First Credit & Investment Bank Limited
PPSX:FCIBL74.28
PKR
+3.47
(+4.90%)
ISIN
PK0094101018
Return %
Stock
S&P 500
1Y
311.52
14.20
3Y
1,044.53
81.12
5Y
961.14
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- Karachi Pakistan
- IPO Date
- Jul 9, 2008
- Website
- fcibank.com.pk
- Similar Companies
- Business
- First Credit & Investment Bank Limited (PSX: FCIBL) is a Pakistan-based Non-Banking Finance Company (NBFC) licensed by the Securities and Exchange Commission of Pakistan (SECP) to provide comprehensive investment banking, fund-based lending, and advisory financial services. Founded in 1989 and headquartered in Karachi, Pakistan, the company operates as a joint venture between the National Bank of Pakistan (NBP) and the Water & Power Development Authority (WAPDA). FCIBL delivers financial solutions to corporate enterprises, financial institutions, public sector entities, and retail clients across Pakistan through structured offerings that include: corporate finance and investment banking services, such as syndicated financing, debt and equity underwriting, project finance, loan syndication, private placements, capital restructuring, and transaction advisory; fund-based credit solutions, such as short-term and long-term term finance facilities, working capital finance, bridge funding, and consumer credit products secured against mutual fund units, government securities, and National Savings Certificates, as well as vehicle lease and auto financing; treasury and money market services, such as money market brokerage, interbank placements, foreign exchange trading, and investments in government securities, including Treasury Bills and Pakistan Investment Bonds; and non-funded credit facilities, such as bid bonds, performance guarantees, financial guarantees, and standby letters of credit (SBLC). In recent strategic developments, FCIBL has restructured its operational model to diversify revenue streams across core fund-based lending and non-conventional fee-generating business lines, while scaling up its money market and foreign exchange interbank brokerage operations. The company has also aligned its operational and risk governance frameworks with updated SECP regulatory requirements, including the full implementation of IFRS 9 expected credit loss accounting models, and maintained its stable credit profile with reaffirmed entity ratings of A for long-term and A1 for short-term from VIS Credit Rating Company Limited.