Karachi, December 17, 2013: His Excellency Sheikh Muhammad Al Nahayan, Chairman Dhabi Holdings and son of His Highness Sheikh Nahayan bin Mubarak Al Nahayan, inaugurated the 555th branch of Bank Alfalah in Karachi. The branch inauguration ceremony was attended by Mr. Atif Bajwa, CEO, Bank Alfalah, Mr. Abdul Jabbar Alsayegh and Mr. David Burlison of the Abu Dhabi Group, and senior management of Bank Alfalah. The Bank today boasts a network of 555 branches and a complete suite of doorstep banking facilities, including mobile banking, internet banking and cash management.
Speaking on the occasion, His Excellency Sheikh Muhammad Al Nahayan said, “The inauguration of the Bank’s 555th branch is yet another step towards achieving our vision of growth, development and prosperity for Pakistan’s financial services sector and reiterating our commitment to the country. On behalf of the Abu Dhabi Group, I wish to congratulate the entire management and express my appreciation for the CEO, Atif Bajwa, in particular, for spearheading this continued success.”
“In a span of just 16 years, the Bank has become the sixth largest player in Pakistan’s financial services industry, the second largest Islamic Bank and the largest issuer and acquirer of credit cards in the country. Looking ahead, with our expanding retail footprint and bespoke financial payment solutions, we hope to build upon this growth trajectory. I also wish to thank the Abu Dhabi Group for their invaluable support and commitment, without which none of this would have been achievable,” said Bank Alfalah’s CEO, Atif Bajwa.
Bank Alfalah is a progressive, full service banking institution with majority shareholding of the Abu Dhabi Group. Outside Pakistan, Bank Alfalah has presence in Bangladesh, Afghanistan, Bahrain and the UAE.
The Bank has a network presence of 555 branches spanning 196 cities with an international presence in Afghanistan, Bangladesh, a wholesale banking unit in Bahrain and a representative office in the UAE. The Bank services more than 1 million corporate, institutional, retail, small business, agricultural, Islamic and asset financing customers.
Additional information may be found at www.bankalfalah.com