JS Bank customer wins trip to FIFA World Cup finalKARACHI (PR): In-line with the ongoing FIFA World Cup 2014, JS Bank customer was announced to be the lucky winner for the Win a Trip to the Final Game of 2014 FIFA World Cup promotion. VISA, one of the chief sponsors of FIFA - 2014 ran a spent campaign in Pakistan. As a result, JS Bank VISA Debit Card Customer from Islamabad, Mirza Hammad Muhammad Baig emerged as the winner of the campaign and will experience an all-expenses paid trip to watch the FIFA World Cup Final, live in Brazil on 13th July 2014. The trip covers airline tickets to Brazil, meet and greet arrangements, transportation, 5-day/4-night accommodation on cruise ship MSC Divina for two persons, all food and beverage while on-board the ship, tickets to the final world cup match, hosted at the Estádio do Maracanã in Rio de Janeiro on July 13, 2014, along with prepaid Visa cards covering their spending money for the trip. Syed Tauqir Haider Rizvi, Business Head North - JS Bank stated, “JS Bank is pleased to have its customer being awarded the all expenses paid trip to watch the FIFA world cup Final. We look forward to our valued clients continuing to gain from their banking experience with us”, Mirza Hammad claimed “I am grateful to JS Bank for this wonderful opportunity that I have gained and look forward to further developing my relationship with it due to its long standing commitment to ensuring customer satisfaction. I know how popular the FIFA World Cup is and how fans have wanted to watch the grand final but couldn’t get the chance.”
Pacra maintains ratings of NIB BankLAHORE (PR): The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of NIB Bank Limited (NIB) at “AA-” (Double A Minus) and “A1+” (A One Plus), respectively. These ratings denote a very low expectation of credit risk. The rating of the listed, unsecured, and subordinated TFC issue of Rs4,198m has been maintained at “A+” (Single A Plus).
Huawei launches new smartphone Ascend Y330 LAHORE (PR): Huawei, a leading global information and communications technology (ICT) solutions provider, has unveiled the highly anticipated Huawei Ascend Dual SIMs Smartphone Y330. The new smartphone redefines excellence with top-notch features, matt texture, ultra-fast connectivity, easier navigation and a compact design which brings smart life to the next one billion users. With a 4-inch display, Android 4.2.2 operating system, and a 3MP camera, Huawei Ascend Y330 is designed to make it possible for people to express excellence with edge, anytime, anywhere.Huawei Ascend Y330 provides an edge with enhanced strength and durability against everyday use. With large fonts, icons and easy identification, it has a simple and friendly User Interface. It gives easy switch between Emotion UI 2.0 and Simple UIHuawei redesigned Ascend Y330 from the inside out, significantly improving the performance of the smartphone’s hardware and software to redefine user experience. Performance of this handset speaks for itself. This phone comes in five classic colors- white, black yellow, yellow and red. Furthermore, quite an impressive amount of 4 GB Storage is provided, which you can expand later by adding an extra microSD cardHuawei Ascend Y330 has all the necessary components to provide easy communication and enjoying innovation at its best. Lot more is expected from the company in coming times, as they are known to deliver the best.
Mobilink expands free 3G services to 10 major citiesISLAMABAD (STAFF REPORTER): Mobilink expands its free 3G services to 10 major cities across Pakistan as a means to thank its customers for the trust that they have placed in Mobilink for the past 2 decades. Mobilink acquired the 10 MHz 3G licence and launched 3G services in 8 major cities of Pakistan in April 2014 which has expanded to 10 cities in June. With an aggressive roll-out plan for the future Mobilink is currently providing free 3G services in Karachi, Quetta, Faisalabad, Lahore, Islamabad, Rawalpindi, Peshawar and Multan while Gujranwala and Sialkot have been added recently. Mobilink is the only operator that offers its customers completely free 3G services in Pakistan.Bilal Munir Sheikh Chief Commercial Officer, Mobilink commenting on the extension of free 3G services said, “It is part of our strategy to take a forward looking approach regarding 3G roll-out and providing 3G services to our customers. We are serving our customers with the 10 MHz spectrum which takes their data experience at par with the international arena. We have yet again taken a lead in the industry by offering free 3G services which is a way to pay gratitude to our customers who have made Mobilink the No. 1 operator of Pakistan. I am confident that our unmatched customer experience and robust network will uphold the tradition of providing unrivaled services to our customers in the days to come.’’Mobilink’s aggressive roll-out of 3G services has received an overwhelming response from the customers as mobile data uptake grows exponentially. In order to empower customers with the latest 3G technology, Mobilink’s free 3G services are complemented with frequent launch of 3G enabled smart phones and tablets. Mobilink will continue to expand its 3G network and provide quality mobile data and internet services to customers across Pakistan.Mobilink prepaid customers can simply type SUB and send SMS to 7003 to activate 3G services, while postpaid customers can call Mobilink Customer Care Centers on the 111 Mobilink Helpline to get the services provisioned on their handsets. To confirm availability of free 3G service in their area, customers can dial *443# from their handsets and get immediate notification about the 3G coverage. Customers who do not have 3G ready handsets can experience 3G services at Mobilink Business Centers on exclusively available 3G enabled handsets and tablets.
NIT announces results KARACHI (PR): National Investment Trust Limited (NITL), the largest asset management company of Pakistan, has declared interim distribution for all Funds under its management for the year ending June 30, 2014. The announcements were made through a press release issued by NITL on June 30, 2014 after its Board of Directors approved the interim distribution for all Funds under its management. It was stated that NIT is presently managing five Funds with assets under management of around Rs. 85 billion.NI(U)T FundThe Board has declared an interim cash dividend @ Rs. 4.10 per unit for unit holders of NI(U)T for the year ending on June 30, 2014 as compared to Rs. 3.75 per unit for the year ended on 30th June 2013.This dividend distribution along with appreciation in unit price offered an annualized return of 56.26% up to June 27, 2014.NIT-State Enterprise Fund (NIT-SEF)The Board has declared an interim dividend of Rs. 120 per unit in the form of bonus for the year ending June 30, 2014. This bonus along with price appreciation in unit price offered an annualized return of 24.78% up to June 27, 2014.NIT – Equity Market Opportunity FundThe Board has declared an interim dividend of Rs. 20 per unit in the form of bonus for the year ending June 30, 2014. This bonus along with the price appreciation in unit price offered an annualized return of 30.79% up to June 27, 2014.NIT Government Bond Fund (NIT-GBF)The Board has declared an interim distribution of Rs. 0.75 per unit for the year ending on 30th June 2014. Those unit holders who opted for cash dividend will get dividend in the form of cash and those who opted for bonus will get bonus units. The payout in the form of dividend/ bonus along with price appreciation in unit price offered an annualized return of 7.63% up to June 27, 2014.NIT Income Fund (NIT-IF)The Board has declared an interim distribution of Rs. 0.72 per unit for the year ending on 30th June 2014. Those unit holders who opted for cash dividend will get dividend in the form of cash and those who opted for bonus will get bonus units. The payout in the form of dividend/ bonus along with price appreciation in unit price offered an annualized return of 7.05% up to June 27, 2014.