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JS Bank promotes Solar Systems Solutions financing

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.

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