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Bank Alfalah
 

Bank Alfalah Limited is a private bank in Pakistan owned by the Abu Dhabi Group. Bank Alfalah was incorporated on June 21, 1992 as a public limited company under the Companies Ordinance 1984. Its banking operations commenced from November 1, 1992. The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962. The bank introduced commercial banking and related services as defined in the Banking companies ordinance, 1962.

The management of Bank Alfalah had implemented strategies and policies so the bank would become a major player in the market. With a partnership with the Abu Dhabi Group the position of the bank became stronger which allowed the bank to invest more in revolutionary technology to increase its range of products and services in Bangladesh. The Bank invested in world-class systems and use innovative technology to provide unique banking services.

 
 

Bank Alfalah committed to develop and deliver the most innovative products, manage customer experience, deliver quality service that contribute to brand strength, develop a competitive advantage and enhance profitability, thus providing value to the stakeholders of the bank.

 
  Bank Alfalah
Category : Foreign Private Commercial Bank
SWIFT Code : ALFHBDDH

Address :
5, Rajuk Avenue
Motijheel CA
Dhaka 1000
Bangladesh

Telephone : +880 2 716 8821
Facsimile  : +880 2 955 7413
Website :  www.bankalfalah.com

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Bangladesh Bank, as the central bank, has legal authority to supervise and regulate all banks and non-bank financial institutions. Bank Company Act, 1991, empowers Bangladesh Bank to issue licenses to carry out banking business in Bangladesh. Given some broad policy goals and objectives, it formulates and implements monetary policy, manages foreign exchange reserves and lays down prudential regulations and conduct monitoring thereof as they apply to the entire banking system. The Bangladesh Bank has the power to impose penalties for non-compliance and also to intervene in the management of a bank if serious problem arise. It also has the delegated authority of issuing policy directives regarding the foreign exchange regime.
 

 

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