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

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.

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

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 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.

The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.

Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.

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

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

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