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Business & Finance Print edition: 2022-12-14

NFML to launch new product

Published Updated

FAISALABAD: NBP Fund Management Ltd (NFML) is going to launch a new product to enhance the scope and portfolio of mutual funds in addition to offering maximum return to the investors of the corporate sector, said Dr Amjad Waheed, CEO NFML.

He visited Faisalabad Chamber of Commerce & Industry (FCCI) on Tuesday and had detailed discussions with Dr Khurram Tariq, President FCCI. Sajjad Hussain Senior Finance Manager, Syed M Abdullah Zonal Head and Asim Nisar Rana of NFML were also present during this meeting.

Dr Amjad said that despite prevailing economic turmoil, Pakistan is included in the top ten economies of the world because of the size of its economy.

He stressed the need to drag Pakistan out of this crisis and said that the total portfolio of NFML is around Rs240 billion, out of which Rs24 billion has been invested by the corporate sector of Faisalabad.

Copyright Business Recorder, 2022

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