Corporate corner: Samba Bank, Al Meezan sign agreement
This partnership has increased Samba Bank Ltd wealth management product suite with mutual funds
KARACHI:
Samba Bank Ltd and Al Meezan Investments have signed an agreement to become distributing partners. The signing ceremony was recently held in Karachi and attended by Samba Bank President and CEO Shahid Sattar accompanied by Al Meezan Investment CEO Mohammad Shoaib. This partnership has increased Samba Bank Ltd wealth management product suite with mutual funds. “We expect the WM to be beneficial not only to the banks revenue stream but mainly giving our clientele an option to invest in another product that will help them earn higher returns and do not get effected by the diminishing interest rates scenario.”
Published in The Express Tribune, January 29th, 2016.
Samba Bank Ltd and Al Meezan Investments have signed an agreement to become distributing partners. The signing ceremony was recently held in Karachi and attended by Samba Bank President and CEO Shahid Sattar accompanied by Al Meezan Investment CEO Mohammad Shoaib. This partnership has increased Samba Bank Ltd wealth management product suite with mutual funds. “We expect the WM to be beneficial not only to the banks revenue stream but mainly giving our clientele an option to invest in another product that will help them earn higher returns and do not get effected by the diminishing interest rates scenario.”
Published in The Express Tribune, January 29th, 2016.