First Credit and Investment Bank Limited Corporate Briefing Presentation

Key takeaways

• FCIBL was established in 1989-90 as a joint venture of NDFC and WAPDA under the name First Credit & Discount Corporation (Pvt) Ltd with an initial capital of Rs. 10 million.
• During 2006, the company expanded its mandate and scope by obtaining a license to provide Investment Finance Services, being renamed as FCIBL.
• FCIBL got its shares listed on the Karachi Stock Exchange in August 2008 by floating an IPO of Rs. 250 million.
• FCIBL's credit rating stands at A for the long term and A1 for the short term with a stable outlook, as assigned by VIS Credit Rating Company on May 16, 2025.
• For the year ended June 30, 2026, the mean gender pay gap was 66.47% and the median gender pay gap was (4.87%).
• In FY 2025-26, the footing of the financial position crossed Rs. 4.4 billion, reaching an ever-highest level in FCIBL's history.
• FCIBL achieved an ever-highest net equity of Rs. 892 million and earned the highest ever net profit in its history during FY 2025-26.
• Shareholders' equity as of June 30, 2026, stood at Rs. 892.56 million with a break-up value per share of Rs. 13.73.
• Total assets reached Rs. 4,367.26 million as of June 30, 2026, compared to Rs. 4,113.82 million as of June 30, 2025.
• Profit after tax for the year ended June 30, 2026, increased to Rs. 66.02 million from Rs. 56.27 million in the previous year.
• Permitted businesses under the IFS license include leasing business, digital lending through fintech, housing finance services, and discounting services.
• FCIBL is considering engaging in auto finance and digital lending businesses in the future.
• The Board has appointed a qualified Shariah Advisor to provide guidance on Shariah-related matters and ensure adherence to Islamic principles as part of the transition to Shariah-compliant operations.
• Management aims to expand its operations on a horizontal and vertical format, improve asset quality, build infrastructure, and enhance capacity to meet future challenges and opportunities.