LAHORE -- The Board of Directors of Telenor
Microfinance Bank has appointed Mohammad Mudassar Aqil as the bank's new CEO.
KARACHI -- The Board of Directors of Telenor
Microfinance Bank has appointed Mohammad Mudassar Aqil as the bank's new CEO.
Microfinance loans jump 32% to P22.6 billion in 2018 !-- -- Lawrence Agcaoili (The Philippine Star) - June 3, 2019 - 12:00am MANILA, Philippines
Microfinance loans jumped by more than 32 percent to P22.61 billion last year from P17.11 billion in 2017 as the number of microfinance-oriented banks almost doubled, the Bangko Sentral ng Pilipinas (BSP) said in the latest report on regional economic developments in the Philippines.
ISLAMABAD -- Aiming to further its efforts towards bringing the unbanked and underbanked into the fold of financial services, Pakistan
Microfinance Network (PMN) has signed an agreement with Telenor
Microfinance Bank (TMB), in the presence of the management of both institutions, to digitize Pakistan's
microfinance industry through 'Digital Services Platform (DSP).'
PMN aims to leverage the capabilities of Telenor
Microfinance Bank'sbranchless banking solutions to power its Digital Services Platform that will offer digital payments services in a shared hosting environment.
Building such a platform for the
microfinance sector is pivotal to increase outreach of financial services as envisaged by National Financial Inclusion Strategy (NFIS) and Financial Inclusion Programme (FIP).
ISLAMABAD -- In its vision and aspiration to innovate and lead in the Customer Experience Management domain, Khushhali
Microfinance Bank (KMBL) entrusted C Square to deploy Contact Center/CX Solution by Genesys and Avantage CRM, one of the best rated solutions globally.
Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for PKR 4 Billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U
Microfinance Bank (U Bank), which is a wholly owned subsidiary of PTCL.
ISLAMABAD -- Connecting the
microfinance sector with capital markets is vital in order to enable the sector embark on a growth trajectory and support government's vision of creating jobs, expanding financial inclusion and consequently alleviate poverty, a director of the Securities and Exchange Commission of Pakistan (SECP) said.
Chairwoman of the Egyptian Union of
Microfinance Mona Zulficar CAIRO -- 2 September 2018: The amount of credit allocated to
microfinance granted by banks, NGOs, and private enterprises locally rose to LE15.6 billion ($876.4 million) in the second quarter of 2018.
Karachi -- As Khushhali
Microfinance Bank Limited continues to expand its customer base amongst an increasingly growing
microfinance market, it recognizes the need to continue to offer innovative services to meet consumer demands.