Bank Alfalah Announces Closure of Register for 5th Coupon Payment on TFCs

Karachi: Bank Alfalah Limited has announced the closure of its Transferable Financial Certificates (TFC) register for the determination of the fifth semiannual coupon payment. The register will remain closed from June 6, 2025, to June 20, 2025, inclusive of both dates. This closure is set to ensure that the profit payment is made to certificate holders whose names appear on the register as of the closing date.

The company has specified that any transfers received at its Karachi Registrar and Share Transfer office by the close of business on June 5, 2025, will be considered timely for entitlement to the profit. This announcement is pertinent to holders of the BAFL TFC 8 series, a financial instrument issued by the bank.

Bank Alfalah Limited, which trades in the designated market category on the Pakistan Stock Exchange (PSX), has adhered to standard practices by informing stakeholders of the timeline for the book closure. According to information available from the Pakistan Stock Exchange (PSX), such announcements are crucial for managing investors' expectations and ensuring transparency in financial dealings.

The payment, which occurs semiannually, highlights the bank's commitment to maintaining regular financial operations and fulfilling its obligations to certificate holders. Bank Alfalah's approach aligns with its operational protocols, ensuring that the financial entitlements are processed without interruption.