U Microfinance Bank and Shahid Afridi Foundation Collaborate to Uplift Pakistan's Education Sector - Press Release issued by U Microfinance Bank Limited.

Islamabad -- October 27, 2022 (PPI-OT)

Following is the text of press release issued by U Microfinance Bank Limited (U Bank)

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U Microfinance Bank has joined hands with Shahid Afridi Foundation (SAF) for the SAF Education initiative. Under this partnership, U Bank will support the establishment of an IT Lab at SAF School, Malikpur Campus, Lahore.

This collaboration is aimed at uplifting the education sector in Pakistan and will enable 430 students, currently enrolled at the campus, to learn computer usage, coding, and programming skills. In addition, this collaboration will open doors for the provision of financial services to the SAF across a broad spectrum of banking solutions.

The MoU signing ceremony was held at U Bank's head office in Islamabad, and was signed by Kabeer Naqvi, President and CEO - U Microfinance Bank, and Shahid Afridi - Chairman SAF, in the presence of the senior management of both the collaborating organizations.

On the occasion, Shahid Afridi, Chairman SAF, stated, "Today's students need 'twenty-first-century skills,' like critical thinking, problem-solving, creativity, and digital literacy. Learners of all ages need to become familiar with new technologies and cope with rapidly changing workplaces."

He also stated that the partnership with U Bank was the first step to uplifting underserved communities, and that SAF would further expand this partnership to reach various sectors of the economy. Kabeer Naqvi, President and...