Business
Faysal Islami launches ‘Noor’ Card
Karachi, February 15, 2021: Faysal Bank Limited, Pakistan’s fastest growing Islamic Bank has launched “Noor” Card – a Shariah compliant alternative to conventional credit cards, facilitating its Islamic banking consumers with a range of benefits and Halal offers across various categories of spend – powered by Mastercard. Taking the different needs of its customers into…
SBP eases applicants availing housing loans Governments subsidized scheme through personal guarantees
Karachi, February 15, 2021: Currently applicants face difficulties in obtaining housing finance, especially for low cost housing, as banks are reluctant to take the risk of the house not being completed or documentation completion. The completion of housing unit and mortgage creation takes time. In order to address this issue for applicants and banks, the…
HABIBMETRO banks joins roshan digital account
Karachi, February 12, 2021: Habib Metropolitan Bank Limited (HABIBMETRO) has joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan. Roshan Digital Accounts provide innovative banking solutions to millions of Non-Resident Pakistanis (NRPs) and Resident Pakistanis (RPs) with declared offshore assets, who need a secure and convenient facility, to undertake banking-payments, fund-transfers and…
Tech startup VINNCORP secures its firsts round of funding
Karachi, February 11, 2021: VINNCORP, a digital tech startup, has secured its first around of funding from HRSG, a leading people and business solutions firm. The six figure initial investment of US dollars 100000 from HRSG will help enhance VINNCORP’s reach both locally and globally. Commenting on the occasion, Mr. Khurram Gulistan founder and CEO…
Global Study: People Trust Robots More Than Themselves with Money
Karachi, February 10, 2021: 2020 has changed our relationship with money and people now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance expert Farnoosh Torabi. The study of more than 9,000 consumers and business leaders in 14 countries found that the COVID-19 pandemic has…