PACRA Upgrades Faysal Bank Long-Term Rating to AA+ Following Successful Islamic Transition
Faysal Bank Limited receives a long-term entity rating upgrade from PACRA to AA+ driven by strong digital growth, retail deposit surges, and Islamic banking leadership.
National Bank of Pakistan Appoints Naved Abid Khan as Chairman and Nasim Ahmed as Independent Director
National Bank of Pakistan receives SBP approval for board appointments, naming Naved Abid Khan as chairman and Nasim Ahmed as independent director to strengthen governance.
Naved A. Khan Appointed as Chairman of National Bank of Pakistan
Veteran banker Naved A. Khan takes the helm as Chairman of National Bank of Pakistan (NBP), bringing over 30 years of leadership experience from Faysal Bank and ABN AMRO.
Competition Commission of Pakistan Approves Maple Leaf Cement Share Acquisition in Faysal Bank
The CCP authorizes Maple Leaf Cement’s investment in Faysal Bank, confirming that the cross-sector share acquisition maintains fair market competition standards.
Mobilink Bank Appoints Mustapha Lotia as Chief Information Security Officer
Mobilink Bank welcomes cybersecurity expert Mustapha Lotia as CISO, leveraging his extensive experience across Telenor Easypaisa, TASDEEQ, NADRA, and major banks to strengthen security, risk governance, and data protection.
Pakistan Banks Return Unclaimed Deposits to SBP for Public Access and Refunds
Thirteen commercial banks in Pakistan have surrendered dormant accounts to the State Bank of Pakistan, allowing citizens and heirs to reclaim unclaimed deposits through a streamlined verification and refund process.
Faysal Bank, Waseela Pakistan Sign MoU to Deliver Shariah-Compliant Digital Financing to Farmers
Faysal Bank partners with Waseela Pakistan to provide fast-track, Shariah-compliant agricultural financing under the Electronic Warehouse Receipt framework, expanding digital access for farmers.
Faysal Bank Reaffirms DEI Commitment by Sponsoring SOP Unified Marathon in Lahore
Faysal Bank Limited sponsored the 2nd Special Olympics Pakistan Unified Marathon in Lahore, reaffirming its commitment to care, diversity, equity, and inclusion through community engagement and inclusive initiatives.
Faysal Bank Boosts Subsidiary FICECL with Rs. 200 Million Rights Issue
Faysal Bank Limited (FABL) has injected Rs. 200 million into its subsidiary FICECL via a rights issue to comply with regulatory capital requirements, supporting the growth of its forex exchange operations.
Faysal Bank Introduces Unmanned Self-Serve Digital Lobby, Revolutionizing Banking Experience in Pakistan
Faysal Bank unveils the ‘Faysal Self-Serve Digital Lobby’ in Lahore, offering 24/7 access to banking services, instant card replacement, and interactive biometric kiosks for a seamless digital banking experience.