Karachi, April 14, 2025 — The Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a symbolic Gong Ceremony at the PSX Trading Hall, marking the beginning of a nationwide campaign to promote financial literacy and inclusion. Organized in collaboration with the State Bank of Pakistan (SBP), Securities and Exchange […]
KARACHI – April 14, 2025: Pakistan received a record-high $4.1 billion in workers’ remittances during March 2025, according to State Bank of Pakistan (SBP) Governor Jameel Ahmad. The figure marks the highest-ever monthly inflow in the country’s history. Speaking at the Pakistan Stock Exchange (PSX) on Monday to kick off Financial Literacy Week, Governor Ahmad […]
KARACHI: Lucky Investments Limited has made history by executing the largest-ever mutual fund launch witnessed in Pakistan. The newly established asset management company has raised Rs50 billion during the Initial Public Offering (IPO) of its Lucky Islamic Money Market Fund, shattering all previous subscription records. This landmark achievement marks an extraordinary milestone in the country’s […]
Doha, Qatar: Mastercard has revealed its intent to set up a physical presence for its global Mastercard Academy in Doha with the aim of enhancing skill sets across the financial industry for regional and global players. The first of its kind Hub will create a learning and innovation ecosystem powered by Mastercard and business schools from […]
KARACHI: JS Bank has strengthened its partnership with Al Ansari Exchange, a leading exchange company in the UAE, to enhance cross-border remittance services. As the largest remittance processing partner for Al Ansari Exchange in the Pakistan corridor, JS Bank continues to offer seamless and efficient remittance solutions to millions of beneficiaries. Through this collaboration, Overseas […]
Karachi, Pakistan, 24th March 2025 – Paysys Labs Pvt Ltd, a leading provider of payment technology solutions, and Allied Bank Limited, a renowned financial institution committed to delivering innovative banking services, have announced a strategic partnership to enable RAAST MSP/P2M services. This collaboration aims to transform digital payments by providing secure, efficient, and seamless transactions for merchants and […]
Islamabad – In a landmark recognition of his contributions to Pakistan’s digital and financial landscape, Aamir Hafeez Ibrahim, CEO of Jazz and Chairman of Mobilink Bank, has been conferred with the Hilal-e-Imtiaz, one of the nation’s highest civilian honors, by the President of Pakistan. The award acknowledges Aamir’s visionary leadership in advancing digital inclusion, financial […]
Islamabad, Pakistan – In a historic milestone for Pakistan’s sustainability-driven financial sector, Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched the country’s first PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative. The bond, valued at Rs. 1 billion, is also the first Green Bond to be listed on the […]
Karachi, 20th March, 2025: Meezan Bank, Pakistan’s leading Islamic bank and NED University of Engineering and Technology have signed a landmark Memorandum of Understanding (MoU) to establish the Centre for Islamic Finance and FinTech (CIFFT) at NED University. The MoU was signed by Syed Amir Ali, Deputy CEO – Meezan Bank and Dr. Sarosh Hashmat Lodi, […]
Jazz is at the forefront of Pakistan’s digital transformation, accelerating its shift to a digital-first ServiceCo while fueling financial inclusion and digital adoption at scale. With a record PKR 53.9 billion investment in 2024—a 46.2% year-on-year (YoY) increase—Jazz is redefining how Pakistanis connect, transact, and engage in an increasingly digital economy. In 4Q24, Jazz recorded […]