Partnerships spanning AI, cloud solutions, healthcare, SME enablement and digital payments aim to accelerate Pakistan’s digital transformation Hangzhou, China, 24 May 2026 – The Government of Pakistan and Alibaba have signed a series of Memoranda of Understanding (MoUs) covering artificial intelligence (AI), cloud solutions, digital skills, healthcare technology, e-commerce, SME development, and digital financial services, […]
Empowering Exporters with The Agentic Business Team for SMEs Lahore/Sialkot, May 22, 2026 – Alibaba.com, a leading global B2B e-commerce platform, today announced the launch of Accio Work in Pakistan, positioned as the Agentic Business Team for SMEs. This launch marks a significant shift in digital trade, providing small and medium-sized exporters with an autonomous, […]
HBL has announced that it acted as Financial Advisor in connection with the successful issuance of the inaugural Panda Bond of the Government of Pakistan, marking the country’s debut in China’s domestic bond market. The inaugural Panda Bond, structured as a Sustainable Development Bond, is aimed at financing National Priority Projects with significant economic, social, […]
BankIslami, one of Pakistan’s fastest growing Islamic financial institutions, has signed a Memorandum of Understanding with the Export-Import Bank of Pakistan (EXIM Bank), marking Pakistan’s first Shariah-compliant trade and export finance partnership of its kind. The collaboration aims to strengthen the country’s trade finance framework and expand access to Riba-free financial solutions across Pakistan. The […]
ISLAMABAD: JazzCash has crossed 60 million registered customers, processing Rs 16.8 trillion (approximately USD 59.7 billion) in Gross Transaction Value in the 12 months ending March 31, 2026, up 56 percent year-on-year, as demand for digital payments, lending, and disbursement services continued to accelerate. The rapid expansion in transaction value was driven by a 47.3 […]
Islamabad, May 14, 2026: Pakistan’s leading digital microfinance Bank, Mobilink Bank, has launched the “Bibi App,” a breast cancer awareness mobile application designed to support Pakistani women through accessible and localized health information. The application has been developed by Aangan, a startup focused on women’s reproductive health and an incubatee of Mobilink Bank’s Women Inspirational […]
National Bank of Pakistan (NBP) has received approval for the commercial launch of Raast Person-to-Merchant (P2M) Acquiring, marking a major milestone in the Bank’s digital payments journey and Pakistan’s broader transition towards a cashless economy. On this occasion, a meeting was held with representatives from NBP’s Digital Banking Group and the State Bank of Pakistan’s […]
Islamaba May 8, 2026 – easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax (PAT) of PKR 1.49 billion and earnings per share (EPS) of Rs. 2.47, while profit before tax (PBT) reached […]
Pakistan’s digital payments ecosystem witnessed significant growth in 2025, with transactions processed through the State Bank of Pakistan’s instant payment system, RAAST, reaching nearly Rs. 50 trillion, according to the central bank’s latest Financial Stability Review. The report revealed that RAAST’s user base expanded to 48 million individuals, reflecting widespread adoption of instant digital payments […]
Islamabad: Speaking at a panel discussion titled “How Digital Banks Can Thrive in the New Era?” at Money20/20 Asia in Bangkok, alongside digital banking executives and industry leaders, Farhan Hassan, Chief Digital Officer at easypaisa digital bank, said Pakistan’s digital banking transformation has been driven by a series of regulatory, technological, and market-led interventions rather […]