Direct Online Remittance to Pakistan Terms and Conditions

Total Page：16

File Type：pdf, Size：1020Kb

everything is possible Direct online remittance to Pakistan Terms and conditions 1. This oer is available only for PKR transfers to Pakistan. 2. This oer is applicable only for PKR transfers completed through Commercial banks Internet banking or Mobile banking app. Two modes of payment delivery: IBFT (Inter-bank Funds Transfer) – Integrated with Habib bank a) Credit within 60 seconds to Habib bank accounts b) Service available 24 X 7 c) Credit within 20 minutes to IBFT linked banks ( list below) d) Service type : Account transfer e) Maximum transfer limit of PKR 500,000 to IBFT linked banks f) Account Transfer fees QAR 15 g) No Correspondent bank charges SWIFT: a) All transfers to Non - IBFT linked banks will be processed vis Swift delivery mode b) In case of technical failure in IBFT listed banks, the transfer will be routed via RTGS / Swift mode. c) Transfer amount above PKR 500,000 will be processed vis Swift delivery mode d) Correspondent bank charges apply 3. The oer is subject to aliation to the partner bank. The list below* speciﬁes the banks partnered with The Commercial Bank for direct remittance. 4. The Commercial Bank reserves the right to amend the rules and regulations of this oer or withdraw it at any time with notice. 5. The fee and correspondent bank charges are subject to change at any time with customer notice 6. The Commercial Bank online daily transfer limit applies. 7. All other banks terms and conditions apply. cbq.qa everything is possible Bank List Sr. No Bank Name Swift Code 1 Habib Bank Limited HABBPKKA 2 Allied Bank Limited ABPAPKKA 3 Albaraka Bank( Pakistan) Limited AIINPKKA 4 Bank Alfalah Limited ALFHPKKA 5 Askaribank Limited ASCMPKKA 6 Bank Al Habib Limited BAHLPKKA 7 Barclays Bank PLC BARCPKKA 8 Bankislami Pakistan Limited BKIPPKKA 9 Bank of Punjab,The BPUNPKKA 10 Burj Bank Limited BURJPKKA 11 Citibank N.A CITIPKKX 12 Deutsche Bank AG, Karachi Branch DEUTPKKA 13 Dubai Islamic Bank Pakistan Limited DUIBPKKA 14 Faysal Bank Limited FAYSPKKA 15 First Women Bank Limited FWOMPKKA 16 JS Bank Limited JSBLPKKA 17 Bank of Khyber, The KHYBPKKA 18 Meezan Bank Limited MEZNPKKA 19 Habib Metropolitan Bank Limited MPBLPKKA 20 MCB Bank Limited MUCBPKKA 21 National Bank of Pakistan NBPAPKKA 22 NIB Bank Limited NIBPPKKA 23 Samba Bank Limited SAMBPKKA 24 Silkbank Limited SAUDPKKA 25 Standard Chartered Bank ( Pakistan) Limited SCBLPKKX 26 Sindh Bank Limited SINDPKKA 27 Soneri BankLimited SONEPKKA 28 Summit Bank Limited SUMBPKKA 29 Industrial and Commercial bank of China, Karachi Branch ICBKPKKA 30 United Bank Limited UNILPKKA cbq.qa.

