Corporate corner: NBP makes strides in PMYBL scheme

NBP effectively improved its internal processes for disbursement leading to growth

Press Release December 31, 2016

KARACHI: Loan disbursements of the National Bank of Pakistan (NBP) under the Prime Minister Youth Business Loan (PMYBL) scheme rose to approximately Rs15 billion with total number of borrowers exceeding 14,700 by December, 28 2016. “NBP effectively improved its internal processes for disbursement and as a result we have witnessed significant growth in loan figures disbursed under the PMYBL scheme,” said the NBP spokesperson. “Last year, the total portfolio of PMYBL scheme of NBP was Rs6.25 billion and the total numbers of borrowers were 6,791.”

Published in The Express Tribune, January 1st, 2017.

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