February 26, 2017 12:48 AM ET

Banks

Company Overview of Faysal Bank Limited

Company Overview

Faysal Bank Limited, together with its subsidiaries, engages in the corporate, commercial, and consumer banking activities in Pakistan. The company operates through Corporate Finance, Trading And Sales, Retail Banking, and Corporate and Commercial Banking segments. It offers current, savings, term deposit, and foreign currency accounts; personal installment loans, balance transfer facility, and car and home finance; and insurance solutions, such as life secure plan, child’s future plan, protection and growth plan, saving plus, Takaful saving plan, Takaful save and protect plan, health plan, and cash withdrawal insurance, as well as credit and debit cards, and fund transfer and Internet banki...

Faysal House

ST-02, Shahrah-e-Faisal

Karachi,  

Pakistan

Founded in 1994

Phone:

92 21 1117 47747

Fax:

92 21 3279 5234

Key Executives for Faysal Bank Limited

Faysal Bank Limited does not have any Key Executives recorded.

Faysal Bank Limited Key Developments

Faysal Bank Signs Two Agreements with Adamjee Life Assurance Company Limited

Faysal Bank has recently signed two agreements with Adamjee Life Assurance Company Ltd. According to this agreement, Faysal Bank will now offer additional Adamjee Life Assurance products to its existing and potential customers through its widespread distribution channels. The products will include both Conventional and Takaful Plans. Prominent features of the products are Shariah Compliant saving mechanism with significant Takaful coverage, multiple optional protection riders to provide additional coverage; furthermore the investments are directed to Shariah Compliant Investment Funds. The strategic partnership will further enhance the product portfolio of Faysal Bank and allow customers convenient access to an extensive range of conventional and Shariah Compliant products.

Faysal Bank Limited Reports Earnings Results for the Year Ended Dec. 31, 2016

Faysal Bank Limited reported earnings results for the year ended Dec. 31, 2016. For the year, the company reported net mark-up/interest income of PKR 12,066.407 million compared to PKR 13,954.582 million a year ago. Profit before taxation was PKR 6,658.637 million compared to PKR 6,920.077 million a year ago. Profit after taxation was PKR 4,301.772 million or PKR 3.59 per basic share compared to PKR 4,222.364 million or PKR 3.52 per basic share a year ago.

Faysal Bank Limited to Report Fiscal Year 2016 Results on Jan 26, 2017

Faysal Bank Limited announced that they will report fiscal year 2016 results on Jan 26, 2017

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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