Corporate corner: Askari Bank first to open at Gwadar Port  

Askari Bank has become the first bank to have its presence at the premises of the port


Press Release December 15, 2016
PHOTO: FILE

ISLAMABAD: Askari Bank opened its new branch at the Gwadar Port premises. The branch was inaugurated by Gwadar Port Authority Chairman Dostain Khan Jamaldini. Also present were Rashid Nawaz Tipu Group Head - Askari Bank, Rashid Iqbal Shaikh Regional General Manager - Askari Bank, Peter Hu Deputy General Manager China Overseas Port Holding Company Limited and other prominent personalities from the business community of China and Pakistan. By opening this new branch, Askari Bank has become the first bank to have its presence at the premises of the port, which is emerging as the hub of economic activities in the region. This initiative will also serve the growth and development of China-Pakistan Economic Corridor (CPEC). The bank is already involved in a number of projects aligned with CPEC, including the Neelum Jhelum Power Project, upgrade of the Karakoram Highway, Suki Kinari Power Project and a number of motorway, railway and airport projects.

Published in The Express Tribune, December 16th, 2016.

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