Ahsan Jamal Appointed as Chief Digital Officer to Drive Bank’s Digital Transformation
The bank welcomes Ahsan Jamal as its new Chief Digital Officer, bringing extensive expertise in digital banking, payments, and fintech to accelerate innovation, enhance customer experiences, and strengthen its role in the digital financial ecosystem.
Paysys Labs Expands Team with New Talent to Drive Innovation and Growth
Paysys Labs welcomes new professionals to its growing team, aiming to strengthen innovation, deliver cutting-edge financial technology solutions, and take on new challenges in Pakistan’s evolving digital payments ecosystem.
IPL Welcomes New Talent to Strengthen Self-Service Banking Innovation in Pakistan
IPL has welcomed new team members to its growing family, reinforcing its mission to drive innovation and excellence in self-service banking solutions across Pakistan.
Easypaisa Appoints Harris Jamali as Group Head of Strategy & Transformation
Easypaisa Digital Bank has appointed Harris Jamali as Group Head of Strategy & Transformation, bringing over 16 years of global experience to lead innovation and organizational growth.
GIKI and HBL Join Forces to Drive Innovation, Future Talent, and Sustainable Development in Pakistan
GIKI and HBL have embarked on a strategic collaboration to accelerate innovation, bridge the industry-academia skill gap, and invest in sustainable development, focusing on future-ready technologies like EVs, blockchain, and cybersecurity.
AJK Bank Embarks on Major Digital Transformation with International Tech Partnership
Bank of Azad Jammu & Kashmir joins hands with global tech leaders to implement cutting-edge core banking and digital solutions, accelerating its journey toward a fully digital banking ecosystem.
Modest Growth in SBP Reserves: A Critical Juncture for Pakistan’s Digital Economy
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a marginal increase of $46 million, reaching $11.721 billion for the week ending June 13. This modest rise leaves a significant gap against the central bank’s $14 billion target for June 30, raising questions about immediate economic stability and potential implications for the burgeoning digital finance sector.
Pakistan’s KSE-100 Rebounds with Significant Gains Amidst Global Volatility
The Pakistan Stock Exchange (PSX) witnessed a strong resurgence today, with its benchmark KSE-100 Index climbing over 600 points, signaling renewed investor confidence despite ongoing geopolitical tensions in the Middle East. This positive momentum highlights the resilience of key sectors, including those with significant digital and technological integration, amidst a fluctuating global economic climate.
Fiscal Rebalance: FBR Moves to Align Bank Taxation with Digital Economy Needs
The Federal Board of Revenue (FBR) in Pakistan is pushing to remove the special tax privileges extended to banks under the Seventh Schedule of the Income Tax Ordinance 2001. This proposed shift aims to bring banks under the normal corporate tax regime, potentially impacting their digital finance strategies and operational models as the nation seeks to broaden its tax base.
Optimizing Global Commerce: NIBAF Elevates Bank Officer Skills in Trade Risk Profiling
NIBAF Pakistan recently hosted a specialized training program on Trade Risk Profiling at its Karachi Campus. Led by seasoned expert Mr. Salim Thobani, the session equipped commercial bank officers with advanced techniques to navigate the complexities and inherent risks of international trade, crucial for enhancing digital trade finance frameworks.