Karandaaz Pakistan and the Bank of Punjab Join Forces to Digitize Agriculture Lending

Islamabad | Apr 1, 2024

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.

Karandaaz unveils GreenFin Innovations, offering concessional finance for enabling green economy & combatting climate change

ISLAMABAD | Mar 21, 2024

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.

Ministry of Finance and Karandaaz Pakistan launch Pakistan’s first specialised Credit Guarantee Company for SMEs

Jan 16, 2024

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.

Karandaaz launches WeHub, Empowers Women Entrepreneurs across Pakistan through Innovative Training Programmes

Jan 11, 2024

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.

Karandaaz hosts First Roundtable on Open Banking with Eco-system Experts

Dec 14, 2023

KARACHI: Karandaaz Pakistan, a development finance firm at the forefront of promoting financial inclusion and driving digital transformation in Pakistan, held the first roundtable session to deliberate on Open Banking with industry stakeholders including senior representatives from regulators, banks, fintechs and technology platforms among others. Karandaaz Pakistan recently issued a white paper that explores the advantages of open banking and deliberates on its prospects in Pakistan.

Karandaaz and Bank Alfalah Join Hands to Scale Up Female Agent Network and Enhance Financial Inclusion

Dec 14, 2023

Karachi, 20th November - Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz on Thursday, 16th November 2023 to expand the female agent network in Pakistan. This partnership was signed in the presence of Salim Raza, Chairperson Karandaaz, Atif Bajwa, President and CEO Bank Alfalah, Waqas ul Hasan, CEO Karandaaz, Muhammad Yahya Khan, Group Head Digital Banking Group and other senior members of Bank Alfalah and Karandaaz.

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