The first foreign investment of the new year has been announced in Pakistan, following positive developments in the oil and gas and capital markets.
According to details, a major boost has now come from the banking sector. The US stock exchange-listed company will make the investment in Mobilink Bank.
Mobilink Bank Chairman Aamir Ibrahim confirmed the foreign investment and said the funds would support the expansion of the bank’s digital banking operations.
He said the new capital would strengthen digital financial services, increase financial inclusion and provide customers with modern banking facilities.
