All News and Announcements
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.
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.
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.
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.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
Advancing the Modernization and Integration of Payment Systems in the Western Balkans
With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.
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.
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.
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.
Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2M From Grameen Credit Agricole Foundation for Microfinance Lending
Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.