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ACCA, Akhuwat to support micro-entrepreneurs, promote financial literacy

Karachi, January 01, 2020: ACCA (the Association of Chartered Certified Accountants) and Akhuwat have signed a Memorandum of Understanding (MoU) which will help micro-entrepreneurs in the country to get access to professional support and develop financial literacy. Both the organisations have agreed to work closely on improving the financial literacy among micro-entrepreneurs who take interest-free loans…

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Faysal Bank sponsors IFN Pakistan to promote Financial Inclusion through Islamic Banking

Karachi, December 19, 2019: One of Pakistan’s leading banks, Faysal Bank Limited (FBL), was amongst the lead sponsors and participants in this year’s IFN Forum Pakistan conference. The day-long conference was held in partnership with the State Bank of Pakistan. The IFN Forum Pakistan conference provides local regulators, market players and interested stakeholders an impartial platform…

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Telenor microfinance bank and PepsiCo enabling simpler access to digital financial services

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…

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NIFT Signs Agreement with Bank Alfalah for Digital Financial Services

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…

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