Leasing Association of Pakistan was established as an Association of Persons (AOP). The Association was granted Licence No.139 under section 3 of the Trade Organisations Ordinance, 1961 by Ministry of Commerce, Government of Pakistan on 28th March 1995 and thereafter granted Certificate of Incorporation under section 32 & 42 of the Companies Ordinance, 1984 by SECP with effect from 22nd June 1995.

Leasing in the organized sector started in mid Eighties and the first leasing company was established in 1985. Prior to eighties the concept of hire purchase was the only mode of installment sales, which was, rarely used. [ read more ]

I am pleased to present the 11th edition of the Leasing Year Book covering the activities of the Leasing sector for the year ended June 30, 2007. The identity of the Leasing Association of Pakistan (LAP) and is widely regarded as an authentic of the leasing sector of the Country. The current year’s Executive Committee records its appreciation of the tremendous contribution over the years by many members and the Secretariat of LAP in making this Year Book a widely acclaimed publication. The Association will continue its efforts to make further improvements in the contents of the Year Book. [ read more ]