As the Government of Pakistan continues to assist beneficiaries across the country under the Ehsaas Emergency Cash Disbursement Programme 2020, Bank Alfalah has introduced an innovative solution to cater to beneficiaries whose biometric verification is not possible for multiple reasons, thus ensuring support for such beneficiaries for cash withdrawal from their account. Many beneficiaries of […]

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 […]

On the approval of the federal government, National Database and Registration Authority (NADRA) offices have resumed operations countrywide to facilitate beneficiaries of Ehsaas Emergency Cash who were facing problems in withdrawing cash due to faulty biometric identification and registration of deaths of eligible family members. To get first-hand information about the facilitation being extended to Ehsaas beneficiaries […]

On April 10, 2020 the State Bank of Pakistan announced an incentive scheme— entitled Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns—that enables the provision of concessional credit for payroll finance to businesses that commit to not lay off workers for the next three months. Today the […]