AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 129.82 Decreased By ▼ -1.40 (-1.07%)
BOP 6.76 Decreased By ▼ -0.05 (-0.73%)
CNERGY 4.67 Decreased By ▼ -0.04 (-0.85%)
DCL 8.40 Decreased By ▼ -0.04 (-0.47%)
DFML 41.02 Decreased By ▼ -0.45 (-1.09%)
DGKC 82.00 Decreased By ▼ -0.09 (-0.11%)
FCCL 32.90 Decreased By ▼ -0.20 (-0.6%)
FFBL 71.62 Decreased By ▼ -1.25 (-1.72%)
FFL 12.30 Increased By ▲ 0.04 (0.33%)
HUBC 110.05 Decreased By ▼ -0.69 (-0.62%)
HUMNL 14.43 Decreased By ▼ -0.08 (-0.55%)
KEL 5.15 Decreased By ▼ -0.04 (-0.77%)
KOSM 7.60 Decreased By ▼ -0.01 (-0.13%)
MLCF 38.85 Decreased By ▼ -0.05 (-0.13%)
NBP 63.50 Decreased By ▼ -0.51 (-0.8%)
OGDC 190.50 Decreased By ▼ -2.32 (-1.2%)
PAEL 25.50 Decreased By ▼ -0.18 (-0.7%)
PIBTL 7.32 Decreased By ▼ -0.02 (-0.27%)
PPL 151.60 Decreased By ▼ -2.47 (-1.6%)
PRL 25.60 Decreased By ▼ -0.23 (-0.89%)
PTC 17.76 Decreased By ▼ -0.05 (-0.28%)
SEARL 81.40 Decreased By ▼ -0.90 (-1.09%)
TELE 7.72 Decreased By ▼ -0.04 (-0.52%)
TOMCL 33.25 Decreased By ▼ -0.21 (-0.63%)
TPLP 8.30 Decreased By ▼ -0.19 (-2.24%)
TREET 16.50 Decreased By ▼ -0.12 (-0.72%)
TRG 56.75 Decreased By ▼ -0.65 (-1.13%)
UNITY 27.51 No Change ▼ 0.00 (0%)
WTL 1.35 Decreased By ▼ -0.02 (-1.46%)
BR100 10,470 Decreased By -34 (-0.32%)
BR30 31,007 Decreased By -219.2 (-0.7%)
KSE100 97,668 Decreased By -412.1 (-0.42%)
KSE30 30,356 Decreased By -203.2 (-0.66%)

The Faysal Bank has achieved a remarkable growth rate during the last five years. The bank has expanded branches' network, which marked commendable increase in its business profitability, the Bank sources said.
The bank has taken various initiatives that have resulted in its carving a respectable niche in the banking club for itself. The bank has realised the mercurial qualities of its President and CEO Farook Bengali and extended his services up to December 2008.
The bank has also made some organisational arrangements to continue its progressive march. Khalid Tirmizey, Country General Manager, Commercial Banking, has been appointed as a Deputy Chief Executive Officer, Ajaz Rahim is promoted as General Manager Investment Banking from October 1, 2005, Mohammad Khan Hoti would continue as Country Head, Investment Banking up to December 31, 2005. He would assume the position of Special Advisor to the President and CEO of the bank.

Copyright Business Recorder, 2005

Comments

Comments are closed.