Tag: financial
FINCA organises ‘Financial Literacy Programme’ to educate customers and general public
May 22nd, 2018 | No Comments
PR: FINCA, one of Pakistan’s leading micro-finance banks, organised a ‘Financial Literacy Programme’ for its customers and members of the general public. The aim of the video-based awareness programme, held at FINCA’s Johar Town Branch, was to educate customers and raise awareness about microfinance banks amongst those members of society with limited access to financial services. […]…Read More
American Embassy and PTA Jointly Hold Seminar on Financial Inclusion and E-Commerce Opportunities
May 9th, 2018 | No Comments
PR: The U.S. Embassy Islamabad, in conjunction with the Pakistan Telecommunications Authority (PTA), hosted a day-long seminar on financial inclusion and e-commerce. In addition to a panel discussion on financial inclusion in Pakistan, representatives from MasterCard spoke about how the company assists with establishing financial inclusion in other countries. Another panel discussed the convergence of fixed/mobile […]…Read More
FFC announces financial results for Q1Y2018
April 26th, 2018 | No Comments
PR: Fauji Fertilizer Company Limited (FFC) has announced first quarterly results for the year 2018. FFC created a new first quarterly benchmark in terms of record all products revenue of Rs. 21.67 billion The Company attained ‘Sona’ urea sales of 573 thousand tonnes during the quarter. Dividend income is recorded at Rs 349 million. Consequently, net […]…Read More
Telenor Group and Ant Financial in strategic partnership to deliver inclusive financial services in Pakistan
March 14th, 2018 | No Comments
PR: Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5 m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services. The MoU was signed today at […]…Read More
Itu fintech center inks agreement with Karandaaz Pakistan for financial inclusion through technological solutions
February 1st, 2018 | No Comments
PR: Information Technology University (ITU) of the Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Center established at ITU. The three specific academic researches undertaken by this FinTech Center will improve the existing knowledge on women’s use of digital financial services and the barriers they face. The research […]…Read More
Fintech to revolutionize Financial sector of Pakistan by mid-2018
January 10th, 2018 | No Comments
Pakistan’s financial sector by the mid of 2018 will be revolutionized by Fintech. PTA, telecom regulator, speeding up online transactions across all mobile phone networks, in a similar way we make a phone call from one network to another. PTA trying to lift financial inclusions and is planning to award Third Party Service Providers’ licenses […]…Read More
NIFT and 1LINK agree to collaborate on Digital Financial Service
December 26th, 2017 | No Comments
PR: 1LINK (Guarantee) Limited and National Institutional Facilitation Technologies (Pvt) Limited (NIFT) under the guidance of SBP recently, signed a Memorandum Of Understanding (MOU). The MOU was signed by Mr. Najeeb Agrawalla, CEO, 1LINK and Mr. Haider Wahab, CEO, NIFT. The signing ceremony took place at 1LINK office. Mr. Najeeb Agrawalla, CEO of 1LINK commented, “The […]…Read More
ECOSF strives to promote Science, Engineering, Technology and Innovation (SETI) in the ECO Region
December 18th, 2017 | No Comments
The Economic Cooperation Organization Regional Planning Council (ECORPC) 28th meeting held in Islamabad to review progress on the implementation of the ECO-approved programs/projects and to consider proposals for new programs and projects for 2018-2019. While addressing in the meeting President ECO Science Foundation Dr. Manzoor Soomro said, since its inception, ECOSF has transformed itself into […]…Read More
NBP and Karandaaz Join Hands for a Stronger Digital Financial Ecosystem
September 7th, 2017 | No Comments
PR: National Bank of Pakistan (NBP) and Karandaaz Pakistan have joined hands to create a more robust digital financial ecosystem in Pakistan through implementation of an Application Programming Interface (API) management platform for NBP. This technology platform implementation is focused particularly on digitizing Government to Person (G2P) and Person to Government (P2G) transactions. Mr. Azfar Jamal, Executive […]…Read More
Consultative session on financial ecosystem by SCEP
July 20th, 2017 | No Comments
The Securities and Exchange Commission of Pakistan (SECP) has organized an informative session at its head office to consult about agricultural warehousing regulations and commodities-based collateral and financing ecosystem. Several stakeholders from the State Bank of Pakistan, officials from the ministry of agriculture has attended the session along with others such as Zarai Taraqiyati Bank, […]…Read More
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