Tue, 21-Oct-2025

Faysal Bank’s profit jumps 68% in fourth quarter

Faysal Bank

KARACHI: The Faysal Bank Limited (FABL) on Thursday announced profit-after-tax of Rs3.6 billion for the fourth quarter ended December 31, 2022, 68 per cent higher on a year-on-year basis, a statement said. The earnings are also 5 per cent higher on a quarter-on-quarter (QoQ) basis, analysts at Arif Habib Limited said. This takes the profit … Read more

SBP issues Islamic banking license to Faysal Bank

Faysal Bank

“The team of Faysal Bank has made history.” “Conversion of Faysal Bank is first of its kind,” says SBP governor. FBL carries the highest local Sharia rating KARACHI: The State Bank of Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making it the second-largest full-fledged Islamic bank in Pakistan. Commenting … Read more

Faysal Bank records Rs15 billion profit before tax in 9 months of 2022

Faysal Bank records Rs15 billion profit before tax in 9 months of 2022

KARACHI: Faysal Bank Limited (FBL) recorded a profit before tax of Rs15 billion during the nine months ended September 30, up 51 per cent from Rs9.9 billion in the corresponding period last year. The bank achieved the landmark of Rs1 trillion mark in balance sheet footings on the back of strong deposit mobilisation and borrowings. … Read more

Faysal Bank declares Rs4.07 billion profit

KARACHI: Faysal Bank Limited on Thursday announced profit-after-tax of Rs4.067 billion for the half-year ended June 30, 2021, a bourse filing said. The bank posted 7.33 per cent growth in its net profit, compared with Rs3.79 billion in the corresponding period last year. Faysal Bank announced Rs2.68 as earnings per share (EPS) for the period … Read more