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Faysal Bank Limited (Urdu pronunciation: [ˈfɛj.səl bɛŋk] FAY-sul-BANK) is a Pakistani Islamic bank based in Karachi. [2] [3] Founded as Al-Faysal Investment Bank in 1995, it became an Islamic bank in 2023. It is named after Mohammed bin Faisal Al Saud. Over the years, Faysal Bank has been involved in multiple controversies.
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Deutsche Bank AG (Deutsche Bank Pakistan) Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Standard Chartered Bank (Standard Chartered ...
On the liability side, Summit Bank had minimal retail deposits and relied heavily on high-cost corporate deposits, resulting in a deposit cost of 14.5% in 2009—the highest in the industry. To address this, Lawai extended branch hours, introducing co-branded and prepaid debit cards, and focusing on remittances.
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The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both ...
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Roshan Digital Account (RDA) (Urdu روشن ڈیجیٹل اکاؤنٹ) is a facility available to non-resident Pakistanis, this facility allows Pakistani nationals living abroad to have access to banking services within Pakistan without having to visit a consulate, embassy, or a physical bank branch.
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