Ufone and HBL signed CNY/RMB Trade Finance Facility Agreement
The Landmark agreement is part of one of the largest RMB/CNY contracts in the history of Pakistan between Ufone and Huawei Technologies Co Ltd., and it would furthermore be a breakthrough in the banking industry of the country. The trade deal under this new mode of transaction will set a precedent for different sectors and […]
Read More
Golootlo and 1LINK partner to launch discounts-based Golootlo 1QR Payment Service
1LINK (Pvt.) Limited (1LINK) and Decagon Pakistan (Pvt.) Limited (Golootlo) have signed an agreement to enable 1QR as a channel to promote account based digital payments through 1IBFT across Pakistan. This shall allow Golootlo customers to avaial year-round massive discounts by making payments in a convenient and secure manner at Golootlo partners using their bank […]
Read More
Telenor Microfinance Bank and Pakistan Bait-ul-Mal partner to improve Financial Literacy in Women
Telenor Microfinance Bank (TMB), Pakistan’s leading microfinance bank and Pakistan Bait-ul-Mal signed a Memorandum of Understanding for the promotion of financial knowledge in women of the country. Under the agreement, the Bank will train women on the basics of performing various financial transactions through digital and conventional channels as well as accessing credit services hassle-free. […]
Read More
Karandaaz joins Hands with Bank Alfalah and DigiServ to develop an Innovative Credit Scoring Model for SMEs
Karandaaz Pakistan, under its third round of Innovation Challenge Fund (ICF), has signed an agreement with a consortium of Bank Alfalah Limited and DigiServ, for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs). During this challenge, Karandaaz had invited ideas from entities interested in developing and testing innovative credit scoring […]
Read More
PCB partners with Uber for ground-breaking Girls’ School Participation Program
The Pakistan Cricket Board (PCB) today announced a partnership with Uber for the development of girls’ cricket at school level across the country through its Cric4Us Program. The six-month partnership, which commences from the day of signing, will benefit more than 1,500 players through collaboration with schools in 14 cities namely Abbottabad, Bahawalpur, Charsadda, Haripur, […]
Read More
Meezan Bank signs MoU with CarFirst to provide hassle-free Car Financing Solution to their Customers
Meezan Bank and CarFirst enter into Strategic Alliance for furnishing Shariah-compliant Financing Solution and Value-Added Services of hassle-free Car Selling. Meezan Bank, Pakistan’s leading Islamic bank and the Best Bank in the country has recently signed a Memorandum of Understanding (MoU) with CarFirst, Pakistan’s most trusted trading platform for used cars. Mr. Arshad Majeed, Group […]
Read More
Easypaisa User Wins a Car
Easypaisa, Pakistan’s first digital lifestyle enabler, handed over a new car to Maqsood Ahmed, the winner of its ‘Grand Eidi Campaign’. The keys of his new Honda City car were presented to him by Aslam Hayat, Acting CEO, Telenor Microfinance Bank. Sharing his joy at the handing over ceremony, Maqsood Ahmed, winner of the prize […]
Read More
Zong 4G becomes Connectivity Partner for Faysal Bank Limited
Pakistan’s No.1 Data Network, Zong 4G has partnered with, Faysal Bank Limited (FBL), one of the leading banks in Pakistan to provide customized corporate voice and data services. The strategic collaboration will enable Faysal Bank Limited to optimize operations for end-to-end customer experiences through unparalleled connectivity of Zong 4G. The partnership between the companies was […]
Read More
Zong 4G and FINCA Microfinance Bank to digitally empower Corporate Organizations across Pakistan
Zong 4G, Pakistan’s No.1 Data Network, and FINCA Microfinance Bank Pakistan have entered into a strategic alliance aimed to uplift the digital and financial ecosystem of Pakistan. Leveraging on Pakistan’s best 4G Services, the strategic collaboration between the two organizations will enable FINCA customers to perform all sorts of banking activities over their digital mobile application […]
Read More
Karandaaz Pakistan Launches a Portal on Financial Services Indicators for Pakistan
Karandaaz Pakistan has launched an online data portal with aggregated data on financial services and selected socioeconomic indicators for the country. The data is classified by segment—SME, Agriculture, Branchless Banking, Demographics—and also allows for detailed visualization by province, gender, age, etc., where available. Drawing on publicly available information from reputable sources, the breadth of information […]
Read More
BankIslami announces 2018 Annual Financial Results
The Board of Directors of BankIslami has approved the Bank’s Annual Audited Financial Statements, for the year ended December 31, 2018, in their meeting held in Karachi on February 28, 2019. BankIslami posted profit before tax (PBT) of Rs. 403 million for the year 2018, depicting a growth by 156% compared to PBT of last […]
Read More
Karandaaz and Allied Bank join hands for developing an Innovative Credit Scoring Model for SMEs
Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs). During this annual challenge, Karandaaz had invited ideas from entities interested in developing and testing innovative […]
Read More
BankIslami introduces ‘OneTouch Banking’ a Complete Biometric Banking Solution for the First time in Pakistan
With the growing prevalence of technologically advanced solutions in banking industry, BankIslami breaks through the industry with OneTouch Banking, a complete Biometric solution which enables you to carry out all your transactions by just an impression of your thumb. BankIslami, for the first time in Pakistan, introduces One Touch Banking where your Thumb is your […]
Read More
