Bank Alfalah Ltd - Company Profile
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Bank Alfalah Ltd (Bank Alfalah) is a provider of banking solutions, asset management, and other financial solutions. It provides a range of accounts and deposits; consumer, SME, and corporate lending; debit and credit cards; trade finance; bancassurance and payroll account services; treasury solutions; commercial services; and e-banking. Bank Alfalah provides investment banking, treasury solutions, leasing, capital market and money market operations, trading, wealth management, and investment services. The bank also offers Islamic banking solutions, discounting, and asset financing. It serves individuals, SMEs, corporates, institutions, and government entities. It has operations in Pakistan, Bangladesh, Afghanistan, and the Middle East. Bank Alfalah is headquartered in Karachi, Pakistan.
Headquarters
Pakistan
Address
B.A. Building, I.I. Chundrigar Road, Karachi, Sindh, 74000
Website
www.bankalfalah.com
Telephone
92 21 111777786
No of Employees
17,388
Industry
Financial Services
Ticker Symbol & Exchange
BAFL (PSX)
Revenue (2024)
$1.4B
-26.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-30.2%
(2024 vs 2023)
Market Cap*
$645.9M
Net Profit Margin (2024)
XYZ
-4.6%
(2024 vs 2023)
* As of and is in US$
Bank Alfalah Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | ATM Services |
| Current | E-banking |
| Savings | Transaction Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In December, the company received a non-binding offer to sell its Afghanistan operations to Ghazanfar Bank. |
| 2025 | New Products/Services | In May, the bank launched Eatsy, a first-of-its-kind, end-to-end digital dining payment solution designed to elevate the restaurant experience for both consumers and merchants. |
| 2026 | Contracts/Agreements | In March, the company signed an agreement to sell its Bangladesh operations to Bank Asia PLC. |
Competitor Comparison
| Key Parameters | Bank Alfalah Ltd | National Bank of Pakistan | Habib Bank Ltd | The Bank of Punjab | Fayasal Bank |
|---|---|---|---|---|---|
| Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | |
| City | Karachi | Karachi | Karachi | Lahore | - |
| State/Province | Sindh | - | Sindh | - | - |
| No. of Employees | 17,388 | 9,052 | 20,756 | 12,924 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H.H. Sheikh Nahayan Mabarak Al Nahayan | Chairman | Executive Board | - | - |
| Atif Aslam Bajwa | Chief Executive Officer; Director; President | Executive Board | - | - |
| Anjum Hai | Chief Financial Officer | Senior Management | 2017 | - |
| Faisal Rabbani | Chief Risk Officer - Credit and Risk Management Group | Senior Management | - | - |
| Mohib Hasan Khan | Chief Information Officer- Information Technology Group | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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