<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FABL is the 2nd largest Islamic Bank of Pakistan with a
network of 722 branches and 1.5Mn customers. During CY23, the Bank opened 22
new branches. The Bank also plans to open more than 100 branches in CY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FABL recorded a PBT and PAT of PKR 41Bn and PKR 20Bn,
respectively during CY23, driven by the Net Spread improving from 4% to 6%.
Also, Other Income was up 35%YoY on the back of higher fee income and income
from foreign exchange. Cost to income ratio of the Bank dropped to 49%. ROE
arrived in at 25% for the year. CAR stands at 17.5%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Deposits clocked-in...
