Karachi: The NBFI & Modaraba Association of Pakistan has inked an agreement with Central Depository Company (CDC) to open an office at the Abbottabad Sarmayakari Markaz (ASM) for providing Investor Education and Awareness on the sector and expand the outreach of its members to the residents of Abbottabad and the surrounding cities of Haripur, Mansehra, and Balakot etc.
The agreement was signed by Mr. Ayaz Dawood, Chairman, NBFI & Modaraba Association of Pakistan and Mr. Aftab Diwan, CEO – CDC.
NBFI & Modaraba Association of Pakistan is a representative body of Modarabas, Leasing Companies, a few Investment Banks and a Window Takaful Operations operating in the country. ASM is Pakistan’s first ever Capital Market Business Hub, established by the Securities and Exchange Commission of Pakistan (SECP) in collaboration with the Central Depository Company of Pakistan Limited (CDC). Capital Market Business Hub is a concept of a centralized premises where major capital market entities maintain their presence.
