Advertisement
News

Bank Alfalah and BISP Join Forces to Empower Women Through Entrepreneurship and Financial Inclusion

Advertisement

Bank Alfalah, one of the leading commercial banks has been a trusted partner of Benazir Income Support Programme (BISP) for over 12 years, dedicated to the digital social cash transfer programme since 2011. This year Bank Alfalah, along with another partner bank was awarded the contract to serve 7 clusters out of 15 across the country, attaining the largest portfolio as single contracting institution for the BISP. With the signing of the new contract, the Bank will serve 4.3 million beneficiaries, which is 47% of the BISP beneficiary base.

In a recent meeting at BISP Headquarters, between Atif Bajwa, President & CEO of Bank Alfalah, and Muhammad Yahya Khan, Group Head of Digital Banking, conferred with BISP Chairperson Senator Rubina Khalid. The two organisations discussed their mutual readiness for the new clusters with a strong emphasis on treating BISP beneficiaries with the utmost respect and dignity.

The discussion also focused on the Bank, actively developing and implementing new innovative projects aimed at empowering beneficiaries financially as well as providing and continuously promoting financial literacy in order to enable them to become financially independent.

Bank Alfalah has remained resolute in its commitment to support millions of BISP beneficiaries. The Bank has digitally disbursed over PKR 388 billion, since 2011 to the recipients, embodying its core values of empathy and responsibility. In a bid to enhance beneficiary support, BISP and Bank Alfalah’s teams are set to jointly develop and implement effective training initiatives, ensuring positive outcomes and impactful assistance for the deserving community.

Advertisement
Mazhar Ali Raza

Mazhar Ali Raza is a senior journalist from Karachi. He has served more than twenty years in journalism. He was recently associated with the dunya media group as a senior business reporter from the last eleven years . Prior to that he has worked for CNBC for the period of four years. His major beats were the energy auto banking and agriculture sector . He has covered many seminars and exhibitions in Pakistan and abroad as well .

Recent Posts

Federal Government Plans 25% Salary Hike and New Allowances for Employees

The federal government is set to implement significant salary increases and new allowances for its…

2 days ago

Full Justice for May 9 Riots Dependent on Punishing Masterminds: ISPR

Complete justice over the May 9 incidents would be served when the masterminds and planners…

2 days ago

CCP Fines Karachi Dairy Associations for Collusion in Milk Price Hikes

The Competition Commission of Pakistan (CCP) has levied fines on dairy associations in Karachi for…

2 days ago

AKU’s Dr Zulfiqar Bhutta Honoured Globally

In a proud moment for Pakistan and the global healthcare community, Dr Zulfiqar Ahmed Bhutta,…

2 days ago

OGRA Reduces LNG Prices for December

The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied natural gas…

2 days ago

Trudeau’s Government on Brink of Collapse as NDP Pledges No-Confidence Motion

Canadian Prime Minister Justin Trudeau is on the verge of losing power after New Democratic…

3 days ago