Banking Sector Archives - Page 37 of 79

Bank of Azad Jammu and Kashmir has provided loans of 3.36 billion rupees One year back on September 2021 the Bank provided Rs. 3.05 billion and on September 2020 Rs. 2.45 billion to customers.

On: November 6, 2022

Tagged: BANK AJK, loans of 3.36 b, Mr. Khawar Saeed, special credit schemes

Muzaffarabad ( Web News ) Bank of Azad Jammu and Kashmir has provided loans of 3.36 billion rupees to customers under different special credit schemes designed for the Socio- Economic development of the state. One year back on September 2021 the Bank provided Rs. 3.05 billion and on September 2020 Rs.Read More →

NBP honored as the Best Bank from Pakistan at World’s Best Bank Awards 2022 The Awards Ceremony honoring the Winners took place at the National Press Club in Washington, DC,

On: November 4, 2022

In: Banking Sector

Tagged: Asia-Pacific 2022, Best Bank Awards, Global Finance, National Bank of Pakistan

NBP honored as the Best Bank from Pakistan at World’s Best Bank Awards 2022 KARACHI ( Web News ) The National Bank of Pakistan has won the Best Bank Award in Asia-Pacific for 2022 as Global Finance announced its 29th Annual Best Bank Awards. Global Finance regularly selects the topRead More →

The Bank of Azad Jammu and Kashmir completes 16 years of its operations. President and Chief Executive Officer especially congratulated the customers and staff on the anniversary.

On: November 3, 2022

In: Banking Sector

Tagged: 16 years operations, Bank of AJK, Khan Abdul Majid Khan, multiple challenges

Muzaffarabad ( Web News ) The Bank of Azad Jammu and Kashmir completes 16 years of its operations. The Chairman of the Bank Khan Abdul Majid Khan, Minister of Finance, Cooperatives and Inland Revenue kicked off anniversary celebrations by cutting the cake. Top executives and officers of the Bank wereRead More →

MMBL, launched the 9 Point Agenda for Financial Inclusion 2.0, digitally A policy document aimed at fostering digital financial inclusion through meaningful regulatory interventions in nine key areas.

On: November 3, 2022

In: Banking Sector

Tagged: 9 Point Agenda, challenges and opportunities, MMBL, regulatory interventions, VEON group

ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has recently launched the 2nd edition of its 9 Point Agenda for Financial Inclusion, a policy document aimed at fostering digital financial inclusion through meaningful regulatory interventions in nine key areas. Mobilink Microfinance Bank is part ofRead More →

Easypaisa to Launch Food Delivery Apps in Collaboration with Blink The platform provides a one window solution catering to multiple lifestyle choices of our users with a seamless on boarding and payment experience.

On: November 2, 2022

In: Banking Sector

Tagged: Blink, easypaisa, food services, partnership, payment experience.

Easypaisa to Launch Food Delivery Apps in Collaboration with Blink ISLAMABAD ( Web News ) Easypaisa, Pakistan’s leading digital-first payments platform, now offers food services through its partnership with Blink. This partnership will provide Easypaisa users with a unique in-app experience, enabling them to access multiple food apps and makeRead More →

SBP. has imposed a penalty of over Rs290 million on six banks Banks included: Bank Al Habib, Meezan Bank, National Bank, MCB Bank, JS Bank, and Faysal Bank.

On: October 30, 2022

In: Banking Sector

Tagged: Bank Al-Habib, Faysal Bank, JS Bank, MCB Bank, Meezan Bank, National bank, penalty Rs290 million, State Bank of Pakistan, violating regulations

KARACHI ( Web News ) Pakistan’s central bank has imposed a penalty of slightly over Rs290 million on six commercial and Shariah-compliant banks for violating banking regulations related to foreign exchange, asset quality and general operation in the quarter ended September 30, 2022. All six are well-known banks including theRead More →

