Bank Alfalah Limited has received final approval from the State Bank of Pakistan (SBP) to raise up to PKR 20 billion through the issuance of Tier-II capital instruments, marking a significant step in strengthening the bank’s capital base and supporting its future growth strategy.
According to a material information disclosure submitted to the Pakistan Stock Exchange (PSX) on June 18, 2026, the bank has obtained regulatory clearance for the issuance of redeemable capital under Section 66 of the Companies Act, 2017, and the Basel III guidelines issued by the SBP. The proposed issuance will take the form of Term Finance Certificates (TFCs), which may be placed privately and/or listed on a stock exchange in accordance with the Debt Securities Listing Regulations.
The aggregate size of the issuance is expected to reach PKR 20 billion, providing Bank Alfalah with additional capital buffers to support business expansion, enhance financial resilience, and meet evolving regulatory capital requirements. Tier-II capital instruments are commonly used by banks to strengthen their capital adequacy ratios while maintaining flexibility in funding operations.
The bank noted that the transaction remains subject to the execution of relevant transaction documents and the fulfillment of other applicable conditions before completion. Once finalized, the issuance is expected to further reinforce Bank Alfalah’s balance sheet and support its long-term strategic objectives.
The disclosure was signed by Company Secretary Mian Ejaz Ahmad and communicated to the PSX as part of the bank’s ongoing commitment to transparency and regulatory compliance.
