Pakistan · Financial institution
Bank Alfalah Limited
Bank Alfalah Limited is a public limited company incorporated in Pakistan on 21 June 1992, with its head office in Karachi. Its shares are listed on the Pakistan Stock Exchange. According to its 1H 2026 analyst briefing, sponsors from the Abu Dhabi Group hold 56% of the shares. The bank offers conventional and Islamic retail, SME, corporate, treasury and digital banking in Pakistan. It also has overseas branches in the UAE, Bahrain, Bangladesh and Afghanistan. In March 2026 its shareholders approved the sale of its Bangladesh operations to Bank Asia, subject to regulatory approval.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- ALFHPKKAXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under ALFHPKKA directly.
- Swift GPI
- Member, not yet live
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 15 branch codes
- BIC first registered
- 2001-09-01
- Last updated
- 2026-04-11
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker BAFL
Institution type
Commercial bank
Trades as Bank Alfalah
- Ownership
- According to its 1H 2026 analyst briefing, sponsors of the Abu Dhabi Group, based in Abu Dhabi, hold 56% of the shares. The remaining shares are listed on the Pakistan Stock Exchange.
- Major shareholder
- Abu Dhabi Group sponsors (collectively) 56% · 13 Aug 2026
- Stock listing
- Pakistan Stock Exchange BAFL
- Head office
- B.A. Building, I.I. Chundrigar Road, 74000 Karachi, Pakistan
- Company register
- Company Registration Number 0027580 (Securities and Exchange Commission of Pakistan); SBP banking licence BL-8 of 1 October 1992
- Former name
- Habib Credit and Exchange Bank Limited
Business lines
The bank reports retail, corporate, Islamic, treasury, digital and overseas segments. Its 1H 2026 briefing gives 1,200 branches in Pakistan, 450 of them Islamic.
Online
- Websites & references
- bankalfalah.com ↗
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 13 pages consulted
- bankalfalah.com/
- bankalfalah.com/management/
- bankalfalah.com/governance/
- bankalfalah.com/financial-reports/
- prodbaf.blob.core.windows.net/data/BAFL%20-%20Analyst%20Briefing%20Session%20-%20Q2%202026.pdf
- bankalfalah.com/news-room/bank-alfalah-reports-39-rise-in-half-year-2026-profit-after-tax/
- bankalfalah.com/business-banking/treasury-and-capital-market/financial-institutions
- prodbaf.blob.core.windows.net/data/Routing%20Instructions-Pakistan%20Conventional%20SSI%202025.pdf
- bankalfalah.com/islamic-banking/treasury-capital-markets/nostro-accounts/
- brecorder.com/news/40299137
- brecorder.com/news/40332447/bank-alfalah-withdraws-intention-to-acquire-stake-in-samba-bank-as-snb-halt
- profit.pakistantoday.com.pk/2026/03/27/bank-alfalah-shareholders-approve-47-5-million-sale-of-bangladesh-operations-t
- en.wikipedia.org/wiki/Bank_Alfalah
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Atif Bajwa
Director/President & CEO
- Chair
-
Sheikh Nahayan Mabarak Al Nahayan
Chairman
- Chief financial officer
-
Anjum Hai
Chief Financial Officer
- Executive
-
Faisal Rabbani
Chief Risk Officer
- Executive
-
Haroon Khalid
Group Head Compliance and Business Solutions
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Pakistan
- State Bank of Pakistan Central bankPrudential supervisorAML supervisorForeign exchange
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Shareholders approved the sale of the Bangladesh operations to Bank Asia for about BDT 5.8 billion, subject to approval by both central banks.
profit.pakistantoday.com.pk ↗ -
Other
The bank told the Pakistan Stock Exchange that it had completed the divestiture of its shareholding in Alfalah Securities (Private) Limited.
bankalfalah.com ↗ -
Merger / acquisition
The bank withdrew its public announcement of intention to acquire 84.51% of Samba Bank after Saudi National Bank ended the sale process.
brecorder.com ↗ -
Enforcement
The State Bank of Pakistan fined the bank PKR 187.652 million for breaching regulatory instructions on foreign exchange and general banking operations.
brecorder.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- ALFHPKKAXXX
- How the BIC breaks down
- ALFHBank
- PKCountry · Pakistan
- KALocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2549007VBBNOQL2IVZ08
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Pakistan · South Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Bank Alfalah Limited group has 6 institutions in the directory, in 5 countries: all hold a BIC.
