Banking Sector Archives - Page 43 of 79

Mobilink Bank recognized as the Best Retail Bank in Pakistan MMBL was among 50 winners selected from over 300 entries across the Asia-Pacific (APAC) region.

On: June 24, 2022

Tagged: Awards Asia 2022, Best Retail Bank, Excellence in Client, Mobilink Microfinance Bank, RBI Trailblazer

Mobilink Bank recognized as the Best Retail Bank in Pakistan and Highly Commended for Excellence in Client Onboarding by RBI Trailblazer Awards Asia 2022 ISLAMABAD ( Web News ) Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank, has been recognized for its services in offering innovative digital financial solutionsRead More →

AJK Bank only financial institution of the state is making speedy progress. Abdul Majid AJK Bank has crossed the figure of Rs.25 billion whereas deposits reached at Rs. 19 billion

On: June 24, 2022

In: Banking Sector

Tagged: AJK BANK, deposits Rs. 19 billion., Rs.25 billion, value of assets

MUZAFFARABAD ( Web News ) The total value of assets of Bank of Azad Jammu and Kashmir has crossed the figure of Rs.25 billion whereas deposits reached at ever time high Rs. 19 billion. This was stated in an event organized here in the capital of the State. Mr. KhanRead More →

Mastercard strengthens leadership team to accelerate growth across MENA including Pakiatan Khalil is responsible for the UAE, Qatar, Kuwait, Pakistan, and Oman, which make up Mastercard’s MENA East Cluster.

On: June 23, 2022

In: Banking Sector

Tagged: and Oman, Kuwait, Mastercard, MENA East Cluster, Pakistan, Qatar, UAE, veteran J.K. Khalil

ISLAMABAD ( Web News ) Mastercard has reaffirmed its commitment to the GCC and wider region through the appointment of Mastercard veteran J.K. Khalil to lead its operations across the MENA East Cluster in his new role as Cluster General Manager. In his new role, Khalil is responsible for theRead More →

President Alvi reprimands HBL over delay in refunding money to bank fraud victim Payment within fifteen days to the victim and termed the action of the HBL an act of malpractice and maladministration.

On: June 23, 2022

In: Banking Sector

Tagged: bank fraud victim, delay in refunding, Habib Bank of Pakistan, President Alvi, reprimands HBL

President Alvi reprimands HBL over delay in refunding money to bank fraud victim ISLAMABAD ( Web News ) President Dr. Arif Alvi has reprimanded Habib Bank of Pakistan (HBL) for unnecessarily dragging the matter of reimbursement of a trivial amount of Rs. 39,000 to the victim of bank fraud. HeRead More →

PACRA maintains entity rating of the Bank of Punjab to “AA+” The strong financial position of the Bank indicates that strategic decisions taken by the management have started yielding results

On: June 22, 2022

In: Banking Sector

Tagged: bank of punjab, Credit Rating Agency, highest scale of “A1+”, stable outlook

PACRA MAINTAINS ENTITY RATING OF THE BANK OF PUNJAB TO “AA+” LAHORE ( Web News ) In recognition of Bank’s strong financial position, the Pakistan Credit Rating Agency (PACRA) has maintained the long-term entity rating of The Bank of Punjab (BOP) to “AA+” and short-term rating to highest scale ofRead More →

BOP Launches its Premium Banking Segment ‘BOP Khaas Premium Banking’ The ‘Khaas’ brand also comes with its own unique brand identity and brand positioning.

On: June 13, 2022

In: Banking Sector

Tagged: BOP Launches, flagship proposition, Mr. Zafar Masud, Premium Banking

BOP Launches its Premium Banking Segment ‘BOP Khaas Premium Banking’ LAHORE ( Web News ) The Bank of Punjab (BOP) has launched its flagship proposition for affluent customers under the brand name of BOP ‘Khaas’. BOP Khaas proposition is aimed at meeting the unmet segment needs of High-Net-Worth individuals throughRead More →

Mastercard study advocates financial inclusion as a driver for better access to health and education Financial inclusion is driving better access to health and education across Middle East and Africa, according to a new white paper from Mastercard.

