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Bank Alfalah information


Bank Alfalah Limited
FormerlyHabib Credit & Exchange Bank Limited
Company typePublic company
Traded as
PSX: BAFL
IndustryBanking
Founded21 June 1997; 26 years ago (1997-06-21)
HeadquartersKarachi, Pakistan
Key people
  • H.H. Sheikh Nahayan Mabarak Al Nahayan (chairman)
  • Atif Aslam Bajwa (CEO)
Products
  • Loans
  • credit cards
  • Debit cards
  • Savings
  • Consumer Banking
RevenueIncrease Rs. 154.134 billion (US$530 million)[1] (2023)
Operating income
Increase Rs. 78.175 billion (US$270 million)[1] (2023)
Net income
Increase Rs. 36.456 billion (US$130 million)[1] (2023)
Total assetsIncrease Rs. 3.346 trillion (US$12 billion)[1] (2023)
Total equityIncrease Rs. 137.923 billion (US$480 million)[1] (2023)
OwnerAbu Dhabi United Group
Number of employees
14,738[1] (2023)
Websitewww.bankalfalah.com

Bank Alfalah Limited, formerly Habib Credit and Exchange Bank, (بینک الفلاح لمیٹڈ) is a Pakistani retail bank that is a subsidiary of the Emirati company Abu Dhabi United Group.[2]

It is one of the largest private banks in Pakistan with a network of more than 890 branches in more than 200 cities across Pakistan with an international presence in Bangladesh, Afghanistan, Bahrain and UAE of 12 branches.[3] The Bank is listed on the Pakistan Stock Exchange.

  1. ^ a b c d e f "Bank Alfalah Annual Report 2023" (PDF). www.bankalfalah.com. Retrieved 26 March 2024.
  2. ^ "Mohsin Tayebaly & Co". mtclaw.com.pk. Archived from the original on 2020-07-26. Retrieved 2020-12-06.
  3. ^ "Bank Alfalah Annual Report 2022" (PDF). Bank Alfalah. 31 December 2022. Retrieved 22 November 2023.

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