Karachi, February 25, 2016 (PPI-OT): Bank Alfalah and Karandaaz Pakistan recently signed two agreements to collaborate and develop innovative, digital financial solutions in Pakistan. Under the first agreement, Karandaaz Pakistan will provide technical assistance to Bank Alfalah for the development of a digital strategy that will help the bank offer digital financial services to its ...
Read More »Bank Alfalah and Unionpay collaborate to launch Debit Cards in Pakistan
Karachi, February 02, 2016 (PPI-OT): Bank Alfalah and Unionpay International have signed an agreement to issue debit cards in Pakistan. Under this agreement, Bank Alfalah will issue multiple categories of debit cards across different customer segments starting with branchless banking. Unionpay International supports 5 billion credit and debit cards globally, across various customer segments. Utilizing ...
Read More »Bank Alfalah partners with Ria to offer Money Transfer Payout Services in Pakistan
Karachi, November 12, 2015 (PPI-OT): Bank Alfalah and Ria Money Transfer (“Ria”), a global leader in international money transfer and payment services, have partnered to offer money transfer payout services in Pakistan. This partnership allows Ria customers from all over the world to send money to their beneficiaries in Pakistan, with greater convenience for their ...
Read More »Bank Alfalah launches Alfalah Green Mortgage
Karachi, June 11, 2015 (PPI-OT): Bank Alfalah recently launched Alfalah Green Mortgage in collaboration with its panel of solar energy experts, Grace Solar Pakistan™, EBR Energy Pakistan (Pvt.) Limited and JKS (Pvt.) Ltd. A complete solar solution, the Alfalah Green Mortgage is a simple and affordable loan product that allows homeowners to finance a residential ...
Read More »Bank Alfalah partners with Institute of Bankers, Pakistan to develop human capital in Pakistan
Karachi, May 22, 2015 (PPI-OT): Bank Alfalah signed an agreement with the Institute of Bankers, Pakistan (IBP) – one of the leading training institutions for the banking industry in Pakistan – for building capacity of the Bank’s human resources. Under the partnership, key learning initiatives will jointly be launched by IBP and Bank AlFalah. This ...
Read More »Bank Alfalah posts quarterly profit of Rs3.309 billion before tax
Karachi, April 24, 2015 (PPI-OT): Bank Alfalah reported Rs. 3.039 billion as profit before tax for first quarter of 2015, registering an impressive increase of 78 percent as compared to the first quarter of 2014. Profit after tax was recorded at Rs. 1.982 billion in March 2015 as against Rs. 1.128 billion earned in March ...
Read More »Bank Alfalah earns Rs.8.514billion profit before tax
Karachi, March 27, 2015 (PPI-OT): Bank Alfalah delivered strong financial results with profit before taxation of Rs.8.514 billion for the year ended 31 December 2014, as compared to Rs.6.807 billion earned in 2013, registering an increase of 25 percent over the previous year. Earnings per share increased by 20 percent and were reported at Rs. ...
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