January 10, 2022 (MLN): The name of Orix Leasing Pakistan Limited has been changed to OLP Financial Services Pakistan Limited, effective from January 12, 2022, a notice issued by exchange showed today.

Whereas, the stock symbol will remain unchanged as “OLPL”, the notice said.

Last year in September,  the board of directors of OLPL decided to rebrand the company in line with the vision of enhancing its corporate image as an SME-focused financial services company.

The Board was of the view that a change in the company's name is an essential step in developing the company's image as a multi-product innovative financial institution rather than simply a leasing company. The new name reflects the company's focus on providing a full spectrum of financial services to its customers with particular emphasis on serving the needs of the SME sector.

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