Copy Link

Recommended publications

(Winner)MCB Bank Limited Best Bank of the Year 2017 – Mid Size Banks
Banking: Best Bank of the year 2017 – Large Size Banks (Winner)MCB Bank Limited Best Bank of the year 2017 – Mid Size Banks (Winner) Bank Al Habib Limited Best Bank of the year 2017 – Small Size Banks Industrial and Commercial Bank of China (Winner) Limited Best Islamic Window of the year 2017 (Winner) Habib Bank Limited Best Islamic Bank of the year 2017 (Winner) Meezan Bank Limited Corporate Finance: Transaction of the year 2017 (Winner) Habib Bank Limited for Dasu Hydropower Project Best Corporate Finance House of the year (Fixed Income) 2017 United Bank Limited (Winner) Best Corporate Finance House of the year (Fixed Income) 2017Habib Bank Limited (Runner-up) Best Corporate Finance House of the year (Equity & Advisory) - Banks Bank Alfalah Limited 2017 (Winner) Best Corporate Finance House of the year (Equity & Advisory) - Banks United Bank Limited 2017 (Runner-up) Best Corporate Finance House of the year (Equity & Advisory) – Arif Habib Limited Security Firms 2017 (Winner) Best Corporate Finance House of the year (Equity & Advisory) – AKD Securities Limited Security Firms 2017 (Runner-up) Investor Relations: Best Investor Relations – Listed Companies 2017 (Winner) Bank Alfalah Limited Best Investor Relations – Listed Companies 2017 (Runner-up) Engro Fertilizers Limited Women in Finance Initiative: Gender Diversity at Workplace Award 2017 (Winner) Unilever Pakistan Limited Recognizing Gender Diversity Award – Special Recognition: Local National Foods Limited Industry 2017 (Winner) Recognizing Gender Diversity Award – Special Recognition:
[Show full text]
The Role and Impact of Merger & Acquisition of Banking
Financial Markets, Institutions and Risks, Volume 3, Issue 3, 2019 ISSN (online) – 2521-1242 ISSN (print) – 2521-1250 The Role and Impact of Merger & Acquisition of Banking Sector in Pakistan Kishwar Ali School of Finance, Zhongnan University of Economics & Law, Wuhan, China Atta Ullah School of management, Huazhong University of Science and Technology, Wuhan China Abstract The paper summarizes the arguments and counterarguments in the scientific discussion on determining the effects of mergers and acquisitions for banking institutions. The purpose of this article is to conduct an empirical study to identify the nature of the impact of mergers and acquisitions on Pakistan's financial sector performance. The research in the article is carried out in the following logical sequence: a thorough literature review on the analysis of key aspects of mergers and acquisitions and their impact on the financial and economic performance of banks before and after their practical implementation; the historical basis of the experience of mergers and acquisitions caused by various economic factors, such as: GDP growth, interest rates on loans, monetary policy; financial analysis of bank profitability, solvency and liquidity indicators before and after the merger and acquisition was conducted. Five commercial banks of Pakistan that were involved in the merger and acquisition processes were selected as the subject of study. The study period is presented before and after the merger and includes two years before the acquisition report and two years after the acquisition announcement by analysis of financial ratios of liquidity, solvency and profitability. The results of empirical and theoretical research have shown that there is a positive relationship between merger and acquisition processes and liquidity ratios of banking institutions; and - the negative impact of such processes on banks' profitability and solvency in the short term.
[Show full text]
Consortium Contact Detail (Lahore).Xlsx
Bank Name Bank of Punjab ‐ Taqwa Islamic Banking Bank Name Meezan Bank 1st Contact person detail 1st Contact person detail Name Ghulam Mustafa Name Muhammad Ehtisham Contact number 0300‐6980309 Contact number 0304‐0920521 / 0345‐4511110 e‐mail address [email protected] e‐mail address [email protected] BOP, 7th floor, big city plaza, liberty Address roundabout opposite monal restaurant, Address 60‐Main boulevard gulberg Lahore main boulevard gulberg Lahore 2nd Contact person detail 2nd Contact person detail Name Abdul Rasheed Name Tassawar Hussain Contact number 0322‐4662808 Contact number 0304‐0920597 / 0345‐4548548 e‐mail address [email protected] e‐mail address [email protected] BOP, 7th floor, Big City Plaza, Liberty Address Roundabout Opposite Monal Restaurant, Address 60‐Main Boulevard Gulberg Lahore Main Boulevard Gulberg III Lahore Bank Name Faysal Bank limited Bank Name National Bank limited 1st Contact person detail 1st Contact person detail Name Syed Mazhar Arslan Name Mr. Farhan Ashraf Contact number 0321‐9449778 Contact number 042‐99268193 / 0321‐4998908 e‐mail address [email protected] e‐mail address [email protected] Faysal Bank, 1‐C, Sikandar Malhi Road, Address Address NBP, 69‐B, Main Boulevard, Gulberg II, Lahore. Canal Park, Gulberg II, Lahore 2nd Contact person detail 2nd Contact person detail Name Fahad Ali Name Mr. Muhammad Ashraf Contact number 0334‐4108658 Contact number 042‐99268428 / 0333‐4786078 e‐mail address [email protected] e‐mail address [email protected] Faysal Bank, 1‐C, Sikandar Malhi Road, NBP, Mezzanine Floor, Pace Tower, 27‐H, College Address Address Canal Park, Gulberg II, Lahore Road, Gulberg II, Lahore.
