FRIDAY May 18, 2012  
   
News:
Islamabad, 5 March 2012, Pakistan and Afghanistan are committed to strengthen Microfinance Sector. It was agreed at the meeting between Ghalib Nishtar, President, Khushhalibank and visiting officials from Afghanistan that both Pakistan and Afghanistan, being neighboring developing countries in the Asian region, can benefit by developing and promoting the financial Infrastructure to support microfinance through continuous knowledge and skill sharing experiences of their respective markets.                  Karachi, February 2012, Khushhalibank and IBA Entrepreneurship Society Announce Winners of the ISERVE 2012 - a unique social enterprise competition aimed at providing students a platform to contribute significantly towards the community in the form of sustainable social ideas and creating a new generation of viable social ventures.                  Peshawar, 23 February 2012, Khushhalibank and Beacon-house join hands for ‘Model United Nations 2012’ (MUN). MUN is an academic simulation of the United Nations that aims to educate participants about current affairs, international relations, diplomacy and the United Nations agenda. The Frontier Campus Beacon-house Model United Nation (FC-BMUN) is the first ever MUN conference to be held in Peshawar.                  Islamabad, February 1, 2012, Khushhalibank and NUST join hands to host All Pakistan Model United Nations Conference 2012.                  September 21-22, 2011, Khushhalibank sponsors the World Islamic Finance Summit 2011.                  September 20, 2011, Khushhalibank partners with the National University of Sciences and Technology (NUST) as platinum sponsor in a nationwide business plan competition, titled 'Discover – Prosperity through Entrepreneurship'.                  September 16, 2011, Khushhalibank joins hands with Dawood Global Foundation (DGF) to promote women entrepreneurship by sponsoring the second LADIESFUND Entrepreneurship Conference (LEC 2011).                  August 01, 2011, The first Center for Entrepreneurship and Leadership (CEL) by SME Business Support Fund (BSF) was inaugurated at SZABIST Islamabad by Ghalib Nishtar, President Khushhalibank.                  May 25, 2011, The Microcredit Summit Campaign (MSC) status report ranks Khushhalibank as one of the biggest microfinance entities of the region having served two and a half million relationships and having over four hundred thousand active clients.                  May 05, 2011 , Khushhalibank and Western Union signed an agreement to introduce international inbound remittance services in 76 districts across Pakistan where Khushhalibank operates. This agreement makes KBL the first microfinance institution in Pakistan to introduce the cross border inbound remittance service, thereby facilitating a large segment of rural population to receive money from overseas through Khushhalibank's wide network of 109 branches.                  May 03, 2011 , JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the entity ratings of Khushhalibank, to 'A' (Single A) from 'A-' (Single A Minus) for the medium to long-term and A-1 (A One) from A-2 (A Two) for the short-term. The ratings reflect Khushhalibank's ability to withstand tough operating environment and maintain its market standing. It also highlights the bank's position as one of the largest microfinance bank operating in the MFB sector in Pakistan.                  February 26, 2011, Khushhalibank, while acknowledging the contributions made by young entrepreneurs in various sectors became the exclusive partner of IBA Verve 2011 organized by IBA Entrepreneurship Society (IBAES) and Center for Entrepreneurial Development. The event took place in Karachi and was graced by the some of the country's most renowned businesspersons. IBA VERVE 2011 was a unique platform in which students were exposed to real life success stories and industry best practices.                  February 22, 2011, Khushhalibank's clients won the highest numbers of awards during the 7th Citi-PPAF Awards held in Islamabad. Sajan, a client of Mithi Branch, was awarded a prize of Rs. 110,000 for being the Regional Winner from Sindh. His loan officer Jhaman Das received a cash prize of Rs. 25,000. In runners up category, Kalsoom Bibi from Rawalpindi Branch and Muhammad Azeem from Gawadar Branch were awarded a cash prize of Rs. 80,000 each and their loan officers Adeel Shaehzad and Khadim Hussain were given a cash prize of Rs. 20,000 respectively.                  August 11, 2010, Khushhalibank successfully completes 10 years of micro-finance banking in Pakistan. Ghalib Nishtar, President Khushhalibank, expressing his views on the occasion said, "Today, we have made our contribution by making a difference in hundreds and thousands of lives across the country by providing financial service access to the unbanked segments of the population."                April 19, 2010, Khushhalibank held its Annual Sales Conference at PC Bhurban to review the performance for the year 2009. The conference was chaired by Ghalib Nishtar, President, Khushhalibank and attended by all Departmental Heads and the Retail Unit from the Corporate Office, and Regional Business Managers and Territory Portfolio Managers from their respective Regions.                  February 16, 2010, Khushhali Bank in collaboration with American Business Council has given the first 20 cheques to the affected traders of Bolton Market under 'Bolton Market - Business Revitalization Program' of USAID in a ceremony held in Karachi. Khushhali Bank is managing the process of grant disbursement of USAID's funds of PKR 1 billion for the program.                  August 11, 2009, Khushhali Bank celebrates its ninth anniversary to acknowledge the contribution and hard work of its employees, while resolving to make its clients a priority and rejoicing the unprecedented success of past nine years.                  Khushhali Bank Limited re-constitutes its Board of Directors for a term of three years. Syed Ali Raza, President, National Bank of Pakistan, being the chairman, the new Board of Directors consists of seven members, four representing the share holders three non share holding Independent Directors.                 
 
