The Bank of Punjab (BOP) and Karandaaz Pakistan join forces in a strategic alliance aimed at revolutionizing Pakistan's Agriculture Sector under Karandaaz’s inaugural Digital Financing for Agriculture (DFA) Challenge 2023. The landmark Agreement, inked on April 1, 2024, signals the commencement of pioneering initiative geared towards enhancing digital agriculture loans and fostering financial inclusion nationwide.
ISLAMABAD: Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative dedicated to scaling innovative and sustainable solutions aimed at promoting a green economy and addressing the critical challenges of climate change in Pakistan.
ISLAMABAD, January 12, 2024: National Credit Guarantee Company Limited (NCGCL) will be the first- ever specialised market-based SME credit guarantee facility for enhancing SMEs’ access to finance in Pakistan, said Dr. Shamshad Akhtar, the caretaker minister for Finance, Revenue, and Economic Affairs, on the launch of Pakistan’s first specialised credit guarantee company for SMEs in collaboration with Karandaz.
ISLAMABAD: Karandaaz successfully conducted specialised training sessions, in collaboration with DEMO, to train 145 women entrepreneurs in various cities across Pakistan, including Hunza, Gilgit, Peshawar, Hyderabad and Multan.
Pakistan generates over 3.3 million tons of plastic waste annually, most of which ends up in landfills, dumped illegally, or litter the countryside and waterways. This problem is expected to worsen significantly, reaching a staggering 12 million tons annually by 2040 if left unchecked.
The policy rate of the Central Bank of Pakistan is the interest rate at which the State Bank of Pakistan (SBP) lends money to commercial banks. The policy rate is one of the main tools of monetary policy, which aims to control inflation, promote economic growth and maintain financial stability.
Pakistan is among those groups of countries that are most vulnerable to climate change. The ND-GAIN Country Index, an index that summarizes a country's vulnerability to climate change, ranks Pakistan at 150th among 181 countries in 2021.
Pakistan generates over 3.3 million tons of plastic waste annually, most of which ends up in landfills, dumped illegally, or litter the countryside and waterways. This problem is expected to worsen significantly, reaching a staggering 12 million tons annually by 2040 if left unchecked.
The policy rate of the Central Bank of Pakistan is the interest rate at which the State Bank of Pakistan (SBP) lends money to commercial banks. The policy rate is one of the main tools of monetary policy, which aims to control inflation, promote economic growth and maintain financial stability.
Pakistan is among those groups of countries that are most vulnerable to climate change. The ND-GAIN Country Index, an index that summarizes a country's vulnerability to climate change, ranks Pakistan at 150th among 181 countries in 2021.
KARANDAAZ PAKISTAN is a not-for-profit special purpose vehicle set up under Section 42 in August 2014. Karandaaz is the implementation partner of the Enterprise and Asset Growth Programme (EAGR) and Sustainable Energy and Economic Development (SEED) programme of UK’s Foreign, Commonwealth & Development Office (FCDO). SEED is grant funded by FCDO whereas EAGR is co-funded by FCDO and Bill & Melinda Gates Foundation on grant basis.
