Home Business Khushhali Microfinance Bank Achieves SMART Certification

Khushhali Microfinance Bank Achieves SMART Certification

Khushhali Microfinance Bank Achieves SMART Certification

Islamabad – August 02, 2017: Khushhali Microfinance Bank (KMBL) has achieved another laurel for their exemplary banking practices. In March 2017, MicroFinanza Rating began an independent assessment of KMBL’s policies and practices with respect to globally set principles of client protection. After completion of the assessment, the bank has been conferred a SMART Certification by MicroFinanza Rating for successfully demonstrating adherence to the industry’s Client Protection Principles. The certification is an independent, third-party evaluation that publicly recognizes financial institutions that take adequate care of their clientele.

The SMART Campaign is a global initiative made up of microfinance leaders from around the world who believe that protecting clients is not only the right thing to do, but also the smart thing to do. By providing microfinance institutions the tools and resources they need to deliver transparent, respectful and prudent financial services to all its clients, the SMART Campaign is helping the industry in achieving its two goals of helping clients and attaining long term financial success, as well as making microfinance a model of responsible banking around the world.

While acknowledging the recognition, Ghalib Nishtar, President, KMBL said: “The SMART Certification has been made possible due to our committed employees who work relentlessly to deliver the vision of KMBL in its true essence. I would like to extend my congratulations to everyone who is part of the Khushhali team and urge them to keep up their efforts to treat the people they serve fairly.”

KMBL is one of Pakistan’s leading microfinance institutions. It is expanding its network of 147 branches and 24 service centers across the country to reach out to more and more people in remote and marginalized areas. This supports State Bank of Pakistan’s financial inclusion agenda for the banking sector in Pakistan.

Must Read

Government of Pakistan and Facebook Partner to Fight COVID Misinformation

Islamabad, June 22, 2021: The Government of Pakistan has partnered with Facebook in their fight against COVID-19. In Pakistan , over 32 million people...

Fundamental Significance of every person is by recognizing and valuing the basic human rights they are born with

Every person is born with the right of dignity, value and respect. One of the ways in which we recognize the fundamental significance of...

Mobilink Microfinance Bank joins the coveted global club of ACCA Approved Employers

Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank, has been recognized as an Approved Employer for its outstanding employee development and training initiatives...

TECNO brings exciting discount offers on Daraz Mobile Week 2021

Lahore – Friday, June 18, 2021: TECNO brings exciting offers for the fans on the Daraz Mobile Week 2021. There will be up to...

vivo Introduces Amazing Offers for Daraz Mobile Week 2021

vivo presents amazing offers to its customers in collaboration with Daraz.pk for Daraz Mobile Week 2021 starting from June 16, 2021. The customers are...