IFC signs Advisory services agreement with Meezan Bank

International Finance Corporation (IFC), a member of the World Bank Group, signed an advisory agreement with Pakistan's largest Islamic bank, Meezan Bank, to help boost access to Islamic finance for small and medium enterprises (SMEs) for economic & employment growth in Pakistan.

The agreement will help Meezan Bank utilize IFCs global expertise to scale up its SME banking and improve its supply chain finance program, to meet SME financing needs. Supply chain finance is an innovative way to finance SMEs while leveraging the financial strength of bigger businesses.

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