Faysal Bank Limited was incorporated in Pakistan on October 3rd, 1994 as a Public Limited Company under the Companies Ordinance, 1984. The Bank’s shares are listed on Pakistan Stock Exchange. Faysal Bank is engaged in Commercial, Retail, Corporate and Islamic banking activities. Faysal Bank’s footprint now spreads over more than 200 cities with over 550 (including 414 Islamic) branches. With total assets in excess of PKR 601.974 Billion, placing it amongst the significant players in Pakistan’s banking industry. Faysal Bank’s aim is to achieve leadership in providing shariah compliant products and services to its customers.
Faysal Bank Limited has been duly licensed as a Commercial Bank by the State Bank of Pakistan (SBP). Faysal Bank is on track to convert the entire bank, including its branch network, into a full-fledged Islamic Bank. Our branch network of 555 branches includes 414 Islamic branches and 141 conventional branches. Faysal Bank carries on banking business activities in line with the Banking Companies Ordinance, 1962.
JCR-VIS Credit Rating Company
||AA/A-1+ (Double A/A- One Plus)
PACRA Pakistan Credit Rating Agency Limited
|Long Term Rating
||AA (Double A)
|Short term Rating
||A-1 Plus(A-One Plus)
Faysal Asset Management Limited (FAML), an asset management company was launched in 2003 within Faysal Bank Group.
FAML brings together the collective financial expertise and investment experience of Islamic Investment Company of Gulf, with its extensive global fund management experience, Faysal Bank Limited, one of Pakistan’s premier commercial banks. The joint venture partners have international expertise of managing funds in diversified markets around the globe.
FAML has a strong management team and a research based investment structure geared towards providing quality service to its clients. A dedicated research team for each fund works under the supervision of internal investment committee, which is headed by the CEO.