National Bank of Pakistan (NBP) signed a Memorandum of Understanding (MoU) with THF with the objective to offer its alumni with the PM Youth Business Loan (PMYBL) scheme. The scheme is aimed at empowering youth and poor segments of population to set up small businesses.

Speaking at the occasion Mr. Javed Hassan, CEO THF said, “The vision of THF is to see a Skilled Pakistan. We take great pains to provide technical training to young men and women from lesser privileged areas of the country and have them certified by globally recognized accreditation. Another aim is to make them well rounded individuals by teaching them Life Skills, Basic English and Maths and preparing them for interviews. We appreciate the initiative of NBP in providing THF Alumni loans to set up own businesses, and I personally thank Mr. Mudassir Khan and his organization for taking this initiative.”

Mr. Mudassir Khan SEVP/ Group Chief CRBG said, “The creation of multiple job opportunities signifies the strength and steadiness of overall economic performance. A country’s capacity to generate employment depends upon its available human, technological and financial resources, combined with institutional strategies to achieve sustained economic growth. NBP takes pride in leading the PMYBL Scheme and being a catalyst for employment generation and poverty reduction.”