Pakistan’s largest virtual bank, Mobilink Microfinance Bank Limited

 Pakistan’s largest virtual bank, Mobilink Microfinance Bank Limited

Pakistan’s biggest digital financial institution, Mobilink Microfinance Bank Limited (MMBL), has grow to be the primary microfinance organization to at ease club of the Employers Federation of Pakistan (EFP).

EFP is an apex body of employers in Pakistan that spearheads the personal quarter in subjects of employment, business family members, social and economic policy.

EFP is likewise a member of the International Organization of Employers (IOE) and with its distinctive feature an essential constituent of the International Labour Organization (ILO), United Nations from Pakistan.

The EFP membership was presented to MMBL in reputation of its efforts to sell economic inclusion for all, specifically allowing individual entrepreneurs as well as small and medium industries within the usa, specially the ones led by girls.

The EFP, while notifying approximately the membership, applauded Mobilink Microfinance Bank’s tireless efforts in scripting Pakistan’s economic boom and recognized its position in revolutionizing the conventional banking device. It said the financial institution has led the way in empowering all segments of society, particularly women.

Commenting at the success, Ghazanfar Azzam, President & CEO, MMBL, said, “We are ecstatic to be the primary microfinance bank inside the u . S . A . To emerge as a member of EFP. The fulfillment comes as a validation of the bank’s brilliant growth and innovation to guide the usa’s microfinance enterprise even as digitalizing its center approaches, as a result developing an environment conducive to economic increase.”

MMBL, with its numerous portfolio, isn't simplest devoted to serving the monetary desires of individuals and Small and Medium-sized Enterprises (SMEs) but is likewise focused on empowering girls entrepreneurs through its flagship initiative, Women Inspirational Network (WIN). By becoming a member of EFP, we intend to preserve with our main position in the virtual banking panorama and foster financial empowerment for all,” he added.

Also commenting on the development, Samiha Ali Zahid, Chief Human Resources Officer (CHRO) MMBL, said, “MMBL is a market leader for ladies in finance and it's miles constantly striving to make Pakistan extra inclusive, both digitally and financially.”

“We take fantastic delight in being one of the primary pillars of Pakistan’s digital banking surroundings, wherein we play a lively role in women empowerment; be it thru tasks on monetary management or training the girl debtors. This membership is a testomony to our passion for promoting women empowerment at all fronts,” she delivered.

Remarking on the event, Ismail Suttar, President Employers’ Federation of Pakistan, said, “Employers’ Federation of Pakistan welcomes MMBL as our valued member because it upholds such integrity and values which can be a major contributor in enhancing the picture of Pakistan globally.”

“To constantly paintings in the direction of growing an surroundings this is revolutionary for girls and inspire initiatives that no longer handiest advantage the economic system but encourage the youth to have aspirations, MMBL has performed a large position in facilitating elements such as those,” he added.

In the identical context, and to highlight the success tales on women empowerment in Pakistan, EFP can be website hosting an occasion at Pakistan Pavilion, Dubai Expo 2020 on eleventh February 2022 with the topic “Women of Pakistan; Leading a Change”.

For a few years, MMBL has been facilitating SMEs and ladies with the aid of supplying them micro-loans to engage in self-empowering initiatives, which allows them to generate income and substantiate their income.

The EFP membership will in addition decorate MMBL’s function in bringing vast-based totally socio-monetary enablement to individuals and groups nationwide. The bank may be completing 10 years of operations in Pakistan this 12 months.