April 28, 2024
Headlines

Zaraee Partners with Bank Alfalah to Boost Agricultural Financing – Fintech News Pakistan

admin02 mins

Headline: Zaraee Partners with Bank Alfalah to Boost Agricultural Financing Body: In a significant stride towards bolstering agricultural financing, Zaraee has announced a strategic collaboration with Bank Alfalah. The partnership aims to revolutionize access to loan facilities for farmers and agribusinesses through Zaraee‘s online platform, www.zaraee.pk. The Memorandum of Understanding (MOU) signing between Zaraee and…

Read More

Bank Alfalah Emerges as Primary Service Provider, Enriching Lives of Over 47% of BISP Beneficiaries – Fintech News Pakistan

admin02 mins

In a groundbreaking move towards social empowerment, Bank Alfalah, one of Pakistan’s leading commercial banks, has announced the expansion of its collaboration with the Benazir Income Support Programme (BISP). This initiative is set to facilitate digital social cash transfers for 4.4 million women beneficiaries across Pakistan over the next three years. Driven by a steadfast…

Read More

Majority of Fintech Sectors Experiencing Growth Due to Robust Consumer Demand – Fintech News Pakistan

admin013 mins

Overall customer growth: The fintech industry has continued its upward trajectory post-COVID-19, maintaining the growth momentum seen both before and during the pandemic. This growth is evidenced by the increasing number of customers, serving as a reliable indicator of two key trends: enhanced access to digital financial services and heightened consumer interest in fintech offerings….

Read More

Zarai Taraqiati Bank Limited ((ZTBL) Proudly Launches its Digital App – Fintech News Pakistan

admin02 mins

In a groundbreaking development, Zarai Taraqiati Bank Limited (ZTBL) has unveiled its latest innovation, the DigitalApp, catering to the needs of its esteemed clientele. This cutting-edge application promises enhanced convenience, speed, and security for its valued customers. With the launch of the DigitalApp, ZTBL has taken a significant leap forward in its commitment to providing…

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

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

PKR 895 Million, Pakistan Microfinance Investment Company (PMIC), Reports Highest Profit since its Inception.

admin02 mins

In a recent board meeting, the management team of PMIC received commendations from the Board for their exceptional financial performance despite the prevailing challenging macroeconomic conditions. The company’s resilience in navigating through the economic turmoil highlights its commitment to sustaining financial inclusion and fostering responsible lending practices for sustainable economic growth. PMIC, operating through a…

Read More

easypaisa Launches QR Soundbox to Revolutionize Digital Payments Landscape in Pakistan – Fintech News Pakistan

admin04 mins

In a move set to transform Pakistan’s digital financial landscape, easypaisa, the country’s premier digital financial services platform, has introduced the QR SoundBox. This innovative device promises to streamline digital transactions for both merchants and customers. The QR SoundBox offers a seamless solution, boasting a portable design equipped with a speaker for payment alerts and…

Read More

KTrade Securities and Ansher Capital Forge Strategic Partnership for Cross-Border Investments Between Pakistan, Saudi Arabia & Uzbekistan – Fintech News Pakistan

admin03 mins

KTrade Securities, a prominent entity in Pakistan’s capital markets, has joined forces with Ansher Capital LLC, the largest investment bank in Uzbekistan, in a strategic partnership aimed at fostering cross-border investments. This collaboration targets markets in Saudi Arabia, Pakistan, and Uzbekistan, leveraging the expertise of both firms to provide comprehensive financial advisory and corporate finance…

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