First Credit & Investment Bank Limited · PSX:FCIBL
First Credit & Investment Bank — Investor Presentation (October 2025)
34 slides from First Credit & Investment Bank's investor presentation, Oct 4, 2025
Slide 1: Corporate Briefing Presentation
First Credit and investment Bank Limited Corporate Briefing Presentation October 04, 2025 At FCIBL, 2nd Floor, SIDCO Avenue Centre, Karachi At 12:00 noon 1
Slide 2: Corporate Briefing
Corporate Briefing 1. History and Profile 2. Governance 3. Investment Banks- Problems / Challenges and FCIBL Standing 4. Major Achievements and Progress 5. Financial Performance 6. Operations at FCIBL 7. Permitted Business under IFS License 8. Transition to Shariah Compliant Operations 9. Future out
Slide 3: History and Profile
History and Profile FCIBL was Established in 1989-90 as Joint Venture of NDFC and WAPDA with the name of First Credit & Discount Corporation (Pvt) Ltd (FCDC) The initial capital was Rs. 10 million equally contributed by NDFC and WAPDA. Subsequently, in 1995-96 with Right of issue of Rs. 25 milli
Slide 4: History and Profile
History and Profile During 2006 it expanded its mandate & scope by obtaining License to provide Investment Finance Services (Investment Banking). In 2006 renamed as FCIBL. During 2008-9, got its shares listed on Karachi Stock Exchange by floating IPO of Rs. 250 million. FCIBL credit rating i
Slide 5: Governance
Governance Board of Directors The Board of FCIBL consists of seasoned bankers and experienced professionals suitably diversified into Non Executive, Independent and Executive Directors. 1. Mr. Fasial Ahmed Topra Chairman of Board of FCIBL /Non Executive /Non Independent Director. 2. Syed Irfan Husna
Slide 6: Governance
Governance 3. Mr. Asad Ullah Saleem Non Executive / Non Independent Director 4. Mr. Masood Raza Non Executive / Non Independent Director 5. Mr. Jamal Nasim Independent / Non Executive Director 6
Slide 7: Governance
Governance 6. Ms. Nina Afridi Independent / Non Executive Director 7. Mr. Amjad Iqbal Independent / Non Executive Director 8. Mr. Muhammad Mohsin Ali President and CEO of FCIBL 7
Slide 8: Governance: Committees of the Board
Governance COMMITTEES OF THE BOARD There are three Committees of the Board of FCIBL as follows; 1. The Audit Committee a) Mr. Jamal Nasim– Chairman b) Syed Irfan Husnain Rizvi – Member c) Mr. Asad Ullah Saleem – Member 8
Slide 9: Governance: HR & Remuneration Committee
Governance 2. The HR & Remuneration Committee a) Ms. Nina Afridi – Chairperson b) Mr. Fasial Ahmed Topra – Member c) Syed Irfan Husnain Rizvi – Member 9
Slide 10: Governance: Risk Management Committee
Governance 3. The Risk Management Committee a) Mr. Asad Ullah Saleem - Chairman b) Mr. Masood Raza - Member c) Ms. Nina Afridi - Member d) Mr. Amjad Iqbal - Member e) Mr. Muhammad Mohsin Ali - Member 10
Slide 11: Governance: Internal Controls and Compliance
Governance Internal Controls and Compliance FCIBL maintains high standards of governance, internal controls and risk assessment framework. Comprehensive policies and procedures have been approved by the Board covering all major spheres of operations and are reviewed and updated as per the changing r
Slide 12: Governance: Sound Internal Controls
Governance Due to sound internal controls and compliance function • FCIBL has never defaulted to any of its financial commitment. • FCIBL has never asked for any waiver/ write off or restructuring from its creditors / depositors. • No adverse findings. 12
Slide 13: Environmental and Corporate Social Responsibility
Governance Environmental and Corporate Social Responsibility FCIBL is fully aware of its environmental and Corporate Social Responsibilities and is ready to support social and environmental causes of the country. FCIBL also maintains compliance to all governmental and internal health, safety and the
Slide 14: Gender Diversity
Governance Gender Diversity FCIBL is an equal opportunity employer and believes in gender diversity and inclusiveness. It is ensured in FCIBL that no employee is discriminated on the grounds of their race, nationality, ethnic/ social origin, religious or political beliefs, age, gender, marital statu
Slide 15: Investment Banks- Problems / Challenges and FCIBL Standing
Investment Banks- Problems / Challenges and FCIBL Standing There are three major problems / challenges that Investment Banks in Pakistan have been facing since last many years. Liquidity Issue : Non availability of borrowing lines from Commercial Banks Competition : Throat-cut competition with Comme
Slide 16: Investment Banks- Problems / Challenges and FCIBL Standing (continued)
Investment Banks- Problems / Challenges and FCIBL Standing (continued) • Since the global financial crises of 2008, business activities of almost all the investment banks had become dormant. • Majority of investment banks incurred huge losses since the global financial crises of 2008 till 2018 aggre
Slide 17: Investment Banks- Problems / Challenges and FCIBL Standing (continued)
Investment Banks- Problems / Challenges and FCIBL Standing (continued) • Despite problems and challenges, FCIBL has been sustainable in doing its business during hard times. Its credit rating never went below investment grade. Rather, its short term rating upgraded to A1 during the current year and
