Pakistan Industrial Credit and Investment Corporation

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Pakistan Industrial Credit and Investment Corporation (PICIC) is one of the first Development finance institutions established with the World Bank Group assistance in 1957 in Pakistan. Since then, it has been actively playing its due role towards economic development of the country.

PICIC is primarily engaged in catering to the financial needs of large and medium size industrial projects in the private sector, This assistance is provided within the framework of the industries which are covered under the Industrial Investment Schedules issued by the Government of Pakistan from time to time.

To further broaden its scope of financial services, and with a view to provide all financial services to its customers under one roof , PICIC acquired Gulf Commercial Bank (Ltd), in early 2001. The bank has been renamed as PICIC Commercial Bank (Ltd).

[edit] PICIC Subsidaries

[edit] External links

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