ISLAMABAD ( BMZ REPORT ) The boards of directors of NIB Bank and MCB Bank have decided to merge the two banks by way of shares swap agreement between the owners and shareholders of the two banks. This was stated by the official communiqué of the two banks. This developmentRead More →
ISLAMABAD ( BMZ REPORT ) Senate Standing Committee on commerce in its meeting was told that the board of directors of Exim bank is now in place and a consultancy firm will be soon hired to prepare the manual and business plan for the bank. State Bank of Pakistan willRead More →
ISLAMABAD ( BMZ REPORT ) Mobilink Microfinance Bank Limited (MMBL) has become the first microfinance bank in Pakistan to launch Internet Banking for its customers. With TPS as its trusted technology partner for this digital banking feature, the bank is enabling its customers to process key financial and non-financial transactionsRead More →
KARACHI ( TARIQ REPORT ) Bank Alfalah,Pakistan’s premier banking institution, has struck a strategic deal with Master card to capitalize on its well-known rewards system in order to develop a first-of-its-kind enterprise-level loyalty and rewards program in Pakistan. Master card’s reward system provides a cutting-edge experience through a robust, secureRead More →
KARACHI ( TARIQ REPORT ) Employees Old-Age Benefits Institution (EOBI) & Bank Alfalah celebrated successful migration of 200,000 EOBI pensioners to Bank Alfalah’s convenient Wallet Accounts in a vibrant event at a local hotel in Karachi. The project is of paramount importance for thousands of EOBI pensioners whose lives haveRead More →
KARACHI ( TARIQ REPORT ) Pakistan’s premier banking institution, Bank Alfalah has entered into a strategic partnership with prominent Chinese Bank, Industrial and Commercial Bank of China Limited (ICBC), Karachi Branch for cooperation in several areas of banking and finance. The MoU highlights conceptual framework and guiding principles for cooperationRead More →
KARACHI ( TARIQ REPORT ) Bank Alfalah announced its results for the nine months period ended September 30, 2016 with profit after taxation reported at Rs. 6.266 Billion – improving by 4 percent against the corresponding period last year. The Bank’s earnings per share were reported at Rs. 3.93 asRead More →
KARACHI ( TARIQ REPORT ) Out of the three young designers who showcased their dazzling collections while contending for the Bank Alfalah Rising Talent Award on the opening day of the PFDC Bridal Week 2016, Mariam Amjad was declared the new Bank Alfalah Rising Talent at the event’s closing. MariamRead More →
LAHORE ( HAFEEZ REPORT ) Three up-and-coming young talents in fashion showcased their collections while vying for Bank Alfalah Rising Talent award at the opening of the PFDC Bridal Week today. The Rising Talent initiative, holding the apt tagline ‘Discovering the Potential of Pakistan,’ aims to motivate, inspire, and recognizeRead More →
KARACHI ( TARIQ REPORT ) Taking a major stride toward its financial inclusion goals in the country, Bank Alfalah has joined hands with Special Communications Organization (SCO) for the launch of its branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan. A brand envisioned as ‘S-Paisa,’ Bank Alfalah’s branchlessRead More →
KARACHI ( TARIQ REPORT ) To facilitate buyers of sacrificial animals ahead of EidulAdha, Bank Alfalah has installed a banking booth at the region’s largest Sohrab Goth cattle market. Termed ‘Payment on Wheels,’ the facility will help the visitors and buyers make payments and draw/transfer fundseasily and securely on theRead More →
KARACHI ( TARIQ REPORT ) In line with its commitment to facilitate customers in every possible way, Bank Alfalah has partnered with Pak Suzuki Motor Company Limited (PSMCL) to offer ‘Finance Arrangement Program’ to their extensive customer base. The program will cater to the evolving financial needs of mutual customersRead More →