History Of Bank Alfalah
Bank Alfalah Limited is a private Bank in Pakistan his owner is Abu Dhabi Group. Bank Alfalah Limited was launched on June 21, 1997, .Bank Alfalah is a public limited company under the Companies rule 1984. Banking Pk starts its working on November 1 ,1997. The bank introduced commercial banking and related services.
It is defined in the Banking companies rule, 1962. After a few years, Banking Pk introduced its new identity of H.C.E.B after the privatization in 1997. The management of Banking Pk had applied strategies and policies.
So Banking Pk would become a major player in the market. With a partnership with the Abu Dhabi Group, the position of the bank became stronger. This group is allowed Banking Pk to invest more incomplete technology to increase its range of products and services.
Bank Alfalah Limited was incorporated on June 21st, 1992 as a public limited company under the Companies rule 1984. Banking Pk is currently operating through 195 branches in 74 cities, with the registered office at B.A.The building,I.I.Chundrigar, Karachi.Since its opening,
Bank Alfalah Limited was included as a public limited company on June 21, 1992 under the Companies rule 1984.
Its banking start working on November 1, 1997.
The Bank is owned and operated by the Abu Dhabi Group
It is the sixth-largest bank in Pakistan.
The Bank Alfalah does business through 500 branches in more than 170 cities in Pakistan.
The Bank has an international vision in Afghanistan, Bangladesh, Bahrain, and a popular office in the UAE.
The Bank provides business solutions to consumers, corporations, institutions, and governments through a broad range of products and services, including corporate and investment banking, consumer banking and credit, commercial, SME, agri-finance, Islamic and asset financing.
Board of Directors
H.H. Sheikh Hamdan Bin Mubarak Al Nahayan – Chairman
his Highness Sheikh Hamdan Bin Mubarak Al Nahayan is a prominent member of the judgement family of Abu Dhabi in the UAE. He is the Chairman of Bank Alfalah Limited and the Chairman of Alfalah Insurance Company Limited. His responsibilities as part of the UAE Government include being the Minister of the UAE Federal Cabinet, Ministry of Higher Education and Scientific Research. His Highness graduated from the UAE University in Al-Ain with double majors in Economics and Administration.