KARACHI: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double AA)’, by Pakistan Credit Rating Agency (PACRA). The Bank’s short-term rating is at A1+ (A-one plus) with a stable outlook.
This rating upgrade reflects FBL’s successful evolution into a fully-fledged Islamic bank, cementing its position as one of Pakistan’s foremost financial institutions, supported by strategic partnerships and a commitment to digital transformation.
FBL delivered a strong performance across key metrics during the period under review. Digital banking activity registered substantial growth with transactions exceeding Rs 3 trillion, while retail adeposits surpassed Rs 1.4 trillion, up 36.7 percent over December 2024. Current accounts expanded by 31.3 percent to Rs 536 billion, reflecting deepening customer confidence and continued growth in the Bank’s low-cost funding base.
Total income stood at Rs 99 billion in 2025, with net spreads recorded at Rs 69.6 billion and non-funded income recorded substantial growth, contributing significantly to the overall bottom line, including a 22.7% rise in fee income and a 46.7 percent increase in foreign exchange income.
Copyright Business Recorder, 2026
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