{"id":3977,"date":"2024-04-18T08:17:58","date_gmt":"2024-04-18T08:17:58","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=3977"},"modified":"2024-04-19T06:05:41","modified_gmt":"2024-04-19T06:05:41","slug":"bafl-plans-to-sell-bangladesh-operations-to-bank-asia","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/bafl-plans-to-sell-bangladesh-operations-to-bank-asia\/","title":{"rendered":"BAFL plans to sell Bangladesh operations to Bank Asia"},"content":{"rendered":"\n<p>In a notification sent to PSX on 17\/04\/2024, Bank Alfalah (BAFL) has announced selling off its assets and operations in Bangladesh to Bank Asia Limited.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The Board of Directors of Bank Alfalah Limited has accorded its in-principle approval\/acceptance of the non-binding indicative offer received from Bank Asia Limited, Dhaka, Bangladesh (&#8220;Bank Asia&#8221;) to acquire the Bank&#8217;s Bangladesh Operations\/assets and liabilities, subject to compliance with all applicable laws\/regulations and obtaining necessary\/ regulatory approvals. <\/p>\n\n\n\n<p>They will now<strong> seek approval<\/strong> from the State <strong>Bank of Pakistan<\/strong> for Bank Asia to commence due diligence on Bank Alfalah, Bangladesh.<\/p>\n<\/blockquote>\n\n\n\n<p>The shares of BAFL were last trading at <strong>Rs.54.40<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BAFL has announced selling off its assets and operations in Bangladesh to Bank Asia Limited<\/p>\n","protected":false},"author":11,"featured_media":3431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152],"tags":[132],"class_list":["post-3977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-material-information","tag-bafl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/03\/BAFL-Material-Information-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/03\/BAFL-Material-Information-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/03\/BAFL-Material-Information-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/03\/BAFL-Material-Information.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=3977"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/3431"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=3977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=3977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=3977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}