Published in The Banker Pakistan, December 14th, 2015.
KARACHI: Bank Alfalah on Thursday reported a 17.5 percent increase in net profit to Rs4.353 billion for the period ended June 30, 2016, after accounting for the impact of super tax during the second quarter. The bank’s earnings per share improved to Rs2.73 during the first half of the current calendar year as compared to […]
KARACHI: Bank Alfalah on Monday signed an agreement with the SBP-backed Centre for Excellence in Islamic Finance (CEIF), IMSciences Peshawar, to pace up their efforts for development and promotion of Islamic banking. The move has come in compliance with the State Bank of Pakistan’s directives, said a press release. Telenor sets sights on ads ARENDAL: Norway’s […]
KARACHI: Bank Alfalah earned a net profit of Rs2.4 billion in Jan-Mar, up 24.4% from a year ago. According to its earnings report released on Wednesday, post-provisions net interest income (NII) of Bank Alfalah amounted to Rs6.8 billion, up 12.3% from Jan-Mar 2015. The result was higher than market expectations. According to BMA Capital, the rise […]