ING Belgium has partnered Minna Technologies to launch a digital subscription manager for nearly two million digital customers. The tool will give users of the ING Smart Banking app a clear view of all their current and dormant subscriptions. It will allow the bank’s customers to utilize the service all while remaining on the ING application. The […]

Banco Santander has appointed three leading technologists to support its strategy and digital transformation. R. Martin Chávez has been appointed as a new independent director. Mr. Chávez will replace Esther Giménez-Salinas who will be stepping down having served on the board for eight years. Mr. Chávez, who has worked for 20 years at Goldman Sachs, […]

Oxbury, UK’s bank for farming and food and latest SME-focussed fintech, has selected ClearBank cloud-based banking platform as its provider for clearing and payments.  Oxbury was granted a banking license in early 2020 and is planning on offering bespoke lending products aimed at an agricultural audience. Its first flagship product is called Oxbury Farm Credit, […]

Covid-19 Pandemic has adversely impacted the lives of many across the world. During this difficult time, METRO Pakistan in collaboration with Unilever Pakistan distributed meal boxes to the frontline warriors, including doctors, nurses, and other medical support functions at various hospitals, fighting the war against the global pandemic.  These frontline fighters have been putting their […]

Continuing its efforts to support the most affected communities across Pakistan, Bank Alfalah has joined hands with the Government of Pakistan’s Poverty Alleviation and Social Safety (PASS) Division to become a donor with the Ehsaas Ration Portal. Under the initiative, Bank Alfalah will be donating PKR 10 million for the provision of much-needed food supplies […]

Committed to its mission of providing quality healthcare for the community at large, Getz Pharma has launched a “Care for Heroes” initiative to safeguard the healthcare providers of Pakistan who are working selflessly to combat the pandemic. Under the umbrella of this initiative, Getz Pharma has started a disinfection drive in northern Pakistan from 9th […]

To prepare and implement a roadmap to ensure sustainable market-led financing of housing projects and mortgages in order to promote the development of housing and construction industry in the country, the Governor State Bank of Pakistan, Dr. Reza Baqir, formed a Steering Committee on Housing and Construction Finance last week. The Committee constituted members including […]

Pakistan Stock Exchange is pleased to announce that Mr. Nadir Rahman has joined (PSX) as Chief Operating Officer. Nadir has extensive, hands-on experience of capital markets in Pakistan and internationally, stretching over 29 years. His core areas of expertise are business development, operations, investment management, and corporate restructuring. He has advised on numerous capital market […]

Global insurer AXA has announced a new collaboration with The Western Union Company, which specializes in cross-border, cross-currency money movement and payments, to provide inclusive insurance products to Western Union’s customers. By linking insurance to money transfer services, the partnership will help to better cover migrant workers and their families at home. An initial pilot, […]

To provide mutual fund industry further relief in fulfilling regulatory compliance requirements during the COVID-19 pandemic, the Securities and Exchange Commission of Pakistan (SECP) has extended the timeline for Asset Management Companies (AMCs) to meet investor’s suitability assessment requirements, stipulated in Circular No 2 of 2020. The extended timeline is July 24, 2020. SECP’s suitability […]