U Microfinance Bank Ltd signed a grant agreement with Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation. The grant will help U Bank further its mission of financially including more women. U Bank won the grant through a competitive application process via Karandaaz’s Digital Experiments program. While uptake for digital financial services (DFS) remains low in Pakistan, the gap is especially wide when it comes to women. Only 7% of women in Pakistan are financially included, compared to 20% of men. Research shows that women are engaged... Read More.
Federal Minister for Information Technology and Telecommunication Dr. Khalid Maqbool Siddiqui visited the U Microfinance Bank Ltd Headquarters Islamabad on Wednesday. Over the last 4 years U Microfinance Bank has made important contributions towards implementation and achievement of the national financial inclusion agenda put forth in the National Financial Inclusion Strategy 2023 that aims to bring 50% of Pakistan’s adult population into the banking net. Over these years the bank has demonstrated exceptional growth and our network outreach has gone from 28 branches to 200 branches with its... Read More.