KARACHI (PRESS RELEASE) In continuation of its effort to increase financial inclusion, as part of the Government of Pakistan’s National Financial Inclusion Strategy of 2015 and the Strategic Goals of SBP’s vision 2020,Telenor Microfinance Bank has launched ‘Easypaisa Loan’, the country’s first ever Digital Nano Loan. The loan is processed andRead More →

KARACHI (PRESS RELEASE) The senior management of Telenor, comprising Telenor Group CEO Sigve Brekke, Telenor Microfinance Bank President & CEO Shahid Mustafa, and Telenor Pakistan CEO Irfan Wahab Khan, met with Alibaba CEO Jack Ma and Ant Financial CEO Eric Jing, besides other senior officials from Alibaba Group and AntRead 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 a major move aimed at further driving the cashless ecosystem in Pakistan, Mastercard, a leading technology company in the global payments industry, and Easypaisa, the first and largest mobile financial service (MFS) provider in the country, will now enable Masterpass QR payments for Easypaisa Mobile AccountRead More →

ISLAMABAD (PRESS RELEASE) Pakistan Microfinance Investment Company (PMIC) and Sona Welfare Foundation (SWF), the corporate social responsibility wing of Fauji Fertilizer Company (FFC), have signed off an MOU of PKR 260 million to implement an Agriculture Value Chain for 5,000 smallholder rice farmers, in districts Nankana Sahib, Sheikhupura and Gujranwala.Read 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) Pakistan’s leading microfinance institution, Telenor Microfinance Bank, has entered into a partnership with Thardeep Microfinance Foundation (TMF), a leading Pakistani nonprofit working for poverty alleviation, for swift and secure digital disbursals and repayment of credits to the beneficiaries in rural areas of the Sindh province. Under theRead More →

KARACHI (PRESS RELEASE) Telenor Microfinance Bank and TPL Insurance have enhanced the scope of their successful joint venture, ‘Sehat Sakoon’, which now offers life insurance to its subscribers. It was announced in a special event organized to celebrate the success of the product here at Movenpick Hotel, Karachi. President &Read More →

ISLAMABAD PRESS RELEASE) Easypaisa and Bookme.pk partnership is enabling thousands of customers to book bus, movie and event tickets conveniently online and pay through their Easypaisa Account, Visa or MasterCard, , or any of the 75,000+ Easypaisa shops nationwide. Customers can also avail the service by calling Bookme.pk helpline, get their tickets reserved and pay viaRead More →

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, ChiefRead More →

ISLAMABAD ( BMZ REPORT ) JazzCash, Mobilink’s Mobile Financial Services arm, has teamed up with HomeSend to let its users receive international remittances directly in their Mobile Accounts. JazzCash is the first mobile financial service provider to integrate with HomeSend and offers real-time transfers. Customers can then cash-out from JazzCash’sRead More →

ISLAMABAD ( BMZ REPORT ) Pakistan Microfinance Network (PMN) observed the “International Day for the Eradication of Poverty” in Islamabad. The initiative is supported by UKAID, The World Bank Group, ACTED, EasyPaisa, ECI, Ubank, Khushali Microfinance Bank, First Microfinance Bank, Engro Foundation and Data Check. The event had active participation of 80 persons representing StateRead More →