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Bank Alfalah Ltd
B.A. Building, I.I. Chundrigar Road
Phone: +92 21111777786p:+92 21111777786 KARACHI, 74000  Pakistan Ticker: BAFLBAFL
Business Summary
Bank Alfalah Limited (the Bank) is a banking company. It operates through seven segments: Retail, Corporate, Islamic, Treasury, Digital, Overseas, and Others. Its Retail segment includes loans, deposits, trade, wealth management and other banking transactions. Its Corporate segment comprises of loans, deposits, project financing, investment banking and other banking activities. Its Islamic segment pertains to full scale Islamic Banking operations of the Bank. Its Treasury segment includes liquidity management activities carried out through borrowing, lending, money market, capital market, FX, and merchant banking operations. Its Digital segment includes branchless banking accounts, deposits and lending products, digital channels, corporate, G2P & SMME portfolio, digital payments, and digital products. Its Overseas segment comprises of business activities related to Bank’s overseas operations. It has a network of approximately 942 branches and 15 sub-branches in the country.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6159 Miscellaneous business credit institutions
6141 Personal credit institutions
6211 Security brokers, dealers, and flotation companies
6221 Commodity contracts brokers and dealers
6282 Investment advice

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board NahayanMabarak Al Nahayan 1/15/2017 1/15/2017
President, Chief Executive Officer, Executive Director Atif AslamBajwa 2/23/2020 10/25/2011
Chief Financial Officer AnjumHai 11/1/2017 11/1/2017
12 additional Officers and Directors records available in full report.

General Information
Number of Employees: 13,320 (As of 12/31/2023)
Outstanding Shares: 1,577,165,119 (As of 12/31/2023)
Shareholders: 11,479
Stock Exchange: PSX
Fax Number: +92 232417006


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Thursday, April 25, 2024