SBP Partners with Avanza Solutions for Banking Technology

SBP has selected Avanza Solutions as its technology partner to enhance its operational efficiency and modernize its technological development. Avanza Solutions, a leading provider of banking technology solutions, brings over 20 years of industry experience and a proven track record in delivering innovative solutions tailored to the financial sector.

The partnership will involve Avanza Solutions providing a comprehensive suite of resource augmentation services to meet SBP’s specific needs. These services include software development, specialized expertise, and custom software solutions.

Mr. Omer Ahmed Khan, CEO of Avanza Solutions, expressed his enthusiasm for the collaboration, stating, 

“We are honored to be selected by the State Bank of Pakistan. Our commitment to innovation will ensure that we deliver next-generation solutions that meet SBP’s needs.”

The partnership between SBP and Avanza Solutions marks a significant step forward in advancing Pakistan’s financial technology landscape.

Hot this week

VYU Launches Livestream Fashion Shopping Platform In Pakistan For Online Consumers

VYU has launched in Pakistan with a video-first fashion shopping platform that lets consumers discover and purchase clothing, footwear, handbags and accessories through livestreams.

Mashreq Launches NEO BIZ Digital Banking Platform for SMEs In Pakistan

Mashreq has launched NEO BIZ in Pakistan, offering digital business accounts, payments and collections, with plans to add more financial management tools.

BankIslami Reports PKR 3.1 Billion Profit As CASA Ratio Reaches 74.7 Percent During Nine Months of 2026

BankIslami reported PKR 3.1 billion in profit after tax for the first nine months of 2026, with deposits of PKR 630.7 billion and a CASA ratio of 74.7%.

Meezan Bank Partners With UNIDO Bahrain and ICEI to Support Pakistani Entrepreneurs

Meezan Bank has signed agreements with UNIDO-ITPO Bahrain and ICEI to establish an in-house focus group providing business development support to startups and MSMEs.

ABHI Microfinance Bank Reaches PKR 14 Billion in Digital Lending Portfolio As Digital Finance Expands Across Pakistan

ABHI Microfinance Bank has reached PKR 14 billion in Digital Gross Loan Portfolio, marking further growth in its technology-driven lending operations.

Topics

VYU Launches Livestream Fashion Shopping Platform In Pakistan For Online Consumers

VYU has launched in Pakistan with a video-first fashion shopping platform that lets consumers discover and purchase clothing, footwear, handbags and accessories through livestreams.

Mashreq Launches NEO BIZ Digital Banking Platform for SMEs In Pakistan

Mashreq has launched NEO BIZ in Pakistan, offering digital business accounts, payments and collections, with plans to add more financial management tools.

BankIslami Reports PKR 3.1 Billion Profit As CASA Ratio Reaches 74.7 Percent During Nine Months of 2026

BankIslami reported PKR 3.1 billion in profit after tax for the first nine months of 2026, with deposits of PKR 630.7 billion and a CASA ratio of 74.7%.

Meezan Bank Partners With UNIDO Bahrain and ICEI to Support Pakistani Entrepreneurs

Meezan Bank has signed agreements with UNIDO-ITPO Bahrain and ICEI to establish an in-house focus group providing business development support to startups and MSMEs.

ABHI Microfinance Bank Reaches PKR 14 Billion in Digital Lending Portfolio As Digital Finance Expands Across Pakistan

ABHI Microfinance Bank has reached PKR 14 billion in Digital Gross Loan Portfolio, marking further growth in its technology-driven lending operations.

tpay Selected As Vodafone Qatar Exclusive Direct Operator Billing Aggregator

tpay has been selected as Vodafone Qatar’s exclusive direct operator billing aggregator, enabling merchants to offer digital services charged through mobile bills.

Swich Encourages Fintechs To Apply For SBP Regulatory Sandbox As Second Cohort Accepts Applications 

Swich reflects on its participation in the State Bank of Pakistan’s first Regulatory Sandbox cohort and encourages fintechs to apply for the second round.

Easypaisa Digital Bank Opens Weave Together 2026 Applications For Persons With Disabilities

Easypaisa Digital Bank has opened applications for Weave Together 2026, its diversity and inclusion programme supporting career opportunities for persons with disabilities.
spot_img

Related Articles

Popular Categories