Empowering Future Generations with Financial Literacy

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Another major milestone for NIBAF Pakistan in collaboration with Karandaaz Pakistan, Punjab Education Foundation and Bank of Punjab. 

We are proud to be part of a transformative initiative to roll out financial literacy across 1,000 Punjab Education Foundation (PEF) schools, reaching over 100,000 students in the pilot phase. This impactful partnership with Karandaaz Pakistan, Punjab Education Foundation (PEF), and the Bank of Punjab (BoP) aims to embed essential financial knowledge such as earning, saving, budgeting, financial planning, inflation and digital banking into the learning experience of students across PEF schools in Punjab.

 NIBAF Pakistan will lead the training of PEF Master Trainers and nearly 2,000 teachers, equipping them to deliver engaging, weekly financial literacy sessions.

 The signing ceremony in Lahore was graced by key dignitaries, Ms. Lubna Malik – Co-CEO, NIBAF Pakistan, Mr. Sharjeel Murtaza – Chief Digital Officer, Karandaaz Pakistan, Mr. Khalid Nazir Wattoo – Secretary, School Education Department, Government of Punjab, Malik Shoaib Awan – Chairman, Punjab Education Foundation, Mr. Shahid Farid – Managing Director, Punjab Education Foundation, Mr. Shakeel Ahmad – Member, Chief Minister’s Advisory Committee on Education and Mr. Raza Bashir – Chief of Staff & Strategy, Group Head, The Bank of Punjab.

This program builds upon our successful model implemented in Islamabad with the Ministry of Federal Education and Professional Training and the Federal Directorate of Education, further aligning with Pakistan’s National Financial Education Roadmap (2025–2029) led by State Bank of Pakistan (SBP).

 It also contributes toward achieving the Sustainable Development Goals (SDGs), Quality Education, Decent Work and Economic Growth and Reduced Inequalities.

Together, we’re shaping financially informed and empowered youth for a better tomorrow!