Karachi: Bank Alfalah has announced the closure of its register for Term Finance Certificate (TFC) holders in preparation for the 14th coupon payment. The register will remain closed from March 11, 2025, to March 25, 2025, inclusive of both dates, to determine the eligible certificate holders for the semiannual profit payment.

The payment, which is scheduled as part of the bank's routine financial obligations, will be made to those whose names appear on the register as of the book closure date. This administrative action ensures that only the registered holders of the TFCs as of the closing date will be entitled to receive the upcoming 14th coupon payment.

According to information available from the Pakistan Stock Exchange (PSX), transfers received at the office of F.D. Registrar Services (SMC-Pvt) Ltd, located on the 17th floor of Saima Trade Tower, 1.1 Chundrigar Road, Karachi, by the close of business on March 10, 2025, will be considered for entitlement. This cut-off ensures that all administrative and financial processes are managed efficiently and transparently.

In the designated market category, Bank Alfalah continues to adhere to its commitments to TFC holders, maintaining a structured and timely approach to profit payments. The bank's actions reflect its ongoing commitment to meeting its financial obligations to its investors and stakeholders.