Banking Sector Archives - Page 21 of 68

Bank of AZ&K provides loans Rs. 2.09 Billion to employees under “advance Salary Scheme” The needy customers are benefiting from the lowest markup, easy terms, fastest processing loans of BAJK, Spokesman

On: February 14, 2023

Tagged: Advance salary Scheme, Amount Rs. 2.09, Bank of AJK, Loans to employees

Bank of Azad Jammu & Kashmir provides loans of more than 2.09 billion rupees to the employees of AJK Government, autonomous institutions under the “Advance Salary Scheme” The needy customers are benefiting from the lowest markup, easy terms, fastest processing loans of BAJK, Spokesman MUZAFFARABAD ( Web News ) BankRead More →

State Bank to give scheduled status to Bank of AJK The Chairman further said that Bank of AJK needs development and patronage of the federal Government.

On: February 12, 2023

In: Banking Sector

Tagged: Bank of AJK, Bank performance, Scheduled status, State Bank of Pakistan

ISLAMABAD (WEB NEWS) Governor State Bank of Pakistan(SBP), Mr. Jameel Ahmed, while appreciating the performance of Bank of Azad Jammu and Kashmir (BAJK)and the steps taken to achieve Scheduled Bank status, agreed in principle with the position of the SBP to issue the license to BAJK and said that theRead More →

BOP – The First Bank Disbursing Funds under PM Youth Loan Scheme BOP is offering both Shariah-compliant and conventional financing solutions to ensure a wide range of aspirant borrowers can take advantage of the scheme.

On: February 11, 2023

In: Banking Sector

Tagged: Agriculture Scheme, Conventional financing, PM Youth Loan, Shariah compliant, The Bank of Punjab

BOP – The First Bank Disbursing Funds under PM Youth Loan Scheme LAHORE ( Web News ) The Bank of Punjab (BOP) becomes the first bank disbursing funds to Microfinance Providers for the Prime Minister’s Youth Business & Agriculture Scheme (PMYB&ALS). The bank disbursed PKR 100 million to National RuralRead More →

Mastercard and Network launch new Artificial Intelligence fraud-prevention solution Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence technology across the region

On: February 10, 2023

In: Banking Sector

Tagged: Artificial Intelligence, Fraud-prevention solution, Mastercard, Network International, Payment card fraud

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution Partnership addresses rising fraud, declines and chargebacks KARACHI ( Web News ) Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacksRead More →

Bank Alfalah aims to enhance financial inclusivity for women in rural areas. Bank Alfalah and IET has led to the successful completion of 40 workshops, attended by over 1000 women from various areas of Karachi and Thar.

On: February 10, 2023

In: Banking Sector

Tagged: 40 workshops, Bank Alfalah, Financial inclusivity, Indus Earth Trust, Women in rural areas.

Bank Alfalah aims to enhance financial inclusivity for women in rural areas. KARACHI ( Web News ) Bank Alfalah, one of the largest commercial banks in Pakistan, has collaborated with Indus Earth Trust (IET), a not-for-profit organization, to host several financial educational sessions with Benazir Income Support Programme (BISP) beneficiariesRead More →

BAJK delegation called upon Mr. Jameel Ahmed, Governor State Bank of Pakistan The Governor SBP was briefed by President Mr. Khawar Saeed on the history of the state owned bank, its management structure, rapid development.

On: February 9, 2023

In: Banking Sector

Tagged: BAJK delegation, Financial progress, Governor SBP was briefed, Mr. Jameel Ahmed, President Mr. Khawar Saeed

ISLAMABAD ( Web News ) Mr. Khan Abdul Majid Khan , Chairman Bank of Azad Jammu and Kashmir and Mr. Khawar Saeed, President and Chief Executive Officer BAJK called upon Mr. Jameel Ahmed, Governor State Bank of Pakistan (SBP) the other day. Mr. Mubasher Nabi ,Director Bank and Mr. ShahidRead More →

Standard Chartered launches SC Sahar Women’s Account SC Sahar’s asset products offer rate breaks on personal finance and cash back on credit card spend with a first year annual fee waiver.

