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Easypaisa introduces money transfer to any mobile number

Islamabad, October 27, 2016:In yet another instance of innovating mobile financial services landscape, Pakistan’s first and largest branchless banking service Easypaisa has introduced money
transfer from Easypaisa Account to any mobile number. 

Formerly, Easypaisa Account holders could transfer money to any CNIC, bank account and Easypaisa Account across the country. With this new service launched, they now are enabled to send money to
any verified mobile number anytime, anywhere in the most secure and convenient way. This will further increase financial access, as the receiver can instantly open an Easypaisa Account and receive the
money.

“In pursuit of our financial inclusion goals, we are aiming to make Pakistan’s favorite branchless banking service, Easypaisa comprehensively accessible to everyone,” said Muhammad Yahya Khan, Head of Easypaisa, commenting on the new development. “Transferring and receiving money straight from their mobile phone enables the masses to enjoy free and effortless financial transactions,” he added.

For press release please click here.


 

Tameer Bank partners with Punjab government to disburse Rs.2 billion interest free loans to farmers via M-Wallet

Islamabad, October 13, 2016:Tameer Microfinance Bank has been appointed partner Bank for the programme that will be providing digital loans, digital disbursements and repayment to farmers across Punjab.

The scheme will not only provide interest-free loans but will also address long-existent issues faced by local farmers through smart phone-based crop and weather advisory and comprehensive consultancy services besides maintaining a digital platform to empower the farmers by keeping real-time monitoring and performance evaluation. 

Commenting about the development, President & CEO Tameer Bank Ali Riaz Chaudhry said: “We are bringing in Telenor Pakistan, Tameer Bank and Easypaisa’s technological infrastructure to support and expedite the government of Punjab’s interest-free loans scheme for small farmers. We are positive that through calculated and focused implementation, monitoring and support, we will be able to help the farmers increase their yield many folds and contribute additionally to the socio-economic progress of the country”

For press release please click here.


 

Easypaisa brings the most affordable and accessible car insurance policy in Pakistan

Islamabad, September 4, 2016:Consistently bringing innovation in Pakistan’s financial services framework, Easypaisa, in collaboration with United Insurance Company, is proud to introduce the industry’s first ‘Easypaisa Car insurance’, offering the most affordable and accessible set of auto coverage in Pakistan.

Easypaisa Car insurance can be availed by paying a premium price of 2.5% of the car’s market value annually, whereas competitive plans typically cost more. Unlike conventional car insurance policies, customers can subscribe to Easypaisa Car insurance and avail ‘third party insurance’ and ‘terrorism cover’, or going as far as to cover the ‘car mechanical insurance’ that has never been offered in Pakistan before. It covers everything that competitive insurance plans cover, and adds even more coverage! Easypaisa Car Insurance covers engine breakdown, drive axel, transmission, suspension, steering, cooling system, electric fixes and more. Furthermore, the customer is not required to submit any lengthy documentation; instead they can simply call the Easypaisa helpline at 3737 and an authorized surveyor will guide them through the process. Such universal availability with an easy process makes this car insurance plan accessible to an unparalleled number of people

Ali Riaz Chaudhry, President and CEO of Tameer Bank said, ‘With Pakistan’s fiercely growing automobile industry, subscribing to a reliable car insurance policy has become a prerequisite for every car owner. Digitally empowered, Easypaisa Car insurance is here to address all the needs of our customers.’

For press release please click here.


 

Easypaisa introduces first ever Money Transfer facility through biometric verification devices

Islamabad, July 28, 2016:Easypaisa, Pakistan’s leading Mobile Financial Service provider, has introduced the first ever Biometric Money Transfer facility on the extensive network of Easypaisa retailers across Pakistan. 

Customers using Mobile Financial Services had frequently requested for higher limits that catered to their financial needs. Before the launch of biometric money transfer service, customers could send or receive up to PKR 15,000 in a month from Easypaisa retailers. Now, using biometric services, customers can avail advanced limits of up to PKR 50,000 and transfer higher amounts. Customers who are not comfortable with sharing their CNIC copies, and thus do not use Mobile Financial Services, will now be able to trust and use the services easily. With the addition of thumbprint, Easypaisa retailers ensure that the customer’s CNIC is neither expired nor blocked by the government. Currently, more than 20,000 Easypaisa retailers are equipped and trained to facilitate its customers with biometric verification to transfer and receive funds, with more retailers being rapidly added.

