Karachi, Bank Al-Falah Limited informed Pakistan Stock Exchange that the Board of Directors of the Bank in its meeting held on August 25, 2021 has recommended an interim cash dividend at the rate of Rs. 2/- per share i.e. 20% to the shareholders of the Bank for the quarter ended June 30, 2021.
Furthermore, the share transfer books of the company will remain closed from September 15, 2021 to September 21, 2021 (both days inclusive).
Bank Alfalah Limited is a Public Interest Company, was incorporated in Pakistan as a Public Limited Company on June 21, 1992. Bank Alfalah has international presence as well and working in Afghanistan, Bangladesh, Bahrain and the UAE. The Bank also has a representative office in Abu Dhabi. Bank Alfalah is owned and operated by the Abu Dhabi Group.
They provides financial solutions to consumers, corporations, institutions and governments for products and services, including corporate and investment banking, consumer banking and credit, securities brokerage, commercial, SME, agri-finance, Islamic and asset financing solutions.
The symbol “BAFL” is used in respect of the shares of the Bank.
The number of shares the company has introduced are 1,777,165,119. The Earnings per shares has decreased in 2020 and is 5.89 which was 7.15 in 2019. The profit after taxation in 2020 is 10,474,910,000 compare to 12,695,517,000 in 2019.