[Show full text]
Prospectus, Especially the Risk Factors Given at Para 4.11 of This Prospectus Before Making Any Investment Decision
ADVICE FOR INVESTORS INVESTORS ARE STRONGLY ADVISED IN THEIR OWN INTEREST TO CAREFULLY READ THE CONTENTS OF THIS PROSPECTUS, ESPECIALLY THE RISK FACTORS GIVEN AT PARA 4.11 OF THIS PROSPECTUS BEFORE MAKING ANY INVESTMENT DECISION. SUBMISSION OF FALSE AND FICTITIOUS APPLICATIONS ARE PROHIBITED AND SUCH APPLICATIONS’ MONEY MAY BE FORFEITED UNDER SECTION 87(8) OF THE SECURITIES ACT, 2015. SONERI BANK LIMITED PROSPECTUS THE ISSUE SIZE OF FULLY PAID UP, RATED, LISTED, PERPETUAL, UNSECURED, SUBORDINATED, NON-CUMULATIVE AND CONTINGENT CONVERTIBLE DEBT INSTRUMENTS IN THE NATURE OF TERM FINANCE CERTIFICATES (“TFCS”) IS PKR 4,000 MILLION, OUT OF WHICH TFCS OF PKR 3,600 MILLION (90% OF ISSUE SIZE) ARE ISSUED TO THE PRE-IPO INVESTORS AND PKR 400 MILLION (10% OF ISSUE SIZE) ARE BEING OFFERED TO THE GENERAL PUBLIC BY WAY OF INITIAL PUBLIC OFFER THROUGH THIS PROSPECTUS RATE OF RETURN: PERPETUAL INSTRUMENT @ 6 MONTH KIBOR* (ASK SIDE) PLUS 2.00% P.A INSTRUMENT RATING: A (SINGLE A) BY THE PAKISTAN CREDIT RATING COMPANY LIMITED LONG TERM ENTITY RATING: “AA-” (DOUBLE A MINUS) SHORT TERM ENTITY RATING: “A1+” (A ONE PLUS) BY THE PAKISTAN CREDIT RATING AGENCY LIMITED AS PER PSX’S LISTING OF COMPANIES AND SECURITIES REGULATIONS, THE DRAFT PROSPECTUS WAS PLACED ON PSX’S WEBSITE, FOR SEEKING PUBLIC COMMENTS, FOR SEVEN (7) WORKING DAYS STARTING FROM OCTOBER 18, 2018 TO OCTOBER 26, 2018. NO COMMENTS HAVE BEEN RECEIVED ON THE DRAFT PROSPECTUS. DATE OF PUBLIC SUBSCRIPTION: FROM DECEMBER 5, 2018 TO DECEMBER 6, 2018 (FROM: 9:00 AM TO 5:00 PM) (BOTH DAYS INCLUSIVE) CONSULTANT TO THE ISSUE BANKERS TO THE ISSUE (RETAIL PORTION) Allied Bank Limited Askari Bank Limited Bank Alfalah Limited** Bank Al Habib Limited Faysal Bank Limited Habib Metropolitan Bank Limited JS Bank Limited MCB Bank Limited Silk Bank Limited Soneri Bank Limited United Bank Limited** **In order to facilitate investors, United Bank Limited (“UBL”) and Bank Alfalah Limited (“BAFL”) are providing the facility of electronic submission of application (e‐IPO) to their account holders.
