Karachi, August 19, 2019: Bank Alfalah Limited (BAFL) announced earnings on Monday for the first half of Current Year (1HCY19) below expectations at Rs 6.5 billion (EPS: PKR 3.63), depicting a YoY uptick of 4 percent. According to Arif Habib Research on a sequential basis (EPS: PKR 1.84) the bank posted a meagre 3 percent QoQ…
MCB Bank continues strong fiscal performance with 14pc growth in Profit before tax for the six months ended June 30, 2019 – Maintains industry’s highest quarterly payout of Rs. 4/share. Lahore, August 7, 2019: The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha, on August 07, 2019 to…
Karachi, April 6, 2019: Telenor Microfinance Bank and Samsung Electronics have signed a Memorandum of Understanding (MoU) for disbursement of payments to Samsung’s channel partners through the bank’s digital banking service, Easypaisa. The partnership will enable Samsung Electronics to make payments to its retailers using Easypaisa’s reliable and secure network. Through this efficient disbursement solution, Samsung’s…
Karachi, August 5, 2019: True to its principle of preserving the natural environment, Khushhali Microfinance Bank has taken the initiative of the plantation and maintenance of 6,000 plants at Changa Manga, near Lahore. This initiative has been taken in partnership with the Punjab Forest Department. The Tree Plantation, which covers 8.5 acres, will entail plantation of…
Karachi, July 24, 2019: The Board of Directors of Telenor Microfinance Bank has appointed Mohammad Mudassar Aqil as the bank’s new CEO. He will officially join the bank on 1st November, 2019, subject to all regulatory approvals. Mudassar has been actively involved in the banking and microfinance industry. He has served as Chief Executive Officer…