Pakistan’s First Gender Bond Wins IJGlobal Award 2023

InfraZamin Pakistan, the issuer of South Asia’s first-ever gender bond, has secured a major international recognition. The project has been awarded the “Asia Pacific Wrap of the Year 2023” at the prestigious IJGlobal Awards 2023.

The IJGlobal Awards are known for celebrating outstanding achievements in infrastructure and energy deals worldwide. InfraZamin Pakistan’s win highlights the groundbreaking nature of the gender bond, a financial instrument designed to support initiatives promoting gender equality.

“We are incredibly proud to receive this recognition,” said a spokesperson for InfraZamin Pakistan. “The award is a testament to the innovative approach we’re taking towards sustainable infrastructure development in Pakistan.”

The organization also expressed gratitude to GuarantCo, which accepted the award on their behalf. 

InfraZamin Pakistan remains committed to advancing sustainable infrastructure projects that contribute to a more equitable future for the country. Stay tuned for further updates on their ongoing initiatives.

Hot this week

Virtual Remittance Gateway and Bank Alfalah Partner to Launch Interoperable Agent Banking Across Pakistan

Virtual Remittance Gateway and Bank Alfalah sign a landmark agreement enabling cross-institutional cash services to accelerate financial inclusion.

National Bank of Pakistan Partners With Finnect to Drive Agritech Innovation and Rural Digital Wallet Expansion

The National Bank of Pakistan collaborates with Finnect to scale up digital retail banking networks and automated agricultural systems in smaller cities.

Global Multi Asset Digital Exchanges Focus on Pakistan to Attract Retail Investors Seeking Portfolio Diversification

International digital asset trading platforms target the Pakistani market as geopolitical shifts and new interest rate rules prompt investors to diversify capital.

State Bank of Pakistan Endorses New Co Badged Debit Card to Accelerate National Cashless Ecosystem Goals

Central bank governor Jameel Ahmad announces a major step forward for domestic payment infrastructures through the newly launched electronic card interface.

Prime Minister Shehbaz Sharif Applauds Historic Increase in QR Code Payments and National Digital Wallet Adoption

Pakistan reports a massive surge in mobile banking application usage and merchant onboarding as the federal government mandates a full transition to digital channels

Topics

Virtual Remittance Gateway and Bank Alfalah Partner to Launch Interoperable Agent Banking Across Pakistan

Virtual Remittance Gateway and Bank Alfalah sign a landmark agreement enabling cross-institutional cash services to accelerate financial inclusion.

National Bank of Pakistan Partners With Finnect to Drive Agritech Innovation and Rural Digital Wallet Expansion

The National Bank of Pakistan collaborates with Finnect to scale up digital retail banking networks and automated agricultural systems in smaller cities.

Global Multi Asset Digital Exchanges Focus on Pakistan to Attract Retail Investors Seeking Portfolio Diversification

International digital asset trading platforms target the Pakistani market as geopolitical shifts and new interest rate rules prompt investors to diversify capital.

State Bank of Pakistan Endorses New Co Badged Debit Card to Accelerate National Cashless Ecosystem Goals

Central bank governor Jameel Ahmad announces a major step forward for domestic payment infrastructures through the newly launched electronic card interface.

Prime Minister Shehbaz Sharif Applauds Historic Increase in QR Code Payments and National Digital Wallet Adoption

Pakistan reports a massive surge in mobile banking application usage and merchant onboarding as the federal government mandates a full transition to digital channels

Preston University and Financial Partners Launch Initiative to Advance Inclusive Finance Awareness Across Pakistan

A new academic partnership aims to foster financial inclusion and responsible digital wallet education at Preston University Islamabad and Kohat campuses.

Allied Bank and NUST Collaborate to Advance Fintech and Digital Banking Platforms

Allied Bank signs a strategic Memorandum of Understanding with the National University of Sciences and Technology to drive innovation in artificial intelligence and financial technology.

EFU Life Partner with easypaisa Digital Bank to Launch Digital Takaful Savings Plan

EFU Life and easypaisa launch a Shariah-compliant digital Takaful Savings Plan inside the app offering up to 8 percent annual halal returns and built-in protection.
spot_img

Related Articles

Popular Categories