Observer Report
Islamabad
Khushhali Microfinance Bank has been awarded “Best Microfinance Bank of the Year” by CFA Society Pakistan at the “17th Annual Excellence Awards” ceremony held at a local hotel on Friday. This is the first time that the microfinance industry has been given prominence through the recognition of best performing market leaders at an awards ceremony.
Dr. Reza Baqir, Governor, State Bank of Pakistan graced the event as the chief guest at the 17th year of the flagship event. A committee of senior members of the CFA Society with vast analytical experience in evaluating sector fundamentals, decided the recipients of the awards.
The awards were distributed on the basis of being the greatest contributing banks towards economic development and poverty elevation initiatives in the country.