Strong confidence of expatriate Kashmiris, effective strategy, Bank of Azad Jammu and Kashmir’s remittances crossed the highest level of Rs. 4.6 billion figure Under the patronage of the Government especially the Chairman of the Board of Directors, the supervision of the Bank President, business goals achieved   MUZAFARABAD ( WebRead More →

MMBL Joins Hands with Avanza Solutions to Launch DOST Corporate Portal ISLAMABAD ( Web News ) Mobilink Microfinance Bank Limited (MMBL) has collaborated with Avanza Solutions to develop and deploy a state-of-the-art enterprise banking solution, DOST Corporate Portal. This platform is part of MMBL’s strategic pursuit to optimize operations andRead More →

 LAHORE ( Web News ) The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 2, 2023, approved the Bank’s financial results for year ended December 31, 2022. The Bank posted profit after tax growth of 28.1% compared to last year, standing at Rs. 18.206Read More →

LAHORE ( Web News ) The Bank of Punjab signed agreements with Akhuwat Islamic Microfinance and National Rural Support Program (NRSP) to extend interest-free financing under the Prime Minister Youth Business & Agriculture Loan Scheme (PMYB&ALS). Through this arrangement, BOP became the first bank to provide financing under PMYB&ALS forRead More →

  Visa and WIZZIT Sign an MoU to Launch Tap to Phone in Pakistan and Levant Strategic partnership between Visa and WIZZIT aims to promote financial inclusion and digital transformation, and will facilitate digital payments across merchant network in Pakistan KARACHI ( Web News ) Visa (V):  Visa, the worldRead More →

HIGHEST EVER BRANCHES OPENED BY THE BANK OF PUNJAB IN 2022 LAHORE ( Web News ) The Bank of Punjab celebrated opening of its 780th branch in Lahore on 25th January 2023, making a total of 116 branches opened during 2022 only. Mr. Zafar Masud (President & CEO – BOP)Read More →

Mastercard and ZoodPay join forces to launch first virtual installment card across EEMEA  ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies KARACHI ( Web News ) ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered intoRead More →

President Alvi takes notice of increasing incidents of online bank fraud & scams Directs the Banking Mohtasib of Pakistan to take serious & strong notice of this worrisome ISLAMABAD ( Web news ) President Dr. Arif Alvi has taken serious notice of the rising trend of online banking frauds whereRead More →

KARACHI ( Web News ) It is the religious and constitutional duty of all to lay out a roadmap for the conversion of the financial system of Pakistan to riba-free according to the injunctions of Islam and implement it accordingly. All sectors of government borrowing, external debts, the banking sector, theRead More →

KARACHI ( Web News ) HABIBMETRO Sirat – The Islamic banking brand of HABIBMETRO Bank, organized the first HABIBMETRO Sirat Islamic banking summit which was attended by various stakeholders including SBP, PSX & SECP officials as well as CEO’s and Shariah Board Members of various banks, Shariah scholars, and businessmen.Read More →

Appointment reaffirms Visa’s commitment to supporting clients & partners and accelerating growth in consumer payments and commerce in Pakistan. KARACHI ( Web News ) Visa, the world leader in digital payments, has announced the appointment of Umar Khan who will lead its operations in the country in his new roleRead More →

LAHORE ( Web News ) HBL, the largest and best bank in Pakistan, has partnered with NayaPay to facilitate real-time cross-border transaction flows into Pakistan. Customers can now receive foreign remittances through HBL’s partnering money transfer agents (MTOs) directly into their NayaPay account. NayaPay, a leading E-Money Institution in Pakistan, enablesRead More →