The World Bank’s Consultative Group to Assist the Poor (CGAP), in one of its studies has also recognized Pakistan as one of the fastest growing branchless banking markets in the world, and a laboratory of innovation. We hope that with the entry of new players and scaling-up of the existing institutions the present growth momentum will build up strongly and progressively.
Before I close, I would like to emphasize on our broader goal i.e. to provide inclusive financial services to poor and low income groups. I firmly believe that microfinance and branchless banking are complementary to each other, and together they will bring the advantages of inclusiveness, convenience, ubiquity, and efficiency.