Ownership structure is one of the vital strengths of PCICL. Our sponsors ar:
Ministry of Finance - Government of Pakistan
Ministry of Finance as a major pillar of the Government of Pakistan is tasked to ensure a strong Pakistan economy by developing policies of sound economic management and providing expert advice to the Government. The Ministry deals with the subjects pertaining to finance of the Federal Government and financial matters affecting the country as a whole, preparation of annual budget statements and supplementary/excess budget statements for the consideration of the parliament accounts and audits of the Federal Government Organization etc. as assigned under the Rules of Business, 1973.
China Development Bank - Peoples Republic of China
China Development Bank (CDB) is the world's largest development finance institution and the largest Chinese Bank for Financing Corporations, Long Term Lending and bond issuance. It was founded in 1994 as a policy financial institution under the direct leadership of the State Council of China. It was incorporated as China Development Bank Corporation in December 2008, and officially defined by the State Council as a development finance institution in March 2015.
At the end year 2021, CDB had the total assets of RMB 17,167.941 billion, growing by 0.38% year on year. CDB made a net profit of RMB 80.794 billion, net interest income, as the leading source of Bank’s income, reached RMB 143.632 billion, ROA of 0.47%, ROE of 5.35% and capital stability of 11.66%. Professional credit rating agencies, including Moody's and Standard & Poor's, have rated the CDB as the same level as the China's sovereign rating.