On 3rd October, 1987 under the Companies Ordinance, Faysal bank commenced its operations as a public limited company. The bank was first setup as a branch of Faysal Islamic Bank of Bahrain and then in 1995, the bank was renamed as Faysal bank limited. Faysal bank is bestridden in Corporate, Retail, Commercial and Islamic Banking activities. The bank soon launched another unit in Pakistan named as Al Faysal Investment Bank Limited on 1st January, 2002, which resulted in a superior, stronger and much more multifaceted organization.
In Karachi, Lahore and Islamabad stock Exchanges the shares of the bank are scheduled. The bank was rated long term as “AA” and short term as “A1+” with stable outlook, the rating was determined by JCR-VIS Credit Rating Company Limited and PARCA that is Pakistan Credit Rating Company Limited. The bank has successfully achieved its all goals and with a remarkable repute it has launched a vast network of about 260 branches in over 70 cities of Pakistan, which is appreciable. The bank has made numerous notable attempts due to which its recorded revenue has reached over PKR 300 billion.
The bank is trying to compose more superior efforts to be recognized among the top ten banks of Pakistan. The banks facilitates its consumers in all aspects as they have introduced a vast variety of retail services which includes Mobit Faysal mobile Banking, Faysal Pocket Mate, Faysal Union Pay Debit Card, Faysal e- Statement, Faysal Lockers, Transfer of Funds, Non- Stopping Banking, Faysal SMS Alert and Western Union services.
In Pakistan, the Faysal bank has the uppermost share amongst all other private banks and is also the major in terms of impartiality. More over the bank has launched Union Pay Debit cards within the country. Keeping health issues in mind the bank has signed an agreement with EFU Health Insurance Limited. In Royal Bank of Scotland, Faysal bank has acquired some controlling interests. The bank has also introduced some saving accounts to their consumers which include Faysal Moavin, Faysal Market Link, Faysal Premium, Faysal savings and Faysal Anchor Savings, with the facility of Electronic Banking Services the customer avails the opportunity of transaction round the clock. Mr. Syed Naseem Ahmad is the chairman of the bank and Mr. Naved. A. Khan is the CEO and its official website is www.faysalbank.com.Banking services, you have the flexibility to conduct transactions round the clock like.
Electronic Banking services, you have the flexibility to conduct transactions round the clock Electronic Banking you have the flexibility to conduct transactions round the clock whenever you like.