Commercial Banks in Pakistan Can Revolutionize Microfinance Sector for Poverty Alleviation.
Commercial banks in Pakistan can help reduce poverty by transferring funds to the microfinance sector. By changing their mindset and focusing on the needs of microfinance, commercial banks can play a crucial role. Examples from Zimbabwe, Kenya, and Sri Lanka show that commercial banks can succeed in microfinance with the right approach. The State Bank of Pakistan has issued guidelines to support the growth of the microfinance sector in the country.