Can't find what you're looking for? Try Google Search!

Tuesday, March 22, 2011

Standard Chartered provides bilateral MCGF to TMFB for two years


The largest ever bilateral Micro Finance Credit Guarantee Facility (MCGF)
provided by Standard Chartered Bank (Pakistan) Limited Standard Chartered Bank (Pakistan) Limited has
successfully closed a PKR 600 million, two year finance facility to Tameer Micro Finance Bank Limited
(TMFB) under the State Bank of Pakistan's (SBP) Micro Finance Credit Guarantee Facility (MCGF)
launched under the DFID Funded Financial Inclusion Programme.
This is the largest ever bilateral facility to any Micro Finance Institution/Bank under the MCGF scheme.
The signing ceremony held at Standard Chartered Pakistan Head Office in Karachi was graced by Governor,
State Bank of Pakistan, Shahid H Kardar.