· · 2 sources

Bank Alfalah completes exit from Afghanistan after two decades

Pakistan's Bank Alfalah has finished selling its Afghan operations to Ghazanfar Bank following regulatory approval on November 5, 2026.

Pakistan’s Bank Alfalah exits Afghanistan after 20 years
File photo Pakistan’s Bank Alfalah exits Afghanistan after 20 years Photo: Business Recorder

Transaction details confirmed

The bank transferred all assets and liabilities from its Kabul and Herat branches to the new owner. This sale followed a non-binding offer accepted by the board in December 2025. Both Pakistani and Afghan central banks granted the necessary permissions for the handover.

Branch closure timeline

Bank Alfalah will now close its remaining physical locations in Afghanistan according to local rules. The institution began its activities in the country in 2005 before expanding to a second city. It provided both conventional and Islamic banking services during its twenty-year presence.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Business Recorder
  • Dawn

Reported by

2 independent outlets. Headlines as published. Links open the original report.