Ali Riaz Chaudhry, President and CEO of Tameer Bank, said, “With a network of over 75,000 retailers across rural and urban areas, Easypaisa has been the most popular and successful over-the-counter (OTC) money transfer service crossing 650,000 transactions per day.  Introducing biometric methods of identification further enhances transparency, safety and ease of the transaction.”

For press release please click here.


 

Easypaisa revolutionizes financial inclusion

Islamabad, May 25, 2016:Pakistan's first and largest branchless banking service, Easypaisa proudly introduces two new features designed to bridge the financial inclusion gap in Pakistan:  the first telco ‘Other Mobile Operator’ interoperability through SMS based transactions for feature phone users and a smartphone app for smartphone users - together the two features mean that everyone in Pakistan regardless of their Operator’s SIM can now open the industry leading Easypaisa Mobile Account and operate it via any of the widest available channels of their choice including App, SMS, USSD or phone banking. 

Expressing his views, Ali Riaz Chaudhry, President and CEO of Tameer Bank, said, “We are extremely pleased at this ground breaking achievement, a testament that Easypaisa remains at the forefront of empowering people through innovative, technologically driven, and low cost financial services.”

For press release please click here.


 

Tameer Bank announces Ali Riaz Chaudhry as its new President & CEO

Islamabad, May 17, 2016:Tameer Microfinance Bank announced that Ali Riaz Chaudhry has assumed the role of bank’s new President & Chief Executive Officer effective yesterday. Ali was appointed to take charge after Telenor Group completed its 100% acquisition of Tameer Bank last month.

Ali’s appointment came at a time when Telenor Pakistan is transferring the management of Easypaisa to Tameer Bank. Upon assuming his new role, Ali said “We bid farewell to Nadeem Hussain, a very competent leader who transformed his ambitions into an immensely successful reality. I am excited to be a part of Tameer Bank.” Highlighting that Tameer now has an even stronger platform to scale digital financial services due to the convergence of conventional Microfinance banking and branchless banking, Ali emphasized, “We take pride in driving innovation for the entire financial ecosystem in the country. Our strategy remains transforming ‘banking-for-a-few’ to ‘banking-for-all’ and empowering Pakistanis on a larger scale than ever before.”

Sharing his views, Nadeem Hussain, the founder and outgoing President and CEO of Tameer Bank, said: “There is nothing more satisfying than seeing one’s efforts turn into a remarkable success, which is reflected in Tameer’s acquisition by Telenor Group. I’m pleased to pass on the torch to Ali Riaz Chaudhry who possesses the right experience and skills to take Tameer Bank to new heights.” Nadeem will join Tameer Bank’s board as a Director.

Prior to his appointment, Ali Riaz Chaudhry has held various executive positions at large international Banks like Citibank and Barclays across Asia, Middle East, Africa and Europe. He served as the CFO for the Middle East and Africa regions at Citibank, Global Consumer Bank and led Citibank’s Global Consumer Business in Egypt. He was also the Managing Director for Barclay’s largest payment business (Barclaycard) in the UK.


 

Tameer Banks wins “Best Microfinance Bank” and “Bank the unbanked” award at the Pakistan Banking Awards 2016

Karachi, May 14, 2016: The Institute of Bankers Pakistan (IBP) and the DAWN Media Group in collaboration with A.F. Ferguson & Co, held the first ever Pakistan Banking Awards 2016 at Mohatta Palace, honoring excellence in banking. These awards were given to banks that performed well and contributed towards social impact and financial inclusion.

The first award for the evening was for “Bank the Unbanked”, won by Tameer Bank for its focus on financial inclusion through branchless and conventional microfinance banking, in rural and low-income urban segments of the society including females. Tameer Bank grabbed the second award for “Best Microfinance Bank” for its all-round performance in expanding outreach through penetration efficiency and innovations along with both strong bottom line and social impact.

Speaking at the occasion, whilst receiving the awards, Ali Riaz Chaudhry, the newly appointed President and CEO of Tameer Bank, said “We are humbled to be recognized as a leader at the highest level in the industry. Our strategy is about transforming ‘banking-for-a-few’ to ‘banking-for-all’, its about moving long drawn out processes and exorbitantly expensive access to money for the unbanked, to instant digital fulfillment at affordable cost. We take pride in leading the drive to innovate the entire financial Eco-system in the country and this award is a testament of our success to-date”

For press release please click here.


