Bank Alfalah confirms acceptance of non-binding offer by Ghazanfar Bank

Hayyan Mansuri | December 04, 2025 at 01:05 PM GMT+05:00

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December 04, 2025 (MLN): Bank Alfalah Limited (PSX:BAFL) is moving forward with the potential sale of its Afghanistan operations after receiving a non-binding offer from Ghazanfar Bank, Afghanistan.

In a notice sent to the Pakistan Stock Exchange (PSX), the company disclosed that the deal is subject to Ghazanfar Bank completing satisfactory due diligence, signing definitive agreements, adhering to all applicable laws, and securing necessary regulatory approvals.

The bank will now seek consent from the State Bank of Pakistan and Da Afghanistan Bank to allow Ghazanfar Bank to begin due diligence on its Afghan business.

At the time of writing, BAFL is being traded at Rs104.44, up Rs0.07 (+0.07%).

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