Financial Inclusion
SECP Approves Rs. 1.16 Billion Capital Raise for Apna Microfinance Bank
Apna Microfinance Bank Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to raise Rs. 1.16 billion through the issuance of new ordinary shares, marking a significant development for the bank’s capital strengthening efforts. The approval allows the microfinance institution to issue approximately 116.06 million ordinary shares against share deposit money. […]
Jubilee Life, Kashf Foundation Launch ‘Khushal Mustaqbil Takaful’ to Empower Women Financially
In a major step toward financial inclusion, Jubilee Life Insurance, Kashf Foundation, and United Nations Development Programme have jointly introduced “Khushal Mustaqbil Takaful (KMT),” a micro-savings and protection solution tailored to strengthen the financial resilience of women in underserved communities. The partnership was formalized at the Kashf Foundation head office in Lahore, marking a significant […]
PM Shehbaz Sharif Highlights Raast’s Role in Driving Cashless Economy and Financial Inclusion
Prime Minister Shehbaz Sharif has praised Raast, Pakistan’s national payment system, for its pivotal role in promoting a cashless economy and advancing financial inclusion across the country. Speaking to the newly appointed members of the Raast board at the PM House on Thursday, the prime minister emphasized the importance of accelerating efforts to encourage businesses […]