Mobilink Microfinance Bank builds partnerships for Community Uplift on April 24, 2021Mobilink Microfinance Bank Limited has signed four (4) Memorandums of Understanding with key social welfare organizations across Pakistan to foster efficient donations/ ZAKAT collections and aid in their respective disbursements. During a recent ceremony in Karachi, MMBL has partnered with Saylani Welfare International Trust, Health and Nutrition Development Society (HANDS), and Sarim Burney Welfare Trust […]
Kiryana Express is the group company of Planet N on April 24, 2021Planet N, aims to catalyze the next wave of tech entrepreneurship in Pakistan. Planet N Group of Companies focuses on Financial Inclusion and facilitation of entrepreneurship in Pakistan through technology CEO OF Kiryana express Pvt Ltd. Mr. Khawaja Absar ul Hassan. Goals to convert lower/middle class Retailer to E-Tailer, Those retailer don’t have financial power […]
DEG re-enters Pakistan insurance market through stake in TPL Insurance on April 23, 2021DEG – Deutsche Investitions- und EntwicklungsgesellschaftmbH, a wholly owned subsidiary of KfW Group based in Cologne, Germany, has acquired a 19.9% equity stake in TPL Insurance by investing PKR 466.5 million on a fully diluted basis. The acquisition follows TPL Insurance’s announcement made in June last year to the Pakistan Stock Exchange on DEG’s interest […]
Strong business performance improved Bank Alfalah’s Mar ’21 profitability by 23% on April 23, 2021The Board of Directors of Bank Alfalah Limited in its meeting held on April22, 2021, approved the Bank’s unaudited condensed interim financial statements for the quarterended Mar 31, 2021. The Bank posted profit after taxation of Rs. 3.471 billion which is 23% higher against Rs. 2.281 billion for the corresponding quarter last year. The results […]
‘Accounting profession has a key role in achieving climate action and building a sustainable recovery’ on April 23, 2021ACCA is marking the Earth Day 2021 today with its activities around the world focusing on how professional accountants can play a key role in making businesses more sustainable. In Pakistan, ACCA has partnered with WWF-Pakistan to hold ‘Earth Day Conversation 2021’ featuring top thought leaders educating the business community on serious climate risks and […]
Non-resident Pakistanis can now invest in Mutual Funds with Al Meezan investments on April 22, 2021Non-resident Pakistanis holding a Roshan Digital Account (RDA) can now invest in Mutual Funds through Al Meezan Investment Management Limited, one of Pakistan’s largest and only Shariah Compliant Asset Management Company. In addition, residents with assets abroad declared in their tax returns can also invest. This is a welcome addition to the RDA initiative, giving […]
TCL Pakistan launches IoT (Internet of Things) system for a smarter living on April 22, 2021TCL, Pakistan’s No.1 TV brand ushered in a new era of smart connectivity with the launch of its IoT (Internet Of Things) system. This technologically advanced system aims to make life easier by bringing smart technology to your doorsteps. TCL IOT is launched through an ad featuring Peshawar Zalmi Head Coach Daren Sammy. Consumers can […]
Kiryana Express is the group company of Planet N on April 22, 2021Planet N, aims to catalyze the next wave of tech entrepreneurship in Pakistan. Planet N Group of Companies focuses on Financial Inclusion and facilitation of entrepreneurship in Pakistan through technology. CEO OF Kiryana express Pvt Ltd. Khawaja Absar ul Hassan. Goals to convert lower/middle class Retailer to E-Tailer, Those retailer don’t have financial power to […]
MCB profit increases to Rs 6.8 billion on April 21, 2021The Board of Directors of MCB Bank Limited (MCB) in itsmeeting under the Chairmanship of Mian Mohammad Mansha, on April 20, 2021reviewed the performance of the Bank and approved the condensed interim financial statements for the first quarter ended March 31, 2021. The Board of Directors has declared first interim cash dividend of Rs. 4.5 […]
Mobilink Microfinance Bank launches School Loan on April 21, 2021Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan, has launched a School Loan – an innovative offering aimed at financially empowering all non-state schools – local private schools, school chains, and technical educational institutions – operating in rural, semi-urban, and urban areas to continue delivering quality education. Educational institutions in the country […]