Karachi, September 17, 2013: His Excellency Sheikh Muhammad Al Nahayan, Chairman Dhabi Holdings and son of His Highness Sheikh Nahayan bin Mubarak Al Nahayan, inaugurated the 500th branch of Bank Alfalah in Karachi yesterday. The ceremony was attended by Mr. Atif Bajwa, CEO, Bank Alfalah, Mr. David Burlison, Managing Director, Dhabi Holdings, Mr. Ikram-Ul-Majeed Sehgal, Director, Bank Alfalah and senior management of Bank Alfalah.
Speaking on the occasion, His Excellency Sheikh Muhammad Al Nahayan said, “I would like to congratulate the CEO, management and employees of Bank Alfalah on achieving this important milestone. Under Atif’s leadership, the Bank has made outstanding progress and continues to move on a sharp trajectory of growth. I wish to reiterate the Group’s commitment towards the development and prosperity of Pakistan and its great people.”
Bank Alfalah is Pakistan’s sixth largest Bank and now boasts a branch network of 500 branches across 172 cities in Pakistan along with a presence in Bangladesh, Afghanistan, Bahrain and the UAE. It is also the largest acquirer of credit cards in Pakistan and enjoys a strong position in the SME and Islamic Banking segments.
Addressing the audience, the CEO of Bank Alfalah, Atif Bajwa said, “With 500 branches, Bank Alfalah is a strong and serious player in Pakistan’s retail and consumer banking segments, providing customers with a wide range of financial products and services. Going forward, the Bank aims to continue expanding its branch network to provide greater access and convenience to our diverse range of customers.”
Bank Alfalah is a progressive, full service banking institution operating in Pakistan since 1992 with majority shareholding of the Abu Dhabi Group. The Bank has a network presence of 500 branches spanning 172 cities across the country 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. END Additional information may be found at www.bankalfalah.com.