The approval allows Bank Alfalah to issue Term Finance Certificates (TFCs) under Section 66 of the Companies Act, 2017, in compliance with Basel III guidelines. The issuance will be privately placed and may also be listed according to Debt Securities Listing Regulations. The transaction is contingent upon final regulatory approval and the completion of necessary documentation.
BUSINESSPublished 23 Apr 2026 • Published 21h ago
Bank Alfalah Receives SBP Approval to Raise Rs20 Billion Capital
100% NEUTRAL
On April 23, 2026, Bank Alfalah Limited received in-principle approval from the State Bank of Pakistan (SBP) to raise up to Rs20 billion through the issuance of Tier 2 capital. This move aims to strengthen the bank's capital adequacy and support future growth.
Detailed Analysis
SOURCES
7 outlets · 8 articles
TEtechjuice.pk
PRpropakistani.pk
PPprofit.pakistantoday.com.pk
SUsustainabilityreports.com
MEmettisglobal.news