 

JCR-VIS Reaffirms Ratings of Tameer Micro Finance Bank Limited at A+/A-1

Karachi, April 28, 2016:JCR/VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Tameer Micro Finance Bank Limited (TMBL) at ‘A+/A-1’ (Single A Plus/ A-One). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on April 17, 2015.

The assigned ratings to TMBL incorporate implicit support of the bank’s sponsor ‘Telenor Group’ (TG) which during the year increased its shareholding in the bank from 51% to 100%. TG has a credit rating of A/A-1 (Single A/ A-One) on the international scale. Ratings also derive strength from TMBL’s adequate liquidity profile and strong risk adjusted capitalization level which despite imposition of a cap on gold backed loans (with lower risk weight) is expected to remain healthy, Moreover, diversified revenue stream comprising income from investment & loan book and branchless banking (BB) provided support to assessment of TMBL’s profitability metrics.

For press release please click here.

 
 

PACRA Reaffirms Ratings of Tameer Bank; Remains on Rating Watch

Lahore April 28, 2016: The Pakistan Credit Rating Agency (PACRA) has upgraded the long-term entity rating of Tameer Microfinance Bank Limited (TMBL) to "A+" (Single A Plus) [Previous: "A"] while maintaining the short-term rating at "A1" (A One). These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The Pakistan Credit Rating Agency (PACRA) re-affirms long-term and short-term entity ratings of Tameer Microfinance Bank Limited (Tameer Bank) at "A+" (Single A plus) and "A1" (A One), respectively. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments.

For press release please click here.

 
 

Her Majesty Queen Maxima of Netherlands three-day visit to Pakistan.

Islamabad, 9 February, 2016:

Her Majesty Queen Maxima of Netherlands was on a three day visit to Pakistan, as a UN Secretary General’s Special Advocate (UNSGSA) for Inclusive Finance for Development. Key highlights of her visit were:

1. One on One meeting with Founder, President & CEO Nadeem Hussain to discuss challenges to Financial Inclusion.

2. Launch of ‘Universal Financial Access Initiative’ to accelerate financial inclusion, Where Nadeem Hussain moderated the Universal Financial inclusion session, panelists consist of her majesty, World Bank President Dr. Kim, Honorable finance minister Ishaq Dar and three bottom of the pyramid customers.

3. Visit to Easypaisa agent location.


 

Founder, President & CEO Mr. Nadeem Hussain chaired the Microfinance Institutions Round Table along with her majesty and other Microfinance Institutions representatives.

 
 

Grievance Commissioner Cell for Overseas Pakistanis

The Honorable Federal Ombudsman of Pakistan, Mr. M. Salman Faruqui NI, has established the Grievance Commissioner Cell for overseas Pakistanis in Federal Ombudsman Secretariat by appointing Hafiz Ahsaan Ahmad Khokhar Advocate Supreme Court of Pakistan, Senior Advisor Law / Registrar as "Grievance Commissioner for overseas Pakistanis" under section (7) of the Federal Ombudsman Institutional Reforms Act,2013 to address the individual and systematic issues of the Overseas Pakistanis related to the Federal Government Ministries, Departments, Organizations and Agencies.

The Detail information for connecting the Secretariat of Federal Ombudsman and Grievance commissioner cell is as follows:

Hafiz Ahsaan Ahmad Khokhar
Senior Advisor Law/ Registrar
Grievance Commissioner for Overseas Pakistanis

Address:
Federal (Wafaqi Mohtasib) Ombudsman Secretariat,
36- Constitution Avenue G-5/2 , Islamabad, Pakistan.

Landline : 0092-51-9217243
Fax : 0092-51-9217256
Mob : 0092-300-8487161

Email : Hafizahsaan1973@gmail.com / advisor.hakhokhar@ombudsman.gov.pk

Website : www.Ombudsman.gov.pk

 
 

Tameer Bank sponsors SAMN Regional Conference 2014 to be held on November 17-19 2014 in Islamabad

Karachi, November 12, 2014:Tameer Bank is the Silver Sponsor for forthcoming SAMN Regional Conference 2014.

The Regional Conference 2014 is being organized by South Asian Micro-entrepreneurs Network (SAMN) and hosted by Pakistan Microfinance Network (PMN). The Prime Minister of Pakistan is expected to inaugurate the Conference.

