The Securities and Exchange Commission of Pakistan has announced a collaboration with the Asian Development Bank to strengthen gender diversity and inclusion practices across SECP-regulated Non-Banking Microfinance Companies (NBMFCs), supported by a Training of Trainers programme and a dedicated consumer protection session. Representatives from all NBMFCs attended the two-day Training of Trainers (ToT) workshop on 17-18 December 2024, covering how to identify gender biases, implement inclusive policies, and tailor products and services for women, who make up over 70% of the sector’s clientele. A further session on 23 December 2024 focused on the Consumer Protection Framework for NBMFCs and how it links to the Women Equality in Finance Policy for NBMFCs approved by SECP. The ToT approach is designed to extend the initiative’s reach by enabling participants to train colleagues within their respective NBMFCs.
Securites & Exchange Commission of Pakistan 2025-01-03
Securities and Exchange Commission of Pakistan partners with Asian Development Bank on gender diversity training for non-banking microfinance companies
The Securities and Exchange Commission of Pakistan is collaborating with the Asian Development Bank to enhance gender diversity and inclusion in Non-Banking Microfinance Companies (NBMFCs). This initiative includes a Training of Trainers programme and a consumer protection session, focusing on identifying gender biases and implementing inclusive policies. The programme aims to empower participants to train colleagues, focusing on women, who constitute over 70% of the sector's clientele.