Banking Sector Archives - Page 31 of 79

BankIslami Announced 142% Growth in Profit Before Tax and First Ever Dividend Profit after tax closed at Rs. 4.44 billion as compared to Rs. 2.13 billion closed during last year i.e. growth of Rs. 108% despite significant increase in tax rates.

On: March 3, 2023

Tagged: 142% Growth, 50% deposits, BankIslami Pakistan, Financial results 2022, profit before tax

BankIslami Announced 142% Growth in Profit Before Tax and First Ever Dividend LAHORE ( Web News ) BankIslami Pakistan Limited (‘the Bank’ or ‘BankIslami’) announced its financial results for the year ended December 31, 2022 declaring a remarkable growth of 142% in profit before tax i.e. Rs. 8.23 billion asRead More →

Bank Alfalah partners with Karachi Relief Trust for Sustainable Housing Bank Alfalah came to the forefront with a strategic plan for redeveloping communities in a viable, equitable and financially inclusive way.

On: March 2, 2023

In: Banking Sector

Tagged: Bank Alfalah, Flood-affected communities, Karachi Relief Trust, Low Cost Housing, PKR 350000 per house

Bank Alfalah partners with Karachi Relief Trust for Sustainable Housing for Flood-Impacted Communities KARACHI ( Web News ) Bank Alfalah, the biggest corporate donor for the flood-affected communities, has partnered with Karachi Relief Trust (KRT) to fund the construction of low-cost sustainable housing for PKR 50 million. Bank Alfalah cameRead More →

e& and Mastercard partner to drive an ambitious digital future for consumers These experiences include providing consumers with innovative alternatives to how they choose to pay for a variety of lifestyle activities.

On: March 1, 2023

In: Banking Sector

Tagged: 16 markets, Asia and Africa, digital future, e& and Mastercard, Middle East

e& and Mastercard partner to drive an ambitious digital future for consumers in 16 markets across the Middle East, Asia and Africa Mastercard’s technology solutions and digital payment expertise will help revolutionize payments, loyalty and personalization as e& transforms its consumer offerings e& accelerates ambitions to enhance e& international’s consumers’Read More →

The most profitable institution of the state has moved towards progress. Mr. Khawar Saeed "Excellence Customer Service Campaign" has launched to improve banking services and increase business relations with customers.

On: March 1, 2023

In: Banking Sector

Tagged: Bank of AJK, CEO Khawar Saeed, Ladies Branch Mirpur, Profitable institution

MIRPUR ( Web News ) Bank of Azad Jammu and Kashmir organized a cake cutting ceremony which was held at Ladies Branch Mirpur on the launch of “Excellence Customer Service Campaign” to improve banking services and increase business relations with customers. Respected customers, executives and officers of the bank participatedRead More →

BankIslami Organizes Tree Plantation Drive for a Greener Tomorrow The tree plantation drive was held on Sunday and saw approximately 100 saplings planted in the F9 Park of the capital city.

On: February 28, 2023

In: Banking Sector

Tagged: 100 saplings planted, BankIslami, F9 Park ISlamabad, Greener Tomorrow, tree plantation drive

BankIslami Organizes Tree Plantation Drive for a Greener Tomorrow ISKAMABAD ( Web News ) BankIslami, Pakistan’s leading Islamic financial institution, organized a tree plantation drive and a friendly bicycle rally on Sunday 26-Feburary-2023 in Islamabad to promote environmental sustainability. The tree plantation drive was held on Sunday and saw approximatelyRead More →

MMBL extends unlimited OPD consultation for its customers MMBL customers will have access to a dedicated telehealth helpline round-the-clock from the comfort of their homes.

On: February 27, 2023

In: Banking Sector

Tagged: Healthcare professionals, MMBL partners, OPD consultation, Sehat Kahani, Telemedicine platform

MMBL extends unlimited OPD consultation for its customers in collaboration with Sehat Kahani ISLAMABAD ( Web News ) Mobilink Microfinance Bank Limited (MMBL), has signed a Memorandum of Understanding (MoU) with Sehat Kahani, a leading telemedicine platform, to provide affordable and accessible Outpatient Department (OPD) consultation services to its existingRead More →

Prime Minister launches BOP Freelancer Segment and Credit Card at PMYB&ALS Event BOP, aims to improve financial access of freelancer community by addressing their transactional, lending and payment related needs.

