News Column

HBL, IBA signs pact for banking services

July 8, 2014



Habib Bank Limited (HBL) has signed an agreement with Institute of Business Administration (IBA), Pakistan's most trusted name in higher education sector for banking services.

The solution will allow IBA to avail customized payroll and salary account services for IBA's employees in Pakistan. HBL employee banking solution will provide debit cards, internet banking, SMS alerts, mobile-phone banking, and consumer leading (mortgages, auto financing, personal loans & cedit cards) on preferential terms. These services will be further extended to IBA students to facilitate them with customized banking products.

Nauman K Dar, President & CEO HBL, said, "HBL is proud to be a strategic partner with IBA, Pakistan's premier business school with a glorious legacy of almost 60 years. For us at HBL, this partnership reflects education as the core focus of our business as we would be working alongside an institution that acts as a driving force for domestic as well as international economies. This alliance will facilitate IBA's faculty and its students."

Dr Ishrat Husain, Dean & Director at the occasion said, "IBA is pleased to enter into this agreement with HBL. We hope that the IBA community - the students, faculty, staff and other stakeholders will benefit from the efficient and convenient financial services which HBL is likely to provide at our campuses."


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Source: Pakistan Press International


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