FCIBL holds corporate briefing session

Updated 05 Nov, 2019

 

First Credit and Investment Bank Ltd (FCIBL) held an informative corporate briefing session for investors and analysts at the auditorium of the Pakistan Institute of International Affairs, Karachi on October 25, 2019.

The management gave a comprehensive presentation to the audience in which they presented details about the Company's history, Investment Banks' Problems / Challenges, business operations, financial position and future prospects of FCIBL.

The corporate briefing session was followed by Annual General Meeting of Shareholders wherein the shareholders approved the Annual Audited Financial Statement of FCIBL for the year ended June 30, 2019 and approved the Cash Dividend as recommended by the Board.

FCIBL is the first Investment Bank which has announced payment of dividend to its valuable shareholders after last many years. This is a significant initiative keeping in view the hard time and challenges being faced by the entire Investment Banking sector in Pakistan. FCIBL is a joint venture of National Bank of Pakistan and WAPDA and is listed on Pakistan Stock Exchange Ltd.-PR

Copyright Business Recorder, 2019

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