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Pakistan’s Bank Alfalah exits Afghanistan after 20 years

Pakistan’s Bank Alfalah Limited (BAFL) has completed the sale and transfer of its banking operations in Afghanistan to Ghazanfar Bank, marking BAFL’s full exit from Afghanistan after over two decades of banking presence. The development came following regulatory approvals from Pakistan and Afghanistan, BAFL said in a filing to the Pakistan Stock Exchange (PSX) on Friday “We are pleased to inform…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Pakistan’s Bank Alfalah exits Afghanistan after 20 years (opens Business Recorder in a new tab)

    Pakistan’s Bank Alfalah Limited (BAFL) has completed the sale and transfer of its banking operations in Afghanistan to Ghazanfar Bank, marking BAFL’s full exit from Afghanistan after over two decades of banking presence. The development came following…

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