State Bank of Pakistan has suspended, with immediate effect, the authorization of the following Exchange Companies –B Category till further orders due to serious violations of the State Bank's regulations…
Pink Riders, a leading organ'ization empowering women rider in Pakistan, and TPL Insurance, one of the country's largest insurance companies, today announced the launch of a groundbreaking bike insurance product…
JS Bank, a leading financial institution renowned for its commitment to sustainable banking and fintech innovation, has signed a Memorandum of Understanding (MoU) with Beaconhouse National University (BNU), Pakistan's first…
Committed to advancing the cause of gender equality and championing workplace diversity, Mobilink Bank launched MobilinkHER, its first Women Returnship Program. This inclusive effort strives to foster Diversity and Inclusion…
A big opportunity for Pakistan resides in ushering its micro, small and medium enterprises (MSMEs) into the digital age, as revealed in a new report by the United Nations-based Better…
BankIslami, Pakistan's leading Islamic financial institution, has appointed Mr. Rizwan Ata as its new President & CEO. Mr. Rizwan Ata has brought a wealth of experience and a profound understanding…
Mobilink Bank and the United Nations Entity for Gender Equality and the Empowerment of Women, Pakistan (UN Women Pakistan) signed a Memorandum of Understanding (MoU) to ignite a transformative wave…
Bank Alfalah Islamic, the leading Islamic banking institution, is reappointed as a Joint Financial Advisor (JFA) to the Ministry of Finance for 5 years, reinforcing its status as the sole…
KT Bank, an under-formation digital bank has received In-Principle approval from the State Bank of Pakistan (SBP) in a ceremony recently organized by SBP. The approval was handed over by…
TPL Insurance – WTO, a premium insurance and Takaful services leader, is excited to announce a strategic collaboration with HBL Islamic Banking. This partnership is set to redefine Takaful coverage…
Meezan Bank, Pakistan's leading Islamic bank, and Daraz, Pakistan's largest e-commerce platform, have signed a Memorandum of Understanding (MoU) to support and encourage using electric bikes in Pakistan. Through this…
Telenor Microfinance Bank, operator of Pakistan's leading digital financial services platform, easypaisa, has received In-Principle Approval (IPA) for Digital Retail Bank (DRB) license from the State Bank of Pakistan (SBP)…
Effective from September 22, 2023, a new 'Diamond' category has been added in the Sohni Dharti Remittance Program (SDRP). The new category is in addition to existing three categories namely,…
HugoBank is humbled to announce its receipt of the In-Principle Approval (IPA) for its Digital Retail Banking (DRB) license from the State Bank of Pakistan (SBP) under its Licensing and…
Zindigi, a key player in digital financial services, has joined forces with EFU Life Assurance, a leading life insurance provider in Pakistan. This partnership is aimed at offering insurance solutions…
Pakistan's currency has once again made headlines, but this time it's due to administrative measures that have resulted in the PKR gaining value in both the official interbank market and…
The Khushhali Microfinance Bank Limited and HBL Konnect have signed an agreement, enabling payments for Khushhali Bank customers through HBL Konnect branchless banking and agents network across Pakistan. The agreement…
Mastercard's strategic partnership with Delivery Hero, the world's leading local delivery platform, continues to fuel the growth of e-commerce in the Middle East and North Africa (MENA) region. Since announcing…
MEBL intends to establish an Exchange Company MEBL, in a notice today, has announced its intent to establish an Exchange Company, a strategic move influenced by recent structural reforms implemented…
Standard Chartered Bank has entered into a distribution agreement with Kashf Foundation. Through this arrangement, Standard Chartered will be offering Kashf Gender Bonds to the Bank's non-individual business banking clients.…
The total liquid foreign reserves held by the country stood at US$ 13,079.1 million as of 08-Sep-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. This decision takes into account the latest inflation outturn reflecting the continuing…
State Life Insurance Corporation of Pakistan (SLIC) and JS Bank Limited have signed a Memorandum of Understanding (MoU) to provide seamless financial and insurance services to their customers and employees.…
OMI Hospital, a renowned healthcare institution based in Karachi, and Jubilee Life Insurance, Pakistan's largest private-sector insurance company, are pleased to announce their strategic partnership. Under this partnership, OMI Hospital…
According to Visa's latest Stay Secure study, overconfidence is leaving Pakistan's consumers open to becoming fraud victims. Despite more than half of respondents (56%, similar to the global average) claiming…
