All News and Announcements

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News

Microfinance Solar Loans: For Pakistan, This Can Be a Sustainable Road Ahead

Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.

News

10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador

Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.

News

The IMF Has Raised the Alarm Bell on Pakistan’s Microfinance Sector. Where Does It Stand?

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

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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.

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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

Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario

With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.

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.

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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. 

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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.