KARACHI: The 29th Annual General Meeting of Soneri Bank Limited was held simultaneously via video link in Lahore and Karachi on Friday, a press release said.

Soneri Bank posted profit after tax (PAT) at Rs2.4 billion in the year 2020, with earnings per share at Rs2.17. Shareholders approved final cash dividend for the year ended Dec 31, 2020 at 12.50 per cent (Rs1.25 per share).

Bank Alfalah, GoldFin collaborate for SME financing

KARACHI: Bank Alfalah has partnered with Goldfin to introduce a new financing option for its small and medium enterprise (SME) sector consumers, a press release said.

The agreement was signed by Bank Alfalah President and CEO Atif Bajwa and Goldfin CEO & Founder Nadeem Hussain.

The partnership will allow Bank Alfalah to support its customers in raising finances and growing their business. Goldfin has extensive expertise in originating loans backed by gold collateral, as well as in front-end and doorstep sales, the press release added.

Published in Dawn, March 27th, 2021

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