[Show full text]
COMPARATIVE ANALYSIS of FINANCIAL PERFORMANCE and GROWTH of CONVENTIONAL and ISLAMIC BANKS of PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar
COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE AND GROWTH OF CONVENTIONAL AND ISLAMIC BANKS OF PAKISTAN Ishtiaq Khan, Sarhad University of Science & IT, Peshawar. Email: [email protected] Wali Rahman, Associate Professor, Sarhad University of Science & IT, Peshawar. Email: [email protected] Saeedullah Jan, Khushal Khan Khattak University, Karak. Email: [email protected] Mustaq Khan, Abasyn University of Science & IT, Peshawar Email: [email protected] Abstract. Various types of the banking system are operating in the world. The most commons are conventional and Islamic. Customers evaluate these systems before they decide in invest. The prime aim of this study is to assess and compare the financial performance and growth of conventional and Islamic banks operating in Pakistan. Banks offer different types of products and services for the satisfaction of customers for their financial needs. Conventional banking is based on interest while Islamic banking offers interest-free banking. To compare their respective performance financial ratios are applied. In Pakistan, Habib Bank Limited and Allied Bank Limited are typical examples of the conventional banking whereas Dubai Islamic Bank Limited and Meezan Bank Limited are operating as Islamic banking. Three (03) years data were obtained from the “Financial Statement Analysis of Financial Sector of Pakistan 2009-2011” State Bank of Pakistan publication. The analyses reflect that the liquidity ratio of Islamic banks appeared higher as compared to conventional banks, whereas the profitability and solvency ratios of conventional banks were comparatively higher than Islamic banks. Debt to asset ratio of Islamic banks seemed better than conventional banks due to low debt financing. Also, with regard to expansion, the growth rate of Islamic banks in Pakistan is comparatively higher than conventional banks.
[Show full text]
IBFT- Account Number Formats
IBFT- Account Number Formats Allied Bank Please enter Allied Bank Account Number by following the layout below: Total Digits of Account Number: 13 or 20 Digits Format Example: BBBBAAAAAAAAA or BBBBAAAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 9 Digit Account Number, AAAAAAAAAAAAAAAA = 16 Digit Account Number Apna Microfinance Bank Please enter Apna Microfinance Bank Account Number by following the layout below: Total Digits of Account Number: 16 Digits Format Example: BBBBAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAA = 12 Digits Askari Bank Please enter Askari Bank Account Number by following the layout below: Total Digits of Bank Account Number: 14 Digits Format Example: BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Branchless Banking Account # Always consist of 11 digits Mobile Number. Al-Baraka Please enter Bank Al-Baraka total digits of account Number: Total Digits of Account Number: 13 Digits Bank Alfalah Please enter Bank Alfalah Account Number by following the layout below: Conventional A/C#: Total Digits of Account Number: 14 Format Example: BBBBAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAA = 10 Digit Account Number Islamic A/C#: Total Digits of Account Number: 18 Digit Format Example: BBBBAAAAAAAAAAAAAA BBBB = 4 Digit Branch Code, AAAAAAAAAAAAAA = 14 Digit Account Number Branchless Banking Account # : Always consist of 11 digits Mobile Number. Bank Al-Habib Please enter Bank Al-Habib Account Number by following the layout below: Total Digits of Account Number: 17 Digit Format
