Standard Chartered Bank team meets Finance Minister

Islamabad, August 11, 2015 (PPI-OT): A delegation of the Standard Chartered Bank led by CEO, Shahzad G. Dada called on the Finance Minister, Senator Mohammad Ishaq Dar here on Tuesday. While briefing the Minister about the regional and international profile of the Bank, the delegation evinced keen interest in arranging financing for different projects in Pakistan.

The Finance Minister appreciated the interest shown by Standard Chartered Bank for investing and financing in Pakistan. He said the government was according priority to projects in energy sector as it had a resolve to add more than 10,000 MW of electricity to the national grid by December 2017. He said the government welcomed international financing in the energy sector and would provide complete facilitation in this regard.

The visiting delegation also discussed with the Finance Minister Pakistan’s experience of launching Euro bonds and Islamic Sukuk during the last two years, that solicited tremendous international response at home as well as abroad. Senior officials of the Ministry of Finance attended the meeting.

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