Pakistan’s leading digital microfinance bank, Mobilink Bank, has been certified as a Top Employer in Pakistan for 2025 by the prestigious Top Employers Institute, a global authority recognizing excellence in people practices. Mobilink Bank is Pakistan’s first and only bank to receive this prestigious certification, affirming its standing as one of the country’s most inclusive
Indian benchmark indices, Sensex and Nifty, continued their downward path during the afternoon session on May 20, hampered by declines in the auto, banking, and pharma sectors. The Nifty Midcap 100 and Smallcap 100 indices also succumbed to selling pressure, bringing an end to their six-day winning streak. By noon, the Sensex had dropped by
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KARACHI: In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed a major upgrade of its banking technology platform. This strategic enhancement demonstrates NBP’s ongoing commitment to harnessing modern innovations to streamline operations. The improved banking platform introduces a suite of enhancements, including accelerated transaction processing, significantly reduced
The Indian stock market witnessed a remarkable rally last week, with the Nifty50 climbing 4.2% following the ceasefire announcement in the India-Pakistan war. Responding positively to the peace deal, investors saw an opportunity to capitalise on improving market sentiment. Defence and PSU stocks saw an impressive uptick, while banking stocks, especially smaller-cap ones, found their
Six major financial institutions roped in to support investment growth KUALA LUMPUR: Six major financial institutions – both local and international – have been roped in to support investment growth in the Johor-Singapore Special Economic Zone (JS-SEZ). The six are Bank of America, HSBC, Sumitomo Mitsui Banking Corporation, CGS International Securities, Maybank and CIMB. Economy
Stamford, Connecticut on Aug. 7, 2023.Adobe Stock Two months after shepherding a $58 million private placement to completion, Patriot National Bancorp CEO Steven Sugarman is remaking the Connecticut bank’s board and management team. Patriot, which has $957 million of assets, announced a number of new director and executive appointments on Monday. Most prominently, Private Bank
Tony G. Uribe: SBA lenders are likely to face a dynamic environment in 2025. The SBA had eased eligibility requirements under the previous administration, but the current administration has indicated an intention to reverse many of those changes in the near future. This shift is largely driven by rising delinquency and default rates, as well
Barclays, HSBC and Lloyds banks have all disappeared from the town centre since 2023, while Santander is due to close its doors, on Brecon’s High Street, next month. Brecon, Radnor and Cwm Tawe MP David Chadwick wants a banking hub for Powys’s second largest town, but says his proposals could fall short because Brecon still
By Jeff Koyen In the age of streaming movies and same-day shipping, many banks and financial institutions may not be delivering the instant results consumers increasingly expect. Bank transfers, for example, often remain sluggish: According to research from Visa, nearly two-thirds are conducted via ACH, which can take days to settle.1 getty More customers are