JS Bank hosted an Iftar Dinner on Sunday at a local hotel in Karachi to mark the Holy month of Ramadan. JS Bank has a long standing tradition of hosting an Iftar for prominent personalities of media, its employees and other distinguished guests. The event was thoroughly enjoyed with the live screening of the Champions trophy final for all the valued guests and made even more special due to the great win by Pakistan.

Ali J. Siddiqui, Chairman JS Bank welcomed all the guests and congratulated them on the auspicious occasion of the holy month of Ramadan. He hoped that Ramadan will bring peace, justice and equality in Pakistan. Imran Haleem Shaikh, Head of Marketing also stated that the Holy month of Ramadan demonstrates the true spirit of Islam. We hope and look forward to the message of peace being spread everywhere.

JS Bank in collaboration with JS Group’s charitable arm, Mahvash & Jahangir Siddiqui Foundation has also been hosting its annual daily Iftar’s at selective branches nationwide to support the less privileged people. The program runs for the entire holy month of Ramadan, helping thousands of people every year.

JS Bank is one of the fastest growing banks in Pakistan, with 307 branches in 152 cities including one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit www.jsbl.com.

JS Bank held its annual Iftar for the media, attended by Ali J. Siddiqui, Chairman and Khalid Imran, President with JS Bank’s marketing team and employees.

JS Bank has been awarded with “Clean Energy Branches Award” at the 6^th Energy Awards organized by The Pak Energy Review. Mr. Mustafa Brohi, Senior Vice President – Marketing and Brand Management JS Bank received the award on behalf of the Bank.

The award recognizes the positive impact JS Bank has had through its successful conversion of branches to Solar Power, which includes all computers, servers; ATM and teller stations, paving a way to help overcoming energy crises in Pakistan.

Over the years, JS Bank has always strived to benefit the country and its citizen through various green initiatives leading to an environmentally sustainable planet, converting its branches to Solar, indulging in various philanthropic activities through its charitable arm, Mahvash & Jahangir Siddiqui Foundation to supporting tree plantations.

JS Bank is one of the fastest growing banks in Pakistan, with 307 branches in 152 cities including one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit www.jsbl.com

Mr. Mustafa Brohi, Senior Vice President JS Bank receiving the Clean Energy Branches Award at the 6th Energy Awards 2017 on behalf of JS Bank.

Mahvash & Jahangir Siddiqui Foundation (MJSF) and USAID have signed a memorandum of understanding to address development challenges in Pakistan. Both partners seek to provide collective opportunities and support to people of Pakistan through their ongoing and upcoming projects in the areas of education, healthcare, social enterprise, disaster relief and women empowerment. Furthermore, the partnership intends to foster linkages with US institutions in the mutually agreed areas.

Speaking at the occasion, Suleman Lalani, Director MJSF, said “Our partnership with USAID reflects our commitment of working for the betterment of Pakistani society”

John Groarke, Mission Director USAID Pakistan, said “The partnership agreements we are signing today will address social development challenges of Pakistan. I’m excited by the possibilities of what we can accomplish through our creative collaboration and sharing of expertise, knowledge and resources to empower Pakistan”.

USAID is an independent Federal government agency that receives overall foreign policy guidance from the Secretary of State. Their mission in Pakistan is focusing on energy, economic growth including agriculture, resilience and education and health sectors.

The Mahvash and Jahangir Siddiqui Foundation is a non-profit organization that has been working towards healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals. Foundation goal is to promote economic development and to enhance the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential. MJSF is one the charitable arms of JS Group.

Suleman Lalani, Director Mahvash & Jahangir Siddiqui Foundation and John Groarke, Mission Director USAID at the MOU signing ceremony to jointly address development challenges in Pakistan.

Speakers at the Seminar on Emerging Digital Ecosystem – Prospects and Challenges, organized by Dellsons in association with JS Bank, have emphasized for the collective efforts to promote the digital Ecosystem in Pakistan by adopting the collaboration mindset.

Seminar featured some of the most insightful speakers from across Pakistan, Europe and the Africa. The seminar was attended by over 50 delegates including CEOs and executives of JS Bank and Group Companies

Syed Irfan Ali, Executive Director Banking Policy and Regulation Group, State Bank during his keynote as the guest of honor said that for the overall digital ecosystem development in Pakistan, a consultative and collaborative approach is required among different stakeholders.

He said that in line with the government’s vision for digital financial inclusion in the country, SBP is serving more as an enabler helping financial institutions transform themselves into digital service providers and creating awareness among the masses to fully capitalize this opportunity for the betterment for all.

Partnerships between banks and financial technologies firms or FinTechs and starts-ups are needed to succeed in this competitive banking landscape of the future. He also shared with the audience that currently SBP is working on the regulation framework for introducing Digital Bank Category in Pakistan which will be aligned with today’s customers’ expectations.

Ali J. Siddiqui, Chairman JS Bank in his keynote said that there are various opportunities for the digital ecosystem in the country. He said that the payment system in the Pakistan is going to digitalize and Fintech companies are gaining space in those areas where banks have not invested or peoples are unbanked.

