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Students of Hailey College of Banking and Finance visit Lahore Stock Exchange as part of campus outreach program - Press Release issued by Lahore Stock Exchange

January 24, 2014

Following is the text of press release issued by Lahore Stock Exchange (LSE) Quote Students of Hailey College of Banking and Finance visited the Lahore Stock Exchange as part of the Campus Outreach Program under Financial Literacy Initiative. Here, they were given an insight about practical aspects of various financial institutions and investment avenues by industry professionals. The visit was part of the nationwide Campus Outreach Program launched by the Lahore Stock Exchange in collaboration with South Asian Federation of Exchange (SAFE). Managing Director and Chief Executive Officer of Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry was the chief guest of this event. Miss. Gitee Bhatti from Corporate Communications Department briefed the students on the need for setting up CDC and various facilities being offered by CDC not only to add efficiency but also for increased transparency and investors confidence. She explained as to how investors can use various CDC services for protecting their portfolios. Mr. Zafar Iqbal , an Incharge Lahore Branch of CDC also informed the students about depository services provided to a wide range of Capital Market participants which includes Brokers, Asset Management Companies, Banks (including Custodian Banks) and general retail investors. He informed the students that. aim of CDC is to operate as a central securities depository on behalf of the financial services industry so as to contribute to the country's ability to support an effective capital market system which will attract institutional and retail level investors from Pakistan and abroad. Later, the students visited various banks and brokerage houses where they were given synopsis on the functioning of these institutions such as live market trading, banking products and services, lending and borrowing services, clearing and local as well as international remittances, etc. The purpose of visit was to allow the students to interact with various financial industry practitioners in a stock exchange setting and get a chance to visit different financial institutions all at one location. The Program is part of the Financial Literacy Initiative for the promotion of youngsters’ understanding of financial products and concepts, their ability and confidence to appreciate financial risks and opportunities to make informed choices, to know where to go for help, and to prepare today’s youth for better understanding of the economic/financial affairs affecting them. Educational institutions are joining hands with LSE to participate in series of sessions on financial literacy. As part of the Campus Outreach Program, Lahore Stock Exchange has already held two sessions at Hailey College of Banking and Finance . In the first two sessions students were apprised about the savings, investment and investment alternatives, foreign exchange, stock analysis and valuation techniques, financial markets and regulatory environment, market dynamics, market indices, market sensitivity, securities evaluation including fundamental as well as technical analysis, banking services, leasing, insurance and various corporate matters as applicable in Pakistan . The ”Campus Outreach Program“ has received an overwhelming acclamation from various blocs of the societies. The Program is launched under the broader Financial Literacy Initiative by the LSE in collaboration with South Asian Federation of Exchange (SAFE). Campus Outreach Program - FLI is neither intended to promote or publicize any particular type of investment or product, nor is it aimed to endorse any specific kind of financial institution or market. For more information, contact: Barkat Ali Anjum Deputy Manager-Media and Public Relations Department Lahore Stock Exchange (LSE) Cell: +92 306 4506086 Tel: Direct +92 4236280792, +92 423636 8000 Ext. 5031-5032 Fax: +92 42 3636 8485 - 111 441441 Email: Web: Unquote

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Source: Pakistan News Releases

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