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"We are overcoming the physical presence of our channels by introducing an embedded financing program with different Agri Fintech" - Vimarsana News

"We are overcoming the physical presence of our channels by introducing an embedded financing program with different Agri Fintech"

Historically, farmers had very few options on their grips to promote their agri-farming. Informal lenders and MFIs are still the major sources of borrowing for marginal farmers though banks are also scaling up agri-financing programs across the country.

SBP governor hopes CA deficit to stay around 1.5pc of GDP - Vimarsana News

SBP governor hopes CA deficit to stay around 1.5pc of GDP

KARACHI: Pakistan Banking Awards 2023 ceremony was held on Friday evening here. Governor State Bank of Pakistan...

Meezan bags top honours at banking awards - Business - Vimarsana News

Meezan bags top honours at banking awards - Business

Habib Bank bags 3 awards; Bank Alfalah hangs on to crown of best digital bank for 2nd consecutive year.

Source: dawn.com
LandBank to use space data for agri-financing - Vimarsana News

LandBank to use space data for agri-financing

THE Land Bank of the Philippines (LandBank), Philippine Space Agency (PhilSA), and the Department of Science and Technology-Advanced Science and Technology Institute (DoST-ASTI) entered into a partnership for the integration of space data to financing strategies for the agriculture sector.PhilSA Director General Joel Joseph Marciano, Jr., LandBank Senior Vice President Elcid Pangilinan, and DoST-ASTI representative Alvin Retamar signed a memorandum of agreement on Aug. 8, 2023 in Quezon City.In a statement on Thursday, LandBank said that this collaboration will include the development and util...

Agri financing hits record Rs1.78trn in FY23 - Business & Finance - Vimarsana News

Agri financing hits record Rs1.78trn in FY23 - Business & Finance

KARACHI: With a 25 percent impressive growth, the financial institutions disbursed all-time high Rs 1.776 trillion...