KARACHI: United Bank Limited (UBL) has successfully completed the amalgamation of Silkbank Limited (SBL) with and into UBL, effective from March 11, 2025. This milestone marks a significant step in UBL’s journey as one of Pakistan’s leading financial institutions. The merger has been formally approved by the State Bank of Pakistan (SBP) through a Sanction […]
Karachi, Pakistan – Pakistan’s digital payments ecosystem is set to witness a major milestone with the official launch of Google Pay on the night of March 12th. Informed sources have revealed that Google executives will be arriving in Karachi to mark the occasion. The launch will introduce Google Wallet to Pakistan, with banks and fintech […]
Islamabad, March 11, 2025 – Pakistan Telecommunication Company Limited (PTCL) has announced the appointment of Zarrar Hasham Khan as its new chairman, replacing Azfar Manzoor. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We have to inform you that Zarrar Hasham Khan has been appointed as chairman […]
The Partnership Between inDrive and PSO DIGICASH Offers Exclusive discounts and Cashback for inDrive Drivers, Streamlining Fuel Management and Supporting Financial Efficiency. KARACHI, 11th March, 2025 – inDrive, the No.1 ride hailing app in Pakistan, is pleased to announce a new strategic partnership with PSO DIGICASH, a leading fuel management solution from Pakistan State Oil (PSO). This collaboration […]
Revolutionizing Pakistan’s Real Estate with Blockchain Technology In a groundbreaking move for Pakistan’s real estate sector, Naeem Khanani, CEO of DigiEstate Private Limited, is spearheading the introduction of Real Estate Security Tokens (REST) on blockchain-based technology. This pioneering initiative is being conducted under sandbox testing with key regulatory bodies, including the Securities and Exchange Commission […]
March 11, 2025 – Karachi: The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank Limited (UBL), as disclosed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. In a formal announcement dated March 11, 2025, UBL informed the PSX that the SBP issued […]
Funding from the facility will be directed towards the agriculture sector, which contributes 24 per cent to Pakistan’s GDP and employs 37 per cent of its workforce. The facility will mainly support smallholder farmers, including those in dairy and poultry farming, who often lack access to finance. Farmers vulnerable to climate change impacts, will receive […]
KARACHI: BankIslami has inaugurated its first fully women-managed branch in Karachi, marking a significant step toward gender inclusivity in Pakistan’s financial sector. The branch, operated entirely by female employees, is designed to empower women both as professionals and customers. The initiative aligns with BankIslami’s vision of “Saving Humanity from Riba,” reinforcing its commitment to ethical […]
Digitt+, a leading Electronic Money Institute, has partnered with Barq Pk to embed financial payments into their app via open APIs. Under this collaboration, Barq Fintech Pvt Limited (formerly MYTM Pvt Ltd Pakistan) will leverage Digitt+’s open API-driven infrastructure to offer seamless financial transactions to Barq’s users in Pakistan. The agreement was signed in Riyadh, […]
Digitt+, a leading fintech company, has partnered with UBL, one of Pakistan’s largest banks, to enable seamless digital disbursements exceeding 1 billion rupees to the agricultural sector. This is facilitated through Digitt+’s innovative Crop Procurement Receipt (CPR) financing solution, empowering farmers with seamless access to funding. This collaboration marks a pivotal moment in improving initially […]