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The Bank of Punjab, Akhuwat Islamic Microfinance sign agreement for promoting low-cost housing

The Bank of Punjab, Akhuwat Islamic Microfinance sign agreement for promoting low-cost housing
May 4, 2021
The Bank of Punjab (BOP) and Akhuwat Islamic Microfinance (AIM), have signed an agreement for promoting Low-Cost Housing under Government’s Markup Subsidy Scheme (G-MSS).
The ceremony was held at The Bank of Punjab’s Head Office in Gulberg, Lahore.
Zafar Masud – President& CEO BOP and Asif Riaz – Group Head Retail and Priority Sectors Lending represented BOP, while Akhuwat Islamic Microfinance (AIM), was represented by Dr. Muhammad Amjad Saqib – Executive Director, Dr. Kamran Shams – Director and Shahzad Akram – Chief Credit Officer.
Zafar Masud opined, this is a revolutionary step in the Housing Industry and such arrangements shall help us extend support at grass root level. Dr. Amjad Saqib appreciated BOP’s initiative to take a lead in this noble cause and expected that like all other government subsidized schemes, BOP shall assume a lead ....

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BoP, Millat Tractors sign MoU for fast track processing and delivery of machinery

Daily Times
April 20, 2021
The Bank of Punjab and Millat Tractors Limited- MTL have signed an MOU for provision of Fast Track Processing and Delivery of Tractors and Farm Machinery to qualifying applicants at subsidized markup rate under Prime Minister’s Kamyab Jawan – Youth Entrepreneurship Scheme (PMKJ YES).
The ceremony was held at The Bank of Punjab Head Office in Gulberg Lahore. Usman Dar – Special Assistant to Prime Minister (SAPM) on Youth Affairs was the chief guest of the ceremony. Zafar Masud – President & CEO BoP and Asif Riaz – Group Head Retail and Priority Sectors Lending represented BoP while Millat Tractors Limited was represented by Sikandar M Khan – Chairman Millat Group, S.M. Irfan Aqueel – CEO and Azhar Noor General Manager Marketing. This MoU is in line with the Prime Minister’s Vision to support farmers in order to boost country’s economy and serve as a Job creation medium. Speaking on the occasion Mr. Zafar Masud said that: “B ....

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The Bank of Punjab and Reall UK Sign MoU for Promotion of Low-Cost Housing in Pakistan

As part of its mission to promote and provide low-cost housing in Pakistan, the Bank of Punjab and Reall Limited, UK have signed a Memorandum of ....

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