KARACHI ( PRESS RELEASE ) Bank Alfalah in collaboration with Employees Old Age Benefits Institute (EOBI) initiated the digital model for EOBI pension disbursements in May 2016. This innovative system has provided more than 380,000 pensioners with a convenient and hassle-free process of collecting pensions through Union Pay International poweredRead More →
ISLAMABAD ( PRESS RELEASE ) JS Global Capital Limited (JSGCL), is hosting Pakistan Investment Conference in New York, United States of America. This follows JSGCL’s successful investment conference held earlier this year in London, which supported Pakistan in achieving the Emerging Market status by Morgan Stanley Capital International. The objectiveRead More →
KARACHI ( PRESS RELEASE ) Bank Alfalah and Yayvo.com signed a Memorandum of Understanding, allowing Bank Alfalah customers to conveniently purchase items from one of Pakistan’s biggest e-commerce stores, further enhancing the scope of e-commerce and digital payments in the country. Yayvo.com will integrate Bank Alfalah’s payment gateway and powerRead More →
KARACHI ( MEDIA REPORT ) Top management of HBL is expected to be reorganized as Nauman K Dar, the President and CEO of Habib Bank Limited (HBL) is set to retire on December 31, 2017. The notice sent to the Pakistan Stock Exchange (PSX) explained that after Dar’s retirement, HBL willRead More →
ISLAMABAD ( PRESS RELEASE ) National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Thursday asked anti-graft watchdog to contact Interior ministry to request not to remove name of President of National Bank of Pakistan Saeed Ahmed from Exit Control List (ECL). In a statement NAB chairman said thatRead More →
KARACHI ( PRESS RELEASE ) Telenor Microfinance Bank, has entered into a partnership with Careem Pakistan under which disbursal of payments to their Captains will be carried out through the Bank’s branchless banking platform – Easypaisa. Careem is set to utilize Easypaisa’s extensive network of over 75,000 agents nationwide toRead More →
Profit after tax for the period ended September 30, 2017 reported at Rs. 7.175 Bn KARACHI ( PRESS RELEASE ) The Board of Directors of Bank Alfalah in their meeting held on 25 October 2017, approved the Bank’s un-audited financial statements for the nine months period ended September 30, 2017.Read More →
KARACHI ( PRESS REPORT ) A signing ceremony led by Nauman Ansari (CEO Bank Alfalah) and Dr. Jo Beall (Director Education and Society, British Council Executive Board) was held on 5th October 2017 at British Council Library, Karachi. This ceremony marked the formal initiation of an Operational Alliance for CSRRead More →
ISLAMABAD ( PRESS RELEASE ) JS Bank Limited & Abacus Consulting signed an agreement for the implementation of Apigee, Google Cloud’s API Management Platform. The initiative aims to create a JS Bank led ecosystem where partners, customers, fintech players, and employees can leverage this digital investment and participate in building an APIRead More →
ISLAMABAD ( PRESS RELEASE ) Faysal Bank Limited (FBL), one of the leading banks in Pakistan announced the launch of 0% instalment plan in partnership with SanaSafinaz, a well acclaimed Fashion House of Pakistan. Commenting on this occasion Mr Fouad Farrukh, Head of Retail Banking, Faysal Bank stated, “This businessRead More →
KARACHI ( PRESS RELEASE ) 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 inclusionRead More →
KARACHI ( MEDIA REPORT ) The Department of Financial Services (DFS) has fined Habib Bank and its New York branch $225 million for failure to comply with New York laws and regulations designed to combat illicit financial transactions, announced Financial Services Superintendent Maria T Vullo on Thursday. The new orderRead More →