Airtel Africa, a leading provider of telecommunications and mobile money services, announced a strategic partnership with Standard Chartered Bank, a leading international banking group, to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Standard Chartered and Airtel Africa will work together to co-create new, innovative […]

Haroon Rashid, CEO Shell Pakistan Limited, has been elected as the President of the Overseas Investors Chamber of Commerce & Industry (OICCI). His appointment came following a successful tenure of Mr. Shazad Dada, who resigned as the President of OICCI after resigning from Standard Chartered Bank and taking over as President of United Bank Limited. […]

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 […]

Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch (both stable), successfully closed a USD 1 billion long 5-year Sukuk with a profit rate of 2.95% per annum, which is equivalent to 245bps over the equivalent tenor Mid Swap Rate. DIB’s $1 billion Sukuk is a landmark transaction as it is […]

Rehan Shaikh has been appointed as the Director and Chief Executive Officer (CEO) of the Standard Chartered Bank Pakistan in place of Shazad Dada. Shaikh is the current CEO of Islamic Banking at Standard Chartered, a position he has held since 2015 and is based in Dubai. Rehan Shaikh has diversified banking experience of over […]

The outgoing Chief Executive Officer (CEO) of Standard Chartered Bank, Shazad G Dada has been appointed as President and CEO of United Bank Limited. The sources said that the appointment of Shahzad G Dada is subject to the approval of the State Bank of Pakistan and compliance with all applicable laws, rules and regulations in […]