Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU)… Read More
Avanza Premier Payment Services & Summit Bank Partner for Online Transactions Via Payfast
Avanza Premier Payment Services (APPS) has signed an agreement with Summit Bank to enable Payfast, APPS’ Internet payment gateway, providing… Read More
U Microfinance Bank Set to Expand Its Branch Network to 200
The management of U Microfinance Bank plans to expand its branch network by 60 which will increase its overall touch-points… Read More
Avanza Premier Payment Services Partners With NRSP Bank for PayFast Payment Gateway
Avanza Premier Payment Services (APPS), an emerging financial technology company, and NRSP Microfinance Bank, one of the largest microfinance banks… Read More
Microfinance Banks Now Boast 30 Million Saving Accounts in Pakistan
Microfinance sector has been growing at a handsome growth rate during the past few years as its number of savers… Read More
PTCL Injects Rs. 4 Billion in U Microfinance Bank to Implement Expansion Plans
Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for a PKR 4 Billion Unsecured Subordinated Debt Facility (Tier 2 capital)… Read More
SBP Orders Branchless Banks To Partner With Third Party Financial Institutions
SBP has made it mandatory for commercial and microfinance banks and telecom operators to partner with a financial institution as… Read More
Meezan Bank and NayaPay Join Hands to Accelerate Digital Payments in Pakistan
A Memorandum of Understanding (MoU) was signed between Meezan Bank Limited and NayaPay Pvt Ltd. — an upcoming financial service… Read More
Khushhali Bank Limited Declared “Best Microfinance Bank” at Pakistan Banking Awards 2018
On 12th November 2018, Khushhali Microfinance Bank Limited has won the accolade of “Best Microfinance Bank” at the third Pakistan Banking… Read More
CCP Approves Alipay’s Acquisition of Easypaisa
Alipay has secured the first mover advantage in the online commerce and digital banking in Pakistan as the Competition Commission… Read More
E-banking Transactions Reach Rs. 47.4 Trillion in FY2018
Transactions performed through e-Banking channels like ATMs, mobile phone banking, real-time online banking (RTOB), POS, and internet banking totaled 765.5… Read More
Easypaisa Reaches 1 Million Monthly Active Users Milestone
Easypaisa has achieved yet another milestone in the form of one million monthly active customers. Easypaisa app offers convenience to… Read More
