The National Clearing Company of Pakistan Limited has removed Escorts Investment Bank Limited from the list of securities eligible for the Securities Lending and Borrowing system and the Margin Financing system after the Pakistan Stock Exchange placed the company in the non-compliant segment.
According to an NCCPL notice, the restriction took effect on May 11, 2026, following a PSX notice issued on May 8.
As a result, shares of Escorts Investment Bank can no longer be used for securities lending and borrowing transactions or margin financing activities in the market.
The Pakistan Stock Exchange moved the company to the non-compliant segment after its statutory auditor issued an adverse opinion in the company’s audit report.
Escorts Investment Bank has posted losses for several consecutive years. Rating agency PACRA had also previously pointed to weak profitability, falling investment income, and non-compliance with the minimum capital requirement required for an investment finance services license.
Escorts Investment Bank is a subsidiary of Bahria Town and operates as a non-banking finance company with a focus on housing finance, microfinance, and gold finance. The company began commercial operations in 1996 and is listed on the Pakistan Stock Exchange.
