SBP automates verification of refinance claims under Export Finance Scheme to facilitate Exporters and Banks

In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification of refinance claims under the Export Finance Scheme (EFS). Automated verification…

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Standard Chartered Bank introduces ‘Braille-Inclusive’ Forms for visually-impaired customers

Standard Chartered Bank Pakistan Limited (SCBPL) has recently pioneered special 'Braille-Inclusive' banking-forms, for the convenience of visually-impaired citizens. SCBPL has been deploying innovative technologies for world-class financial-services, besides enabling socio-economic…

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Bank Alfalah and ACE Money Transfer gives away Kia Sportage to SIX lucky remittance senders

Bank Alfalah, in partnership with ACE Money Transfer, is rewarding six lucky overseas Pakistanis for using legal remittance channels with a Kia Sportage Alpha SUVs each in a ceremony being…

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BankIslami becomes the first Islamic Bank to finance electronic warehouse receipt financing

BankIslami, Pakistan's leading Islamic financial institution, has become the first Islamic Bank to have successfully structured and disbursed Pakistan's first Shariah-compliant Electronic Warehouse Receipt (EWHR) financing issued under the repository…

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Will provide 1 billion relief to banking customers by the end of the year, Banking Ombudsman

Banking Ombudsman Pakistan Muhammad Kamran Shehzad said that more than 40 thousand customer complaints were received this year in which relief of 600 million was provided and it is hoped…

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