Governor SBP commends Mobile banking endeavors

state-bank-of-pakistan

Governor of State Bank of Pakistan (SBP), Yaseen Anwar has commended the proliferation and success of mobile banking in the country. Speaking at the 6th International Conference on “Mobile Banking in Pakistan” in Karachi, arranged by Total … [Read more...]

U Microfinance Bank given license by State Bank to operate nationwide

U Microfinance Bank

U Microfinance Bank Limited has been issued a nationwide license of operation by the State Bank of Pakistan this Friday. In a press release issued by the State Bank on its website, U Microfinance Bank Limited, formerly known as Rozgar Microfinance … [Read more...]

Pakistan imported 29.2 million mobile phones and 0.28 million laptops in FY12

mobile phone and laptop import FY 12

Despite economic crunch and shaky state of affairs, mobile phone handset usage in Pakistan increased witnessed a huge a surge. In the Financial Year (FY) 2012 Pakistanis imported 29.2 million mobile phones amounting to $ 688.4 million registering … [Read more...]

Zong all set to start branchless banking tomorrow

zong-mobilebanking-teaser-b

Zong is all ready to launch its branchless banking activity in association with its banking partner Askari Bank. We have heard that the launch event is happening tomorrow afternoon in Karachi. By doing this, Zong will become the third cellular … [Read more...]

Zong secures branchless banking license, operation to start soon

Zong secures branchless banking license, operation to start soon

Zong is scheduled to start its branchless banking operation in collaboration with Askari Bank by the end of November 2012 an official of the company confirmed MORE. In this regard, State Bank of Pakistan has issued a license to the joint venture … [Read more...]