KARACHI - 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, where the Memorandum of Understanding (MoU) was signed by Mr Kabeer Naqvi, President & CEO – U Microfinance Bank and Mr Zarrar Sehgal, Chairman – Pathfinder Group, in the presence of Mr Ikram Sehgal, Co-Chairman – Pathfinder Group, and other senior management members from both the organizations.
Speaking at the occasion, Mr Kabeer Naqvi, President & CEO – U Microfinance Bank stated, “As a mission-driven bank with financial inclusion for citizens across all societal segments as our objective, we are glad to have entered into this collaboration with Pathfinder Group. This gives us an opportunity to expand our digital outreach and bring the unbanked population into the financial ecosystem in an efficient manner.”
Mr Zarrar Sehgal, Chairman – Pathfinder Group, shared his views on the importance of this strategic partnership agreement. He stated that such partnerships will help economically empower the masses and have a long-lasting impact on digital financial inclusion in Pakistan. Pathfinder group looks forward to working closely with U Bank to create impact and bring inclusion.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 9, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||331||334.2|
|Hong Kong Dollar||HKD||35.08||35.43|
|New Zealand Dollar||NZD||173.63||175.63|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs193,700 on Thursday. The price of 10 grams of 24k gold was recorded at Rs166,070.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 193,700||PKR 2,350|
|Karachi||PKR 193,700||PKR 2,350|
|Islamabad||PKR 193,700||PKR 2,350|
|Peshawar||PKR 193,700||PKR 2,350|
|Quetta||PKR 193,700||PKR 2,350|
|Sialkot||PKR 193,700||PKR 2,350|
|Attock||PKR 193,700||PKR 2,350|
|Gujranwala||PKR 193,700||PKR 2,350|
|Jehlum||PKR 193,700||PKR 2,350|
|Multan||PKR 193,700||PKR 2,350|
|Bahawalpur||PKR 193,700||PKR 2,350|
|Gujrat||PKR 193,700||PKR 2,350|
|Nawabshah||PKR 193,700||PKR 2,350|
|Chakwal||PKR 193,700||PKR 2,350|
|Hyderabad||PKR 193,700||PKR 2,350|
|Nowshehra||PKR 193,700||PKR 2,350|
|Sargodha||PKR 193,700||PKR 2,350|
|Faisalabad||PKR 193,700||PKR 2,350|
|Mirpur||PKR 193,700||PKR 2,350|