Bank Alfalah has announced a significant new allocation to strengthen national recovery efforts in regions impacted by the 2025 floods, confirming an additional USD 5 million commitment to ongoing relief and rehabilitation operations. The newly approved funding, valued at approximately Rs 1.4 billion, reinforces the bank’s long-term approach toward rebuilding climate-affected communities and promoting sustainable recovery mechanisms across the country. With this latest contribution, the institution’s total financial support toward flood-hit communities since 2022 now stands at USD 15 million.
This announcement was made during a press conference, where Atif Bajwa, President and Chief Executive Officer of Bank Alfalah, shared that the additional funds were sanctioned by the bank’s Chairman, His Excellency Sheikh Nahayan bin Mubarak Al Nahayan, along with the Board of Directors. Bajwa emphasized that the commitment reflects Bank Alfalah’s continued resolve to stand alongside vulnerable communities and support long-term climate resilience efforts in Pakistan.
According to the bank’s leadership, the newly allocated funds will be deployed through a structured network of experienced partner non-governmental organizations to ensure targeted and efficient utilization. The rehabilitation strategy is designed to deliver integrated development support in some of the most severely affected regions, including Punjab, Khyber Pakhtunkhwa, and Gilgit-Baltistan. The approach centers on rebuilding critical infrastructure, restoring livelihoods, and strengthening essential public service systems.
The initiative will incorporate a multi-input development model, directing resources toward essential sectors such as housing, healthcare, education, and climate-smart agriculture. The goal is to support both immediate recovery needs and to establish long-term foundations that enhance future climate resilience for at-risk populations. In addition to physical reconstruction, the program aims to help communities regain economic stability and improve their adaptive capacity against extreme weather threats, which have become increasingly frequent across the region.
During the briefing, Bajwa reinforced the bank’s commitment to social responsibility and community-driven development, noting that Bank Alfalah aims to maintain an active role in programs that address environmental vulnerability and humanitarian challenges. He highlighted that the pledge is not merely a financial contribution but part of a broader mission to support Pakistan’s climate resilience landscape and help communities rebuild with greater strength and sustainability.
Since the floods of 2022, Bank Alfalah has played a consistent role in supporting disaster-impacted communities through both direct and partnered initiatives, reflecting a strategy that aligns corporate responsibility with national recovery priorities. With its latest funding announcement, the bank extends its role as a key private-sector participant in Pakistan’s climate rehabilitation and social rebuilding framework.
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