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Category: Banking

Foreign money Notes With Bajwa’s Signature to be Issued From Tomorrow

The State Financial institution of Pakistan (SBP) has introduced that every one new forex notes will bear the signatures of Governor Tariq Bajwa.  ALSO READ Tariq Bajwa Appointed As the New SBP Governor Bajwa was appointed because the governor of the State Financial institution in July 2017, after rapidly climbing the ranks within the business. […]

SBP Asks Banks To Guarantee Agri Credit score Goal of Rs. 1 Trillion in FY18

The State Financial institution of Pakistan (SBP) has directed banks to be sure that their respective targets, together with trade goal of agriculture disbursement of Rs. 1 trillion, is achieved in monetary 12 months 2017-18. “I’d urge the Presidents and CEOs of all banks to arrange agricultural credit score committees comprising of all group heads […]

JP Morgan’s Muhammad Aurangzeb Appointed as CEO of Habib Financial institution

Habib Financial institution Restricted (HBL) has made an appointment of Muhammad Aurangzeb as President and CEO of the financial institution.Muhammad Aurangzeb is a revered and seasoned banker with greater than 30 years of various expertise in main world banks from Pakistan and different international locations. He’s presently the CEO of World Company Financial institution, Asia […]

Telenor Financial institution Indicators Settlement with TEZ Monetary Providers for Disbursement of Nano-loans

Telenor Microfinance Financial institution and TEZ Monetary Providers have entered into an settlement for disbursement of nano-loans to Easypaisa Cell Account clients. The settlement was signed not too long ago on the Telenor Financial institution Head Workplace. Shahid Mustafa, President & CEO – Telenor Microfinance Financial institution and Nadeem Hussain, Founder & CEO – TEZ […]

Ihtmaar Financial institution To Increase its Presence in Pakistan By means of Faysal Financial institution

Bahrain-based Ithmaar Financial institution has deliberate to function in 100 branches in Pakistan this 12 months by its subsidiary Faysal Financial institution Restricted (FBL), to be able to capitalize on the low penetration fee of banking providers and growing acceptance of Islamic banking within the nation. Faysal Financial institution’s footprint now spreads over greater than […]

1LINK Selects Gemalto EMV Resolution for PayPak

1LINK, Pakistan’s largest fee processing physique, has introduced its collection of Gemalto PURE white label fee expertise for enabling “Chip and PIN” for its Home Fee Scheme, PayPak. The answer will allow 1LINK member banks to launch EMV-compliant contact and contactless playing cards, cellular funds, Host Card Emulator (HCE) and different digital companies. This new […]

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