NBP and Habib University Foundation Sign MoU for Women's Scholarships

What was announced

• The National Bank of Pakistan (NBP) and Habib University Foundation signed a Memorandum of Understanding (MoU) to expand higher education access for women [1, 3].
• The partnership was formalized at the Habib University Karachi campus on September 30, 2026 [2].
• NBP will provide fully funded four-year undergraduate scholarships to 13 high-achieving female students from across Pakistan [2].
• Preference for these scholarships will be given to students from rural and underserved areas [1, 3].
• The scholarship covers degrees in science, technology, engineering, and mathematics (STEM) as well as the humanities [2].
• The MoU was signed by Mohammad Tariq Rafi, Chairman of the Resource Development Committee at Habib University Foundation, and Mirza Muhammad Asim Baig, Group Chief of the Human Resource Management Group at NBP [1, 3].

NBP Chairman Naved A. Khan stated that the partnership reflects a commitment to supporting talented young women, particularly from underserved communities, to help them build successful futures [1]. He also noted his delight in partnering in the liberal arts [2]. Mirza Muhammad Asim Baig, NBP Group Chief of Human Resource Management, said the bank has a history of creating opportunities for women and hopes this is the start of a lasting partnership [1].

Representing Habib University, President Wasif Rizvi said the initiative ensures talent finds its rightful place and noted that corporate investment could encourage other Pakistani financial and corporate sectors to contribute to education [2]. Habib University Foundation Chairman Mohamedali R. Habib expressed appreciation for the support, stating it allows the team to focus on delivering standards while ensuring deserving youth have access to excellence [2].

Ms. Saman Abbasi, NBP Divisional Head of Capability, Culture & Corporate Impact, noted that such purposeful corporate engagement contributes to a more inclusive society [1]. Since its start in 2014, Habib University has invested more than USD 42 million in scholarships and financial aid [2].