Karandaaz and Allied Bank Join Hands for developing an Innovative Credit Scoring Model for SMEs

By Team BitBol,  Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based, credit scoring model for small and medium enterprises (SMEs). During this annual challenge, Karandaaz had invited ideas from entities interested in developing and … Read moreKarandaaz and Allied Bank Join Hands for developing an Innovative Credit Scoring Model for SMEs

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