Banking Sector Archives - Page 34 of 82

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

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 →

Bank Alfalah Introduces Behavioural Profiling for Students at Career Fair The 12-month program is designed to recruit top-tier talent possessing versatile skills that are aligned with the specific focus areas of the Bank.

On: February 17, 2023

In: Banking Sector

Tagged: 5000 applications, Bank Alfalah, Behavioural Profiling, Career Fair, Management Trainee Program

Bank Alfalah Introduces Behavioural Profiling for Students at Career Fair LAHORE ( Web News ) Bank Alfalah, one of the leading commercial Bank in Pakistan, participated in recruitment career fairs at various universities where it engaged with students for its 9th Management Trainee Program called Alfa Lead. The 12-month programRead More →

BAJK provides Rs.14.6 crore to the customers under the scheme “Personal Loan”. The needy are benefiting from the facility of lowest markup rate, fastest processing, monthly and quarterly repayments, spokesman.

On: February 17, 2023

In: Banking Sector

Tagged: "Personal Loan"., Bank of AJK, lowest markup rate, Rs.14.6 crore loan

BAJK provides Rs.14.6 crore to the customers under the special scheme “Personal Loan”. The needy are benefiting from the facility of lowest markup rate, fastest processing, monthly and quarterly repayments, spokesman. MUZAFFARABAD ( Web News ) Bank of Azad Jammu and Kashmir has provided loans of more than 14.6 croreRead More →

BankIslami Signs MoU with Karachi Kings to Become Their Platinum Sponsor The MoU was signed by Bilal Fiaz, Group Head of Consumer Banking, and Mr. Wasim Akram, President, Karachi Kings.

On: February 17, 2023

In: Banking Sector

Tagged: BankIslami, Consumer Banking, Karachi Kings, Pakistan Super League, Platinum Sponsor

BankIslami Signs MoU with Karachi Kings to Become Their Platinum Sponsor KARACHI ( Web News ) Pakistan’s leading Islamic financial institution, BankIslami, has signed an MoU to join forces with Karachi Kings, as they become platinum sponsors to the franchise, marking their presence in the most anticipated cricketing event ofRead More →

Meezan Bank announces Financial Results for 2022 The Bank’s profit after tax for the year 2022 increased to Rs 45.0 billion compared to Rs 28.4 billion last year- a 59% growth.

On: February 17, 2023

In: Banking Sector

Tagged: Bank’s profit after tax, Deposits Rs 1.66 trillion., Financial Statements, Meezan Bank, Rs 45.0 billion

Meezan Bank announces Financial Results for 2022 KARACHI ( Web News ) The Board of Directors of Meezan Bank, approved the financial statements of the Bank and its consolidated financial statements for the year ended December 31, 2022. The meeting was chaired by Mr. Riyadh S.A.A. Edrees – Chairman ofRead More →

SLIC and NBP signed a MoU for offering bilateral financial and insurance solutions Under Cash Management, NBP through its wide range of product and services will provide SLIC the comfort to manage its liquidity effectively and efficiently.

On: February 16, 2023

In: Banking Sector

Tagged: “Employee Banking”, Financial and insurance, National Bank of Pakistan, State Life Insurance

KARACHI ( Web News ) State Life Insurance Corporation of Pakistan (SLIC) and National Bank of Pakistan (NBP) signed a Memorandum of Understanding (MOU) for offering bilateral financial and insurance solutions ceremony was held at State Life Head office, Both the national institutions vide this MOU agreed to enter intoRead More →

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

In: Banking Sector

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 →

Banking Sector (Page 34)