KARACHI: Faysal Bank Limited has received an upgraded long-term entity rating of AA+ from the Pakistan Credit Rating Agency (PACRA), reflecting improved financial strength and stability following its transition to a fully Islamic banking model. The bank’s short-term rating remains at A1+ with a stable outlook.
The upgrade highlights the bank’s performance across key financial indicators and its expanding footprint in Pakistan’s banking sector. The development is significant for investors and customers as it signals enhanced creditworthiness and operational resilience.
Growth in deposits and digital banking
According to PACRA, Faysal Bank reported strong growth in digital banking, with transaction volumes exceeding Rs3 trillion. Retail deposits rose to over Rs1.4 trillion, marking a 36.7% increase compared to December 2024.
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Current accounts also grew by 31.3% to Rs536 billion, indicating an expanding low-cost deposit base and increasing customer engagement.
Income and financing expansion
The bank posted total income of Rs99 billion in 2025, supported by net spreads of Rs69.6 billion. Non-funded income also contributed to overall performance, with fee income rising by 22.7% and foreign exchange income increasing by 46.7%.
Faysal Bank’s financing portfolio expanded by 37.6% to Rs872 billion, raising its market share to 6.1%. The advance-to-deposit ratio improved to 61.1%, significantly above the industry average.
Improved risk profile and capital strength
The bank reported a reduction in its infection ratio to 2.3%, reflecting strengthened risk management practices. Its capital adequacy ratio stood at 14.0%, remaining above regulatory requirements.
Faysal Bank also plans to issue Tier-II capital to support future growth and balance sheet expansion, according to the agency.
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