Waqar Abbas Mondoq Chairman Credit, Risk and Compliance Board committee formally approved three major policies of the bank in its drive to transform the bank on modern lines.
Speaking to the media the chairman added that Gilgit Baltistan has huge potential in sectors like tourism, Agri based startups and service industry.
The bank will start providing patient capital and startup financing in order to boost the entrepreneurial ecosystem of Gilgit Baltistan. Karakorum Cooperative bank is the largest GB owned bank in Gilgit baltistan and have presence almost in all districts of GB.
The bank in its history implemented first formal policies and frameworks under the new chairman to bring quality reforms in the bank.
