Leatherback Partners with MCB Bank to Facilitate Seamless Remittances in Pakistan and South Asia In a bid to streamline cross-border financial transactions, Leatherback, a global banking service provider, has joined forces with MCB Bank, one of Pakistan’s largest commercial banks. This strategic partnership aims to enhance accessibility to business and lifestyle opportunities in Pakistan and […]
In a groundbreaking move, U Microfinance Bank and Digitt+, a leading agri-fintech firm, have joined forces in a monumental PKR 10 billion partnership, reshaping financial dynamics within Pakistan’s agricultural sector. This collaborative endeavor amalgamates Digitt+‘s cutting-edge, in-house payment infrastructure with U Bank’s extensive lending proficiency, marking the dawn of a new era for tailored financial […]
Farmdar and Bank Alfalah Limited Forge Historic Partnership to Reshape Agricultural Lending in Pakistan Lahore, April 29th, 2024 – Farmdar, a Pakistani leader in agri-data analytics, and Bank Alfalah Limited, one of Pakistan’s premier banking institutions, have officially entered into a groundbreaking partnership. At the core of this landmark collaboration lies Farmdar’s extensive repository of […]
BankIslami Reports Impressive Financial Performance in Q1 2024 In a testament to its financial resilience and strategic prowess, BankIslami has announced stellar financial results for the first quarter of 2024, with a remarkable surge in profit before tax. Despite facing challenging market conditions, the bank achieved a profit before tax of PKR 6.3 billion, marking […]
In a significant development, Habib Bank Limited (HBL) has inked a strategic partnership with Shaukat Khanum Hospital aimed at optimizing cash management and payroll processes. This collaboration underscores HBL’s unwavering commitment to pioneering solutions and fortifying critical healthcare infrastructure. HBL, a leading financial institution renowned for its innovative approach, has entered into a strategic alliance […]
BANK OF PUNJAB’S FIRST QUARTER PERFORMANCE UNDERSCORES REMARKABLE GROWTH Lahore, April 26, 2024 – The Board of Directors of The Bank of Punjab convened on Friday to deliberate on the un-audited Financial Statements for the 1st quarter ending March 31, 2024. The session saw a thorough review of the Bank’s performance against its strategic business […]
Pakistan Considers Introducing Digital Currency, Finance Minister Reveals at World Economic Forum During a session at the World Economic Forum (WEF), Finance Minister Muhammad Aurangzeb disclosed Pakistan’s contemplation of implementing digital currency within its borders. Aurangzeb highlighted the nation’s tentative steps toward potentially adopting digital currency, underscoring its significance on the global economic stage. Furthermore, […]
According to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, JSBL reported a consolidated profit of Rs4.2 billion during the three months ended March 31, 2024, soaring from Rs883.27 million in the first quarter of the previous year. The surge in profit is attributed to a substantial rise in both interest and […]
In a groundbreaking collaboration poised to reshape supply chain dynamics, JazzCash has joined forces with Reliance Distribution; a Pepsi‘s distributor to introduce cutting-edge digital solutions. Unveiling the M2D (Merchant to Distributor) platform, this partnership marks a significant milestone in the journey towards a fully digitized supply chain ecosystem. With the aim of fostering financial inclusion […]
In a groundbreaking move, Zindigi, in partnership with JS Bank & MyTM, and in collaboration with Cashin (KSA), has launched an innovative payment system tailored specifically for Pakistani pilgrims, aligning with Saudi Arabia’s Vision 2030. Unveiled at the LEAP conference this year, this initiative introduces a cashless Hajj and Umrah experience, significantly enhancing convenience by […]