The decision to pay pensions to 11,500 pensioners of the National Bank is upheld National Bank should pay Rs 60 billion in a month as pension to 11,500 retired employees: Supreme Court ISLAMABAD  (  Web News ) The Supreme Court has upheld the decision to pay pension to 11,500 pensionersRead More →

Zindigi and State Bank of Pakistan Drive Digital Evolution with Raast P2M LAHORE  (  Web  News  ) Zindigi aligning seamlessly with the strategic vision of the State Bank of Pakistan, leads innovation by empowering merchants nationwide with Raast  P2M Merchants Payments Ecosystem. Zindigi, powered by JS bank is one ofRead More →

CCP Authorizes Acquisition of Pakistani Microfinance Bank by Dutch Company ISLAMABAD  (  Web  News  ) The Competition Commission of Pakistan (CCP) has approved the acquisition of Advans Pakistan Microfinance Bank Limited by a Dutch-based holding company, MNT–Halan Pak B.V. This transaction marks a significant development in the microfinance banking sectorRead More →

Successful Completion of Initial Public Offering & Listing of BankIslami Ehad Sukuk II. LAHORE   (  Web  News  ) BankIslami is pleased to announce the successful completion of the Initial Public Offering (IPO) and the listing of BankIslami Ehad Sukuk II. This perpetual instrument, with an issue size of PKR 1.0Read More →

Mobilink Bank and BizBpartner to drive financial inclusion, empowering women micro-entrepreneurs  ISLAMABAD  ( Web News  ) Mobilink Bank partnered with BizB, a leading marketplace in Pakistan, welcoming the company as a ‘Brand Ambassador Organization,’ to drive financial inclusion and bolster women micro-entrepreneurs nationwide. This symbiotic partnership strives to offer easilyRead More →

JS Bank and Zindigi Unveil HER Debit Cards on International Women’s Day LAHORE   (  Web  News  ) In a significant step towards financial inclusion for women, JS Bank and Zindigi announced the launch of the JS HER Debit Card and the HER Zindigi Debit Card on International Women’s Day, markingRead More →

“BankIslami Unveils Extraordinary Financial Triumph with Unprecedented Results.” LAHORE   (  Web  News ) BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December 31, 2023. The bank reported a staggering after-tax profit of PKR11.04 billion, showcasing its exceptional performance. Net profit and return surged byRead More →

Bank Alfalah becomes the largest service provider to benefit over 47 percent of BISP beneficiaries all over Pakistan ISLAMABAD  (  Web  News  ) In a remarkable feat towards social empowerment, Bank Alfalah, one of the largest commercial banks in Pakistan, is proud to announce the expansion of its partnership withRead More →

The Bank of Punjab Clinches “Best SME Bank in Pakistan” LAHORE  (  Web  News  ) Title at Global SME Banking Innovation Awards 2024 by The Digital Banker The Bank of Punjab is thrilled to receive the prestigious title of “The Best SME Bank in Pakistan” during the Global SME BankingRead More →

Mobilink Bank’s “Change to Sustain” program drives sustainability with PKR 2.5 Billion ISLAMABAD  (  Web  News  ) Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to Sustain,” signaling a step forward in its journey towards operational transformation and promoting environmental stewardship within the banking sector.Read More →

easypaisa Partners with Bank Alfalah for International Remittances ISLAMABAD  (  Web  News  ) Bank Alfalah, one of the largest commercial banks in Pakistan has partnered with easypaisa, Pakistan’s leading digital financial services platform, to enable customers to conveniently collect international remittances into their mobile wallets. This collaboration aims to simplifyRead More →

TMB, Ericsson strengthen partnership to propel easypaisa financial services Ericsson’s fintech solution, the Ericsson Wallet Platform, will support positioning Telenor Microfinance Bank as a Digital Bank (subject to regulatory approvals) by offering a wide range of new and innovative digital financial services. The reinforced partnership with Ericsson will focus onRead More →