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Flagship entity of Abu Dhabi Group in Pakistan
Incorporate on June 21, 1992 as Habib Credit & Exchange Bank Limited, a wholly owned subsidiary of Habib Bank Limited.
Following the privatization in 1997, the bank was taken over by the Abu Dhabi Consortium led by his Highness, Sheikh Nahayan Mabarak Al Nahayan
Later renamed as Bank Alfalah Limited (BAL)
BAL is listed on the Karachi, Lahore & Islamabad Stock Exchanges in Pakistan.
Presently the 5th largest private bank in Pakistan and one of the fastest growing banks in the region.
Bank Alfalah Limited is actively involved in corporate, commercial and consumer financing activities. It enjoys a dominant position in the consumer finance industry with a very strong presence in credit cards, home mortgage and car financing
The future strategy of the BAL management envisages selective international expansion, domestic branch expansion and introduction of new and innovative products & services.
 
Financials
Financials snapshot as at December 31, 2007  
    (Amount in US$ millions)
Total Assets 5,139
Deposits  4,268
Advances 2,675
Investments 1,383
Pre-tax Profits  71
Equity & Reserves 276
    (1US$ = 64PKR)
     
Branch Network & Overseas Operations
     
Local Network 223 Branches,17 Service Centers & 3 Booths
Covering 85 Cities in Pakistan  
     
Overseas Network 8 Branches
Dhaka, Bangladesh  
Chittagong, Bangladesh  
Sylhet, Bangladesh  
Kabul, Afghanistan  
Herat, Afghanistan  
Manama, Bahrain (OBU)  
     
Representative Office  
Abu Dhabi, UAE  
     
Expansion Plans for 2008  
Envisage opening of future 49 branches across Pakistan  
     
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