Lahore, Pakistan – Jazz, Pakistan’s leading digital conglomerate, has extended its flagship Digital Pakistan Fellowship Program to the Lahore University of Management Sciences (LUMS). This initiative aims to empower students to shape the digital discourse and contribute to the evolving landscape of tech journalism in Pakistan. The fellowship program is designed to engage the youth […]
SBP Clears Appointment of Nauman Chughtai As MCB CEO
The State Bank of Pakistan (SBP) has granted approval for Muhammad Nauman Chughtai to assume the role of President and Chief Executive Officer (CEO) of MCB Bank, following the successful completion of his Fit and Proper Test (FPT). In an official notification to the Pakistan Stock Exchange (PSX) on Wednesday, MCB Bank confirmed the development, […]
InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems (Pvt) Ltd.
Jan 16, 2025, Karachi, Pakistan – InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and […]
Unlocking Growth Potential: Dun & Bradstreet Pakistan & PSO Join Hands
KARACHI, PAKISTAN Dun & Bradstreet Pakistan (D&B) has partnered with Pakistan State Oil Company Limited (PSO), the country’s leading energy company, to enhance its supplier risk management capabilities. Through this collaboration, PSO will leverage D&B’s expertise to make informed, data-driven decisions on its suppliers. The D&B Risk Analytics will empower PSO to gain unparalleled visibility […]
JazzCash outlines three year plan to expedite Pakistan’s Cashless Transition
KARACHI: JazzCash, Pakistan’s leading fintech platform, has unveiled its three-year roadmap to accelerate the country’s journey towards a cashless society, a statement said on Wednesday. The roadmap was presented by President of JazzCash Murtaza Ali and his team to, Group CEO of VEON and Chairman of Jazz Board Kaan Terzioglu and CEO of Jazz and […]
Finance Minister Chairs Meeting with PMIC Leadership to Accelerate Financial Inclusion
Islamabad, January 16, 2025 – Finance Minister Senator Muhammad Aurangzeb chaired a high-level meeting with the leadership of the Pakistan Microfinance Investment Company (PMIC) today to address challenges and explore opportunities in the microfinance sector, a key driver of financial inclusion in Pakistan. Established in 2016 under the National Financial Inclusion Strategy (NFIS), PMIC operates as […]
UBL Converts All Conventional Branches in KP, Balochistan to Islamic Banking
January 15, 2025 United Bank Limited (PSX: UBL) has announced the successful conversion of all its branches in Khyber Pakhtunkhwa (KP) and Balochistan to Islamic banking, aligning with Pakistan’s recent legislative shift toward a fully Shariah-compliant financial system. This move follows the passage of a law in December 2024 by the National Assembly mandating the […]
Mobilink Microfinance Bank Appoints Haaris Mahmood Chaudhary as CEO
Karachi, Pakistan – Mobilink Microfinance Bank (MMBL) has announced the appointment of Haaris Mahmood Chaudhary as its new Chief Executive Officer. With a distinguished career spanning over two decades, Haaris brings a wealth of experience in banking, digital innovation, and financial inclusion. Haaris joins MMBL after serving as the Chief Operating Officer (COO) and Interim […]
1LINK Onboards National Bank of Pakistan as Reverse Bill Aggregator on 1BILL Platform
Karachi – In a significant move to enhance digital payment services in Pakistan, 1LINK has onboarded the National Bank of Pakistan (NBP) as a Reverse Bill Aggregator on its flagship 1BILL platform. The partnership is set to streamline bill collection processes and expand the reach of digital payment solutions across the country. The signing ceremony, […]
Muhammad Hamayun Sajjad joins 1LINK board as Independent Director
Karachi – Muhammad Hamayun Sajjad has been appointed as an Independent Director on the Board of 1LINK (Pvt) Ltd, marking a significant addition to the company’s leadership. Sajjad, who is currently the Chief Executive Officer at Mashreq Pakistan, part of the renowned Mashreq group operating in the MENA region, brings extensive expertise to the role. […]