Mobilink Bank and CARE Pakistan join forces to empower 50,000 women
Mobilink Bank, has joined forces with CARE Pakistan to unlock the potential of 50,000 women through the Strive Women program. Under this partnership, Mobilink Bank and CARE Pakistan will invest in their financial literacy and skills development, paving the way for a more equitable and prosperous society. Over the next three years, both organizations will offer 30,000 women the financial resources they need to establish or expand their businesses.
Mobilink Bank partners with oladoc for healthcare solutions
Mobilink Bank, has partnered with oladoc, to offer its customers a comprehensive 360-degree healthcare solution. With oladoc serving as a brand ambassador, the Bank strives to democratize healthcare by providing 500,000 Mobilink Bank customers with unparalleled access to free, premium medical services. Through this partnership, Mobilink Bank customers and their families will gain access to a wide range of free healthcare benefits via the oladoc app, by signing up through their registered mobile numbers.
Mobilink bank launches inheritance calculator through its Dost app
Mobilink Bank, has launched an easy-to-use in-app inheritance calculator made accessible through its Dost app. The cutting-edge financial tool is designed to empower individuals, especially women, by providing clear insights into their inheritance share. The calculator’s launch is a testament to the Bank’s commitment to promoting financial inclusion and social justice through this initiative.
Mobilink Bank partners with Systems Limited to drive superior customer experience
Mobilink Bank, has partnered with Systems Limited to leverage the power of Temenos Core, modernizing its core banking platform and boosting business and operational capabilities. Under this partnership, the Bank – being the first in Pakistan to upgrade its platform to R23, is positioned to deliver a premium customer experience, streamline internal processes, and achieve unparalleled agility within the ever-evolving financial landscape.
Mobilink Bank introduces affordable E-bike loans for a greener future
Mobilink Bank has recently announced the launch of E-Bike loans. This initiative, aimed at empowering individuals with accessible and eco-friendly transportation options, was formalized through a Memorandum of Understanding (MoU) with PakZon Electric Motors (Pvt) Ltd., Pakistan’s leading electric bike manufacturer. Through this offer, the Bank is extending exclusive benefits to all its customers, including a 6% discount on E-bikes purchased through PakZon dealerships, three complimentary checkups at PakZon 3S dealerships, and a one-year battery warranty for two, three and four-wheelers. These benefits are designed to make E-bike ownership more affordable and convenient.
Mobilink Bank Launches Pakistan’s First Women-Led Incubator Program
Pakistan’s leading digital microfinance bank, Mobilink Bank strengthens its commitment to women’s economic empowerment with the launch of Pakistan’s first-ever industry-specific incubation program designed exclusively for women entrepreneurs. This initiative falls under the umbrella of the Bank’s ongoing Women Inspirational Network (WIN) program. The WIN Incubator program aims to empower 25 women entrepreneurs by equipping them with knowledge in core business areas including ideation, planning, business management, financial literacy and marketing. The graduating startups will gain access to a professional network and guaranteed Bint-e-Hawwa loans to fuel their ventures. The most promising startups will compete for a PKR 4 million investment to bring their startup ideas to life.
Mobilink Bank to upgrades treasury operations with collaboration of AutoSoft Dynamics
Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a renowned global provider of core banking and financial application solutions, as a strategic partner to automate their treasury operations.
Jazz appoints Farrukh Khan as CFO and CEO of MFH
Jazz appointed Farrukh Khan, CEO & Managing Director of the Pakistan Stock Exchange (PSX), as its new Chief Financial Officer (CFO) and CEO of Micro-Finance Holdings (MFH), effective September 15, 2024.
Mobilink Bank champions sustainability-driven leadership with ESG training
Pakistan’s leading digital microfinance bank, Mobilink Bank, has taken a leap forward in solidifying its position as a frontrunner in sustainable banking practices. The Bank announced the successful completion of an external training program on Environmental, Social, and Governance (ESG) practices explicitly designed for its leadership team. This in-depth training initiative equipped the Bank’s top decision-makers with the knowledge and skills necessary to integrate ESG principles into the core of their operations.
Mobilink Bank registers a solid start to the year by doubling its revenue in Q1 2024
Pakistan’s leading digital microfinance institution, Mobilink Bank, has reported a staggering 97% increase in revenue during Q1 2024 compared to the same period last year, marking a powerful start to the year. The Bank’s Profit before Tax (PBT) also witnessed 110% growth. The substantial increase in the revenue and PBT underscore the Bank’s robust financial performance, heightened customer & stakeholder confidence, and the positive momentum within the country’s economic and business environment at the outset of the year.