Bank Alfalah PakistanIntroduction Of Bank
Bank Alfalah Limited is a private bank inPakistanowned by theAbu Dhabi Group.Bank
Alfalah was incorporated on June 21, 1992 as a public limited company under theCompanies Ordinance 1984. Its banking operations commenced from November 1, 1992.The bank is engaged in commercial banking and related services as defined in theBanking companies ordinance, 1962.
History Of Alfalah Bank
Bank Alfalah Limited was launched on June 21, 1992 as a public limited companyunder the Companies Ordinance 1984. The bank commenced its operations on November1, 1992. The bank introducedcommercial bankingand related services as defined in theBanking companies ordinance, 1962.After a few years, the bank introduced its new identity of H.C.E.B after the privatization in1997. The management of the bank had implemented strategies and policies so the bank would become a major player in the market. With a partnership with the Abu Dhabi Groupthe position of the bank became stronger which allowed the bank to invest more intechnology to increase its range of products and service
The bank is currently operating through more than 400 branches domestically and aninternational presence in Afghanistan, Bangladesh and Bahrain, with the registered officeat B.A.Building, I.I.Chundrigar,Karachi
Prodeucts And Services
Bank Al Falah’s consistent track record of strong performance in Pakistan’s competitive banking sector has made it stand out as one of Pakistan’s leading banks and the flagship
investment of the Abu Dhabi Group in Pakistan. Bank Al Falah distinguished itself through the introduction of innovative financial products including car financing which itintroduced for the first time in Pakistan.