In a notification sent to PSX on 17/05/2024, Bank Alfalah Limited (BAFL) announced that It got the green light from SBP to sell Bangladesh operations to Bank Asia.
We are pleased to inform you that the State Bank of Pakistan has granted in-principle approval to Bank Alfalah Limited (“BAFL”) to facilitate Bank Asia Limited (“Bank Asia”) in conducting the due diligence of BAFL’s operations in Bangladesh, in view of the prospective sale of 100% of the assets and liabilities attributable to BAFL’s Bangladesh operations to Bank Asia (the “Proposed Transaction”). The consummation of the Proposed Transaction is subject to detailed due diligence, execution of transaction documents and receipt of regulatory and third-party approvals and consents.
BAFL shares were last trading at Rs.62.00 today.
AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…
When a dividend is paid, the share price drops by approximately the same amount because…
On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…
How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…