Slide 18: Investment Banks- Problems / Challenges and FCIBL Standing (continued)
Investment Banks- Problems / Challenges and FCIBL Standing (continued) • FCIBL built up its equity to more than Rs.400 million through internal profits before going to listing in August 2008. • FCIBL is gradually expanding its business activities permissible under NBFC regulatory regime. • FCIBL has
Slide 19: Major Achievements and Progress-FY2024-25
Major Achievements and Progress-FY2024-25 FCIBL has achieved milestone of crossing the footing of its financial position to Rs.4.1 billion in FY 2024-25 which is ever highest in FCIBL’s history. FCIBL has also earned ever highest Revenue of Rs.602 million during the year. FCIBL has achieved ev
Slide 20: Financial Performance: Shareholders' Equity
Financial Performance Shareholders’ Equity As at June 30, 2025 (Rs In million) No. of Shares Amount Initial paid up capital (1989-90) 1.0 10.000 Right Issue (1995-96) 2.5 25.000 Bonus Issues (various years) 36.5 365.000 Pre-IPO Capital 40.0 400.000 IPO (August 2008) – (General Public) 25.0 250.000 P
Slide 21: Financial Performance (SOFP)
Financial Performance (SOFP) Particulars June 30, 2025 June 30, 2024 June 30, 2023 EQUITY & LIABILITIES ----------------- Rupees in thousand ------------------ Paid up capital 650,000 650,000 650,000 Reserves 208,985 152,390 127,706 Deficit on AFS inv 16,483 (15,522) (53,793) 875,468 786,867 723,913
Slide 22: Financial Performance (Profit & Loss)
Financial Performance (Profit & Loss) Particulars June 30, 2025 June 30, 2024 June 30, 2023 -------------- Rupees in thousand ---------------- INCOME 602,161 448,890 279,322 OPERATING PROFIT 41,751 22,166 1,669 PROFIT BEFORE TAX 68,139 42,338 30,434 PROFIT AFTER TAX 56,265 31,696 12,994 22
Slide 23: Financial Performance (2023–2025)
Financial Performance (2023–2025) 600,000 602,161 500,000 448,890 400,000 Amount (in Thousands) 300,000 279,322 200,000 100,000 56,266 41,752 31,696 22,167 12,994 1,669 - Revenue Operating Profit Net Profit 2025 2024 2023 23
Slide 24: Profit after Tax (in Millions)
Profit after Tax (in Millions) 44 SS 47 a2 10 39 32 33 32 29 31 24 24 20 16 8 8 3 i EEETEEEEaSE is BEEREESE 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 3 202 1 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 (6) (20) (40) (60) Net Profit (Millions) ie (71) (89) (109) Year First Cre
Slide 25: Breakup value per share
Breakup value per share 16.00 14.00 13.47 1256 47.44 12.11 12.00 1154 11.37 11.14 11.10 : arog 1228 1114 41.93 11.20 10.35 9.99 10.01 10.10 10.00 858 6.00 4.00 2.00 2025, 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 Rupees oo a 6 Years First Credit And Investm
Slide 26: Shareholders' Equity (Millions)
Shareholders’ Equity (Millions) 1,000 Historic High 900 875 809 800 724 722 700 600 548 492... 500 . 455 427 . 400 “ 400 356 316 300 200 100 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 Years ion 558 = & v 3 a a 3 z Firs
Slide 27: Total Assets (Millions)
Total Assets (Millions) Historic High 4,500 4,114 3,956 4,000 " 3,500 3,000 2,500 2,272 2,000 Dee, 2,059 . 1,801 1 739 1,764 1,518 4 465 1,500 1385 4 397 >: 1,346 1,354 1,155 1221 a. oon . 1,013 . oo a 1,000 837 com | vo 693 738 "704... 587 : | | | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2
Slide 28: Operations at FCIBL
Operations at FCIBL FCIBL’s existing business activities consist mainly of the following operations. - Corporate Finance Activities - Investment Banking Activities - Treasury & Money Market Activities - Arbitrage Business - Capital Market Activities - Fee Oriented MM & FX Brokerage Business 28
Slide 29: Permitted Business under IFS License
Permitted Business under IFS License As permitted under the NBFC regulatory regime, FCIBL being the license holder of Investment Finance Services is also permitted to undertake; Leasing Business Digital Lending through Fintech Housing Finance Services Discounting Services In this respect, th
Slide 30: Transition to Shariah Compliant Operations
Transition to Shariah Compliant Operations In line with the regulatory requirements and the Company’s commitment to Shariah compliance, the Board has appointed a qualified Shariah Advisor to provide guidance on Shariah-related matters and ensure adherence to Islamic principles in business operations
Slide 31: Future Outlook & Conclusion
Future Outlook & Conclusion FCIBL’s performance since its inception has been satisfactory. The Board and management has always adopted prudent approach for which it has in placed sound internal controls, risk management system and significant policies. Despite many challenges being faced, FCIBL has
Slide 32: Future Outlook & Conclusion
Future Outlook & Conclusion These development in business are achieved in-spite of cut-throat competition from commercial banks and human resource challenges being faced by FCIBL. Looking ahead, the Board remains committed to expanding core business operations while diversifying into new areas under
Slide 33: Q&A
Q&a First Credit And Investment Bank Ltd. 33
Slide 34: Thank You
THANK YOU First Credit And Investment Bank Ltd.
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