Tahir Waquar Ali Appointed Chief Digital and Information Officer at Khushhali Microfinance Bank
Khushhali Microfinance Bank Limited appoints Tahir Waquar Ali as Chief Digital and Information Officer to drive technology strategy and financial inclusion initiatives.
SECP Approves Additional Pension Funds for Balochistan and Punjab to Modernize Retirement Systems
Securities and Exchange Commission of Pakistan sanctions new pension funds for Balochistan and Punjab to reduce long-term liabilities and enhance employee benefits.
National Bank of Pakistan Launches WhatsApp Banking to Drive Digital Inclusion
NBP introduces WhatsApp banking services allowing customers to check balances and request statements through the popular messaging app.
SECP Eases Investment Rules with Multiple Sahulat Account Access
The Securities and Exchange Commission of Pakistan introduces major reforms allowing investors to open multiple Sahulat Accounts across different brokerage houses.
Meezan Bank Expands Merchant Network and Raast Integration to Drive Cashless Economy
Meezan Bank scales its digital payment strategy by onboarding 140,000 new merchants and integrating Raast to accelerate Pakistan’s transition to a formal economy.
State Bank of Pakistan Introduces Independent Digital Banking Framework for Teenagers
The SBP launches a landmark framework allowing 26 million teenagers to own and operate independent bank accounts and digital wallets to boost financial literacy.
SECP Grants License to Punjab Life Insurance Company as Pakistan First Provincial Insurer
The Securities and Exchange Commission of Pakistan has licensed Punjab Life Insurance Company to manage social health insurance and expand digital financial protection across the province.
Kazi Abdul Muktadir Appointed as CEO of Hilal Financial Services
Hilal Financial Services names former State Bank Deputy Governor Kazi Abdul Muktadir as CEO to lead its fintech and digital distribution expansion in Pakistan.
Bank of Punjab and Surfin Meta Sign Landmark Digital Finance Agreement
BOP partners with Surfin Meta Digital Technology to integrate AI-driven risk modeling and advanced digital financing solutions for a stronger Pakistan fintech ecosystem.
SBP Expands Roshan Digital Accounts to All Foreign Individuals and Corporate Entities
The State Bank of Pakistan has amended its onboarding framework to allow all non-resident individuals and foreign companies to open Roshan Digital Accounts.