JS Bank is part of the JS Group, one of Pakistanâ€™s most diversified and progressive financial services groups in Pakistan
Online PR News – 25-January-2017 – Karachi, Pakistan – anniversary under the leadership of its highly experienced management team.
Hosted by Sidra Iqbal a discussion was held with Ali Jahangir Siddiqui, Chairman of JS Bank at the Jahangir Siddiqui auditorium at the Institute of Business Administration in Karachi and was attended by the management and the employees. Ali spoke about the progress of the bank over the last 10 years and JS Banks vision for the future.
He reflected on the challenges of the financial industry of Pakistan and what he has envisioned for JS Bank in the future. Moreover he conveyed his personal outlook and experiences as a young experienced corporate leader in the financial sector.
Speaking on the occasion, Ali Jahangir Siddiqui said â€śI would like to congratulate all the stake holders of JS Bank especially the leadership team and staff for achieving this milestone through their consistent efforts to deliver value for our clients.
â€śWe have an exceptional team and our success is a testament to the high standard of services we provide to our clientsâ€ť. He further added that â€śJS Bank will continue to enhance its services to best serve its clients along with building its international presence. Through the years, weâ€™ve grown steadily to help meet our customersâ€™ changing financial needs but we havenâ€™t lost the personal touch that is at the heart of personalized banking.â€ť
Being the CEO of Mahvash & Jahangir Siddiqui Foundation (MJSF), a charitable foundation of the JS Group he also spoke about the numerous philanthropic initiatives taken by JS Bank in partnership with the Foundation. MJSF primarily focuses on healthcare, education, social enterprise and humanitarian relief. Through these and other initiatives, MJSF has provided opportunities to empower disadvantaged members of society.
JS Bank currently operates 307 branches in 152 cities with one overseas branch in Bahrain and offers a diverse range of financial services. Its long-term rating is 'AA- (Double A Minus) and short-term entity rating is 'A1+' (A One Plus). Based on the last three years the Compound Annualized Growth Rate (CAGR) of JS Bank deposits is 41% whereas the banking industry CAGR is 14%. This shows the trust of the depositors on the policies and future of the JS Bank as its deposit base is over Rs 200 billion.
JS Bank is part of the JS Group, one of Pakistanâ€™s most diversified and progressive financial services groups controlling and operating market-leading financial services companies in Pakistan across various sectors including commercial banking, asset management and securities brokerage. For additional information: please visit www.jsbl.com