Bank of Punjab secures $54.2m on-lending facility from AFD for climate projects in Pakistan.

The Bank of Punjab (BOP) has obtained a $54.2 million on-lending facility from Agence Française de Développement (AFD) to fund climate adaptation and mitigation projects in Pakistan. This agreement, which also includes a €675,000 grant for technical assistance, marks the beginning of a strategic partnership between the two institutions. The formal signing occurred in Paris, attended by key representatives from both BOP and AFD.

6 months ago
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