Askari Bank Ltd. (AKBL) and Sindh Board of Technical Education (SBTE) signed an Memorandum of Understanding (MoU) whereby the former will offer its consumer banking products to the latter’s employees on preferred rates and flexible terms and conditions.
The signing ceremony was attended by SBTE Chairman Saeed Ahmed Siddiqui. Speaking on the occasion, he said that it was a mutually beneficial arrangement for both AKBL and SBTE, as employees of SBTE will be able to avail financing facility at preferred rates with flexible terms and conditions, whereas at the same time AKBL will grow its consumer portfolio with a reliable customer base.
Regional General Manager AKBL Waqarul Islam said that this MoU between the
two companies will strengthen the mutual relationship.
Published in The Express Tribune, February 15th, 2014.
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