[Show full text]
Standard Settlement Instructions
Treasury & Financial Institutions Group STANDARD SETTLEMENT INSTRUCTIONS BANK ALFALAH LTD. - PAKISTAN CONVENTIONAL BANKING S. No. CURRENCY BANK / COUNTRY ACCOUNT NO. SWIFT CODE 1. ACU Dollar Bank Alfalah Limited 0701-32029040 ALFHBDDH 2. ACU Dollar Habib Bank Limited 2624032800618 HABBBDDH 3. ACU Dollar Union Bank of India 01003 UBININBB 4. ACU Dollar ICICI Bank Ltd. 000408000491 ICICINBB 5. ACU Dollar Hatton National Bank Ltd., 054010065847 HBLILKLX Mashreqbank PSC, 6. ACU Dollar Mumbai, India 61050949 MSHQINBB 7. ACU Euro Hatton National Bank Ltd 54010066822 HBLILKLX 8. ACU Euro MashreqBank PSC, Mumbai 61049703 MSHQINBB Bank Alfalah Limited 9. ACU Euro Bangladesh, Dhaka 0701-01660001 ALFHBDDH 10. AUD Westpac Banking Corporation ALF0001976 WPACAU2S 11. Canadian Dollar Bank of Montreal Account Number: 31691056928 BOFMCAM2 CNY (Chinese Yuan) Standard Chartered Bank 12. RMB (Renminbi) (China) Limited, Account Number:501510476874 SCBLCNSXSHA 3996019616 13. Danish Krone Danske Bank DK7230003996019616 DABADKKK IBAN: DE24 5004 0000 0880 7182 01; 14. Euro Commerzbank, A.G. Account Number: 400880718201 COBADEFF IBAN: AT79 1100 0010 1161 8400; 15. Euro Unicredit Bank Austria AG Account Number: 01011618400 BKAUATWW Account Number: 1149245009; IBAN: 16. Euro National Bank of Pakistan DE27 501 30000 1149245001 NBPADEFF Account Number: 100100004291; IBAN: 17. Euro Intesa Sanpaolo SpA IT05Z0306940101100100004291 BCITITMM 18. Euro SCB, Frankfurt 018080105 SCBLDEFX 19. Japanese Yen National Bank of Pakistan 21063 NBPAJPJT 20. Pound National Westminster Bank IBAN: GB84NWBK60000404625528; Sort Sterling plc Code: 60-00-04 NWBKGB2L Pound 01707999001 21. Sterling Standard Chartered Bank IBAN: GB87 SCBL 6091 0417 0799 90 SCBLGB2L Alawwal Bank ( Formerly 31002231021 22. Saudi Riyal Saudi Hollandi Bank) IBAN # SA2150000000031002231021 AAALSARI 23. Saudi Riyal Banque Saudi Fransi IBAN # SA5655000000000705900137 BFSRSARI Singapore 24.
[Show full text]
SOC-Islamic-Jan-June-2021.Pdf
SHARIAH CERTIFICATE Faysal Bank Limited - Islamic Banking, Schedule of Charges (SOC) for the period of January 01, 2021 - June 30, 2021. has been reviewed and found to be in compliance with Shariah principles. And Allah knows the Best. Regards Mufti Muhammad Abdullah Mufti Mohib Ul Haq Siddiqui Resident Shariah Board Member Chairman Shariah Board www.faysalbank.com/en/islamic 1 Content S. No. Description Page Trade Services 1 Imports 4 2 Exports 12 3 Inland Letter of Credit 13 4 Guarantees 18 5 Miscellaneous 18 General Banking 1 Deposit of Drafts & Cheques 19 Issuance/Cancellation of Demand Draft 2 19 (LCY&FCY) & Pay Order Remittances and Collection of Cheques 3 20 (LCY & FCY) 4 Clearing (Outward) 21 5 Cheque Return Charges 21 6 Cheques / Cheque Books 21 7 Standing Instructions Fee 21 8 Faysal Islamic Basic Banking Account 22 Charges for Not Maintaining Minimum Monthly 9 22 Average Balance Minimum monthly average balance of Faysal 10 22 Islamic Banking Accounts Profit Payment Frequencies of Faysal Islamic 11 23 Banking Accounts Minimum Average balance requirement for profit 12 24 payment 13 Article in Safe Deposit Fee 24 14 Safe Deposit Lockers 25 15 Miscellaneous 25 16 Faysal Islamic-Barkat Investment Certificate (BIC) 26 Premature Encashment of Faysal Islamic - Barkat 17 29 Investment Certificates (LCY & FCY) 18 Premature Encashment Illustrations 30 19 Communication Tariff 32 20 Faysal Islamic Rehmat Business Account 33 21 Roshan Digital Account 35 Cash Management Services 1 Electronic Channels 38 2 www.faysalbank.com/en/islamic Content
