Karachi, January 01, 2020: HBL has become the first Pakistani bank to be awarded the much coveted branch license to offer financial services to clients in Beijing, China’s capital city. The branch license was awarded by China Banking and Insurance Regulatory Commission (CBIRC) in December 2019. The preparatory work of setting up the HBL Beijing…
Karachi: December 2, 2019: Dawlance is the technology-leader in Pakistan’s home-appliances market. It is a fully owned subsidiary of Arcelik – the largest Turkish white goods enterprise, which is also the third-largest white goods brand by Sales in Europe. Dawlance has now entered a partnership with Meezan Bank for providing an innovative Cash-Management solution to…
Islamabad, November 29, 2019: As part of the CEO Partnership for Economic Inclusion (CEOP), Pakistan’s leading financial institution, Telenor Microfinance Bank, and PepsiCo, the leading food and beverage company, signed a Memorandum of Understanding for the launch of Merchant to Distributor payments. The two companies signed the contract in the presence of H.M. Queen Máxima…
Karachi, November 26, 2019: In an effort to promote Digital Financial Services (DFS) in Pakistan, National Institutional Facilitation Technologies (NIFT), an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, has signed an agreement with Bank Alfalah, one of Pakistan’s leading and progressive banks, to facilitate settlement services for mobile/electronic commerce payments (Digital Commerce…
Karachi, November 26, 2019: JS Bank and TPL Life have joined hands to offer international health care coverage to JS Bank’s customers through Globewell backed by AXA. The partnership has further built JS Bank’s standing as a leading distributor of insurance & wealth management solutions and TPL Life’s position as an innovator in the provision…