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JS Bank and Dellsons discuss Prospects & Challenges of Emerging Digital Ecosystem

JS Bank and Dellsons discuss Prospects & Challenges of Emerging Digital Ecosystem

Pakistan should focus on collective efforts to promote the digital ecosystem by adopting the collaboration mindset, seminar speakers suggested The seminar on Emerging Digital Ecosystem – Prospects and Challenges was organized by Dellsons in association with JS Bank. The conference was aimed at bringing all the senior management of JS Bank and Group companies on one platform to make collective ... Read More »

Bank of China gets license from State Bank to operate in Pakistan

Bank of China

Bank of China makes its way into Pakistan with $50 million investment Bank of China (BoC) will set up its first branch in Pakistan as it has received its banking license from Pakistan’s central bank, the State Bank of Pakistan (SBP). The government-run Bank of China (BoC) will initially bring in $50 million to meet minimum capital requirements. The new ... Read More »

JS Bank signs MoU with Pakistan Institute of Management

JS Bank

To improve JS Bank’s human resource in line with the best global practices, the Bank’s learning & organizational development division has initiated a number of projects with training and educational institutions. A first of its kind strategic linkage was signed with Pakistan Institute of Management (PIM) led by Muhammad Aneek Rehman who is the Unit Head of Batch Recruitment & ... Read More »

Digital Banks to be soon launched by State Bank of Pakistan

Digital Banks to be soon launched by State Bank of Pakistan

Branchless banking will gain recognition in Pakistan with the opening of all-digital banks State Bank of Pakistan (SBP) is currently working on the mechanism to launch digital banking services in Pakistan. According to the Executive Director of SBP, Syed Irfan Ali, the new category of banking services will provide more people with access to banking services. “Move will help achieving the ... Read More »

Pakistan State Bank inaugurated Data Centre to control money laundering

Data Centre inaugurated to control money-laundering and terror financing

Governor State Bank Ashraf Wathra along with British High Commissioner and UNODC representative inaugurated the Data Centre. The State Bank of Pakistan inaugurated Pakistan’s first high-tech data centre by State Bank of Pakistan Governor, the British High Commissioner and the Representative of the United Nations Office on Drugs and Crime at the Financial Monitoring Unit Karachi. The newly established Data ... Read More »

Pakistan’s Summit Bank and China’s UnionPay sign accord to boost friendly exchanges

Pakistan's Summit Bank and China's Union sign accord to boost friendly exchanges

UnionPay Card serves as a bridge to boost friendly exchanges between Pakistan and China UnionPay International has announced that it has signed an issuance agreement with Pakistan Summit Bank. Pakistan’s Summit Bank and China’s UnionPay International  have agreed to jointly issue UnionPay cards on a large scale. Now, UnionPay has become the international bankcard brand with the second largest market ... Read More »

EXIM Bank offers long-term financing opportunities in Pakistan

EXIM Bank offers long-term financing opportunities in Pakistan

The Export-Import Bank of the United States is here to compete for Pakistani business, and is ready to partner with Pakistan to reach its development goals, EXIM Chairman Hochberg said ISLAMABAD – Export-Import Bank of the United States (EXIM) will now offer long-term financing in Pakistan for public sector projects, Chairman and President of the Bank, Fred P. Hochberg announced. “The Export-Import Bank of ... Read More »

Asian Infrastructure Investment Bank launches with $100bn in capital

Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), speaks at a press conference in Beijing, capital of China, Jan. 17, 2016. (Xinhua/Li Xin)

The Asian Infrastructure Investment Bank is designed to revamp aging infrastructure in emerging Asian economies. The Chinese-led bank starts with 57 member states and a capital stock of $100 billion. BEIJING (China) — The Asian Infrastructure Investment Bank (AIIB) opens with $100bn in capital contributed by its 57 member nations and is expected to lend $10-$15bn annually over the first ... Read More »

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