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IFC and Bank Alfalah officials sign agreement for Pakistan’s first DPR issuance

IFC, Bank Alfalah Sign Agreement for Pakistan’s First DPR Issuance

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement for IFC’s planned investment of up to $100 million in Pakistan’s first Diversified Payment Rights (DPR) note. The transaction will provide Bank Alfalah with long-term international financing through a secured structure backed by diversified future foreign-currency receivables. IFC’s Board approved the […]
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Meezan Bank 24/7 assisted Service Center at Clifton Bridge Karachi

Meezan Bank Opens First 24/7 Assisted Service Center in Karachi

Meezan Bank has opened its first round-the-clock assisted Service Center at Clifton Bridge in Karachi, introducing a banking model that combines digital self-service with live support from banking professionals. The new center sits along one of Karachi’s busiest commercial and residential corridors. It serves both individual and business customers with access to banking services beyond […]
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