National Development Finance Corporation
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The National Development Finance Corporation (NDFC) was a corporation owned by the Government of Pakistan, with the original main purpose of providing financing to public enterprises. Later its objectives were expanded to also provide financing to private enterprises as well. It was created in 1973 through an Act passed by the Parliament of Pakistan, under the premiership of Zulfikar Ali Bhutto. It was amalgamated into the National Bank of Pakistan, by the regime of General Pervez Musharraf in 2001.[1][2]
References
- ^ "NDFC to be merged with NBP". Dawn. Retrieved 4 July 2016.
- ^ "NA committee discusses NDFC repeal bill". Dawn. Retrieved 4 July 2016.
Categories:
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- Short description matches Wikidata
- Government-owned companies of Pakistan
- Banks of Pakistan
- 2001 mergers and acquisitions
- Defunct government departments and agencies of Pakistan
- 1973 establishments in Pakistan
- 2001 disestablishments in Pakistan
- Government of Zulfikar Ali Bhutto
- Pakistani companies disestablished in 2001
- Pakistani companies established in 1973