Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has become the first microfinance institution to secure membership of the Employers Federation of Pakistan (EFP), an apex body of employers in Pakistan that spearheads the private sector in matters of employment, industrial relations, social and economic policy. EFP is also a member of the International Organization of Employers (IOE) and with its virtue an important constituent of the International Labour Organization (ILO), United Nations from Pakistan.
The EFP membership was awarded to MMBL in recognition of its efforts to promote financial inclusion for all especially enabling individual entrepreneurs as well as small and medium industries in the country, particularly the ones led by women. The EFP, while notifying about the membership, applauded Mobilink Microfinance Bank’s tireless efforts in scripting Pakistan’s financial growth and recognized its role in revolutionizing the traditional banking system. It said the bank has led the way in empowering all segments of society, particularly women.
Commenting on the achievement, Ghazanfar Azzam, President & CEO, MMBL said:
“We are ecstatic to be the first microfinance bank in the country to become a member of EFP. The achievement comes as a validation of the bank’s extraordinary growth and innovation to lead the country’s microfinance industry while digitalizing its core processes, hence creating an environment conducive to economic growth....
Read Full Story: https://www.techjuice.pk/mobilink-microfinance-bank-becomes-first-microfinance-institution-to-secure-efp-membership/
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