Bank Alfalah has significantly expanded its partnership with the Benazir Income Support Program (BISP), becoming the primary service provider for 4.3 million beneficiaries across seven clusters nationwide. The bank will now disburse nearly half of the program’s total funds.
Since 2011, Bank Alfalah has been a pioneer in digital social cash transfers for BISP. This expanded role reinforces the bank’s commitment to financial inclusion and poverty alleviation.
In a recent meeting, Bank Alfalah and BISP leadership reaffirmed their shared vision for empowering beneficiaries. Beyond cash transfers, the bank is focused on financial literacy and creating economic opportunities for program participants.
Leveraging its extensive network and digital capabilities, Bank Alfalah aims to enhance the lives of millions of Pakistanis through this expanded partnership.