Systems Limited Reports 60% Surge in Q2 Profit on Strong Tech Exports
Systems Limited reported a 60 percent jump in second-quarter profits driven by rising technology exports, stronger margins, and steady revenue growth across telecom and BFSI segments, reinforcing its position as a leading player in Pakistan’s IT export sector.
Naveed Sultan Urges National Digital Policy for Pakistan to Unlock Fintech Growth and Global Competitiveness
Naveed Sultan, Professor at Imperial Business School and former Citigroup executive, calls for a national digital policy to drive fintech growth, e-governance, and financial inclusion in Pakistan, highlighting the need for an integrated and strategic approach to digital transformation.
State Bank of Pakistan Launches WE Finance Code to Boost Funding for Women Entrepreneurs
The State Bank of Pakistan has rolled out the WE Finance Code, an international program designed to close gender financing gaps and promote economic resilience by increasing funding to women-led businesses across Pakistan.
Dubai Islamic Bank and JazzCash Forge Partnership to Boost Digital Remittances and Support Pakistan’s Freelance Economy
Dubai Islamic Bank Pakistan and JazzCash have announced a strategic partnership to streamline international remittances and expand tailored digital financial solutions, especially for Pakistan’s growing freelance workforce.
Pakistan Security Printing Corporation Merges NSPC to Streamline Operations and Boost Security Printing Services
Pakistan Security Printing Corporation merges National Security Printing Company to consolidate operations, enhance efficiency, and deliver advanced security printing services across Pakistan’s financial ecosystem.
SBP’s Q3 FY25 Report Highlights Major Growth in Digital Payments and E-Commerce Transactions
The State Bank of Pakistan’s third quarterly review for FY25 highlights a robust increase in digital payment adoption, driven by mobile banking, e-commerce, and QR transactions, with digital platforms handling 89% of all retail payments.
Raqami and Visa Join Forces for Pakistan’s Digital Banking Revolution
Raqami Islamic Digital Bank partners with global payments leader Visa to roll out a comprehensive card portfolio, paving the way for inclusive, Shariah-compliant digital financial services in Pakistan and addressing the nation’s significant unbanked population.