Banking industry’s role highlighted for fast-tracking EV transition in Pakistan
ISLAMABAD, August 1, 2025 (Kamran Raja): Top key representatives of the State Bank of Pakistan and all commercial Banks operating in the country at a high-level consultative meeting mulled over viable consumer financing options and financial support mechanism for unfettered and rapid adoption of electric vehicles (EVs).This was stated by Media spokesperson for the Ministry of Climate Change and Environmental Coordination in a press statement issued here on Friday.The spokesperson, Mohammad Saleem Shaikh, said that the representatives of the country’s banking sector at the meeting with the Ministry of Climate Change and Environmental Coordination (MoCC&EC), pledged all-out measures to explore and introduce workable consumer financing facilities to support the present government’...