Pakistan Banks’ Advance-to-Deposit Ratio Hits 47% Amid Aggressive Lending
The Advance-to-Deposit Ratio (ADR) of Pakistan’s banking sector reached a significant 47% as of November 15, 2024, reflecting a robust…
TouchPoint’s CADEPO Revolutionizes Branch Operations and Customer Experience in Pakistan’s Banking Sector
TouchPoint, a leading provider of self-service solutions in Pakistan, is making waves in the banking industry with its cutting-edge Cash…
BOP TAQWA Islamic Banking Wins Best Islamic Retail Banking Award in Pakistan 2024
BOP TAQWA Islamic Banking has been awarded the title of Best Public Sector Bank for Islamic Retail Banking in Pakistan…
Mobilink Bank Wins ‘Best Microfinance Bank’ Award for Digital and Financial Inclusion
Mobilink Bank, Pakistan’s leading digital microfinance institution, has been recognized as the ‘Best Microfinance Bank’ at the Pakistan Banking Awards…
OPay Acquires Finja Private Limited to Transform Pakistan’s Fintech Landscape
OPay International, a global leader in financial technology, has officially acquired Finja Private Limited, a licensed Electronic Money Institution (EMI)…
Meezan Bank Promotes Islamic Finance Careers at ICAP Trainees’ Induction Fair
Meezan Bank took part in the “ICAP Trainees’ Induction Fair” at the Institute of Chartered Accountants of Pakistan (ICAP) in…
Bank Alfalah Partners with IMSciences to Boost Islamic Finance Innovation and Talent Development
Bank Alfalah has entered into a strategic partnership with the Institute of Management Sciences (IMSciences) to drive advancements in Islamic…
Banks Ramp Up Lending to Avoid 15% Incremental Tax
Banks have managed to increase their Advance-to-Deposit Ratio (ADR) to 44 per cent in a bid to avoid the 15pc…
Meezan Bank and CashNow Collaborate to Launch Pakistan’s First Digital Islamic Supply Chain Finance Solution
Meezan Bank, Pakistan’s largest Islamic financial institution, has partnered with CashNow, a pioneering supply chain finance platform, to create the…
Abhi and TPL Corp Secure SBP Nod for FINCA Microfinance Bank Acquisition to Boost Financial Inclusion in Pakistan
In a milestone move for Pakistan’s financial sector, Abhi Private Limited and TPL Corp Limited have received approval from the…