Media Library

PMIC and Telenor Bank to Digitize Microfinance Operations

Pakistan Microfinance Investment Company (PMIC) and Telenor Bank recently signed an MoU to digitize microfinance operations across the country. The MoU was signed by Mr. Yasir Ashfaq Chief Executive Officer PMIC and Mr. Shahid Mustafa, Chief Executive Officer, Telenor Bank. The MoU identifies areas of collaboration between the two institutions whereby as the apex institution […]

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PACRA Assigns AA/A1+ Rating to PMIC

The Pakistan Credit Rating Agency has assigned entity ratings of “AA/A1+” with a Stable Outlook to Pakistan Microfinance Company Limited (PMIC). PACRA has stated that the ratings of PMIC take into account the strong support of the sponsoring institutions; Pakistan Poverty Alleviation Fund (PPAF), Karandaaz Pakistan — funded by UK’s Department for International Development (DFID) — and the KfW Development Bank, […]

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UBL and PMIC ink deal to digitise microfinance operations

UBL and PMIC ink deal to digitise microfinance operations http://dailytimes.com.pk/business/12-Oct-17/ubl-and-pmic-ink-deal-to-digitise-microfinance-operations

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PMIC and Alfalah Insurance to Protect Livelihoods of Subsistence Farmers

Pakistan Microfinance Investment Company (PMIC) and Alfalah Insurance Company have signed an MoU to collaborate towards development of need based innovative crop and livestock insurance products for subsistence farmers. The MoU was signed by Mr. Yasir Ashfaq Chief Executive Officer PMIC and Mr. Nasar us Samad Qureshi, Chief Executive Officer, Alfalah Insurance Company at a […]

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PMIC Board Member Ms. Christiane Schmidt visits the field

PMIC Board Member Ms. Christiane Schmidt and members of PMIC’s management visited the field operations of a PMIC Borrower in Rawalpindi. During her visit, Ms. Schmidt attended a focus group discussion with women clients and discussed aspects related to loan processing, utilization, challenges and impact on the lives of the clients. She also asked them […]

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PMIC Celebrates 70 years of Pakistan’s Independence!

PMIC celebrates 70 years of Pakistan’s Independence  

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Consultative Workshop on the Sindh Renewable Energy Development Project (SREDP)

Sindh Energy Department in collaboration with World Bank organized a two-day consultative workshop on Sindh Renewable Energy Development Project (SREDP) in Karachi on August 1, 2017 and August 2, 2017. The workshop aimed at bringing together the relevant public and private sector stakeholders to discuss the status, implementation models, opportunities and challenges in the off-grid […]

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SECP Consultative Session on Commodities based Financial Ecosystem

The Securities and Exchange Commission of Pakistan (SECP) organized a consultative session on agricultural warehousing regulations and commodities based collateral and financing ecosystem, at the SECP head office on July 18, 2017. Pakistan Microfinance Investment Company (PMIC) was represented at the session by Mr. Shahid Mustafa Chief Executive Officer, Mr. Rashid Imran Chief Risk Officer […]

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EdNovate Pakistan- Fostering Evidence Driven Innovation in Education

Center for Economic Research in Pakistan (CERP) and the LUMS School of Education jointly hosted EdNovate Pakistan, a dialogue to foster evidence driven innovation in education on July 11, 2017 in Lahore. The event, intended to be the first in a series of annual conferences, brought together leaders in research, decision makers in public and […]

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CEO PMIC hosts Iftar Dinner for Microfinance Institutions in Lahore

CEO PMIC Mr. Shahid Mustafa hosted an Iftar Dinner in Karachi for the Chief Executives of Microfinance Institutions based in Punjab. Senior Management of PMIC and Chief Executives/Senior Management of Kashf Foundation (KF), Development Action for Mobilization & Emancipation (DAMEN), CSC Empowerment and Inclusion Programme (CEIP), Rural Community Development Programme (RCDP), Jinnah Welfare Society (JWS), AGAHE […]

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