Islamabad, Pakistan – In a landmark move poised to reshape the country’s technology landscape, sAi Venture Capital has announced a strategic partnership with the Pakistan IT Industry Association (P@SHA) to accelerate Pakistan’s emergence as a global hub for advanced technology and engineering services. Under this collaboration, sAi Venture Capital has committed to raise and deploy […]
KARACHI: Bank Alfalah has launched the country’s first, human resources hiring and remote working app called Worklee. The application is designed to create diversified, inclusive and accessible employment opportunities for all segments of society. The initiative is particularly aimed at women who want to work remotely, Persons with Disabilities (PwDs), and freelancers, removing barriers to […]
KARACHI: Standard Chartered Pakistan has been awarded a comprehensive USD 130 million banking mandate by Siemens Energy approved in January 2025. The mandate covers variety of banking products that further solidify Standard Chartered’s position as a trusted banking partner for global corporations operating in Pakistan. The partnership is a testament to the bank’s strong network, […]
KARACHI, May 6, 2025 – easypaisa Digital Bank has posted a profit before tax of PKR 840 million for the quarter ended March 31, 2025, compared to PKR 1,028 million in the same period last year. The financial results were approved by the Board of Directors during a meeting held on April 23, 2025. Despite […]
Islamabad, May 2: Karandaaz Pakistan, a leading impact investment platform committed to promoting sustainable economic growth and financial inclusion in Pakistan, has announced a strategic partnership with Vizpro – a technology-driven fintech platform that is transforming the “Middle Mile” of Pakistan’s FMCG retail ecosystem. This collaboration is set to address long-standing inefficiencies in the country’s […]
In a major policy shift, the State Bank of Pakistan (SBP) announced a 100 basis points cut in the benchmark interest rate, bringing it down to 11 percent. The decision was unveiled on Monday following a meeting of the central bank’s Monetary Policy Committee (MPC). This marks the first rate cut since March 10, when […]
KARACHI, Pakistan – In a significant move to bolster Pakistan’s digital payments landscape, the State Bank of Pakistan (SBP) has announced plans to establish a dedicated entity to oversee and drive the expansion of Raast, the country’s national instant payment system. The new entity will operate as a wholly owned subsidiary of the SBP and […]
In a landmark move set to redefine customer trust and digital banking security in Pakistan, Askari Bank has launched Pakistan’s first In-App Banking Call feature through the Askari Mobile App. This pioneering service enables customers to receive secure, authenticated calls directly from within the bank’s mobile application, effectively eliminating the threat of fraudulent phone scams. […]
Lahore – MCB Islamic Bank hosted its Annual Awards 2024 in Lahore, celebrating the remarkable achievements, dedication, and contributions of its top-performing team members from across Pakistan. The prestigious event was graced by Raza Mansha, Chairman of the Board of Directors, who attended as the Chief Guest. In his address, Mansha commended the bank’s continued […]
Karachi, May 2, 2025 — Dubai Islamic Bank Pakistan Limited (DIBPL) has announced the appointment of Mr. Muhammad Ali Gulfaraz as its new Chief Executive Officer, effective today, May 2, 2025. With a distinguished career spanning over 25 years, Gulfaraz brings a wealth of international and domestic banking experience to his new role. His expertise […]