PTCL injects PKR 4 Billion in U Microfinance Bank for growth

By Team BitBol, 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. This capital injection will enable the bank to further capitalize on the growth opportunities possible in Pakistan’s microfinance … Read morePTCL injects PKR 4 Billion in U Microfinance Bank for growth

The Bank of Khyber signs PTCL for Managed Services contract

By Team BitBol, The Bank of Khyber signs Pakistan Telecommunication Company Limited (PTCL) for managed services contract for a period of five years. Under this agreement, PTCL willmanageand maintain active & passive network operations on behalf of the bank at more than 170 branches countrywide, as well assupport the bank in meeting the current and … Read moreThe Bank of Khyber signs PTCL for Managed Services contract

JazzCash strengthens in-app marketplace in Pakistan

By Team BitBol, JazzCash, the country’s fastest growing fintech, has signed agreements with Bookme, Easytickets and EatMubarak to bolster in-app options for customers. These partnerships will allow users to buy tickets for bus and air trips, cinemas and events in addition to government payments, utility bills and loan repayments. Such a collaborative ecosystem enables JazzCash … Read moreJazzCash strengthens in-app marketplace in Pakistan