He went on to emphasize the importance of adoption and change, he highlighted that financial services industry is at the cusp of a digital revolution and incumbents financial institutes will not get a second chance if they do not act fast to transform themselves.

The emergence of the digital forces – Social, Mobile, Analytics, Cloud and the Internet of Things (IoT) – are creating new and valuable avenues and the means to do the cost effective business. The task at hand is certainly not easy. The digital shift is also a cultural shift, with new skills required to meet new "digitally aware” customers, he concluded.

Addressing the seminar, Nadeem Shaikh, Fintech Titan and Founder and CEO of Anthemis Group, an investment and advisory firm focused on digitally native financial services, delivered the international keynote on “Impact of Fintech’ s on Financial services industry”.

Nadeem said that there is a need that banks and financial institutions should prepare for the upcoming challenges of fast growing Fintech industry, he highlighted that incumbents banks needs to redefine their customer and more specifically the competition landscape, he observed that banks are not competing against their pair banks only the biggest threat will come from Fintech and tech giants.

He shared valuable insights about how the Fintech and Startups are reinventing the cost models based on emerging technology and Data, he observed that Fintech companies are looking to be platform companies rather than developing services and products.

Njuguna Ndung’u, Ex-Governor Central Bank of Kenya, in his keynote shared insightful perspective on the success of M-Pesa and the Impact on the Kenyan Economy and People, He went on to explain the M-Pesa methodology and Execution Strategy.

He emphasized that mobile financial services are now proven models, which can have a positive impact on the financial inclusion and need to be adopted in the emerging markets.

The basic aim of the seminar was to bring all the senior management of JS Bank and Group companies on one platform to make collective efforts for promotion of digital banking and highlight the importance of Digital Technologies in today’s digital world.

A group photo (right to left) of Ali J. Siddiqui (Chairman, JS Bank), Syed Irfan Ali (Executive Director Banking Policy & Regulation Department, State Bank of Pakistan), Njuguna Ndung’u, (Economist & Former Governor, Central Bank of Kenya), Nadeem Shaikh (Founder & CEO, Anthemis) & Khalid Imran (President, JS Bank) at the Emerging Digital Ecosystem- Prospects & Challenges seminar.

Future Trust and USAID have signed a memorandum of understanding to address development challenges in Pakistan. Both partners seek to provide collective opportunities and support to people of Pakistan through their ongoing and upcoming projects on science, technology and innovation for promoting youth employment and entrepreneurship. Furthermore, the partnership intends to foster linkages with US institutions for innovation & technology transfers.

Speaking at the occasion, Ali Raza Siddiqui, Chairman Future Trust, said “Our partnership with USAID will provide a great opportunity to the youth of Pakistan in acquiring progressive education and career guidance”

John Groarke, Mission Director USAID Pakistan, said “Through this partnership, both the partners are coming together with the shared goal of empowering Pakistan by promoting technology and innovation for advancing employment and entrepreneurship for the youth of Pakistan.”

USAID is an independent Federal government agency that receives overall foreign policy guidance from the Secretary of State. Their mission in Pakistan is focusing on energy, economic growth including agriculture, resilience and education and health sectors.

Future Trust is a non-profit benevolent philanthropic organization, a charitable trust, set up by JS Group for the promotion, advancement and encouragement of technology and innovation against poverty and general improvement of socio economic conditions and living standards of the people of Pakistan. It supports youth in acquiring progressive education, vocational and career guidance and entrepreneurship. JS Group is one of Pakistan’s largest and most prominent business entities.

Ali Raza Siddiqui, Chairman Future Trust and John Groarke, Mission Director USAID at the MOU signing ceremony to jointly address development challenges in Pakistan.

JS Bank signs up as the franchise’s “Official Partner” for the second season of the PSL

Regarding the partnership, JS Bank Marketing Head Imran Shaikh stated “It’s a pleasure to partner with an organization like Islamabad United who share our vision for a better Pakistan and they have done a remarkable job, especially after having won the last Pakistan Super League in attracting others to this wonderful sport. Cricket has always been very close to JS Bank as we have been promoting cricket in the country since 2011. JS Bank has initiated various tournaments like JS Bank Women’s T20, JS Bank Chairman’s Cricket Tournament and also supported the promotion of wheelchair cricket to provide opportunities for Pakistan’s youth to showcase their talent and skills at the highest level”

Islamabad United owner Ali Naqvi added, "We are delighted to partner with one of Pakistan’s leading banks. Not only does JS Bank share our philosophy of bringing international standards and practices to Pakistan, but their work in CSR is something that correlates with our vision. Through their various initiatives they have aimed to build an educated, healthy and prosperous Pakistan with dignity and honour for all, by providing healthcare, education and promoting economic and social development of underprivileged members of our society. Both our organizations have similar viewpoints towards the supremacy of quality, and thus we do believe that this is the ideal partnership for us.”

The partners have expressed interest and intend to collaborate on various initiatives post the PSL as well, both on and off the field.

Press Release by PSL:  Islamabad-united-press-release