Karachi: Bank Alfalah Limited has announced the successful completion of its PKR 20 billion Tier-2 Term Finance Certificate (TFC) issuance, marking another significant milestone in the bank’s capital strengthening strategy. The development was disclosed to the Pakistan Stock Exchange (PSX) through a material information notice dated July 9, 2026.
According to the disclosure, the issuance was completed after receiving the final approval from the State Bank of Pakistan (SBP) and the execution of all relevant transaction documents. The Tier-2 capital instruments were issued in the form of Term Finance Certificates (TFCs) through a private placement, with the option of subsequent listing in accordance with the Debt Securities Listing Regulations.
Bank Alfalah confirmed that the entire PKR 20 billion issue was fully subscribed by investors, reflecting strong market confidence in the bank’s financial strength and credit profile. The issue date of the TFCs was July 8, 2026.
The successful capital raise is expected to further strengthen the bank’s capital adequacy, providing additional financial flexibility to support business expansion, lending activities, and regulatory capital requirements.
The disclosure was signed by Mian Ejaz Ahmad, Company Secretary, and submitted to the Pakistan Stock Exchange in compliance with the Securities Act, 2015 and the PSX Rule Book regarding the disclosure of material information.
