Karandaaz Launches Data Portal on Financial Indicators

Morpheus · Jan 20, 2021

karandaaz Launches Data Portal on Financial Indicators

Posted 13 mins ago by Syeda Masooma

Karandaaz Pakistan – a commercially directed investment platform – has launched a state-of-the-art online data portal with aggregated data on financial services and selected socioeconomic indicators for the country, a press release issued by the company stated.

The portal will have data regarding the encompassing demographics, national economic data, agriculture finance, financial access, and behaviors of individuals, banking infrastructure and transactions, micro, agri, housing finance, small and medium enterprises (SMEs) finance, non-bank financial institutions (NBFIs), mobile money, and telecommunications statistics, the statement said.

The portal is interactive, intuitive, visually appealing, and easy to navigate. It also offers the capability to generate targeted data dashboards along with filtering and layering functionality.

Karandaaz also held a webinar on various features of the data portal and the significance of credible and easy-to-access financial data for decision-makers.

Drawing on publicly available information from reputable sources, the information in the portal will be augmented over time by adding new data categories and metrics.

Karandaaz Pakistan Chairperson, Dr. Shamshad Akhtar, said,

As we come out of the shadows of the pandemic, digital connectivity to, among others, deepen financial inclusion has emerged to be a sustainable solution to reduce poverty and rejuvenate the economy. Pre-COVID gaps in financial inclusion have been glaring”

He said, “Informed decisions backed by metrics, facts, and figures are the best decisions and that is precisely why we at Karandaaz felt that a sophisticated data portal where information is available for sound decision making is critical.”

State Bank of Pakistan (SBP) Deputy Governor, Sima Kamil, said,

As a regulator of the financial sector of any country, the central bank’s reliance on credible data for making policies that are likely to trigger growth and progress are fundamental.

The portal can be accessed at https://karandaaz.com.pk/