Amir Khan Elected as Chairman of Pakistan Microfinance Network (PMN) – Fintech News Pakistan
Amir Khan, President & CEO of HBL Microfinance Bank LTD., has been elected as the…
Amir Khan Elected as Chairman of Pakistan Microfinance Network (PMN) – Fintech News Pakistan
Amir Khan, President & CEO of HBL Microfinance Bank LTD., has been elected as the new Chairman of the Pakistan Microfinance Network (PMN). Bringing with him over 32 years of diverse experience in consumer and commercial banking, Mr. Khan is set to lead PMN towards further growth and innovation in the microfinance sector. Since 2012,…
UBL Partners with TPL Maps to Drive Innovation in Digital Banking – Fintech News Pakistan
Karachi, Pakistan – TPL Maps, Pakistan’s leading location-based services provider, has announced a strategic partnership with United Bank Limited (UBL), one of the country’s largest financial institutions, to drive innovation and optimize digital banking operations. This collaboration marks a significant step in both organizations’ efforts to empower businesses with cutting-edge technology and accelerate Pakistan’s digital…
Visa Targets 10-fold Increase in Digital Payments in Pakistan – Fintech News Pakistan
Visa Targets Tenfold Increase in Digital Payments in Pakistan through Strategic Partnership with 1Link KARACHI, – Visa, the global payments leader, has announced plans to significantly expand the number of businesses accepting digital payments in Pakistan over the next three years, with the aim of increasing this figure tenfold. Leila Serhan, Visa’s General Manager for…
Banking Sector Profit Growth Slows to 1.1% in H1 2024 Amid Declining Interest Rates – SBP Report
The profitability of Pakistan’s banking sector decelerated significantly in the first half of 2024, with after-tax profit growing by just 1.1% to Rs. 287 billion, according to the State Bank of Pakistan’s (SBP) Mid-Year Performance Review of the Banking Sector. This slowdown was driven by reduced growth in advances and declining returns on earning assets…
Noman Azhar, Chief Officer Zindigi powered by JS Bank Named “Digital Leader of the Year” – Fintech News Pakistan
Lahore, Pakistan, September 2024 – Noman Azhar, Chief Officer of Zindigi, powered by JS Bank, has been honored with the prestigious title of “Digital Leader of the Year” at the 2024 Pakistan Digital Awards. This accolade recognizes his pivotal role in transforming Pakistan’s digital banking and fintech sectors, as well as his efforts in revolutionizing…
Advans Pakistan Microfinance Bank Rebrands as Halan Microfinance Bank: SBP – Fintech News Pakistan
KARACHI, September 16, 2024: Advans Pakistan Microfinance Bank Limited has officially re-branded as Halan Microfinance Bank Limited, effective from September 16, 2024. The announcement was made by the State Bank of Pakistan (SBP) in a press statement issued on Monday. The SBP informed customers of the name change and reassured that the bank continues to…
HBL Wins Prestigious ‘Best Board of the Year’ Award from PICG – Fintech News Pakistan
Karachi: HBL has been awarded the coveted ‘Best Board of the Year’ by the Pakistan Institute of Corporate Governance (PICG), in recognition of its exemplary leadership, strong governance, and strategic oversight. The award highlights HBL’s continued commitment to excellence in corporate governance and responsible business practices. The accolade was presented to Aamir Irshad, Acting President…
JazzCash and UBL Join Forces to Streamline Retailer Fund Deposits – Fintech News Pakistan
Islamabad – September 2024: In a strategic move aimed at boosting financial digitization, JazzCash has announced a partnership with United Bank Limited (UBL) to streamline the process for its agents across Pakistan to deposit funds into their JazzCash retailer accounts. This collaboration provides JazzCash agents with a seamless, secure, and efficient way to manage their…
Bank of Khyber Partners with ABL Funds to Distribute Mutual Fund Units through BoK’s Branch Network – Fintech News Pakistan
The Bank of Khyber (BoK) is pleased to announce a strategic partnership with ABL Funds for the distribution of ABL Asset Management Mutual Fund Units through BoK’s extensive branch network. This collaboration aims to expand investment opportunities for customers, providing them with easy access to a diverse range of mutual funds, including voluntary pension schemes…
Faysal Bank and Mastercard Renew Partnership for Faysal Islami Noor Card – Fintech News Pakistan
Karachi, Pakistan – September 12, 2024 – Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has announced the renewal of its strategic partnership with Mastercard, further expanding the reach and impact of the Faysal Islami Noor Card. This renewal marks a significant step in enhancing Pakistan’s Shariah-compliant digital payments landscape. The Faysal Islami…
