Dubai Islamic Bank Pakistan: A Giant Step Towards Digitization

Dubai Islamic Bank

The demands of the banking are changing with the ever evolving technology. This has led  Dubai Islamic Bank to adapt IRIS Omni Channel Payment Platform and Prepaid Cards Management Solution by TPS. This step is mainly taken because of digitization of banking industry and Dubai Islamic Bank Pakistan wants to give priority to their customers. They want More...

by Junaid Ashraf | Published 5 days ago
Bank of China Operations in Pakistan
By Faiza Malik On Wednesday, September 20th, 2017
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Bank of China Operations in Pakistan to Begin

The Bank of China operations in Pakistan has been allowed by the State Bank. This is the second Chinese bank being allowed to operate in Pakistan. Earlier in May 2011, the Industrial and Commercial Bank of China More...

Islamic banks of Pakistan
By Faiza Malik On Sunday, September 17th, 2017
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Deposits of Islamic Banks of Pakistan Grow by 10%

Islamic banks of Pakistan have left behind their conventional banking counterparts by mobilising deposits at a higher pace in April-June. The State Bank of Pakistan (SBP) issued in the Islamic Banking Bulletin for More...

HBL New York Branch to Shut
By Faiza Malik On Saturday, September 9th, 2017
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HBL New York Branch to Shut

HBL New York branch to shut has now made an out of court settlement with the Department of Financial Services (DFS) of New York State by agreeing to pay a fine of $225 million against numerous violations of the More...

HBL New York
By Faiza Malik On Wednesday, August 30th, 2017
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HBL New York branch shuts down due to penalty of $630 million

The Habib Bank Limited has announced to close its operations, the HBL New York branch has decided to shut down due to huge penalty of nearly $630 million on the bank from state’s financial regulator. A notice More...

Digital Disbursement Solutions
By Faiza Malik On Thursday, August 3rd, 2017
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FINCA Gears Up for Digital Disbursement Solutions

FINCA Microfinance Bank is all set to bring digital disbursement solutions in rural and semi-rural areas in an effort to improve digital literacy and cost of delivery. The loan processing time would be reduced to More...

Bank Alfalah CEO
By Faiza Malik On Thursday, June 29th, 2017
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Nauman Ansari Appointed as Bank Alfalah CEO

An announcement from the board of directors of Bank Alfalah declared the resignation of Atif Bajwa as the president and CEO of the bank and confirmed appointment of Nauman Ansari, former CEO of Faysal Bank as president More...

Banking Services in Pakistan
By Faiza Malik On Thursday, June 22nd, 2017
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World Bank Approves $223 million for Banking Services in Pakistan

In order to improve banking services in Pakistan and also improve living conditions of few parts in Karachi, the World Bank has approved two loans with a total of $223 million for Pakistan. Regardless of the reservations More...

First branch of Bank of China in Pakistan
By Faiza Malik On Monday, May 15th, 2017
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First branch of Bank of China in Pakistan

First branch of Bank of China in Pakistan will be opening soon as it has received its banking license from the State Bank of Pakistan (SBP). Finance Minister Ishaq Dar met with Bank of China Chairman Tian Guo Li More...

MCB first flagship digital branch
By Faiza Malik On Monday, May 8th, 2017
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MCB launched MCB First Flagship Digital Branch in Lahore

MCB Bank has entered the digital world and launched MCB first flagship digital branch featuring its first State-of-the-Art Digital Lounge at Packages Mall in Lahore. Standard Chartered Bank and United Bank Limited More...