BoK Partners with eastnets to transform Cross-Border and Domestic Payments Infrastructure

BoK Partners with eastnets to transform Cross-Border and Domestic Payments Infrastructure

Peshawar, Pakistan — The Bank of Khyber (BoK) has announced a strategic partnership with Eastnets to transform its cross-border and domestic payment capabilities, marking a significant milestone in the bank’s journey toward digital modernization and alignment with international financial standards. The agreement was formally signed by Amin Sajid, Group Head of Operations and Support at […]

Jazz Partners with DynaSys to Accelerate IoT-Driven Innovation in Pakistan

Jazz Partners with DynaSys to Accelerate IoT-Driven Innovation in Pakistan

Jazz, Pakistan’s leading digital operator, has partnered with DynaSys Networks, a leading provider of Internet of Things (IoT) solutions, to accelerate the country’s adoption of IoT technologies across key sectors – including agriculture, energy, mobility, and urban infrastructure – through a purpose-built IoT platform. The collaboration will enable real-time data collection, automation, and analytics to […]

JS Bank Launches Pakistan’s First Dedicated Maternity Insurance via JS Her

JS Bank Launches Pakistan’s First Dedicated Maternity Insurance via JS Her

KARACHI – In a groundbreaking move to support women’s health and financial well-being, JS Bank, through its women-focused banking platform JS Her, has launched Pakistan’s first dedicated maternity insurance plan. The initiative was announced in line with Mother’s Day celebrations and aims to provide financial relief during one of life’s most significant milestones—childbirth. The newly […]

ICMAP Proposes Comprehensive Crypto Adoption Framework and CBDC Launch Plan for Pakistan

ICMAP Proposes Comprehensive Crypto Adoption Framework and CBDC Launch Plan for Pakistan

KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP), through its Research and Publications Department, has unveiled a comprehensive policy proposal titled “ICMA Proposes Crypto Adoption Framework and CBDC Launch Plan to Government.” This timely initiative introduces a Four-Pillar Framework for the responsible adoption of crypto currencies in Pakistan and outlines a strategic […]

sAi Venture Capital and P@SHA Forge $100M Partnership to Accelerate Pakistan’s Global Tech Footprint

sAi Venture Capital and P@SHA Forge $100M Partnership to Accelerate Pakistan’s Global Tech Footprint

Islamabad, Pakistan – In a landmark move poised to reshape the country’s technology landscape, sAi Venture Capital has announced a strategic partnership with the Pakistan IT Industry Association (P@SHA) to accelerate Pakistan’s emergence as a global hub for advanced technology and engineering services. Under this collaboration, sAi Venture Capital has committed to raise and deploy […]

Bank Alfalah Launches Its Hiring and Remote Working App Worklee

Bank Alfalah Launches Its Hiring and Remote Working App Worklee

KARACHI: Bank Alfalah has launched the country’s first, human resources hiring and remote working app called Worklee. The application is designed to create diversified, inclusive and accessible employment opportunities for all segments of society. The initiative is particularly aimed at women who want to work remotely, Persons with Disabilities (PwDs), and freelancers, removing barriers to […]

Standard Chartered Pakistan Secures $130 Million Banking Mandate from Siemens Energy

Standard Chartered Pakistan Secures $130 Million Banking Mandate from Siemens Energy

KARACHI: Standard Chartered Pakistan has been awarded a comprehensive USD 130 million banking mandate by Siemens Energy approved in January 2025. The mandate covers variety of banking products that further solidify Standard Chartered’s position as a trusted banking partner for global corporations operating in Pakistan. The partnership is a testament to the bank’s strong network, […]

Karandaaz Pakistan partners with Vizpro to Digitize Retail Payments and Boost SME Financing

Karandaaz Pakistan partners with Vizpro to Digitize Retail Payments and Boost SME Financing

Islamabad, May 2: Karandaaz Pakistan, a leading impact investment platform committed to promoting sustainable economic growth and financial inclusion in Pakistan, has announced a strategic partnership with Vizpro – a technology-driven fintech platform that is transforming the “Middle Mile” of Pakistan’s FMCG retail ecosystem. This collaboration is set to address long-standing inefficiencies in the country’s […]

SBP Releases FY26 Monetary Policy Committee Meeting Schedule

SBP Cuts Key Interest Rate by 1% Amid Easing Inflation

In a major policy shift, the State Bank of Pakistan (SBP) announced a 100 basis points cut in the benchmark interest rate, bringing it down to 11 percent. The decision was unveiled on Monday following a meeting of the central bank’s Monetary Policy Committee (MPC). This marks the first rate cut since March 10, when […]