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The Prime Minister's Youth Programme is a special initiative launched by the Pakistani government in 2013 - 2018. The Youth Programme comprised several schemes including Prime Minister's Interest-Free Loan Scheme, Prime Minister's Youth Business Loans, Prime Minister's Youth Training Scheme, Prime Minister's Youth Skills Development Scheme, Prime Minister's Scheme for Provision of Laptops and ...
Khushhali Bank was founded in 2000 by the Government of Pakistan and was developed with the funding from the Asian Development Bank. [4]In 2024, Federal Ombudsman Secretariat for Protection Against Harassment (FOSPAH) ruled against the bank and a number of its employees, in a harassment case filed by a female employee of the bank.
Akhuwat has five core principles on which all of its programs function. These include interest-free microfinance, use of religious places, non-discrimination, the spirit of volunteerism, and converting borrowers into donors. [5] Details of these principles are as follows: Qarz-a-Hasan (beautiful loan) is an interest-free loan.
Bankrate insight. As of March 2024, for fiscal year 2024, 29.9 percent of 7(a) loans were approved for $50,000 and under. New businesses with under two years of experience made up just 18 percent ...
Secured term loans provide a lump sum of cash you repay with interest over time. This flexible type of loan works best for large purchases or investments where you know the costs.
It was set up as a state-owned, regional bank in 1991 along with the Bank of Punjab and the First Women Bank. [3] It offers Conventional banking, Islamic banking services and microfinance loans. In January 2006, the bank had an initial public offering of its shares at Karachi Stock Exchange at an offer price of PKR 15.
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