Welcome to ORIX Leasing Pakistan Limited
ORIX Leasing Pakistan Limited – OLP is Pakistan’s leading leasing company. A part of ORIX Corporation Japan, OLP offers cost effective value-added products and customized services to a wide array of customers throughout the country. The blend of international experience and local expertise acquired over last 25 years provides OLP a distinctive competitive edge. OLP takes pride in the fact that it has played a major role towards economic development of the country by supporting Small and Medium Enterprises (SME) Sector and creating thousands of jobs directly and indirectly. It has helped grow numerous small businesses into medium sized enterprises. Today OLP stands as one of the most prominent Non-Banking Finance Companies in Pakistan with presence all over the country and a large network of individual and corporate customers.
Origin of ORIX
The name "ORIX" stems from a combination of the word "ORIGINAL" signifying creativity, and "X (or infinity)" representing flexibility and diversity. The name signifies our pioneering pursuit of innovation and organic unity of the Group.
Meaning of the Symbol
The multiple lines that run diagonally symbolize group companies, united for a single goal and leaping forward into the future. The sphere on the line represents a globe, signifying a global expansion of the Group.
25 Years of ORIX Leasing Pakistan Limited
ORIX Leasing Pakistan Limited was established in 1986 as Orient Leasing (Pvt) Limited, a subsidiary of Orient Leasing Company Limited, Japan’s largest leasing conglomerate. It was converted into a public limited company in December 1987. In December 1989, the Company’s name was changed to ORIX Leasing Pakistan Limited in line with the change in name of its Parent company to ORIX Corporation. The Company is listed on all three stock exchanges in Pakistan. OLP completed its 25 years in Pakistan in the year 2011.
OLP enjoys the highest credit rating in the leasing industry and has been assigned long term rating of AA+ (Double A Plus) and short term rating of A1+ (A One Plus). These ratings denote the lowest expectation of credit risk emanating from a strong capacity for timely repayment of financial commitments. OLP thanks all the customers and patrons who have supported the company in the first 25 years of operations.
Highlights
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In 1986, paid up of capital of the Company was Rs. 10 million, today shareholders’ equity of the Company is Rs. 2.2 billion.
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Company started modestly in a small office with a staff of 14 and the company today stands as a leader in the leasing industry with staff strength of over 450 and over 30 offices across the Country.
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OLP has played a crucial role in providing finance to Small and Medium Sized Enterprises (SMEs) that constitute over 80% of the total businesses in the country and till date provided finance worth around Rs 100 billion predominantly to the SMEs with a fairly good recovery ratio.
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Committed to its shareholders, OLP has paid dividends for 19 years in the range of 10% to 45%.
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The Company’s strength has been widely recognised and is the recipient of Corporate excellence award and certificates from Management Association of Pakistan.
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The Company’s former Chief Executive, Mr. Humayun Murad, was awarded Sitara-e-Imtiaz by the Government of Pakistan for services to the SME sector.
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Company has expanded beyond the borders and established leasing companies outside Pakistan in Middle East, North Africa and Central Asia. OLP has deputed 34 OLP staff members including Managing Directors to manage the operations of OLP associated companies.
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OLP enjoys the highest credit rating in the leasing industry and has been assigned long term rating of AA (Double A) and short term rating of A1plus (A One plus). These ratings denote the lowest expectation of credit risk emanating from a strong capacity for timely repayment of financial commitments.
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