State Bank of Pakistan (SBP) has introduced new stringent regulations for Branchless Banking (BB) companies, asking them to conduct biometric… Read More
Most Debit & Credit Cards in Pakistan Will Stop Working from Today
After plenty of celebrations and parties, the new year has finally started. However, it brings with it bad news for… Read More
BankIslami Becomes First Pakistani Bank to Launch AI for Customers
BankIslami (BI) attempts to embrace technology going forward. BI claims to be the first financial institution in Pakistan to have… Read More
Banks Fail To Meet The Deadline for Issuing Authentic Rs. 50 Notes
A majority of banking companies have failed to meet the deadline to issue machine-based, authenticated Rs. 50 banknotes. They were… Read More
Allied Bank Partners With Golootlo
Allied Bank Limited has signed an agreement to offer Golootlo discounts via myABL Digital Banking App and UPI-PayPak Co-Badged Debit… Read More
Telenor Microfinance Bank Organizes APPCON 2019 for Aspiring Individuals
Telenor Microfinance Bank recently organized APPCON 2019, a digital application development initiative for aspiring individuals in the country. The event… Read More
FBR Refuses Rs. 1.3 Billion Penalties on Banks to be Filed as Expenses
The Federal Board of Revenue (FBR) has refused to treat Rs. 1.3 billion worth of penalties imposed on banks by… Read More
Askari Bank Signs Agreement With NIFT for Digital Financial Services
Askari Bank and NIFT have signed an agreement for digital commerce payments (mobile/electronic) through NIFT’s DFS platform under the brand… Read More
Japanese Yen Added To Asian Clearing Union Mechanism
State Bank of Pakistan has added Japanese Yen as the third Asian Clearing Union (ACU) currency along with USD and… Read More
HBL Will Issue 117 Million Shares for Conversion of Term Finance Certificates
Habib Bank Limited has been given the green signal from State Bank of Pakistan to issue up to 117 million… Read More
Ajman Bank Signs MoU With Avanza Solutions for an Omnichannel Digital Banking Platform
Ajman Bank has entered into an agreement with Avanza Solutions to set up a complete omni-channel platform, consisting of a… Read More
Meezan Bank Achieves Total Assets of Rs. 1 Trillion
Meezan Bank is continuously growing its business in the country and has achieved total assets of Rs. 1 trillion—a significant… Read More
