Asia-pacific region: Khushhali Bank listed among the largest

ISLAMABAD: The Microcredit Summit Campaign (MSC) has ranked Khushhali Bank, a premier Pakistani microfinance organisation, as one of the biggest microfinance entities of the Asia-Pacific region, which is serving over 400,000 active clients.

MSC, a project of a US-based grassroots advocacy organisation, works on mapping differences in microfinance globally.

It has launched a report that addresses the issues faced by the industry and microcredit facilities on offer throughout the region.

Khushhali Bank President Ghalib Nishtar, commenting on the ranking, said, “access to credit for self-employment and other financial and business services must be given to the poor families. These facilities will help them overcome the harsh realities and cruelties of extreme poverty.”

Published in The Express Tribune, May 26^th, 2011.