KARACHI ( Web News ) HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to takeRead More →
LAHORE (Web News ) In view of prevailing COVID-19 situation, the 30th Annual General Meeting of the members of The Bank of Punjab was held on Tuesday, 30th March 2021 at 12:30 p.m. virtually through Zoom Webinar / Video Link to protect well-being of shareholders. The meeting was attended byRead More →
LAHORE ( Web News ) Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of PKR 3.1 billion for the promotion of housing finance in Pakistan. PMRC and its Partner Financial Institutions (PFIs) have joined hands to strengthen and promote the housing finance market by participatingRead More →
LAHORE ( Web News ) BOP Taqwa Islamic Banking has signed a MoU with Dupak Properties Pvt Ltd on 19th March 2021 to extend BOP Taqwa House Finance Facility for DVA’s (Defence View Apartments) individual and eligible customers who are willing to buy apartments in said housing project of DupakRead More →
LAHORE ( Web News ) VEDA Transit Solutions (Pvt.) Ltd. has signed a financing agreement for a PKR 2,600 Million term loan from a syndicate of banks led by the Bank of Punjab as Mandated Lead Advisor & Arranger. Samba Bank Limited, Askari Bank Limited, Bank Alfalah Limited and JSRead More →
LAHORE ( Web News ) BankIslami, Pakistan’s leading Islamic Bank, earned the 10th International Corporate Social Responsibility Award in the categories of “Sustainability Initiatives” and “Social Impact” by fulfilling its vision of serving humanity the right way. . The award is the first and only CSR Award initiativeRead More →
ISLAMABAD ( WEB NEWS ) Apropos media reports related to recently introduced draft State Bank Amendment Act 2021, it is a misconception that SBP will be empowered unabatedly through the proposed act to share financial or non-financial private information with any entity, particularly outside the country. For exchange of informationRead More →
ISLAMABAD ( Web News ) Faysal Bank Limited was honored with five Global Diversity and Inclusion Benchmark (GDIB) Awards during a ceremony held recently in Karachi. The awards were conferred to Tahir Yaqoob Bhatti, Head Retail Banking Faysal Bank, by Sima Kamil, Deputy Governor State Bank of Pakistan, in the categoriesRead More →
LAHORE ( Web News ) The Bank of Punjab has signed Memorandum of Understanding (MoU) with EXIM BANK of Pakistan Limited in order to support in development of business structure and business model for EXIM Bank Pakistan. Under the MoU, both BOP and EXIM would engage with multilateral and bilateralRead More →
KARACHI (PRESS RELEASE) Standard Chartered Bank is launching an agri-entrepreneur programme in Pakistan to support young people recover from the economic impact of the COVID-19 pandemic. The programme is part of Futuremakers by Standard Chartered, the Bank’s global initiative to tackle inequality by promoting economic inclusion for young people, includingRead More →
LAHORE ( Web News ) Bank of Punjab (BoP) and Fauji Foods Limited (FFL) on Tuesday signed an agreement to provide easy loans to dairy farmers as part of Punjab Rozgar Scheme and extension of the Prime Minister Kamyab Jawan Scheme. Under the agreement, the BoP would ensure easily accessibleRead More →
ISLAMABAD ( Web News ) Faysal Bank Limited and Akhuwat have come together in a strategic partnership to promote Shariah compliant affordable housing, under the Government of Pakistan’s low-cost housing finance facility for low-income individuals. The memorandum of understanding (MoU) was signed by Faysal Bank’s Head of Corporate & InvestmentRead More →