Hi,
Pakistans Economy is fluctuating but after local born E-commerce giant Daraz.pk was bought by AliBaba.com now its Bank Alfalah Limited who has recently made its share available for stock exhange trade. Its was incorporated as a public limited company on June 21, 1992. The foundations of the bank are laid under the Companies Ordinance 1984. The banking operations of the company commenced from November 1, 1997. The bank is owned and operated by the Abu Dhabi Group and does business through a network of over 500 branches in more than 170 cities in Pakistan.
The bank also has an international presence in Afghanistan, Bangladesh, Bahrain and a representative office in the UAE. The shares of the bank are quoted on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. The registered office of the company is located in Karachi.Bank Alfalah Limited informed Pakistan Stock Exchange about transaction of shares of the company. 6,500 shares @ Rs. 46.95 per share were sold in the market on January 17, 2018 through CDC.
The announcement is available at:
https://www.psx.com.pk/newsattachment/108739.pdf
The symbol "BAFL" is being used by the stock exchanges for the shares of Bank Al-Falah Limited.
The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing.
Source:- Pakistan Press International, source Asianet-Pakistan
The announcement is available at:
https://www.psx.com.pk/newsattachment/108739.pdf
The symbol "BAFL" is being used by the stock exchanges for the shares of Bank Al-Falah Limited.
The core operations of the bank are providing financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing.
Source:- Pakistan Press International, source Asianet-Pakistan
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