ISLAMABAD: VEON Group, the parent company of Mobilink Bank, has invested $15 million in fresh capital to drive the bank’s strategic ambitions, through its parent.

The capital investment will empower the bank to expand its offerings in micro, small, and medium enterprise (MSME) financing, explore Islamic banking, and accelerate its ongoing transition into a technologically advanced, future-ready digital bank.

Chairman Mobilink Bank and CEO Jazz Aamir Ibrahim said this capital infusion underscores their steadfast confidence in the bank’s vision and trajectory.

With over 20 million monthly active users, the future focus of the bank was on inclusivity, technological innovation, and customer-centricity that will eventually help socio-economic and environmental progress in society.

Published in Dawn, January 3rd, 2025

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Not cricket
Updated 06 Apr, 2025

Not cricket

It is high time that the PCB sets things right; even if it demands a complete overhaul of the system.
Balochistan deadlock
Updated 06 Apr, 2025

Balochistan deadlock

Akhtar Mengal’s demands to release women activists should seriously be considered.
Escalating brutality
Updated 06 Apr, 2025

Escalating brutality

The world’s patience is running out. Israel must be held accountable under international law for war crimes.
Electricity relief
Updated 05 Apr, 2025

Electricity relief

If govt ensures that requisite power reforms are implemented, it will earn much praise for reforming a vital segment of the economy.
Trump’s trade wars
Updated 05 Apr, 2025

Trump’s trade wars

Shoddy math applied by US to indiscriminately penalise its trading partners signals the end of an era of global trade liberalisation.
Legalised land grab
Updated 05 Apr, 2025

Legalised land grab

The Modi government from its inception has been attacking India’s minorities, the largest such community in its crosshairs being the Muslims.