NIB Bank
NIB Bank was a Pakistani bank which was based in Karachi, Pakistan. It was formed in 2003 as a result of merger of IFIC Bank and the National Development Leasing Corporation (NDLC), and this newly formed entity was called the NDLC-IFIC Bank (NIB). The bank was established through the efforts of Khuwaja Iqbal Hassan and Sultan Ali Allana (now Chairman, HBL). In 2004, soon after NIB's creation, Fullerton Financial Holdings a subsidiary of Temasek Holdings acquired a majority stake in the bank. This was one of the largest Direct Foreign Investment in Pakistan at that time.
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NIB Bank
NIB Bank was a Pakistani bank which was based in Karachi, Pakistan. It was formed in 2003 as a result of merger of IFIC Bank and the National Development Leasing Corporation (NDLC), and this newly formed entity was called the NDLC-IFIC Bank (NIB). The bank was established through the efforts of Khuwaja Iqbal Hassan and Sultan Ali Allana (now Chairman, HBL). In 2004, soon after NIB's creation, Fullerton Financial Holdings a subsidiary of Temasek Holdings acquired a majority stake in the bank. This was one of the largest Direct Foreign Investment in Pakistan at that time.
has abstract
NIB Bank was a Pakistani bank ...... ow stand amalgamated into MCB.
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fate
Merged withMCB Bankin 2017
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founding year
industry
key person
revenue ($)
service
successor
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46,603,388
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999,435,932
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fate
Merged with MCB Bank in 2017
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industry
key people
Teo Cheng San, Roland
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Yameen karai
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name
NIB Bank
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products
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Deposits
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consumer loans
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medium term finance
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seasonal finance
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trade finance
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transaction banking
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wealth management
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working capital finance
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revenue
subsid
PICIC Asset Management Company
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successor
traded as
KSE: NIB
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NIB Bank was a Pakistani bank ...... ment in Pakistan at that time.
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label
NIB Bank
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wasDerivedFrom
homepage
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name
NIB Bank
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