Telemart and JingleCred Partner to Launch Smartphone Financing for Masses in Pakistan
Telemart partners with JingleCred to offer smartphone financing in Pakistan through CNIC-based installment plans, unlocking access to digital services and financial inclusion for millions.
SECP Approves Digital Lending License for Foremost Financial Services, Paves Way for Instant Finance NBFC Entry
SECP has issued an NBFC license to Foremost Financial Services for digital nano-lending and approved Instant Finance’s entry into the sector, signaling growing investor confidence and advancing digital financial inclusion in Pakistan.
easypaisa Digital Bank Reports Rs. 3.64 Billion Profit Before Tax in H1 2025 Amid Strong User Growth
easypaisa digital bank has reported a profit before tax of Rs. 3.64 billion for the first half of 2025, reflecting 39.4% growth. The surge was fueled by higher digital lending, rising transaction volumes, and strong customer adoption, with active users crossing 18.2 million and deposits reaching Rs. 94.7 billion.
PBA and SECP Host Consultative Workshop to Strengthen Bank-Capital Market Collaboration
PBA and SECP held a consultative workshop in Karachi on unlocking capital market potential for banks, with Finance Minister Muhammad Aurangzeb as Chief Guest. Industry leaders and regulators discussed strengthening collaboration, diversifying financing avenues, and fostering sustainable economic growth.
Former JS Bank IT Head Joins Bank Islami Aik Digital as CIO to Drive Faith-Based Tech Transformation
Former JS Bank IT head takes on new role as Chief Information Officer at Bank Islami Aik Digital, aiming to establish world-class technology infrastructure and strengthen Islamic, ribah-free digital banking in Pakistan.
SECP Launches Capital Market Development Fund to Boost Investor Literacy and Market Growth
SECP has operationalized the Capital Market Development Fund (CMDF) with contributions from PSX, NCCPL, CDC, and PMEX to enhance financial literacy, expand outreach, and strengthen Pakistan’s capital markets through investor education and capacity building.
NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah-Compliant Finance
NIBAF Pakistan concluded the six-day Islamic Banking Certificate Course – IBCC-73 in Karachi, training SBP and commercial bank officers in Shariah-compliant financial practices to strengthen skills and support the growth of Islamic banking.
NIBAF Launches Banking Literacy Development Program to Strengthen Financial Awareness
NIBAF Pakistan, in collaboration with Aga Khan University, held a Banking Literacy Development Program on August 18, 2025, to enhance community-level financial awareness, focusing on inclusive growth, digital finance adoption, and sustainable development.
Mobilink Bank Transforms Core Banking with Temenos R23 Upgrade and Systems Limited Partnership
Mobilink Bank has upgraded to Temenos’ cloud-native R23 core banking platform in partnership with Systems Limited, enhancing scalability, security, and digital services while reinforcing its role in driving financial inclusion in Pakistan.
Meezan Bank Hosts PayPak Hope Engagement Session at Mardan Branch
Meezan Bank Limited hosted a PayPak Hope Engagement Activity at its Mardan Branch, aiming to promote awareness of Pakistan’s local payment card scheme, support financial inclusion, and encourage adoption of secure digital banking practices.