Khushhali Bank Limited is a Pakistani microfinance bank headquartered in Islamabad.[2] It is the largest microfinance lender in Pakistan.[3]

History

Khushhali Bank was founded in 2000 by the Government of Pakistan and was developed with the funding from the Asian Development Bank.[4]

In 2024, Federal Ombudsman Secretariat for Protection Against Harassment (FOSPAH) ruled against the bank and a number of its employees, in a harassment case filed by a female employee of the bank. [5]

References

  1. ^ "UBL Annual Report 2023" (PDF). UBLDigital. Retrieved 26 March 2024.
  2. ^ Farooq, @2paisay, Mariam Umar (May 28, 2023). "Khushhali bank to force convert its hybrid debt into equity. But is it fair?". Profit by Pakistan Today.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  3. ^ Ahmad, Ahtasam (July 17, 2022). "Microfinance Banks on the verge of crisis?". Profit by Pakistan Today.
  4. ^ "Khushhali Bank to open 10 new branches". The Express Tribune. 8 March 2017.
  5. ^ "خوشحالی مائیکروفنانس بینک میں ہراسانی سے متاثرہ خاتون کے حق میں فیصلہ، بینک اور عملے کے ارکان پر 95 لاکھ روپے جرمانہ". BBC Urdu. 15 November 2024.
Allikas: http://en.wikipedia.org/wiki/Khushhali_Bank
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