Saturday, February 25, 2017

NBP Multan disburses Rs4.4 billion under PM scheme

MULTAN (APP): National Bank of Pakistan (NBP) Multan region has disbursed Rs4.406 billion among 4,531 persons under Prime Minister's Youth Loan Scheme during the last two years, officials said on Thursday. Overall, the NBP disbursed Rs17.127 billion among 17,081 applicants across Pakistan and Multan region's contribution of Rs4.406 billion comes to approximately 26.52 percent of the total disbursement, NBP Multan Regional Head Farrukh Ghauri told APP. He said that NBP Multan region had released Rs1.748 billion to 1,622 applicants and another Rs2.659 billion to 2,909 applicants in 2016 and in the first one and half months of 2017 ie till February 15, he added. NBP Multan region General Manager Operations Kamran Tareen said that the government had allocated 50 percent quota for women but number of women applicants remained far less than the allocated quota. However, all the 594 women applicants were granted approval and Rs0.577 billion were disbursed among them, he added.


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