Over 500 professionals and experts from SAARC countries including top level representatives from their respective central banks and ministries are expected to meet during the three days to highlight and address the challenges, innovations and opportunities that have been seen in South Asia’s financial inclusion space especially for the low income segment.

The conference will provide an opportunity to participate in intellectually stimulating panel discussions covering various themes like small growing businesses, innovation and technology in microfinance, responsible financing and an enabling environment for microfinance etc. The Conference is scheduled to be held at the Serena Hotel, Islamabad starting from Monday, November 17th till Wednesday, November 19th, 2014. For details http://samnconference.com

 
 

Easypaisa launches interbank funds transfer facility across Pakistan

Karachi, June 16, 2014: Pakistan’s first and largest branchless banking service and a joint venture of Telenor Pakistan and Tameer Microfinance Bank, Easypaisa, has become the first mobile money service in Pakistan to become interoperable with the existing banking infrastructure by launching the Inter Bank Fund Transfer (IBFT) service enabling its customers to transfer funds between a number of Banks via the 1-link switch.

Easypaisa brings this revolutionary, first of its kind innovative service to both its Mobile Account holders and Over-the-Counter (OTC) customers. Easypaisa Mobile Account holders can now move funds from any Bank Account into their Easypaisa Mobile Account and vice versa conveniently and securely, thus overcoming one of the hurdles of getting funds into the branchless banking systems. Once the funds are in the Easypaisa Mobile Account, customers can proceed to use the most convenient and secure bill payment, money transfer or airtime recharge service in the country through the Easypaisa Mobile Account on their mobile phone. For the OTC service, any customer can walk into any of the Easypaisa shops and deposit cash directly into any Bank Account. With 40,000 Easypaisa shops in more than 750 cities and nearly 6 million unique customers using Easypaisa services each month, banked customers can deposit cash into their Bank Accounts without having to go into their Bank Branches. Customers will only need to approach an Easypaisa shop, provide their CNIC and their bank account number to use this service. This Cash Deposit facility will be available at Easypaisa shops while they are open, often late into the night and even on weekends.

“It is great step in the Banking industry, a revolutionary development which will act as a catalyst for the robust growth of the branchless banking industry in Pakistan,” said Nadeem Hussain, President and CEO of Tameer Micro Finance Bank.

“Easypaisa now connects the unbanked directly to the banking infrastructure by enabling them to send and receive money on their Mobile Accounts and through OTC services. Almost 80% of the population in this country is still unbanked and Easypaisa is working day and night to achieve financial inclusion of the unbanked people of Pakistan. In line with this ambition, Easypaisa’s IBFT service provides a platform to the unbanked class to connect with the traditional banking infrastructure, which is likely to boost the mobile banking culture in the country.”

Expressing his view regarding this new service, Yahya Khan, Chief Financial Services Officer, at Telenor Pakistan said, “We am extremely proud of being the first branchless banking service in Pakistan to move towards Interoperability and connect to the 1-Link switch for fund transfers. All the current closed-loop mobile money services in Pakistan have to strive and move towards open-loop systems where customers can move funds between bank accounts and branchless banking accounts and vice versa. The opening up of Easypaisa agents for cash deposit into other banks is similarly a unique service we’re introducing to meet an unserved need out there.

We believe that Banks and Branchless Banking services complement each other in Pakistan and can work in harmony to serve everybody in Pakistan.”

 
 

Sindh Education and Literary Department and Easypaisa partner up to distribute Rs.1.2 billion of education stipends

Karachi, 16 June, 2014: The Sindh Ministry of Education and Literacy Department and Easypaisa have signed a contract to electronically disburse Rs.1.2 billion to girl students as a stipend through the Easypaisa ATM cards. The contract was signed by Senior Minister for Education and Literacy Department, Mr. Nisar Ahmed Khoro and Mr. Nadeem Hussain, CEO and President Tameer Microfinance Bank at a local hotel.

Sharing his thoughts on the occasion Mr. Khoro said that the disbursement of stipends through Easypaisa will not only make the process transparent and faster but will also encourage under-privileged parents to enroll their daughters in schools.

The Government of Sindh has allocated Rs.1.2 billion that will be disbursed through Easypaisa ATM cards to 450,000 female students belonging to of class six to class ten for their financial assistance. Students from over 45 less developed Tehsils/Taulkas will be receiving a stipend of Rs.3500 each per year for education whereas the stipend for urban students is fixed at Rs.2500 each per year.

