Bank Alfalah’s Chairman, His Highness Sheikh Nahayan bin Mubarak Al Nahayan, and the Board of Directors, have graciously approved that Bank Alfalah will contribute to the flood relief efforts ongoing in Pakistan.
They have approved a fund amounting to USD 10Mn (Rs. 2,180Mn) to help with the extensive aid and rescue work required across the country.
The pledged amount will be distributed by Bank Alfalah for the flood relief activities including donations through selected NGOs and organizations to provide immediate relief and a substantial amount will be earmarked for infrastructure rebuilding in the medium to long term to help the affected areas attain normalcy.