Pakistan’s Credit Card Gap Draws Alibaba’s Attention as Banks Face a Defining
With fewer than 3.1 million credit cards in a population of 240 million, Pakistan’s consumption-driven economy faces a structural gap. Alibaba’s entry via Koko Tech signals rising fintech competition as banks confront a critical choice.
Pakistan SME Lending Surge Under Risk Guarantee Scheme Raises Questions Over Credit Quality and Market Discipline
Pakistan’s SME lending has expanded rapidly under the SBP’s Risk Coverage Scheme, raising both financial inclusion and concerns over credit discipline. This analysis explores how guarantee-based lending is reshaping banking behaviour, risk allocation, and the long-term stability of the SME credit market.
JazzWorld Pushes Pakistan’s Digital Economy Agenda at IMF–World Bank Spring Meetings in Washington
JazzWorld, led by CEO Aamir Ibrahim, engages with global financial institutions and policy stakeholders at the IMF–World Bank Spring Meetings to promote Pakistan’s digital infrastructure, fintech growth, and investment-led digital economy transformation.
Mobilink Bank Advances ESG-Led Transformation to Lead Sustainable Banking in Pakistan
Mobilink Bank accelerates ESG-driven growth with renewable-powered branches, green financing, digital inclusion, and initiatives supporting women and small businesses across Pakistan.
ACE Money Transfer Partners with Askari Bank to Expand Digital Remittance Channels in Pakistan
ACE Money Transfer and Askari Bank form a strategic partnership to enhance digital and formal remittance services in Pakistan, improving access for overseas Pakistanis.
Pakistan Banks Association Warns High Taxation on Banks Risks Slowing Digital and Credit Growth
Pakistan Banks Association says banking sector has become the largest contributor to government revenue due to elevated taxes, warning that high corporate taxation is constraining growth, investment, and financial inclusion.
Faysal Bank, Waseela Pakistan Sign MoU to Deliver Shariah-Compliant Digital Financing to Farmers
Faysal Bank partners with Waseela Pakistan to provide fast-track, Shariah-compliant agricultural financing under the Electronic Warehouse Receipt framework, expanding digital access for farmers.
ABHI Microfinance Bank Signs MoU with Jaffer Business Systems to Advance AI-Driven Digital Banking
ABHI Microfinance Bank Signs MoU with Jaffer Business Systems to Advance AI-Driven Digital Banking
Faysal Bank Teams Up with Waseela Pakistan to Expand Shariah-Compliant Digital Financing for Farmers
Faysal Bank and Waseela Pakistan sign MoU to deliver fast-track, Shariah-compliant financing via Electronic Warehouse Receipts, improving transparency, efficiency, and access to digital agricultural credit.
Pakistan, Visa strengthen partnership to boost digital payments and financial inclusion
Pakistan and global payments leader Visa explore deeper collaboration to expand secure digital payments, strengthen financial inclusion, and support the country’s transition toward a modern digital economy.