Bank Alfalah Partners with CDA to Launch Pakistan’s First Cashless Model City Initiative
Bank Alfalah has joined forces with the Capital Development Authority (CDA) to implement a cash‑less payment system in Islamabad, marking a milestone in Pakistan’s digital finance landscape.
Bank Alfalah Commits PKR 14.6 Million to Support Breast Cancer Treatment and Awareness Across Pakistan
Bank Alfalah has pledged PKR 14.6 million to support breast cancer patients in partnership with Indus Hospital and Cancer Foundation Hospital, reinforcing its commitment to healthcare, awareness, and social responsibility across Pakistan.
CDA Introduces Cashless One Window System to Drive Islamabad’s Digital Transformation
The Capital Development Authority launches a cashless One Window System in Islamabad, enabling digital payments for civic services and moving the capital closer to becoming Pakistan’s first fully digital and smart city.
PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.
Bank Alfalah Declares 75% Dividend Despite 39% Drop in Profit for 9MFY25
Bank Alfalah Limited reported a 39% drop in profit for the nine months ended September 30, 2025, but declared a 75% cumulative dividend payout. The results reflect margin compression, higher provisioning, and rising costs, yet highlight the bank’s resilience and commitment to rewarding shareholders amid economic challenges.
Sarmed Ijaz appointed as Head of Distribution at DIB Pakistan to drive growth and network expansion
Mr. Sarmed Ijaz, a seasoned banking leader with over two decades of experience, has joined Dubai Islamic Bank Pakistan Limited as Head of Distribution to strengthen its branch network and drive strategic growth across Pakistan.
Bank Alfalah and Syngenta Pakistan launch Franchisee Finance Facility to boost agri-sector and financial inclusion
Bank Alfalah partners with Syngenta Pakistan to introduce a Franchisee Finance Facility aimed at empowering the agri-sector, strengthening financial inclusion, and supporting business growth across Pakistan.
Bank Alfalah and Legal Aid Society Launch “ADAL” Initiative to Empower Communities Through Financial and Legal Literacy
Bank Alfalah and the Legal Aid Society have launched the “ADAL” initiative to promote financial and legal literacy among marginalized communities, empowering 2,000 individuals across Karachi through education, awareness, and pro bono legal support.
Bank Alfalah partners with DMUG to support acquisition of Ranipur Sugar Mills, boosting Pakistan’s sugar and agriculture sector
Bank Alfalah partners with United Deoomal Group to facilitate the acquisition of Ranipur Sugar Mills, reaffirming its commitment to support Pakistan’s sugar and agriculture sectors through long-term financing.
NIBAF holds final examination of IBCC-74 for Bank Alfalah officers in Karachi
NIBAF Pakistan successfully conducted the final examination of the Islamic Banking Certificate Course (IBCC-74) for Bank Alfalah officers, marking the completion of their specialized training in Shariah-compliant banking at the Karachi campus.