Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 20, 2020 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2020.
Further, the company has declared the closed period from August 12, 2020 to August 20, 2020.
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.