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   Khushhalibank and Dawood Global Foundation join hands to promote women  entrepreneurship
   
  Location: Karachi
  Date: September 16, 2011
   
 
Entrepreneurship has always been a male-dominated segment, but many of today's most memorable and inspirational entrepreneurs are women. They are playing an active role in reviving our economy. Across Pakistan, women are starting various business ventures, developing innovative new products and services, winning patents, and creating new markets. They are the driving force behind the economic growth of our country and creating employment opportunities for the masses by training, educating and converting unskilled workforce into a skilled one. Recognizing the effective role women entrepreneurs can play in improving the economic conditions of Pakistan, Khushhalibank, the premier microfinance institution of the country, has joined hands with Dawood Global Foundation (DGF) to promote women entrepreneurship by sponsoring the second LADIESFUND Entrepreneurship Conference held on Friday at a local hotel in Karachi.

The LADIESFUND Entrepreneurship Conference 2011 (LEC 2011) witnessed a huge participation of women comprising of established and aspiring entrepreneurs. The conference gave the women entrepreneurs a great opportunity to listen to some of the leading entrepreneurs in Pakistan such as Mehrbano Sethi, a leading makeup stylist and owner of Luscious Cosmetics, Naheed Mashooqullah, one of the best known interior designers of Pakistan and Naila Naqvi, owner of one of the most popular cake shops in Karachi who all started out small but are now leaders in their respective fields. The conference aimed at bringing a revolution in the society by enhancing skills of entrepreneurship among women. The conference comprised of two sessions during which panel discussions, question answer sessions, presentations and other programmes were held. Commenting on the Partnership with Ladies Fund, Ghalib Nishtar, President Khushhalibank, stated “This conference is great platform to congratulate, appreciate and encourage women entrepreneurs to contribute more towards eradicating poverty and also to all those individuals who have consistently encouraged and contributed to the promotion of entrepreneurship in Pakistan. We are delighted to be part of such a conferenceâ€. Commenting on the association with Khushhalibank, Tara Dawood, President, Dawood Global Foundation said “We appreciate the support of Khushhalibank and are thankful to them for sponsoring the LADIESFUND Entrepreneurship Conference which is meant to encourage the Pakistani female entrepreneurs with valuable information and guidance. DGF and Khushhalibank share similar ideologies when it comes to empowering the Women of our country.â€

Khushhalibank has always been associated with such initiatives which encourages and recognizes the potential of women entrepreneurs. The leading microfinance institution in the past has extended a helping hand to the women of Pakistan through various women empowerment initiatives. Khushhaibank introduced various socio-economic empowerment programs for women in the far fledged corners of the country in the last decade intended to support skill & development of micro enterprise amongst the women of remote areas.

   
 
 
 
 
 
 
 
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