KARACHI ( WEB DESK ) BankIslami, Pakistan’s leading Islamic finance institution won 4 accolades at the prestigious 6th Islamic Retail Banking Awards (IRBA) 2020 adding another feather to its cap. BankIslami won the Critic’s Choice Best Islamic Retail Bank Award in Pakistan along with the Best Fintech Application Award for thisRead More →

MAZAFAR ABAD (AJK) ( WEB DESK ) The Board of Directors of the Bank of Azad Jammu and Kashmir held its 50th meeting under the chairmanship of Dr. Shahzad Khan Bangash, Chief Secretary Government of Azad Jammu and Kashmir and Chairman of the Board. The meeting was attended by BAJK Directors,Read More →

KARACHI ( WEB DESK ) SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State Bank of Pakistan (SBP) has launchedRead More →

SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion. KARACHI ( WEB DESK ) Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial system.Read More →

LAHORE ( STAFF REPORT ) The Bank of Punjab (BOP) and Pakistan Mortgage Refinance Company (PMRC) join hands together for providing and promoting affordable housing finance in the country by signing a Credit Guarantee Agreement with Credit Guarantee Trust for Low Cost Housing, set up by the Government of PakistanRead More →

ISLAMABAD ( WEB DESK ) Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank with over 20 million registered and 8 million active digital wallets, has appointed Mohammed Ali Ibrahim as Vice President Corporate Communications effective from 11 December 2020. Under this role, Ali will be reporting to MMBL’s ChiefRead More →

LAHORE ( WEB DESK ) The Bank of Punjab becomes the first bank on 1LINK 1TIP – Cyber Threat Intelligence Platform The Bank of Punjab has signed an agreement with 1LINK to acquire their Threat  Intelligence Services. It provides a platform to gather, share, store and correlate indicators of compromise ofRead More →

ISLAMABAD ( STAFF REPORT ) Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banking network, together with Pakistan International Airlines (PIA), carried out the first ballot for four winners for the “Welcome Home – Roshan Digital Account” campaign, during a ceremony held at Faysal House, Karachi. The ceremony wasRead More →

KARACHI ( WEB DEK ) The President and CEO of BankIslami, Syed Amir Ali stressed upon the stakeholders in the financial and banking sector to develop the solutions, models, and procedures for overcoming the economic challenges in wake of the pandemic, while addressing the 4th International Conference on Islamic BankingRead More →