IFC and Bank Alfalah launch Pakistan’s first diversified payment rights issuance

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement for up to US$100 million in Pakistan’s first Diversified Payment Rights (DPR) note. This initiative aims to provide long-term international financing for Pakistan’s banking sector without requiring a sovereign guarantee. Approved by IFC on May 27, 2026, the arrangement enables Bank […] The post IFC…