BankIslami, Pakistan's leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank's commitment to excellence, sound financial management,…
VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited ('MEBL' or 'the Bank') at 'AAA/A-1+' (Triple A/ A-One Plus). The medium to long-term rating of…
Pakistan's leading Islamic financial institution, BankIslami, has received the prestigious Best Bio-Technology Award for its innovative OneTouch Banking solution at the Pakistan Digital Awards 2023. The award ceremony, held on…
The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Pakistan Microfinance Investment Company (PMIC) at 'AA' (Double A) and 'A1+' (A One Plus), respectively.…
Jubilee Life Insurance, Pakistan's largest private sector insurance company, has again aced at the esteemed Pakistan Digital Awards 2023. The insurance company was honoured with the Best Social Media Campaign…
In the statement after its meeting on 12th June, the Monetary Policy Committee (MPC) viewed the then monetary policy stance as appropriate to achieve the price stability objective "barring any…
Mastercard has partnered with SimpliFi, the leading regional Cards as a Service (CaaS) platform, to enhance digital payment adoption in the Middle East and North Africa (MENA). CaaS is an…
Discount World (DW) – An organization that caters more than 13 million + customer base of all the leading banks, insurance industry, pharmaceuticals, financial institutes and corporate entities of Pakistan,…
Pak-Qatar Group, Pakistan's premier and pioneer Islamic financial services group, has recently signed an MoU with Institute of Cost and Management Accountants of Pakistan (ICMAP). The MoU has been signed…
The total liquid foreign reserves held by the country stood at US$ 9,378.2 million as of 9-Jun-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Jubilee Life Insurance, Pakistan's largest private sector insurance company, proudly supported the send-off event for the Special Olympics Pakistan contingent participating in the prestigious Special Olympics World Games, Berlin, 2023.…
As part of its ongoing mission to advance financial inclusion across the board, Mobilink Bank has signed a Memorandum of Understanding (MoU) with Vision-Building Future (VBF) to address existing disparities…
EFU General, a leading insurance company, has launched its WhatsApp Chatbot service to provide customers with a quick and easy communication channel. With the increasing use of WhatsApp as a…
Karandaaz, a prominent organization at the forefront of promoting financial inclusion and driving digital transformation in Pakistan, is pleased to announce its strategic partnership with Vizpro, a leading player in…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt said on Wednesday said that the current alarming situation of the economy is the result…
The monetary policy committee is set to commence its next meeting on June 12th, 2023 and we expect the SBP to hold the policy rate at 21% in this meeting.…
Meezan Bank, Pakistan's leading Islamic bank has recently established a partnership with Fauree Tech Pvt Limited, a Fintech company specializing in supply chain solutions. The partnership shall serve to establish…
TPL Life Muavin, Pakistan's first virtual earning and learning platform, continues to grow and reach a new milestone of surpassing 60,000 potential life insurance agents registering onto the portal. This…
Governor State Bank of Pakistan Mr. Jameel Ahmad has said that Pakistan's banking industry was investing in technological upgrades to facilitate its customers and improving their overall banking experience. He…
The total liquid foreign reserves held by the country stood at US$ 9,513.0 million as of 26-May-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the…
Global goods trade is predicted to hit USD32.6tn in the next decade, with Asia, Africa and the Middle East driving 44 per cent of exports Business leaders highlight the top…
TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors' approval of a draft Scheme of Arrangement under Section 279 to Section 282 and…
The State Bank of Pakistan released its third quarterly review of Payment Systems for the Fiscal Year 2022-23 today, covering January to March 2023. Major highlights and a comprehensive analysis…
Karandaaz is a leading impact investor in Pakistan to promote access to finance for Micro, Small and Medium Enterprise (MSMEs) and financial inclusion of unbanked individuals. Karandaaz conducted a highly…
