Transcript of "Industrial development bank of pakistan"
IDBP is one of Pakistans’ oldest development
financing institution created with the primary
objective of extending term finance for investment in
the manufacturing sector of the economy.
IDBP has also become an important component of the
financial sector of Pakistan and is playing an active
role in money and capital market of the country.
Date of establishment.
“IDBP was established in August, 1, 1961.”
Head Office .
3rd Floor State Life Building No.2, Wallace Road,
Off: I.I. Chundrigar Road, Karachi-74000
Phone : +92-21-99213601-10, Fax : +92-21-99213644
Email : email@example.com
The Bank provides medium and long term finance in
local and foreign currencies for the creation of fixed
assets to new industrial projects as well as for
It also facilitates transfer of technologies from
developed countries to industrial enterprises in
Paid up capital.
IDBP is wholly owned by Government of Pakistan with
total paid up capital 500 Million, 57% of its shares held
by Federal Government, 36% by State Bank of Pakistan
and 7% by Provincial Governments and other Public
Sources of funds.
1 ) Borrowing from the Federal Government.
2 ) Borrowing from the state bank of Pakistan.
3) Re discounting of bills.
4) Time deposits.
5) Issue and sale of bonds and debentures.
Sort of financing assistant.
IDBP has the unique distinction of financing the first
ever projects for a diversified list of products like;
UHT pack milk,
radio/wireless receiving sets,
PVC deep sea fishing etc
DEVELOPMENT BANKING BUSINESS
Provides medium and long term finances
Provides guarantee, loans.
COMMERCIAL BANKING BUSINESS
Short term advances
Letter of Credit.
Foreign exchange accounts.
MERCHANT BANKING BUSINESS
Underwriting of public issue of shares
COLLECTION OF UTILITY BILLS
Telephone Bills at all branches, and Gas Bills at Branches in Karachi.
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