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The Bank of Punjab, Akhuwat Islamic Microfinance sign agreement for promoting low-cost housing
May 4, 2021
The Bank of Punjab (BOP) and Akhuwat Islamic Microfinance (AIM), have signed an agreement for promoting Low-Cost Housing under Government’s Markup Subsidy Scheme (G-MSS).
The ceremony was held at The Bank of Punjab’s Head Office in Gulberg, Lahore.
Zafar Masud – President& CEO BOP and Asif Riaz – Group Head Retail and Priority Sectors Lending represented BOP, while Akhuwat Islamic Microfinance (AIM), was represented by Dr. Muhammad Amjad Saqib – Executive Director, Dr. Kamran Shams – Director and Shahzad Akram – Chief Credit Officer.
Zafar Masud opined, this is a revolutionary step in the Housing Industry and such arrangements shall help us extend support at grass root level. Dr. Amjad Saqib appreciated BOP’s initiative to take a lead in this noble cause and expected that like all other government subsidized schemes, BOP shall assume a lead ....

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