GB govt, KCBL announce new financing initiatives to promote sustainable economic growth.

GILGIT -- Government of GB and Karakoram Cooperative Bank Limited (KCBL) has announced new financing initiatives to promote sustainable economic growth in Gilgit Baltistan (GB), said Chief Secretary Gilgit Baltistan Muhiudeen Wani in an official statement to the media here, on Tuesday.

He said these initiatives focus on supporting small and medium enterprises (SMEs) and women entrepreneurs in the region. Added that one of the initiatives, called "Roshan GB," offers solar financing to SMEs, providing loans up to Rs. 2 million to encourage the adoption of solar energy solutions.

CS GB said another initiative, "Finance for Women Entrepreneurs," is a...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT