Value of e-banking transactions registers quarterly growth of 28pc

KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank...

Pakistan’s Microfinance Sector: Another year, another calamity

Floods are likely to wash away all post-pandemic progress of the sector

Financial inclusivity: Where does Pakistan stand?

Pakistan is a lower middle-income economy, located in the heart of South Asia, with a GDP estimated at $284 Billion (2016), and...

How paramilitary helped Advans Bank double its size in one year

As peace returns to Karachi, losses spread over half a dozen years are now consigned to the past

Fast, dependable and easy to use. Can SadaPay revolutionize the FinTech landscape in Pakistan?

Is the EMI model viable in Pakistan? SadaPay seems to think so but can they really have a meaningful effect on FinTech and the banking industry as a whole?

World’s largest fintech partners with Telenor Microfinance Bank to offer mobile payments, digital services

KARACHI: Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group in Pakistan, where Ant Financial will invest $184.5million...

BankIslami becomes victim of $6.5 million cyber-attack

Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.

How Akhuwat impacts lives through the miracle of interest-free microfinance

$500 million worth of loans disbursed to 2.2 million families over a period of 16 years

Standard Chartered Pakistan partners with British Int’l investment to expand microfinance lending

Standard Chartered and BII enter a $40m risk-participation agreement through which BII will cover 50% of bank's risk on local currency loans to microfinance sector