Pakistan Banks' Association (PBA), on behalf of all its member banks, signed the project contract for the development and execution of Pakistan's first, blockchain based, national eKYC banking platform with the…
The total liquid foreign reserves held by the country stood at US$ 9,267.9 million as of 24-Feb-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed serious concern about the State Bank increasing the interest rate by 3 percent to a level of 20 percent…
The GSMA Connected Women Commitment Initiative was set up in 2016 to accelerate digital and financial inclusion for women across Africa, Asia, and Latin America. Since the inception of the…
At its meeting held on 2nd March 2023, the Monetary Policy Committee (MPC) decided to increase the policy rate by 300 basis points to 20 percent. During the last meeting…
Karandaaz Pakistan signed a data sharing agreement with TASDEEQ, a private credit bureau operating in Pakistan. By joining hands with TASDEEQ, Karandaaz will be enhancing the data offered through its…
BankIslami Pakistan Limited ('the Bank' or 'BankIslami') announced its financial results for the year ended December 31, 2022 declaring a remarkable growth of 142% in profit before tax i.e. Rs.…
Pak-Qatar Family Takaful has partnered with Takaful Bazaar as this partnership aims to promote and offer Shariah Compliant products as well as to smooth the customer handling journey via technology…
Bank Alfalah, the biggest corporate donor for the flood-affected communities, has partnered with Karachi Relief Trust (KRT) to fund the construction of low-cost sustainable housing for PKR 50 million. Bank…
The Monetary Policy Committee of SBP will meet on Thursday, March 2, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy…
Standard Chartered Bank Pakistan Limited (SCBPL), continuing with its contribution towards economic empowerment and financial inclusion of the masses, has launched an internship programme for differently-abled persons, with the aim…
e& has announced a strategic partnership with Mastercard that will see consumers and businesses in 16 markets across the Middle East, Asia and Africa benefit from a variety of new…
Mobilink Microfinance Bank Limited (MMBL), has signed a Memorandum of Understanding (MoU) with Sehat Kahani, a leading telemedicine platform, to provide affordable and accessible Outpatient Department (OPD) consultation services to…
The total liquid foreign reserves held by the country stood at US$ 8,726.5 million as of 17-Feb-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Faysal Bank Limited (FBL) achieved the landmark of Rs. 1 trillion in Balance Sheet footings with a record Profit Before Tax of Rs. 22.4 billion, 67% higher than the last…
Mastercard has signed a strategic MOU with Pakistan's Punjab Central Business District Development Authority (PCBDDA) to turn the community into a cashless economic zone and drive digital transformation in the…
Mobilink Microfinance Bank Limited (MMBL) is partnering with the Swiss Capacity Building Facility (SCBF), a Switzerland-based innovative public-private platform, and the Arab Gulf Programme for Development (AGFUND), a Saudi Arabia-based…
Highlights: Record profit before tax of PKR 50.1 billion, up 102 per cent year on year Highest ever revenue of PKR 62.6 billion, growth of 68 per cent Healthy increase…
Bank Alfalah, one of the leading commercial Bank in Pakistan, participated in recruitment career fairs at various universities where it engaged with students for its 9th Management Trainee Program called…
The Board of Directors of Meezan Bank approved the financial statements of the Bank and its consolidated financial statements for the year ending December 31, 2022. The meeting was chaired by…
The Board of Directors of Meezan Bank, approved the financial statements of the Bank and its consolidated financial statements for the year ended December 31, 2022. The meeting was chaired…
Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacks in order…
Standard Chartered Bank Pakistan Limited (SCBPL) has launched a special bank account for Women named 'SC Sahar Women's Account'. This innovative facility will cater to the evolving needs of the…
State Life Insurance Corporation of Pakistan (SLIC) held its Annual Marketing Convention in Pearl Continental Bhurban to congratulate its vigorous workforce and determined management team and celebrate the strongest annual…
With the aim to help increase financial inclusion, especially of underserved groups in the country, Karandaaz is all set to launch a comprehensive demand-side survey – Karandaaz Financial Inclusion Survey…