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Mobilink Bank

Mobilink Bank closes 2023 with 41% increase in MSME disbursements

Islamabad, January 01, 2024 : Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a significant 36% of its total loan portfolio and a noteworthy MSME Growth (YoY) of 41% in 2023. The Bank strongly advocates for social mobility, especially in empowering MSMEs and women across remote rural…

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Q1 of FY2023-24

Rising trend of digital payment in Pakistan’s retail landscape (Q1 FY24)

Quarterly Payment Systems Report for the quarter Q1 of FY2023-24 is released by the State Bank of Pakistan (SBP), highlighting key advancements within the country’s payment ecosystem and providing an inclusive overview of digital transactional activities. As of quarter-end, there were 33 Banks, 11 Microfinance Banks (MFBs), 4 Electronic Money Institutions (EMIs) and 5 Payment…

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New year celebration

Karachi welcomes 2024 with gunfire celebrations, multiple injuries reported

Karachi, January 01, 2024 : Karachi Welcomes 2024 with Aerial Firing, Resulting in 11 Injuries Across the City. Despite warnings from Karachi police, New Year revelers engaged in aerial firing, leading to a seven-year-old child’s injury in Bahadurabad. Additional incidents occurred at Five Star Chowrangi (three injuries), Seaview (two injuries), and single injuries reported in…

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State Bank of Pakistan launches SUNWAI

SBP launches SUNWAI – A facilitative portal for consumer complaints

In continuation of ongoing efforts to strengthen the banking sector’s efficiency and fairness in  complaints handling and to address the issues faced by banking customers in complaints lodgment, the State Bank of Pakistan (SBP) has launched ’Sunwai’ – a customer complaint service portal and app. ‘Sunwai’ serves as a one-window operation for banking customers to…

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