Categories: Business

Bank Alfalah: Partners with Ahya Technologies to Accelerate Green Banking

Bank Alfalah has partnered with Ahya Technologies to accelerate its green banking and sustainable finance transition through AI-powered software and strategic advisory services.

The partnership comes as demand for sustainable finance continues to grow across Pakistan. According to an Overseas Investors Chamber of Commerce and Industry (OICCI) report, the country requires US$40–50 billion annually to address climate-related risks. However, the Climate Finance Wing of the Ministry of Climate Change and Environmental Coordination currently manages an active climate finance portfolio of only about US$400 million.

Orange French Telecom Giant to Invest €3 Billion in AI Data Centre Expansion

Through the collaboration, Bank Alfalah and Ahya Technologies will strengthen the bank’s sustainable finance framework and expand its green banking initiatives. In addition, the partnership will focus on using data-driven solutions to improve environmental performance and support responsible financing.

Farooq Ahmed Khan, Group Head of Corporate, Investment Banking and International Business at Bank Alfalah, said the bank remains committed to promoting sustainable finance and helping Pakistan build a climate-resilient future.

“Our partnership with Ahya Technologies will strengthen our green banking capabilities through data-driven decarbonization and responsible systems,” he said.

Overall, the initiative reflects Bank Alfalah’s long-term commitment to integrating sustainability into its banking operations while supporting Pakistan’s transition toward a greener economy.

Irfan

Recent Posts

Tarab Nafees Applauds Pakistan Idol for Empowering Emerging Music Talent

Pakistan Idol finalist says the platform revived her musical journey and continues to inspire aspiring…

2 hours ago

Orange French Telecom Giant to Invest €3 Billion in AI Data Centre Expansion

Orange has announced plans to form a joint venture with infrastructure investor Morrison to expand…

7 hours ago

Justin Greaves West Indies All-Rounder Sets Historic Test Bowling Record Against Pakistan

Justin Greaves made Test cricket history on Monday by becoming the first bowler in the…

7 hours ago

PSX Pakistan Stock Exchange Extends Rally as KSE-100 Index Gains Over 330 Points

PSX extended its winning streak on Tuesday as the Pakistan Stock Exchange maintained positive momentum…

7 hours ago

US Dollar Holds One-Month High Ahead of Federal Reserve Rate Decision

Dollar remained near a one-month high on Tuesday as investors assessed the possibility of a…

7 hours ago

Mahira Khan Actor Helps Raise £104,000 for Gaza Relief at London Charity Event

Mahira Khan attended a charity fundraising event in London that raised approximately £104,000 to provide…

7 hours ago

This website uses cookies.