On: June 13, 2022

In: Banking Sector

Tagged: COVID-19 pandemic, financial inclusion, health and education, Mastercard study

Mastercard study advocates financial inclusion as a driver for better access to health and education KARACHI ( Web News ) Financial inclusion is driving better access to health and education across Middle East and Africa, according to a new white paper from Mastercard. The study, Financial Inclusion+ – Connecting PeopleRead More →

KMBL Clients Win at the 14th annual Citi-PPAF Micro-Entrepreneurship Awards The Citi Micro-entrepreneurship Awards Programme is a resourceful initiative, to showcase Pakistan’s real success stories to a global audience

On: June 13, 2022

In: Banking Sector

Tagged: 14th “Citi-PPAF, Awards – 2022, Khushhali Microfinance Bank, President Ghalib Nishtar, socio-economic growth

Khushhali Microfinance Bank Clients Win at the 14th annual Citi-PPAF Micro-Entrepreneurship Awards ISLAMABAD ( Web News ) Seven of the best-performing clients of Khushhali Microfinance Bank (KMBL) were shortlisted to win prestigious accolades at the “14th “Citi-PPAF Micro Entrepreneurship Awards – 2022”. Five of these seven shortlisted candidates, personally attended theRead More →

Banks To Pay Super-Tax @45% Of Their Profit From July 1, 2022 It’s a pro-IMF budget where the only target is to get loans and focus on their repayments.

On: June 12, 2022

In: Banking Sector

Tagged: Banks To Pay, IMF Condition, relaxation Salary class, Super-Tax @45%

Banks To Pay Super-Tax @45% Of Their Profit From July 1, 2022 It’s a pro-IMF budget where the only target is to get loans and focus on their repayments. Only relaxation is given to the salary class as the inflation is sky rocketing. ISLAMABAD ( JAVID CHOUDHRY ) In theRead More →

The Bank of Punjab Takes Measures for Staff During Rising Inflation Pakistan is also witnessing unprecedented economic turmoil, with inflation rate rising at an exponential rate.

On: June 11, 2022

In: Banking Sector

Tagged: Capping of fuel price, Measures for Staff, Rising Inflation, Salary Increment, The Bank of Punjab

The Bank of Punjab Takes Measures for Staff During Rising Inflation LAHORE ( Web News ) Inflation is a global phenomenon that has impacted many countries worldwide resulting in high fuel prices. Pakistan is also witnessing unprecedented economic turmoil, with inflation rate rising at an exponential rate. Keeping in viewRead More →

BOP launched its first indigenously developed Digital Kissan Portal The launch of BOP’s Kissan Portal will bring in more efficiency and enhance bank’s outreach.

On: June 9, 2022

In: Banking Sector

Tagged: agriculture clients, BOP launched, credit applications, Digital Kissan Portal, underserved segments

LAHORE ( Web News ) BOP launched its first indigenously developed Digital Kissan Portal on June 09, 2022. Speaking at the occasion, Mr. Zafar Masud (President & CEO – The Bank of Punjab) emphasized upon the impending need to digitize on boarding of agriculture clients which involves account opening andRead More →

MMBL has partnered with DIGIT, a leading technology brand of Swift Biz Solutions MMBL and Digit 4G enter into Strategic Partnership to Digitally bolster Pakistan’s Financial Ecosystem

On: May 31, 2022

In: Banking Sector

Tagged: fund transfers, mobile top-ups, Mobilink Microfinance, partnered with DIGIT, utility bill payments

MMBL and Digit 4G enter into Strategic Partnership to Digitally bolster Pakistan’s Financial Ecosystem ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with DIGIT, a leading technology brand of Swift Biz Solutions Pvt. Ltd. in Pakistan, to bolster Pakistan’s digital and financialRead More →

Banking Sector (Page 43)