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Pakistan Industrial Credit and Investment Corporation information


Pakistan Industrial Credit and Investment Corporation
IndustryBanking and Financial
Founded1957; 67 years ago (1957)
Headquarters
Pakistan
Subsidiaries
    • PICIC Assets Management Company
    • PICIC Commercial Bank

Pakistan Industrial Credit and Investment Corporation (PICIC) is a financial institution in Pakistan, one of the first development finance institutions established with the World Bank Group assistance in 1957.[1] In 2007, PICIC Commercial Bank was bought by Singapore owned NIB Bank.[2]

  1. ^ "PICIC: Corporate Profile (Pakistan Industrial Credit and Investment Corporation)". Dawn (newspaper). 1 May 2002. Retrieved 1 October 2021.
  2. ^ PICIC merged with NIB Bank Business Recorder (newspaper), Published 1 January 2008, Retrieved 2 October 2021

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