Disbursements under PM’s Youth Business Loan soar to Rs17b

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News Desk

News Desk

January 15, 2017

1 min read
Disbursements under PM’s Youth Business Loan soar to Rs17b

Loan disbursements by the National Bank of Pakistan (NBP) under the Prime Minister Youth Business Loan (PMYBL) scheme rose to approximately Rs.17.1 billion with the total number of borrowers exceeding 17,045.

The recovery rate of the loans is 93 percent, which is a remarkable achievement in the context of banking sector average in this regard.

 

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