Banking Sector Archives - Page 17 of 81

KMB Celebrates Highest Recovery Mark and Deposit Base for Fiscal Year 2023 The event was a moment of pride and reflection, highlighting the collective efforts that contributed to the bank's success.

On: January 15, 2024

Tagged: Highest Recovery Mark, Khushhali Microfinance Bank, PKR 101 Billion in deposits., President & CEO Aameer Karachiwalla

Khushhali Microfinance Bank Limited Celebrates Highest Recovery Mark and Deposit Base for Fiscal Year 2023 ISLAMABAD ( Web News ) Khushhali Microfinance Bank Limited (KMBL), the first-specialized microfinance bank in Pakistan, commemorated its achievement forthe fiscal year 2023 (FY 2023). The newly established recovery unit of the microfinance bank hasRead More →

BOP offers Loans: 10,000 eBikes and eRickshaws each This initiative featured the launch of an interest-free scheme in partnership with The BOP

On: January 12, 2024

In: Banking Sector

Tagged: 10000 eBikes and eRickshaws, BOP offers Loans, Mr. Mohsin Raza Naqvi, The Bank of Punjab

BOP offers Interest Free Green Loans: 10,000 eBikes for Students and 10,000 eRickshaws in Punjab LAHORE ( Web News ) The Government of Punjab, Transport Department,held a launch ceremony on January 09, 2024 to introduce exciting initiatives aimed at revolutionizing Transportation Sector. The event, held at Faletti’s Hotel Lahore, showcasedRead More →

Bank Alfalah launch 1000th branch and surpassing PKR 2 trillion deposits The launch of the 1000th branch signifies a remarkable journey. Over 26 years ago, starting in 1997,

On: January 3, 2024

In: Banking Sector

Tagged: Bank Alfalah Limited, Launch 1000th branch, Leading financial institution, PKR 2 trillion deposits

Bank Alfalah launch of its 1000th branch and surpassing PKR 2 trillion deposits LAHORE ( Web News ) Bank Alfalah Limited, one of the leading commercial banks in Pakistan, achieved two significant milestones with the launch of its 1000th branch and the surpassing PKR 2 trillion deposits, reflecting its enduringRead More →

BOP Launching SME Environment & Performance Index The BOP and Reenergia-Ipsos entered into an Agreement for the development of a ''BOP-PAK-SEPI”.

On: January 3, 2024

In: Banking Sector

Tagged: ''BOP-PAK-SEPI”., bank of punjab, Reenergia-Ipsos, USAID for Pakistan

BOP Launching SME Environment & Performance Index LAHORE ( Web News ) The Bank of Punjab (BOP) and Reenergia-Ipsos entered into an Agreement on 29th December 2023 for the development of a “Pakistan SME Environment & Performance Index (BOP-PAK-SEPI)”. The Index shall be the first of its kind, track the environmentRead More →

Mobilink Bank closes 2023 with 41% increase in MSME Disbursements “At Mobilink Bank, gender equity and sustainability will remain focal points as we enter New Year 2024.

On: January 2, 2024

In: Banking Sector

Tagged: Closes with 41% increase, Gender equity & sustainability, Mobilink Bank, MSME Disbursements

Mobilink Bank closes 2023 with 41% increase in MSME Disbursements ISLAMABAD ( Web News ) Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a significant 36% of its total loan portfolio and a noteworthy MSME Growth (YoY) of 41% in 2023. TheRead More →

JS Bank Reflects on the Year of Progress and Growth JS Bank also remained committed to expanding its footprint across the country

On: January 2, 2024

In: Banking Sector

Tagged: Acquisition of BankIslami, Branches rural & urban, JS Bank, Progress and Growth

JS Bank Reflects on the Year of Progress and Growth KARACHI ( Web News ) As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of progress and growth to provide the best-in-class services to its customers. In a year full ofRead More →

Meezan Bank and PAFLA join hands to empower the country’s freelance community Under this agreement PAFLA will facilitate the redirection of freelancers from diverse domains to Meezan Bank

On: December 24, 2023

In: Banking Sector

Tagged: Efficient remittance, Freelance community, Hassle-free account, Meezan Bank, PAFLA

Meezan Bank and Pakistan Freelancers Association (PAFLA) join hands to empower the country’s freelance community KARACHI ( Web News ) Meezan Bank, Pakistan’s leading Islamic bank has recently signed a Memorandum of Understanding (MoU) with Pakistan Freelancers Association (PAFLA), to extend specialized banking services to the freelance community. The MoURead More →

BOP Launches Free Helmet Drive for Safer Roads We are pleased to announce a special initiative focused on road safety and community welfare.

On: December 23, 2023

In: Banking Sector

Tagged: Community welfare., Free Helmet Drive, Safer Roads, The Bank of Punjab

BOP Launches Free Helmet Drive for Safer Roads LAHORE ( Web News ) At the Bank of Punjab, our organizational ethos is deeply rooted in the principles of community welfare. We take pride in our commitment to fostering a sense of inclusivity among our people, as it forms the cornerstoneRead More →

BOP conducts first transaction under EXIM Bank’s Export Finance Facility EXIM Bank will channel the GOP interest rate subsidy to banks to offer low-cost financing to exporters.

On: December 22, 2023

In: Banking Sector

Tagged: Exim Bank, Export Finance Facility, State Bank of Pakistan, The Bank of Punjab

BOP conducts first transaction under EXIM Bank’s Export Finance Facility ISLAMABAD ( Web News ) The Bank of Punjab (BOP) becomes the first bank to execute a transaction for Export Import Bank of Pakistan (EXIM Bank) under its newly launched Export Finance Scheme (EFS) Facility. Under the facility, EXIM BankRead More →

Meezan Bank holds its 63rd Shariah Board Meeting Shariah Board held under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani.

On: December 21, 2023

In: Banking Sector

Tagged: Meezan Bank, Muhammad Taqi Usmani., Pakistan Sukuk, Shariah Board Meeting

Meezan Bank holds its 63rd Shariah Board Meeting chaired by Justice (Retd.) Muhammad Taqi Usmani KARACHI ( Web News ) The 63rd meeting of Meezan Bank’s Shariah Board held at Darul Uloom, Karachi under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani, along with other members of the Shariah Board, Dr.Read More →

Visa and Daraz partner to launch first e-commerce co-branded cards for Pakistan As with all Visa cards, consumers will enjoy secure, quick, and seamless transactions.

On: December 20, 2023

In: Banking Sector

Tagged: 34 million active users, co-branded cards, Online Shopping, Pakistan’s e-commerce

Daraz and Visa partner to launch first e-commerce co-branded cards for Pakistan ISLAMABAD ( Web News ) A ground-breaking move, Daraz, Pakistan’s leading e-commerce platform has teamed up with global payments technology company Visa to introduce co-branded cards for e-commerce usage. This strategic alliance is set to transform the onlineRead More →

Bank Alfalah launches Digital Payments Sales and Service Centers

On: December 20, 2023

In: Banking Sector

Tagged: Bank Alfalh, Digital payments hubs, Launches Digital Payments, Sales and Service Centers

Bank Alfalah launches Pakistan’s First Digital Payments Sales and Service Centers focusing on merchants and small businesses LAHORE ( Web News ) Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan’s first Digital Payments Sales and Service Centers- digital payments hubs strategically positioned in the vibrant and bustling Badar CommercialRead More →

Banking Sector (Page 17)