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.
Solomon Islands Meet With UNCDF, New Zealand and the European Union on the Delivery of $15 M for Locally Led Adaptation
The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.
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.
New Mobile Money Service Welcomed as a Tool for Financial Inclusion in Solomon Islands
Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.
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.
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.