Including Bank Alfalah Limited, Bank Alfalah Limited, Alfalah Securities (Private) Limited, Bank Alfalah Bahrain, Bank Alfalah Limited (Dubai Branch).
See the Bank Alfalah Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- B.A. BUILDING I.I. CHUNDRIGAR ROAD KARACHI 74000 PAKISTAN
- Operational address
- B.A. BUILDING, FLOOR 1 I.I. CHUNDRIGAR ROAD KARACHI 74000 KARACHI PAKISTAN
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>ALFHPKKAXXX</BICFI>
<LEI>2549007VBBNOQL2IVZ08</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>ALFHPKKAXXX</BICFI>
<LEI>2549007VBBNOQL2IVZ08</LEI>
<Nm>BANK ALFALAH LIMITED</Nm>
<PstlAdr>
<TwnNm>KARACHI</TwnNm>
<Ctry>PK</Ctry>
<AdrLine>B.A. BUILDING I.I. CHUNDRIGAR ROAD KARACHI 74000</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 15 branch BICs connect to the head office. Most were registered in 2008 (4 BICs) and 2002 (2). The bank publishes 43 accounts at other banks, across 5 regions.
All 15 branch BICs connect to the head office, spread across 4 functions. Largest: Clearing & payments (3), Trade finance (3). The bank publishes 43 accounts at other banks, across 5 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
43 accounts at other banks, in 12 currencies, as the bank publishes them: prodbaf.blob.core.windows.net ↗
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
|---|---|---|---|---|---|
| ACU Dollar | Bank Alfalah Limited Bangladesh | ALFHBDDH | 0701-32029040 | Conventional banking | Matches the Swift directory |
| ACU Dollar | Hatton National Bank Ltd. Sri Lanka | HBLILKLX | 54010065847 | Conventional banking | Matches the Swift directory |
| ACU Dollar | Mashreqbank PSC, India India | MSHQINBB | 61050949 | Conventional banking | Directory name differs MASHREQ BANK |
| CAD | Citibank NA, London United Kingdom | CITIGB2L | A/C No: 0011304496 IBAN: GB27CITI18500811304496 | Conventional banking | Matches the Swift directory |
| CNY | Standard Chartered Bank (China) Limited China | SCBLCNSXSHA | 501510476874 | Conventional banking | Matches the Swift directory |
| CNY | Industrial & Commercial Bank of China Pakistan | ICBKPKKA | 6001010000000089193 | Conventional banking | Matches the Swift directory |
| EUR | Commerzbank, A.G. Germany | COBADEFF | IBAN: DE24 5004 0000 0880 7182 01; Account Number: 400880718201 | Conventional banking | Matches the Swift directory |
| EUR | Intesa Sanpaolo SpA Italy | BCITITMM | Account Number: 100100004291; IBAN: IT05Z0306940101100100004291 | Conventional banking | Matches the Swift directory |
| EUR | National Bank of Pakistan Germany | NBPADEFF | Account Number: 1149245009; IBAN: DE27 501 30000 1149245001 | Conventional banking | Matches the Swift directory |
| EUR | SCB, Frankfurt Germany | SCBLDEFX | 18080105 | Conventional banking | Matches the Swift directory |
| EUR | Unicredit Bank Austria AG Austria | BKAUATWW | IBAN: AT79 1100 0010 1161 8400; Account Number: 01011618400 | Conventional banking | Matches the Swift directory |
| JPY | National Bank of Pakistan Japan | NBPAJPJT | 21063 | Conventional banking | Matches the Swift directory |
| JPY | Standard Chartered Bank (Singapore) Limited Singapore | SCBLSG22 | 0105454028 | Conventional banking | Matches the Swift directory |
| GBP | Standard Chartered Bank United Kingdom | SCBLGB2L | 01707999001 IBAN: GB87 SCBL 6091 0417 0799 90 | Conventional banking | Matches the Swift directory |
| CHF | Commerzbank Germany | COBADEFF | 400880718200 CHF IBAN: DE24 5004 0000 0880 7182 00 | Conventional banking | Matches the Swift directory |
