Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 23, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2023.
Further, the company has declared the closed period from February 15, 2023 to February 23, 2023.
The Bank was incorporated in Pakistan on October 03, 1994 as a Public Limited Company. Faysal Bank is engaged in Commercial, Retail, Corporate and Islamic banking activities. Faysal Bank’s footprint now spreads over more than 200 cities.
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 Bank’s branch network of 555 branches includes 414 Islamic branches and 141 conventional branches.
The shares of the Bank are 1,517,696,526. The Earnings per shares of the Company is 4.29 in 2020 which was 3.98 in 2019. The Company had a Profit of Rs. 6,510,505,000 in 2020 which was 6,040,632,000 in 2019.