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UBL companions with U Microfinance Financial institution Restricted to advertise monetary inclusion in Pakistan

by News Updater
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UBL & U Financial institution lately partnered to advertise monetary inclusion in Pakistan. Seen within the image are Mr. Shazad G Dada, President & CEO UBL (seated, 2nd proper) and Mr. Kabeer Naqvi, President & CEO U Financial institution (seated, 2nd left) together with senior executives of each organizations.

United Financial institution Restricted (UBL) and U Microfinance Financial institution Restricted (U Financial institution) lately signed a Memorandum of Understanding to advertise monetary inclusion in Pakistan and to open up a number of avenues for collaboration, together with Medium to Lengthy Time period Debt Funding, Retail TFC, Islamic Microfinance Funding, Industrial Paper and synergizing their respective enterprise to scale. The ceremony was held in UBL Head Workplace in Karachi.

The signing ceremony was presided by Mr. Shazad G Dada, President & CEO UBL and Mr. Kabeer Naqvi, President & CEO U Microfinance Financial institution Restricted together with senior executives of each banks together with Mr. Farooq A Khan, Group Head CIBG & FI, Mr. Muhammad Tayyab Khurshid, Unit Head FI and different executives from UBL and Ms. Mariam Pervaiz, Chief Industrial Officer & Chief of Employees, Mr. Muhammad Farooq Kamran, Head of CB&I and Mr. Mohsin Aslam, Head Budgeting Planning and Company Finance from U Microfinance Financial institution Restricted.

Mr. Shazad G Dada, President & CEO UBL, on the occasion, stated “As the ‘Best Digital Bank’ of Pakistan, we are looking forward to our strategic alliance with U Bank, with the aim of expanding the scope of financial inclusion across the country. It presents an exciting opportunity to further strengthen our digital prowess to bring state of the art financial solutions to our combined customer bases.”

Mr. Kabeer Naqvi, President & CEO U Financial institution stated “We are delighted to establish this partnership, which is aimed at exploring avenues to collaborate, design innovative products and work together in moving the banking sector forward. This alliance will help us serve more customers and bring more Pakistanis in to the banking net.”



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