KARACHI – MoU signed between Askari Bank Limited and Huawei Technologies, on 20th November 2019 at Huawei’s Headquarters in Shenzhen, China, to enhance strategic and business cooperation between the two organizations.
Blockchain Technology Backed Home Remittances from Malaysia to Pakistan Made Possible to Promote Financial Inclusion
KARACHI –Telenor Microfinance Bank, in partnership with Valyou of Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service, powered by industry-leading blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group (“Ant Financial”). The blockchain remittance service is provided by Telenor’s Easypaisa and Valyou, a financial technology company that provides […]
BankIslami Introduces ‘OneTouch Banking’ a Complete Biometric Banking Solution for the First time in Pakistan
KARACHI – With the growing prevalence of technologically advanced solutions in banking industry, BankIslami breaks through the industry with OneTouch Banking, a complete Biometric solution which enables you to carry out all your transactions by just an impression of your thumb. BankIslami, for the first time in Pakistan, introduces One Touch Banking where your Thumb […]
KARACHI – UBL has posted a standalone Profit Before Tax (PBT) of Rs. 25 billion for Full Year 2018. Excluding a one-off extraordinary pension charge for prior years, PBT reached Rs. 31.6 billion, one of the highest in the industry. The Bank maintained its strong payout, declaring dividends of Rs. 13.5 billion (Rs. 11 per […]