Bank Alfalah continues with prudent provisioning leading to PAT of Rs. 8.3 billion

Karachi, October 21, 2020: The Board of Directors of Bank Alfalah Limited in its meeting held on October 21, 2020, approved the Bank’s unaudited condensed interim financial statements for the period ended September 30, 2020. The Bank’s operating profit at Rs. 20.614 billion showed a growth of 11.4 percent compared to the corresponding period of…

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TPL Life and Mobilink Microfinance Bank Ltd. partner to provide protection against COVID-19

Karachi, October 20, 2020: TPL Life, a leading insurtech in Pakistan, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank to launch “Corona Tahaffuz,” an insurance product designed for MMBL’s customers and will be available through the banks’ branches across Pakistan. Following the collaboration, MMBL customers will have access to comprehensive insurance…

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National Bank of Pakistan Wins at 8th FPCCI Achievement Award

Karachi, October 01, 2020: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) during its 8th FPCCI Achievement Awards – 2020 has bestowed two achievement awards to National Bank of Pakistan (NBP) for its outstanding services in the categories of ‘Contribution to National Economy (Corporate & Investment Banking)’ and ‘Best Corporate & Investment Banking…

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Telenor Microfinance Bank selects PTCL to expedite bank’s Digital Transformation journey

Karachi, September 30, 2020: Pakistan Telecommunication Company Limited (PTCL) and Telenor Microfinance Bank Limited have signed an agreement for provision of physical and Virtual Data Center (VDC) Hosting Services bundled with industry’s leading Managed Security solution. Zarrar Hasham Khan, Chief Business Services Officer, PTCL and Khurram Gul Agha, Chief Information Officer & Operations Support, Telenor…

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