Pakistan Company News

Board of Directors meeting of Faysal Bank Limited

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on April 25, 2019 at Karachi. The agenda of the meeting will to consider the 1st Quarter Accounts for the period ended March 31, 2019.

Further, the company has declared the closed period from April 17, 2019 to April 25, 2019.

“Faysal Bank Limited was incorporated in Pakistan on October 3, 1994. The foundations of the company were laid as a public limited company under the Companies Ordinance, 1984. Ithmaar Bank B.S.C., a Bahrain based retail bank, is the parent company of the bank. The business activities of the bank include commercial banking, consumer banking, corporate banking and Islamic banking activities. The bank has a branch network comprising of over more than 265 branches in around 80 cities of Pakistan. The registered office of the bank is situated in Karachi. The stocks of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided.

The symbol “FABL” is being used by the stock exchange for the shares of Faysal Bank Limited.”

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