JS Bank successfully acquired a majority stake of 75.12% in BankIslami Pakistan Limited, propelling JS Group's consolidated balance sheet past PKR 1 Trillion milestone and establishing the conglomerate as a key player in Islamic banking also.
JSCL won Certificate of Merit in BCR Award for the Year 2022 in ‘NBFIs andMutual Fund Sector’.
JS Bank Limited launches ‘Zindigi’ as Pakistan’s first digital only product offering a complete suite of financial services.
JSCL won 1st Position in BCR Award for the Year 2021 in ‘NBFIs and Mutual Fund Sector’ held by the Institute of Chartered Accountants of Pakistan and the Institute of Cost and Management Accountants of Pakistan.
JSCL also won a Certificate of Merit in the category ‘Financial Services Sector’ of SAFA Best Presented Annual Report Awards 2021.
In capacity of Consultant to the issue and Book Runner, JS Global Capital Limited has undertaken the single-largest, historical and record setting private sector IPO of Air Link Communication Limited amounting to PKR 6.43 billion.
JS Global Capital Limited become first brokerage firm to provide market making services to Exchange Traded Funds in PSX.
In capacity as a consultant to the issue, JS Global Capital Limited successfully carried out IPO of AGP Limited as Pakistan’s largest IPO of Pharmaceutical Sector.
JS Global Capital Limited become first and only brokerage firm to issue a Commercial Paper amounting of PKR 1,000 million.
JS Bank Limited opens first international branch and celebrates its 10 year anniversary.
Disposal of investment in PICT for PKR 3.7 billion (14x investment multiple).
Equity placement of USD 158 million to international investors.
Acquisition of American Express Bank’s Pakistan branches and merger with Jahangir Siddiqui Investment Bank to form JS Bank Limited.
Joint Venture with Global Investment House to form JS Global Capital Limited. Joint Venture with Dubai Bank to form BankIslami Pakistan Limited.
Investment in Pakistan International Container Terminal Limited (“PICT”).
Purchase of Citicorp Investment Bank in Pakistan and renamed it to Jahangir Siddiqui Investment Bank.
Investment to form JS Investments Limited (formerly ABAMCO Limited), the first private sector Asset Management Company with founding partners IFC and Invesco PLC (previously known as Amvescap).
Listed on stock exchange and joint venture with Bear Stearns and IFC.
Corporatization of business and incorporation of JSCL.