Posts ByAli Ahmad, Author at
CCP Imposes Rs. 770 Million Penalty on Banks for Charging ATM Withdrawals
By Ali Ahmad | July 3, 2012 9 Comments
The Competition Commission of Pakistan (CCP) has imposed a total penalty in the sum of Rs. 770 million, including Rs. 50 million on 1-Link (Guarantee) Limited and Rs. 50 Million each on its 11 founding member banks and Rs. 10 Million on each of its 17 non-founding member banks for imposing uniform customer charges for ATM cash withdrawal transactions in violation of Section 4 of [...]
Read MoreMobilink Raises Rs. 2 Billion Through Long-Term Loans
By Ali Ahmad | June 30, 2012 10 Comments
Mobilink has raised Rs. 200 crore or Rs. 2 billion through privately placed Term Finance Certificates (TFCs) also known as secured loan raised through institutional investors, said a notice sent to Karachi Stock Exchange. We are yet to ascertain whether this capital injection will be used for network expansion, 3G rollout, investment in branchless banking or for an upcoming acquisition. But we are certain that this fund [...]
Read MoreWaseela Bank Join Hands with Adamjee Life Insurance
By Ali Ahmad | June 20, 2012 No Comments
Waseela Microfinance Bank, which recently got the heavy weight CEO Ghazanfar Azzam, signed a partnership agreement with Adamjee Life Assurance. The signing ceremony was attended by the top managements of Waseela Bank and Adamjee Life. Under this arrangement Adamjee Life will provide various life insurance solutions to Waseela bank customers. Waseela Microfinance Bank, subsidiary of Orascom Telecom Holdings and a sister concern of Pakistan Mobile [...]
Read MoreGet Dell Laptops at Installments from Meezan Bank
By Ali Ahmad | March 6, 2012 38 Comments
Read this post in Urdu Meezan Bank, which was awarded the best Islamic bank in Pakistan in 2011, is now planning to provide consumer finance to DELL brand of laptops. After the announcement of bank’s plan to start 25 new branches in March, Meezan Bank has now joined hands with M/s Unique Technologies for financing of Dell Laptops. A statement issued by the bank said [...]
Read MoreFuture Success of Banking Lies in Effective Use of IT: SBP Notes
By Ali Ahmad | May 30, 2011 No CommentsMr. Yaseen Anwar, Deputy Governor, State Bank of Pakistan says that the future success of banking industry lies in the effective use of information technology and passing on its benefits to banks’ customers in terms of cost, speed and convenience. Delivering his keynote address at the ‘IT & Banking Conference, 2011’ which was jointly organized by SBP and Pakistan Software Export Board at a [...]
Read MoreDjuice Revamped, with ‘Khamoshi ka Boycott’
By Ali Ahmad | February 19, 2011 57 CommentsTelenor Pakistan has revamped its youth brand djuice, with an approach of involving youth to speak up against bad things in our society. Their new tagline is “Khamoshi ka Boycott” Djuice, which was previously known for rocking the youth is going to change the look and feel of the brand by bringing in fun to the lives with a meaning, with a purpose to change [...]
Read MoreDo you Know a Thing Called i-Paid? Someone is Looking for it!
By Ali Ahmad | February 14, 2011 33 Comments
A Sindh Government advertisement, published in today’s Daily Express, requires few devices including some computers, UPS and I-PAIDs. We are yet to ascertain what this iPaid is supposed to be. However, the terms such as 64 GB, WiFi + 3g along with i-Paid, gives me a clue that probably the Sindh Government is looking for iPad, but we are not sure. Can u please advise [...]
Read MoreEngro Rupiya Facebook Page Got Hacked and then Re-Hacked
By Ali Ahmad | February 13, 2011 11 CommentsApparently, the Engro Rupiya of Engro Company has lost its facebook page. According to updated available on Facebook, the page was officially used on 3 back. However, as per latest status update on the page, a Pakistani hacker is claiming that the page was hacked and he had to re-hack it to brings it back. Hacker is now looking for the real admin to give [...]
Read MoreNokia N8 Launched in Pakistan
By Ali Ahmad | October 28, 2010 35 CommentsHighly hyped, 12 megapixeled Nokia’s N8 has at last arrived in Pakistan, well sort of. Device was launched in an event arranged by Nokia in Karachi today. Customers who had pre-ordered the phone with Ufone service centers, are said to receive their phones soon. However, the device would be available at retail stores after one month. Until then, you don’t have any choice but to [...]
Read MoreNokia C3 [Officially] Launched in Pakistan
By Ali Ahmad | October 20, 2010 31 CommentsNokia today officially launched Nokia C3 in Pakistan. Built with social networking in mind, the Nokia C3 is the first device to bring a full QWERTY keyboard to Series 40. People can view, post, comment, share locations and even update their status on networks such as Facebook and Twitter, straight from the homescreen. Nokia C3 offers more of a smartphone features at lower price. To [...]
Read MoreNokia Launches its Recycle Program – a Customer’s Social Responsibility
By Ali Ahmad | October 14, 2010 15 CommentsPakistan has become 86th country in the world where Nokia has launched its recycling program, through a press event in Karachi. “Take Back” program will have recycle boxes at all 9 Nokia Care centers across the country. Along with, there would be 400+ collection points and a mobile van in Karachi to serve urban mobile market. The initiative is launched to invite the mobile phone [...]
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