BankIslami crosses 100,000 customer base

Karachi November 02, BankIslami Pakistan Limited, announced today that its customer base has crossed 100,000 mark. The Bank registered spectacular increase of 110% in the first 10 months of the year by establishing 52,500 relationships. This growth has helped BankIslami to register almost 100% growth in deposits as against 8% for the industry. In the last three years BankIslami has recorded consistent growth ir-respespective of market conditions. Earlier, it created history by opening more than 100 branches in less than three years. It is one of the three Banks in Pakistan where the rating has been up graded in 2009. The Bank is all set to break even in the fourth quarter this year.

Speaking in the occasion , Ayesha Ashraf Jangda , a spokeswoman of the Bank thanked the customers for their confidence and trust. At the same time it clearly shows the immense potential Islamic banking has within the country.