Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation. The USD 200 million PKR equivalent program, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital-funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC aim to leverage their long-standing […]

Building upon their commitment to youth empowerment and economic growth, BankIslami, Pakistan’s premier Islamic bank, is pleased to announce the successful orientation that took place on Monday, September 25, 2023, at IBA Karachi for the BankIslami Umeed Digital Certifications Program. The BankIslami Umeed Digital Certifications Program orientation provided participants with a comprehensive overview of the […]

Daraz, Pakistan’s leading e-commerce platform, has entered into a strategic long-term partnership with Meezan Bank, a pioneer in Islamic banking and a powerhouse in the banking industry. This collaboration is designed to promote e–commerce and digital payments among Meezan Bank and Daraz customers. As part of this collaboration, Daraz will integrate Meezan Bank’s payment gateway […]

Mobilink Bank’s outstanding accomplishments have garnered recognition at the prestigious 20th Annual Excellence Awards, hosted by the CFA Society Pakistan. The Bank was honored with the coveted title of “Best Digital Banking Services Award of the Year 2022” within the Microfinance Bank Category, solidifying its position as a trailblazer in the digital banking arena. Furthermore, […]

Deluxe, a Trusted Payments and Data company, and fintech Aliaswire, Inc. have announced a new partnership that will introduce Aliaswire’s DirectBiller bill payment technology across the extensive Deluxe network of banks, partners, and direct clients. This collaboration highlights the significant opportunity to digitize more business payments. “Our goal is to facilitate our clients’ transition to […]

The Bank of Punjab (BOP), recognized as one of the nation’s premier commercial banks, has embarked on a pioneering journey by unveiling its cutting-edge Point of Sale (POS) payment solutions and online payment gateway services.  BOP is the 7th Bank offering this service out of the total of 41 commercial and specialized banks in the country. […]

Bank ABC became the first bank in the Middle East to introduce faster cross-border payments to specific corridors for corporates and financial institutions utilizing J.P. Morgan’s Coin Systems. Coin Systems is a blockchain-based permission system that serves as a payment rail and deposit account ledger and sits within Onyx by J.P. Morgan. The soft launch […]

Abu Dhabi Islamic Bank, the leading financial institution announces its participation at Ru’ya Career Fair, an annual event offering dynamic job and training opportunities for Emirati youth. Starting today and running until 21st September, ADIB is actively engaged in attracting talent and supporting the UAE Government’s endeavors to advance Emiratisation within banking and the financial […]

Bank Alfalah, a leading commercial Bank in Pakistan, has partnered with UN Women to launch financial inclusion awareness sessions. The sessions are a part of the National Financial Literacy Program (NFLP), an initiative of SBP and BSC. The sessions aim to break down barriers hindering women’s access to financial resources, fostering their autonomy and financial […]

President & CEO Mr. Yousaf Hussain, along with Mr. Jaudat Hussain, Head Retail Banking Faysal Bank Limited, and Mr. Agha Mehdi Raza, General Manager Central, Faysal Bank Limited and Mufti Najeeb Khan, a Renowned Shariah Scholar, recently, visited Sialkot Chambers of Commerce and Industry recently. The purpose of this visit was to apprise the members […]