Reflecting Pakistan’s growing stature in the international financial space, JS Bank, one of the country’s fastest growing financial institutions won the ‘Best bank for SMEs’ and ‘Best bank for CSR’ awards at the Asiamoney Awards 2020. The Bank has won the Asiamoney Best Bank for SME award in 2019 as well. 2019 was a year of growth and development at JS Bank. While not amongst the largest banks in Pakistan, JS Bank is amongst the top three when it comes to lending to small and medium-sized enterprises (SMEs). The Bank’s overall SME client roster has increased to approximately 22,000 with parallel business portfolio growth. Under its President and CEO, Basir Shamsie, the Bank has focused on supporting entrepreneurship in the female and differently abled persons’ spaces. In the past year, JS Bank became Pakistan’s first and only financial institution to be accredited by the Green Climate Fund, a global fund working towards countering climate change. It also became fully compliant with the State Bank of Pakistan’s green banking guidelines and took a lead in Pakistan’s solar power market.
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