Standard Chartered Pakistan delivers record operating profit for Q3-2022 Profit before tax of PKR 36.4 billion, up 98 per cent year on year. Overall revenue growth of 70 per cent

On: October 28, 2022

In: Banking Sector

Tagged: deposits PKR 108.0 b, PKR 36.4 billion, profit before tax, Standard Chartered Pakistan, State Bank’s initiatives

Standard Chartered Pakistan delivers record operating profit for Q3-2022 Profit before tax of PKR 36.4 billion, up 98 per cent year on year Overall revenue growth of 70 per cent Healthy increase in total assets of 11 per cent Strong growth in deposits of PKR 108.0 billion, up by 17Read More →

BOP announced financial result for 1st nine months of 2022 Despite very challenging economic conditions and tough operating environment, the Bank has shown improvement in all facets of operations.

On: October 28, 2022

In: Banking Sector

Tagged: before tax profit, economic conditions, Financial Statements, Rs. 12.45 billion, The Bank of Punjab

THE BANK OF PUNJAB ANNOUNCED FINANCIAL RESULTS FOR 1ST NINE MONTHS OF YEAR 2022 LAHORE ( Web News ) A meeting of the Board of Directors of The Bank of Punjab was held on October 28, 2022 to consider and approve the un-audited Financial Statements for the 1st nine months ofRead More →

First-ever ‘Athlete Card’ Launched by The Bank of Punjab and Sports Board Punjab “Definitely it is a revolutionary step for the well-being of national athletes and promotion of sports culture in the province,”

On: October 26, 2022

In: Banking Sector

Tagged: ‘Athlete Card, bank of punjab, Malik Taimoor Masood, Punjab Games, Sports Board Punjab

First-ever ‘Athlete Card’ Launched by The Bank of Punjab and Sports Board Punjab LAHORE ( Web News ) Punjab Minister for Sports and Youth Affairs Malik Taimoor Masood in a statement at the inauguration ceremony thanked the Bank of Punjab for extending every kind of support for the successful holdingRead More →

JazzCash and Paymob partner to expand digital payment acceptance in Pakistan “This partnership with JazzCash enables merchants to accept wallet payments is a great milestone in digitizing payment acceptance.

On: October 26, 2022

In: Banking Sector

Tagged: e-commerce gateway, JazzCash, omni-channel, Paymob

JazzCash integration will enable seamless payment collection for Paymob merchants nationwide Paymob merchants gain revenue boost with expanded payment acceptance methods JazzCash wallet customers can now make e-commerce purchases using Paymob KARACHI ( Web News ) Paymob, the leading omni-channel payments facilitator in MENAP, and JazzCash, Pakistan’s leading Fintech andRead More →

Huawei , NDC and Temenos to help Banks Modernize IT Platforms Huawei hybrid cloud provides a certified platform for the deployment of a cloud-native version of Temenos Core Banking.

On: October 25, 2022

In: Banking Sector

Tagged: Banks, cloud solutions, Huawei, IT Platforms, NDC, Temenos

Huawei , NDC and Temenos to help Banks Modernize IT Platforms through Innovative Hybrid cloud solutions LAHORE ( Web News ) At the NDC & Temenos Bank of the Future Forum (BoFF 2022) held on in which Huawei attended as a platinum sponsor and debuted hybrid cloud value proposition forRead More →

Meezan Bank announces Financial Results for the Third Quarter 2022 The Board has approved interim cash dividend of Rs 2.00 per share (20%) for the third quarter.

On: October 25, 2022

In: Banking Sector

Tagged: 100th Board meeting, Financial Statements, Meezan Bank, profit Rs 28.6 billion, Rs 2.00 per share

KARACHI ( Web News ) The Board of Directors of Meezan Bank, in its 100th Board meeting held on October 19th, 2022 approved the financial statements of the Bank for the nine months period ended September 30, 2022. The meeting was chaired by Mr. Riyadh S.A. A. Edrees – Chairman ofRead More →

Banking Sector (Page 37)