Bank Alfalah Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Alfalah Ltd with three other
companies in this sector in Pakistan:
Allied Bank Ltd
sales of 75.09 billion Pakistan Rupees [US$611.20 million]
of which 67%
was Commercial and Retail Banking),
Meezan Bank Limited
(44.66 billion Pakistan Rupees [US$363.56 million]
of which 36%
was Trading and Sales), and
Bank AL Habib Limited
(58.46 billion Pakistan Rupees [US$475.90 million]
of which 90%
was Commercial Banking).
Bank Alfalah Ltd reported sales of 66.83 billion Pakistan Rupees (US$544.02 million)
December of 2017.
a very small
increase of 1.1%
versus 2016, when the company's sales were 66.12 billion Pakistan Rupees.
Despite this increase, sales are still
below the level achieved in 2015, when Bank Alfalah Ltd
reported sales of 70.20 billion Pakistan Rupees.
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
38.4% in 2017, from
7.18 billion Pakistan Rupees to 9.95 billion Pakistan Rupees.
Bank Alfalah Ltd also saw significant increases in sales in
Corporate Banking (up 7.2% to 14.50 billion Pakistan Rupees)
Islamic Banking (up 5.8% to 8.83 billion Pakistan Rupees)
Consumer Banking (up 17.0% to 4.81 billion Pakistan Rupees)
International Operations (up 5.9% to 3.79 billion Pakistan Rupees)
Asset Management (up 18.3% to 444.83 million Pakistan Rupees)
Reatil Brokearge (up 34.9% to 143.67 million Pakistan Rupees)
Not all segments of Bank Alfalah Ltd experienced an increase in sales in 2017:
sales of Treasury fell 12.0% to 25.21 billion Pakistan Rupees.