Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment
Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of intention (PAI) to acquire ...
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Saudi National Bank terminates plan to divest stake in Samba Pakistan – Business & Finance
Saudi National Bank (SNB) has terminated the process for the sale of its equity stake in Samba Pakistan. The development ...
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SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank
The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial platform, ...
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NBP suffers massive Rs9bn loss in Apr-June 2024
National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a massive consolidated loss to the tune ...
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Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June
Faysal Bank declared a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60% ...
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SBP gives go-ahead to Bank Alfalah to conduct due diligence of Samba Bank
The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited to commence due diligence of Samba ...
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SBP gives go-ahead for due diligence of Bank Alfalah Bangladesh to Bank Asia
The State Bank of Pakistan (SBP) has granted in-principle approval to Bank Alfalah Limited (BAFL) to facilitate Bank Asia Limited ...
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