KARACHI: As a leading player in the banking sector in Pakistan, Faysal Bank has now introduced first of its kind facility for digitally creating and trading in Investor Portfolio Securities (IPS) accounts.
The customers, by using Mobit Internet Banking/Mobile App on their devices could easily trade in government securities without physically visiting the branch, said release here on Tuesday.
Through ‘Faysal Self Invest’ the Mobit users would have access to a 24/7 live rate sheet quoting prices for Government of Pakistan Securities including Treasury Bills (T-Bills), Pakistan Investment Bonds (PIB’s) and Ijara Sukuks.
Faisal Banks’ customers can start investing through this platform with an amount as per investor guide lines provided by State Bank of Pakistan. This is another step towards digitalization whereby ‘Faysal Self Invest’ users can independently track maturities, coupons and yields of their investments enabling them to make prudent and timely decisions.
