Introduction: Most people have bank accounts but there are a significant number of people in society that traditional banks have not served well. For years, the products and services built and delivered by banks have been designed to meet the banks’ criteria for profitability, even if it is at the expense of the customer. Earning…
In a groundbreaking collaboration, Iyzil, in partnership with InsurTech Instaful Solutions, introduces a pioneering insurance solution aimed at protecting women against harassment, prioritizing their mental and psychological well-being. This innovative initiative, unprecedented not only in Pakistan but globally, reflects a steadfast commitment to enhancing women’s safety and empowerment. Aligned with the United Nations’ Sustainable Development…
Bank Alfalah, a prominent commercial bank in Pakistan, has inked a Memorandum of Understanding (MoU) with Indus Hospital & Health Network (IHHN) to extend humanitarian support by establishing a Primary Care Health Facility in the flood-stricken District Thatta, at Makli. Under the leadership of His Excellency Sheikh Nahayan bin Mubarak Al Nahayan, Chairman of Bank…
In a noteworthy advancement towards financial digitization in Pakistan, Zindigi, in collaboration with JS Bank, has entered a strategic partnership with Zong the nation’s foremost telecommunications provider. This collaborative venture seeks to offer seamless and innovative digital financial solutions, aligning with the shared vision of both entities to foster financial inclusivity and digital transformation across…
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….
Mashreq Pakistan becomes the inaugural digital bank on 1LINK’s platform, heralding a new era of seamless financial services in Pakistan. In a groundbreaking development for Pakistan’s banking landscape, Mashreq Pakistan proudly announces its strategic collaboration with 1LINK, the nation’s foremost switch and payment services provider. This landmark partnership positions Mashreq as the premier digital banking…
Headline: MCB Bank and Euronet Pakistan Forge Strategic Partnership to Enhance Digital Banking Experience Subheadline: Collaboration Promises Superior Technological Solutions and Customer-Centric Innovation Body: In a significant move aimed at advancing digital banking solutions in Pakistan, MCB Bank has entered into a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for its…
JazzCash Launches “Islamic Savings”: A Pioneering Fintech Initiative in Pakistan New Product Empowers Customers to Invest in Future with Confidence, Aligned with Islamic Ethos In another pioneering move within Pakistan’s fintech landscape, JazzCash has unveiled “Islamic Savings,” a groundbreaking product designed to empower customers to invest in their future while adhering to Islamic principles. The…
Headline: Bank of Punjab and Karandaaz Pakistan Forge Strategic Alliance to Transform Pakistan’s Agriculture Sector Subheadline: Landmark Agreement Signed to Propel Digital Financing for Agriculture, Promising Financial Inclusion and Innovation Body: In a groundbreaking move aimed at revolutionizing Pakistan’s agriculture sector, The Bank of Punjab (BOP) and Karandaaz Pakistan have joined forces in a strategic…
In a significant development for Pakistan’s financial sector, Mr. Farrukh Sabzwari has been elected as the Chairman of the Central Depository Company of Pakistan Limited (CDC). With over 25 years of distinguished experience in investment banking, both domestically and internationally, Mr. Sabzwari brings a wealth of expertise to his new role. Prior to his appointment…
