Karachi, July 08, 2020: Telenor Microfinance Bank has reported revenue of PKR 18 billion for the financial year ended December 31, 2019. This was led by an impressive expansion in the branchless banking customer base of the Bank’s Easypaisa wallet. A two-fold increase in Year-Over-Year wallet accounts was witnessed with more than 3 million increase…
Karachi, June 23, 2020: As the Government of Pakistan continues to assist beneficiaries across the country under the Ehsaas Emergency Cash Disbursement Programme 2020, Bank Alfalah has introduced an innovative solution to cater to benficiaries whose biometric verification is not possible for multiple reasons, thus ensuring support for such beneficiaries for cash withdrawal from their…
Karachi, May 11, 2020: To enable customers to avail banking services during the COVID-19 pandemic, Khushhali Microfinance Bank Limited is constantly working on introducing innovative solutions to meet customer’s daily transactional needs. To make online banking easier for customers, Khushhali Microfinance Bank Limited is now launching mobile banking app for android devices. Khushhali Mobile Banking…
Karachi, May 11, 2020: Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders, making the scheme more facilitative for businesses and creating incentives to prevent layoff of employees under current COVID Pandemic scenario. Many…
Karachi, May 06, 2020: Shahzad Dada has stepped down as the President and CEO and Director of Standard Chartered. He will remain to serve his bank for one more month on the notice period. His resignation has been accepted by the board of directors, according to the official announcement. Shahzad Dada took the decision to…