30 Years of ORIX Leasing Pakistan Limited

ORIX Leasing Pakistan Limited (OLP) celebrates 30 years in Pakistan, achieving an important milestone of its presence in the Country.

30 years ago leasing was largely an unheard of phenomenon in Pakistan. Financial sector was dominated by five state-owned commercial banks. It was then that a group of Pakistani investors led by our late founder Mr. Shakirullah Durrani took the initiative of establishing a leasing company in collaboration with Orient Leasing Company Ltd., Japan (the pioneer of leasing in Japan) and Bankers Equity Limited headed by Mr. D. M. Qureshi.

The partnership gave birth to Orient Leasing Pakistan (Pvt) Limited in July 1986 which was converted to 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.