Introduction


LSE Finance Limited (PSX Ticker: LSEFSL) is licensed as an Investment Finance Services (IFS) providing entity under the Non-Banking Finance Companies (NBFC) regulations of the Securities and Exchange Commission of Pakistan (SECP).

The primary function of LSEFSL is to provide finance for the equity shares transactions under the margin financing system (MTS) of the National Clearing Corporation of Pakistan Limited (NCCPL). The company also aims to venture into digital finance and deposit taking services after obtaining requisite permission from the SECP. Besides, LSEFSL also aims to acquire an electronic money institution (EMI) license from the State Bank of Pakistan (SBP) to offer digital payment services.

LSEFSL is the successor entity of the erstwhile Lahore Stock Exchange (LSE), which was given an NBFC license in 2016, subsequent to the merger of LSE’s stock exchange operations with the then existing two stock exchanges (Karachi and Islamabad Stock Exchanges) in the country leading to the establishment of Pakistan Stock Exchange (PSX). In 2023, LSEFSL was demerged into three companies whereby all non-compliant NBFC assets and functions were transferred to two other companies of LSE Group. In 2024, LSEFSL was listed on PSX under the court’s approved scheme of arrangement.