{"id":5186,"date":"2024-05-17T15:57:35","date_gmt":"2024-05-17T10:57:35","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5186"},"modified":"2024-05-17T15:57:39","modified_gmt":"2024-05-17T10:57:39","slug":"bafl-gets-sbp-approval-to-sell-bangladesh-operations","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/bafl-gets-sbp-approval-to-sell-bangladesh-operations\/","title":{"rendered":"BAFL gets SBP approval to sell Bangladesh operations"},"content":{"rendered":"\n<p>In a notification sent to PSX on 17\/05\/2024, <a href=\"https:\/\/ksestocks.com\/blog\/tag\/bafl\/\" target=\"_blank\" rel=\"noopener\" title=\"BAFL\">Bank Alfalah Limited (BAFL)<\/a> announced that It got the green light from SBP to sell Bangladesh operations to Bank Asia.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>We are pleased to inform you that the State Bank of Pakistan has granted in-principle approval to Bank Alfalah Limited (\u201cBAFL\u201d) to facilitate Bank Asia Limited (\u201cBank Asia\u201d) in conducting the due diligence of BAFL\u2019s operations in Bangladesh, in view of the prospective sale of<strong> 100%<\/strong> of the assets and liabilities attributable to BAFL\u2019s Bangladesh operations to Bank Asia (the \u201cProposed Transaction\u201d). 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.<\/p>\n<\/blockquote>\n\n\n\n<p><a href=\"https:\/\/ksestocks.com\/blog\/tag\/bafl\/\" target=\"_blank\" rel=\"noopener\" title=\"BAFL\">BAFL<\/a> shares were last trading at <strong>Rs.62.00<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State Bank of Pakistan has granted in-principle approval to Bank Alfalah Limited (\u201cBAFL\u201d) to facilitate 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-5186","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\/5186","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=5186"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5186\/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=5186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}