All Entries Tagged With: "Bank"
HBL To Launch Branchless Banking In Collaboration With Sybase 365 And Abacus Consulting
HBL – Pakistan’s largest banking network – inked a Technology Support agreement with Sybase 365, the global leader in mobile messaging and mobile commerce services, and Abacus Consulting, a leading management and technology consultancy firm for the deployment of branchless banking services. Mr. Faiq Sadiq, Head-Payment Services and Mr. Mudassir Khan, Chief Information Officer from HBL, Mr. Mathew Talbot, [...]
Multinet Optical Fiber Network connects 450 branches of MCB across Pakistan
MCB Bank announces successful completion of the first phase in its major online banking upgrade project for nationwide branch connectivity. MCB partnered with Multinet Pakistan Pvt. Ltd with the goal to deliver its customary exceptional client experiences through improved operational efficiency, an exciting array of next generation applications and expansion of online banking. Currently around 450 [...]
Etihad Offers 20% Discounts on Karachi-UAE Fares with Free UAE Visa for UBL Customers
Etihad Airways, the national airline of the UAE, is offering 20% discounts on fares to the UAE from Karachi for travel until August 20, 2011. The fares, which coincide with the ongoing holiday season, will make travel to the UAE possible for as little as PKR23495, inclusive of taxes and surcharges. All passengers travelling with [...]
MCB Bank & Nokia Sign Major Cooperation Agreement
MCB Bank Limited and Nokia Finland announced that they havereached a historic cooperation agreement for the development and extension of financialservices to millions of mobile phone users. This is the first time that a leading financialinstitution has partnered with a leading handset manufacturer and mobile solutions companyto offer low cost financial services. Speaking at the [...]
Askari Bank becomes ACCA Gold Approved Employer
ACCA seeks to recognise and reward leading organisations that offer continual learning and development support to ACCA trainees. Having partnerships with over 8,500 employers across the world, ACCA Pakistan recently awarded Askari Bank Limited with Gold approved employer status. The approved employer certificate was presented to Mr M. R Mehkari, President and Chief Executive, Askari Bank [...]
Consultative Group endorses “WIFS” 2011 & budget reforms
A special ‘Consultative Group’ comprising of senior bankers, Islamic finance specialists and academicians met here today to endorse and chart out strategic content for the upcoming World Islamic Finance Summit 2011 to be held on September 21 – 22 in Karachi. The ‘Consultative Group’ also discussed the National Budget 2011-2012, where they expressed optimism about [...]
‘World Islamic Finance Summit 2011’ unveils Logo in Karachi
The World Islamic Finance Summit – 2011, will be held in Pakistan on the 21st and 22nd of September, 2011. This is a high-profiled conference to devise collaborative strategies and solutions for the development and promotion of Islamic financing in Pakistan. A special ceremony was held at Karachi Sheraton Hotel on 4th of May, 2011, [...]
UPayments: Ufone & UBL join hands to provide easy to use Mobile Financial Services
UBL and Ufone joined hands to bring easy access to financial services to their common customers here on 21st April 2011. Ufone, one of the leading telecom operators in Pakistan offers Mobile Financial Services under the name of UPayments. This is USSD based secure session service that is extremely customer friendly and has no handset [...]
Allied Bank Limited announces major network award to Multinet Pakistan Pvt. Limited
Allied Bank Limited (ABL) today announced that it has awarded a major contract to Multinet Pakistan (Pvt.) Limited for the upgrade of its nationwide primary branch connectivity on Optical Fiber, thereby reinforcing ABL’s position as one of the top financial institutions of Pakistan. ABL initiated an intensive vendor evaluation to find the best solution to [...]
Nobel Peace Prize Laureate Muhammad Yunus Slated to Join* Microcredit Summit Campaign for Announcement
Nobel Peace Prize Laureate and Grameen Bank Founder Muhammad Yunus*, U.S. Ambassador-at-Large for Global Women’s Issues Melanne Verveer, and Spanish Secretary of State for International Cooperation Soraya Rodriguez Ramos are slated to join microfinance expert Larry Reed and Microcredit Summit Campaign Director Sam Daley-Harris to launch the State of the Microcredit Summit Campaign Report 2011. [...]
Vina Concha y Toro Agrees to Acquire Fetzer Vineyards from Brown-Forman, Expanding its Operations to California
Vina Concha y Toro S.A. (NYSE: VCO) and Brown-Forman Corporation (NYSE: BFA, BFB) announced today the acquisition by Vina Concha y Toro of Fetzer Vineyards and related assets from Brown-Forman in California. The purchase price for the transaction is US$238 million. The transaction is expected to close in April 2011. The acquisition includes a portfolio [...]
Al Meezan Announces First Interim Cash Dividend for Al Meezan Mutual Fund
The Board of Directors of Al Meezan Mutual Fund Limited (AMMF) in its meeting held on Thursday February 17,20ll, declared an interim Cash dividend @ 5% per share (i.e., Rs. 0.50 per share) for the quarter ended December 31, 2010. The book closure will be held from March 24, 2011 to March 31, 2011 (Both [...]
Summit Bank – A Valuable Addition to Pakistan’s Banking Industry
The re-launch of Summit Bank (formerly Arif Habib Bank) was announced by the bank’s management at a press briefing session held at a local hotel. Summit Bank is one of the fastest growing Commercial Banks of the country supported by an overseas investment entity – Suroor Investment Limited. After the successful merger with Atlas Bank, Summit Bank has [...]
Khushhali bank Deploys Oracle Human Capital Management
Khushhalibank , Pakistan’s premiere microfinance bank, has successfully deployed Oracle Human Capital Management module, a component of the Oracle E-Business Suite Release 12, enabling its HR Department to expedite the recruitment process and evaluation of its staff performance. Khushhalibank has replaced a range of legacy standalone third party and in-house developed applications across various branches [...]
NRSP Microfinance Bank to get Connectivity and Surveillance Services from PTCL
An agreement has been signed between Pakistan Telecommunication Company Limited (PTCL) and NRSP Microfinance Bank Limited for the provisioning of ICT services, said a statement issued by PTCL. NRSP Microfinance Bank will utilize PTCL’s IP-Connect for their primary network and satellite based DVBS-2 for primary backup. In addition, PTCL’s i-Sentry product line will be used [...]
