Stabilization measures contribute to positive economic outlook: Economic Report
The stabilization measures, encouraging business confidence coupled with exchange rate stability, contributed to a positive economic outlook for Pakistan amidst ongoing challenges, according to finance ministry’s economic outlook report.
Editor
Easypaisa partners with Bank Alfalah for International Remittances
Bank Alfalah and easypaisa announced a partnership on Monday to facilitate their customers nationwide in conveniently collecting international remittances into their mobile wallets.
Adil Aziz
Mobilink Bank witnesses 72% revenue growth
Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking industry. With a revenue of PKR 41,053 million, representing 72% growth from the previous year, the Bank’s performance underscores its commitment to excellence and innovation, particularly in its support for women and Small and medium-sized enterprises (SMEs).
JazzCash partnership with BISP for fund disbursements to beneficiaries
azzCash, country’s leading fintech organisation, has been assigned the task for disbursements of Benazir Income Support Program (BISP) aimed at empowering Underserved communities, with a particular emphasis on women inclusion.
BISP partners with six banks to expand payment system
Benazir Income Support Programme (BISP) signed an agreement with six banks for disbursement of funds among its 9.3 Million beneficiary households.
FBR revenue collections grew by 30% to Rs.5.1 trillion
The Federal Board of Revenue (FBR) collected Rs.5.150 trillion since July 2023 to mid of February 2024, showing growth of 30 percent.
Easypaisa empowers users with ‘Savings Pocket’ for financial independence
Easypaisa, Pakistan’s leading digital financial services platform, introduces its latest breakthrough offering, the ‘Savings Pocket’.
Mehfooz
SECP continues crack down against illegal personal loan apps
The Securities and Exchange Commission of Pakistan (SECP) is constantly monitoring social media and websites for illegal personal loan Apps (illegal apps) in order to safeguard the public from illicit loan sharks.
SECP prescribes fit, proper criteria for key corporate executives
The Securities and Exchange Commission of Pakistan (SECP) has prescribed fit and proper criteria for key executives of corporate restructuring Companies.
SBP revokes three exchange companies’ licenses
State Bank of Pakistan (SBP) revoked the foreign exchange licenses of M/s AA Exchange Company (Pvt.) Limited, M/s Glaxy Exchange Company (Pvt.) Limited and M/s Al-Hameed International Money Exchange (Pvt.) Limited.