April 28, 2024
Headlines

Banking

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

admin02 mins

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…

Read More

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

admin03 mins

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…

Read More

JS Bank Collaborates with Inspiring Women to Empower Female Entrepreneurs – Fintech News Pakistan

admin03 mins

JS Bank Collaborates with Inspiring Women PK to Empower Female Entrepreneurs JS Bank is delighted to announce its partnership with Inspiring Women to provide training in financial management, budgeting, and saving for girls and women. This collaboration is a pivotal aspect of JS Bank’s Her Entrepreneurial Community initiative, aimed at empowering female entrepreneurs with the…

Read More

MCB Bank Limited Posts Rs. 16.6 Billion Profit in 3 Months – Fintech News Pakistan

admin04 mins

MCB Bank Limited Declares Impressive First Quarter Results In a recent board meeting chaired by Mian Mohammad Mansha, MCB Bank Limited (MCB) reviewed its performance for the first quarter ending March 31, 2024, and approved condensed interim financial statements. The board declared a first interim cash dividend of Rs. 9.0 per share, reflecting a robust…

Read More

Bank Alfalah Limited Posts Rs. 9.912 Billion Profit in 3 Months – Fintech News Pakistan

admin03 mins

Bank Alfalah Limited Reports Strong Financial Performance for Quarter Ended March 31, 2024 In a recent meeting held on April 24, 2024, the Board of Directors of Bank Alfalah Limited (BAFL) approved the bank’s financial results for the quarter ended March 31, 2024, showcasing robust growth and strategic resilience in challenging market conditions. The bank…

Read More

Allied Bank Limited Posts Rs. 11.6 Billion Profit in 3 Months – Fintech News Pakistan

admin04 mins

Allied Bank Limited Reports 1QCY24 Earnings: Profit Up 51% YoY, Down 5% QoQ Allied Bank Limited (PSX: ABL) unveiled its financial results for the first quarter of the calendar year 2024 (1QCY24) today, showcasing a robust performance with a Profit After Tax (PAT) of Rs. 11.6 billion. This figure represents a noteworthy increase of 51…

Read More

U Microfinance Bank and Golootlo Forge Strategic Alliance to Offer Exclusive Discounts to UnionPay Debit Cardholders – Fintech News Pakistan

admin03 mins

Title: U Microfinance Bank and Golootlo Forge Strategic Alliance to Offer Exclusive Discounts to UnionPay Debit Cardholders U Microfinance Bank and Golootlo have entered into a significant partnership agreement aimed at providing exclusive discounts to U Microfinance Bank’s UnionPay debit cardholders. The agreement, signed on April 22, 2024, marks a pivotal step in enhancing customer…

Read More

HBL Posts Rs. 15 Billion Profit (After Tax) in 3 Months – Fintech News Pakistan

admin05 mins

Headline: HBL Reports Robust Growth in Q1’24, Declares Rs. 4 Cash Dividend per Share Subhead: Consolidated Profit Before Tax Surges 40%, Earnings Per Share Reach Rs. 10.37 Body: In an announcement today, Habib Bank Limited (HBL) disclosed its impressive financial performance for the first quarter ended March 31, 2024. The bank’s consolidated profit before tax…

Read More

United Bank Limited (UBL) Partners with Euronet Pakistan for Cards Processing & Acquiring – Fintech News Pakistan

admin04 mins

Title: Euronet Pakistan Chosen by United Bank Limited (UBL) for Credit Card Processing and POS Driving Summary: Euronet Pakistan, a division of Euronet Worldwide (NASDAQ: EEFT), has secured a pivotal partnership with United Bank Limited (UBL) for credit card processing and POS driving services. Under this collaboration, UBL’s credit cards and POS terminals will migrate…

Read More

Meezan Bank Posts Rs. 25 Billion Profit in 3 Months – Fintech News Pakistan

admin04 mins

Title: Meezan Bank Reports Impressive 65% Year-on-Year Profit Growth in 1Q2024, Declares Cash Dividend Body: Meezan Bank Limited (PSX: MEBL) has disclosed a robust financial performance for the quarter ending March 31st, 2024 (1Q2024), with a profit after tax (PAT) reaching Rs. 25 billion, marking a substantial 65 percent increase year-on-year (YoY). According to Arif…

Read More