Faysal Bank

[4] In July 2020, it was fined Rs 96.1 million for violations in CDD, foreign exchange, KYC, and operations asset quality.

[4] Despite these setbacks, Faysal Bank managed to recover and even double its initial deposit base by the end of 2005.

[4] This recovery was largely attributed to deposits from Arab-owned businesses, particularly the Attock Group, which has a presence in Pakistan's oil industry.

[8][12] In March 2008, Faysal Bank appointed Naved A. Khan, a former banker at ABN Amro, as its new head.

[4] He implemented major changes, which included dismissing many existing staff members and hiring a large team from ABN Amro.

[14] Nauman Ansari, who succeeded Naved Khan, focused on integrating the acquisition and streamlining the bank's operations.