“Initiatives taken by microfinance institutes such as FINCA empower low-income individuals to start businesses, create jobs, alleviate poverty, and create new opportunities,” said Senator Kamran Michael, Federal Minister for Ports and Shipping, while addressing the audience at the opening ceremony of FINCA’s 1st priority branch in Garden Town, Lahore.
Senator Michael said that “the ‘Microcredit’ facilities provided by FINCA, in conjunction with its fast expansion plan, will allow aspiring low-income entrepreneurs to increase revenues, provide jobs for others, and eradicate poverty.” He added that small loans could enable people in developing countries to lift themselves out of poverty.
FINCA Microfinance Bank Ltd, Pakistan’s leading microfinance bank, has been growing aggressively in Pakistan and its new branch in Lahore aims to provide state-of-the-art services catering to the needs of every citizen in Lahore.
Commenting on the launch of the priority branch, FINCA’s CEO Mr. Mudassar Aqil said, “FINCA is operating in 80 cities with 100 operational braches, and we are the fastest growing microfinance bank in Pakistan. By providing modern deposit facilities to our customers we are committing to setting new standards in the microfinance industry.’
The Priority branch will offer complete suite of financial services and world class customer services, from Free Cheque Books, Pay Orders, and Online Banking to much more. The Priority Branch brings internationally recognized banking experience.
SOURCE: PRESS RELEASE