JS Bank Joins Hands with UNDP to promote gender-inclusive and climate-resilient businesses in Pakistan

    JS Bank joins hands with the United Nations Development Programme (UNDP) to promote gender-inclusive and climate-resilient businesses in Pakistan. The collaboration is aimed at promoting private-sector financing, particularly projects aligned with Sustainable Development Goals (SDGs), with a core focus on women and youth-led businesses.

    In line with the theme of International Women’s Day (IWD), this partnership underscores JS Bank and UNDP Pakistan’s commitment to prioritize women-centric initiatives to foster gender impact within the realm of sustainable development and climate resilience.

    The memorandum of understanding (MOU) was signed at JS Bank’s head office in Karachi in the presence of the senior management, including Atif Salim Malik, Chief Operating Officer, and Syed Jafar Raza, Group Head, Investment, International & Transactional Banking from JS Bank and Samuel Rizk, Resident Representative and Ammara Durrani, Assistant Resident Representative from UNDP Pakistan.

    Atif Salim Malik commented at the signing ceremony, “At JS Bank, we believe in the power of innovative ideas to drive economic growth and social change, particularly for women. As a financial service provider, it is our core responsibility to empower businesses that are inclusive and sustainable. We are also grateful to partner with UNDP in paving the way for inclusive and climate-resilient projects in the country and are committed to making a positive impact on society.”

    Speaking at the ceremony, Samuel Rizk, Resident Representative UNDP Pakistan said, “For Pakistan’s resilient recovery and inclusive growth, private sector’s adoption of the sustainability agenda is crucial to driving job creation, skill development, innovation, and infrastructure. Through our SDG Investments & Climate Finance Facility, UNDP partners with SDG-inspired private and commercial entities like JS Bank to catalyze development finance and impact investments.”

    The collaboration between UNDP and JS Bank marks a significant milestone in advancing sustainable development efforts in Pakistan, reiterating the need for climate-friendly practices in conducting business practices. Having inaugurated this collaboration, both organizations remain steadfast in fostering innovative, inclusive, and sustainable businesses in the country.

    Also Read: Meezan Bank, Pakistan Microfinance Network Ink Memorandum of Understanding (MoU) for promotion of Islamic Microfinance Services

    Latest articles

    AAOIFI and Meezan Bank jointly hosted a public hearing session on the new AAOIFI Sukuk Standard

    The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank hosted a significant public hearing session on the draft Shariah Standard...

    Suleman Dawood School of Business Reaccredited by AACSB International

    AACSB International Board of Directors has extended the accreditation for the degree programmes offered by the Suleman Dawood School of Business (SDSB) at LUMS. In...

    Foreign Investors Express Concern Over Pakistan’s Security in OICCI 2024 Survey

    The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest Security Survey 2024, highlighting increasing concerns over the...

    Aoun Ali Khan: Captivating Audiences Across Music, Film, and TV with Unmatched Creativity

    Aoun Ali Khan, brimming with talent, has hit the music, film, and TV headlines in an extraordinary outpour of creative fervor. The multi-faceted artist,...

    Related articles