1. Mr. Rashid Mansur hosted lunch in the honor of Mr.Khalid A. Mirza, Chairman of Monopoly Control Authority on 2nd July, 2007.

(Lahore, 2nd July).The invitees included President’s and Chief Executive’s of Leading Banks & Financial Institutions and Members of the Business Community.... >>>

2. Great scope for Turkey-Pakistan Joint-Venture. Mr. Rashid Mansur
(BR 25 May, 2007).

LAHORE, May 29 (APP): Chairman Investment Banks Association of Pakistan (IBAP), Rashid Mansur has urged Turkish businessmen to benefit from the opportunities for Business Process Outsource Companies (BPO) in Pakistan.

 "Major industries utilizing the services of BPO are Banking, Financial Services, Insurance, Health Care, IT Services, Travel and Telecommunications," he said while delivering a key-note address at Second International Turkish Asian Congress recently held in Turkish port city of Istanbul.

Rashid Mansur said that American companies spend over US $ 120 billion per year on BPO services. Fortune 500 customers are looking for multi-country solutions to mitigate location exposure, he added.

He said that Pakistan generated revenue worth US $ 300 million through software exports and outsourcing during 2004-2005.

Pakistan has a visible advantage in the region for the BPO companies due to lowest bandwidth costs, English speaking and educated population and low operational cost, he said.

Mansur said Pakistan and Turkey could mutually benefit through the Holding and Subsidiary Company Structure. The holding company can be established in Turkey with its Marketing Office from where all the business and invoices would be generated.

The Operational Back end can be set up in Pakistan vide its Subsidiary to reap the benefits of IT infrastructure and cost effective skilled labor, he added.
(BR May25,2005)

3. NBFC Rules: iBAP team meets SECP Chief.

LAHORE (June 09 2006): A delegation of Investment Banks Association of Pakistan (IBAP), led by its chairman Rashid Mansur, ... >>>

4. IBAP to discuss local investment banks' issues on monday.

LAHORE (June 01 2006): Investment Banks Association of Pakistan (IBAP) - Board of Directors would meet on Monday (June 5) in Karachi, to discuss the issues being faced by the local investment banks... >>>

5. NBFCs Rules of business being amended.

LAHORE - May 31, 2006: The Rules of Business of Non-Banking Finance Companies are being amended and Securities and Exchange Commission of Pakistan has circulated the draft of amendments among the stakeholders.... >>>

6. Escorts Bank - IFC Conference on corporate governance.

LAHORE, May 31, 2006: Policy being Devised for Economic Growth.
Securities and Exchange Commission of Pakistan (SECP), Commissioner Salman Ali sheikh said a national corporate responsibility strategy was being evolved for long-term economic growth.... >>>

7. Escorts Bank Short-Term Rating Upgraded.

KARACHI (December 30, 2005): JCR-VIS Credit Rating Company Ltd has maintained the medium to long-term entity rating of Escorts Investment Bank Limited (EIBL) at 'A' (Single A) with a 'stable' outlook and upgraded its short-term rating from 'A2' (A Two) to 'A1' (A One).

The Escorts Investment Bank has broadened the base of business activities over the last couple of years and earnings have improved considerably over this period. A 40 percent rights issue has also improved capitalization with equity increasing by about 60 percent from June 04 to September 05. Improved diversification in the institution's earning base would further support assigned ratings.

The short-term ratings reflect the bank's currently strong liquidity profile. The
JCR-VIS believes that reducing reliance on short-term money markets for funding
and cultivating presence in the primary funds market can also provide increased financial flexibility to non-banking finance companies.
(Source: Business Recorder)

For Details please click: Credit Rating

8. IBAP Lunch Hosted In The Honour of Dr. Tariq Hassan, Chairman, SECP (December 21, 2005).

For News Detail - Please click: SECP for Improving Finacial Health, Performance of NBFCs.

9. Brief Recording of Escorts Bank was published in Business Recorder on November 19, 2005.

For Detail News please click: Brief Recording

10. A Meeting of the Board of Directors of Escorts Bank was held on September 21, 2005 to finalize Annual Accounts.

To see the Annual results please click: Annual Report 2005

11. Rashid Mansur Elected IBAP President - Business Recorder (September 15, 2005)

Lahore (September 15, 2005): Board of Directors of the Investment Banks Association of Pakistan (IBAP) unanimously elected Rashid Mansur as the Chairman of the Association.

According to a Escorts Investment Bank Limited's spokesman here on Wednesday, Mansur was elected in a meeting of the Association that took place recently, which also unanimously elected Naim Farooqui, Managing Director and Chief Executive Officer of Orix Investment Bank Limited, as the Vice-Chairman of the Association.

Mansur is currently the President and Chief Executive Officer of Escorts Investment Bank Limited. He was widely credited for the phenomenal turn-around of the Bank since his appointment. He is an Associate of the Chartered Institute of Bankers London with specialization in International Finance and Investment and a fellow of the Institute of Bankers Pakistan.

Mansur has served for 18 years with Habib Bank Limited including 10 years on overseas assignments. Prior to joining Escorts Investment Bank, he served at various CEO and board level assignments in the Financial Sector. He was also the former Chairman of Board of Investment and Trade Punjab.

(Source: Business Recorder)

12. Mansur New Chairman of IBAP - The News (September 15, 2005)

Lahore (September 15, 2005): In a recent held meeting, the Board of Directors of
the Investment Banks Association of Pakistan (IBAP) unanimously elected Rashid Mansur as the Chairman of the Association.

Mansur is currently the President and Chief Executive Officer of Escorts Investment Bank Limited. He is an Associate of the Chartered Institute of Bankers London with specialization in International Finance and Investment and a fellow of the Institute
of Bankers Pakistan. He served for 18 years with Habib Bank Limited.

"The Capital Market Reforms introduced by the Securities and Exchange Commission of Pakistan, have made the Stock Markets more efficient, transparent, accessible
and acceptable, in terms of capping the Systemic Risk and induction of an efficient Settlement Process," he said while addressing the meeting.

Naim Farooqui, MD and CEO of Orix Investment Bank, was also elected as the Vice Chairman of the Association.

(Source: The News International)