Karachi: Faysal Bank Limited has announced that the interim cash dividend for the first quarter ending March 31, 2025, has been successfully credited to shareholders' accounts. The dividend, set at Rs. 1.50 per share or 15%, was distributed directly into the respective International Bank Account Numbers (IBAN) of the shareholders as of May 15, 2025.

The payment of this dividend, as mandated by the Securities and Exchange Commission of Pakistan (SECP), has been withheld for shareholders who have not provided a valid IBAN. Shareholders are urged to update their IBAN information with their respective Participant or CDC Investor Account Services if their shareholding is in book entry form, or with the Bank's Share Registrar for physical shareholding. The address for the CDC Share Registrar Services Limited is located in Karachi.

Further, the Dividend, Tax & Zakat Deduction Report is accessible directly from the stockbroker participants, having been made available on their Central Depository System (CDS) terminals. Shareholders may also receive a copy of this report via their registered email addresses.

Shareholders with a Pakistan Origin Card and those who have updated their passport numbers in the CDS record will receive their dividends following the initial payment cycle managed by the Central Depository System.

According to information available from the Pakistan Stock Exchange (PSX), system errors or non-responsiveness from a shareholder's designated bank could potentially delay the dividend payment process. Shareholders who do not receive the expected dividend are advised to contact the Share Registrar in writing, ensuring they include their Folio or CDC Account Number.

This update falls under the designated market category, emphasizing the procedural requirements and the importance of maintaining accurate shareholder records to facilitate dividend distribution.