KARACHI, November 08 2024: The Governor of the State Bank of Pakistan (SBP) emphasized the need to substantially increase credit allocation to projects that enhance climate resilience and promote environmentally sustainable growth. “It is essential that we leverage our financial sector’s potential to align with the global shift toward sustainability, thereby contributing to both our…
ISLAMABAD, November 07 2024: Mobilink Bank, Pakistan’s leading digital microfinance institution, was celebrated with multiple prestigious awards at VEON Ignite 2024. This annual gathering brings together over 200 global leaders from VEON’s extensive network, focusing on driving digital innovation and future strategies. Mobilink Bank’s accomplishments in digital financial services, community investment, and Diversity, Equity, and…
KARACHI, November 07, 2024: The Securities and Exchange Commission of Pakistan (SECP) held a press briefing today, at its Karachi Office in Islamabad on the upcoming Pakistan Start-up Summit. The event, scheduled for November 11th and 12th, 2024, at the Pearl Continental Hotel in Karachi, promises to be a transformative platform for Pakistan’s entrepreneurial ecosystem….
KARACHI, November 07, 2024: Garaj, Pakistan’s leading cloud services and cybersecurity solutions provider by Jazz, has partnered with Standard Chartered Bank to create a regional availability zone in Pakistan. This strategic initiative will enhance Standard Chartered’s operational resilience and customer experience across multiple countries, reinforcing its commitment to digital transformation and streamlined global data centre…
KARACHI, November 06 2024: BankIslami, a leading Islamic financial institution in Pakistan, has launched a significant initiative to promote its riba-free (interest-free) banking services to individuals of diverse backgrounds and faiths underscoring the bank’s commitment to ethical and inclusive banking practices. Riba, or interest, is prohibited in many religions due to its perceived unjust nature….