Tue, 21-Oct-2025

MMBL’s financial inclusion initiative lauded

mmbl

ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) showcased its digital banking initiatives and women’s access to financial services at the ongoing Dubai Expo 2020, a statement said. MMBL President and CEO Ghazanfar Azzam shared the bank’s efforts in promoting financial inclusion in an integral event at the Pakistan Pavilion, “Women of Pakistan: Leading … Read more

Employers resent raise in key policy rate

EFP

KARACHI: The Employers’ Federation of Pakistan (EFP) is completely perplexed by the central bank’s action towards the recent interest rates, a statement said. EFP president Ismail Suttar said that the State Bank’s action to increase the level of already augmented interest rates proves that there is an absolute uncertainty about the correlation between inflation and … Read more

Employers’ to voluntarily pay EOBI contribution at enhanced rate

EOBI

KARACHI: The employers have agreed to voluntarily contribute to the Employees Old-age Benefit Institution (EOBI) at an enhanced rate and the Employers’ Federation of Pakistan (EFP) will establish the EOBI Help Desk in the EFP Secretariat to facilitate contributions, a statement said. This was agreed in a consultative meeting of the employers and the EOBI … Read more