Bank Alfalah Introduces Self-Service Banking Kiosks Allowing Customers to Open a Digital Account in 3 Minutes

In extension of its hard work to digitize Pakistan’s financial services scene and indorse financial presence here, the country’s top banking institution, Bank Alfalah Limited, has collaborated with C Square Consulting to install self-service banking kiosks. By making use of IntellekT kiosks, anyone can open a Bank Alfalah digital/wallet account driven by UnionPay Debit Card

Bank Alfalah to Spend PTET Employees’ Pensions via Digital Wallets

Bank Alfalah, Pakistan’s foremost institute of banking has made a strategic alliance with PIET – Pakistan Telecommunication Employees Trust for payment of pensions to the retirees by committed digital wallets of branchless banking. With this arrangement of receiving their monthly pensions, pensioners will escort a lot of convenience. The Memorandum was signed up by Mehreen

Bank Alfalah Reports Profit before tax of Rs. 4.290 Billion, Increasing by 13.1%!

The Board of Directors of Bank Alfalah Limited held a meeting on April, 24th 2017 approving the bank’s first quarter financial statements (un-audited) ending on March 31st 2017. The bank earned Profit before tax of Rs. 4.290 billion for Q1, increasing from the last year’s same period by 13.1%. EPS was noted to be at

Banks Receive More Than 214,000 Hajj Applications in 5 Days!

According to the PITB’s Hall Policy 2017, 9061 branches of 10 banks have received applications which shall continue till 26th April. There will be about 179,210 pilgrims from the country carrying out Hajj this year, with 60% going with the Government Scheme and the remaining by the Private Hajj Group Organizers. Banks have already received

Bank Alfalah Wins Best in Banking & Financial Services Award at PASAwards17 !

Bank Alfalah has been awarded for “Best in Banking & Financial Services Award” at the PASAwards17 for Bank Alfalah Islamic Banking.

Bank Alfalah Opens Rise of 4.8% in EPS Year on Year!

The 25th Annual General Meeting (AGM) of Bank Alfalah was conducted in Karachi on Tuesday, in which the shareholders of Bank accepted the financial results of the duration ending 31st December 2016, with the Bank, recording Profit after tax of Rs. 7.900 Billion in the last month of 2016 in contrast of Rs. 7.523 Billion

Bank Alfalah, Beaconhouse School System Signs Agreement for Delivering Top-Notch Digital Services

Pakistan top-notch banking system, Bank Alfalah has partnered with the all-famous and all-known educational institution, Beaconhouse School to outspread its innovative digital products and services for facilitating nationwide schools network. The agreement was signed by the CEO of Bank Alfalah and CEO of Beaconhouse in the attendance of top officials from two institutions. Per the

Bank Alfalah Announced Winner for Rising Talent Award at Fashion Pakistan Week 2017

Areej Iqbal Qureshi was announced winner for the Bank Alfalah Rising Talent Award at the occasion today. He is one of the four upcoming designers who showed their fashion collection at the Fashion Pakistan Week 2017 opening. He received a cheque of Rs. 500,000 from the Chief Marketing Officer, Aly Mustansir of Bank Alfalah. Through

Bank Alfalah Earns Profit after tax of Rs. 7.9 Billion in 2016!

Bank Alfalah opens a Profit after tax of Rs. 7.9 Billion, for the financial year ended on 31st December, 2016. The bank greatly improved by 5% as the Profit after Tax in December 2015 was Rs. 7.5 Billion. The bank had earnings per share of Rs. 4.96 which in December 2015 were reported to be

Bank Alfalah Awarded AA+/A-1+ Entity Ratings by JCR-VIS!

Bank Alfalah Limited (BAFL) has been awarded initial entity ratings of ‘AA+/A-1+’ (Double A Plus/A-One Plus) by JCR-VIS Credit Rating Company Limited (JCR-VIS), representing outlook of assigned ratings as ‘Stable’. These allocated ratings show the spread-out banking operations, strong risk profile, fit sponsors and current market presence. Bank Alfalah has showed significant improvement in different