khush hali bank in Pakistan

Founded in the year 2000, Khushhali Bank Limited was a part of the Government of Islamic Republic of Pakistans Poverty Reduction Strategy and its Microfinance Sector Development Program (MSDP). MSDP was developed with the facilitation of Asian Development Bank (ADB). With its headquarters based in Islamabad, Khushhali Bank Limited operates under the supervision of the State Bank of Pakistan (SBP) and many central (commercial) banks are its shareholders. The mandate remains to retail microfinance services and to act as a catalyst in stabilizing the countrys newly formed microfinance sector.