Fatima Group
BUSINESS

Fatima Group signs MoU with Telenor Bank to promote financial inclusion Among local farmers

KARACHI – Fatima Group signed a strategic MoU with Telenor Microfinance Bank to promote financial inclusion amongst local farmers in Pakistan. The MoU was recently signed between Ali Mukhtar, Director at Fatima Group and Khurram Malik, Head of Easypaisa at Telenor Microfinance Bank during a special ceremony held at Fatima Group’s head office in Lahore. […]

Telenor Microfinance Bank
BANKING TELECOM

Telenor Microfinance Bank Receives Second Tranche Investment of US$70 million from Ant Financial

KARACHI – Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, has received a second tranche investment of US$70 million as part of a strategic partnership agreement between Telenor Group and Ant Financial Services Group (“Ant Financial”), to further develop TMB’s mobile payment and digital financial services. The strategic partnership agreement between Telenor Group and Ant […]

Telenor Microfinance Bank
TELECOM

Telenor Microfinance Bank Inaugurates New Head Office

KARACHI – Telenor Microfinance Bank (TMB) announced that it was relocating its head office to a new purpose-built location on main Khayaban e Nishat, Defence Housing Authority, Karachi. The Bank’s head office was previously located at K.C.H.S Union. The move comes in the wake of the Bank’s expanding customer base and services and the new […]

BUSINESS

Telenor Pakistan hosts Thought Leadership Summit on Digitizing Pakistan through APIs

KARACHI – Being at the hub of technological innovation and aiming to accelerate the pace of digitization, Telenor Pakistan organized a first of its kind thought leadership forum titled ‘Digitizing Pakistan through APIs’ at its 345 Campus. The event was attended by industry experts, government and semi-government officials, digital entities, small and large businesses, startups, […]

Uthao Pehla Qadam
BANKING

Telenor Microfinance Bank Reveals New Brand Position ‘Uthao Pehla Qadam’

KARACHI – As a way of further bolstering its long-standing efforts to reach out to members of underprivileged sections of society, Telenor Microfinance Bank, one of Pakistan’s leading microfinance bank, aims to serve the unbanked and under-banked members of society as well as empower them by delivering quality financial services, thereby paving the way for […]

Telenor Microfinance Bank wins Most Innovative MFI Award
HEADLINE TELECOM

Telenor Microfinance Bank wins Most Innovative MFI Award

KARACHI – Strengthening its market standing as the nation’s preferred banking institution, Telenor Microfinance Bank (TMB) has won the 13th Citi Micro-entrepreneurship Awards – Most Innovative MFI award. The award ceremony was held at a local hotel in Islamabad recently. It was attended by representatives of the banking sector, regulators, financial institutions, stakeholders and media […]

Telenor Microfinance Bank appoints Aslam Hayat as acting CEO
BANKING

Telenor Microfinance Bank appoints Aslam Hayat as acting CEO

KARACHI – The Board of Directors of Telenor Microfinance Bank has appointed Aslam Hayat as acting CEO, following the resignation of Shahid Mustafa. The outgoing CEO Shahid Mustafa tendered his resignation and will officially step down from his role as CEO on 31st May, 2019. Aslam Hayat currently serves as Chief Compliance Officer on the […]

Easypaisa
BANKING

Easypaisa to facilitate Central Depository Company’s account holders

KARACHI – Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU) at CDC House Karachi. A salient feature of the MOU will be the Easypaisa platform which will facilitate CDC account holders in biometric verification and collection of funds.  Signatories to the MoU were […]

BANKING

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 […]

Telenor Microfinance Bank
BANKING

Telenor Microfinance Bank’s security controls completely intact amid cyber-attack wave

KARACHI: In view of the latest wave of cyber-attacks that has shocked the local banking system, Telenor Microfinance Bank has comprehensively reviewed and tested its security systems to find that no attempt was made at breaching the Bank’s systems. The Bank thus encourages customers to use its products and services confidently and freely across Pakistan. […]