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Industrial Development Bank of Pakistan is located in Karachi, Sindh, Pakistan. It is among the oldest financing institutions in Pakistan. ==Introduction== Industrial Development Bank of Pakistan (IDBP) is one of Pakistan's oldest development financing institutions and was created with the primary objective of extending term finance for investment in the manufacturing sector of the economy. Over the years, however, the Bank has become an institution fostering the growth of Small and Medium Enterprises in the rural/less developed regions of the country. Industrial Development Bank of Pakistan is wholly owned by Pakistani government entities with 57% of its shares held by the Federal Government, 36% by the State Bank of Pakistan and 7% by provincial governments and other public sector corporations. Its Board of Directors consists of representatives of the private sector appointed by the Ministry of Finance. The IDBP has suffered from significant losses due to loan defaults. By the mid-2000s, the IDBP had accumulated a loss of about Rs27 billion and was insolvent. The Pakistani government merged IBDP with the profitable Investment Corporation of Pakistan in 2006 in part to improve IBDP's financial performance. The bank continued to struggle commercially and by end of 2009 the accumulated deficit had risen to Rs28 billion. The Pakistani government continues to explore ways to make IDBP economically viable.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Industrial Development Bank」の詳細全文を読む スポンサード リンク
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