transitioning leadership mobilink bank ceo ghazanfar azzam steps down after 12 years

Transitioning Leadership: Mobilink Bank CEO Ghazanfar Azzam Steps Down After 12 Years

Ghazanfar Azzam, the President and Chief Executive Officer (CEO) of Mobilink Bank, has decided to resign from his position after serving for 12 years. His departure was announced on Monday. During his leadership, Mobilink Bank saw significant growth and solidified its position as a leading player in the microfinance sector. Azzam spearheaded the bank’s rapid…

Read More
al habib exchange launches operations in pakistan a milestone achievement

AL Habib Exchange Launches Operations in Pakistan: A Milestone Achievement

AL Habib Exchange, a subsidiary of Bank AL Habib, has officially started its operations in Pakistan. It has opened ten branches across four major cities: Karachi, Lahore, Islamabad, and Peshawar. Last year in September, following an announcement by Bank AL Habib, the Board of Directors unanimously agreed to establish an Exchange Company as a wholly-owned…

Read More
fintech mnt halan expands with advans pakistan microfinance bank acquisition

Fintech MNT-Halan Expands with Advans Pakistan Microfinance Bank Acquisition

MNT-Halan, a financial technology (fintech) company based in Egypt, has purchased Advans Pakistan Microfinance Bank, although the exact terms of the deal haven’t been disclosed. Established in 2017 by Mounir Nakhla, MNT-Halan provides a wide array of financial and non-financial services such as lending, “buy now, pay later” options, e-commerce, payments, and on-demand logistics. Advans,…

Read More

State Bank of Pakistan Refutes Rumors of Polymer Currency Notes, Assures Introduction of New Secure Banknotes

The State Bank of Pakistan (SBP) has dismissed speculations circulating in the news regarding the issuance of polymer currency notes, affirming its commitment to traditional paper-based banknotes. Recent controversies arose concerning misprinted banknotes in Karachi, prompting the SBP to clarify that such occurrences are inherent risks in large-scale currency production. Earlier, the SBP announced plans…

Read More