Monday, 17 December 2012

Saudi Pak Leasing Company Limited

Address       6th Floor, Lakson Square Building, Sarwar Shaheed Road, Saddar     

City             Karachi                                                   

Phone         111-888-999 

Fax:            +92-21   5210607-8                                               



Company’s Profile
Saudi Pak Leasing Company Limited (formerly Standard Chartered Merchantile Leasing Company Limited) was incorporated in January 1991. In October 1997, Saudi Pak Industrial & Agricultural Investment Company(SAPICO) acquired the entire 30% shareholding of Standard Chartered Bank. SAPICO is the second largest of the three investment companies set up by the Government of Pakistan as joint venture with other sovereigns. The Saudi Arabian government holds 50% equity stake in SAPICO with the other 50% held by Pakistan. The Company has a seven member board of which three, including the CEO, represent SAPICO, two, the Piracha Group, and one each, the Premier Merchantile Services and NIT. SPLC is    the fifth largest leasing company in Pakistan in terms of assets. More info at: 

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