[Show full text]
CRF-Asaan-Eng-Min.Pdf
General Terms Governing the Opening and Operation of Account(s) Ver: T&C 3.2.01.17 These terms and conditions are consistent with Code of Banking practices, issued vide CPD Circular no. 2 of 2015 Definitions and abbreviations: In these terms and conditions, following are the definitions of certain words and abbreviations used: “1 Link”: 1Link (Guarantee) Limited, a consortium of major Banks that owns and operates the shared financial services network in Pakistan through which CARDHOLDER may use his / her CARD. “M-Net”: Another shared financial services network in Pakistan through which CARDHOLDER may use his / her CARD. “ACCOUNT”: Means a Rupee Bank Account maintained by a Customer with the Bank. All references that refer to singular shall be deemed to include plural. “ACCOUNT HOLDER”: Means a person(s) who maintain(s) one Asaan Account with the Bank. “ACCOUNT INFORMATION”: Means information pertaining to the Account(s) maintained by the Customer with the Bank. “ALTERNATE CHANNEL”: Means Customer touch point other than BRANCH, including but not limited to ATM, Mobile, Internet, POS, Call Center, Phone Banking etc through which transactions/instructions/or requests can be performed or taken. “ATM”: Means Automated Teller Machine installed and operated by the Bank in Pakistan and / or abroad and / or Automated Teller Machines of Banks participating in the Linked Network and / or the Automated Teller Machines of Banks or financial institutions in Pakistan and / or abroad where card is accepted. “Bank”: refers to Faysal Bank Limited. “Branch”: An office of Faysal Bank authorized to conduct Customer banking transactions. “BENEFICIARY”: Means the recipient of funds or other services as prescribed by the sender of funds, who may also be the ACCOUNT HOLDER.
[Show full text]
Bank Al Habib Branches Pdf
Bank al habib branches pdf Continue Plot #21, Gulzar Camera, Ware House, West Wharf, Karachi For other banks with similar names, see Habib Bank (disambiguation). This article may place undue reliance on sources too closely related to the subject, potentially preventing the article from being verifiable and neutral. Please help improve it by replacing them with more appropriate quotes in reliable, independent, third-party sources. (August 2020) (Learn how and when to delete this template message) This article is largely or completely dependent on a single source. The relevant discussion can be found on the conversation page. Please help improve this article by typing links to additional sources. Find sources: Al Habib Bank - News newspaper book scientist JSTOR (August 2020)Bank AL HabibTypePublicPSX: BAHLIndustryBanking,Capital Markets,Investment BankingFounded191FonderHamid D. HabibKhkvartersCaraci, PakistanNumber locations800 (2020)Key peopleAbbas D. Habib (Chairman)ProductsLoans, credit cards, savings, consumer bankingRevenuePKR 34.56 billion (2020) - total assets of PKR 1.36 trillion (2020) It is based in Karachi, Pakistan. Al Habib Bank plans to add another 200 branches by the end of 2020. Al Habib Bank has wholesale branches in Bahrain, Seychelles and Malaysia, as well as offices in the UAE, Istanbul, Beijing and Kenya. As of August 2020, the bank's assets have grown to 1.36 trillion rubles. Al Habib Bank decided to purchase a high-rise building in Karachi from TPL Properties, Centrepoint. The Habib Group's involvement in banking services dates back to the 1930s. Habib's original bank started modestly in Bombay in 1941, when he began fixed capital operations of 25,000 rupees.
