Global Treasury
Bank
Alfalah has a state-of-the-art treasury set up and is one of the most active
participants in the foreign exchange and fixed income markets. This enables the
Bank to offer its customers the most competitive rates in all market
conditions.
In
addition to Pakistan, The Bank also have offices in Afghanistan, Bahrain, and
Bangladesh.
Foreign Exchange
Alfalah
Bank’s FX desk is one of the most active
participants in the interbank market dealing in ready, spot, forward and swap
transactions for all major currencies. Its sizable FX Book allows it to be a
market maker in the interbank markets of Pakistan, Afghanistan and Bangladesh.
This enables the Bank to offer its corporate and individual customers the most
competitive rates in all market conditions.
Further,
through its extensive NOSTRO account network the Bank is able to offer timely
funding solutions for importers dealing in G10 and other major currencies
including the ACU Dollar currency prevalent in the South Asian market.
During
trading hours an experienced team of Treasury Sales Dealers is available on
dedicated recorded telephone lines to quote FX rates for Spot, Forward and Bill
Discounting Transactions. Since the Bank is an active market maker in the FX
Interbank Market, they are able to offer competitive rates in both major and
exotic currencies. Active client engagement is central to the their philosophy
– the Bank stays close to its customers through regular client visits and it
remains relevant at all times by offering a holistic product suite, often
customizing solutions to meet specific customer requirements.
Forward Exchange Contracts
Forward
transactions are intended for customers who want to fix a favorable current
exchange rate for the future. The customer can conclude a deal with maturity on
an exact day in the future or conclude “forward with floating maturity“for an
agreed time frame within which the client has the opportunity to realize the
contract on an optional day.
To obtain
further information about the services or to subscribe to the Bank’s research reports, You can send an email to treasurysales@bankalafalah.com
Fixed Income
The
Bank’s dedicated fixed income trading desk is one of the most active
participants in all segments of the domestic money and bond markets.
Primary Dealer of Government Securities
Alfalah
Bank have been appointed by State Bank of Pakistan (SBP) as a Primary Dealer of
government securities which allows it to purchase Treasury bills and Pakistan
Investment Bonds from the government directly through auction.
Having
a large Islamic banking setup also allows Alfalah Bank to participate in
auctions of Shariah-compliant government bonds called GOP Ijarah Sukuk.
The
customers of Alfalah Bank can invest as well as trade in these government
securities by opening a special account called Investor Portfolio of Securities
(IPS) Account..
To obtain further information about the fixed income products and services and
to subscribe to the Bank’s research reports. You can send an email to fixedincome@bankalfalah.com
Derivatives and Structured Products
The
Bank offers advisory support to its customers on foreign exchange and interest
rate hedging solutions.
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