The EXIM Bank of Pakistan Jobs
At the budget speech of FY 2015, Finance Minister announced to establish EXIM Bank. The objective of the bank is to promote expansion & diversification of the export base of the country by providing short term export credit facilities and long term financing facilities for setting up export oriented projects. The bank will also provide guarantees, insurance and other supporting services. The EXIM Bank of Pakistan has been incorporated as public limited entity on 11th June 2015; the Government of Pakistan being the major stakeholder. Its Board of Directors, Chief Executive Officer on acting basis and Company Secretary have been designated. In the budget for the year 2015-16, Federal Government allocated Rs. 10 billion for setting up the bank of which Rs. 7 billion as equity funds for the bank has already been released and Rs. 3 billion would be released in due course.