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Bank of Punjab Fuels Green Revolution: 10,000 Students to Get Affordable Electric Bikes

At the latest Planning and Development (P&D) Board gathering, chaired by Bilal Afzal, the spotlight shone on a visionary initiative: the provision of electric bikes to students. The dynamic session saw Chairman Iftikhar Ali Sahu and Secretary Muzaffar Khan Sial delving into a range of proposals to propel this transformative idea forward.

HBL Acknowledged as the Foremost Remittance Mobilizing Bank in Pakistan

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The Transport Department took center stage, presenting an intricate plan that outlined the integration of electric bikes into the market through strategic collaborations with renowned companies such as Honda. Further enhancing the potential impact, the Bank of Punjab stepped forward with a pledge to extend access to electric bikes to 10,000 students, implementing a minimal markup to facilitate affordability.

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Bank of Punjab Commits to Green Mobility: Pledges Affordable Access to Electric Bikes for 10,000 Students

Bilal Afzal, Minister of Planning and Development, underscored the necessity for a rational and economically viable financing model. Proposing a groundbreaking approach, he advocated for the initial distribution of these eco-friendly e-bikes to eligible and high-achieving students through the banking system. The overarching goal is to foster sustainable and environmentally conscious transportation choices within the student community, aligning with broader initiatives promoting a greener future.

Meezan Bank Joint Financial Advisor for Historic Ijarah Sukuk Issuance by Government of Pakistan

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