SPONSORS & SHAREHOLDERS

SPONSORS & MAJOR SHAREHOLDERS


First Dawood Investment Bank Limited

First Dawood Investment Bank Limited (FDIBL) was incorporated on June 22, 1994 as Dawood Leasing Company Limited, with a paid up capital of Rs. 250 million. It is listed on the Karachi Stock Exchange in Pakistan. Against the public offering of Rs. 95 million, the company received a subscription of over Rs.140 million despite bearish market conditions at the time of floatation. Currently its paid up capital is Rs. 1.48 Billion.

B.R.R. Guardian Modaraba

B.R.R. Investments (Private) Limited (BRRI) formed ] in April, 1983 to promote investments in Pakistan through leasing. The company was registered on August 7, 1984 as a Modaraba Management Company under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Guardian Modaraba merged with and into B.R.R. International Modaraba on July 01, 2006 and the name of B.R.R. International Modaraba was changed to B.R.R Guardian Modaraba. Consequently, the paid up fund of B.R.R Guardian Modaraba rose to Rs. 780.463 million. Crescent Standard Modaraba merged with and into B.R.R. Guardian Modaraba with effect from July 01, 2017. Consequently, the paid up fund of B.R.R Guardian Modaraba rose to Rs. 863.623 million.

The Modaraba offers lease financing to corporate entities as well as creditworthy individuals. The Modaraba also provides Musharaka, Morabaha and Equity Investments to cater the requirements of Trade & Industry. The Modaraba is unique among leasing companies and Modaraba in offering building leases. It offers the acquisition of buildings for its commercial clients through the medium of a building lease. The scheme provides both for the lease of a building on land owned by the client, or alternatively a lease encompassing both the provision of land and a building thereon.

The Bank of Khyber

The Bank of Khyber was established in 1991 through an Act passed by the Provincial Legislative Assembly. It was awarded status of a scheduled bank in September 1994. The Bank enjoys a unique position and stands out amidst other banks operating within Pakistan and has the privilege of being bracketed amongst the only four government banks in the country. The Bank has always played a vital role in the development of Khyber Pakhtunkhwa in particular and participated in the economic development of Pakistan in general.

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