Mobilink Bank, Pakistan’s leading digital microfinance institution, won the Best Microfinance Bank award at the Pakistan Banking Awards 2024. This recognition, therefore, highlights the bank’s vital role in advancing financial inclusion and digital empowerment. Furthermore, it acknowledges Mobilink Bank’s innovative fintech solutions. As a result, Mobilink Bank Best Microfinance proves the bank’s significant impact on transforming Pakistan’s financial sector.
Leadership’s Perspective
Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Bank, commented:
“This award, therefore, reflects the trust millions of Pakistanis place in Mobilink Bank. Our mission is clear: uplift society through financial inclusion. Moreover, we focus on empowering individuals, especially women, with the tools to succeed. I thank our team for their dedication, and I look forward to their continued impact.”
Haaris Mahmood Chaudhary, Interim CEO of Mobilink Bank, added:
“This honor, in turn, reflects our commitment to empowering small businesses, women, and underserved communities. Additionally, we aim to expand access to financial services. Our goal, furthermore, is to promote sustainable growth. Ultimately, we strive to build an inclusive financial ecosystem for Pakistan’s future.”
Empowering Underserved Communities
Mobilink Bank drives financial inclusion through key initiatives:
- Women Inspirational Network (WIN):
- Trained over 20,000 women in financial and digital literacy.
- Plans to onboard 50,000 women by 2026 with Care International Pakistan.
- Advocating Women’s Rights:
- Launched a campaign to promote women’s inheritance rights.
- Introduced a digital inheritance calculator on the ‘DOST’ app. It helps users make informed decisions.
- Digital Financial Education:
- Delivered 83,000+ hours of training through the Mobilink Bank School of Learning.
- Benefited 2,780 rural individuals, including 71% women, under the National Financial Literacy Program (NFLP-II). This effort earned the Best NFLP Team Award from the State Bank of Pakistan.
Innovative Tools and Collaborations
The DOST app has proven essential in making financial education accessible. Moreover, Mobilink Bank collaborates with various organizations to expand its initiatives. These efforts enhance financial inclusion across Pakistan.
A Vision for the Future
Mobilink Bank envisions a digitally agile and inclusive Pakistan. It aims to build a sustainable, equitable financial ecosystem. Through innovation and collaboration, the bank continues to shape the future.
The Best Microfinance Bank award further strengthens Mobilink Bank’s role in Pakistan’s financial landscape.
