Tag: Bank

JAZZCASH AND JS BANK TO LAUNCH DIRECT DEBIT SERVICING FOR THE FIRST TIME IN PAKISTAN

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article image Expanding itself in the domain of digital payments, JazzCash has entered into an agreement with JS Bank whereby Jazz customers will have access to Direct Debit functionality. Developed on JazzCash Payment Gateway, Direct Debit will bring more convenience and ease to JS Bank customers by enabling them to use their JS Bank account for purchasing […]…Read More

TPL Life and U Microfinance Bank form a strategic alliance to serve the underserved

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article image PR:  TPL Life and U Microfinance Bank Ltd. (U Bank) have signed an agreement whereby TPL Life’s innovative life insurance and health insurance products will be available through U Bank branches. Speaking at the occasion, Mr. Faisal Abbasi – CEO, TPL Life said “Developing products for the financially excluded members of our society has been the […]…Read More

Telenor Microfinance Bank wins two awards for the second time

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PR: Strengthening its market standing as the nation’s preferred banking institution, Telenor Microfinance Bank (formerly Tameer Microfinance Bank) has won the ‘Best Microfinance Bank’ and “Best Bank for the Unbanked” awards at the 2nd Pakistan Banking Awards 2017 for its outstanding initiatives for promotion of financial inclusion across the country. The Bank has won both the […]…Read More

VMware Partners with Meezan Bank to expand IT Infrastructure through Virtualization and Cloud Solutions

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article image PR: A global leader in cloud infrastructure and business mobility, has recentlysigned an agreement with Meezan Bank, Pakistan’s first and largest Islamic bank to modernize the bank’s IT infrastructure across 571 branches in 146cities of Pakistan. The agreement allows Meezan Bank to be expand intolarger market segmentsand meet its growing business demands through IT. Under […]…Read More

Khushhali Microfinance Bank & WWF on the Road to Make Pakistan Greener

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PR: Continuing their journey for a greener Pakistan, Khushhali Microfinance Bank (KMBL) and WWF Pakistan have collaborated once again to plant at least 2,000 indigenous trees as part of the second round of WWF-Pakistan’s Tree-A-Thon Activity. This association is one of its kind where both organizations are committed to raising awareness about the importance of trees […]…Read More

Shahid Mustafa takes charge as President & CEO Telenor Microfinance Bank

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PR: Seasoned banker Shahid Mustafa has been appointed the new President & Chief Executive Officer (CEO) of Telenor Microfinance Bank (formerly Tameer Microfinance Bank). Shahid replaced outgoing President & CEO Ali Riaz Chaudhry who served the institution since May 2016. Shahid, whose career spans over 20 years, is one of the founders of Tameer Microfinance […]…Read More

‘Agri expenditure raised to 80%; State Bank

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Agriculture expenditure has increased to 80% with side by side extensions of commercial banks to 57% of the entire expenditures in the last four years, said Tariq Bajwa, governor of the State Bank of Pakistan (SBP). He appreciated the financial institution for surpassing the target of credit disbursement during the previous fiscal year while addressing […]…Read More

Telenor Microfinance Bank launches Pakistan’s first MasterCard-branded Virtual Debit Card

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KARACHI – July 20, 2017: In yet another instance of innovation aimed towards facilitating digital payments and e-commerce in the country, Telenor Microfinance Bank (formerly Tameer Microfinance Bank) through its mobile banking platform, Easypaisa, has launched the country’s first MasterCard-branded Virtual Debit Card to facilitate online shopping on local and international e-commerce shopping websites – […]…Read More

Pakistan’s economic growth to hit 5.5% in 2017/18: World Bank

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Flourishing agriculture with Chinese infrastructure would lead Pakistan’s economy to 5.5% growth in the economic year 2017-18 said the World Bank. The Washington-based investor projected this growth at 5.8 %. “Pakistan’s weather, cotton prices, China-Pakistan Economic Corridor infrastructure project and a stable macroeconomic environment together all have increased in private investment,” said the World Bank. […]…Read More

Government of Punjab collaborates with Telenor Pakistan and Telenor Microfinance Bank for ‘Connected Agriculture Platform Punjab’

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Telenor Pakistan, Pakistan’s leading telecom and digital service provider, along with Telenor Microfinance Bank, has joined hands with Agriculture Department of the Government of Punjab and the Punjab Information Technology Board (PITB) for the flagship program “Connected Agriculture Platform Punjab.” PITB seeks to capitalize on the immense potential offered by Digital Mobile technology, smartphone penetration […]…Read More