ISLAMABAD (PRESS RELEASE) Standard Chartered under its Diversity & Inclusion platform joined hands with British Deputy High Commission and celebrated International Women’s Day. The Bank along with British Deputy High Commission organised short master classes which were conducted by leading women and men who were specialists in their areas. TheseRead More →
ISLAMABAD (PRESS RELEASE) Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5 m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digitalRead More →
KARACHI (PRESS RELEASE) The Board of Directors of Bank Alfalah Limited met in Abu Dhabi under the chairmanship of His Highness Sheikh Nahayan Mabarak Al Nahayan, on Sunday to review the performance of the Bank and approved the financial statements of the Bank for the year ended December 31, 2017.Read More →
KARACHI (PRESS RELEASE) MCB-Arif Habib Savings and Investments Limited (MCB-AH) has signed an agreement with Covalent Pvt Limited an Access Group and TPS Joint Venture to launch Pakistan’s First mutual fund with 1LINK enabled PayPak Debit Card. This technology partnership will enable MCB-AH Investors to withdraw cash from any 1LINKRead More →
ISLAMABAD (PRESS RELEASE) Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on 14 February 2018 in Islamabad, posting appreciable growth in bottom line, accompanied with a dividend of Rs 0.53/share. KMBL’s pre-tax profit of PKR 2.49 billion increased by 40% against last year’s profit ofRead More →
KARACHI ( PRESS RELEASE ) Bank Alfalah Limited, as part of its Corporate Social Responsibility initiatives, has partnered with the Aman Foundation to support their life-saving Ambulance program. The Aman Foundation’s flagship Aman Ambulances have made 900,000+ interventions to date. In Pakistan, only a small percentage of patients use ambulance services inRead More →
KARACHI ( PRESS RELEASE ) Bank Alfalah in collaboration with Employees Old Age Benefits Institute (EOBI) initiated the digital model for EOBI pension disbursements in May 2016. This innovative system has provided more than 380,000 pensioners with a convenient and hassle-free process of collecting pensions through Union Pay International poweredRead More →
ISLAMABAD ( PRESS RELEASE ) JS Global Capital Limited (JSGCL), is hosting Pakistan Investment Conference in New York, United States of America. This follows JSGCL’s successful investment conference held earlier this year in London, which supported Pakistan in achieving the Emerging Market status by Morgan Stanley Capital International. The objectiveRead More →
KARACHI ( PRESS RELEASE ) Bank Alfalah and Yayvo.com signed a Memorandum of Understanding, allowing Bank Alfalah customers to conveniently purchase items from one of Pakistan’s biggest e-commerce stores, further enhancing the scope of e-commerce and digital payments in the country. Yayvo.com will integrate Bank Alfalah’s payment gateway and powerRead More →
KARACHI ( MEDIA REPORT ) Top management of HBL is expected to be reorganized as Nauman K Dar, the President and CEO of Habib Bank Limited (HBL) is set to retire on December 31, 2017. The notice sent to the Pakistan Stock Exchange (PSX) explained that after Dar’s retirement, HBL willRead More →
ISLAMABAD ( PRESS RELEASE ) National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Thursday asked anti-graft watchdog to contact Interior ministry to request not to remove name of President of National Bank of Pakistan Saeed Ahmed from Exit Control List (ECL). In a statement NAB chairman said thatRead More →
KARACHI ( PRESS RELEASE ) Telenor Microfinance Bank, has entered into a partnership with Careem Pakistan under which disbursal of payments to their Captains will be carried out through the Bank’s branchless banking platform – Easypaisa. Careem is set to utilize Easypaisa’s extensive network of over 75,000 agents nationwide toRead More →