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…
Karachi, July 15, 2019: Muhammad Amjad Saqib, the founder of the Islamic microfinance company, Akhuwat, met with Alan Hatfield, executive director for strategy and development at ACCA’s London headquarters on 12 July 2019. Saqib was in London to speak at an event organised at the House of Lords, the upper house of the Parliament of the…
Islamabad, April 23, 2019: Aiming to further its efforts towards bringing the unbanked and underbanked into the fold of financial services, Pakistan Microfinance Network (PMN) has signed an agreement with Telenor Microfinance Bank (TMB), in the presence of the management of both institutions, to digitize Pakistan’s microfinance industry through ‘Digital Services Platform (DSP).’ PMN is…
Karachi, April 15, 2019: Khushhali Microfinance Bank Limited, the largest microfinance bank in Pakistan, announced that they have gone live with the world’s leading Core Banking System along with Financial Crime mitigation (FCM) and Analytics offered by Temenos (the software specialist for banking and finance). The system is implemented by National Data Consultant (NdcTech), a…