U Microfinance Bank (U Bank) and IMARAT Group Forge Strategic Partnership for Tailored Banking Services U Microfinance Bank (U Bank) and IMARAT Group of Companies have announced a strategic collaboration aimed at providing customized branch and branchless banking services to IMARAT Group entities, including Graana and Agency21. The memorandum of understanding (MoU) was signed at…
Headline: PayPeople.pk and InsureKar Forge Groundbreaking Partnership to Revolutionize Insurance Solutions Subheadline: Leaders from both organizations sign landmark contract, promising enhanced security and benefits for clients. Body: In a monumental move set to reshape the landscape of insurance solutions, PayPeople.pk, a leading provider of Cloud HR Software, has announced a strategic partnership with InsureKar, renowned…
Headline:HBL and Naeem Electronics Forge Strategic Alliance to Transform Cash Management Collections Body:In a move set to redefine cash management collections in Pakistan, HBL (Habib Bank Limited) and Naeem Electronics have announced a strategic partnership. This collaboration is geared towards leveraging HBL’s extensive digital channels, including Internet and Mobile Banking, as well as 1-bill API…
Title: Kistpay Emerges Victorious at IsDB Group Annual Meetings 2024 Date: April 29, 2024 – Riyadh, KSA In a resounding triumph, Kistpay, a pioneering force in digital and financial inclusion solutions, has clinched the top honor at the platform Pitch Competition during the esteemed Islamic Development Bank (IsDB) Group Annual Meetings 2024. Representing Pakistan with…
Breaking News: Zindigi Partners with Sindh Government and Mastercard to Revolutionize Transit System in Karachi In a groundbreaking move aimed at transforming urban mobility in Karachi, Zindigi, powered by JS Bank in collaboration with the Sindh Government and Mastercard, has launched Pakistan’s first open-loop transit solution. This innovative initiative redefines travel experiences for citizens and…
HBL Announces Rs. 6 Billion Equity Investment in HBL Microfinance Bank Ltd Habib Bank Ltd (HBL) has recently disclosed its decision to inject up to Rs. 6 billion in equity into its subsidiary, HBL Microfinance Bank Ltd (HBL MfB), as confirmed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. Established in 2002,…
Islamabad, Pakistan – May 2, 2024 In a landmark development aimed at fostering innovation and entrepreneurship in Pakistan, the National Science & Technology Park (NSTP) at the National University of Sciences and Technology (NUST) has forged a strategic collaboration with U Microfinance Bank (U Bank). This partnership aims to leverage NSTP’s flagship programmes, including the…
Soneri Bank Limited (PSX: SNBL) Reports 18.2% YoY Rise in Quarterly Profit Soneri Bank Limited (SNBL) has released its financial statement for the quarter ending March 31, 2024, indicating a notable upturn in profits. The bank disclosed a profit of Rs1.76 billion, reflecting an impressive 18.2% Year-over-Year (YoY) increase compared to the same period last…
Breaking News: Askari Bank Limited (PSX: AKBL) Reports Decline in 1QCY24 Earnings Askari Bank Limited (PSX: AKBL) has announced its financial results for the first quarter of 2024 (1QCY24) today, revealing a notable decrease in profitability compared to the same period last year. The bank’s Profit After Tax (PAT) for 1QCY24 stands at Rs. 3.7…
Title:U Microfinance Bank and Digitt+ Partner to Revolutionize Agricultural Financing in Pakistan Body:In a groundbreaking move, U Microfinance Bank and Digitt+, a leading agri-fintech firm, have joined forces in a monumental PKR 10 billion partnership, reshaping financial dynamics within Pakistan’s agricultural sector. This collaborative endeavor amalgamates Digitt+‘s cutting-edge, in-house payment infrastructure with U Bank’s extensive…
