On:
In: Banking Sector
Tagged: , , ,

President Alvi orders United Insurance Company to pay Rs 4.5 mln insurance claim with 8 years’ profit ISLAMABAD ( Web News ) President Dr. Arif Alvi on Thursday ordered the United Insurance Company (UIC) to pay Rs 4.5 million insurance claim to the customer along with eight years’ profit. TheRead More →

On:
In: Banking Sector
Tagged: , , , ,

Muzaffarabad  ( Web News ) The Bank of Azad Jammu and Kashmir has entered into an agreement with two more companies, Instant Cash and International Money Exchange, for immediate collection and payment of remittances or home remittances from around the world while as, in a short span of three years,Read More →

On:
In: Banking Sector
Tagged: , , ,

JS Bank and State Life Forge Strategic Alliance to provide Financial Solutions for Customers and Employees LAHORE ( Web News ) State Life Insurance Corporation of Pakistan (SLIC) and JS Bank Limited have signed a Memorandum of Understanding (MoU) to provide seamless financial and insurance services to their customers andRead More →

On:
In: Banking Sector
Tagged: , , ,

easypaisa Partners with Esquare to Facilitate Salary Disbursements ISLAMABAD  ( Web News ) easypaisa, Pakistan’s leading digital financial services platform, has partnered with Esquare Services Private Limited, a prominent player in employee and payroll outsourcing, to seamlessly facilitate salary disbursements to employees through easypaisa’s best-in-class digital platform. Esquare will nowRead More →

On:
In: Banking Sector
Tagged: , , ,

Bank Alfalah and ACE Money Transfer Partner to Facilitate Overseas Pakistanis ISLAMABAD ( Web News ) Bank Alfalah, one of the leading commercial banks in Pakistan, strengthens its longstanding partnership with ACE Money Transfer, a leading fintech platform to enable overseas Pakistanis to remit money back home seamlessly. Bank AlfalahRead More →

On:
In: Banking Sector
Tagged: , , ,

easypaisa and foodpanda Transforming Food Orders with Seamless Digital Payment Integration ISLAMABAD ( Web News ) easypaisa and foodpanda have joined hands to introduce seamless payment options for customers. Users will now be able to pay for their orders directly through their easypaisa wallet. This partnership empowers millions of easypaisaRead More →

On:
In: Banking Sector
Tagged: , , , , ,

Mobilink Bank forges Multiple Partnerships to facilitate Customers and Employees ISLAMABAD ( Web News ) Mobilink Bank has entered a series of strategic partnerships to foster holistic well-being for its valued customers and dedicated employees. These partnerships underscore the Bank’s commitment to advancing financial inclusivity and creating a positive socialRead More →

On:
In: Banking Sector
Tagged: , , ,

Visa and NymCard launch plug &play end-to-end issuance platform to help Fintech swiftly launch payment credentials as part of Visa’ Ready To Launch (VRTL) program NymCard joins Visa’s Ready To Launch program as the first company to handle the onboarding process in the MENA and Pakistan region KARACHI ( WebRead More →

On:
In: Banking Sector
Tagged: , , , ,

JS Bank announces BankIslami acquisition LAHORE ( Web News) JS Bank has announced the successful acquisition of an additional 67.33% stake in BankIslami Pakistan Limited, a move that solidified its position as one of Pakistan’s fastest-growing financial institutions. The acquisition was executed through a series of agreements with existing shareholdersRead More →

On:
In: Banking Sector
Tagged: , , , ,

President Alvi directs insurance company to pay Rs 2 million with profit to policyholder Says the bank’s representative allured the complainant by giving wrong information about the Takaful Plan. President Dr. Arif Alvi gave these directions while rejecting a representation filed by Pak Qatar Family Takaful Ltd. ISLAMABAD ( WebRead More →

On:
In: Banking Sector
Tagged: , , , ,

The Bank of Punjab’s Balance Sheet Surpasses Rs. 2 Trillion Mark in 1st Half of 2023  LAHORE ( Web News ) The Board of Directors of The Bank of Punjab convened on August 24, 2023, to review and approve the un-audited Financial Statements for the 1st Half of the year endingRead More →

On:
In: Banking Sector
Tagged: , , ,

President Alvi directs refund of Rs 4.1 million to four bank fraud victims Says loss of money occurred due to the reason that the banks made EFT operational without the account holders’ request ISLAMABAD ( Web News ) President Dr. Arif Alvi has directed two private banks to return aRead More →