Finance

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QistBazaar.pk & Pak-Qatar Family Takaful Sign an MoU to provide FREE Accidental Life Takaful Coverage to Qist Bazaar Customers

QistBazaar.pk & Pak-Qatar Family Takaful Sign an MoU to provide FREE Accidental Life Takaful Coverage to Qist Bazaar Customers

As part of providing tailored solutions and unique value-added features for our customers, QistBazaar.pk a fintech start-up which has recently developed an e-commerce marketplace for electronics that customers can avail on installments, has signed an MoU with Pak-Qatar Family Takaful Limited (PQFTL). With this initiative, the company aims to provide additional benefits to its new…

Bank of the Future Forum 2022 brings together thought leaders from Pakistan’s banking sector

Bank of the Future Forum 2022 brings together thought leaders from Pakistan’s banking sector

NdcTech, a leading IT & consulting firm providing transformational services for the banking sector globally, and Temenos, the world’s leading banking software company co-hosted the 11th edition of Bank of The Future Forum, one of the largest financial conferences in the world. This event brought together more than 25 Global Speakers and over 500 attendees…

MMBL CFDO highlights the power of Fintech at the GITEX Global 2022

MMBL CFDO highlights the power of Fintech at the GITEX Global 2022

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL)’s Chief Finance and Digital Officer (CFDO), Sardar Mohammad Abubakr shared his expertise on Fintech Surge: ESG & Fintech – Society, Inclusion & the Environment at the GITEX GLOBAL 2022, held in the 2nd week of October at Dubai World Trade Centre. GITEX GLOBAL, the world’s largest…

Prudent economic polices put Rupee on sustained upward trajectory

Prudent economic polices put Rupee on sustained upward trajectory

The strategy adopted by the incumbent finance minister went well with the currency market and lifted Rupee from worst-performing to best-performing currency Notwithstanding the flood damages, the prudent economic policies introduced by the incumbent finance minister are bearing fruit as Rupee is continuously gaining strength against Dollar for past over-two weeks, making it best-performing currency….

Projects worth billions approved by ECNEC in energy, education, communication sectors

Projects worth billions approved by ECNEC in energy, education, communication sectors

The Executive Committee of the National Economic Council (ECNEC) here on Friday approved projects worth billions of rupees relating to energy, education, communication, food security and agriculture sectors of the country.  Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the ECNEC meeting. Among others, the meeting was attended by Federal Minister for…

S&P Global achieves a Double Win at Asia Risk Awards 2022

S&P Global achieves a Double Win at Asia Risk Awards 2022

S&P Global has been honored with two wins at the Asia Risk Awards 2022 The Asia Risk Awards is the longest-running and the most prestigious award for firms and individuals involved in Asia’s derivatives markets and risk management. S&P Global won two honors in the recently held Risk Awards 2022. They won the first Award for “Fundamental…

Finance ministry contests rating action by Moody’s

Finance ministry contests rating action by Moody’s

The Finance Ministry strongly contested the Moody’s rating action, which it said was carried out unilaterally without prior consultations and meetings with its teams and State Bank of Pakistan. Moody’s has released the revised rating for Pakistan in which it has downgraded the sovereign credit rating from B3 to Caa1. “The rating action by Moody’s is…

Bank of the Future Forum will bring together influencers & key decision makers from Pakistan’s banking sector

Bank of the Future Forum will bring together influencers & key decision makers from Pakistan’s banking sector

NdcTech, a leading IT & consulting firm providing transformational services for the banking sector globally and Temenos, the world’s leading banking software company are pleased to co-host the 11th edition of Bank of The Future Forum. It is one of the largest financial conferences in the world, happening on 12th October 2022 at a local…

Meezan Bank wins ‘Best Company in Financial Category’ award

Meezan Bank wins ‘Best Company in Financial Category’ award

Meezan Bank, Pakistan’s leading Islamic bank has been conferred with the top honour in the Financial Sector category at the Management Association of Pakistan’s (MAP) 37th Corporate Excellence Awards ceremony held recently, at Movenpick Hotel, Karachi. The Award recognizes Meezan Bank for its outstanding performance and demonstrating progress and enlightened management practices. Founding President and…

SBP directed to take action against manipulators of exchange rate volatility

SBP directed to take action against manipulators of exchange rate volatility

The National Assembly Standing Committee on Finance and Revenue on Tuesday directed the State Bank of Pakistan to take appropriate action against all the banks and exchange companies involved in manipulating volatility of the exchange rate. The State Bank has also been asked to take appropriate action against elements involved in exchange rate manipulation so…