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Topic: Faysal

Faysal Bank launches UnionPay debit card in Pakistan

KARACHI - Faysal Bank Limited has launched the first-ever UnionPay Debit Card in Pakistan. The launch event took place in a leading hotel in Karachi and was attended by Naved A Khan, President & CEO Faysal Bank Limited, and Larry Wang, President UnionPay International. The occasion was graced ...

Faysal Bank launches 50th Barkat Islamic Banking Branch

KARACHI - In line with its aggressive growth strategy for the Islamic banking platform, Faysal Bank Limited has rapidly grown its countrywide Barkat Islamic Banking network to 50 branches in 22 cities, making it the 2nd largest network of dedicated Islamic banking branches among conventional banks, ...

Faysal Bank T20 draws criticised

ISLAMABAD - Faysal Bank T20 Super 8 is all set to start from 25th at Rawalpindi Cricket Stadium with eight top teams vie for Top honours.The most interesting thing which came to everyone’s mind is on what theory the draws were made and who put top four sides in same group and that too the two ...

faysal bank holds autos conference
March 07, 2012

Faysal Bank holds Autos Conference

KARACHI – Faysal Bank Limited’s Car Finance business recently organised a special event at one of the leading hotels in Karachi where top representatives of Car Manufacturers, Dealers and Insurance Companies were invited, says a press release, says a press release. Speaking to the ...

faysal bank allianz efu ink agreement
February 28, 2012

Faysal Bank, Allianz EFU ink agreement

KARACHI - Faysal Bank Limited has entered into a strategic partnership with Allianz EFU Health Insurance (Allianz EFU) for their upcoming product Faysal aikFaisla Health Plan, says a press release.  The signing ceremony took place at Faysal House. Aarij Ali, Head Retail Banking FBL and Taher G ...

Faysal Bank Announces 1h Results
July 20, 2011

Faysal Bank announces 1H results

LAHORE (PPI) - The Faysal Bank Limited has reported Profit After Tax of Rs0.79 billion translating into an Earning Per Share of Rs1.08 as compared to Profit After Tax Rs1.73 billion (EPS of Rs2.37) in the same period last year, depicting a substantial decline of 54 percent YoY. According to ...

Faysal adds 4 more Barkat Islamic branches

KARACHI (PR) - Aggressively pursuing its mission of achieving leadership in providing financial services in chosen markets through innovation, Faysal Bank Limited has successfully opened up a total of ten Islamic Banking branches in seven cities under the brand 'Barkat Islamic Banking launched in ...

Faysal Bank acquires RBS Pakistan for $50.3m

KARACHI - Faysal Bank Limited and the Royal Bank of Scotland Pakistan (formerly known as ABN AMRO Bank N.V.) on Wednesday confirmed signing of an agreement, which will allow FBL to take over local operations of RBS, upon regulatory approval. In a separate notices issued to Karachi Stock Exchange ...

Faysal Bank Buy Rbs Pakistan 51m
June 16, 2010, 2:38 pm

Faysal Bank to buy RBS Pakistan for $51m

Royal Bank of Scotland on Wednesday said it had agreed to sell its Pakistan unit to Faysal Bank for ?41m ($51m) after a previous attempt to sell the business collapsed. The sale of a 99.4 per cent stake in RBS Pakistan is part of a wider divestment of assets by RBS, which is majority-owned by the ...

Faysal Bank Eyeing Rbs Pakistan
January 27, 2010

Faysal Bank eyeing RBS Pakistan

KARACHI - Faisal Bank Limited, one of the medium-sized banks in Pakistan, has intended to acquire the local operations of RBS-Pakistan after obtaining required approval from the State Bank of Pakistan for the due diligence of the bank. At the same time, market sources indicate that Bank Al-Habib ...

Faysal and Meezan banks issue Sukuk for steel sector

KARACHI - Faysal Bank and Meezan Bank jointly have arranged an Islamic finance facility - Sukuk for Amreli Steel in the amount of PKR 1,000 million while other banks participating in the consortium are SAPICO, Pak Kuwait, Bank Al Falah, UBL Ameen, Habib Metro, Soneri Bank, Dawood Islamic, Askari ...

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