Meezan Bank, Pakistan's leading Islamic bank, has recently signed a Memorandum of Understanding (MoU) with Pakistan Freelancers Association (PAFLA) to extend specialized banking services to the freelance community. The MoU…
SI Global Solutions, a preeminent system integration and IT powerhouse in Pakistan, garnered distinguished recognition at the recent Lenovo UK Summit held in London. Standing out amidst a multitude of…
JS Investments Limited, Pakistan's first private sector asset management company, announces the launch of its latest offering – the JS Fixed Term Munafa Fund. Designed to meet the diverse needs…
The total liquid foreign reserves held by the country stood at US$ 12,068.4 million as of 15-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
MCB held its conference call on December 20, 2023 whereby they discussed the banks' financials and its future outlook. The call was led by the CFO, Mr. Hammad Khalid. Brief…
Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan's first Digital Payments Sales and Service Centers- digital payments hubs strategically positioned in the vibrant and bustling Badar…
In a ground-breaking move, Daraz, Pakistan's leading e-commerce platform, has partnered with global payments technology company Visa to introduce co-branded cards for e-commerce usage. This strategic alliance is set to…
The 63rd meeting of Meezan Bank's Shariah Board held at Darul Uloom, Karachi under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani, along with other members of the Shariah Board,…
Visa Inc., a world leader in digital payments and TECH5, an innovator in biometrics and digital identity management, have signed a strategic collaboration agreement focusing on developing and enhancing digital…
U Microfinance Bank (U Bank), one of the largest microfinance banks in Pakistan, has forged a strategic partnership with Bank Alfalah Limited, one of the country's largest commercial banks, to…
After four consecutive months of Current Account Deficit (CAD), Pakistan recorded a Current Account Surplus (CAS) of US$9mn in Nov 2023. Tighter monetary and fiscal policy along with administrative steps…
Bank Alfalah, a leading commercial bank in Pakistan and the International Finance Corporation (IFC) formalised a Green Banking Advisory Agreement. This agreement underscores Bank Alfalah's dedication to fostering sustainable and…
Mr Farhan Faridi, Group Head, Retail Operations, Marketing and Administration at Jubilee Life Insurance, receives the Top 25 Companies Award by Pakistan Stock Exchange from Honorable Prime Minister of Pakistan…
The total liquid foreign reserves held by the country stood at US$ 12,206.4 million as of 08-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Pak-Qatar Family Takaful and Instaful Solutions have entered into a strategic partnership to introduce Inclusive BancaTakaful, a first-of-its-kind initiative in the country. BancaTakaful, an innovative distribution model, involves offering Takaful…
Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI), voiced disappointment over the State Bank's decision to maintain the interest rate at 22%. Despite expectations of a reduction…
Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking listed Ijarah Sukuk Issuance for the Government of Pakistan (GoP). This is the first…
Pakistan's leading digital microfinance bank, Mobilink Bank, has joined forces with a prominent fintech player, Unikrew Solutions, to drive women's financial inclusion in the country through a project funded by…
Reiterating its commitment to social responsibility, JS Bank, one of the fastest-growing banks in Pakistan, has partnered with the UKS Research Centre to raise awareness of Gender Equality and Women…
Zood, a leading digital lending platform for e-commerce in the Middle East and Central Asia, announced today that its waitlist for ZoodCard is now open to all Pakistan consumers. Powered by Mastercard, ZoodCard is…
At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. The decision does take into account the impact of the recent hike…
According to State Bank of Pakistan, workers' remittances recorded an inflow of US$2.3 billion in Nov 23. Regarding growth, during Nov 23, remittances decreased by 8.6 per cent on m/m and…
State Bank of Pakistan has issued draft Guidelines on Regulatory Sandbox for public consultation. The regulatory sandbox provides a controlled environment for innovators to test innovative products, business models, and…
Karandaaz Pakistan, a development finance firm at the forefront of promoting financial inclusion and driving digital transformation in Pakistan, held the first roundtable session to deliberate on Open Banking with…
Meezan Bank, Pakistan's leading Islamic bank, has recently formalized an agreement with Befiler to enhance the tax facilitation services available to freelancers. This collaboration aims to provide Meezan Freelancer Account…
