KARACHI: Sheikh Muhammad Al Nahayan, Chairman Dhabi Holdings and son of Sheikh Nahayan bin Mubarak Al Nahayan, inaugurated the 500th branch of Bank Alfalah in Karachi yesterday. The ceremony was attended by Atif Bajwa, CEO, Bank Alfalah, David Burlison, Managing Director, Dhabi Holdings, Ikramul Majeed Sehgal, Director, Bank Alfalah and senior management of Bank Alfalah.
Speaking on the occasion, Sheikh Muhammad Al Nahayan said, “I would like to congratulate the CEO, management and employees of Bank Alfalah on achieving this important milestone. Under Atif’s leadership, the Bank has made outstanding progress and continues to move on a sharp trajectory of growth. I wish to reiterate the Group’s commitment towards the development and prosperity of Pakistan and its great people.”
Bank Alfalah is Pakistan’s sixth largest bank and now boasts a branch network of 500 branches across 172 cities in Pakistan along with a presence in Bangladesh, Afghanistan, Bahrain and the UAE. It is also the largest acquirer of credit cards in Pakistan and enjoys a strong position in the SME and Islamic Banking segments.
Addressing the audience, CEO Atif Bajwa said, “With 500 branches, Bank Alfalah is a strong and serious player in Pakistan’s retail and consumer banking segments, providing customers with a wide range of financial products and services. Going forward, the Bank aims to continue expanding its branch network to provide greater access and convenience to our diverse range of customers.”