Apna Microfinance Bank cuts losses in 2025 but profitability remains out of reach
Apna Microfinance Bank reduces its annual losses and improves key financial indicators in 2025, but cumulative deficits and merger talks highlight ongoing challenges in Pakistan’s microfinance sector.
Mobilink Microfinance Bank Set to Acquire Apna Microfinance Bank in Major Fintech Consolidation
Mobilink Microfinance Bank announces a strategic move to acquire shares and control of Apna Microfinance Bank, aiming to expand its digital banking footprint in Pakistan.
Mobilink Microfinance Bank, JazzCash, and 1LINK Collaborate on PayPak Cobadge and Credit Cards
Mobilink Microfinance Bank, JazzCash, and 1LINK held a strategic session to advance PayPak digital payment solutions, including cobadge cards, PayPak Pink, and PayPak Credit Card, engaging senior fintech representatives.
Zehra Khalikdina Appointed Chief Ethics & Compliance Officer at Mobilink Microfinance Bank
Mobilink Microfinance Bank (MMBL) has appointed Zehra Khalikdina as its new Chief Ethics & Compliance Officer. With her wealth of experience in compliance and ethical leadership, Khalikdina is set to enhance the bank’s commitment to transparency and responsible banking.
SECP Partners with Digital Banks for Same-Day Corporate Accounts to Boost Startups
The Securities and Exchange Commission of Pakistan (SECP) collaborates with Mobilink Microfinance Bank, Easypaisa Bank, and Raqami Islamic Digital Bank to enable same-day corporate account opening for newly registered companies, promoting financial inclusion and a startup-friendly digital ecosystem.
Mobilink Microfinance Bank Officers Receive Specialized CRS and FATCA Compliance Training from NIBAF
Mobilink Microfinance Bank (MMBL) officers participated in a focused CRS and FATCA training conducted by NIBAF, enhancing compliance with international tax reporting standards and regulatory alignment.
1LINK Onboards Element Payment Solutions as Aggregator on 1BILL Platform with MMBL as Settlement Bank
1LINK has onboarded Element Payment Solutions as an Aggregator on its 1BILL platform, with MMBL as the settlement bank. The collaboration enables EPS sub-billers’ customers to make seamless, secure payments, reinforcing Pakistan’s digital payment ecosystem and financial inclusion initiatives.
RCCI and Mobilink Microfinance Bank Host Training Session to Empower Women Through Financial Resilience
RCCI collaborates with Mobilink Microfinance Bank to organize a training session aimed at strengthening financial resilience among women entrepreneurs, supporting inclusive economic participation and financial literacy.