Pakistan’s first Special Credit Guarantee company launches by joint venture of Finance Ministry and Karandaanz
Ministry of Finance and Karandaaz launched Pakistan’s first special credit guarantee company namely the National Credit Guarantee Company Limited (NCGCL), with an objective to provide financial assistance to small and medium-sized enterprises (SMEs) in the country.
Karandaaz partners with GBRSP, NIBAF to empower youth through financial literacy training
Karandaaz Pakistan, in collaboration with the National Institute of Banking and Finance (NIBAF) and Gilgit Baltistan Rural Support Programme (GBRSP), successfully conducted a comprehensive series of financial literacy training sessions across five districts in Gilgit Baltistan. These impactful training sessions were held in Nagar, Ganchay, Kharmang, Shigar, and Gilgit, educating a total of 2000 public…
Karandaaz, Vizpro join hands to digitization of retailer to distributor payments
Karandaaz a prominent organization at the forefront of promoting financial inclusion and driving digital transformation in Pakistan has announced its strategic partnership with Vizpro, a leading player in the digital payments ecosystem for facilitating digital payments This collaboration aims to tackle a critical challenge faced by distributors and retailers across the country, which is the…
Karandaaz launches findings of comprehensive report on private healthcare in Pakistan
Karandaaz conducted a highly anticipated webinar to unveil the findings of its groundbreaking report titled “Private Healthcare in Pakistan – Gaps, Opportunities, and Possibilities.” The report, comprising volume 1 and 2, is now available to the public on Karandaaz’s website. The webinar commenced with welcome remarks from Mr Waqas ul Hasan, CEO, Karandaaz followed by…
Karandaaz Pakistan signs data sharing agreement with TASDEEQ Credit Bureau
Karandaaz Pakistan signed a data sharing agreement with TASDEEQ, a private credit bureau operating in Pakistan. By joining hands with TASDEEQ, Karandaaz will be enhancing the data offered through its data portal (https://portal.karandaaz.com.pk/) to include enterprise credit information for more than 70 sub-sectors in Pakistan. The lending data will also be dis-aggregated by geography at…
Financial inclusion in Pakistan up by 9% between 2020-2022
Financial inclusion in Pakistan has increased by 9 percentage points between 2020 and 2022, while a similar increase in financial inclusion was achieved over 7 years prior to the year 2020, said the Karandaaz Financial Inclusion Survey 2022 (K-FIS). Karandaaz Pakistan hosted a webinar to share key findings of, a nationally and provincially representative demand…
PSX Signs Agreement with Karandaaz at a Gong Ceremony
In a landmark development for the capital market, Pakistan Stock Exchange (PSX) signed an Agreement with Karandaaz whereby Technical Assistance (TA) grants would be given to prospective companies to be listed on the GEM Board. The Agreement was signed by Mr. Farrukh H Khan, MD & CEO PSX, and Mr. Waqas ul Hasan, CEO Karandaaz…
Karandaaz partners with Punjab Social Protection Authority
Karandaaz Pakistan signed an agreement with Punjab Social Protection Authority (PSPA) to provide technical assistance for PSPA’s social protection programs. The ceremony was chaired by Chief Executive Officer, Punjab Social Protection Authority (PSPA), Tauseef Dilshad Khatana and Chief Digital Officer, Karandaaz Pakistan, Rehan Ahmed Akhtar. The ceremony was held in the presence of Chairperson Punjab…
Karandaaz, MOPASS join hands to advance financial inclusion
Karandaaz Wednesday signed a Memorandum of Understanding (MoU) with Ministry of Poverty Alleviation and Social Safety (MOPASS) to advance financial inclusion in Pakistan. The MOU signing ceremony took place at MOPASS here and was chaired by Secretary MOPASS, Dr. Muhammad Fakhre Alam Irfan, CEO Karandaaz, Waqas ul Hasan, and Senior Program Officer Gates Foundation, Syed…
Engro Energy Limited to host Pakistan Energy Symposium
Engro Energy Limited will host Pakistan Energy Symposium at a local hotel in Karachi on 1st April 2022. Theme of this symposium is Ushering the Future of Energy. Engro Energy Limited (EEL), in its efforts to address the opportunities and challenges for market reforms in Pakistan, is organizing this symposium with an aim to bring…