Karachi, December 12, 2023: Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz to expand the female agent network in Pakistan. This partnership was signed in the presence of Karandaaz Chairperson Salim Raza, Bank Alfalah President and CEO Atif Bajwa, Karandaaz CEO Waqas ul Hasan, Group Head Digital Banking…
Islamabad, December 06, 2023: Policy rankings of five leading commercial banks in Pakistan “Benchmarking the Sustainability Policies of Banks in Pakistan,” show all five banks have low policy commitments on climate change, human rights, gender equality, and labour rights, while none disclose policies on nature and tax when lending money to companies. Speaking at the…
Karachi, December 06, 2023 : U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has published its financial results for the half year ended 30th, June 2023, at its Board of Directors’ meeting held in Islamabad on November 30th, 2023. During the first half of 2023, the bank reported a revenue of PKR 21.5 Billion with a…
Karachi, November 29, 2023 :On Wednesday, the Pakistani rupee sustained its recovery against the US dollar in the interbank market. As per the State Bank of Pakistan (SBP), the Pakistani rupee appreciated by Re0.12, concluding at Rs285.39 in the interbank market. Forex dealers reported the local currency trading at Rs286.50 in the open market. In…
Karachi: Eastnets, a global provider of compliance and payment solutions for the financial services sector, will host a conference on “Financial Crime in the Digital Age” on November 25 at the Pearl-Continental Hotel in Karachi. The conference will bring together experts, regulators, and industry practitioners to discuss the challenges and trends in combating financial crime…
