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Bank Alfalah Limited (Urdu pronunciation: [bɛŋk al.fə.ˈlaːh] bank-al-fuh-LAH), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group .
Bashir Tahir born in Bhera, Punjab, Pakistan was a prominent corporate figure in the banking, communication, and real estate sectors of Pakistan.. He is the former CEO of Dhabi Group, a member of the Board of Wateen Telecom and board member and CEO of Warid Telecom International LLC.
It owns Bank Alfalah, Warid Telecom, Wateen Telecom, Taavun and many more in Pakistan. He is also Founder Chairman of Bank Alfalah. Sheikh Nahyan Mubarak Al Nahyan is also recipient of Pakistan's highest civilian award, the Hilal-e-Pakistan, which was conferred upon him by the President of Pakistan in 2005.
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The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.
She is also the former president of Suapur Nannar School and College, Dhamrai, and the former managing director of Social Islami Bank. In 2007, she participated in the Fortune Most Powerful Women Summit in Los Angeles and chaired the Foundation for Justice Awards in Valencia, Spain .
BASIC Bank Limited is one of seven state owned banks in Bangladesh. [9] In 2016 the finance minister in a statement described the state of the bank as weak due to graft by top officials of the bank and would require some time for improvement. [10] Sonali Bank UK Ltd and other international banks had censured Basic bank over irregularities. [11]
In 2016, the Bangladesh Bank confirmed the unit has been made autonomous. [7] In September 2021, the Bangladesh Financial Intelligence Unit sent letters to banks requesting the bank details of 11 elected journalist leaders from Bangladesh Federal Union of Journalists, Dhaka Reporters Unity, Dhaka Union of Journalists, and the National Press Club.