Which Bank gave a loan to Pakistan for its first budget?
Which Bank gave a loan to Pakistan for its first budget?
پاکستان کو اپنے پہلے بجٹ میں کس بینک نے قرض دیا؟
Explanation
- HBL Bank gave a loan to Pakistan for its first budget
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- HBL was the first commercial bank to be established in Pakistan in 1947
- HBL has a major market share in loans to small industries, traders, and farmers.
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- HBL moved its operations to Pakistan in 1947 at the request of Muhammad Ali Jinnah, hence becoming the first commercial bank to lay its foundation in the country