State Bank Grants Pilot License for Digital Retail Bank to Mashreq Bank MBPL is a subsidiary of Mashreq Bank PSC (UAE) Karachi ( Web News ) The State Bank has granted a pilot license for a digital retail bank to Mashreq Bank Pakistan Limited. Previously, a microfinance bank was issuedRead More →
Mobilink Bank joins forces with NymCard and Dellson Associates to revolutionize digital financial services ISLAMABAD ( WEB NEWS ) Mobilink Bank, Pakistan’s leading digital microfinance institution, has entered into a strategic partnership with leading fintech innovator NymCard and technology consultancy, Dellson Associates to accelerate digital financial services and cross-border enablement.Read More →
Bank of Punjab’s Historic Success – Highest Profit and Record Cash Dividend Announced Lahore (Web News) The Board of Directors of The Bank of Punjab (BOP) held a meeting to review and approve the audited financial statements for the fiscal year ending December 31, 2024. Despite various challenges, such asRead More →
JazzCash & Mobilink Bank Named Finalists for the Prestigious GLOMO Awards 2025 KARACHI ( WEB NEWS ) February 2025 – Pakistan’s largest fintech services provider, JazzCash, and the country’s leading digital microfinance bank, Mobilink Bank, have been nominated for prestigious awards at the Global Mobile (GLOMO) Awards 2025. The winnersRead More →
Unlocking the $121 billion opportunity: Visa highlights commercial cards’ role in Pakistan’s SME growth and digitization 85% of the estimated $255 billion in B2B transactions were cash-based in Pakistan KARACHI ( WEB NEWS ) Visa (NYSE: V), a world leader in digital payments, today released a whitepaper highlighting the advantages ofRead More →
4th AlBaraka Forum Regional Conference Highlights Sukuk’s Role in Global Sustainable Finance Karachi ( Web News ) The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the 4th AlBaraka ForumRead More →
ISLAMABAD ( WEB NEWS ) The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s financial results for the year ended December 31, 2024. The results for 2024 are a testament of financial resilience and strategic agility, as the BankRead More →
Visa (NYSE: V), a world leader in digital payments hosted its inaugural market focused client event – Visa Connect Karachi Karachi ( Web News ) Visa (NYSE: V), a world leader in digital payments hosted its inaugural market focused client event – Visa Connect Karachi – last week. AttendedRead More →
ABHI and TPL Corps complete acquisition of FINCA Microfinance Bank Karachi ( Web News ) ABHI and TPL have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organisations and key stakeholders, including Omair Ansari, CEORead More →
HBL Microfinance Bank Appoints Maya Inayat Ismail as Chairperson of the Board ISLAMABAD ( WEB NEWS ) HBL Microfinance Bank (HBL MfB) proudly announces the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal. Maya Inayat Ismail was part of the core strategic team that established HBL MfB’s predecessorRead More →
Visa and Meezan Bank Partner to Increase Financial Inclusion in Pakistan, Unveil the Country’s First Student Debit Card The solution supports Pakistan’s vision for a more inclusive digital economy by driving financial inclusion and digital payments adoption among youth The Meezan Visa Student Debit Card will offer exclusive discounts andRead More →
Islamabad, 21 January 2025: Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy. This collaboration with one of Pakistan’s leading delivery platforms underscores Mastercard’s commitment to advancing financial inclusion andRead More →