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JS Bank information


JS Bank
Company typePublic
Traded as
PSX: JSBL
IndustryBanking, Finance, Investment Banking
FoundedApril 2007; 17 years ago (2007-04)
FounderJahangir Siddiqui
HeadquartersKarachi, Pakistan
Key people
  • Adil Matcheswala (Chairman)
  • Basir Shamsie (CEO)
ServicesConsumer Banking, Corporate Banking, Investment Banking, Investment Management, Finance, Digital Financial Services, Branchless Banking, Business Banking, Loans, Savings and Financial Products
RevenueIncrease Rs. 21.11 billion (US$73 million)[1] (2022)
Operating income
Decrease Rs. 2.13 billion (US$7.4 million)[1] (2022)
Net income
Decrease Rs. 2.13 billion (US$7.4 million)[1] (2022)
Total assetsIncrease Rs. 616.72 billion (US$2.1 billion)[1] (2022)
Total equityDecrease Rs. 21.547 billion (US$75 million)[1] (2022)
Number of employees
4,306[1] (2022)
ParentJahangir Siddiqui & Co.
Websitewww.jsbl.com

JS Bank Limited (JSBL) (جے ایس بینک لمیٹڈ) is a Pakistani commercial bank headquartered in Karachi, Pakistan. The bank is a prominent majority-owned subsidiary of JS Group. The bank was established in April 2007 as a result of the merger of two mega corporates, Jahangir Siddiqui Investment Bank Limited and American Express Bank. JS Bank Limited currently operates branches across Pakistan, as well as an international branch in Manama, Bahrain.[2]

The Pakistan Credit Rating Agency Limited (PACRA) maintains the long-term entity rating of JS Bank Limited (JSBL) to ‘AA-(Double A Minus). Meanwhile, short-term entity rating is maintained at ‘A1+’ (A One Plus).[3]

  1. ^ a b c d e f "JS Bank Annual Report 2022" (PDF). jsbl.com. Retrieved 22 November 2023.
  2. ^ https://jsbl.com/wp-content/uploads/2021/03/JS-Bank-Limited-Financial-Highlights-2015-to-2020.pdf [bare URL PDF]
  3. ^ "Press Release".

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