Banking Sector Archives - Page 40 of 81

Robberies at ATM machines denting people confidence in bank: SC The Supreme Court directed the Federal Investigation Agency (FIA) to investigate this matter in-depth.

On: October 5, 2022

Tagged: robberies at ATM, stealing money, Supreme Court Pakistan, Tauseef Abbas

Robberies at ATM machines denting people confidence in bank: SC Court expresses displeasure over delayed investigation of the matter ISLAMABAD ( Web News ) Supreme Court of Pakistan on Tuesday said that due to robberies at ATM machines, people were losing confidence in banks. A three-member bench headed by JusticeRead More →

Pakistan Seeks $2 Billion Debt Relief From China As United States Rolls Over Its Loan

On: October 3, 2022

In: Banking Sector

Tagged: China, Debt Relief, rescheduling of foreign debt

ISLAMABAD (WEB NEWS) Finally Pakistan has started getting benefit of rescheduling of foreign debt in the wake of the most catastrophic floods. The United States is the first country to rollover its $132 million markup payment by Pakistan. Pakistan is also seeking roll-over of $2 billion in Chinese deposits toRead More →

Bank Alfalah has partnered with Haball, a B2B payments aggregator catering to Shariah-compliant clients Haball has launched a digital lending platform, “Wisaaq”, which will now be available for use to Bank Alfalah’s corporate clients.

On: October 1, 2022

In: Banking Sector

Tagged: B2B payments, Bank Alfalah, Haball, partnership, Wisaaq

LAHORE ( Web News ) “In line with its mission to provide innovation and convenience to customers, Bank Alfalah has partnered with Haball, a B2B payments aggregator catering to Shariah-compliant clients, to launch digital supply chain lending in Pakistan. Haball has launched a digital lending platform, “Wisaaq”, which will nowRead More →

‘Blue economy contributes 0.45% to GDP which is $ 1 billion” Mr. Zafar Masud The launch ceremony of report “Pathways to a Sustainable Blue Economy: Role of Financial Institutions”

On: September 30, 2022

In: Banking Sector

Tagged: bank of punjab, Blue economy, financial institutions, SDPI, Sukuks and Eurobonds

ISLAMABAD ( Web News ) The launch ceremony of report “Pathways to a Sustainable Blue Economy: Role of Financial Institutions” organized jointly by the Sustainable Development Policy Institute (SDPI) and the Bank of Punjab (BOP) was held at Serena Hotel, Islamabad. A round-table discussion was held which was led byRead More →

State Life Insurance partners with JazzCash to Digitize Payment Collection This strategic partnership will enable the State Life to provide digitized collection of Premium & Policy Loan to its customers

On: September 29, 2022

In: Banking Sector

Tagged: collection of Premium, collection services, JazzCash, State Life Insurance

ISLAMABAD ( Web News ) State Life Insurance, Pakistan’s Largest Life & Health Insurer has partnered with JazzCash, Pakistan’s leading Fintech, to provide premium collection services to State Life customers directly via mobile wallets. Agreement signed by between Mr. Shoaib Javed Hussain Chairman State Life & Mr. Murtaza Ali, ChiefRead More →

Bank of Azad Jammu and Kashmir’s total assets reached an all-time high of Rs 27.4 billion. Multifold increase in total asset value is a reflection of the growth of the bank and the full confidence of the customers, says President/CEO Khawar Saeed

On: September 29, 2022

In: Banking Sector

Tagged: BANK AJK, highest level, Rs 27.4 billion, total asset

MUZAFFARABAD ( Web News ) Bank of Azad Jammu and Kashmir’s total asset value has reached the highest level of Rs 27.4 billion which is a record in the last 15 years history of the financial institution. During the first half of 2022, the assets increased by 4 billion rupees.Read More →

BOP to be partners with NIC and LUMS to setup a Digital Experience and Innovation Center The Innovation Center aims to turn challenges into opportunities facing digital ecosystems in various sectors including payments, lending, Agri, Insurance & Education.

On: September 26, 2022

In: Banking Sector

Tagged: “digiBOP”, bank of punjab, Digital Innovation, lums, National Incubation Center

LAHORE ( Web News ) The President of The Bank of Punjab (BOP) and the Vice Chancellor of LUMS entered into an arrangement to create a roadmap for digital innovation and customer experience. The Innovation Center aims to turn challenges into opportunities facing digital ecosystems in various sectors including payments,Read More →

President Alvi lauds private bank for avoiding undue litigation in disputed transactions cases He further urged the private banks of the country to provide timely relief to victims of bank frauds

On: September 24, 2022

In: Banking Sector

Tagged: disputed transactions, Habib Bank Ltd, President Dr Arif Alvi, Private Bank

President Alvi lauds private bank for avoiding undue litigation in disputed transactions cases Urges the private banks of country to provide timely relief to victims of bank frauds ISLAMABAD ( Web News ) While disposing of five separate representations of a private bank against the decisions of the Banking MohtasibRead More →

MMBL to offer e-health Insurance & Digital Financial Solutions to Careem Captains Through this partnership, we aim to provide health & financial security to the Captains, who ensure secure & comfortable rides for the masses every day."

On: September 21, 2022

In: Banking Sector

Tagged: Careem Pakistan, Collaboration, diligent workforce, financial solutions, MMBL

MMBL to offer e-health Insurance & Digital Financial Solutions to Careem Captains ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has collaborated with Careem, a pioneer in the Middle East region’s ride-hailing economy, to provide its Captains health insurance services over digital channels atRead More →

BOP inaugurates new corporate & treasury office at Sky Tower, Karachi The new premises have been designed to better serve the customers of Karachi and the South market

On: September 21, 2022

In: Banking Sector

Tagged: bank of punjab, customers of Karachi, digitally-equipped, Front Offices

BOP inaugurates new corporate & treasury office at Sky Tower, Karachi KARACHI ( Web News ) The Bank of Punjab opened doors of its new, digitally-equipped Corporate & Treasury Front Offices today at Sky Tower, Dolmen Mall, Karachi. The new premises have been designed to better serve the customers ofRead More →

President Alvi declares retrospective downward revision in profit rate by CDNS as maladministration Directs CDNS to pay profit on SSCs as per the profit rate prevailing at time of purchasing certificates

On: September 18, 2022

In: Banking Sector

Tagged: CDNS, maladministration, President Dr Arif Alvi, profit rate

ISLAMABAD ( Web News ) While accepting a representation of an aggrieved citizen against a decision of the Wafaqi Mohtasib, President Dr. Arif Alvi has directed the Central Directorate of National Savings (CDNS) to pay profit on the Special Saving Certificates (SSCs) as per the profit rate prevailing at theRead More →

Bank of Punjab has inducted its first batch of differently-abled persons The bank marked 2021 as the year of “Our People” and 2022 as the year of “Empathy”.

On: September 11, 2022

In: Banking Sector

Tagged: “Our People”, bank of punjab, differently-abled, year of “Empathy”.

LAHORE ( Web News ) Diversity and inclusion are the essential pillars of BOP’s vision and strategy. The bank marked 2021 as the year of “Our People” and 2022 as the year of “Empathy”. Remaining true to its commitment as an equal opportunity financial institution, the Bank of Punjab hasRead More →

Banking Sector (Page 40)