Try Voice Search to find what you are looking for
- Login
Try Voice Search to find what you are looking for
Pakistan has the third-largest unbanked adult population, with about 100 million adults lacking bank accounts. Recognizing the need for economic inclusivity, the State Bank of Pakistan took the lead and launched the National Financial Literacy Program (NFLP) in 2017. Faysal Bank gained the honor of becoming a significant collaborative partner and has made headway into unbanked communities through Classroom Training Sessions as well as Street Theatre.
After running NFLP-I successfully over a period of five years and realizing the ongoing need for financial inclusion in Pakistan, the NFLP Steering Committee launched NFLP-II for the next five years (2023 to 2027). Concepts of budgeting, savings and investments are part of this program, focusing on 50% of female attendees
Faysal Bank has embarked on a strategic initiative to address financial exclusion in Pakistan, a challenge that affects 53% of the country's adult population, according to the State Bank of Pakistan. Our approach is tailored to Pakistan's unique landscape, where financial exclusion is often voluntary due to low financial literacy and concerns about interest-based transactions.
Measured Progress and Targeted Expansion
Fiscal Year 2023
In FY 2023, Faysal Bank made significant strides:
Fiscal Year 2024
Building on this foundation, in FY 2024, we expanded our efforts:
Fiscal Year 2025 Projections
For FY 2025, Faysal Bank targets:
Faysal Bank is addressing key barriers to financial inclusion, by providing financial literacy, and with Shariah-compliant banking solutions. Our strategy involves, expanding outreach, developing accessible and ethical financial services, and innovative Shariah-compliant products.
| S# No. | District |
|---|---|
| 1 | Abbottabad |
| 2 | Bahawalnagar |
| 3 | Bahawalpur |
| 4 | Bhimber |
| 5 | Chiniot |
| 6 | DG Khan |
| 7 | Gilgit |
| 8 | Karachi South |
| 9 | Kasur |
| 10 | Mirpur |
| 11 | Muzaffarabad |
| 12 | Narowal |
| 13 | Okara |
| 14 | Pakpattan |
| 15 | Quetta |
| 16 | Sialkot |
Commitment to Sustainable Impact
Faysal Bank is positioned to significantly influence Pakistan's financial inclusion trajectory. We are dedicated to creating a more inclusive financial ecosystem, contributing to the nation's economic stability and growth.
By aligning our commercial objectives with social responsibility, we aim to foster a financially empowered society where banking services are accessible, understood, and beneficial to all segments of the population.
It is a part of our mission that Faysal Bank will continue to serve the national cause by remaining a proactive partner of NFLP-II. Our teams are driven by their Islamic Vision and Values that demand
positive engagement, solidarity, and integration with people of different backgrounds and lifestyles, and bringing them financial strength for a better and more productive future.
Faysal Bank teams are always on ground to facilitate and can be reached at [email protected] for organizing financial literacy awareness classroom sessions and/or street theaters in the above-mentioned areas and to address any query in this regard.
We also appreciate local NGOs, NPOs, and volunteers to collaborate with us in promoting financial awareness in underserved regions, especially among the female population. It is a national initiative, and we are all the beneficiaries of an economically wiser and sound Pakistan. Together, we can play a pivotal role in enhancing the financial well-being of individuals, communities, and the country.
