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 →
LAHORE ( Web News ) In recognition of the outlook of the bank, as well as strong financial performance and considerable progress made in the areas of risk, compliance, governance, and all other facets of operations, the Pakistan Credit Rating Agency (PACRA), after the lapse of five years, has upgradedRead More →
ISLAMABAD ( Web News ) KASB, Pakistan’s leading stock brokerage has raised $4.5m from global investors in one of the largest fintech investments in Pakistan. KASB will use the money to help Pakistanis better manage their savings and invests in Pakistani stocks and commodities. KTrade is the most downloaded stockRead More →
LAHORE ( Web News ) Pakistan’s Safepay was announced as one of the winners in the Visa Everywhere Initiative – a global innovation program and competition for startups and fintech companies – held for Central and Eastern Europe, the Middle East and Africa (CEMEA) on June 9. With the mostRead More →
ISLAMABAD ( Web News ) During the Global Business Outlook Awards in May, 2021 U Microfinance Bank Ltd. (U Bank)was awarded Fastest Growing Microfinance Bank Pakistan. The Global Business Outlook Awards seek to recognise and reward excellence in businesses around the world. They are designed to facilitate the outstanding workRead More →