ISLAMABAD (WEB DESK ) VIS Credit Rating Company has upgraded the Management Quality Rating (MQR) of HBL Asset Management Limited (HBL AMC) from ‘AM2+’ (AM-Two Plus) to ‘AM2++’ (AM-Two Plus Plus). Outlook on the assigned rating is ‘Stable’. The upgrade in rating reflects the exhibited improvement in market position andRead More →
LAHORE ( WEB DESK ) The Bank of Punjab (BOP) and Akhuwat Islamic Microfinance (AIM) signed a MOU to provide financing to applicants referred by Akhuwat under Prime Minister’s Kamyab Jawan Entrepreneurship Scheme. The ceremony was held at the Bank’s Head Office and the MoU was signed by Mr. ZafarRead More →
ISLAMABAD ( WEB DESK ) Country’s leading cellular and digital services provider, Zong 4G, and one of Pakistan’s leading commercial banks, Faysal Bank, have inked an agreement making Zong 4G its official communication partner. The partnership is in line with the digitization goals of both the organizations, with Zong 4GRead More →
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 →
MUZAFAR ABAD ( WEB DESK ) Dr Muhammad Najeeb Naqi Khan, Minister for Finance and Health of the Independent Government of Jammu and Kashmir visited the head office of Bank of Azad Jammu and Kashmir here yesterday. The Minister of State called on the President of the Bank Mr. KhawarRead 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 →
SIALKOT ( WEB DESK ) In a ceremony held in Sialkot, His Excellency Prime Minister Imran Khan awarded trophy to the Bank of Punjab for being the Top Performing Bank in Prime Minister’s Kamyab Jawan Program (Youth Employment Scheme) Disbursement. The trophy was received by Mr. Zafar Masud (President &Read More →
ISLAMABAD ( WEB DESK ) Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banking network, together with Pakistan International Airlines (PIA), carried out the second ballot for the four winners of the “Welcome Home – Roshan Digital Account” campaign, during a ceremony held at Faysal House, Karachi. The ceremonyRead More →