lSLAMABAD ( Web News ) Faysal Bank Limited (FBL) has Launched Manzil Account, a Shariah Compliant regular saving instrument designed to encourage customers to save regularly towards achievement of their financial goals. Customers will have the flexibility to choose their saving contribution and tenor in line with their financial plans,Read More →
Long-standing partners, Mastercard and Uber extend their partnership to boost payment digitization and advance financial inclusion across Pakistan, the Middle East and Africa KARACHI ( Web News ) Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions whichRead More →
Western Union Agreement with Faysal Bank Expands Western Union International Money Transfer Payout to more than 35 Banks ISLAMABAD ( Web News ) Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s leading Islamic banks, to enhance its real-timeRead More →
KARACHI ( Web News ) HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to takeRead More →
LAHORE (Web News ) In view of prevailing COVID-19 situation, the 30th Annual General Meeting of the members of The Bank of Punjab was held on Tuesday, 30th March 2021 at 12:30 p.m. virtually through Zoom Webinar / Video Link to protect well-being of shareholders. The meeting was attended byRead More →
LAHORE ( Web News ) Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of PKR 3.1 billion for the promotion of housing finance in Pakistan. PMRC and its Partner Financial Institutions (PFIs) have joined hands to strengthen and promote the housing finance market by participatingRead More →
LAHORE ( Web News ) BOP Taqwa Islamic Banking has signed a MoU with Dupak Properties Pvt Ltd on 19th March 2021 to extend BOP Taqwa House Finance Facility for DVA’s (Defence View Apartments) individual and eligible customers who are willing to buy apartments in said housing project of DupakRead More →
LAHORE ( Web News ) VEDA Transit Solutions (Pvt.) Ltd. has signed a financing agreement for a PKR 2,600 Million term loan from a syndicate of banks led by the Bank of Punjab as Mandated Lead Advisor & Arranger. Samba Bank Limited, Askari Bank Limited, Bank Alfalah Limited and JSRead More →
LAHORE ( Web News ) BankIslami, Pakistan’s leading Islamic Bank, earned the 10th International Corporate Social Responsibility Award in the categories of “Sustainability Initiatives” and “Social Impact” by fulfilling its vision of serving humanity the right way. . The award is the first and only CSR Award initiativeRead More →
ISLAMABAD ( WEB NEWS ) Apropos media reports related to recently introduced draft State Bank Amendment Act 2021, it is a misconception that SBP will be empowered unabatedly through the proposed act to share financial or non-financial private information with any entity, particularly outside the country. For exchange of informationRead More →
ISLAMABAD ( Web News ) Faysal Bank Limited was honored with five Global Diversity and Inclusion Benchmark (GDIB) Awards during a ceremony held recently in Karachi. The awards were conferred to Tahir Yaqoob Bhatti, Head Retail Banking Faysal Bank, by Sima Kamil, Deputy Governor State Bank of Pakistan, in the categoriesRead More →
LAHORE ( Web News ) The Bank of Punjab has signed Memorandum of Understanding (MoU) with EXIM BANK of Pakistan Limited in order to support in development of business structure and business model for EXIM Bank Pakistan. Under the MoU, both BOP and EXIM would engage with multilateral and bilateralRead More →