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Press ReleasesPress Releases

Press Releases

2024

Easypaisa and Bank Alfalah Revolutionize International Remittances for Millions of Pakistanis

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Bank Alfalah and Zindagi Trust inaugurated Digital Arts Lab

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Bank Alfalah records an impressive year of growth

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2023

Bank Alfalah Limited partners with J.P. Morgan to launch Inward Remittances in Pakistan

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AlfaMall, Pakistan’s First banking e-commerce marketplace by Bank Alfalah, offers BNPL at 0% mark-up on the World’s Biggest Shopping Day

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Inauguration of Bank Alfalah Branch in Dubai, UAE

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Bank Alfalah records an impressive profit growth

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Bank Alfalah continues its growth momentum

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Bank Alfalah launches #GreenWayForward by planting 15,000 mangrove trees in Collaboration with WWF- Pakistan

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Bank Alfalah disbursed PKR 970 million for flood-impacted communities in the first half of 2023 during phase-2

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Bank Alfalah Welcomes the 9th Batch of Management Trainee Program

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Enhancing Access to Higher Education: Bank Alfalah collaborates with Habib University for ‘Alfalah Scholars Programme’

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Bank Alfalah partners with Aga Khan Foundation to Provide Health Services worth PKR 200 million in Flood-Impacted Areas

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Governor SBP felicitates Bank Alfalah for Redefining Banking with the Inauguration of Pakistan’s First Digital Lifestyle Branch

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Bank Alfalah continues its growth momentum

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Bank Alfalah marks breakthrough with Equity Investment and Embedded Finance Partnership with QistBazaar

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Bank Alfalah aims to enhance financial inclusivity for women in rural areas

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Bank Alfalah introduces QR Payment Solution with SnappRetail

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Bank Alfalah kept its growth trajectory in 2022

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Bank Alfalah disbursed PKR 308 million for flood-impacted communities in 2022

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2022

Bank Alfalah won ‘Best Investor Relations’ award, for the 9th year in a row

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Bank Alfalah honoured with Pakistan’s best digital banking and housing finance award 2022

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Bank Alfalah stays true to its commitment, donates $73,000 for the 73 sixes scored in the T20I series

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Bank Alfalah Kept Up Its Growth Momentum in The Third Quarter

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His Highness Sheikh Nahayan bin Mubarak Al Nahayan, Chairman of Bank Alfalah, pledges US $10m in donations for the flood relief efforts in Pakistan

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Bank Alfalah Welcomes the 8th Batch of Management Trainee Program

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Bank Alfalah Releases Financial Results for HY 2022

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Bank Alfalah, ACE Money Transfer give away SUVs to six remittance senders

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ACE Money Transfer and Bank Alfalah Giving Away SIX Kia Sportage Alpha

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Western Union Rolls Out Services with Bank Alfalah

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Bank Alfalah’s another strong quarter; PAT up by 45%

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Bank Alfalah Partners With Paymob – To Drive Digital Payment Acceptance In Pakistan

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Bank Alfalah and bSecure collaborate to provide Digital Payments Infrastructure to online businesses in Pakistan

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Bank Alfalah and Alchemative collaborate to provide Digital Payments Infrastructure to online businesses in Pakistan

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AlfaMall and Atlas Honda Host Prize Distribution Event to Celebrate Lucrative Collaboration

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Shams Power secures financial closure of PKR 2 billion with Bank Alfalah

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Bank Alfalah delivers solid performance; PAT up by 36% and Equity crosses PKR 100 Billion

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Bank Alfalah and Allied Ecommerce Solutions collaborate to provide Digital Payment Infrastructure

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2021

  • Bank Alfalah delivers solid performance profit up by 26%
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  • Bank Alfalah posted market leading growth in deposits and consumer lending – profit up by 24%
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2020

  • Bank Alfalah introduces PM’s Roshan Digital Account to Dubai Expats
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  • Bank Alfalah continues with prudent provisioning leading to PAT of Rs. 8.3 billion, operating profit up 11.4%
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  • Prudent provisioning due to COVID contained Bank Alfalah’s PAT to Rs. 5.584 billion
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  • Bank Alfalah records profit after tax of Rs. 2.821 billion in the first quarter of 2020
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2019

