Mobilink Bank Bags Four Awards at AMC-9 for Digital Innovation and Financial Inclusion

Nasir Taimori — Thu, 09 Oct 2025 08:56:45 +0000

Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s empowerment.

At AMC-9, themed “Renaissance of Microfinance”, Mobilink Bank was recognized as the Top Microfinance Bank for Active Borrowers (Nano-loans), the Top Microfinance Bank in terms of M-Wallets, powered by JazzCash, and the Top Microfinance Bank for Innovation, while also being conferred with the Leading Microfinance Bank in terms of Women Borrowers. All these accolades highlight the Bank’s leadership in expanding microcredit outreach, driving digital adoption, advancing gender equity, and pioneering sector-wide transformation, through inclusive, digitally powered nano-loans.
Aamir Ibrahim, Chairman Mobilink Bank, reflected on the achievement stating: “These awards reaffirm that meaningful financial inclusion isn’t just about access, it’s about impact. At Mobilink Bank and JazzCash, we are combining technology with empathy to enable millions of Pakistanis, especially women, to participate confidently in the formal economy. This recognition validates our belief that when innovation serves inclusion, progress becomes inevitable.”
Commenting on this milestone, Haaris Mahmood Chaudhary, President & CEO of Mobilink Bank, said: “Winning four awards at AMC-9 is a proud moment for Mobilink Bank – a testament to our commitment to innovation, financial inclusion, and women’s empowerment. Every day, we disburse over 150,000 nano-loans through JazzCash, that bring dignity, ease, and opportunity to underserved communities, strengthening Pakistan’s socio-economic landscape. From supporting people through COVID-19 to standing by them during floods, we remain steadfast in delivering inclusive digital solutions with integrity and purpose.”
With over 8.2 million active nano-loan borrowers and total disbursements exceeding PKR 45.9 billion, Mobilink Bank continues to redefine access to finance across Pakistan. JazzCash, Pakistan’s largest Digital Financial Services (DFS) platform, now serves 53.5 million wallet holders, with 33% of these accounts being held by women. Our industry-first core banking upgrade to R23 further underscores our drive for digital innovation and operational excellence.
AMC-9 is organized jointly by Pakistan Microfinance Network (PMN) alongside UNIDO-PAIDAR. The conference convened regulators such as the State Bank of Pakistan (SBP) and the Securities & Exchange Commission of Pakistan (SECP), development partners including the World Bank and Asian Development Bank (ADB), industry leaders, and innovators.
As the sector undergoes a renaissance with renewed focus on technology, resilience, and inclusion, Mobilink Bank remains committed to its founding mission: advancing digital-first financial inclusion, empowering women, and charting new frontiers in microfinance for Pakistan’s sustainable growth.

Al Baraka Bank Pakistan Limited Selects PTCL for Colocation Primary Data Center

Nasir Taimori — Thu, 24 Jul 2025 12:30:53 +0000

Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern infrastructure, platform solutions, and managed security services.
Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, and Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, signed the agreement during a ceremony held at the Bank’s Head Office in Karachi.
Shahid Sumar, Chief Information Officer, Al Baraka Bank Pakistan Limited, Syed Muhammad Saqib, Head of IT Infrastructure, Al Baraka Bank Pakistan Limited, Basharat Qureshi, Group VP Enterprise, PTCL & Ufone 4G, Sayyed Imran Bukhari, Group VP B2B Strategy, PTCL & Ufone 4G, Saleem Ullah Baig, Group VP DC Ops, PTCL & Ufone 4G, and Umar Farooqi, Group Director Enterprise, PTCL, were also present on the occasion, along with other officials.
During the signing ceremony, Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, said, “We are pleased to enter a partnership with Al Baraka Bank Pakistan Limited to support them in their information technology and digital transformation vision. As the national carrier of Pakistan, PTCL aspires to be at the forefront of assisting leading organizations in their efforts to adopt cutting-edge technology solutions to drive the national digital agenda.”
On the occasion, Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, stated, “We are pleased to sign this agreement with PTCL as our trusted partner for Data Center facility as part of the Bank’s technology transformation strategy. This partnership represents a major step forward in enhancing our infrastructure and strengthening our approach to data and platform management. By leveraging PTCL’s expertise, we aim to improve security, reduce time-to-market, and deliver a digitally empowered financial experience to our customers and partners.”
PTCL continues to deliver best-in-class ICT and security services to organizations across various industries in Pakistan. This agreement reflects the growing momentum in adopting digital solutions that enable a modern, customer-centric banking ecosystem.

Pakistan digital banking – To The Point

Mobilink Bank Bags Four Awards at AMC-9 for Digital Innovation and Financial Inclusion

Al Baraka Bank Pakistan Limited Selects PTCL for Colocation Primary Data Center