In a groundbreaking collaboration, Iyzil, in partnership with InsurTech Instaful Solutions, introduces a pioneering insurance solution aimed at protecting women against harassment, prioritizing their mental and psychological well-being. This innovative initiative, unprecedented not only in Pakistan but globally, reflects a steadfast commitment to enhancing women’s safety and empowerment. Aligned with the United Nations’ Sustainable Development […]
Bank Alfalah, a prominent commercial bank in Pakistan, has inked a Memorandum of Understanding (MoU) with Indus Hospital & Health Network (IHHN) to extend humanitarian support by establishing a Primary Care Health Facility in the flood-stricken District Thatta, at Makli. Under the leadership of His Excellency Sheikh Nahayan bin Mubarak Al Nahayan, Chairman of Bank […]
In a noteworthy advancement towards financial digitization in Pakistan, Zindigi, in collaboration with JS Bank, has entered a strategic partnership with Zong the nation’s foremost telecommunications provider. This collaborative venture seeks to offer seamless and innovative digital financial solutions, aligning with the shared vision of both entities to foster financial inclusivity and digital transformation across […]
NEWS FLASH: Agahe Pakistan Surpasses 2-Billion Gross Loan Portfolio. In a groundbreaking achievement, Agahe Pakistan proudly announces the attainment of a 2-Billion Gross Loan Portfolio milestone as of March 2024. This remarkable feat underscores the institution’s unwavering dedication to fostering financial inclusion among low-income individuals, particularly women and youth, through the provision of microfinance facilities. […]
Mashreq Pakistan becomes the inaugural digital bank on 1LINK’s platform, heralding a new era of seamless financial services in Pakistan. In a groundbreaking development for Pakistan’s banking landscape, Mashreq Pakistan proudly announces its strategic collaboration with 1LINK, the nation’s foremost switch and payment services provider. This landmark partnership positions Mashreq as the premier digital banking […]
In a significant move aimed at advancing digital banking solutions in Pakistan, MCB Bank has entered into a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for its expertise in processing secure electronic financial transactions. The signing ceremony, presided over by MCB Bank President & CEO, Mr. Shoaib Mumtaz, and attended by […]
JazzCash Introduces Islamic Savings: A Pioneering Fintech Initiative in Pakistan New Product Empowers Customers to Invest in Future with Confidence, Aligned with Islamic Ethos In another pioneering move within Pakistan’s fintech landscape, JazzCash has unveiled “Islamic Savings,” a groundbreaking product designed to empower customers to invest in their future while adhering to Islamic principles. The […]
In a groundbreaking move aimed at revolutionizing Pakistan’s agriculture sector, The Bank of Punjab (BOP) and Karandaaz Pakistan have joined forces in a strategic alliance under Karandaaz’s inaugural Digital Financing for Agriculture (DFA) Challenge 2023. The landmark agreement, signed on April 1, 2024, marks the commencement of a pioneering initiative geared towards enhancing digital agriculture […]
In a significant development for Pakistan’s financial sector, Mr. Farrukh Sabzwari has been elected as the Chairman of the Central Depository Company of Pakistan Limited (CDC). With over 25 years of distinguished experience in investment banking, both domestically and internationally, Mr. Sabzwari brings a wealth of expertise to his new role. Prior to his appointment […]
In a strategic move to bolster its presence in the financial sector, Pakistan State Oil (PSO) has secured a significant milestone as its fully-owned subsidiary, Cerisma Pvt Limited, receives approval from the State Bank of Pakistan (SBP) to establish an Electronic Money Institution (EMI). The banking regulator has granted an in-principle approval to Cerisma for […]