BAFL’s Bangladesh division receives acquisition proposal from Sri Lanka’s HNB

15:15
August 26, 2024

August 26, 2024 (MLN): In connection with the proposed sale of Bank Alfalah Limited (PSX: BAFL), Bangladesh operations, the bank has received a non-binding offer from Hatton National Bank (HNB) of Sri Lanka to acquire the bank's Bangladesh operations.

This non-binding offer is in addition to the non-binding offer already received from Bank Asia Ltd. (Bangladesh).

The Board of Directors of the Bank has accorded its in-principle approval/acceptance of the nonbinding offer received from HNB of Sri Lanka to acquire the Bank's Bangladesh operations/assets and liabilities, subject to compliance with all applicable laws/regulations and obtaining of necessary/ regulatory approvals.

"We will now seek approvals from the central banks of Pakistan and Bangladesh for HNB to commence due diligence on Bank Alfalah, Bangladesh Operations," BAFL informed further in its latest filing on PSX today.

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Posted on: 2024-08-26T15:03:26+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.80000	278.95000	278.95000	278.80000	01:01 PM
2	EUR	1.10880	1.10910	1.10910	1.10880	12:42 PM
3	GBP	1.31340	1.31340	1.31340	1.31340	12:42 PM
4	CHF	0.84271	0.84316	0.84316	0.84271	01:04 PM
5	JPY	142.33000	142.36000	142.36000	142.33000	12:42 PM
6	CAD	1.35760	1.35810	1.35810	1.35760	12:42 PM
7	AUD	0.66680	0.66720	0.66720	0.66680	12:42 PM
8	INR	83.98760	83.98810	83.98810	83.98760	08:00 PM
9	SAR	3.75370	3.75390	3.75390	3.75370	03:24 PM
10	AED	3.67290	3.67310	3.67310	3.67290	04:10 AM
11	HKD	7.79480	7.79550	7.79550	7.79480	12:42 PM
12	CNH	7.09330	7.09530	7.09530	7.09330	11:49 AM
13	CNY	7.08760	7.09000	7.09000	7.08760	08:53 PM
14	THB	33.71900	33.76900	33.76900	33.71900	11:49 AM
15	MYR	4.32800	4.33300	4.33300	4.32800	08:00 PM
16	IDR	15,404.60000	15,512.30000	15,512.30000	15,404.60000	12:37 PM
17	SGD	1.30320	1.30420	1.30420	1.30320	12:42 PM
18	NZD	0.61710	0.61770	0.61770	0.61710	12:40 PM
19	MXN	19.96690	19.99760	19.99760	19.96690	12:42 PM
20	TRY	33.89550	33.89950	33.89950	33.89550	11:49 AM
21	SEK	10.30020	10.30610	10.30610	10.30020	12:42 PM
22	ZAR	17.83700	17.86690	17.86695	17.83703	12:42 PM
23	NOK	10.71420	10.72010	10.72010	10.71420	12:42 PM
24	DKK	6.73120	6.73220	6.73220	6.73120	12:40 PM
25	ARS	954.79500	954.94000	954.93965	954.79544	01:04 PM
26	BDT	118.01300	121.25800	121.25828	118.01343	11:49 AM
27	BHD	0.37690	0.37700	0.37700	0.37690	04:50 AM
28	BRL	5.59660	5.59960	5.59960	5.59660	12:37 PM
29	KRW	1,337.27000	1,340.27000	1,340.27000	1,337.27000	12:37 PM
30	KWD	0.30494	0.30574	0.30574	0.30494	10:25 PM
31	LKR	295.94800	302.25800	302.25788	295.94844	11:49 AM
32	OMR	0.38475	0.38525	0.38525	0.38475	01:57 AM
33	QAR	3.64400	3.64600	3.64600	3.64400	01:59 AM
34	RUB	89.09820	90.90090	90.90090	89.09820	01:04 PM
35	AFN	69.43080	71.23350	71.23349	69.43080	11:49 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:15 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.45000	15.45000	15.25000	08:00 PM
39	UZS	12,691.00000	12,754.10000	12,754.06733	12,690.97300	11:49 AM
40	PHP	55.64000	55.84000	55.84000	55.64000	11:49 AM
42	NGN	1,604.66000	1,605.66000	1,605.66000	1,604.66000	08:00 PM
43	KES	127.55000	130.25400	130.25373	127.54969	11:49 AM
44	AMD	360.71900	414.80000	414.80013	360.71928	11:49 AM
45	TWD	32.02580	32.05580	32.05580	32.02580	12:37 PM
46	XAU	2,496.81000	2,497.98000	2,497.98000	2,496.81000	12:39 PM
47	XAG	27.92920	27.93880	27.93880	27.92920	12:39 PM
48	XPT	921.56700	927.83300	927.83350	921.56650	02:00 AM
49	XPD	910.59400	918.41600	918.41590	910.59400	02:00 AM
2,120	VES	36.63880	36.65900	36.65897	36.63881	01:04 PM
2,212	UGX	3,678.40000	3,759.52000	3,759.52048	3,678.39921	11:49 AM
2,213	TZS	2,678.08000	2,768.22000	2,768.21849	2,678.08374	11:49 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	79,254.25	78,897.726	78,917.29	34.382	0.044	141,866,198.0	6,059,861,812.770	06/09/2024 05:15 PM
ALLSHR	51,007.78	50,814.838	50,796.44	71.829	0.142	742,949,957.0	12,898,233,757.950	06/09/2024 05:15 PM
KSE30	25,102.67	25,007.872	24,996.72	-18.180	-0.073	23,792,766.0	3,539,817,089.490	06/09/2024 05:15 PM
KMI30	126,152.34	125,429.401	125,336.05	-273.987	-0.218	27,665,335.0	3,485,554,831.150	06/09/2024 05:15 PM
KMIALLSHR	35,745.09	35,572.312	35,579.90	34.830	0.098	313,057,501.0	8,856,040,568.180	06/09/2024 05:15 PM
BKTi	19,338.28	19,255.822	19,173.24	45.003	0.234	3,109,642.0	486,400,717.470	06/09/2024 05:15 PM
OGTi	19,272.63	19,192.200	19,158.85	-6.514	-0.034	2,090,736.0	658,069,505.890	06/09/2024 05:15 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	52,980.0	57,270.0	52,820.0	-3,235.00
BRENT CRUDE	EB	71.5	73.5	70.6	-1.22
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	3.00
ROTTERDAM COAL MONTHLY	ET	115.5	115.5	115.5	1.50
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	68.2	70.1	67.2	-0.99
SUGAR #11 WORLD	SB	18.9	19.6	18.8	-0.32