Banking Sector Archives - Page 14 of 81

The technology giant appoints J.K. Khalil as Division President for East Arabia Mastercard redefines strategic leadership roles to drive focus on growth and digital transformation

On: May 8, 2024

Tagged: Growth and digital transformation, J.K. Khalil Division President, Mastercard announcement, regional leadership

Mastercard redefines strategic leadership roles to drive focus on growth and digital transformation across Middle East markets The technology giant appoints J.K. Khalil as Division President for East Arabia KARACHI ( Web News ) Mastercard has announced strategic enhancements to its leadership roles in the Middle East. The move isRead More →

Bank of Punjab has joined hands with Google Cloud Startup Competition 2024 "We're thrilled to welcome Bank of Punjab as a strategic partner for the Google Cloud Startup Competition," said Umar Farooq

On: May 5, 2024

In: Banking Sector

Tagged: bank of punjab, Google Cloud Startup, LUMS and NIC, Tech Valley

Bank of Punjab Join Hands with Google Cloud & Tech Valley as Strategic Partner for Google Cloud Startup Competition Pakistan 2024 KARACHI ( Web News ) Bank of Punjab (BoP) has joined hands with Google Cloud Startup Competition 2024 as its strategic partner which is being organised at national levelRead More →

BankIslami Achieves Remarkable Financial Results of PKR 6.3 Billion Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders.

On: April 29, 2024

In: Banking Sector

Tagged: Adverse market conditions, BankIslami, Profit PKR 6.3 Billion, Remarkable Financial Results

BankIslami Achieves Remarkable Financial Results of PKR 6.3 Billion Before Tax Profit in Q1 2024! LAHORE ( Web News ) Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders, with a remarkable 99% surge in its profit before tax for the first quarter of 2024. The Bank’sRead More →

Zindigi, MyTM & Cashin to digitize the pilgrimage experience for Pakistani citizens This initiative, unveiled at the LEAP conference this year, introduces a cashless Hajj and Umrah experience

On: April 28, 2024

In: Banking Sector

Tagged: Cashless Hajj and Umrah, Digitize pilgrimage experience, MyTM & Cashin, Pakistani citizens, Zindigi

Zindigi, MyTM & Cashin to digitize the pilgrimage experience for Pakistani citizens, pioneering a new era in Hajj convenience LAHORE ( Web News ) In a groundbreaking move, Zindigi, powered by JS Bank & MyTM in collaboration with Cashin (KSA), has launched an innovative payment system specifically for Pakistani pilgrims,Read More →

Telenor Microfinance Bank Announces PKR 1.2 Billion Pre-tax Profit for 2023 The Bank reported revenue growth of 70% year-over-year of PKR 28 billion, driven by 90% growth in net markup income

On: April 19, 2024

In: Banking Sector

Tagged: Digital Financial Services, PKR 1.2 Billion Profit, Revenue growth of 70%, Telenor Microfinance Bank

Telenor Microfinance Bank Announces PKR 1.2 Billion Pre-tax Profit for Financial Year 2023, a Testament to its Innovative Digital-First Banking Model ISLAMABAD ( Web News ) Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform easypaisa, announced its financial results for the year ended December 31, 2023,Read More →

Mobilink Bank registers doubling its revenue in Q1 2024 MBL, has reported a staggering 97% increase in revenue during Q1 2024 compared to the same period last year.

On: April 19, 2024

In: Banking Sector

Tagged: Doubling revenue, Mobilink Bank Ltd, Staggering 97% increase, Stakeholder confidence

Mobilink Bank registers a solid start to the year by doubling its revenue in Q1 2024 ISLAMABAD ( Web News ) Pakistan’s leading digital microfinance institution, Mobilink Bank, has reported a staggering 97% increase in revenue during Q1 2024 compared to the same period last year, marking a powerful startRead More →

Bank Al-Falah Approves Offer From Bank Asia To Acquire Operation And Liabilities Bank Al-Falah intends to seek approval from the SBP for Bank Asia to initiate due diligence on Bank Al-Falah, Bangladesh.

On: April 18, 2024

In: Banking Sector

Tagged: Bank Al-Falah, Bank Asia Bangladesh, Operation And Liabilities, State Bank Pakistan

Bank Al-Falah Approves Offer From Bank Asia To Acquire Operation, Assets And Liabilities Of The Bank. ISLAMABAD ( Web News ) The Board of Directors of Bank Al-Falah Limited approved the offer from Bangladesh’s Bank Asia Limited to acquire the operations, assets, and liabilities of the bank. In a noticeRead More →

Three in four people would be happier living in a smart and connected city. Report Urban residents seek digital access to services, strong data security and super-app convenience

On: April 3, 2024

In: Banking Sector

Tagged: Digital access to services, Egypt Saudi Arabia UAE, Mastercard Cities of Future, Smart and connected city

Karachi ( Web News ) Three in four people would be happier living in a smart and connected city, according to a new report by Mastercard, which features insights related to human aspirations and technological progress for smart cities in the Middle East. By 2050, two-thirds of the world’s populationRead More →

Karandaaz and Bank of Punjab Join Forces to Digitize Agriculture Lending The agreement signing, held in Islamabad, was performed by President & CEO BoP, and CEO of Karandaaz

On: April 2, 2024

In: Banking Sector

Tagged: Agriculture Sector, bank of punjab, Digitize Agriculture Lending, Karandaaz Pakistan

Karandaaz Pakistan and the Bank of Punjab Join Forces to Digitize Agriculture Lending ISLAMABAD ( Web News ) The Bank of Punjab (BOP) and Karandaaz Pakistan join forces in a strategic alliance aimed at revolutionizing Pakistan’s Agriculture Sector under Karandaaz’s inaugural Digital Financing for Agriculture (DFA) Challenge 2023. The landmarkRead More →

The decision to pay pensions to 11,500 pensioners of NBP is upheld NBP should pay Rs 60 billion as pension to 11,500 retired employees: Supreme Court

On: March 21, 2024

In: Banking Sector

Tagged: 11500 pensioners, Decision to pay pensions, Pakistan Supreme Court, Pay Rs 60 billion

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 SBP Drive Digital Evolution with Raast P2M This strategic move reflects a significant leap towards a digitally inclusive economy.

On: March 16, 2024

In: Banking Sector

Tagged: digital evolution, Raast P2M QR codes, State Bank of Pakistan, Zindigi

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 Microfinance Bank by Dutch Company This transaction marks a significant development in the microfinance banking sector of Pakistan.

On: March 14, 2024

In: Banking Sector

Tagged: Acquisition of Bank, Banking sector of Pakistan., Dutch Company, The Competition Commission

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 →

Banking Sector (Page 14)