Banking Sector Archives - Page 10 of 79

easypaisa Partners with Faysal Bank to Streamline International Remittance Collection “In Pakistan, remittances are a crucial lifeline that supports families and fuels dreams. Farhan Hassan

On: July 30, 2024

Tagged: easypaisa Partners, Faysal Bank Limited, Millions of Pakistanis, Remittance Collection

easypaisa Partners with Faysal Bank to Streamline International Remittance Collection ISLAMABAD ( WEB NEWS ) easypaisa, Pakistan’s leading digital financial services platform, has announced a strategic partnership with Faysal Bank Limited (FBL), one of the premier commercial banks in Pakistan, to simplify the process of receiving international remittances. This collaborationRead More →

Mashreq’s Net Profit in the first half increase by 14% to AED 4bn. We are proud of our achievements and remain committed to our strategic vision of innovation, customer-centric solutions.

On: July 30, 2024

In: Banking Sector

Tagged: First half increase, Mashreq’s Net Profit, Net Profit 14%, Positive Outlook

Strong business performance and positive outlook underpinned by robust customer activity and stable macroeconomic environment see Mashreq’s Net Profit in the first half increase by 14% to AED 4bn. Dubai, UAE ( WEB NEWS ) Mashreq is pleased to announce its financial performance for the first half of 2024, highlightingRead More →

Meezan Bank and Haball Sign Referral Arrangement Agreement This agreement marks a significant step forward in the strategic partnership between Meezan and Haball

On: July 28, 2024

In: Banking Sector

Tagged: Haball Sign Agreement, Meezan Bank Pakistan, Strategic partnerships

Meezan Bank and Haball Sign Referral Arrangement Agreement KARACHI ( WEB NEWS ) Meezan Bank, Pakistan’s leading Islamic bank, has recently announced that it has entered into a referral arrangement with Haball Pvt Ltd, a premier digital payments platform. Mr. Muhammad Abdullah Ahmed, Group Head – Transaction and International BankingRead More →

Mobilink Bank upgrades treasury operations with AutoSoft Dynamics

On: July 26, 2024

In: Banking Sector

Tagged: AutoSoft Dynamics, Mobilink Bank, Treasury operations, VEON group

Mobilink Bank upgrades treasury operations with AutoSoft Dynamics for enhanced efficiency ISLAMABAD ( WEB NEWS ) Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a renowned global provider of core banking and financial application solutions, as a strategic partner to automate their treasury operations. UnderRead More →

Jahanzeb Khan as New President & CEO Telenor Microfinance Bank

On: July 24, 2024

In: Banking Sector

Tagged: Digital Financial Services, Global banking experience, Jahanzeb Khan President & CEO, Telenor Microfinance Bank

Telenor Microfinance Bank Announces Jahanzeb Khan as New President & CEO After a thorough and wide-ranging selection process, the Board is delighted to appoint Jahanzeb Khan to lead Telenor Microfinance Bank. Irfan Wahab Khan ISLAMABAD ( WEB NEWS ) Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial servicesRead More →

Bank Alfalah Welcomes the 10th Batch of Management Trainee Program

On: July 23, 2024

In: Banking Sector

Tagged: 18 talented graduates, ALFA Lead program, Bank Alfalah, Management Trainee Program

Bank Alfalah Welcomes the 10th Batch of Management Trainee Program ISLAMABAD ( WEB NEWS ) Bank Alfalah, a leading commercial bank in Pakistan welcomes the 10th batch of ALFA Lead, Management Trainee Program. This year, the program saw an overwhelming response with over 7,100 applications, representing the Bank’s reputation as anRead More →

Telenor Microfinance Bank Awarded PCI DSS Certification

On: July 23, 2024

In: Banking Sector

Tagged: Cardholder Data Security, PCI DSS Certification, Qualified Security Assessor, Telenor Microfinance Bank

Telenor Microfinance Bank Awarded PCI DSS Certification, for excellence in Cardholder Data Security LAHORE ( WEB NEWS ) Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform easypaisa, has achieved a significant milestone by receiving the prestigious Payment Card Industry Data Security Standard (PCI DSS) certification (ver.4.0)Read More →

BAL Enriches Tap and Pay, Enabling Secure Digital Payments for Android Mobile Users One million Bank Alfalah credit and debit cardholders can perform their daily transactions using a Digital Token

On: July 9, 2024

In: Banking Sector

Tagged: Bank Alfalah Ltd, Credit and debit cardholders, Enriches Tap and Pay, Secure Digital Payments

Bank Alfalah Enriches Tap and Pay, Enabling Secure Digital Payments for Android Mobile Users LAHORE ( WEB NEWS ) Bank Alfalah, one of the largest commercial banks in Pakistan, has announced the evolution of its Tap and Pay service, which is for Near-Field-Communication (NFC)-enabled cards at point-of-sale (POS) terminals atRead More →

Vision 2028, SBP aims to increase outstanding Agri-finance portfolio to Rs 1,000 billion SBP & PBA takes significant steps to grow Agriculture, SME and Digital & Technology sectors of the Banking Industry

On: July 8, 2024

In: Banking Sector

Tagged: Agri-finance portfolio, Pakistan Banks’ Association, SBP Vision 2028, State Bank Pakistan

State Bank of Pakistan & Pakistan Banks Association takes significant steps to grow Agriculture, SME and Digital & Technology sectors of the Banking Industry KARACHI ( WEB NEWS ) The Governor, State Bank of Pakistan (SBP), chaired the second Steering Committee meeting on July 4th 2024 on initiatives aimed atRead More →

Pakistan financial sector showed steady performance, expanded 27 % in 2023 The non-bank financial sector also showed healthy performance, with the asset base of DFIs.

On: July 7, 2024

In: Banking Sector

Tagged: Financial sector, Non-bank financial sector, Pakistan State Bank, Steady performance

The State Bank of Pakistan presented performance, risk assessment of various segments of financial sector in its annual review It notes policy measures and regulatory interventions, coupled with $3 billion IMF bailout, helped improve macroeconomic conditions ISLAMABAD ( WEB NEWS ) Pakistan’s financial sector showed a steady performance and expandedRead More →

SCB CEO Bill Winters Visits OICCI, Highlights Economic Challenges and Opportunities “We see a greater potential in Pakistan and will continue to invest more as per the opportunity. Bill Winters

On: July 6, 2024

In: Banking Sector

Tagged: economic challenges, Overseas Investors Chamber, Potential in Pakistan, SCB CEO Bill Winters

Group CEO of Standard Chartered Bank Bill Winters Visits OICCI, Highlights Economic Challenges and Opportunities KARACHI ( WEB NEWS ) Bill Winters, Group CEO of Standard Chartered Bank (SCB), visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday. During an interactive session with the top executives ofRead More →

BOP Expanding its Horizons to Go Global: New Offices Planned in UAE and Bahrain Currently, BOP is set to close 2024 with over 900 branches, and by 2025 the bank aims to achieve the milestone of 1,000 branches.

On: July 5, 2024

In: Banking Sector

Tagged: Horizons to Go Global, Over 900 branches, The Bank of Punjab, UAE and Bahrain

BOP Expanding its Horizons to Go Global: New Offices Planned in UAE and Bahrain LAHORE ( WEB NEWS ) The Bank of Punjab (BOP) is thrilled to announce a significant milestone in its strategic expansion plan. In a recent Board of Directors meeting held on July 1, 2024, the decisionRead More →

Banking Sector (Page 10)