Investment Bank Ltd (ICIBL) has planned to start car financing as well as leasing services for small and medium enterprises.
Talking to journalists, banks CEO Khawaj Naveed said on Tuesday that the present management of the bank had successfully brought ICIBL back to growth track.
In 2010 and 2011 respectively, the bank had declared Rs2.69, and Rs1.53 EPS losses. It managed to declare 0.03 paisa EPS during the last quarter of 2012.
Mr Naveed said that Zahidjee Group had acquired the major shareholdings and management control of the bank from July 2011 with 56.80pc shareholdings.