Bank of Punjab launches Pakistan Skills Impact Bond, Rs 1bn impact finance initiative
The Bank of Punjab, in collaboration with British Asian Trust, has launched Pakistan’s first Skills Impact Bond, a Rs1 billion government-backed initiative using results-based financing to support youth employment and skills development.
Pakistan Introduces Rs1 Billion Skills Impact Bond for Outcome-Based Vocational Training
Pakistan has launched its first private-capital-funded Skills Impact Bond, backed by a Rs1bn government guarantee, linking repayments to verified employment outcomes in technical and digital skills training.
Pakistan’s Banking Sector Backs Federal Budget 2025–26 with Transformative Support for Inclusive Growth
The banking industry, led by the Pakistan Banks Association, has endorsed the Federal Budget 2025–26, playing a pivotal role in supporting initiatives aimed at circular debt resolution, rural financing, SME growth, affordable housing, green mobility, and skills development.