May 15, 2024
Headlines

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HBL Forges Strategic Alliance with Shaukat Khanum Hospital to Enhance Their Financial Operations – Fintech News Pakistan

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Lead:In a significant development, Habib Bank Limited (HBL) has inked a strategic partnership with Shaukat Khanum Hospital aimed at optimizing cash management and payroll processes. This collaboration underscores HBL’s unwavering commitment to pioneering solutions and fortifying critical healthcare infrastructure. Body:HBL, a leading financial institution renowned for its innovative approach, has entered into a strategic alliance…

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The Bank of Punjab Posts Rs. 3.51 Billion Profit in 3 Months (Q1-2024) – Fintech News Pakistan

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BANK OF PUNJAB’S FIRST QUARTER PERFORMANCE UNDERSCORES REMARKABLE GROWTH Lahore, April 26, 2024 – The Board of Directors of The Bank of Punjab convened on Friday to deliberate on the un-audited Financial Statements for the 1st quarter ending March 31, 2024. The session saw a thorough review of the Bank’s performance against its strategic business…

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Pakistan Considers Digital Currency Adoption, Says Aurangzeb at World Economic Forum – Fintech News Pakistan

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Pakistan Considers Introducing Digital Currency, Finance Minister Reveals at World Economic Forum During a session at the World Economic Forum (WEF), Finance Minister Muhammad Aurangzeb disclosed Pakistan’s contemplation of implementing digital currency within its borders. Aurangzeb highlighted the nation’s tentative steps toward potentially adopting digital currency, underscoring its significance on the global economic stage. Furthermore,…

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JS Bank Limited Posts Rs. 4.2 Billion Profit in 3 Months (Q1-2024) – Fintech News Pakistan

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According to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, JSBL reported a consolidated profit of Rs4.2 billion during the three months ended March 31, 2024, soaring from Rs883.27 million in the first quarter of the previous year. The surge in profit is attributed to a substantial rise in both interest and…

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Reliance Distribution Join Hands with JazzCash to Digitize Supply Chain Operations – Fintech News Pakistan

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Headline:“JazzCash Partners with Reliance Distribution to Revolutionize Supply Chain Operations” Body:In a groundbreaking collaboration poised to reshape supply chain dynamics, JazzCash has joined forces with Reliance Distribution; a Pepsi‘s distributor to introduce cutting-edge digital solutions. Unveiling the M2D (Merchant to Distributor) platform, this partnership marks a significant milestone in the journey towards a fully digitized…

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Zindigi, MyTM & CASHIN to digitize pilgrimage experience for Pakistani citizens in Hajj Convenience – Fintech News Pakistan

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In a groundbreaking move, Zindigi, in partnership with JS Bank & MyTM, and in collaboration with Cashin (KSA), has launched an innovative payment system tailored specifically for Pakistani pilgrims, aligning with Saudi Arabia’s Vision 2030. Unveiled at the LEAP conference this year, this initiative introduces a cashless Hajj and Umrah experience, significantly enhancing convenience by…

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Agrilift and HBL Forge Partnership to Enhance Financial Inclusion for Farmers – Fintech News Pakistan

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Headline:Agrilift and HBL Forge Partnership to Enhance Financial Inclusion for Farmers Body:In a groundbreaking announcement made at the Pakistan Agricultural Coalition conference held in Lahore, Agrilift and HBL (Habib Bank Limited) have formally declared a strategic partnership aimed at bolstering financial inclusion within the farming community. The collaboration centers around the introduction of Agrilift Smart…

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Faysal Bank Limited Posts Rs. 6.5 Billion Profit in 3 Months (Q1-2024) – Fintech News Pakistan

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Faysal Bank Limited (FBL) Records Remarkable 103% Profit Surge in Q1 2024 Faysal Bank Limited (FBL) has announced an exceptional financial performance for the first quarter of 2024, showcasing a staggering 103% growth in profits. The bank’s profits soared to Rs 6.5 billion in comparison to the previous year’s Rs. 3.2 billion for the same…

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Bank Alfalah and Blinq Forge Strategic Partnership to Revolutionize Business Financial Solutions – Fintech News Pakistan

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Blinq and Bank Alfalah Forge Strategic Partnership to Revolutionize Business Financial Solutions In a groundbreaking move set to redefine the landscape of financial solutions for businesses, Blinq, the foremost B2B fintech innovator, has announced a strategic partnership with Bank Alfalah, a stalwart in the banking and finance sector. This partnership marks a significant leap forward…

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EduFi Gets NBFC License, Set to Revolutionize Education Finance in Pakistan – Fintech News Pakistan

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EduFi Financial Services Receives NBFC License, Set to Revolutionize Education Finance in Pakistan In a significant development, EduFi Financial Services Private Limited has obtained its Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), marking a pivotal moment for the company and the education finance sector in Pakistan. This milestone…

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