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Faysal Bank Limited’s permission to conduct due dilligence of consumer finance business of Citibank N.A. Pakistan

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Karachi, June 26, 2012 (PPI-OT): The State Bank of Pakistan through its letter No. BPRD (RandP-02)/625-93/2012/7785 dated June 25, 2012 has granted approval to Faysal Bank Limited (FABL) to conduct the due diligence of the Consumer asset portfolio of Citibank N.A. (Pakistan Operations). The due diligence will commence subject to signing a confidentiality agreement in terms of applicable Laws, Rules and Regulations.

For more information, Contact:
Syed Majid Ali
Chief Financial Officer
Faysal Bank Limited
Faysal House, ST.02, Shahrah-e-Faisal,
Karachi, Pakistan.
UAN: 021 111 747 747
Tel: 021 3279 5200
Fax: 021 3279 5228


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