Faysal Bank partnered with Mercantile Pakistan (Authorized Apple Distributor) to provide a facility of Buy Now Pay Later (BNPL) at a zero percent profit rate to its customers using its payment cards. This is the first time in Pakistan that customers can avail BNPL facility to buy Official Apple products from authorized retail outlets. During the rollout […]

Sohar International’s digitalization journey aligned to the national digitalization agenda, has reaped the bank the coveted ‘Best Digital Bank’ title at the TAS Business Awards. The award recognized Sohar International’s impressive digital growth trajectory that caters to the retail and corporate worlds while applauding its strong resilience and continued commitment to Oman Vision 2040. The […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a strategic partnership with Quwat, the fintech arm of Industrus – a tech service provider catering to the needs of millions of consumers across Pakistan, to offer a robust portfolio of digitally innovative financial products and solutions to individuals as well as Small and […]

Al Rajhi Bank Malaysia (ARBM) has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers. Arsalaan (Oz) Ahmed, Chief Executive Officer, Al Rajhi Bank Malaysia, said, “a year […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank’s (MMBL) flagship women empowerment program, ‘Women Inspirational Network (WIN)’ has been recognized at the Women Empowerment Conference held in Karachi – a joint venture of The Employers’ Federation of Pakistan (EFP) and the International Labour Organization (ILO), under PRS/STRIDE project funded by Government of Japan, as a best […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), and its Agent Bank for the transaction JS Bank Limited (JS Bank), one of Pakistan’s fastest-growing financial institutions, along with syndicate members, signed an agreement with respect to raising of MMBL’s Tier-II Capital of PKR 2,000,000,000 in the form of Privately Placed/DSLR Listed Term Finance Certificates. […]

To support the mission of promoting digital inclusion across the nation through innovative financial solutions, Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank, is collaborating with GSMA, the global organisation representing mobile operators and the broader mobile ecosystem. Through this partnership, MMBL and GSMA aim to reduce the gender gap in digital financing through MMBL’s […]

Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank, and U Microfinance Bank Ltd. (U Bank), Pakistan’s fastest-growing microfinance bank, have entered into a strategic partnership for providing housing finance facility for their employees.  The MoU was signed between Ghazanfar Azzam, President & CEO – MMBL, and Kabeer Naqvi, President & CEO – U Microfinance […]

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, announced the launch of Samsung Wallet, a secure and easy-to-use mobile payment service for all QIB Debit, Credit and Prepaid cardholders owning Samsung devices. Samsung Wallet is a robust mobile payment platform that supports the shift towards digital wallets and provides a secure e-payments avenue around the […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has recently launched the 2nd edition of its 9 Point Agenda for Financial Inclusion, a policy document aimed at fostering digital financial inclusion through meaningful regulatory interventions in nine key areas. Mobilink Microfinance Bank is part of the VEON group, a global digital operator that provides converged […]