ISLAMABAD ( WEB NEWS ) A Memorandum of Understanding (MoU) was signed between Faysal Bank Limited and National Clearing Company of Pakistan Limited (NCCPL), a capital market infrastructure institution of Pakistan. The Pakistan Mortgage Refinance Company (PMRC) collaborated on the said initiative. Mudassir H. Khan, MD & CEO, PMRC wasRead More →
KARACHI ( WEB NEWS ) Pakistan Telecommunication Company Limited (PTCL) and United Bank Limited (UBL) signed an agreement, for the hosting of UBL’s primary site at PTCL’s purpose-built Tier -3 certified Data Center facility in Karachi. The signing ceremony was attended by Mr. Nadeem Khan, Acting CEO & Group ChiefRead More →
Karachi: Bank Islami has signed a joint branding agreement with PIA for its aircraft KARACHI (Web News) – Pakistan’s leading institution in Islamic banking, Bank Islami, has given the bank access to new heights of development by signing a joint branding agreement with Pakistan International Airlines (PIA) for its aircraft.Read More →
Pre-tax profit of Rs. 23.6 billion during the year 2020 to Standard Chartered Bank KARACHI (WEB NEWS ) Standard Chartered (Pakistan)Limited has announced its financial results for the year 2020, according to which the bank has a pre-tax profit of Rs. 23.6 billion during the year. With regard to theRead More →
LAHORE ( WEB NEWS ) Bank of Punjab (BOP) and Haleeb Foods Limited (HFL)have entered into a far-reaching collaboration to deliver easily accessible financing to dairy farmers associated with HFL. This initiative will enable the dairy farmers to avail affordable financing from BOP, on soft terms and lowest markup rates.Read More →
Mr. Zafar Masud President & CEO– BOP Inaugurates Economy Housing Scheme in Eminabad LAHORE ( WEB NEWS ) Mr. Zafar Masud President & CEO inaugurated an Economy Housing Scheme – Garden Squares in Eminabad today. BOP has taken lead in financing such projects of public value and this is firstRead More →
KARACHI ( Web News ) In order to promote digital payments, SBP has been taking steps to make them more secure, introducing new features and promoting their use. In consultation with the industry and other stakeholders, SBP has taken more steps to make digital transactions and card payments more secureRead More →
LAHORE ( STAFF REPORT ) A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on February 19, 2021. During the meeting, annual audited Financial Statements of the Bank for the year ended December 31, 2020 were approved by the Board. While reviewing the financialRead More →
KARACHI ( WEB NEWS ) Decagon Pakistan Pvt Ltd. (Golootlo) has entered into an agreement with BankIslami, which will allow the bank’s PayPak debit card customers to seamlessly access Golootlo discounts nationwide as part of the PayPak Loyalty Program. Customers with PayPak EMV Debit Cards issued by BankIslami will nowRead More →
lSLAMABAD ( WEB NEWS ) Faysal Bank Limited, Pakistan’s fastest growing Islamic Bank has launched “Noor” Card – a Shariah compliant alternative to conventional credit cards, facilitating its Islamic banking consumers with a range of benefits and Halal offers across various categories of spend – powered by Mastercard. Taking theRead More →
Non-Residents Pakistanis and Residents can now repatriate their funds freely and bank digitally anytime, anywhere KARACHI ( WEB NEWS ) Habib Metropolitan Bank Limited (HABIBMETRO) has joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan. Roshan Digital Accounts provide innovative banking solutions to millions of Non-ResidentRead More →
LAHORE ( WEB NEWS ) Bank of Punjab (BOP) and Federal Government Employees Housing Authority (FGEHA) signed a Memorandum of Understanding (MoU) in a ceremony held at Ministry of Housing & Works, Islamabad.This MoU will go a long way in providing affordable housing to the employees of federal government andRead More →