Mr. Khoro said that one of the UN Millennium Development Goals (MDGs) is to provide education for all. He acknowledged the fact that the Government of Sindh is trying its best to achieve the goal by collaborating with private institutes and organizations. Mr. Khoro said “Tameer Micro Finance Bank and Telenor Pakistan have been a part of various initiatives by different Governments to promote education.”

Speaking at the occasion, Nadeem Hussain, CEO Tameer Micro Finance Bank said, “Easypaisa has always been at the forefront in introducing innovative ways to help society move forward. We are delighted to have joined hands with the Education and Literacy Department of the Government of Sindh, to ensure free of cost and transparent awarding of stipends to young girls, which will motivate them to acquire education. This approach is yet another step in empowering the youth of our society.”

It may be noted that earlier the stipend money was being transferred through Pakistan Post Office where the masses had numerous complaints about the transparency of the process.

 
 

Tameer Bank starts financial inclusion in Gawadar, Baluchistan

Karachi, 29 May 2014:Pakistan’s first scheduled and largest private sector microfinance bank, Tameer Bank, formally inaugurated its new branch in Gawadar, Baluchistan today. Tameer now has a footprint of over 135 locations across the country.

Mr Nadeem Hussain, CEO of Tameer bank, inaugurated the branch along with senior members of the bank and representatives of Winrock International. Speaking on the occasion, he said: "Today is a historic day for Tameer, as we open our 2nd branch in Baluchistan. Providing access to financial services is fundamental in developing an eco-system to support the unprivileged. I am confident that Tameer’s presence in Gawadar will positively impact the remote coastal belt, especially by linking fishing communities of Karachi and Gawadar with the rest of Pakistan."

This initiative is aimed at promoting financial and economic activities in Baluchistan through introduction of new means of business to the farmers, fishermen and other business folk of Baluchistan. Setting up of this branch was made possible by financial, logistic and administrative support by United States Department of Agriculture (USDA) through Pakistan Agriculture and Cold Chain Development Project (PACCD).

 
 

Tameer Bank starts financial inclusion in Mithi, Tharparkar

Karachi, 7 April 2014: Pakistan’s first scheduled and largest private sector microfinance bank, Tameer, formally inaugurated its new branch in Mithi, District Tharparkar, Sindh, last week. This is Tameer’s 27th branch in Sindh and 51st branch in Pakistan.

Commenting on the occasion, Mr. Nadeem Hussain, President and CEO of Tameer said: "I am delighted to see Tameer in Mithi as part of our plan of extending outreach to the interior and remote areas. Providing access to financial services is fundamental in developing an eco-system which supports development of people who are at the bottom of the pyramid. I am confident that Tameer’s presence in Mithi will have a similar positive impact in this area."

Mithi branch is part of Tameer’s financial inclusion plan of empowering the unbanked across the country and will offer the entire range of Tameer bank’s products.

 
 

TPL Direct Insurance and Tameer Bank sign Memorandum of Understanding for the Launch of Micro Health Insurance "Tameer Sehat-O-Sakoon"

Karachi, December 31st, 2013: TPL Direct Insurance Limited, Pakistan's only direct insurance company, has partnered with Tameer Microfinance Bank and has signed an agreement to launch micro-health insurance covers to targeted customers residing in small cities and villages with no access to financial institutions.

'Tameer Sehat-O-Sukoon', is a health micro-insurance product that will be offered to low-income individuals to provide them with quality health care when they need it most. It is an in-patient product, which offers cashless access to health services with coverage worth Rs. 40,000 against an annual premium of Rs. 700. It will be rolled out stage-wise across all Tameer Bank Touch Points throughout Pakistan and will be available for Tameer Bank customers as well as non-Tameer Bank customers.

The aim of this initiative is to provide access to formal insurance that protects against health risks such as severe or chronic illnesses, accidents, and obstructed births. These shocks are particularly damaging for poor households who are more vulnerable and less able to absorb the financial consequences of such events.

Speaking on the occasion, Mr. Tariq Mohar, Deputy CEO, Tameer Microfinance Bank said, "Tameer Sehat-O-Sukoon is part of Tameer Bank's strategy in line with our vision to emerge as a global benchmark for innovative and commercially viable microfinance solutions for the unbanked and offer them a means to socio-economic empowerment. Our health insurance product is an effort to bridge the gap between the haves and the have-nots and to promote greater inclusion within society and provide them with a safety net against financial shocks."

