KARACHI: Bank Alfalah Limited (BAFL) declared record profit-after-tax of Rs5.019 billion, showing a double-digit growth of 45 per cent YoY that translated into an EPS of Rs2.82, compared with Rs1.95 during the same period of the last year, a statement said on Tuesday. The board of directors of the bank revealed BAFL’s financial results for … Read more
KARACHI: The investment in registered prize bonds has surged over 140 per cent by December 31, 2021; following the drive of documentation initiated by the government. According to the official data released by the Central Directorate of National Savings (CDNS), the investment in registered or premium prize bonds sharply increased to Rs54.92 billion by the … Read more
Bank Alfalah to expand earnings Bank Alfalah Limited’s balance-sheet is geared up to expand earnings in rising interest rate scenario, while higher concentration towards zero-cost deposits will restrict the cost of funds at manageable levels. Moreover, the net interest margins (NIMs) expansion is likely to continue in CY22 due to higher portion of shorter duration … Read more
KARACHI: The profit-after-tax of Bank Alfalah Limited (BAFL) has increased 35.8 per cent to Rs14.217 billion, translating into the earnings per share of Rs8 (EPS) for the year ended December 31, 2021, a bourse filing said on Thursday. The BAFL profit was recorded at Rs10.475 billion, translating into the EPS of 5.89 during the previous … Read more
KARACHI: The bearer prize bonds of high denomination will expire by the end of the current month but unregistered securities worth billions of rupees are still in circulation. The government has decided to withdraw the bearer bonds with denominations of Rs7,500, Rs15,000, Rs25,000 and Rs40,000 and set a deadline of December 31, 2021 to exchange … Read more
KARACHI: Bank Alfalah Limited (BAFL) posted profit-after-tax of Rs10.481 billion for the nine months period ended September 2021, compared with Rs8.33 billion, showing a growth of 26 per cent, an announcement made by the bank on Monday said. The bank declared earnings per share of Rs5.9 for the period under review, compared with Rs4.69 EPS … Read more
