Brief Profile of the Bank

Pakistan Industrial Credit & Investment Corporation Ltd. (PICIC) was established in October 1957 by Pakistani & Foreign Investors with the assistance of the World Bank. PICIC is a private sector development finance institution with equity & asset base of US$ 143.45 million & US$ 681.17 million. PICIC is a pioneer development finance institution, which has played a key role in the industrial development and creation of industrial infrastructure in Pakistan. PICIC is a premier private sector development finance institution with diversified loan portfolio focusing on industrial and economic growth. PICIC's entity ratings is (long term: AA, short term: A1+).

Products and Services

PICIC offers wide range of product & services viz: long term project financing, leasing, syndication & consortium financing. PICIC also offers working capital financing and playing a pivotal role in SME financing too. To mobilize the deposits PICIC offers unique deposit schemes & long term duration.

Subsidiaries

PICIC Commercial Bank Limited
Asset Management Company
Financial Management Services