In line with the Government’s efforts to give impetus to the SME sector, the State Bank of Pakistan (SBP) has recently conveyed its strong resolve to support the banking sector by issuing a risk coverage scheme, which will help the banking sector to double its SME exposure to Rs. 1.1 trillion during the next five years.
Driving Financial Inclusion: Faysal Bank’s Amal Women’s Account Now Digital
These strategic measures being implemented with the support of Pakistan Banks’ Association (PBA) dedicated taskforces, in collaboration with the Ministry of Finance, are expected to provide significant support to driving robust economic recovery and sustainable development in the country.
- ABHI Microfinance, Pathfinder Join Forces for Wage Access Innovation
- Easypaisa Marks First Year of Digital Banking with Stakeholder Dinner
- Faysal Bank Honored as Pakistan’s Best Bank (mid-sized) at Pakistan Banking Awards
- Campaign to Educate the Public Against Digital Financial Frauds
- Easypaisa Powers 9% of Pakistan’s GDP with 2.7 Billion Transactions in 2024
