Bank Alfalah and Blinq Forge Strategic Partnership to Revolutionize Business Financial Solutions – Fintech News Pakistan
Blinq and Bank Alfalah Forge Strategic Partnership to Revolutionize Business Financial Solutions In a groundbreaking…
Bank Alfalah and Blinq Forge Strategic Partnership to Revolutionize Business Financial Solutions – Fintech News Pakistan
Blinq and Bank Alfalah Forge Strategic Partnership to Revolutionize Business Financial Solutions In a groundbreaking move set to redefine the landscape of financial solutions for businesses, Blinq, the foremost B2B fintech innovator, has announced a strategic partnership with Bank Alfalah, a stalwart in the banking and finance sector. This partnership marks a significant leap forward…
EduFi Gets NBFC License, Set to Revolutionize Education Finance in Pakistan – Fintech News Pakistan
EduFi Financial Services Receives NBFC License, Set to Revolutionize Education Finance in Pakistan In a significant development, EduFi Financial Services Private Limited has obtained its Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), marking a pivotal moment for the company and the education finance sector in Pakistan. This milestone…
JS Bank Collaborates with Inspiring Women to Empower Female Entrepreneurs – Fintech News Pakistan
JS Bank Collaborates with Inspiring Women PK to Empower Female Entrepreneurs JS Bank is delighted to announce its partnership with Inspiring Women to provide training in financial management, budgeting, and saving for girls and women. This collaboration is a pivotal aspect of JS Bank’s Her Entrepreneurial Community initiative, aimed at empowering female entrepreneurs with the…
MCB Bank Limited Posts Rs. 16.6 Billion Profit in 3 Months – Fintech News Pakistan
MCB Bank Limited Declares Impressive First Quarter Results In a recent board meeting chaired by Mian Mohammad Mansha, MCB Bank Limited (MCB) reviewed its performance for the first quarter ending March 31, 2024, and approved condensed interim financial statements. The board declared a first interim cash dividend of Rs. 9.0 per share, reflecting a robust…
Bank Alfalah Limited Posts Rs. 9.912 Billion Profit in 3 Months – Fintech News Pakistan
Bank Alfalah Limited Reports Strong Financial Performance for Quarter Ended March 31, 2024 In a recent meeting held on April 24, 2024, the Board of Directors of Bank Alfalah Limited (BAFL) approved the bank’s financial results for the quarter ended March 31, 2024, showcasing robust growth and strategic resilience in challenging market conditions. The bank…
Allied Bank Limited Posts Rs. 11.6 Billion Profit in 3 Months – Fintech News Pakistan
Allied Bank Limited Reports 1QCY24 Earnings: Profit Up 51% YoY, Down 5% QoQ Allied Bank Limited (PSX: ABL) unveiled its financial results for the first quarter of the calendar year 2024 (1QCY24) today, showcasing a robust performance with a Profit After Tax (PAT) of Rs. 11.6 billion. This figure represents a noteworthy increase of 51…
U Microfinance Bank and Golootlo Forge Strategic Alliance to Offer Exclusive Discounts to UnionPay Debit Cardholders – Fintech News Pakistan
Title: U Microfinance Bank and Golootlo Forge Strategic Alliance to Offer Exclusive Discounts to UnionPay Debit Cardholders U Microfinance Bank and Golootlo have entered into a significant partnership agreement aimed at providing exclusive discounts to U Microfinance Bank’s UnionPay debit cardholders. The agreement, signed on April 22, 2024, marks a pivotal step in enhancing customer…
Pakistan Stock Exchange (PSX) Marks Listing of Mahaana Islamic Index ETF – Fintech News Pakistan
Headline: Pakistan Stock Exchange Celebrates Listing of Mahaana Islamic Index ETF In a vibrant ceremony hosted at the Pakistan Stock Exchange (PSX), the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) was celebrated with notable dignitaries in attendance. Among the distinguished guests were Mr. Akif Saeed, Chairman of the Securities and Exchange Commission…
HBL Posts Rs. 15 Billion Profit (After Tax) in 3 Months – Fintech News Pakistan
Headline: HBL Reports Robust Growth in Q1’24, Declares Rs. 4 Cash Dividend per Share Subhead: Consolidated Profit Before Tax Surges 40%, Earnings Per Share Reach Rs. 10.37 Body: In an announcement today, Habib Bank Limited (HBL) disclosed its impressive financial performance for the first quarter ended March 31, 2024. The bank’s consolidated profit before tax…
SECP Officially Registers The Bank of Punjab’s Exchange Company – Fintech News Pakistan
In a significant development, The Bank of Punjab (PSX: BOP) has achieved official registration for its exchange company by the Securities and Exchange Commission of Pakistan (SECP). The bank disclosed this information to the main bourse on Monday, stating that the SECP has issued the Certificate of Incorporation to “BOP Exchange (Private) Limited,” which stands…
