The first branch of Escorts Investment Bank Limited was inaugurated at Bahria Town Lahore by Chief Executive Officer Ahmad Ali Riaz Malik, EIBL Chief Executive Officer Zain Malik, and CEO Naveed Amin Khwaja.
Bahria Town CEO Ahmad Ali Riaz Malik said on the occasion the opening of branch at the housing society was aimed at providing more facilities to the financial challenged dwellers. All those buying a plot or constructing a house in the society would be offered loans on very less interest loan.
He said the second branch of EIBL would be opened in Karachi on Feb 19, while the third branch would be inaugurated in Rawalpindi in the last week of the current month.He said Escorts Investment Bank Limited is now equity compliant, and with the injection of Rs1.2 billion in the form of investment, all its licences have been renewed.
The new bank administration, under its new policy, has cleared all amounts including the accumulating profits to the active account holders.
All the stakeholders and the Stock Market Lahore have shown complete trust in the new administration of the bank. Its proof is that from March 13, 2017 to Feb 14, 2018, its share worth at stock market, increased its market capitalisation from Rs428.211 to over 1.853 billion. People attached with the sector as well as common people have welcomed the opening of the EIBL branch at Bahria Town Lahore.
Escorts Investment Bank's Business Plan is focused on Enhanced Profitability and Sustainable Growth through a broader range of Products & Services, Capacity Building in terms of Human Resource, Infrastructure, Systems Support and Risk Management Policies.
Escorts Investment Bank Limited, Ground Floor, 26 Davis Road, Lahore
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