BAHL Board greenlights talks to make AHCML a wholly-owned subsidiary

Mettis Link News reported that Bank Al-Habib Limited, listed on the PSX as BAHL, has won preliminary backing from its directors to open talks on buying a further 33.33 per cent stake in AL Habib Capital Markets (Pvt.) Limited (AHCML). The move would turn AHCML into a fully owned subsidiary, but it requires clearance from the State Bank of Pakistan and other regulatory and corporate bodies. The board reached that decision on August 20, 2026, and the bank informed the Exchange through a notification.

Separately, the bank posted consolidated net profit of Rs15.41bn for the six months to June 30, 2026 (1HCY26), a 22 per cent drop from Rs19.79bn a year earlier. The lender also announced a cash payout of Rs3.5 per share on an interim basis, alongside the results.