Bank Alfalah, U Microfinance Bank Announce Strategic Partnership

Mr. Kabeer Naqvi, President & CEO of U Microfinance Bank Limited, and Mr. Atif Bajwa, President & CEO of Bank Alfalah Limited, signed an agreement to promote financial inclusion in the country.

This new partnership not only deepens the bond between the two banks, but it also promises to open up a slew of new opportunities for collaboration, such as medium to long-term debt financing, credit structuring, and scaling up their respective companies.

Mr. Kabeer Naqvi, President & CEO of U Microfinance Bank Limited, and Mr. Atif Bajwa, President & CEO of Bank Alfalah Limited, signed an agreement to promote financial inclusion in the country.

This new partnership not only deepens the bond between the two banks, but it also promises to open up a slew of new opportunities for collaboration, such as medium to long-term debt financing, credit structuring, and scaling up their respective companies.

Mr. Saad ur Rahman Khan, Group Head – Corporate, Investment Banking, Financial Institutions, and International Business – Bank Alfalah, and Ms. Mariam Pervaiz, Chief Commercial Officer and Chief of Staff – U Microfinance Bank, were present at the ceremony, which was held at Bank Alfalah’s head office.

Hot this week

NIBAF Pakistan Hosts Interactive Session With SBP Governor Jameel Ahmad

NIBAF Pakistan hosted SBP Governor Jameel Ahmad for an interactive session with SBOTS-28 and CROS-1 officers, focusing on leadership, digital transformation and cyber risk resilience.

State Bank of Pakistan Deputy Governor Calls For Technology-Led Financial Inclusion

SBP Deputy Governor Saleem Ullah highlights technology and digital financial services as key tools for expanding financial inclusion across Pakistan.

Tasdeeq Completes Book Building Process As General Public Portion Opens August 11

Tasdeeq has completed its two-day book building process, thanking institutional, high net-worth and foreign investors as its general public offering opens on August 11.

Pakistan Stock Exchange To Host Webinar On ETFs And Portfolio Diversification

Pakistan Stock Exchange will host a webinar on August 20 covering ETF fundamentals, global trends, JS Investments’ ETF, investment strategy and trading through PSX.

Getz Pharma And Daraz Collaborate To Improve Digital Access To Medicines In Pakistan

Getz Pharma and Daraz have collaborated to connect healthcare expertise with digital commerce and logistics, aiming to make access to eligible medicines more convenient across Pakistan.

Topics

NIBAF Pakistan Hosts Interactive Session With SBP Governor Jameel Ahmad

NIBAF Pakistan hosted SBP Governor Jameel Ahmad for an interactive session with SBOTS-28 and CROS-1 officers, focusing on leadership, digital transformation and cyber risk resilience.

State Bank of Pakistan Deputy Governor Calls For Technology-Led Financial Inclusion

SBP Deputy Governor Saleem Ullah highlights technology and digital financial services as key tools for expanding financial inclusion across Pakistan.

Tasdeeq Completes Book Building Process As General Public Portion Opens August 11

Tasdeeq has completed its two-day book building process, thanking institutional, high net-worth and foreign investors as its general public offering opens on August 11.

Pakistan Stock Exchange To Host Webinar On ETFs And Portfolio Diversification

Pakistan Stock Exchange will host a webinar on August 20 covering ETF fundamentals, global trends, JS Investments’ ETF, investment strategy and trading through PSX.

Getz Pharma And Daraz Collaborate To Improve Digital Access To Medicines In Pakistan

Getz Pharma and Daraz have collaborated to connect healthcare expertise with digital commerce and logistics, aiming to make access to eligible medicines more convenient across Pakistan.

Premier PayFast Adds Five Retailers to Its Online Checkout Network

Premier PayFast has added CocoChan, Hanger Pakistan, Sitara Studio, British Lingerie Studio and Makeup City to its online checkout network.

PVARA Nears Licensing Regime for Virtual Asset Service Providers

PVARA says Pakistan is moving closer to a licensing regime for virtual asset service providers focused on transparency, investor protection and regulation.

US Sanctions Iran-Linked Crypto Exchanges and Shadow Banking Networks

The US has sanctioned Iran-linked crypto exchanges and shadow banking networks over alleged money laundering and sanctions evasion activities.
spot_img

Related Articles

Popular Categories