Mr. Saad Nisar, CEO TPL Direct Insurance stated "We are very pleased to be associated with the 'Tameer Sehat-O-Sukoon' initiative. Health insurance is a complex system in developing countries. Resource & distribution constraints pose a collective challenge. TPL Direct insurance has looked at various limitations and is determined to overcome these constraints through micro-health insurance. New evidence shows that micro-health insurance can reduce expenditure on health care for clients and encourage them to seek care earlier. We hope to bring about convenience and numerous benefits for the people."

 
 

Tameer Bank Conducts first transaction at PMEX at the launch of “Milli Tola Gold”

Karachi, December 16th, 2013: Pakistan Mercantile Exchange Limited (PMEX), the only commodity futures exchange of Pakistan, launched Milli Tola Gold on December 16, 2013. Milli Tola Gold has been exclusively designed for all types of investors who are seeking a convenient way to buy, sell and accumulate gold with ease and peace of mind. The product allows investors to purchase gold in small amounts, starting from Rs. 50. The gold is stored in PMEX’s vaults and is electronically tradable. In addition, the Milli Tola Gold provides the option of taking physical delivery of gold.

Tameer Microfinance Bank Limited (TMFB) has partnered with PMEX to introduce Milli Tola Gold contracts via their Sarmaya centers to make them available for the masses for which the first transaction was conducted by Mr. Nadeem Hussain (Founder, President and CEO) of Tameer Microfinance Bank at PMEX premises.

PMEX and TMFB had signed a Memorandum of Understanding in March 2013 to offer a gold based product which would give opportunity to all income strata to invest in gold with trust, security and convenience. The product is now available in small lot sizes, which will make it conducive for people to invest in gold with cash flow ease and convenience and save it securely in PMEX’s custody.

Commenting on the occasion, Mr. Ejaz Ali Shah, Managing Director PMEX, said, “We are pleased to add another flagship product in our portfolio, which is aimed at every Pakistani investor. On one hand, it enables every Pakistani to invest in gold to build savings with convenience, security and ease of liquidity. On the other hand, it offers a huge opportunity to PMEX brokers to expand their business by offering services to a much wider market segment. This can be accomplished by cultivating partners having access to the customers like credit cards and telecom companies in order to take this product to every house in Pakistan. PMEX will remain committed towards creating value for all stakeholders in future as well.”

Speaking on the occasion, Mr Nadeem Hussain, Founder, President and CEO, Tameer Micro Finance Bank said, “We are extremely pleased at this ground breaking achievement, the first of its kind in the Pakistani market, which will help create financial inclusion through small savings and investments in gold. We see such initiatives as catalysts to help achieve our vision of creating socio-economic empowerment.”

 
 

PACRA Maintains Ratings of Tameer Microfinance Bank Limited

LAHORE, March 22, 2013: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Tameer Microfinance Bank Limited (TMBL) at "A" (Single A) and "A1" (A One), respectively. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments.

 
 

6th Microfinance Country Forum held

KARACHI, December 06, 2012: Nadeem Hussain President and CEO of Tameer Microfinance Bank has said that small scale diligent entrepreneurs have proven to be prudent, as they ensure the lowest default ratios Addressing the 6th Microfinance Country Forum on Wednesday, he said that there is a misconception in the financial markets, that a low income population is not credit-worthy.

 
 

Initiative helps flood-hit women fight poverty

MUZAFFARGARH, August 5th, 2012: This project has brought economic empowerment for us,” she said. Under the project, she said, funds were being provided by the Tameer Micro Finance Bank and logistic support by Awaz Foundation.

 
 

Initiative helps flood-hit women fight poverty

MUZAFFARGARH, August 5th, 2012: This project has brought economic empowerment for us,” she said. Under the project, she said, funds were being provided by the Tameer Micro Finance Bank and logistic support by Awaz Foundation.

 
 

Easypaisa and PIA join hands to provide ticket payment facility

KARACHI, July 03, 2012:PIA passengers will now be able to pay for their air tickets at any Easypaisa shop, Telenor Pakistan Sales & Service Center, Tameer Bank branch or from their own mobile phones via an Easypaisa Mobile Account.

