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July 9, 2005 Saturday Jumadi-us-Sani 1, 1426


US company to launch new projects



By Our Staff Reporter


KARACHI, July 8: Pakistan-American financial company -– Anchor Finance Group — will enter into new projects, including e-commerce, Exim Bank credit, insurance and mortgage banking in Pakistan.

This was sated by the president of the Group Nasim Siddiqi during a presentation of his company’s portfolio at a luncheon recently hosted by Pakistan’s Commercial Counsellor at the Pakistan Consulate, New York.

According to a message received here, Mr Siddiqi while speaking to the forum emphasized the importance of strong support offered by Anchor Finance Group for Pakistan at various levels of financial and non-financial sectors.

He also focused on Anchor Finance Group’s determination in marketing Pakistan’s new economic infrastructure for investment in the global market. “We Pakistani-Americans owe a lot to Pakistan and it’s the right time to do something for our motherland,” he added.



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