National Development Finance Corporation: Difference between revisions
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'''National Development Finance Corporation''' (NDFC) is based [[Karachi]], [[Sindh]], [[Pakistan]]. National Development Finance Corporation is the largest development finance institution of Pakistan performing diversified activities in the field of industrial financing and investment banking. It was established through an Act of Parliament in 1973 to finance public sector industrial enterprises but, later on, its charter was modified to provide finance to the private sector as well. The Corporation's resources consist of funds generated through its own deposit schemes, lines of credit from the [[State Bank of Pakistan]] and multilateral credit agencies. |
'''National Development Finance Corporation''' (NDFC) is based [[Karachi]], [[Sindh]], [[Pakistan]] was founded by [[Zulfikar Ali Bhutto]]. National Development Finance Corporation is the largest development finance institution of Pakistan performing diversified activities in the field of industrial financing and investment banking. It was established through an Act of Parliament in 1973 to finance public sector industrial enterprises but, later on, its charter was modified to provide finance to the private sector as well. The Corporation's resources consist of funds generated through its own deposit schemes, lines of credit from the [[State Bank of Pakistan]] and multilateral credit agencies. |
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== achievements == |
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NDFC has established a most modern Computer Training Institute at Nawabshah, which was inaugurated by the Prime Minister Benazir Bhutto on July 13, 1994. This institution has been established with the most modern software tools, using state-of-the-art hardware computer training. |
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a US $ 425 million soft loan for Hub Power Project the largest thermal power project in [[Pakistan]] and approval given for US $110 million as mobilisation payment |
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[[Category:State corporations of Pakistan]] |
[[Category:State corporations of Pakistan]] |
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Revision as of 18:18, 21 October 2011
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National Development Finance Corporation (NDFC) is based Karachi, Sindh, Pakistan was founded by Zulfikar Ali Bhutto. National Development Finance Corporation is the largest development finance institution of Pakistan performing diversified activities in the field of industrial financing and investment banking. It was established through an Act of Parliament in 1973 to finance public sector industrial enterprises but, later on, its charter was modified to provide finance to the private sector as well. The Corporation's resources consist of funds generated through its own deposit schemes, lines of credit from the State Bank of Pakistan and multilateral credit agencies.
achievements
NDFC has established a most modern Computer Training Institute at Nawabshah, which was inaugurated by the Prime Minister Benazir Bhutto on July 13, 1994. This institution has been established with the most modern software tools, using state-of-the-art hardware computer training.
a US $ 425 million soft loan for Hub Power Project the largest thermal power project in Pakistan and approval given for US $110 million as mobilisation payment