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HomeBusinessBank Alfalah Limited to sell Bangladesh operations for $47.5m

Bank Alfalah Limited to sell Bangladesh operations for $47.5m

The shareholders of Bank Alfalah (BAFL), one of Pakistan’s largest commercial banks, have approved the sale of its Bangladesh operations to Bank Asia, a private-sector commercial bank based in Dhaka, for around $47. 5 million. The listed bank announced the development during its 78th Annual General Meeting (AGM), the minutes of which were shared with the

Read full story on Daily Times – Latest Pakistan News, World, Busines

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