Sunday, 5 October 2014

INVESTMENT COMPANIES IN PAKISTAN

 1.      National Investment Trust Limited:
The National Investment Trust Limited (NITL) is the first Asset Management Company of Pakistan, formed in 1962, had Funds under management of Rs. 86 billion, with approximately 53,323 unit holders as on June 30, 2014. NIT's distribution network comprises of 23 branches, various Authorized bank branches all over Pakistan.
2.      Pak China Investment Company Limited:
Pak China Investment Company Limited (PCICL) is a Development Financial Institution (DFI) formed under the initiatives taken by Government of Pakistan and Peoples Republic of China for promotion of Trade, Investment and Economic Growth of Pakistan. The company was incorporated in July 2007 with an Authorized Capital of USD 200 Million and was formally launched in December 2007. The company is a joint venture in which equity is equally contributed by Government of Pakistan and China Development Bank. Pak China Investment Company Limited in view of its inherent strengths and mandate aims to become a hub for investment activity and add value to sectors like Industry, Agriculture, Services, Information & Technology, Manufacturing, Real Estate and Infrastructure etc., for which we offer conventional and innovative solutions to Investors and Projects through a full range of Investment Banking services.
3.      Al Meezan Investment Management Limited:
Incorporated on February 27, 1995, Al Meezan Investment Management Limited is one of the pioneers in private sector mutual funds in Pakistan with a solid track spanning over 19 years. We are the largest asset management company in private sector in Pakistan currently managing assets of Rs.57 Billion. We are a group company of Meezan Bank Limited and Pakistan Kuwait Investment Company Private Limited.
4.      Pakistan Industrial Credit and Investment Corporation:
Pakistan Industrial Credit and Investment Corporation (PICIC) is a financial institution in Pakistan, one of the first Development finance institutions established with the World Bank Group assistance in 1957. In 2007, PICIC Commercial Bank was bought by Singapore owned NIB Bank. Recently, NIB Bank has sold its thirty percent stake to Sakib Berjees & Consortium Private Limited. Recently, Picic Insurance Ltd announced that Sakib Berjees along with a consortium of investors is in the process of establishing a special purpose vehicle (SPV) to be named Sakib Berjees & Consortium (Private) Limited for the acquisition of 30% stake in the Company from NIB Bank Ltd which currently holds 30% stake only in the Company. The Sakib Berjees and Consortium already owns Car4u Private Limited
5.      ORIX Leasing Pakistan limited:
ORIX Leasing Pakistan Limited – OLP is Pakistan’s leading leasing company. ORIX Leasing Pakistan Limited was established in 1986 as Orient Leasing (Pvt) Limited, a subsidiary of Orient Leasing Company Limited, Japan’s largest leasing conglomerate. It was converted into a public limited company in December 1987. In December 1989, the Company’s name was changed to ORIX Leasing Pakistan Limited in line with the change in name of its Parent company to ORIX Corporation. The Company is listed on all three stock exchanges in Pakistan. OLP completed its 25 years in Pakistan in the year 2011.
6.      Lakson Investment Company:
The management team has a combined experience of 50 years in both domestic and international markets.  On average, our team members have worked together for about 5 years in different capacities in the asset management industry of Pakistan and all of our department heads have a proven track record of delivering results and working together as a team in an exemplary fashion. Mr. Lakhani   (CEO) has over 13 years of investment and portfolio management experience in domestic and international equity and fixed income markets.
7.      BMA Asset Management Company:
BMA is amongst the leading financial groups in Pakistan. BMA Capital’s core areas of business include Equity MarketsTreasury MarketsCorporate Finance & AdvisoryResearch, and Retail Brokerage. BMA Capital is the leader in privatisation advisory in Pakistan, having successfully advised on over 50% of all privatizations in Pakistan, by value, in transactions valued in excess of US$4 billion. Recent transactions include joint lead managing the $813 million GDR Offering of 10% of OGDCL on the London Stock Exchange in 2006-07, and advising Escalate on their successful acquisition of a 26% strategic stake in Pakistan Telecommunications Company Limited (PTCL) for US$2.6 billion, the largest M&A transaction and foreign direct investment in Pakistan’s history. The firm is among the top brokers in the Pakistan equity and treasury markets, and is among a handful of firms that comprehensively cover all segments of the capital markets. This is supported by a very strong and independent research capability, which is quoted regularly in both local and international media. BMA Capital’s retail brokerage brand, BMA Trade, has launched a nationwide network of branches as well as a comprehensive online trading platform, enabling investors across Pakistan to take part in the capital markets. 
8.      KASB Investment Banking:
The Investment Banking Group at KASB serves as a trusted advisor to premier clients, helping them develop and achieve their strategic objectives and meet their financial needs. As the leading investment banking group in Pakistan, KASB has extensive knowledge of domestic markets and industries and well-established relationships with local and international investors. KASB is the only local investment bank to be affiliated with a global bulge-bracket bank, i.e. Bank of America - Merrill Lynch (BofA Merrill Lynch). Access to BofA Merrill Lynch’s investment banking professionals and distribution capabilities around the world gives KASB a global understanding and reach coupled with strong local knowledge.
