A signing ceremony was held at JS Bank Head Office for signing of MOU between JS Bank Limited and Nizam Energy (Pvt) Limited on September 16, 2013 to promote and finance Solar Systems Solutions in Pakistan as part of JS Bank’s business strategy and corporate social responsibility. JS Bank conducts its social corporate responsibility through its own initiatives and also in collaboration with the Mahvash & Jahangir Siddiqui Foundation. Pakistan being in the sunny belt is fortunate to have long sunshine hours coupled with high insulation levels and is ideally located to take advantage of solar energy technologies. Pakistan can make use of this freely available and widely distributed solar energy for improving the socio-economic conditions of the people living in remote areas and to reduce the poverty level. Such initiatives can play a significant role in order to provide a feasible solution to the energy crises being faced by the country and its citizens. Over the last few years JS Bank has aggressively expanded its footprint across Pakistan with over 185 online branches in 100 cities. It is one of the fastest growing banks in the country which alludes to the financial strength of the Bank as well as its long-term approach to building businesses across market segments. The bank has been assigned credit rating of A+ by The Pakistan Credit Rating Agency (PACRA) which further indicates the financial health of the bank and the trust reposed in it by the country’s premier credit rating agency. JS Bank is part of the JS Group, one of Pakistan’s largest and most prominent business entities.
