All News and Announcements

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News

Egypt-Based Fintech MNT-Halan Acquires Advans Pakistan Microfinance Bank

Advans Pakistan Microfinance Bank Limited, the target of the acquisition, represents the Pakistani branch of the renowned Advans Group, a leading international microfinance group with operations spanning nine developing countries.

News

Ericsson, Telenor Microfinance Bank Strengthen Partnership to Propel Easypaisa Financial Services

Ericsson and Telenor Microfinance Bank have signed a multi-year extension of their partnership to propel easypaisa’s financial services offerings and expand the horizon of their service portfolio within the fintech sector in Pakistan.

News

The State Bank of Pakistan Awards In-Principle Approval to 5 Digital Retail Banks

The awardees include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited.

News

Pakistan’s President Calls for Measures to Strengthen Financial Inclusion, Gender Equality

President, Dr. Arif Alvi urged the banking institutions to take measures to further strengthen financial inclusion and gender equality in the sector. 

News

Symbiotics Investments Closed the First Local Currency Transaction in Pakistan With Kashf Foundation

Symbiotics Investments' loan represents the first-ever local currency loan by any international institution in the microfinance sector of Pakistan.

News

VEON’s Mobilink Bank Becomes First Microfinance Bank Globally to Join the GSMA Connected Women Commitment Initiative

The global digital operator VEON last week announces that Mobilink Microfinance Bank Ltd. in Pakistan has signed up to the GSMA’s Connected Women Commitment Initiative set up to accelerate digital and financial inclusion for women.

News

U Microfinance Bank, Pathfinder Group Join Hands to Extend Digital Financial Services to Customers

The partnership will give the bank an opportunity to expand their digital outreach and bring the unbanked population into the financial ecosystem in an efficient manner.

News

China Mobile Showcases PayMax, Its First Digital Payments Solution

This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of Pakistan.

News

U Microfinance Bank Islamic Banking Receives International Recognition During 8th Islamic Retail Banking Awards

The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan and comes soon after U Bank’s full-scale commercial launch of Islamic Banking services nationwide.

News

U Microfinance Bank and Shahid Afridi Foundation Collaborate to Uplift Pakistan’s Education Sector

This collaboration will open doors for the provision of financial services to the SAF across a broad spectrum of banking solutions.