Corporate Banking

Domestic Loan Markets

Leader in Domestic Loan Markets

Citibank has nurtured a diverse local investor base, demonstrated by its unmatched track record of raising financing in excess of PKR 20 billion for the local market on various occasions. These include:

Client Transaction Amount Date
Pakistan Mobile Communication (Pvt.) Ltd Syndicated Term Facility 1,400 million 2000
Pakistan International Airlines Local Currency Future Receivables Securitisation 3,000 million 1999
Clariant Loan Syndication 200 million 1999
Askari Leasing Limited Shell Rental Receivables Securitisation 146 million 1998
Dewan Group Syndicated Term Facility 650 million 1998
Daewoo Corporation NHA/GoP Receivables Securitisation 1,000 million 1998
Daewoo Corporation NHA/GoP Receivables Securitisation 1,500 million 1998
Pakistan Tobacco Co. Ltd Pakistan Tobacco Co. Ltd 2-year Syndicated Facility 200 million 1998
Engro Chemicals Pakistan Limited* Acquisition financing for Pakarab Fertiliser 6.6 billion 1997
Dawood Hercules Chemicals Limited* Acquisition financing for Pakarab Fertiliser (Privatisation) 4.5 billion 1997
Kot Adu Power Company 3-year Working Capital Facility, 3 year Standby Letter of Credit 4,500 million 1997
Kot Adu Power Company Working Capital Facility 2,750 million 1996
Sui Northern Gas Pipelines Limited 5-year Syndicated Term Facility 500.0 million 1996
International Brands Limited Short/Medium Term Facility 410.0 million 1995
Pakland Cement 5-year Term Finance Facility 300.0 million 1995
Water and Power Development Authority 1-year Facility 1,150 million 1994
Water and Power Development Authority 15-month Facility 1,195 million 1993
Pakistan Telecommunications Corporation 9-year and 6-months 1,075 million 1993
Water and Power Development Authority 1-year Facility 500 million 1992

* Facilities not disbursed as privatisation put on hold.