| USD | Citibank N.A. United States | CITIUS33 | 36087144 | Conventional banking | Matches the Swift directory |
| USD | Deutsche Bank Trust Company Americas United States | BKTRUS33 | 04181945; RTN: 021001033 | Conventional banking | Matches the Swift directory |
| USD | JP MorganChase Bank, N.A. United States | CHASUS33 | 811165174; CHIPS Routing No: 0002; RTN: 021000021 | Conventional banking | Directory name differs JPMORGAN CHASE BANK, N.A. |
| USD | Mashreqbank United States | MSHQUS33 | 70119307; RTN: 026011743 | Conventional banking | Directory name differs MASHREQ BANK PSC |
| USD | Standard Chartered Bank United States | SCBLUS33 | 3582065256001; RTN: 026002561 | Conventional banking | Matches the Swift directory |
| USD | Habib American Bank United States | HANYUS33 | 20729686; RTN: 026007362 | Conventional banking | Matches the Swift directory |
| AED | Mashreqbank PSC United Arab Emirates | BOMLAEAD | 19030000126 AE770330000019030000126 | Conventional banking | Matches the Swift directory |
| AED | Bank Alfalah Limited Dubai United Arab Emirates | ALFHAEAD | 1100001598 | Conventional banking | Matches the Swift directory |
| AED | Emirates NBD Bank PJSC, Dubai, UAE. United Arab Emirates | EBILAEAD | Account No: 1261187413901 IBAN: AE970260001261187413901 | Conventional banking | Matches the Swift directory |
| AUD | JP MorganChase Bank Australia | CHASAU2X | 83614234 | Conventional banking | Directory name differs JPMORGAN CHASE BANK, N. A. - SYDNEY BRANCH |
| SGD | JP Morgan Singapore | CHASSGSG | 8830014746 | Conventional banking | Directory name differs JPMORGAN CHASE BANK, N.A. - SINGAPORE BRANCH |
| SAR | Emirates NBD PJSC, KSA Branch. Saudi Arabia | EBILSARI | SA7595000001266035605501 | Conventional banking | Matches the Swift directory |
| ACU Dollar | Standard Chartered Bank India | SCBLINBB | 22205410053 | Islamic banking | Matches the Swift directory |
| ACU Dollar | MCB Bank Limited Sri Lanka | MUCBLKLC | VOS-20079 | Islamic banking | Matches the Swift directory |
| ACU Dollar | Bank Alfalah Dhaka, Bangladesh Bangladesh | ALFHBDDH | 0701-32029087 | Islamic banking | Matches the Swift directory |
| CNY | Bank of China, Karachi Pakistan | BKCHPKKA | IBAN: PK80BKCH0100002600001982 | Islamic banking | Matches the Swift directory |
| EUR | UNICREDIT SPA Italy | UNCRITMM | IBAN: IT23D0313501719000000003117 | Islamic banking | Matches the Swift directory |
| EUR | UniCredit Bank AG Germany | HYVEDEMM | 69109080 | Islamic banking | Matches the Swift directory |
| EUR | Standard Chartered Bank (Germany) GmbH Germany | SCBLDEFX | 424-018115805 | Islamic banking | Matches the Swift directory |
| EUR | JP Morgan Germany | CHASDEFX | 6231609865 | Islamic banking | Matches the Swift directory |
| JPY | National Bank of Pakistan Japan | NBPAJPJT | 21099 | Islamic banking | Matches the Swift directory |
| GBP | JP Morgan United Kingdom | CHASGB2L | A/C: 41462693 IBAN: GB76CHAS60924241462693 | Islamic banking | Directory name differs JPMORGAN CHASE BANK, N.A. - LONDON BRANCH |
| GBP | Standard Chartered Bank United Kingdom | SCBLGB2L | 1253969101 | Islamic banking | Matches the Swift directory |
| USD | Mashreq Bank PJSC United States | MSHQUS33 | 70010078 | Islamic banking | Matches the Swift directory |
| USD | Standard Chartered Bank United States | SCBLUS33 | 3582065256002 | Islamic banking | Matches the Swift directory |
| USD | JP Morgan United States | CHASUS33 | A/C: 291853866 CHIPS MBR: 0002 ABA: 021000021 CHIPS UID: 414486 | Islamic banking | Directory name differs JPMORGAN CHASE BANK, N.A. |
