ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with The Institute of Bankers Pakistan (IBP) to launch the ‘Branch Management Development Program’ which is aimed at fostering employees’ development and upskilling for optimizing key business operations and enhancing organizational sustainability. Ghazanfar Azzam,Read More →
KARACHI ( Web News ) President & CEO of U Microfinance Bank Limited Mr. Kabeer Naqvi and President & CEO of Bank Alfalah Limited, Mr. AtifBajwa, signed off a strategic partnership to promote financial inclusion in the country. This new relationship not only strengthens the bond between both banks, butRead More →
LAHORE ( Web News ) The Bank of Punjab has always been on the forefront when it comes to empowerment of the youth. BOP sponsored the Junior National Tennis Championship 2021.The tournament took place at Punjab Tennis Academy under the Punjab Lawn Tennis Association (PLTA). Different players from across PakistanRead More →
Microfinance sector continued its positive stride during the year, with total assets increased by 31.65 percent to reach Rs 492.62 billion in CY20 from Rs 374.20 billion in CY19. KARACHI ( JAVED MAHMOOD ) Total assets of the banking sector grew from Rs 22.12 trillion in CY19 to Rs 25.07Read More →
KARACHI ( Web News ) President Dr Arif Alvi has rejected the appeal of Muslim Commercial bank against the decision of the Banking Ombudsman. According to details, the President has rejected the request of bank for refusing to return the money to the victim of fraud. Dr. Arif Alvi saidRead More →
LAHORE ( Web New ) Telenor Microfinance Bank has joined hands with a new global partnership to harness the power of green consumer behaviours in order to enhance biodiversity and climate efforts. The ‘Every Action Counts’ (EAC) coalition is launched by the Green Digital Finance Alliance (GDFA), funded by theRead More →
ISLAMABAD ( Web News ) JazzCash, Pakistan’s leading fintech, has launched the country’s first ever digital account for teenagers, the ‘JazzCashNextGen Account’. This account will allow adolescents between the ages of 12 and 17 years to receive their pocket money and make all their payments digitally. The JazzCashNextGen account willRead More →
LAHORE ( Web News ) As a main pillar of its strategy, wherein the policy of Diversity & Inclusion is central to its vision, The Bank of Punjab (BOP) signed an Memorandum of Understanding (MoU) with “Network of Organizations working with Persons with Disabilities” (NOWPDP), a disability inclusion initiative workingRead More →
ISLAMABAD ( Web News ) Pakistan Microfinance Investment Company Limited (PMIC) is a wholesale finance entity and an important pillar of National Financial Inclusion Strategy of Pakistan. PMIC focuses on promoting poverty alleviation initiatives through Microfinance Institutions and Banks (MFIs & MFBs) and improving employment and livelihood opportunities for marginalizedRead More →
ISLAMABAD ( Web News ) Easypaisa, Pakistan’s leading digital payments platform has been facilitating seamless digital payments for more than a decade and one of the most important services available is utility bill payment. Today, Easypaisa offers more than 240 unique bill payment options and in the first five monthsRead More →
LAHORE ( Web News ) Bank Alfalah Islamic is one of the leading promoters of the government backed “Mera Pakistan MeraGhar” low cost housing finance scheme since its inception. In continuation with Bank’s current vision, Bank Alfalah Islamic has signed a MoU with Akhuwat Islamic Microfinance (AIM)to offer exclusive housingRead More →
LAHORE ( Web News ) After the successful launch of first one-of-a-kind drive-thru Covid-19 vaccination facility in Lahore, The Bank of Punjab, in collaboration with Federal Health Department, Capital Development Authority and District Administration Islamabad, has taken initiative to establish another drive-thru vaccination facility in the Country, second to LahoreRead More →