2018

  • Bank Alfalah Profit before Tax up by 21 pct in First Quarter
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  • Bank Alfalah posts impressive results for the half year, with Profit before tax for the period ended June 30, 2018 reported at Rs. 10.008 Billion
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  • Bank Alfalah and CLSA announce strategic partnership in Pakistan
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2016

  • Bank Alfalah launches digital gift card service “Cardwala”
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  • Bank Alfalah Partners with 1Link Over Six Million Cards to be Accepted on Bank Alfalah’s POS terminals
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  • Bank Alfalah and Unionpay partner to launch debit cards in Pakistan
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  • Alfalah Credit Cardholders to enjoy 25% discount on Careem rides
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2015-2014

  • Bank Alfalah and United Mobile Join Hands to Benefit Customers.
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  • Bank Alfalah and United Mobile Join Hands to Benefit Customers.
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  • Bank Alfalah Announces Rising Talent Award at the Fashion Pakistan Week.
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  • Bank Alfalah Launches ‘Rising Talent Initiative’ at the Lahore Literary Festival.
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  • Bank Alfalah Announces Winner of ‘Rising Talent Award’ at the Aibak Polo Cup.
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  • Bank Alfalah Reports an Earnings Per Share of Rs. 3.47 for the year 2013, with Profit before Tax Reported at Rs. 6.807 Bn.
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  • Bank Alfalah and Muller & Phipps Pakistan to Launch Branchless Banking Services
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  • Bank Alfalah Introduces Futuristic Cards Merchant Acquiring Network
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  • Bank Alfalah and USAID to Provide Access to Credit for Small and Medium Enterprises
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  • Bank Alfalah earns Rs. 8.514 bn profit before tax
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  • Four Designers Vie for Bank Alfalah’s Rising Talent Award at Fashion Pakistan Week
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  • Bank Alfalah partners with IBP to develop human capital in Pakistan
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  • Bank Alfalah launches Alfalah Green Mortgage
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  • Bank Alfalah brings MasterCard Internet Gateway System to Pakistan
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  • Bank Alfalah pays tribute to Pakistan’s Olympic Boxing Medalist, Hussain Shah
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  • Bank Alfalah announces solid half yearly financial results with Profit before Provisions and Taxation at Rs. 7.787 Billion
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  • Bank Alfalah earns Profit before Taxation of Rs. 10.283 Billion at the end of third quarter 2015
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  • Bank Alfalah Partners with Ria to offer Money Transfer Payout Services in Pakistan
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  • Bank Alfalah earns Profit before Taxation of Rs. 10.283 Billion at the end of third quarter 2015
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2013

  • Bank Alfalah posts Profit before Tax (PBT) of Rs 1.527 billion in First Quarter of 2013
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  • Bank Alfalah Inaugurates its 555th Branch
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  • Bank Alfalah Announces Profit after Tax of Rs. 3.318 Bn for the Nine Month Period September 2013
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  • H.E. Sheikh Muhammad Al Nahayan inaugurates 500th branch of Bank Alfalah
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2012

  • Bank Alfalah Limited posts a profit before provision and taxation of Rs. 9.7575 billion in 2011.
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  • Bank Alfalah further strengthens its money transfer services, signs-up with MoneyGram for AgentConnect
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  • IFC to design new SME Banking Business Model for Bank Alfalah – Bank’s service capabilities will strengthen significantly
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  • Bank Alfalah celebrates independence day with immense fervor; Bank maintained historical monuments lit up in national colours.
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  • Bank Alfalah to launch first student ISIC co-branded debit card in Pakistan
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  • Standard Chartered Bank Launches First Islamic Euro Nostro Account – Bank Alfalah is the first bank to sign up for this product
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  • Bank Alfalah Reports Impressive Growth in Third Quarter Earnings
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  • Bank Alfalah Supports KSBL by Donating Rs 100 Million over 2012-2015
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  • Healthcare Centre Opens in Baluchistan Through Support by Employees of the Abu Dhabi Group’s Member Companies
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  • Bank Alfalah Supports the IBA by Donating Rs 33 Million
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