Mobilink Bank’s H1 2023 Financial Results Highlight a 232% Growth in Profit Before Tax
Mobilink Bank exhibited an impressive growth trajectory in its financial performance during the first half of 2023, reflecting its unwavering dedication to excellence, as per the unaudited/unreviewed financial statements. With a 57% increase in total revenue, the Bank showcased its proficiency in both attracting and retaining customers, effectively adapting to the ever-evolving financial landscape. The…
Adil Aziz
Mobilink Bank and Vision-Building Future Collaborate to Address Financial Disparities
As part of its ongoing mission to advance financial inclusion across the board, Mobilink Bank has signed a Memorandum of Understanding (MoU) with Vision-Building Future (VBF) to address existing disparities in the financial sphere through a range of targeted initiatives. Under its flagship program, Women Inspirational Network (WIN), Mobilink Bank is geared towards expanding its…
Mobilink Bank and iConsult Boost Financial Prospects for Women in KPK
Mobilink Bank, in collaboration with iConsult, United Nations Development Programme (UNDP), and financial support from the USAID is implementing a social initiative to enhance the financial literacy of 3,000 individuals (1500 women). The initiative will empower the local communities of Nowshehra, Charsadda, DI Khan, and Khyber districts by equipping them with the necessary financial skills…
Mobilink Bank and Hashoo Foundation to drive financial inclusion initiatives for MSMEs
Mobilink Bank and Hashoo Foundation (HF) have signed a Memorandum of Understanding (MoU) to jointly enhance financial inclusion for Micro, Small and Medium Enterprises (MSMEs). This collaboration strives to empower MSMEs supported and trained by Hashoo Foundation, fostering their entrepreneurial journey. Mobilink Bank, through this partnership, is committed to enabling the growth and success of…
MMBL achieves 48% revenue growth despite challenging economic conditions
Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable 48% increase in its revenue. Mobilink Bank’s strong emphasis on digital banking services enabled it to reach previously underserved communities and generate substantial revenue growth, with…
MMBL raises the Minimum Salary Benchmark to Build Employee Financial Resilience
Mobilink Microfinance Bank Ltd. (MMBL) has recently announced its latest organizational initiative aimed at bolstering the financial resilience of its employees. In response to the ongoing tumultuous economic landscape, the Bank has proactively introduced a new Minimum Salary structure of PKR 50,000 to provide its employees with enhanced financial security and aid them in meeting…
MMBL and MateSol unite to improve MSMEs Cash flow through state-of-the-art Invoice Financing
Pakistan’s leading microfinance institution, Mobilink Microfinance Bank Ltd. (MMBL) and MateSol, a blockchain-based invoice verification platform with a global footprint, have signed a Memorandum of Understanding (MoU) to offer better access to invoice financing for Micro Small and Medium-sized Enterprises (SMEs). As per the partnership agreement, MMBL will utilize MateSol’s innovative blockchain-based invoice management system…
MMBL and iConsult form Strategic Partnership to Advance Financial Inclusion in Merged Districts
Mobilink Microfinance Bank Limited (MMBL) and International Consulting Associates (Pvt) Ltd. (iConsult) have inked a Memorandum of Understanding (MoU) to broaden the horizon of financial inclusion for the residents of South Waziristan, North Waziristan, and Khyber Districts. The strategic partnership endeavors to bolster the financial well-being of individuals and communities living in these regions by…
MMBL and CASH1 join hands to boost Financial Inclusion in remote areas
Mobilink Microfinance Bank Ltd. (MMBL) has taken another step towards expanding its reach across Pakistan by partnering with CASH1 – owned by Webdnaworks Private Limited. Webdnaworks is the pioneer of Independent ATM deployment and operations in Pakistan and is the first non-banking entity to get the State Bank of Pakistan’s license of Payment Service Operator…
VEON’s Mobilink Bank Becomes First Microfinance Bank Globally to Join the GSMA Connected Women Commitment Initiative
Mobilink Bank Signs GSMA Commitment to Address the Mobile Gender Gap VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that Mobilink Microfinance Bank Ltd. (MMBL), its banking operation in Pakistan, has signed up to the GSMA’s Connected Women Commitment Initiative, becoming the first…