly Tameer Microfinance Bank) has won the ‘Best Microfinance Bank’ and “Best Bank for the Unbanked” awards at the 2nd Pakistan Banking Awards 2017 for its outstanding initiatives for promotion of financial inclusionRead More →
KARACHI ( MEDIA REPORT ) The Department of Financial Services (DFS) has fined Habib Bank and its New York branch $225 million for failure to comply with New York laws and regulations designed to combat illicit financial transactions, announced Financial Services Superintendent Maria T Vullo on Thursday. The new orderRead More →
LAHORE ( PRESS RELEASE ) National Bank of Pakistan (NBP) and Karandaaz Pakistan have joined hands to create a more robust digital financial ecosystem in Pakistan through implementation of an Application Programming Interface (API) management platform for NBP. This technology platform implementation is focused particularly on digitizing Government to Person (G2P) andRead More →
KARACHI ( PRESS RELEASE ) Seasoned banker Shahid Mustafa has been appointed the new President & Chief Executive Officer (CEO) of Telenor Microfinance Bank (formerly Tameer Microfinance Bank). Shahid replaced outgoing President &CEO Ali Riaz Chaudhry who served the institution since May 2016. Shahid, whose career spans over 20 years,Read More →
KARACHI ( PRESS RELEASE ) Bank Alfalah Limited, has partnered with C Square Consulting to install self-service banking kiosks. Using these IntellekT kiosks, anyone can open a Bank Alfalah digital/wallet account powered by UnionPay Debit Card within merely three minutes and all that is needed for processing is the person’sRead More →
KARACHI ( TARIQ REPORT ) Bank Alfalah has won the‘Best Loyalty and Rewards Program Award’ for its Orbit Rewards Program at the 2017 Mastercard MENA Leadership Forum that took place in London, UK. Hosted by Mastercard, a leading technology company in the global payments industry, the Forum brought together executivesRead More →
KARACHI ( PRESS RELEASE ) Expanding its endeavor to promote linkages with academia, Bank Alfalah Limited (BAFL) has entered into a strategic partnership with ,Institute of Business Administration, University of Punjab (IBA-PU). The agreement comes as an extension of Bank Alflalah’s recent endeavor for strengthening industry and academia by promotingRead More →
KARACHI ( PRESS RELEASE ) Bank Alfalah, has entered into a strategic arrangement with Pakistan Telecommunication Employees Trust (PTET) for disbursement of pensions to its pensioners through dedicated digital branchless banking wallets. This arrangement would usher in great deal of ease and convenience to pensioners in receiving their monthly pensions.Read More →