Corporate Corner: HBL signs MoU with Muller & Phipps

HBL has partnered with Muller & Phipps to offer first of its kind working capital financing solution

KARACHI: Financial inclusion is at the core of HBL’s business focus and HBL continuously strives to develop inclusive products for SMEs.

To facilitate financial inclusion and capacity building, HBL has partnered with Muller & Phipps to offer first of its kind working capital financing solution.

Through this initiative, pharmaceutical wholesalers and chemists associated with M&P will be able to avail convenient working capital financing without providing mortgage or fixed assets as security.

An MoU was signed by HBL Head of Branch Banking Aamir Irshad and Muller & Phipps CEO Kamran Nishat in the presence of HBL Head Retail Lending Asif Riaz and HBL Head of Corporate Banking South Saulat Ali Khan.  

Published in The Express Tribune, December 6^th, 2018.

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