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 PKR 3 trillion, while retail deposits surpassed PKR 1.4 trillion, up 36.7% over December 2024. Current accounts expanded by 31.3% to PKR 536 billion, reflecting deepening customer confidence and continued growth in the Bank’s low-cost funding base. Total income stood at PKR 99 billion in 2025, with net spreads recorded at PKR 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% increase in foreign exchange income.
FBL’s financing portfolio expanded by 37.6% to PKR 872 billion, lifting market share to 6.1%, while the Advance-to-Deposit Ratio improved to 61.1%, significantly outpacing the industry average of 37.5%. Strengthened risk management practices reduced the infection ratio to 2.3%, and the Capital Adequacy Ratio remained at 14.0%, comfortably above regulatory requirements.
FBL also intends to issue Tier-II capital to support continued balance sheet growth. With a strategic focus on asset quality, operational efficiency, and digital innovation, the Bank is well-positioned to sustain its performance trajectory and deliver long-term value for its stakeholders.