NADRA Technologies Limited (NTL) and Habib Bank Limited (HBL) have made a joint alliance through a Branchless Banking Super Agency Agreement. With this deal, over 5,500 NADRA e-Sahulat centers will provide branchless banking financial transfers using the brand name of HBL Express.
This is a strategic merger between HBL and NADRA Technologies that will provide financial solutions to a vast banking deprived population of Pakistan. It is a joint incentive of both the organizations to offer financial solutions in order to improve the total growth in the country.
HBL had conducted Branchless Banking operations this April by the name of “HBL Express”, with the aim to cater the needs of under privileged and under/un banked people of the country.
With HBL Express, the bank offers easy and reliable banking solutions to the needy people at reasonable prices through its agent network spread in the whole country. With the recent association, it can now further extend the services on the E-Sahulat franchises of NADRA Technologies.
The deal was made at NADRA’s Head Office between Tariq Malik, CEO NTL and Faiq Sadiq, Head – Payment Services HBL, here in Islamabad. The senior officials of both entities including Gohar Marwat Khan, Deputy CEO, NADRA Technologies Limited, Mr. Azfar Jamal -Branchless Banking HBL boss, and Mr. Saleem Rafik, DG Operations, NADRA Technologies Limited, attended the ceremony.
Tariq Malik said on this event that by making collaboration with HBL, we can improve the peoples’ lifestyles by offering those banking solutions which bring transparency and documentation of the economy. He said the joint deal will support the Synergies of HBL Express and NADRA e-Sahulat by initiating HBL Express branchless banking solutions at NADRA’s 5,500 centers. Our powerful presence in the far flung areas would offer branchless banking solutions to our less privileged public, he said.
Faiq Sadiq also commented on this occasion as, “This association will enable HBL Express to integrate its branchless banking pathway in Pakistan while giving reliable services to its customers as the entire financial transfers are done with complete safety and security.”
Branchless Banking Solutions not only brings value to the quality of e-sahulat franchises but will also further increase the consumer trust in e-Sahulat outlets, as an authentic and innovative name in the ever increasing competitive scenario.