Mr. Kashif Umar Thanvi, Board Member at Pakistan Agricultural Coalition (PAC), and Chairperson of the National Credit Guarantee Company Limited (NCGCL), recently spoke with Business Recorder about how NCGCL is working to unlock access to finance for underserved sectors. He outlines the company’s strategy to tackle deep-rooted institutional risk aversion in Pakistan’s credit markets — a mission closely aligned with PAC’s goal of promoting inclusive growth in agriculture and beyond.
Mr. Kashif discusses the structural barriers that keep underserved sectors—especially agriculture and SMEs—locked out of formal finance and explains how credit guarantees can help banks build confidence, expand their lending footprint, and unlock new markets. But as he emphasizes, guarantees alone are not enough; a shift in institutional behavior and risk perception is just as critical.
Read the full interview to learn how NCGCL is working to reshape the definition of “bankable” and why this intervention could be a game-changer for inclusive finance in Pakistan.
