Karachi, Pakistan, July 11, 2024 — In a groundbreaking partnership, Dubai Islamic Bank Pakistan (DIBP), ChargeUp, and NymCard have unveiled a new corporate expense card solution tailored for businesses in Pakistan. This collaboration aims to revolutionize the way Pakistani companies manage employee expenses by leveraging advanced card issuance and processing technology. ChargeUp will issue Dubai […]
In a groundbreaking collaboration, EduFi has joined forces with Taleem Finance Company Limited (TFCL) to revolutionize educational financing in Pakistan. This alliance aims to empower aspiring students nationwide by reducing financial barriers to education, ensuring that opportunities are accessible to all, regardless of their economic background. The momentous partnership was formalized at a ceremony attended […]
Islamabad, July 10, 2024— In a significant move to streamline the payment of various receipts, the Islamabad Capital Territory Police has announced a collaboration with 1LINK and the State Bank of Pakistan (SBP) for the implementation of the 1BILL payment system. The ceremony, marking this milestone, was attended by prominent figures including Mr. Syed Ali […]
Islamabad, July 8, 2024 — The Mastercard Strive Women program in Pakistan is pleased to announce a new partnership with the Bank of Punjab (BOP), aiming to enhance formal financial access for women-led micro and small entrepreneurs across the country. Supported by the Mastercard Center for Inclusive Growth and implemented by CARE, Strive Women strengthens […]
The State Bank of Pakistan (SBP) has announced the appointment of nine banks and one financial institution as Primary Dealers (PDs) for the investment in Government Securities, including Medium Term Bills (MTBs) and Pakistan Investment Bonds (PIBs) for the fiscal year 2024-25. Following a rigorous evaluation process, the SBP selected the following institutions as Primary […]
NRSP Bank is proud to announce that it has reached the significant milestone of PKR 50 billion in deposits. This achievement is a testament to the trust and support of our valued customers, as well as the dedication and hard work of the entire NRSP Bank team. Founded with the mission to provide accessible and […]
MYTM LLC, a leading financial services provider from Saudi Arabia, is proud to announce its expansion into the United Arab Emirates with the opening of a new office in Dubai. This strategic move aims to bring innovative financing and payment solutions tailored to meet the unique needs of the UAE market. New Offerings: A Proud […]
Karachi, July 8, 2024 – MCB Bank Limited (PSX: MCB) has secured shareholder approval to incorporate 39 branches, along with all associated rights and obligations, into its Islamic banking operations. This significant development was communicated to the Pakistan Stock Exchange (PSX) on Monday. According to the official stock filing, shareholders have authorized the transfer of […]
In a groundbreaking move to revolutionize financial transactions within the public sector, the Punjab Information Technology Board (PITB), MCB Bank, and Mastercard have signed a Memorandum of Understanding (MoU) to digitize payments in Pakistan. The agreement was signed by PITB ADG Khurram Mushtaq and MCB Bank Group Head Shahzad Ishaq, marking a significant step towards […]
Fauji Fertilizer Company (FFC), renowned for its motto “Partner in Prosperity,” has entered a strategic partnership with Agrilift to revolutionize agricultural practices across Pakistan through the integration of cutting-edge Agtech solutions. This collaboration aims to modernize farming practices, thereby enhancing national food security and promoting sustainability within the agricultural sector. Under this alliance, FFC and […]