financial news
The shift and impact of the digital surge in the year 2020 have pushed a lot of organizations around the world to transform their businesses in the digital and technical sphere. Change has become inevitable and digital transformation is now deemed as the need of the hour. More and more institutions are revolutionizing their standard […]
HBL Launches Pakistan’s First Comprehensive Personal Finance Management Tool, Powered by Hysab Kytab
HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to take control of their financial well-being. Veqar Ul Islam, Founder of […]
Jubilee Life Insurance introduces Ujala Insurance Plan which is a first of its kind insurance proposition in the bancassurance channel that offers cancer protection supplementary benefit along with other insurance riders at a modest additional cost. This proposition provides financial protection in case of illness or accident and is specially curated to make the customer […]
Transfast, a leading cross-border payments service provider with presence in over 140 countries, has partnered with Habib Bank Limited (HBL), the largest commercial bank with over 1700 branches in Pakistan, to facilitate expatriates around the globe to send money to Pakistan. The remittance facility between Transfast and HBL is now available to the Pakistani expatriates […]
The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to […]