Web Desk
Islamabad, March 06, 2023 (PPI-OT): Pakistani microfinance institution, U Microfinance Bank Limited has collaborated with Huawei to scale and modernize UPaisa e-wallet system. The initiative further enhances the bank’s pursuit of innovation and the future readiness of its operations through robust infrastructure in order to accelerate digital and financial inclusion in Pakistan. UBank has issued…
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Islamabad, January 25, 2023 (PPI-OT):U Microfinance Bank (U Bank) and Pathfinder Group have entered into a strategic collaboration to utilize organizational strengths to offer digital financial services and other banking-related services to customers. The signing ceremony took place at the Pakistan Pavilion, held on the sidelines of World Economic Forum 2023 in Davos – Switzerland,…
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Islamabad, December 15, 2022 (PPI-OT):U Microfinance Bank (U Bank) Islamic Banking has received the prestigious international award for Upcoming Islamic Retail Banking Window in Pakistan 2022 during the 8th Islamic Retail Banking Awards 2022, hosted by Cambridge IFA in Indonesia. The award honours U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan, and comes…
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Islamabad, December 06, 2022 (PPI-OT):Pak-Qatar Family Takaful Limited and U Microfinance Bank (U Bank), Pakistan’s fastest-growing microfinance bank, have strategically signed a landmark BancaTakaful agreement. Under this collaboration, family Takaful products will be offered through U Bank’s distribution network, which is amongst the largest microfinance banking branch networks in Pakistan. The Memorandum of Understanding (MoU)…
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Islamabad, December 02, 2022 (PPI-OT):Sindh Enterprise Development Fund (SEDF) and U Microfinance Bank (U Bank) have formed an Institutional Collaboration to provide subsidized credit for Micro, Small and Medium Enterprises (MSMEs) in Sindh. The agreement aims to foster economic development through the provision of subsidized credit facilities for innovative projects in Sindh. The Memorandum of…
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Islamabad, November 25, 2022 (PPI-OT):U Microfinance Bank (U Bank) has received the commercial license for launching full-scale Islamic Banking services across Pakistan. U Bank commenced its pilot Islamic Banking operations earlier this year, starting with five branches, and later extended it further across the country to include the cities of Karachi, Lahore, Peshawar, Gujranwala, Sahiwal,…
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Islamabad, October 27, 2022 (PPI-OT):U Microfinance Bank has joined hands with Shahid Afridi Foundation (SAF) for the SAF Education initiative. Under this partnership, U Bank will support the establishment of an IT Lab at SAF School, Malikpur Campus, Lahore. This collaboration is aimed at uplifting the education sector in Pakistan and will enable 430 students,…
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