 
 

JCR-VIS reaffirms Entity Ratings of Tameer Micro Finance Bank Limited at A/A-1

Karachi, April 26, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Tameer Micro Finance Bank Limited (Tameer) at ‘A/A-1’ (Single A/A-One) with a ‘Stable’ Outlook

 
 

Tameer Bank CEO wins microfinance ‘Leader of the Year’ award

ISLAMABAD, July 14, 2011: Nadeem Hussain, President & CEO Tameer Microfinance Bank has been selected ‘Leader of the Year’ by an international panel of microfinance thought leaders at the Sixth Annual Global Microfinance Achievement Awards 2011

 
 

Easypaisa Mobile Accounts to help empower people

KARACHI, July 4, 2011: Telenor Pakistan and Tameer Microfinance Bank Limited launched a branding campaign for one of their products under the branchless banking solution, Easypaisa. Through Easypaisa Mobile Account customers can send & receive money and pay their utility bills right from their mobile phone, anywhere, anytime.

 
 

UK's Secretary of State for International Development and Deputy Governor State Bank visit easypaisa outlet

KARACHI, June 1, 2011: Visiting Secretary of State for International Development for United Kingdom, Andrew Mitchell along with Deputy Governor State Bank Yaseen Anwar visited Tameer Microfinance Bank Limited and Telenor Pakistan's easypaisa outlet in Karachi today. They were accompanied by Nadeem Hussain, CEO Tameer Microfinance Bank. The visitors witnessed transactions being carried out at the outlet and discussed advantages of mobile financial services for financial inclusion in Pakistan.

 
 

Mobile financial services can help create new jobs, raise Pakistan's GDP

ISLAMABAD, May 31, 2011: According to a recent study conducted by Telenor Group and Boston Consulting Group, wider access to mobile financial services in Pakistan could lead to the creation of 1 million new jobs by 2020. An estimated US$2 billion could be added annually to government revenues, helping raise Pakistan's GDP growth by 3%.

 
 

Tameer Bank to provide cash management, service delivery facilities to Asasah

KARACHI, May 11, 2011: Tameer Microfinance Bank Limited (TMBL) will offer NGO and microfinance institution Asasah cash management and service delivery facilities for loan disbursements and repayments. Asasah clients will be able to receive disbursed loans at any of Tameer's network of 100 branch banking outlets, as well as at any 1Link ATM in the country, and repay the loans via easypaisa's branchless banking solution.

 
 

Tameer Banks Rating Upgraded by JCR-VIS

Karachi, April 29, 2011: JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the entity ratings assigned to Tameer Microfinance Bank Limited (Tameer) from ‘A-/A-2’ (Single A Minus/A Two) to ‘A/A-1’ (Single A/A One). Outlook on the assigned ratings is ‘Stable.

 
 

Norwegian Environment and International Development Minister visits easypaisa outlet

Islamabad, November 22, 2010: The Norwegian Minister for Environment and International Development Erik Solheim visited a Telenor Pakistan easypaisa retail outlet at a local market today. He was accompanied by Norwegian Ambassador to Pakistan Robert Kvile and Chief Strategy Officer & VP Corporate Affairs Telenor Pakistan Aamir Ibrahim. The minister is in Pakistan to see ongoing flood relief and rehabilitation activities. Norway has contributed 400 million Norwegian Kroners (USD67 million) for Pakistan's flood affected.

 
 

Easypaisa wins Best MMT Entrant of the Year Award

ISLAMABAD, November 2, 2010: Easypaisa has won the award for Best Mobile Money Transfer Entrant of the Year at the world’s first Mobile Money Transfer (MMT) Awards held in Dubai last week, making it the year’s best service of its kind in the world.

 
 

Easypaisa Introduces Mobile Accounts

Islamabad. 24th Feb 2010: Tameer Microfinance Bank and Telenor Pakistan announced a first of its kind product in Pakistan, offering transactions through the customer's own mobile phone. 'Mobile Account' is the third in the suite of services being offered under the banner of easypaisa. Mobile Accounts will provide utility bill payment, money transfer and cash in / cash out services through customer's Telenor connection. Customers will be able to carry out deposits and withdrawals from any of the 5500+ easypaisa Retail Merchants, 23 Sales and Service Centers, 50 Tameer Microfinance Bank Branches and 225 Telenor Franchises from all over the country.