A committee comprising Ministers for Finance & Revenue, Law & Justice, and Industries & Production with the Governor State Bank of Pakistan (SBP) as special invitee recommended the restructuring of IDBP as Industrial Development Bank Limited (
IDBL) by insurance of vesting order.
The Board also agreed to proceed with submitting a proposal to the Cabinet Committee on Privatisation (CCoP) to include Industrial Development Bank Limited (
IDBL) in the privatisation program.
ISLAMABAD, December 16, 2009 (Balochistan Times): The National Assembly Standing Committee for finance has refused to approve the bill seeking establishment of Industrial Development Bank Limited (
IDBL) despite of the strong support by its chairperson Fauzia Wahab.