On: February 27, 2023

In: Banking Sector

Tagged: bank of punjab, Credit card, Freelancer Segment, PM Shehbaz Sharif, PMYB&ALS Event

Prime Minister launches BOP Freelancer Segment and Credit Card at PMYB&ALS Event LAHORE ( Web News ) Prime Minister of Pakistan, Mian Muhammad Shehbaz Sharif, has launched the BOP Freelancer Segment and Credit Card at a ceremony for cheque distribution among the beneficiaries of the Prime Minister’s Youth Business andRead More →

The bank is getting the best business results by making progress towards scheduling. Mr. Khawar Saeed The Bank of AJ&K organized a ceremony in honor of the leading businessmen of the region, including the Azad Kashmir Chamber

On: February 24, 2023

In: Banking Sector

Tagged: BANK AJK, Best business results, Leading businessmen, Mr. Khawar Saeed

Muzaffarabad ( Web News ) The Bank of Azad Jammu and Kashmir organized a ceremony in honor of the leading businessmen of the region, including the Azad Kashmir Chamber of Commerce and Industry, in which the business community participated in large numbers. President and CEO Mr. Khawar Saeed while briefingRead More →

Bank of Azad Jammu and Kashmir has launched customer service campaign ''Excellence Customer Service Campaign” was launched by President and CEO Khawar Saeed from Mirpur the other day.

On: February 23, 2023

In: Banking Sector

Tagged: BANK AJK, Business relationship, Customer service campaign, President and CEO

Muzaffarabad ( Web News ) Bank of Azad Jammu and Kashmir has launched customer service campaign to further improve banking services for its esteemed customers, enhance business relationships and engage more customers with the bank. ”Excellence Customer Service Campaign” was launched by President and CEO Khawar Saeed from Mirpur theRead More →

MMBL and SCBF commit to “fast-tracked” banking solutions in Pakistan. SCBF has funded over 188 projects across 48 countries to date, with this being their second project in Pakistan.

On: February 22, 2023

In: Banking Sector

Tagged: Banking in Pakistan, Fast tracking, MMBL, SCBF, State Bank Pakistan, Underbanked in Pakistan

MMBL and SCBF commit to fostering financial inclusion through innovative Credit Scoring & Banking Solutions ISLAMABAD ( Web News ) Mobilink Microfinance Bank Limited (MMBL) is partnering with the Swiss Capacity Building Facility (SCBF), a Switzerland-based innovative public-private platform, and the Arab Gulf Programme for Development (AGFUND), a Saudi Arabia-basedRead More →

BOP Sets PKR 37,500 as the Minimum Salary for all employees The situation in Pakistan is even more exacerbated due to the macroeconomic challenges and catastrophic flooding that it experienced in 2022.

On: February 20, 2023

In: Banking Sector

Tagged: For all employees, Macroeconomic challenges, PKR 37500 Minimum Salary, The Bank of Punjab

BOP Sets PKR 37,500 as the Minimum Salary for all employees LAHORE ( Web News ) Three years after the onset of the pandemic, inflation has become one of the main concerns for the global economy. The situation in Pakistan is even more exacerbated due to the macroeconomic challenges andRead More →

The Bank of Punjab announced financial results. 24% growth Bank has improved in all areas of operations and overall performance has remained well aligned with Bank’s strategic business plan.

On: February 18, 2023

In: Banking Sector

Tagged: Board of Directors, Credit card, financial results, The Bank of Punjab, Year 31 December 22

THE BANK OF PUNJAB ANNOUNCED FINANCIAL RESULTS FOR YEAR ENDED DECEMBER 31, 2022 24% GROWTH IN TOTAL ASSETS LAHORE ( Web News ) A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on February 17, 2023. During the meeting, annual audited Financial Statements ofRead More →

Banking Sector (Page 31)