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Appointment of Financial Advisor for SME Bank Limited

Financial Advisor for SME Bank Limited

Appointment of Financial Advisor : The SNE Bank Limited (“Bank”) was established as a Public limited Company In October 2001 won amalgamation of the Regional Development Finance Corporation (‘RDFC’) and Small Business finance Corporation (‘SBFC’). Government of Pakistan (‘GoP’) holds 93.89% shares of the Bank and the remaining shares are held by six (06) commercial banks. The Bank has paid up capital of Rs. 2.39 billion and is operating a network of 13 commercial branches. Government of Pakistan, through the Privatization Commission (‘PC’) intends to divest upto 100% of GoP equity stake in the Bank along with management control to a strategic investor (‘Transaction’). PC invites Technical and Financial Proposals (the “Proposals’) from the interested parties (IPs), comprising of investment Banks and/or Investment Advisory Firms and/or Corporate Finance Firms to act as Financial Advisors (‘FA’) for the Transaction. The FA is expected to associate Accounting and Law Firms, and should possess and demonstrate its proven track record of successfully undertaking similar responsible for identifying and performing tasks/activities leading to successful completion of the Transaction.
IPs are requested to submit a written Expression of Interest (‘EOI’) showcasing their expertise to undertake the assignment besides demonstrating track record of successfully managing and executing similar transactions. IPs are advised to submit EOIs, as early as possible, along with a non-refundable processing fee of Pak Rupees 10,000/- in the form of a Bank draft/ Pay order/ Banker’s cheque in favor of the Privatization Commission, Government of Pakistan, payable at Islamabad at the address mentioned in the Advertisement. Request for Proposal (‘RFP’) package, including the evaluation criteria, terms of reference and instructions for the technical and financial proposals, will be provided only to those IPs that submit an EOI with the requisite processing fee.

This advertisement is not intended to be, and should be construed as: (a) an offer or invitation to acquire any securities or assets of the entity; and (b) any representation or warranty, expressed or implied, with respect to any statement made herein. The Privatization Commission reserves the right not to respond to any request for preliminary or other information. Documentation accompanying and comprising and EOI, as provided by any IP, shall not be reclaimable or returnable.

Miscellaneous Vacancies are available in different cities of Pakistan. Check Details below and if you have expertise then apply today.

Date of Job: 

16-Nov-2015

Company No:
+92-51-9205146-47, +92-51-9205369, +92-051-9208505-6

 

Interview Date:
Not Mentioned

Reference: Jang Newspaper

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