Some stories are about growth. Others are about survival. But once in a generation, a story emerges about resurrection. When TPL and Abhi came together to enter the banking space, we were not searching for an easy acquisition. We were stepping into one of the most difficult institutional recovery challenges in Pakistan’s financial sector. FINCA […]
digital banking
The Bank of Punjab signs strategic MoU with stacks to advance digital remittances and financial innovation
The Bank of Punjab has entered into a strategic Memorandum of Understanding (MoU) with Stacks, marking an important step toward transforming Pakistan’s remittance landscape and strengthening the country’s digital financial ecosystem. Read More: BOP, AkzoNobel join hands to make Lahore a canvas of culture The MoU was signed by Mr. Muneeb Ali, Co founder of […]
Number of people benefiting from digital banking surpasses 127 million, PM told
A meeting with Prime Minister Muhammad Shehbaz Sharif, on Tuesday, was apprised that the number of individuals benefiting from digital banking in the country exceeded to 127 million. The prime minister commended the economic team and the State Bank of Pakistan for shifting salaries, pensions and vendor payments by the federal and provincial governments to […]
DIB Pakistan partners with Zindgi to boost digital banking
DIB Pakistan has entered into a strategic partnership with Zindigi (owned by JS Bank), to enhance the digital banking experience for customers across Pakistan. Under this agreement, DIB Pakistan will provide a Current Account facility for Zindigi, enabling users to seamlessly operate the account directly through the Zindigi app. Committed to simplifying access, enhancing security, […]
SBP launches InvestPak portal for digital investment in government securities
KARACHI: The State Bank of Pakistan (SBP) on Thursday launched InvestPak, a new digital platform that enables individuals and corporates to invest in government securities through a fully online process. According to the central bank, the web-based portal has been developed to digitise investment in government papers for customers maintaining rupee accounts with banks, primary […]
Digital Lending Revolution Reshapes SME and Farm Credit
Pakistan’s financial sector is witnessing a silent revolution — one led not by mega projects or bailouts, but by digital technology empowering small businesses and farmers. Historically, commercial banks in Pakistan have steered clear of small-ticket borrowers, citing high risks and costs. But that mindset is changing fast. According to the State Bank of Pakistan, […]