[Show full text]
Snapshot of Results of Banks in Pakistan Snapshot of Results of Banks in Pakistan Six Months Period Ended 30 June 2016
KPMG Taseer Hadi & Co. Chartered Accountants Snapshot of results of Banks in Pakistan Snapshot of results of banks in Pakistan Six months period ended 30 June 2016 This snapshot has been prepared by KPMG Taseer Hadi & Co. and summarizes the performance of selected banks in Pakistan for the 6 months period ended 30 June 2016. The information contained in this snapshot has been obtained from the published consolidated financial statements of the banks and where consolidated financial statements were not available, standalone financials have been used. Reference should be made to the published financial statements of the banks to enhance the understanding of ratios and analysis of performance of a particular bank. We have tried to provide relevant financial analysis of the banks which we thought would be useful for benchmarking and comparison. However, we welcome any comments, which would facilitate in improving the contents of this document. The comments may be sent on [email protected] Dated: 23 September 2016 Karachi © 2016 KPMG Taseer Hadi & Co., a Partnership firm registered in Pakistan and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 2 Document Classification: KPMG Public HBL NBP UBL MCB ABL BAF 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 2016 2015 Ranking By total assets 1 1 2 2 3 3 4 4 5 5 6 6 By net assets 1 1 2 2 3 3 4 4 5 5 7 7 By profit before tax 1 1 4 4 2 3 3 2 5 5 7 8 Profit before tax * 28,298
[Show full text]
Bank Alfalah Limited SHELF PROSPECTUS for THE
ADVICE FOR INVESTORS INVESTORS ARE STRONGLY ADVISED IN THEIR OWN INTEREST TO CAREFULLY READ THE CONTENTS OF THIS PROSPECTUS ESPECIALLY THE RISK FACTORS GIVEN AT PART 6 OF THIS PROSPECTUS BEFORE MAKING ANY INVESTMENT DECISION. SUBMISSION OF FALSE AND FICTITIOUS APPLICATIONS IS PROHIBITED AND SUCH APPLICANT’S MONEY MAY BE FORFEITED UNDER SECTION 87(8) OF THE SECURITIES ACT, 2015 Bank Alfalah Limited SHELF PROSPECTUS FOR THE ISSUANCE OF RATED, SECURED, LISTED, REDEEMABLE TERM FINANCE CERTIFICATES OF PKR 50,000 MILLION (Under shelf registration over a period of 3-years) Date and Place of Incorporation: Karachi, June 21st, 1992, Incorporation Number: 0027580, Registered and Corporate Office: B.A. Building, I.I Chundrigar Road, Karachi, Contact Person: Muhammad Zeeshan, Contact Number: +92 21 3312 2126, Website: https://www.bankalfalah.com/, Email: [email protected] Type of Issue and Total Approved Issue Size: The Issue consists of Rated, Secured, Listed, Redeemable Term Finance Certificates (TFCs) having a Total Approved Issue Size of up to PKR 50,000 million. Time Period of Shelf Registration: The TFCs shall be issued in multiple tranches over a period of three (3) years from the date of publication of this prospectus. Size of Current Tranche Series A: Issue Size of Current Tranche Series A is PKR 11,000 million (inclusive of Green Shoe Option of PKR 1,000 million), out of which TFCs of PKR 9,000 million (82% of Issue Size) have been issued to and subscribed by Pre-IPO investors and TFCs of PKR 2,000 million (18% of Issue Size), inclusive of a Green Shoe Option of PKR 1,000 million, are being offered to the general public by way of an Initial Public Offering through this Shelf Prospectus.
[Show full text]