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BANK OF CREDIT ANDCOMMERCE (BCCI)
PRESENTED BY:SHAHJAMAL HASHMI
 
 
BRIEF HISTORY
•WELL-KNOWN ENTREPRENEUR OFPAKISTAN, KNOWN TO BE A MESMERISER IN TALK, FOUNDER OF UBL, AGHAHASSAN ABIDI TOOK A DIFFICULT STEPOF FORMING AN INTERNATIONAL BANK,AFTER BHUTTO NATIONALISED ALLFINANCIAL INSTITUTIONS IN 1972.•THIS HE DID WITH THE HELP OFINFLUENTIAL SHEIKHS OF GULFESPECIALLY THE U.A.E RULERS.•SOON AFTER THE ESTABLISHMENT OFBCCI, ABIDI STOLE AWAY MAJOR BRAINSFROM UBL AND OTHER BANKS TO BCCI.
 
 
SUCCESS STORY
•WITHIN A VERY SHORT PERIOD OF TIME,BCCI GAINED REPUTATION AS A LEADINGBANK OF THE WORLD, LARGE ENOUGH TOGRANT LOANS TO THE THIRD WORLDCOUNTRIES. THIS WAS BECAUSE OF THERAPID GROWTH AND THE TRUST OF THEPEOPLE IT ENJOYED THROUGHOUT THEMUSLIM AND THIRD-WORLD. ABIDIFREQUENTLY TERMED BCCI AS A ‘FAMILYBANK’ , WHICH ACTUALLY SEEMED TO BEA FAMILY OF CUSTOMERS ANDEMPLOYEES BOTH, BUT THISEVENTUALLY TURNED OUT TO BE THECAUSE OF BCCI’S MISERABLE DEMISE.
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