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Ithmaar Bank’s Pakistan unit posts $35m profitIthmaar Bank, a Bahrain-based Islamic retail bank, has announced that its retail banking subsidiary in Pakistan, Faysal Bank (FBL), made a profit after tax of $35 million during the first nine months of 2016, reported the Gulf Daily News More… |
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Ithmaar Bank subsidiary posts record profitIthmaar Bank, a Bahrain-based Islamic retail bank, has announced that its retail banking subsidiary in Pakistan, Faysal Bank Limited, has registered a record profit for 2015, according to a report in the Gulf Daily News, our sister publ More… |
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Gulf Air, Faysal Bank sign strategic business allianceGulf Air, Bahrain's national carrier, recently entered into a strategic business alliance with Faysal Bank Limited, one of the leading banks in Pakistan, in a move to further facilitate air travel for the bank's credit and debit card hol More… |
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Faysal Bank to acquire RBS Pakistan for $50mRoyal Bank of Scotland said on Thursday that Faysal Bank is to acquire 99.37 per cent of RBS Pakistan for 4.298 billion rupees ($50.37 million). In a statement to the Karachi Stock Exchange, RBS said the transaction was subject to the appr More… |
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Faysal Bank wins bid to buy RBS Pakistan unitFaysal Bank won a bid for Royal Bank of Scotland's Pakistan operations, a source said, allowing its Bahrain-based parent Ithmaar to expand its retail presence in the area. Pakistan lender Faysal, which is 68 per cent owned by Ithmaar, More… |
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Profit rises at Ithmaar’s Pakistan unitIthmaar Bank said its Pakistani subsidiary Faysal Bank Limited (FBL) achieved a $21.1 million net profit for the first six months of the year, a healthy 18 per cent leap from the $17.9 million earned during the same period last year. Earni More… |