9.      PRIMUS Investment Management Limited:
Primus Investment management limited is a nonbanking finance company, licensed by the securities and exchange commission of Pakistan to manage open and closed end funds with the paid up capital of PKR 250 million.
10.  OIL & GAS Investment Limited:
Oil & Gas Investment Limited (OGIL) is a 100 % Pakistani Company established in year 2004, with the objective of playing a significant role in oil & gas exploration and production sector. OGIL has hydrocarbon producing assets as well as exploration acreage. OGIL is committed to explore new hydrocarbon reserves through its highly experienced Oil & Gas professionals.
11.  Escort Investment Bank Limited:
This company was established 1995 and the main headquarter is in Lahore. It is registered in Karachi and Lahore stock exchange. After the full SOWT analysis the company was launched in 2002 January. It is an investment company within NBFC which is designed and regulated by SECP .The main purpose of this company is to achieve profitability and sustainability in growth of infrastructure, HR, risk management policies by providing a high range of products in the market. The main objective of Escort Company is to provide shareholder satisfaction for which Escort bank offers different kinds of financial services in Pakistan. It gives following types of schemes for example
High income saving certificate
Income growth certificate
Money multiplier certificate
12.  First Credit And Investment Bank Limited
FCIBL was established on 31 august 1989 as a credit and discount private company, according to the Company Ordinance 1984. It is a joint venture of WAPDA (water and power development authority) and NBP (national bank of Pakistan).  In 2003 FCIBL  was converted into a public company after the success in the bonds issues by the WAPDA and aviation authority. Firstly 50% ownership was with NCB and WAPDA each but after distribution of new shares worth 250millian rupees .their ownership has been reduced to 30%each and 38%is given to shareholders .  The main objective of this company is to benefit the capital market of Pakistan by providing capital debt instruments. It also offers funding and non funding facilities to entities so that development is achieved by business entities
13.  First Dawood Investment Bank Limited
First Dawood investment bank was established in 22 June 1994. This company started working with a paid up capital of 250 million as a leasing company named Dawood leasing company. It is also registered in the Karachi stock exchange. Some of the features of First Dawood Bank are given below:
Subscription of 140 million
Public offering of 95 million
Achievement of 12.22 billion in balance sheet over thirteen years
Good returns to investors
14.  IGI Investment Bank Limited
IGI investment bank limited is a joint venture America express bank, international finance corporation and packages group. IGI was established and incorporated in 1990. Currently IGI is listed in all three exchanges of Pakistan that are Lahore, Karachi and Islamabad. It is also licensed by SECP (security and exchange commission of Pakistan). In short term credit rating for IGI is A2 and for long term credit rating is A-.
IGI is working for more than 20 years and has provided reliability in its services to individuals and corporations.IGI is striving to be more efficient in its investment services on the same time is working to expand in its growth and size.IGI is working hard so that the customers can get access to expertise and resources of investment banking, mutual funds, security brokerage, insurance etc.
15.  Innovative Investment Bank Limited
Innovative investment bank limited was incorporated in 2007 in Lahore Pakistan and is licensed by SECP to provide leasing, investment services to the local and foreign clients. It is a subsidiary of Innovative global business group limited. It was first named Innovating house financing limited but in 2008 it was changed to Innovative investment bank limited.
It issues finance leasing, cash deposit and housing finance services.
IIBL direct the needs of its clients through wealth management
IIBL offers a wide range of products and services.
IIBL provide such services that create trustworthy relationship with the customers
16.  Security Investment Bank Limited
Security Investment Bank limited was established in 23 MAY 1991 after getting permission from the federal government to work as an investment finance company. It was listed in stock exchange of Pakistan on 6 January 1992 and it is a public limited company. The symbol SIBL is used in stock exchange for the security investment bank limited shares. For short term credit rating of SIBL is A2 and for long term it is A.
SIBL aims to give its utmost services to its clients that work efficiently and effectively manage and produce client relationship
  • To  promote industrial development by providing financial services
  • To nourish return on shareholders’ investment and long term earnings

17.  Trust Investment Bank Limited
Trust investment is the largest investment bank which holds largest leasing portfolios in the country and its branches in Punjab, Sindh and NWFP. It was incorporated in 1992. Its credit rating is BBB in short term and A3 in long term according to PACRA. There are 5 branches of Trust investment bank limited employing 43 employees. It is the only bank that provides investment facility to urban centers in Karachi, Lahore, Islamabad and Faisalabad and also small towns like Multan.
18.  Trust investment bank limited wants to achieve a better place in market by creating good relation with its shareholders and stakeholders by competing the challenges of financial market place. This company wants to earn customer satisfaction and value to shareholders.

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