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Tameer Microfinance Bank & Telenor Pakistan launch ‘Money Transfer’ service
Islamabad, 19th November 2009. Tameer Microfinance Bank and Telenor Pakistan have announced launch of Money
Transfer, the second in a suite of products being offered under easypaisa. Money Transfer is a secure, easy
and convenient way of sending and receiving domestic remittances through easypaisa retail outlets. Users will
have the convenience to access the service from more than 4,000 easypaisa merchants, a figure expected to reach
20,000 by the end of year 2010. |
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Media Clarification
Islamabad, November 05, 2009: Recently, media has reported that IESCO and LESCO have asked their customers to not deposit their bills at Tameer bank's easypaisa retailers. IESCO and LESCO have taken the position that they do not have an agreement with Tameer bank for bill collection through this channel. |
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Telenor Pakistan & Tameer Bank launch ‘easypaisa’
Islamabad, 15th October 2009. Telenor Pakistan and Tameer Microfinance Bank together have announced the launch of easypaisa, a uniquely convenient and safe way for everyone to carry out financial transactions. easypaisa users will have the freedom to make bill payments and send and receive money at thousands of outlets and in addition manage their bank accounts over their mobile phones. easypaisa combines the best from the financial and mobile sectors, offering the first branchless banking solution of its kind in Pakistan and neighboring countries.
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SBP provides Rs 215 million to boost Pakistan microfinance sector
MicrofinanceFocus, July 22, 2009: The State Bank of Pakistan (SBP) has agreed to provide Rs 215 million under the Institutional Strengthening Fund (ISF) and signed on Tuesday Memorandums of Understanding (MoUs) with Pakistan Microfinance Network (PMN) and NRSP Microfinance Bank, stated a press release.
The country’s central bank will provide Rs 133 million to PMN over the next five years and Rs 82 million to NRSP Microfinance Bank over one year for promotion of microfinance services in the country. In addition, Rs 82 million have also been approved for Tameer Microfinance Bank over the next one year. |
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JCR-VIS assign rating to Tameer Microfinance Bank
Limited
Karachi, April 30, 2009: JCR-VIS Credit Rating Company Limited has maintained the medium to long term entity rating of Tameer Microfinance Bank Limited (TMFB) at ‘A-’ (Single A Minus). Short term rating has been upgraded from ‘A-3’ (A-Three) to ‘A-2’ (A-Two). Outlook on the ratings has been revised from ‘Negative’ to ‘Stable’.
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Telenor Pakistan acquires 51% of Tameer Microfinance Bank Karachi November 21, 2008: Telenor Pakistan has today entered into an agreement to acquire 51 per cent of the shares in Tameer Microfinance Bank for a foreign direct investment (FDI) of USD 12.5 million (PKR 1 billion approximately) through a direct rights issue. The proceeds from the rights issue will be used to finance the further development of the bank. The transaction is subject to full regulatory approval. |
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IFC Helps Strengthen Commercial Microfinance in
Pakistan
IFC Helps Strengthen Commercial Microfinance in
Pakistan: IFC, the private sector arm of the World Bank
Group, recently signed an advisory services agreement
with Tameer Microfinance Bank to help the institution
expand its outreach and provide greater access to
finance in Pakistan. |
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Soros Economic Development Fund Awards Its First
Microfinance Grant for Pakistan
The Soros Economic Development Fund (SEDF) is pleased to
award a grant of $175,000 to Tameer Microfinance Bank
Ltd, the fastest growing microfinance institution in
Pakistan. |
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May 19, 2006
Microfinance: myths and realities
Microfinance in Pakistan is literally taking its first
baby steps. With less than 12 % penetration of a
potential market of six million hoUseholds, the current
outreach is dominated by government programmes. |
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April 14, 2006
Source: The Daily Times, Pakistan
Tameer Micro Finance Bank Launches Fingerprint
Identifying ATMs in Pakistan. Biometric ATMs Are
Milestone for Reaching Unbanked Areas
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December 12, 2005 Washington, D.C.
The International Finance Corporation, the private
sector arm of the World Bank Group, has signed an
agreement to buy a 10 percent stake in Tameer, a
start-up microfinance bank that will focus on urban
areas in Pakistan. |
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August, 2005
DIG Announces Partnership with TAMEER Bank |
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