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.
Mobilink Bank Launches “Center of Excellence for Women” at Arid University
Mobilink Bank, Pakistan’s leading digital microfinance bank, has reaffirmed its commitment to women’s financial inclusion with the launch of the country’s first “Center of Excellence for Women” in partnership with Arid Agriculture University, a leading agricultural institution in Pakistan, to advance financial education. In this joint endeavor, Mobilink Bank will serve as the exclusive financial partner for Arid University’s outreach program, which extends its services to approximately 200 rural villages in the Potohar region. Alongside offering customized financial services, the Bank will actively contribute to advancing agricultural education by supporting financial literacy training, skills development, and capacity building for women.
Mobilink Bank and BizB partner to drive financial inclusion, empowering women micro-entrepreneurs
Mobilink Bank partnered with BizB, a leading marketplace in Pakistan, welcoming the company as a ‘Brand Ambassador Organization,’ to drive financial inclusion and bolster women micro-entrepreneurs nationwide.