| AED | Bank Alfalah Limited, Dubai United Arab Emirates | ALFHAEAD | A/C: 0501-1100008234 | Islamic banking | Matches the Swift directory |
| SAR | Bank Al Bilad Saudi Arabia | ALBISARIXXX | A/C: 999124373260005 | Islamic banking | Matches the Swift directory |
Routing instructions (SSI) for Pakistan conventional banking: a PDF marked 'Update list 2025', linked from the Financial Institutions page. All 27 rows are extracted. The Islamic banking list on https://www.bankalfalah.com/islamic-banking/treasury-capital-markets/nostro-accounts/ is undated, and all 16 of its rows are also extracted (purpose 'Islamic banking'). The Islamic MCB Bank account number is printed with a 'VOS-' prefix but appears in the nostro list. Several rows are accounts at the bank's own Dubai and Dhaka branches. The Dhaka rows may lapse if the sale of the Bangladesh business completes. Separate routing PDFs exist for the UAE, Afghanistan, Bangladesh and Bahrain branches but were not extracted. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| ALFHPKKA054 | PEOPLES COLONY BRANCH | Faisalabad | COMMERCIAL AREA 237- B PEOPLES COLONY FAISALABAD FAISALABAD PAKISTAN | — | 2026-04-11 |
| ALFHPKKA131 | F-10 MARKAZ BRANCH | Islamabad | URFI CENTER 4- D F-10 MARKAZ ISLAMABAD ISLAMABAD PAKISTAN | — | 2026-04-11 |
| ALFHPKKA285 | QUAID-E-AZAM ROAD BR MULTAN CANTT | Multan | 1009/1 QUAID- E- AZAM ROAD MULTAN CANTT MULTAN MULTAN PAKISTAN | — | 2026-04-11 |
| ALFHPKKA505 | ISLAMIC BANKING, UNI TOWERS BRANCH | Karachi | UNI TOWERS 213 I.I. CHUNDRIGAR ROAD KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACCL | CENTRALIZED CLEARING DEPARTMENT | Karachi | BANK ALFALAH FLOOR 10 FAKHARI TRADE CENTER KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACED | CENTRALIZED EXPORT DEPARTMENT | Karachi | BUSINESS PLAZA FLOOR 11 MUMTAZ HASAN ROAD KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACGD | CENTRALIZED GUARANTEES DEPARTMENT | Karachi | BUSINESS PLAZA FLOOR 11 MUMTAZ HASAN ROAD KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACID | CENTRALIZED IMPORTS DEPARTMENT | Karachi | BUSINESS PLAZA FLOOR 11 MUMTAZ HASAN ROAD KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACIT | CENTRALIZED ISLAMIC TRADE | Karachi | FAKHRI TRADE CENTER SHAHRAH- E- LIAQUAT KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKACRD | CENTRALIZED REMITTANCE DEPARTMENT | Karachi | BUSINESS PLAZA FLOOR 11 MUMTAZ HASAN ROAD KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKAGBL | GULBERG BRANCH, LAHORE | Lahore | 125- E/5 MAIN BOULEVARD GULBERG III LAHORE LAHORE PAKISTAN | — | 2026-04-11 |
| ALFHPKKANAF | NON ASSIGNED FLOWS (NAF) | Karachi | B.A. BUILDING, FLOOR 1 I.I. CHUNDRIGAR ROAD KARACHI 74000 KARACHI PAKISTAN | — | 2026-09-12 |
| ALFHPKKARDA | RDA REMITTANCES | Karachi | B.A. BUILDING, FLOOR 1 I.I. CHUNDRIGAR ROAD KARACHI 74000 KARACHI PAKISTAN | — | 2026-04-11 |
| ALFHPKKASKT | SIALKOT BRANCH | Sialkot | 40- A PARIS ROAD SIALKOT SIALKOT PAKISTAN | — | 2026-04-11 |
| ALFHPKKATRY | TREASURY OPERATIONS (CON) | Karachi | B. A. BUILDING, HEAD OFFICE FLOOR 1 I. I. CHUNDRIGAR ROAD BANK ALFALAH KARACHI KARACHI PAKISTAN | — | 2026-04-11 |
Claim this profile
Work at Bank Alfalah Limited?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: bankalfalah.com (official website) · original; Atif Bajwa: bankalfalah.com (official website) · original; Sheikh Nahayan Mabarak Al Nahayan: bankalfalah.com (official website) · original; Anjum Hai: bankalfalah.com (official website) · original; Faisal Rabbani: bankalfalah.com (official website) · original; Haroon Khalid: bankalfalah.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo