KARACHI, September 18, 2023: The SBP Banking Services Corporation (SBP BSC) has launched the Agriculture Finance Literacy Program (AFLP) through a series of five workshops conducted nationwide. This flagship initiative, as recommended by the Agricultural Credit Advisory Committee, seeks to raise awareness among the farming community regarding available financial schemes and government-driven initiatives. AFLP stands…
Karachi, March 04, 2021: A Memorandum of Understanding (MoU) was signed between Faysal Bank Limited and National Clearing Company of Pakistan Limited (NCCPL), a capital market infrastructure institution of Pakistan. The Pakistan Mortgage Refinance Company (PMRC) collaborated on the said initiative. Mudassir H. Khan, MD & CEO, PMRC was the Chief Guest at the occasion. Under…
Karachi, March 03, 2021: In Pakistan upper house’s (Senate) election, ruling party PTI nominated Dr. Abdul Hafeez Shaikh (Minster for Finance and Revenue) has lost to opposition alliance Pakistan Democratic Movement’s (PDM) Mr. Yousuf Raza Gillani from Islamabad. This was not expected as the government alliance had a thin majority in the lower house that…
Karachi, March 02, 2021: Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide and promote affordable housing finance in the country by signing Credit Guarantee Agreements with Credit Guarantee Trusts for Low-Cost Housing, set up by the Government of Pakistan with PMRC as Trustee. In the ceremony held at…
Karachi, October 19, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has become the first Bank in the country to disburse the first two Shariah-compliant housing finance facilities under Prime Minister’s Mera Pakistan Mera Ghar, Low Cost Housing Finance scheme on Friday, 16th October, 2020. The facilities were disbursed to Mr. Muhammad Anees who…