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DIG Announces Partnership with TAMEER Bank |
In August 2005, DIG signed an 18-month agreement with
TAMEER Bank, a newly-licensed microfinance bank in
Pakistan. During the first phase of the agreement,
expected to last until June 2006, DIG will play a
critical role in helping TAMEER management with
strategic planning, product design, training, and
operations management support. DIG's senior staff will
remain closely involved throughout all phases of this
important partnership for microfinance in Pakistan, and
DIG has also fielded a Resident Training Advisor in
Pakistan.
TAMEER, capitalized initially at US$ 10 million, was
created by a group of private investors, with the
participation of OPIC, IFC and other institutional
investors. The bank aims to become the largest
microfinance bank in Pakistan and will serve several
hundreds of thousands of clients by the end of its first
five years of operations. |
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This website is copyright of Tameer Microfinance Bank Limited. Its
content and design is copyright of TMFB and of contributors who have
exclusively licensed such copyright to TMFB. © TMFB and contributors
2006-2011. All Rights Reserved. |
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