SBP Adopts Measures to Promote Digital Payments
In order to curtail the risk of spread of coronavirus and limit the physical interaction of citizens at bank branch level, the State Bank of Pakistan has waived all bank charges for online fund transfer services and the transactions charges on Real Time Gross Settlement System for customers.
IFC Lends Support to UniCredit Leasing to Enhance SME and Climate Financing in Romania
The EUR 27.5 million investment will generate jobs, boost energy-efficiency measures, and help reduce carbon emissions.
Pakistan: Microfinance During COVID
According to Pakistan Microfinance Network, negative effects of the pandemic are obvious since March 2020.
Remittances to Pakistan Stay Above $2 Billion for Sixth Consecutive Month
UAE emerges second largest source of remittances for Pakistan in first five months of FY 2021.
Pakistan: ACCA, PITB Join Hands to Increase Financial Inclusion
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.
Pakistan: JS Investments Launches JS Microfinance Sector Fund
With this addition, the company stays true to its vision of providing investors of Pakistan access to all asset classes.
FINCA Pakistan Response to COVID-19 Pandemic
FINCA Pakistan is one of the first financial institutions to implement a Work From Home (WFH) plan to ensure the safety of its employees and their well-being while re-assessing the Business Continuity Plan (BCP) to ensure its patrons have access to financial services during the pandemic.