We’re excited to share that Mehvish Muneera has taken the helm as Head of Legal & Designated Company Secretary – Executive Vice President- at HabibMetro. Recipient of Pakistan’s 1st Women in Law Awards 2020-2021 for the category of “In-house Legal Counsel”, she is a seasoned professional with over a decade of diversified legal experience. With […]
HBL wins Best Conventional Bank of the Year Excellence Award
Islamabad, 8 October 2024 – HBL, Pakistan’s first commercial bank, has been honored with the prestigious accolade of ‘Best Conventional Bank of the Year’ at the 12th FPCCI Excellence Awards. The award was presented by the President of Pakistan, Mr. Asif Ali Zardari, to Muhammad Nassir Salim, President & CEO of HBL, during a ceremony […]
Stripe to deepen Partnership with NVIDIA for AI advances
San Francisco, October 9, 2024 — Stripe, a leading financial infrastructure platform, today announced an expanded partnership with NVIDIA, aimed at advancing AI technology to benefit Stripe’s customers and improve fraud detection. The collaboration will also broaden global access to NVIDIA’s cutting-edge GPUs and AI software, allowing developers and enterprises to prepay for selected NVIDIA cloud services through […]
State Bank of Pakistan (SBP) Increases Regulatory Retail Portfolio Limit to Rs. 300 Million
In a significant move aimed at enhancing credit access, the State Bank of Pakistan (SBP) has raised the regulatory retail portfolio limit from Rs. 180 million to Rs. 300 million. This change, effective immediately, comes as part of the SBP’s broader efforts to support financial sector stability and growth. The enhancement is part of the […]
SBP Increases SME Financing Limits Up to Rs. 500 Million
The State Bank of Pakistan (SBP) has significantly enhanced the financing limits for Small and Medium Enterprises (SMEs), enabling them to avail loans of up to Rs. 500 million. This initiative is part of the central bank’s ongoing efforts to bolster the SME sector, which plays a vital role in Pakistan’s economic growth. According to […]
UBL Partners with Systems Limited to Launch Temenos Digital Frontend (DFE) Platform for Banking Excellence
Karachi – United Bank Limited (UBL) has taken a major step forward in its digital transformation journey through a strategic partnership with Systems Limited and Temenos, successfully launching the state-of-the-art Temenos Digital Frontend (DFE) platform. This landmark collaboration, aimed at enhancing UBL’s digital capabilities, is set to revolutionize customer experiences across its digital banking services. […]
Pervaaz digital campaign educates Pakistani youth on safer migrations practices
Islamabad, 26 September 2024: The digital media campaign to educate youth against irregular migration practices, Pervaaz, has received accolades from the European Union and the European Research Institute (ERI) for its remarkable successes achieved in Pakistan. Under the SAFER project and co-funded by the European Union, the digital campaign is implemented through its local partner, […]
Farmdar Secures Pre-Series A Funding Led by Silicon Valley’s Moment Ventures
Palo Alto, California – October 4, 2024Farmdar, an agritech startup leveraging AI and space technologies to optimize agricultural productivity, has successfully raised a pre-Series A funding round led by Silicon Valley-based venture capital firm, Moment Ventures. The round also saw participation from existing investor Indus Valley Capital. This marks the first Silicon Valley-led investment in […]
Bank of Punjab and AFD Partners to Strengthen Pakistan’s Climate Resilience with $54 Million Green Financing Initiatives
In a pivotal move to address Pakistan’s growing structural challenges—ranging from climate hazards to energy shortages—the Bank of Punjab (BoP) and Agence Française de Développement (AFD) have announced a transformative partnership. This initiative is set to bolster Pakistan’s climate finance strategy and support its commitment to reducing emissions by 50% by 2030. Ranked as the […]
Daraz Partners with Haier Pakistan for Biggest Online Sales Season of the Year
Karachi – Daraz, Pakistan’s leading e-commerce platform, has announced an exciting partnership with Haier Pakistan for the upcoming ONDJ sales season. As the biggest online shopping event of the year, this collaboration promises customers unbeatable prices and exclusive deals across a wide range of product categories. With this partnership, Haier Pakistan reinforces its position as […]