Source: Temenos |

Silkbank Goes Live with Temenos Infinity to Supercharge Digital Banking in Pakistan

The improved digital onboarding and banking experience gives Silkbank a competitive edge

Pakistan’s Silkbank reimagines digital banking for retail and business customers with AI-powered Temenos Infinity to accelerate adoption, build engagement and drive market growth; digital banking powered by Temenos Infinity will help Silkbank to attract and retain customers and drive customer growth. Temenos (SIX: TEMN), the banking software company, today announced…

United Nations Children’s Fund (UNICEF)
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    • COVID-19 pandemic leads to major backsliding on childhood vaccinations, new WHO, UNICEF data shows
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Source: United Nations Children’s Fund (UNICEF) |

COVID-19 pandemic leads to major backsliding on childhood vaccinations, new WHO, UNICEF data shows

23 million children missed out on basic childhood vaccines through routine health services in 2020, the highest number since 2009 and 3.7 million more than in 2019

23 million children missed out on basic vaccines through routine immunization services in 2020 – 3.7 million more than in 2019 - according to official data published today by WHO and UNICEF. This latest set of comprehensive worldwide childhood immunization figures, the first official figures to reflect global service disruptions…

Temenos
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    • UBL signed an agreement with Temenos and NdcTech to modernize and scale its digital banking strategy across all channels. Picture shows the virtual signing ceremony, with Mr. Shazad G Dada, President & CEO UBL, (3rd left) & Ms. Ammara Masood, CEO & President NdcTech, (3rd right) along with senior executives of both organizations. Bottom picture (left to right:) Mr. Juan Cejudo, MD MEA – New Business Development, Temenos and Mr. Jean-Paul Mergeai, President Asia & MEA Temenos
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Source: Temenos |

UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels

Through this agreement, the bank has embarked on a digital transformation journey across all channels, products and segments

UBL, Pakistan's fastest-growing digital bank, has signed an agreement with Temenos (SIX: TEMN) (www.Temenos.com) and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution. As a pioneer of innovation in the Pakistani Banking industry, UBL, earlier this year, launched Pakistan’s first Islamic Digital Account and the…

Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation (ITFC) signed New Framework Agreement amounting to US$ 4.5 billion

The Agreement will facilitate identification of other areas of cooperation at country and regional levels and to enhance and promote trade

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a 3-Year Framework Agreement for a cumulative amount of US$4.5 billion with the Government of Pakistan in order to provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea. Within the context of…

International Islamic Trade Finance Corporation (ITFC)
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    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (1)
    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion

The financing available through this facility will be utilized for import of crude oil, refined petroleum products and LNG during the year 2021

Makhdum Khusro Bakhtyar, Minister for Economic Affairs witnessed the signing ceremony of International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) Annual Financing Plan 2021 for the Government of Pakistan, amounting to US$ 1.1 billion. The document was signed by Mr. Noor Ahmed, Secretary, Economic Affairs Division and Eng. Hani Salem Sonbol,…

Source: Temenos |

Bank of Khyber transforms to Temenos Core and Digital Banking Platform

Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs

Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next generation core banking, Temenos Infinity digital banking platform, Financial Crime Mitigation and Analytics. The implementation was carried out by Temenos’ Middle East implementation partner based…

Arab Petroleum Investments Corporation (APICORP)
Source: Arab Petroleum Investments Corporation (APICORP) |

Arab Petroleum Investments Corporation (APICORP) extends a USD50million revolving construction facility to Yellow Door Energy to finance solar projects

Facility to be used for developing solar energy assets in key markets across the region including Jordan and Pakistan

Financing facility to YDE is in line with APICORP’s (www.APICORP.org) strategic drive to support energy diversification and access to sustainable power in MENA region; Facility to be used for developing solar energy assets in key markets across the region including Jordan and Pakistan; YDE currently has over 110 megawatts of…

Source: World Health Organization (WHO) |

Coronavirus: How polio personnel are pivoting against COVID-19

On World Polio Day, we recognize the immense contributions of polio workers to COVID-19 response and acknowledge the major challenges ahead

World Polio Day, on 24 October, is when the world comes together to celebrate the determination that has brought us 99% of the way to ending polio, and reflect on the heights we must scale to defeat the disease completely.    This year, Africa was declared free of wild poliovirus, a…

Source: United Nations Programme on HIV/AIDS (UNAIDS) |

Coronavirus: President of Nigeria unites behind the call for a People’s Vaccine for COVID-19

Nigeria is the most populous country in Africa, home to more than 200 million people, and has the third highest number of COVID-19 cases in Africa

The President of Nigeria, Muhammadu Buhari, has announced that Nigeria will be joining the urgent global call for a People’s Vaccine for COVID-19. The President endorsed the initiative and released an official public statement in favour of the campaign. “Learning from the painful lessons from a history of unequal access…

Source: WHO Regional Office for the Eastern Mediterranean |

Coronavirus: Regional Director press briefing statement

COVID-19 has shown that the world was very much underprepared to respond

By Regional Director, WHO Regional Office for the Eastern Mediterranean COVID-19 is now a part of our daily lives. It is affecting the way we work, learn, communicate and manage our relationships. While people are eager to return to their normal lives, the reality is that the situation is not getting any better.…