IFC, BAFL Ink Project Agreement for Pakistan’s First Diversified Payment Rights Programme

IFC, BAFL ink project agreement for Pakistan’s first Diversified Payment Rights Programme

ISLAMABAD - In a significant development for Pakistan’s external financing landscape, a project agreement between the International Finance Corporation (IFC) and Bank Alfalah Limited (BAFL) for Pakistan’s first Diversified Payment Rights (DPR) Programme was signed Thursday at the Finance Division, Islamabad, in the presence of Federal.

IFC and Bank Alfalah Partner on Pakistan's First Diversified Payment Rights Issuance, Marking a Key Milestone in the Development of Pakistan’s Debt Capital Market

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking a key milestone toward IFC’s upcoming investment of up to US$100 million in Pakistan’s first-ever Diversified Payment Rights (DPR) note, to be issued by Bank Alfalah under its DPR Program. This landmark transaction will introduce a new source of competitively priced, long-term international financing for Pakistan’s banking sector and repr…

Pakistan’s First Diversified Payment Rights Programme Advances with IFC–Bank Alfalah Agreement

Copyright protected content copied from PhoneWorld website. In a significant development for Pakistan’s external financing landscape, a Project Agreement between the International Finance Corporation (IFC) and Bank Alfalah Limited (BAFL) for Pakistan’s first Diversified Payment Rights (DPR) Programme was signed today at the Finance Division, Islamabad, in the presence of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The P…