JS Bank has announced a groundbreaking partnership with the State Life Insurance Corporation of Pakistan (SLIC) to streamline premium payments for policyholders. This collaboration aims to enhance convenience and accessibility by introducing a range of digital and physical payment options. The Go-Live ceremony to mark this significant milestone was attended by senior leadership from both […]
Karachi, Pakistan – In a significant step toward advancing digital transformation and financial inclusion, Pakistan Stock Exchange (PSX) has expanded its partnership with 1LINK by adopting the Book Building feature under the 1BILL platform. The collaboration was formalized at a signing ceremony attended by senior executives, including Mr. Farrukh Sabzwari, Managing Director of PSX, and […]
KARACHI: Global mobility platform inDrive has announced the appointment of Muhammad Awais Saeed as its new Country Lead for Pakistan, signaling a key milestone in the company’s strategic growth within the region. In his new capacity, Saeed will oversee inDrive’s business operations across Pakistan, focusing on strengthening the company’s presence through effective management of local […]
Dubai, UAE: Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has been appointed to the Group Executive Committee (GEC) of VEON, in addition to his current responsibilities of leading VEON’s businesses in Pakistan. This strategic move aims to strengthen VEON’s alignment with its markets and bolster its ambitious digital services-driven growth plans. […]
The State Bank of Pakistan (SBP) has granted approval for Muhammad Nauman Chughtai to assume the role of President and Chief Executive Officer (CEO) of MCB Bank, following the successful completion of his Fit and Proper Test (FPT). In an official notification to the Pakistan Stock Exchange (PSX) on Wednesday, MCB Bank confirmed the development, […]
KARACHI, PAKISTAN Dun & Bradstreet Pakistan (D&B) has partnered with Pakistan State Oil Company Limited (PSO), the country’s leading energy company, to enhance its supplier risk management capabilities. Through this collaboration, PSO will leverage D&B’s expertise to make informed, data-driven decisions on its suppliers. The D&B Risk Analytics will empower PSO to gain unparalleled visibility […]
KARACHI: JazzCash, Pakistan’s leading fintech platform, has unveiled its three-year roadmap to accelerate the country’s journey towards a cashless society, a statement said on Wednesday. The roadmap was presented by President of JazzCash Murtaza Ali and his team to, Group CEO of VEON and Chairman of Jazz Board Kaan Terzioglu and CEO of Jazz and […]
Islamabad, January 16, 2025 – Finance Minister Senator Muhammad Aurangzeb chaired a high-level meeting with the leadership of the Pakistan Microfinance Investment Company (PMIC) today to address challenges and explore opportunities in the microfinance sector, a key driver of financial inclusion in Pakistan. Established in 2016 under the National Financial Inclusion Strategy (NFIS), PMIC operates as […]
January 15, 2025 United Bank Limited (PSX: UBL) has announced the successful conversion of all its branches in Khyber Pakhtunkhwa (KP) and Balochistan to Islamic banking, aligning with Pakistan’s recent legislative shift toward a fully Shariah-compliant financial system. This move follows the passage of a law in December 2024 by the National Assembly mandating the […]
Karachi, Pakistan – Mobilink Microfinance Bank (MMBL) has announced the appointment of Haaris Mahmood Chaudhary as its new Chief Executive Officer. With a distinguished career spanning over two decades, Haaris brings a wealth of experience in banking, digital innovation, and financial inclusion. Haaris joins MMBL after serving as the Chief Operating Officer (COO) and Interim […]