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Saudi Pak Leasing Company Limited (SPLCL) (formerly Standard Chartered Mercantile 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. SAPICO is the second largest of the three investment companies set up by the Government of Pakistan as joint venture with other sovereigns.

The Saudi Arabian government holds 50% equity stake in SAPICO with the other 50% held by Pakistan. The Company has a seven member board of which three, including the CEO, represent SAPICO, two, the Paracha Group, and one each, the Premier Mercantile Services and NIT. SPLC is the fifth largest leasing company in Pakistan in terms of asset size. SPLC has offices in three cities with its head office based in Karachi. The company is listed on all the three stock exchanges in Pakistan.

Energy Solutions (Private) Limited has been appointed to act as an Asset Management Company on behalf of Saudi Pak Leasing Company Limited for their fleet of rental gen-sets.

 

Consumer Sector
Bank Alfalah, Standard Chartered and MCB Bank Limited in collaboration with ESL launched a campaign of Portable Generators through credit cards thus making them affordable for all and sundry. The salient features of this scheme included soft payment terms, free delivery, generous warranty terms, training as and when required, etc.
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Industry
ESL is proud to add Haier Pakistan to its prestigious customer list, when the incumbent company placed orders for Aksa Portables.
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Telecom
Ufone made ESL feel privileged by placing order of diesel sets.
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Oil and Gas
Total Parco made ESL feel indebted by placing order of scores of gensets of various ratings including 20, 40,60, 80 & 100 kVA for the whole year. .
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Banks
Summit Bank showed its trust in ESL by appointing it not only as service provider for its 150 branches but also for the purchase of dozens of gensets for its new branches and replacement.
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Textile
Sefam Group- the owners of Bareeze', Leisure Club, Minnie Minors, Chinyere, Home Expressions & Kayseria, expressed their confidence in ESL products by placing order on ESL.
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Hospitals
Dar ul Sehat Hospital demonstrated its confidence on ESL by purchasing Aksa Cummins of 880 kVA for its expansion facilities, along with extensive installation work.
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Educational Institutions
NED University of Engineering & Technology (LEJ Campus) bought a 350 kVA set for its labs established by Dow University of Health Sciences (DUHS).
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Insurance Sector
Jubilee Insurance placed order on ESL for the supply and installation of diesel generators.
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Food and Beverages
Kraft Foods (formerly Cadbury Pakistan) continued to patronize ESL by placing an order of 1.2 MW diesel set. This is in addition to 1 MW set, it bought earlier.
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Sports Highlights!
ESL played a series of two friendly T20 cricket matches against 360Training on September 15, 2012 at Dreamworld Cricket Stadium. Both the matches were cliff-hangers and ESL had the last laugh in each.
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