KARACHI ( Web News ) InfraZamin Pakistan Limited (InfraZamin) & ITMinds Limited (ITMinds), a wholly owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), have signed an agreement enabling ITMinds to provide Back Office Accounting Services to InfraZamin. The agreement was signed by Ms. Maheen Rahman CEO-InfraZamin, and Mr. Iqleem-uz-Zaman Khan CEO-ITMinds in the presence of Mr. Badiuddin Akber Director-ITMinds & CEO-CDCPL, Mr.
KARACHI ( WEB DESK ) Under a grant from Karandaaz Pakistan, Hysab Kytab’s application saw a 27% increase in conversion rate of the offered financial products in its women consumers. Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation, is running a digital experiments program and provided a grant
ISLAMABAD ( WEB DESK ) Following an extensive search and competitive selection process, the stakeholders of InfraZamin Pakistan, namely Karandaaz Pakistan, and the Private Infrastructure Development Group (PIDG) companies InfraCo Asia Investments and GuarantCo, have appointed Ms Maheen Rahman as the company’s Chief Executive Officer. Ms Rahman, whose appointment asInfraZamin
Islamabad ( WEB DESK ) InfraZamin Pakistan is an innovative, for-profit credit enhancement facility funded with equity capital from InfraCo Asia Investments and Karandaaz Pakistan, provided by the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO). InfraCo Asia, via its subsidiary Indus Guarantees Pte Ltd, and Karandaaz held a signing
ISLAMABAD ( WEB DESK ) Karandaaz Pakistan, with support from the Bill & Melinda Gates Foundation (BMGF) and the UK’s Foreign, Commonwealth and Development Office (FCDO), has launched the second round of its annual challenge titled, Karandaaz Financial Inclusion for Women Challenge. Under this challenge, Karandaaz is inviting applications to
ISLAMABAD (PRESS RELEASE) Pakistan Microfinance Investment Company (PMIC) and Karandaaz Pakistan have signed a subordinate loan agreement under which Karandaaz Pakistan will provide PMIC with a subordinate loan of PKR 3.4 billion to be released in two equal tranches. The Subordinate Loan Agreement was signed by Mr. Ali Sarfraz, Chief
ISLAMABAD ( PRESS RELEASE ) A collaboration amongst four Pakistan and multi-national organizations aims to enhance the availability of financial services to low-income women across Pakistan. The partnership, announced today, brings together the technical expertise of Pakistan’s premiere mobile financial services provider JazzCash and consumer products giant Unilever Pakistan Limited.
ISLAMABAD ( PRESS RELEASE ) Karandaaz Pakistan, an initiative to support financial inclusion and small and medium enterprises (SMEs) is providing a grant of USD 2.3 million to a digitization project of the Central Directorate of National Savings (National Savings). Through this digitization project, CDNS will provide alternate delivery channels
ISLAMABAD ( BMZ REPORT ) Pakistan’s foremost agency for promotion of financial inclusion and access to finance, Karandaaz Pakistan held a half-day workshop to deliberate on waysto promote and expedite the process ofwomen’s financial inclusion in the country. Karandaaz Pakistan is provided institutional and financial support by the United Kingdom’s
ISLAMABAD ( BMZ REPORT ) JazzCash and Karandaaz have entered into a strategic alliance to enhance access of digital financial services in Pakistan. To form this alliance a signing ceremony was held between Aniqa Afzal Sandhu, VP Digital & Mobile Financial Services – Mobilink and Ali Sarfraz Hussain, CEO –