Bank Alfalah refutes reports

03 Sep, 2006

A spokesman of Bank Alfalah has refuted the rumours about Bank's merger with another financial institution. In a statement here on Saturday, the spokesman said that there is no move to merge Bank Alfalah Limited with any financial institution.
The Bank has shown fastest growth during the last five years and has emerged as the fifth largest bank of the country. The Bank continues to consolidate its position in the market, he said. The Bank has no intention to have itself listed on any overseas stock exchanges. Any rumour to this effect are without foundation and totally baseless.
The management takes this opportunity to thank its clients and all well wishers for their continued support and confidence, the spokesman added.

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