National Development Finance Corporation

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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.

Retrieved from "http://en.wikipedia.org../../../n/a/t/National_Development_Finance_Corporation_2b14.html"

Categories: State corporations of Pakistan | Banks of Pakistan

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• This page was last modified 22:17, 19 May 2006 by Wikipedia user Sohailstyle. Based on work by Wikipedia user(s) Siddiqui and Bobo192.
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