Faysal Bank
| File:Faysal Islamic Bank 2020 logo.png | |
 | |
| Company type | Public |
|---|---|
| PSX: FABL | |
| Industry | Islamic banking |
| Founded | October 3, 1994 |
| Headquarters | Karachi, Sindh, Pakistan |
Key people | Yousaf Hussain Chief Executive & President[1] |
| Products | Islamic banking, loans, consumer banking, credit cards, savings |
Number of employees | 3,610 |
| Parent | Ithmaar Bank |
| Website | faysalbank |
The Faysal Bank Limited is a Pakistani Islamic and commercial bank, a subsidiary of the Bahraini bank Ithmaar Bank,[2] based in Karachi, Sindh, Pakistan.[3]
History
It was incorporated in Pakistan on October 3, 1994 as a public limited company under the Companies Ordinance, 1984.
In June 2010, Royal Bank of Scotland sold its Pakistan operations to Faysal Bank for £34 million.[4]
In 2014 it announced that it plans to convert itselt into full-fledged Islamic Bank in three to five years.[5]
References
- ^ "Senior Management - Faysal Bank".
- ^ "A Bank in Pakistan is Splurging on 200 New Branches". Bloomberg. 1 May 2019. Retrieved 6 August 2020.
- ^ "About Faysal Bank". Archived from the original on 2011-10-11. Retrieved 2011-09-24.
- ^ "RBS sells its operations in Pakistan". BBC. 16 June 2010. Retrieved 6 August 2020.
- ^ "Pakistan's Faysal Bank to convert into Islamic bank". Reuters. 2014-03-25. Retrieved 2020-07-09.
External links
| Central bank | |||||
|---|---|---|---|---|---|
| Big Four | |||||
| Commercial banking |
| ||||
| Microfinance | |||||
| Islamic banking | |||||
| House building | |||||
| Savings Bank | |||||
| Foreign banks | |||||
| Defunct banks | |||||
| See also | |||||
 | This Pakistani corporation or company article is a stub. You can help Wikipedia by expanding it. |