On: February 9, 2023

In: Banking Sector

Tagged: 24/7 digital banking, Account for Women, Free debit card, SC Sahar Women’s Account, Standard Chartered Bank

Standard Chartered launches SC Sahar Women’s Account KARACHI ( Web News ) Standard Chartered Bank Pakistan Limited (SCBPL) has launched a special bank account for Women named ‘SC Sahar Women’s Account’. This innovative facility will cater to the evolving needs of the Bank’s female customers and reflects Standard Chartered’s focusRead More →

Bank of Azad Jammu and Kashmir has provided loans worth more than 31 crore rupees A large number of needy people are benefiting from loans against gold with the lowest markup rate.

On: February 8, 2023

In: Banking Sector

Tagged: BANK AJK, Gold loan Scheme, lowest markup rate, Rs.31 Crore Lone

Bank of Azad Jammu and Kashmir has provided loans worth more than 31 crore rupees to the customers under the special scheme “Gold Loan”. A large number of needy people are benefiting from loans against gold with the lowest markup rate in the market, very easy terms, fastest processing, spokesmanRead More →

Bank of AJK’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

On: February 4, 2023

In: Banking Sector

Tagged: Bank of AJK, Expatriate Kashmirs, highest level, Remittances, Rs. 4.6 billion

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 Through this partnership, the DOST Corporate Portal is built upon the foundations of Avanza’s ‘Ambit Enterprise Banking Platform'

On: February 3, 2023

In: Banking Sector

Tagged: Avanza Solutions, Banking and financial needs, DOST Corporate Portal, Mobilink Microfinance Bank

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 →

Bank Alfalah kept its growth trajectory in 2022 The Bank posted profit after tax growth of 28.1% compared to last year, standing at Rs. 18.206 billion.

On: February 3, 2023

In: Banking Sector

Tagged: Bank Alfalah, Bank’s gross Rs. 765693 b, financial results, Growth of 28.1%

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 →

BOP, Akhuwat and NRSP sign agreements for financing through PMYB&AL Scheme Through this arrangement, BOP became the first bank to provide financing under PMYB&ALS for onward lending to small business owners and agriculture sector.

On: January 31, 2023

In: Banking Sector

Tagged: Akhuwat Islamic Microfinance, NRSP, PMYB&ALS, The Bank of Punjab

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 →

Banking Sector (Page 21)

Bank of AZ&K provides loans Rs. 2.09 Billion to employees under “advance Salary Scheme” The needy customers are benefiting from the lowest markup, easy terms, fastest processing loans of BAJK, Spokesman

State Bank to give scheduled status to Bank of AJK The Chairman further said that Bank of AJK needs development and patronage of the federal Government.

BOP – The First Bank Disbursing Funds under PM Youth Loan Scheme BOP is offering both Shariah-compliant and conventional financing solutions to ensure a wide range of aspirant borrowers can take advantage of the scheme.

Mastercard and Network launch new Artificial Intelligence fraud-prevention solution Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence technology across the region

Bank Alfalah aims to enhance financial inclusivity for women in rural areas. Bank Alfalah and IET has led to the successful completion of 40 workshops, attended by over 1000 women from various areas of Karachi and Thar.

BAJK delegation called upon Mr. Jameel Ahmed, Governor State Bank of Pakistan The Governor SBP was briefed by President Mr. Khawar Saeed on the history of the state owned bank, its management structure, rapid development.

Standard Chartered launches SC Sahar Women’s Account SC Sahar’s asset products offer rate breaks on personal finance and cash back on credit card spend with a first year annual fee waiver.

Bank of Azad Jammu and Kashmir has provided loans worth more than 31 crore rupees A large number of needy people are benefiting from loans against gold with the lowest markup rate.

Bank of AJK’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

MMBL Joins Hands with Avanza Solutions to Launch DOST Corporate Portal Through this partnership, the DOST Corporate Portal is built upon the foundations of Avanza’s ‘Ambit Enterprise Banking Platform'

Bank Alfalah kept its growth trajectory in 2022 The Bank posted profit after tax growth of 28.1% compared to last year, standing at Rs. 18.206 billion.

BOP, Akhuwat and NRSP sign agreements for financing through PMYB&AL Scheme Through this arrangement, BOP became the first bank to provide financing under PMYB&ALS for onward lending to small business owners and agriculture sector.

International Packaging Films intends to raise PKR 1.47 billion through IPO!

HEC Introduces New Selection Criteria For Scholarships, MPhil And PhD Programs