First Credit and Investment Bank Corporate Briefing Presentation and Notice

Key takeaways

• FCIBL was established in 1989-90 as a joint venture of NDFC and WAPDA with the initial name First Credit & Discount Corporation (Pvt) Ltd and initial capital of Rs. 10 million.
• During 2006, the company expanded its mandate and obtained an Investment Finance Services license, subsequently renaming to FCIBL, and completed an IPO of Rs. 250 million in August 2008.
• VIS Credit Rating Company maintains FCIBL rating at A for long term and A1 for short term with a stable outlook as of May 16, 2025.
• In FY 2025-26, the footing of the financial position reached Rs. 4.4 billion, which is the highest 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 for the year ended June 30, 2026.
• Break-up value per share stood at Rs. 13.73 as of June 30, 2026, based on a paid-up capital of Rs. 650 million and total equity of Rs. 892.56 million.
• Profit after tax for the year ended June 30, 2026, increased to Rs. 66.01 million compared to Rs. 56.27 million in the previous year.
• The company's existing operations span corporate finance, investment banking, treasury and money market, arbitrage, capital market, and fee-oriented MM & FX brokerage business.
• FCIBL is considering engaging in auto finance and digital lending business in the future under its permitted NBFC regulatory regime and Investment Finance Services license.
• The Board has appointed a qualified Shariah Advisor to guide the transition towards Shariah-compliant operations, review transactions, and provide training.
• Management plans to pursue vertical and horizontal expansion strategies to increase revenue streams as economic and business conditions improve.