LAHORE (PRESS RELEASE) FINCA Microfinance Bank sponsored “She Loves Tech: A Global Step Forward”, organized by CIRCLE – which is a social enterprise committed to women’s leadership development and economic empowerment. The competition was held in Innovative District 92, in Lahore. Aero Engine Craft Pvt Ltd won the first placeRead More →
ISLAMABAD (MEDIA REPORT) The Apex Court directed authorities to place names of the people mentioned in a list compiled by FIA, in Exit Control List. A three-member bench of the Supreme Court headed by Chief Justice Mian Saqib Nisar heard the case of fake bank accounts in Islamabad on Sunday.Read More →
LAHORE (PRESS RELEASE) SimSim, Pakistan’s first leading free mobile wallet, is revolutionizing digital commerce growth in Pakistan. SimSim is adding two new services for its valuable users, the ‘Door-Step’ cash-in service and a collaboration with TCS (courier service), introducing SimSim as a payment method for cash on delivery (COD). AsRead More →
ISLAMABAD (PRESS RELEASE) JazzCash and the National Bank of Pakistan (NBP) have partnered to launch ‘Pay to CNIC’, an integrated service that allows NBP account holders to transfer funds to any individual with a valid CNIC; anywhere in Pakistan. Funds remitted through this integration can be collected from JazzCash’s agentsRead More →
KARACHI (PRESS RELEASE) Habib Bank Limited (HBL) is proud to be officially granted the status of membership bank, during the 14th council meeting of Shanghai Cooperation Organization Interbank Association (“SCO IBA”), was held between 4th to 7th June, 2018 in Beijing, China. The Shanghai Cooperation Organisation (SCO) is a EurasianRead More →
LAHORE (PRESS RELEASE) Aiming to further increase its efforts towards bringing the unbanked and under-banked into the fold of financial services, Pakistan Microfinance Network (PMN) has signed an agreement with TPS, in the presence of the PMN Board and members, to digitize Pakistan’s microfinance industry through a ‘Digital Services PlatformRead More →
KARACHI (PRESS RELEASE) In yet another hallmark achievement, Pakistan’s leading microfinance institution, Telenor Microfinance Bank, has received the esteemed GSMA Mobile Money Certification for its branchless banking service Easypaisa. The GSMA Mobile Money Certification is a global initiative to bring safer, more transparent, and more resilient financial services to millionsRead More →
ISLAMABAD (PRESS RELEASE) Faysal Bank, one of the leading banks of Pakistan, recently entered into a tripartite contract with 1LINK (Guarantee) Limited (1LINK) and Innovarge to offer online payments and collections facility through its KuickPay digital payment scheme. The collaboration facilitates Kuickpay’s corporate members to receive funds from their customersRead More →
Abidjan, Côte d’Ivoire (PRESS RELEASE) Orange Côte d’Ivoire, Safaricom (Kenya), Telenor Microfinance Bank Ltd. (Easypaisa Pakistan), Tigo Tanzania and Vodacom Tanzania Are the First Mobile Money Providers to Become Certified At the Mobile 360 – West Africa event, the GSMA announced the launch of the GSMA Mobile Money Certification, aRead More →
KARACHI (PRESS RELEASE) IFC, a member of the World Bank Group, launched an Supply Chain Finance advisory services engagement with Pakistan’s fifth largest private bank, Bank Alfalah Limited, to help boost access to finance for Small and Medium Enterprises (SME), spurring economic growth. This partnership will help Bank Alfalah buildRead More →
ISLAMABAD (PRESS RELEASE) State Bank of Pakistan and Karandaaz signed an agreement today under which Karandaaz will support State Bank’s efforts to create an enabling environment based on international best practices for digital banks. Karandaaz will provide technical assistance to the State Bank of Pakistan for formulating legal and regulatoryRead More →
KARACHI (PRESS RELEASE) Members of the Bank Alfalah senior management team, including three Group Heads, Mehreen Ahmed (Group Head Retail Banking), Mr Bilal Asghar (Group Head Corporate, Investment Banking & International Business), Syed Ali Sultan (Group Head Treasury, Capital Markets & Financial Institutions), along with other bank employees, visited theRead More →