Executive Director Development Finance Group (DFG) Mr. Samar Hasnain has reiterated that the Mera Pakistan Mera Ghar (MPMG) Scheme is not shut down permanently and the government has decided to…
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…
An IT Technology workshop was organized by Huawei Pakistan for National Bank of Pakistan (NBP) during which Huawei regional experts presented various SDN solutions for Enterprise networks and how those…
The monetary policy committee of SBP will convene on Monday (August 22, 2022). We expect SBP to keep the policy rate unchanged at 15% in the upcoming monetary policy. To…
Bank Alfalah Limited is pleased to announce that it has been ranked as No. 1 Primary Dealer for government securities by the State Bank of Pakistan ("SBP") for fiscal year…
Meezan Bank Limited (MEBL) announced its 1HCY22 results today where the bank reported consolidated NPAT of PkR17.1bn (EPS: PkR10.5) compared to PkR12.7bn (EPS: PkR7.8) in the same period last year.…
Standard Chartered Bank Pakistan Limited (SCBPL) has recently pioneered special Braille Inclusive Banking Forms, for the convenience of visually impaired citizens. Unlike, traditional braille forms where the content is only…
The State Bank of Pakistan (SBP), in collaboration with Pakistan Telecommunication Authority (PTA) and UK's Foreign, Commonwealth and Development Office (FCDO), unveiled the mass media campaign for Asaan Mobile Account…
The National Bank of Pakistan (NBP) has advised its customers to remain vigilant and follow key steps to protect their confidential information. Impersonating NBP representatives, fraudulent elements have been found…
In view of recent volatility in the exchange rate and the difference between the interbank rate and the rate offered by Exchange Companies (ECs) and banks to their customers, State…
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…
Singapore-based EZ Wage, a leading regional financial wellness platform, has signed an agreement with Bank Alfalah as its Digital Payments Partner to facilitate Earned Wage Access (EWA) in Pakistan with…
The Overseas Investors Chamber of Commerce and Industry (OICCI) members met with Dr. Murtaza Syed, Acting Governor, State Bank of Pakistan (SBP), Dr. Inayat Hussain, Deputy Governor, SBP and Sima…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on July 28, 2022, approved the bank's financial results for the six months ended June 30, 2022.…
Bank Alfalah has onboarded the 8th batch of its prestigious Management Trainee Program after a rigorous recruitment process involving gamified assessment, video interview, virtual assessment centers and panel interviews. This…
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…
Meezan Bank and Huawei Pakistan signed a Memorandum of Understanding (MoU) to cement their strategic partnership, through projects focused on Cloud Transformation and technological innovation, enabling Meezan Bank to augment…
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…
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…
Mastercard and MCB Bank have entered a strategic partnership to boost financial inclusion in Pakistan and empower small businesses with Simplify Commerce, an all-in-one e-commerce technology solution. The agreement was…
In a move that will reshape the way consumers get access to digital financial services, Easypaisa, Pakistan's leading digital payments app has launched an industry first Credit Score Visibility feature…
In June, remittances rose to $2.76 billion, increasing by 18.4 percent on m/m basis and 1.7 percent on y/y basis. In June, remittances were mainly sourced from Saudi Arabia ($666…
The total liquid foreign reserves held by the country stood at US$ 15,610.5 million as of 07-Jul-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Standard Chartered Bank conducted a roadshow for Non-Resident Pakistanis based in the UAE. This event was brought forth with the support of the State Bank of Pakistan (SBP). The Standard Chartered…
Khushhali Microfinance Bank Limited (KMBL) is a winner of Pakistan's 'Best Microfinance Bank Award', with a vision for sustainable development, through professional excellence. In 2018, it pioneered the 'Khushhali Home…