Manama: Ithmaar Bank, a Bahrain-based Islamic retail bank, announced its retail banking subsidiary in Pakistan, Faysal Bank (FBL), is showing improved profitability and expanding its branch network.
The announcement, by Ithmaar Bank chief executive and FBL vice-chairman Ahmed Abdul Rahim, follows the review and approval by the FBL board of directors of the financial results for the nine months ended September 30 .