Bank Alfalah confirms acceptance of non-binding offer by Ghazanfar Bank
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Hayyan Mansuri | December 04, 2025 at 01:05 PM GMT+05:00
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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