Search results for "bank"

World Bank hails Punjab’s Citizen Feedback Monitoring Program as a “Force for the public good”

Punjab Government’s Citizen Feedback Monitoring Program (CFMP), which allows citizens to voice their concerns over government services, has been...

Apr 7 · 54 sec read >

Damning World Bank report says 30% Pakistanis will slip into poverty & food insecurity will triple

A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while...

in News
Apr 7 · 58 sec read >

Japan’s central bank starts experimenting with digital currency

The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency,...

Apr 5 · 49 sec read >

Pakistan’s GDP to grow 1.3% in FY2021: World Bank

Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a...

in News
Mar 31 · 1 min read >

Ex-IMF official & State Bank’s current governor, Raza Baqir calls for an end to SBP’s accountability

The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt,...

in News
Mar 27 · 1 min read >

Internet & Mobile banking transactions more than double – up by 113%, with 44.2 million cards issued

The State Bank of Pakistan (SBP) has announced that Internet & mobile banking transactions more than doubled in Q2FY21...

in News
Mar 19 · 1 min read >

SBP permanently removes charges for Internet and mobile banking services

The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for...

in News
Mar 11 · 1 min read >

NIC partners with Allied Bank to conduct a Fintech Hackathon

The NIC (National Incubation Centre) has announced to hold a hackathon on Fintech titled “Hacktivate 4.0”, which will be...

Mar 11 · 46 sec read >

National Incubation Centre collaborates with Allied Bank to work in the fintech space

In a tweet sent on Tuesday, the National Incubation Centre announced that it had signed an MoU with Allied...

in News
Feb 23 · 43 sec read >

SBP orders banks to enable fully interoperable digital payment options

The State Bank of Pakistan (SBP) has issued directives to further facilitate customer repayment options on Alternate Delivery Channels...

in News
Feb 22 · 43 sec read >

Bank deposits increase by 16.5% in one year: SBP

Total deposits in the nation’s banks grew by 16.5% over the past year to Rs17.08 trillion in January 2021,...

in News
Feb 12 · 1 min read >

Banks in Pakistan introduce ATM receipt fee

A few banks in the country have started charging an unannounced fee on the receipt following cash withdrawal from...

in News
Feb 10 · 1 min read >

Govt seeks loans worth $12bn from World Bank

The Government of Pakistan is looking forward to secure loans amounting to $12 billion from the World Bank over...

in News
Jan 26 · 1 min read >

Pakistan ranks 2nd in South Asia in terms of ease of starting a business: World Bank

Pakistan has improved its position in the World Bank’s Ease of Doing Business Index for the second year in...

in News
Jan 15 · 1 min read >

A complete guide to opening a Roshan Digital Bank Account

The State Bank of Pakistan recently announced a new banking solution for Non-Resident Pakistanis called the Roshan Digital Account....

Jan 10 · 2 min read >

World Bank predicts 0.5% growth for Pakistan’s economy in 2021 fiscal year

The World Bank’s latest report on the impact of the coronavirus on South Asian economies has predicted that Pakistan’s...

in News
Jan 6 · 1 min read >

HEC’s World Bank funding to be cancelled if Rs. 2.27b grant not approved

A supplementary grant worth Rs. 2.27 billion has been sought out by the Higher Education Commission (HEC) of Pakistan...

Dec 30 · 44 sec read >

SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country

In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State...

in News
Dec 22 · 2 min read >
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SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion

Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan...

in News
Dec 19 · 1 min read >
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World Bank provides an additional $304 million loan for development of Punjab

The World Bank (WB) has just approved a loan of $304 million for the Punjab Resource Improvement and Digital...

in News
Dec 17 · 44 sec read >
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State Bank of Pakistan finally grants SadaPay approval to begin pilot operations in 2021

The State Bank of Pakistan has granted permission to fintech startup SadaPay to begin pilot operations next year. The...

Dec 16 · 56 sec read >

MMBL, the only microfinance bank in the industry to have maintained a ‘Stable Outlook’, not included on PACRA’s Watchlist

Mobilink Microfinance Bank (MMBL), the largest digital bank in Pakistan with over 700,000 traditional individual and micro-enterprise loans disbursed,...

Dec 11 · 49 sec read >

Pakistan to receive $300 million from the World Bank for the health sector and natural disaster planning

In a meeting on Tuesday, the World Bank’s Board of Executive Directors approved a $300 million-dollar financial scheme for...

in News
Dec 9 · 1 min read >

Mobile banking grows rapidly due to COVID-19

The State Bank of Pakistan released a report this week on the Payments Systems Review for July-September. The report,...

in News
Dec 9 · 50 sec read >