Karachi, — In a landmark collaboration, ZLK Islamic Financial Services, Pakistan’s premier Shariah-compliant brokerage firm, has partnered with Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of the world’s first Islamic bank, Dubai Islamic Bank UAE. The partnership was formalized through a Memorandum of Understanding (MOU) signed by Mr. Junaid Ahmed, CEO of DIBPL, and […]
Islamabad, — New Energy Nexus, a global organization committed to advancing clean energy, has announced a strategic partnership with Renewables First, Pakistan’s premier think tank for energy and environmental issues. The partnership was unveiled at the Pakistan Cleantech Forum in Islamabad and is set to drive economic growth, job creation, and international investment in Pakistan’s […]
Islamabad – In a significant move to strengthen Pakistan’s digital payment landscape, UPaisa, a leading digital financial services platform powered by U Microfinance Bank and Ufone 4G , has entered into a strategic partnership with Bookme.pk, the country’s premier online ticketing platform. This collaboration aims to integrate UPaisa’s payment API into the Bookme.pk app, providing […]
Karachi, July 31, 2024 — United Bank Limited (UBL), one of Pakistan’s leading commercial banks, has reported consolidated earnings of Rs15.27 billion for the quarter ending June 30, 2024, marking a significant 17% increase from Rs13.05 billion in the same period last year. The bank’s earnings per share (EPS) rose to Rs12.10, up from Rs10.39 […]
Islamabad – Federal Minister for Finance Muhammad Aurangzeb visited the Pakistan Banks’ Association (PBA) for a meeting with the Presidents and CEOs of leading banks. The focus of the discussion was on the banking sector’s role in promoting growth in agriculture, small and medium enterprises (SMEs), and the digital and technology sectors in Pakistan. During […]
JazzCash, Pakistan’s leading mobile financial services provider, has announced a strategic partnership with the Rural Community Development Programme (RCDP). This collaboration aims to simplify financial journeys for customers by enabling convenient loan repayments through JazzCash wallets. The partnership is a significant step towards promoting sustainable development through financial services, a core mission of the RCDP. […]
Karachi, Pakistan – Faysal Bank Limited has partnered with TouchPoint (Pvt) Limited to implement Cadepo, a cutting-edge Cash and Cheque Deposit Machine system powered by QMatch 2.0. This initiative aims to provide customers with a more convenient and efficient way to perform cash deposit transactions, significantly reducing wait times and enhancing the overall customer experience. […]
In a landmark partnership, TASDEEQ and the Bank of Punjab (BOP) have signed a Memorandum of Understanding (MoU) to revolutionize financial services for farmers through BOP’s Kissan Card program. This strategic alliance aims to streamline credit assessment processes, facilitate loan approvals, and provide farmers with easy access to credit facilities, fostering growth and development in […]
The Punjab Information Technology Board (PITB) and JazzCash have officially joined forces to advance digital payment solutions via the PayZen platform. The partnership agreement was signed by PITB Additional Director General Khurram Mushtaq and JazzCash President Murtaza Ali. Senior officials from both organizations were present at the signing ceremony, including PITB Project Director Haroon Rasul […]
KARACHI, July 30, 2024 – In a decisive move to stimulate economic activity, the State Bank of Pakistan (SBP) announced a reduction in its key policy rate by 100 basis points, bringing it down to 19.5 percent. The decision, effective from July 30, 2024, was revealed by SBP Governor Jameel Ahmed following a meeting of […]