The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan and comes soon after U Bank’s full-scale commercial launch of Islamic Banking services nationwide.

This collaboration will open doors for the provision of financial services to the SAF across a broad spectrum of banking solutions.

The three Mobilink Microfinance Bank initiatives include low-cost 4G handsets for customers bundled with the bank’s digital banking application, e-commerce services for female entrepreneurs, and an agriculture advisory service for farmers in Pakistan. 

Under this agreement, Karandaaz has committed a grant to FINCA Microfinance Bank Pakistan for initiating and running an exploration program that will help FINCA design gender-sensitive products and communication strategy with the aim of reducing the gender gap.

This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy.

Under this collaboration, existing or potential customers of the bank looking to purchase a tractor for their farming needs will be able to book a tractor which will be delivered on easy terms and conditions through a quick and hassle-free process.

With this addition, the company stays true to its vision of providing investors of Pakistan access to all asset classes.

New HOPE Inside centers in select Wells Fargo branches increase access to financial education and guidance.

The goal of the collaboration is to work jointly mainly on financial inclusion, financial literacy of Punjab Information Technology Board incubation wing startups and awareness for the stakeholders of the Association of Chartered Certified Accountants.

Citi will be the only top five U.S. bank to completely eliminate these fees, representing its continued commitment as a top leader in banking to increase financial inclusion in underserved communities.