Visa Inc., a world leader in digital payments, and TECH5, an innovator in the field of biometrics and digital identity management, have signed a strategic collaboration agreement focusing on the development and enhancement of digital government ecosystems on a global scale. The two organizations will design a roadmap that encompasses a series of initiatives and […]

Bank Alfalah, a leading commercial bank in Pakistan, and the International Finance Corporation (IFC) formalized a Green Banking Advisory Agreement. This agreement underscores Bank Alfalah’s dedication to fostering sustainable and accountable green banking practices. It follows the Bank’s successful adoption of the State Bank of Pakistan’s (SBP) Environmental and Social Risk Management (ESRM) framework, aligning […]

Environment-friendly and cost-effective electric bikes will now also be available to customers in instalments. In this regard, an agreement has been signed between Pakzon Electric Motors (Pvt) Ltd. and Faisal Bank. Under the agreement, customers will be able to get bikes in their name in instalments of three months without paying the down payment. Apart […]

easypaisa, Pakistan’s leading digital financial services platform, has partnered with Unikrew and the United States Agency for International Development (USAID) to empower women through groundbreaking and innovative financial solutions. This collaboration aims to integrate women-centric products within the easypaisa app, leveraging digital technology to enhance financial inclusion and independence. As part of the collaboration, easypaisa […]

Reiterating its commitment to social responsibility, JS Bank, one of the fastest-growing banks in Pakistan, has partnered with the UKS Research Centre to raise awareness of Gender Equality and Women Empowerment. The MoU was signed between Atif Malik, Group Head of Retail Banking – JS Bank, and Tasneem Ahmer, Founder and Director – UKS in […]

Tetra Pak Pakistan announced the extension of its partnership with Islamabad United as its official nutrition partner during the upcoming season 9 of the Pakistan Super League (PSL), scheduled between February to March 2024. The agreement was signed by Mr Awais Bin Nasim, Managing Director of Tetra Pak Pakistan, and Mr Ahsan Latif, CEO of […]

Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz to expand the female agent network in Pakistan. This partnership was signed in the presence of Karandaaz Chairperson Salim Raza, Bank Alfalah President and CEO Atif Bajwa, Karandaaz CEO Waqas ul Hasan, Group Head Digital Banking Group Muhammad Yahya Khan, […]

Magnati, a leading payments solutions provider in the Middle East region, is further accelerating its sustainability efforts through a strategic collaboration with Fils, a pioneering FinTech platform. Through this collaboration, Magnati aims to provide its merchants with actionable environmental insights and promote green payments as part of its broader commitment to sustainable finance. Merchants will […]

InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a not-for-profit and licensed microfinance institution, is proud to announce the closing of South Asia’s and Pakistan’s inaugural ‘Gender Bond’ thereby revolutionizing financial empowerment and inclusion for women. The Bond, which holds a prestigious long-term AAA rating by PACRA, marks a […]

Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation.  The USD 200 million PKR equivalent program, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital-funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC aim to leverage their long-standing […]