Innovative Investment Bank Limited (IIBL) was incorporated in March 2007 under the name and style of Innovative Housing Finance Limited (IHFL) having an authorized capital of Rs. 2.2 Billion and paid-up capital of Rs. 800 Million.. IHFL acquired the assets and liabilities of Crescent Standard Investment Bank Limited (CSIBL) in June 2007 and also increased its paid-up capital to Rs. 806 Million. In February 2008, IHFL was renamed as IIBL.
IIBL is a Non-Banking Finance Company (NBFC) and is licensed by the Securities and Exchange Commission of Pakistan (SECP) to engage in Investment Finance Services, Housing Finance and Leasing to local and foreign corporate clients.
IIBL is geared to manage the needs of the customers through wealth management by offering a broad array of products and services and building a relationship with the customer based on commitment, trust and dependability. |