National Credit Guarantee Company

National Credit Guarantee Company Limited
Company typePublic-private venture
Incorporated18 March 2022
HeadquartersIslamabad, Pakistan
Key people
Kashif Umar Thanvi (Chairman)[1]
Ammar Habib Khan (CEO)[2]
OwnerKarandaaz Pakistan (56%)
Ministry of Finance (44%)[3]
RatingAAA (by PACRA)
Websitencgcl.pk

The National Credit Guarantee Company Limited (NCGCL) is a Pakistani financial company that issues credit guarantees to small and medium enterprises (SMEs) in Pakistan, bolstering financial accessibility and allowing them to borrow money from banks and non-bank financial institutions.[4][5] It was launched on 12 January 2024 as a collaborative public-private venture by the Ministry of Finance and Karandaaz Pakistan, funded by the United Kingdom's Foreign, Commonwealth and Development Office under its Financial Inclusion Program.[3][6][7] It is the first special credit guarantee company in Pakistan for SMEs.[8]

On 27 June 2022, the NCGCL agreed to provide Rs. 10 billion of green financing in a deal with the Ministry of Climate Change.[9]

References

  1. ^ "An interview with Kashif Umar Thanvi, chairperson National Credit Guarantee Company Limited (NCGCL)". Business Recorder. 27 June 2025. Retrieved 12 December 2025.
  2. ^ "About". National Credit Guarantee Company Limited. Retrieved 12 December 2025.
  3. ^ a b "National Credit Guarantee Company Limited Credit Rating Report Jun-25". PACRA. 20 June 2025. Retrieved 12 December 2025.
  4. ^ "National Credit Guarantee Company gets AAA rating". Dawn. 24 June 2025. Retrieved 12 December 2025.
  5. ^ "In a first, credit guarantee company for SMEs launched in Pakistan". Geo News. Associated Press of Pakistan. 12 January 2024. Retrieved 12 December 2025.
  6. ^ "National Credit Guarantee Company launched to bolster financial accessibility for SMEs". Profit by Pakistan Today. 12 January 2024. Retrieved 12 December 2025.
  7. ^ "Govt launches first credit guarantee company for SMEs". Radio Pakistan. Archived from the original on 12 January 2024. Retrieved 12 December 2025.
  8. ^ Abbasi, Zaheer (13 January 2024). "First credit guarantee co launched for SMEs". Business Recorder. Retrieved 12 December 2025.
  9. ^ Bhutta, Zafar (27 June 2025). "Credit guarantee for Rs10 billion green funding agreed". The Express Tribune. Retrieved 12 December 2025.

33°44′01″N 73°05′20″E / 33.733598°N 73.088952°E / 33.733598; 73.088952

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