Govt. lauds JS Bank for supporting Kamyab Jawan Program

In a mega achievement, JS Bank, one of Pakistan’s fastest-growing banks, has to date, created over 5000+ jobs through the disbursement of more than 1500+ loans under the Kamyab Jawan program.

As a result, Prime Minister Imran Khan recognized JS Bank as the Best Private Sector Bank under the Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES), the flagship program of the Government of Pakistan.

Regarding this, Special Assistant to Prime Minister (SAPM) on Youth Affairs Usman Dar visited the JS Bank head office in Karachi to congratulate the bank for its success. SAPM Dar met with Basir Shamsie, President & CEO – JS Bank, and other senior management members to appreciate the bank’s past performance and plans for the future.

We have been recognized by @PakPMO as the Best Private Sector Bank under the @KamyabJawanPK program. @UdarOfficial, SAPM Youth Affairs, visited our head offices to meet with Basir Shamsie, President & CEO – JS Bank, and senior management to appreciate our performance and plans. pic.twitter.com/xULvN6R6dH

— JS Bank (@JSBLPak) February 11, 2022

“Met President of JS Bank and thanked the bank for its support under the Kamyab Jawan program,” Usman Dar tweeted.

دورہ کراچی کے دوران صدر جے ایس بینک سے ملاقات کی اور کامیاب جوان پروگرام کے حوالے سے ان کے تعاون کا شکریہ ادا کیا۔ ملاقات میں @KamyabJawanPK یوتھ لون سکیم کی ایک اور کامیاب سال کی پیش رفت کا جائزہ لیا.نوجوانوں میں 6 ارب روپےکا قرضہ تقسیم کرنے پر کیک بھی کاٹا۔#KamyabJawan pic.twitter.com/y0qUcEnwp3

— Usman Dar (@UdarOfficial) February 9, 2022

Thanking the Prime Minister and Usman Dar for their appreciation, Basir Shamsie said, “As a responsible corporate entity, we work every day to make a positive grassroots impact on people’s lives by supporting economic growth. Under the guidance of the Government of Pakistan and the State Bank of Pakistan, we are continuing our journey towards building a better Pakistan.”

Committed to its role as a catalyst towards Pakistan’s progress and prosperity, the Bank continues to provide innovative conventional and digital financial solutions for customers in the years to come.

Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme

To clarify, the PTI government’s top priority has been to empower the youth of Pakistan. As a result, the government committed over 110bn rupees to the flagship Kamyab Jawan Program, which will channel loans and financial aid to young Pakistanis.

In November 2021, Federal Finance Ministry chose the leading commercial banks of Pakistan for the disbursement of soft loans under the landmark Kamyab Pakistan Program (KPP).

Important to note, easy access to loans under the Kamyab Jawan Program encourages Pakistani youth to move towards self-employment. It is worth mentioning, that according to the Kamyab Jawan official website, 64,108 jobs were created.