KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]
KARACHI, September 25, 2024 – Faysal Bank Limited (FBL) has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, under IFC’s Global Trade Finance Program (GTFP). This collaboration marks a significant step forward in enhancing FBL’s trade finance capabilities, as both institutions explore the establishment of a […]
In a significant boost to Pakistan’s startup ecosystem, the International Finance Corporation (IFC) has announced a $3 million investment in i2i Ventures, the country’s first female-led venture capital fund. This investment, part of IFC’s Startup Catalyst Program, aims to address the critical funding gap faced by early-stage startups, particularly those led by women, amidst regional […]
HBL has achieved a historic milestone by becoming the first Pakistani bank to be honored with the prestigious title of “Best Trade Partner Bank – Middle East” by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition underscores HBL’s significant contributions to regional trade and business growth in the Middle […]