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Saudi Pak Leasing Company Limited (formerly Standard Chartered Merchantile Leasing Company Limited) was incorporated in January 1991. In October 1997, Saudi Pak Industrial & Agricultural Investment Company(SAPICO) acquired the entire 30% shareholding of Standard Chartered Bank. At present Saudi Pak Islamabad holds almost 35% shareholding of company. The company's present Board, duly constituted in the 25th AGM held on March 22, 2016, consists of Two (02) Nominees of SAPICO while the remaining Five (05) Directors are minority / independent Direcors in terms of Code of Corporate Governece, 2012. FPT clearence for each Director has yet to be granted by SECP. Saudi Pak Leasing Company (SPLC) its Head Office at Karachi has one branch office at Lahore and Islamabad respectively. The company is listed on Pakistan Stock Exchange.
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