JVFI Pakistan
Pakistan Joint Venture Financial
Institutions – An Overview
April 2013
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
Background
Post world war concept.
Development
“Development banks are government sponsored government-sponsored financial institutions concerned primarily with the provision of long-term capital to industry’’ 1
Unique objective of the economic development
Pakistan Industrial Development Corporation of p p
Pakistan (PIDC) - first Development Financial
Institution (DFI) - established in 1950.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
Leading DFIs in INDIA
Industrial Credit and Investment Corporation of India
(ICICI),
(ICICI) 2 formed in 1955 transformed its business from
1955,
a development financial institution to a diversified financial services group in 1990s. g p
Merger of ICICI and two of its wholly-owned retail finance subsidiaries, with ICICI Bank in 2002.
ICICI Bank – second-largest bank of India – with total assets of INR 4,736bln at March 31, 2012 earned a profit of INR 64bln for the same period.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
L di DFIs in INDIA
Leading DFI i
3
Industrial Development Bank of India Limited (IDBI),
1964,
established in 1964 was transformed into a commercial bank in 2004.
Merger of IDBI Bank Limited with IDBI Limited – the parent company in 2005.
Currently working as IDBI Bank Limited, the bank s
Limited
bank’s total assets size reached to INR 2,908bln as on March
31, 2012, while it registered a profit of INR 20bln for that period.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
DFIs in PAKISTAN
Sr. #
1.
1
2.
Segment
DFI
Industrial Development Bank of Pakistan
Pakistan Industrial Development
Institutions – An Overview
April 2013
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
Background
Post world war concept.
Development
“Development banks are government sponsored government-sponsored financial institutions concerned primarily with the provision of long-term capital to industry’’ 1
Unique objective of the economic development
Pakistan Industrial Development Corporation of p p
Pakistan (PIDC) - first Development Financial
Institution (DFI) - established in 1950.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
Leading DFIs in INDIA
Industrial Credit and Investment Corporation of India
(ICICI),
(ICICI) 2 formed in 1955 transformed its business from
1955,
a development financial institution to a diversified financial services group in 1990s. g p
Merger of ICICI and two of its wholly-owned retail finance subsidiaries, with ICICI Bank in 2002.
ICICI Bank – second-largest bank of India – with total assets of INR 4,736bln at March 31, 2012 earned a profit of INR 64bln for the same period.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
L di DFIs in INDIA
Leading DFI i
3
Industrial Development Bank of India Limited (IDBI),
1964,
established in 1964 was transformed into a commercial bank in 2004.
Merger of IDBI Bank Limited with IDBI Limited – the parent company in 2005.
Currently working as IDBI Bank Limited, the bank s
Limited
bank’s total assets size reached to INR 2,908bln as on March
31, 2012, while it registered a profit of INR 20bln for that period.
Background
Profile
Performance
Assets
Quality
Capital
Structure
Outlook on the Sector
DFIs in PAKISTAN
Sr. #
1.
1
2.
Segment
DFI
Industrial Development Bank of Pakistan
Pakistan Industrial Development
Bibliography: Armendáriz de Aghion (1999, p. 83) http://www.icicibank.com/aboutus/about-us.html