Advisory Center for Affordable Settlements & Housing

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Pakistan’s Recovery of Loans Ordinance

Any company whether incorporated within or outside Pakistan which transacts the business of banking or any associated or ancillary business in Pakistan through its branches within or outside Pakistan and includes a government savings bank, but excludes the State Bank of Pakistan. A modaraba or modaraba management company, leasing company, investment bank, venture capital company, financing company, unit trust or mutual fund of any kind, and credit or investment institution, corporation, or company.

 


 

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