Professional Documents
Culture Documents
Faysal bank is a subsidiary to ITHMAAR BANK whose ultimate company is DMI group.
Faysal Bank started operations in Pakistan in 1987, first as a br set-up of Faysal Islamic Bank of Bahrain.
In 1994,it was Incorporated as Pakistani bank under the presen Of FAYSAL BANK LIMITED(FBL).
MISSION :Achieve leadership in providing financial services in chosen markets through innovation
CORE VALUES
INTEGRITY
OUR INTEGRITY:OUR VALUE
RESPECT
OUR RESPECT: OUR DUTY
TEAMWORK
OUR TEAMWORK:OUR ASSET
PROFESSIONALISM
OUR PROFESSIONALISM:OUR ASSET
Passion
Our Passion: Our Worth
Innovation
Our Innovation: Our Strength
Responsiveness
Our Responsiveness: Our Distinction
Compassion
Our Compassion: Our Gift
Acquisition of RBS Corporate & Investment Banking Corporate Social Responsibility Solitaire Wealth Management Islamic Banking Alternate Delivery Channels Launch of the Intranet Portal Commitment to Domestic Cricket
PRODUCTS
Deposit Products:
Basic Banking Account Faysal Sahulat - Current Account Faysal Business First - Current Account Faysal Moavin - Savings Account Faysal Izafa - Term Deposit Faysal Market Link - Savings Account Faysal Premium - Savings Account Faysal Savings Account Foreign Currency Account
a- Faysal FCY Savings Plus b- Mahfooz Sarmaya
Lending products
Faysal Bank Platinum Credit Card Faysal Bank mc2 Credit Card Faysal Bank Airblue Credit Card Faysal Bank Ufone Credit Card Faysal Balance Transfer Facility Faysal Khushaal Kisan Scheme Faysal Car Finance Faysal Home Finance
services
Faysal Pocketmate Faysal Lockers Sms Alert Service Western Union Transfer of Funds Internet Banking Non-Stop Banking
Corporate Financing SME Financing Trade Financing Treasury & Capital Markets Investment Banking Cash Management Financial Institutions
INVESTMENT BANKING
Project and structured finance Agency and trustee Debt capital markets Treasury and capital market
s
Islamic Banking
Barkat Islamic - Basic Banking Account Barkat Islamic - Current Account Barkat Islamic - Saving Account Barkat Islamic - Investment Certificate Barkat Islamic - Foreign Currency Account Barkat Islamic - Murabaha
BANCASSURANCE
Saving Plan
FINANCIAL ANALYSIS
Balance Sheet
Income Statement
Analysis
SWOT Analysis
Strengths,Weakness,Opportunities,Threats
Strong social links. Financially strong holding company i.e. (Ithmar bank which is owned by DMI group) .10th largest bank in Pakistan based on asset size. Faysal bank has a Short term credit rating of A1+ and long term credit rating of AA. Uses real time as well as online system.
Declining trend in banking sectors. Decrease in customers due to less attractive policies. Moving of key employees. Introduction of new products and services by competitor
PEST Analysis
Political
Economical
Social
Technological
Poor government policies. Americas undue influence on PAKISTAN. Increase terrorist activities.
Political instability
Increase interest rates. Increase in inflation. Poor monetary policies. IMFs influence.
Religious beliefs.
All departments should be facilitated equally ATM in every Branch Few Branches to be Open on Saturday and Sundays Delivery of Cheque Book on door step. Remote ATM (Petrol Pump, Motorway, Parks etc). Priority Given to Loyal Customers.
The salaries of employees are very attractive as compare to other Banks. The deposits of Bank are going to increase very sharply in 2011, but there long term debt paying ability is not good. At present there is no such organization in the world that is free from market challenges. The management of FBL is taking strategies steps to enable the bank to emerge as a strong and progressive institution.