In a landmark move to enhance digital financial services across Pakistan, easypaisa is offering easycash, a digital service providing users with instant, hassle-free access to loans. This innovative offering allows easypaisa customers to obtain loans of up to PKR 15,000 without any documentation, and repay them with flexible terms, free from hidden charges. Seamless Loan […]
Lahore – In a significant move to enhance Shariah-compliant financial services in rural areas, Meezan Bank has signed an agreement with Rural Community Development Programmes (RCDP). The agreement will see Meezan Bank’s Shariah Advisory Unit providing extensive Shariah technical services and support to RCDP. The agreement entails several key services, including: The signing ceremony took […]
PMIC and Daraz Forge Partnership to Empower Rural Women in Pakistan In a landmark collaboration, the CEOs of Pakistan Microfinance Investment Company (PMIC) and Daraz have officially joined forces under the PMIC’s “Informal to International” initiative. This partnership, endorsed by the Male Champions of Change forum, represents a united effort to drive innovation, bridge barriers, […]
U Microfinance Bank (U Bank) and IMARAT Group Forge Strategic Partnership for Tailored Banking Services U Microfinance Bank (U Bank) and IMARAT Group of Companies have announced a strategic collaboration aimed at providing customized branch and branchless banking services to IMARAT Group entities, including Graana and Agency21. The memorandum of understanding (MoU) was signed at […]
Mobilink Microfinance Bank, Pakistan’s leading digital microfinance institution, has announced a remarkable 97% increase in revenue during the first quarter of 2024 compared to the same period last year, setting the stage for a powerful start to the year. The bank’s Profit before Tax (PBT) also experienced significant growth, soaring by 110%. This robust financial […]
NEWS FLASH: Agahe Pakistan Surpasses 2-Billion Gross Loan Portfolio. In a groundbreaking achievement, Agahe Pakistan proudly announces the attainment of a 2-Billion Gross Loan Portfolio milestone as of March 2024. This remarkable feat underscores the institution’s unwavering dedication to fostering financial inclusion among low-income individuals, particularly women and youth, through the provision of microfinance facilities. […]
In a move set to redefine the landscape of gender empowerment, Bedari and Care Financial Services (CFS) Pvt. Ltd. have sealed a groundbreaking partnership through a formal Memorandum of Understanding (MoU). Their collective pledge is aimed at propelling economic empowerment and augmenting the capabilities of women and girls, irrespective of disability status. The alliance between […]
In a recent board meeting, the management team of PMIC received commendations from the Board for their exceptional financial performance despite the prevailing challenging macroeconomic conditions. The company’s resilience in navigating through the economic turmoil highlights its commitment to sustaining financial inclusion and fostering responsible lending practices for sustainable economic growth. PMIC, operating through a […]