Karachi : National Bank of Pakistan (NBP) and Pakistan State Oil (PSO) signed a strategic agreement, through which NBP will be using PSO fuel cards to procure fuel for the generators being used across the entire NBP network including its head office, 30 regional offices and approximately 1,300 branches nationwide. This agreement is the result of a joint initiative of Zubair Ahmed, SEVP/Group Chief, LSS&EG-NBP and Arif Nasib, General Manager Marketing Services-PSO. The agreement was signed by Malik Amir Sultan, SVP/Wing Head, NBP and Rustom. H. Mavalvala, Deputy General Manager, Cards Division, PSO.
Through this agreement, PSO, Pakistan’s Oil Marketing Company (OMC) and NBP, one of the country’s largest commercial banks have partnered to establish a transparent and cost effective process of fuel consumption for NBP and centralise the payment process utilising the PSO Cards Fuel Management solution. This will result in cost efficiency and hassle-free payment processing.