Finance Minister apprised on Pak-Brunei investment plans
ISLAMABAD: Finance Minister Ishaq Dar here on Sunday chaired a briefing session by managing director Pak-Brunei Investment Company seeking details of its present investment financing profile and immediate future plans.
Pak-Brunei Investment Company is an investment finance company established as a joint venture between government of Pakistan and Brunei Investment Agency (BIA) that commenced operations in August 2007 said a
By APP
January 25, 2015
ISLAMABAD: Finance Minister Ishaq Dar here on Sunday chaired a briefing session by managing director Pak-Brunei Investment Company seeking details of its present investment financing profile and immediate future plans.
Pak-Brunei Investment Company is an investment finance company established as a joint venture between government of Pakistan and Brunei Investment Agency (BIA) that commenced operations in August 2007 said a press release.
Managing Director Ayesha Aziz said that Pak-Brunei plans to increase its small and medium enterprise footprint across various regions of the country.
She said that the company was in final stages of launching a modarba fund as its special future venture. The First Fund based on PE model will be established by March 2015.
Pak-Brunei also has plans for establishment of specialized vehicles for warehousing collateral management.
Finance Minister appreciated the company’s 100% recovery ratios particularly in SME financing and handling projects facing financial distress.
Pak-Brunei Investment Company is an investment finance company established as a joint venture between government of Pakistan and Brunei Investment Agency (BIA) that commenced operations in August 2007 said a press release.
Managing Director Ayesha Aziz said that Pak-Brunei plans to increase its small and medium enterprise footprint across various regions of the country.
She said that the company was in final stages of launching a modarba fund as its special future venture. The First Fund based on PE model will be established by March 2015.
Pak-Brunei also has plans for establishment of specialized vehicles for warehousing collateral management.
Finance Minister appreciated the company’s 100% recovery ratios particularly in SME financing and handling projects facing financial distress.
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