Tag: banking sector

SECP Approves Apna Microfinance Bank to Issue Shares Worth Rs1.16 Billion Beyond Right Offers

Apna Microfinance Bank Limited receives regulatory approval from the SECP to issue over 116 million ordinary shares to specific institutional and private investors.

Federal Finance Minister Muhammad Aurangzeb Launches NADRA Pak ID Digital Verification System for Pensioners

Federal Finance Minister Muhammad Aurangzeb reveals a new digital biometric facial recognition system via the NADRA Pak ID app to streamline pensioner verification.

HABIBMETRO and NCCPL Sign MoU to Strengthen Banking and Capital Market Integration in Pakistan

HABIBMETRO Bank and NCCPL have signed an MoU to enhance collaboration between banking and capital markets in Pakistan, focusing on margin trading, investor access, financial innovation, and improved settlement infrastructure.

Bank Alfalah and Legal Aid Society Collaborate on “ADAL” Initiative to Strengthen Financial and Legal Empowerment

Bank Alfalah and the Legal Aid Society have launched the “ADAL” initiative to enhance financial and legal literacy in marginalized communities across Karachi. Backed by PKR 6 million from Bank Alfalah, the year-long program aims to empower 2,000 people through education, awareness, and pro bono legal support.

State Bank of Pakistan Honors Top Banks for Advancing Financial Literacy Among Farmers

The State Bank of Pakistan recognizes high-performing banks for their role in the Agriculture Finance Literacy Program, which has connected over 105,000 farmers to formal banking, enhancing financial inclusion in rural Pakistan.