COVID-19
“We are noticing a 30% decrease in the branch banking footfall as customers adopt digital channels to ensure social distancing”, said Shehryar Bakht Ali, Head of Retail Banking, Bank One Limited – Mauritius, during an exclusive Q&A session with our editor in Chief on the impact of COVID-19 on overall financial sector. 1. How is […]
“The Coronavirus has emerged as an opportunity to stall this free fall in the short term and has forced us to do some introspection”, expressed Dr. Shahid Qureshi, Associate Professor and Program Director, AMAN Centre for Entrepreneurial Development, IBA, during an exclusive Q&A session on COVID-19 on the market and start-up eco-system with our editor […]
“Retail Sector contributes to around 17.5% of GDP and provides employment to 16% of the labor force in Pakistan but it might not be able to sustain the impact of this virus and it may take years to recover”, said Mohammad Qasim, Managing Director, Firhaj Footwear Pvt. Limited (the sole official licensee of two […]
Omer Bin Ahsan, Chief Executive Officer, Haball shared his insights on impact of pandemic out-break on digital financial services in Pakistan with our editor in Chief during an exclusive Q&A session on COVID-19. 1. How do you think the financial industry change post COVID-19? They will read the writing on the wall on their insourced […]
Telenor Microfinance Bank’s mobile banking platform, Easypaisa has been awarded by Global Finance Magazine as ‘The Innovators 2020’ in the field of Payments. The Easypaisa App has been recognized for consistent efforts in forging new paths and introducing distinct yet sophisticated tools to tackle modern issues in Finance. ‘The Innovators 2020’ is a platform that […]
TECNO, a premier smartphone brand conducted a CSR Donation Ceremony on 11th of May, 2020 in which Governor of the Punjab Chaudhry Mohammad Sarwar along with other provincial government officials was also present. The ceremony took place at Hafeez Centre in Lahore, the biggest I.T Market of the country. Fulfilling its corporate responsibility, TECNO has taken […]
Mobilink Microfinance Bank has recorded double-digit growth of 12% year-on-year in 2019 with a handsome increase in its values of assets, deposits, and loan portfolio. The bank’s profits increased to Rs. 920million in 2019 from Rs. 818 million in 2018, showing an increase of Rs. 102 million. The microfinance bank maintained the highest profit values […]
“The Insurance industry has generally been a laggard in adopting new technologies and business models”, commented Nomaan bin Bashir, General Manager – Head of Consumer Insurance, IGI General Insurance, during an exclusive Q&A session with our Editor-in-Chief and expressed his point of view on the impact of COVID-19 outbreak on the insurance industry in Pakistan. […]
“The COVID-19 has accelerated the demise of brick and mortar financial services and the regulator is eyeing this as an opportunity”, expressed Arsalan Asif H. Soomro, Managing Director, KASB Securities, during an exclusive Q&A session with our Editor in Chief and had more to say on the overall economic landscape of Pakistan amidst COVID-19. 1. […]
Emirates operates special flights to repatriate Pakistani nationals from the UAE. These special flights to Islamabad, Karachi, and Peshawar facilitated travel for residents and visitors wishing to return home. Flight EK612 carrying passengers from Dubai International airport arrived in Islamabad at 1630 hours on 07 May, and EK608 arrived in Karachi later on 07 May […]