KARACHI ( Web News ) Pakistan Standard Chartered expects global growth to rebound to 5.8% in 2021 from -3.3% in 2020 as economies reopen and vaccination rollouts gain momentum. According to the latest Global Focus – containing the Bank’s economic forecasts for Q3 – it sees two key downside risksRead More →
KARACHI ( Web News ) TPL Trakker, Pakistan’s leading IoT Company providing Tracking, Telematics, Mapping and Location Based Services, has partnered with Bank Alfalah, one of the country’s premier financial institutions, to provide customers of Bank Alfalah with exclusive discounts on vehicle tracking products using their cards as part ofRead More →
Highlights: Since its launch, it has reached over 16,000 school going girls Have partnered with 47 government secondary schools in Karachi and Islamabad More than 48,000 people have been impacted indirectly Lives of over 1000 children have been transformed through sports activities such a football More than 3700 lives haveRead More →
KARACHI ( Web News ) The banks will be closed on Eid ul Azha for three days. State bank announced bank holiday from June 22 to June 23 2021. Read More →
LAHORE ( Web News ) U Microfinance Bank Limited and Kashf Foundation signed an agreement to digitize the loan repayments and disbursement. Through this collaboration, U Microfinance Bank will extend its channel services to Kashf Foundation for providing easy and secure loan collection and disbursements services through UPaisa Mobile walletsRead More →
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 →