Faysal Bank (FBL) has initiated a rural financial inclusion drive in Papnakha Village, Gujranwala, as part of ongoing efforts aligned with the State Bank of Pakistan’s National Financial Inclusion Strategy 2024-28, marking a step toward expanding access to digital banking services in underserved areas. The initiative aims to transition the village toward a cashless, digitally enabled ecosystem, in line with broader national efforts to promote financial inclusion and reduce reliance on informal cash-based transactions.

As part of the programme, FBL has broken ground on a dedicated branch in Papnakha Village, which is expected to improve access to formal banking services for local residents. The branch will support account opening, digital transactions, and other essential financial services.

FBL also conducted financial literacy sessions for community members, focusing on the use of digital financial tools and responsible banking practices. The engagement drew participation from residents, reflecting growing interest in formal financial services at the grassroots level.

The initiative has been implemented despite operational constraints, with stakeholders describing it as an early example of how targeted interventions can support financial inclusion in rural markets.

The development comes as Pakistan continues to push for greater financial inclusion through public-private collaboration, with banks playing a central role in expanding outreach and enabling digital adoption in remote areas.