KARACHI, – Visa, the global payments leader, has announced plans to significantly expand the number of businesses accepting digital payments in Pakistan over the next three years, with the aim of increasing this figure tenfold. Leila Serhan, Visa’s General Manager for Pakistan, North Africa, and Levant, shared this ambitious goal in an interview with Reuters. […]
The profitability of Pakistan’s banking sector decelerated significantly in the first half of 2024, with after-tax profit growing by just 1.1% to Rs. 287 billion, according to the State Bank of Pakistan’s (SBP) Mid-Year Performance Review of the Banking Sector. This slowdown was driven by reduced growth in advances and declining returns on earning assets […]
Lahore, Pakistan, September 2024 – Noman Azhar, Chief Officer of Zindigi, powered by JS Bank, has been honored with the prestigious title of “Digital Leader of the Year” at the 2024 Pakistan Digital Awards. This accolade recognizes his pivotal role in transforming Pakistan’s digital banking and fintech sectors, as well as his efforts in revolutionizing […]
KARACHI, September 16, 2024: Advans Pakistan Microfinance Bank Limited has officially re-branded as Halan Microfinance Bank Limited, effective from September 16, 2024. The announcement was made by the State Bank of Pakistan (SBP) in a press statement issued on Monday. The SBP informed customers of the name change and reassured that the bank continues to […]
Karachi: HBL has been awarded the coveted ‘Best Board of the Year’ by the Pakistan Institute of Corporate Governance (PICG), in recognition of its exemplary leadership, strong governance, and strategic oversight. The award highlights HBL’s continued commitment to excellence in corporate governance and responsible business practices. The accolade was presented to Aamir Irshad, Acting President […]
Islamabad – September 2024: In a strategic move aimed at boosting financial digitization, JazzCash has announced a partnership with United Bank Limited (UBL) to streamline the process for its agents across Pakistan to deposit funds into their JazzCash retailer accounts. This collaboration provides JazzCash agents with a seamless, secure, and efficient way to manage their […]
The Bank of Khyber (BoK) is pleased to announce a strategic partnership with ABL Funds for the distribution of ABL Asset Management Mutual Fund Units through BoK’s extensive branch network. This collaboration aims to expand investment opportunities for customers, providing them with easy access to a diverse range of mutual funds, including voluntary pension schemes […]
Karachi, Pakistan – September 12, 2024 – Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has announced the renewal of its strategic partnership with Mastercard, further expanding the reach and impact of the Faysal Islami Noor Card. This renewal marks a significant step in enhancing Pakistan’s Shariah-compliant digital payments landscape. The Faysal Islami […]
KARACHI – easypaisa, Pakistan’s leading digital financial services platform, in collaboration with Dukan, has unveiled its groundbreaking ‘easypaisa Karobar’ ecosystem at prominent events held in Karachi and Lahore. This innovative platform is designed to address the operational and banking challenges faced by over two million retail merchants across the country, offering a comprehensive solution to […]
Islamabad, Pakistan – Mobilink Bank, Pakistan’s leading digital microfinance institution, has announced a strategic partnership with Mercurial Minds (M.M.), a top provider of intelligent automation solutions. This collaboration marks a pivotal step in Mobilink Bank’s ongoing digital transformation efforts, aimed at enhancing operational efficiency, improving customer experience, and solidifying its leadership in the microfinance sector. […]