Bank Alfalah Ltd. operates as a holding company. The firm engages in the provision of commercial banking and related services. It operates through the following segments: Retail Banking, Corporate Banking, Treasury, Digital Banking, Islamic Banking, International Operations, Brokerage, and Others. The Retail banking segment includes loans, deposits, trading activity, wealth management and other banking transactions. The Corporate Banking segment comprises loans, deposits, project financing, trade financing, investment banking and other banking activities with bank's corporate and public sector customers. The Treasury segment consists of liquidity management activities carried out through borrowing, lending, money market, capital market and merchant banking operations. The Digital Banking segment composes branchless banking accounts, deposits and lending products, digital channels, corporate, G2P and SMME portfolio, digital payments and digital products. The Islamic Banking segment pertains to full scale Islamic Banking operations of the bank. The International Operations segment encompasses amounts related to bank's overseas operations, namely, commercial banking activities in Bangladesh, Afghanistan, United Arab Emirates and wholesale banking activities in the Kingdom of Bahrain. The Brokerage segment handles asset management activities mainly through the subsidiary Alfalah CLSA Securities Limited. The Others segment covers the head office related activities. The company was founded on June 21, 1992 and is headquartered in Karachi, Pakistan.
