Category: Featured
Meezan Bank To Provide Financing to 3 Hospitals Without Profit
Meezan Bank’s management has approved a loan of Rs. 200 million each for three charitable hospitals providing treatment to COVID-19 patients in Karachi.
The bank will provide financing to these hospitals on the basis of Qarze Hasna which also waives off 3 percent profit of the bank on the amount of financing fixed by the State Bank of Pakistan (SBP).
This step is one of the good examples set by a banking company when the whole country is facing a challenging situation. Other profitable banks also came forward to facilitate the speedy development of the healthcare sector for better health services to the masses.
Banks Approve Financing Facility for 11 Hospitals Various commercial banks have approved financing facilities to 23 various hospitals in the tune of Rs. 2.2 billion, according to the SBP.
Commercial banks are also processing financing requests of Rs. 3.6 billion for 23 hospitals/medical centers operating in different cities.
It is expected that large scale facilities will b..
