KARACHI: Bank Alfalah clinched the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held in Karachi the other day.
State Bank of Pakistan (SBP) Governor Dr Reza Baqir was the chief guest at the ceremony. In the ceremony, six awards were given to other banks for their best performance in different categories. Bank Alfalah also succeeded to bag the Best Consumer Franchise Award for 2019. The Bank Alfalah had won the Best Bank Award for Small and Medium Business in 2018.
On the other hand, juries of Pakistan Banking Award chose the the Habib Bank Limited (HBL) for the Best Investment Banking Award for 2019. The HBL also won the other award in the category for Small and Medium Banking for its good performance in 2019.
The HBL received the same award in 2018, reflecting its outstanding performance in the investment category.
The National Bank of Pakistan (NBP), which failed to get any award in 2018, succeeded in winning the Best Bank for Agriculture Award 2019.
Khushhali Micro Finance Bank received the Best Micro Finance Bank Award for 2019 and it had won the same award in 2018.
Mobilink Micro Finance Bank won the Best Bank for Unbanked Award 2019 for its best performance in this area. The bank was given the same award in 2018.