CIRIN has recently secured an attractive credit package from NIB Bank Limited, to finance its growing Working Capital needs. A simple ceremony was held at NIB Bank, Industrial Area I-10 Branch, to mark beginning of formal relationship between the two organizations.
Both CIRIN and NIB Bank Limited share similar phases of evolution and exceptional growth. Where CIRIN recorded 2nd highest growth rate in Top100 companies of pharmaceutical industry (2007) turning into a promising prospect for 2008; NIB Bank, on the other hand, successfully acquired PICIC group to become 2nd largest bank (on the basis of equity) and 7th largest bank (on the basis of number of branches) in Pakistan.
Both organizations are driven by the similar ambitions to secure role of a leader in their own class. Perhaps this commonality will made this partnership a winning combination in time to come.
