U Microfinance Bank celebrates 200 Branch Network Landmark
U Microfinance Bank inaugurates its 200th Branch situated in Gilgit with the commitment to take banking services to the last mile in Pakistan. The President & CEO of U Microfinance Bank, Mr. Kabeer Naqvi along with the management team inaugurated the branch on 4th of October 2019. Mr.Naqvi while speaking at the occasion said that […]
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JazzCash introduces In-App Bus Ticketing Feature
JazzCash, Pakistan’s fastest growing digital financial service provider, and Bookme, a leading e-ticketing platform for transport and entertainment, have launched Bus Ticketing services to JazzCash customers across Pakistan. This service allows travelers to log on to their JazzCash app and complete end-to-end bus ticket booking for their journey. Users can use their mobile account balance […]
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Telenor Microfinance Bank’s Management Trainee Program is creating the ‘Future Leaders’
All of us aspire to be mentored by the leaders of the industry and work amongst bright minds that are driven by a vision to bring about social empowerment through innovation in technology. Telenor Microfinance Bank (TMB), the leading microfinance institution of Pakistan, recently brought an opportunity for young, dynamic, and highly motivated individuals from […]
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Telenor Microfinance Bank & Samsung Electronics collaborate for Digital Disbursements
Telenor Microfinance Bank and Samsung Electronics have signed a Memorandum of Understanding (MoU) for disbursement of payments to Samsung’s channel partners through the bank’s digital banking service, Easypaisa. The partnership will enable Samsung Electronics to make payments to its retailers using Easypaisa’s reliable and secure network. Through this efficient disbursement solution, Samsung’s retailers across Pakistan […]
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Easypaisa facilitates Digital Insurance Payments
Telenor Microfinance Bank, Pakistan’s leading microfinance bank has collaborated with Takaful Pakistan Limited, one of the leading Shariah compliant insurance companies to enable safe, secure and convenient access to payments through Easypaisa, Pakistan’s first digital financial service for Takaful customers. This value added service is another step towards making the Easypaisa mobile payment and lifestyle […]
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Telenor Microfinance Bank Appoints Mohammad Mudassar Aqil as CEO
The Board of Directors of Telenor Microfinance Bank has appointed Mohammad Mudassar Aqil as the bank’s new CEO. He will officially join the bank on 1st November, 2019, subject to all regulatory approvals. Mudassar has been actively involved in the banking and microfinance industry. He has served as Chief Executive Officer of FINCA Microfinance Bank […]
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Digital Health Services growing through Easypaisa
Easypaisa, as part of its commitment towards a more financially inclusive Pakistan, in collaboration with a third party service provider is working to ensure customer well being at affordable prices. This health service will be available for mobile users and will help increase access to healthcare while reducing healthcare costs. Through this service, a safe […]
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Easypaisa joins Hands with Haidri Beverages Pvt. Ltd. & Northern Bottling Co. Pvt. Ltd. for Retailer Commissions Disbursement Solution
Easypaisa, the first and largest mobile financial service provider in the country has entered into an agreement with Haidri Beverages Pvt. Ltd. and Northern Bottling Co. Pvt. Ltd. for disbursement of retailer commissions through Easypaisa’s cashless distribution solutions. Haidri Beverages and Northern Bottling are the largest franchisees of Pepsi Cola International, covering the entire AJK […]
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Telenor Microfinance Bank appoints Aslam Hayat as acting CEO
The Board of Directors of Telenor Microfinance Bank has appointed Aslam Hayat as acting CEO, following the resignation of Shahid Mustafa. The outgoing CEO Shahid Mustafa tendered his resignation and will officially step down from his role as CEO on 31st May, 2019. Aslam Hayat currently serves as Chief Compliance Officer on the Management Team […]
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Easypaisa to facilitate Central Depository Company’s Account Holders
Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU) at CDC House Karachi. A salient feature of the MOU will be the Easypaisa platform which will facilitate CDC account holders in biometric verification and collection of funds. Signatories to the MoU were Shahid Mustafa, […]
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PTCL injects PKR 4 Billion in U Microfinance Bank for Growth
Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for PKR 4 Billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U Microfinance Bank (U Bank), which is a wholly owned subsidiary of PTCL. This capital injection will enable the bank to further capitalize on the growth opportunities possible in Pakistan’s microfinance sector. Pakistan Telecommunication […]
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Blockchain Technology backed Home Remittances from Malaysia to Pakistan made possible to promote Financial Inclusion
Powered by Alipay’s blockchain technology, the service enables Pakistanis living in Malaysia to send money home instantly and securely through Telenor’s remittance service provider – Valyou. Telenor Microfinance Bank, in partnership with Valyou of Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service, powered by industry-leading blockchain technology developed by Alipay, the online payment platform […]
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Telenor to install Digital Self-Service Booths across CSD Stores Nationwide
Pakistan’s top digital and telecom services provider Telenor Pakistan has joined hands with the nation’s favorite retail chain CSD for placement of its state-of-the-art Digital Self-Service Booths across CSD stores nationwide. The contract was signed during a ceremony held at Telenor campus ‘345’ in Islamabad which was attended by senior officials of both entities, including […]
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