Hysab Kytab Boosts Women’s Digital Financial Inclusion througha a Grant from Karandaaz Pakistan

KARACHI: Under a grant from Karandaaz Pakistan, Hysab Kytab’s application saw a 27% increase in conversion rate of the offered financial products in its women consumers. Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation, is running a digital experiments program and provided a grant to Hysab Kytab to… Continue reading

HBL shuts New York operations as US to slap a penalty of $630 million

KARACHI: Habib Bank Limited (HBL) has announced to close its operations in New York after the state Department of Financial Services (DFS) seeks to  slap a civil monetary penalty of $629.625 million, which HBL termed “outrageous”. HBL’s scrip closed on its lower circuit breaker of 5.0 percent on Monday as… Continue reading