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AGA KHAN FUND OFFERS HIGHEST BID FOR PAKISTAN'S LARGEST BANK - 2003-12-30

Posted July 10th, 2007 by heritage
in
AKFED invested in Habib Bank Ltd., which was privatised by the Pakistan government. 2004-02-26

ISLAMABAD: The Aga Khan Fund for Economic Development (AKFED) on Monday gave the highest bid of Rs 22.409 billion ($389 million) for acquiring 51 per cent strategic stake in Habib Bank Limited (HBL). It was the biggest transaction in the history of Pakistan.

(AKDN reports below)

AKFED INVESTS $5.5 MILLION INTO DCB</I> - 2001-02-27

Posted July 10th, 2007 by heritage
in
akfed-pakistan-hbl_quetta_rhq_0 (1).jpg

Mumbai: The Aga Khan Fund for Economic Development (Akfed) has infused $5.5 million into the Development Credit Bank Ltd (DCB) thereby increasing its stake to 37.5 per cent from 13.55 per cent.

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