MCB President visits bank branches

LAHORE (PR): In accordance with MCB Bank Ltd’s core values of customer centricity and keeping the bank’s customers at the heart of its operations, President Imran Maqbool and the senior management team of MCB Bank visited different branches of the Bank’s vast network to greet and thank their customers for their continued patronage.

During the visits, the senior members of the MCB Bank management greeted walk-in customers and also distributed souvenirs and Pakistan themed memorabilia to them. They also interacted with customers to answer queries and address their banking concerns.  The customers were delighted to meet senior members of the Bank and enthusiastically shared their feedback on MCB Bank’s products and services.

In addition to President MCB Bank, Imran Maqbool, the senior delegation comprised of Retail Banking Group (RBG) heads; Zargham Khan Durrani (RBG North) and Nadeem Afzal (RBG South) and other group heads of the bank. Participation by MCB Bank’s senior team left a positive impact and created an overall delightful experience for customers visiting the branches.

 

EFU’S CSR initiative

KARACHI (PR): ‘Meri Shaan, Mera Pakistan’ is a CSR initiative by EFU Life in collaboration with Commissioner Karachi Division to reclaim the walls of major public areas of the city through thematic wall art, and aims to eradicate wall chalking and negativity on walls.

The campaign rejoices the spirit of patriotism, and depicts the rich cultural heritage of Pakistan. Celebrating the cultural diversity of its people and yet unified under the nation’s flag is the underlying theme of the campaign.

Taher G Sachak, MD & CEO, EFU Life said: ‘I take this opportunity to thank Ejaz Ahmed Khan, Commissioner Karachi and his team for the support, guidance and commitment in making this project a success. “What makes this campaign truly unique is not only the underlying message of patriotism, but the involvement of the youth, with active participation from the students of different universities to execute the project.”

Commissioner Karachi Division commended this collaborative effort. Marking the 69th year of Independence of Pakistan, EFU Life beautified the walls at Ayesha Manzil (Shahrah-e-Pakistan) and National Coaching Centre.

 

Punjab College results

LAHORE (PR): Punjab College students bag first three positions in Commerce Group, in recently announced Federal Board Intermediate Results 2016. Warda Khursheed and Wajeeha Mohsin clinched 1st and 2nd positions, securing 956 marks and 928 marks respectively. Third position was shared by Tasmia Azhar and Muavia Naseer with 927 marks. They are also Punjab College students.

Position holders attributed their brilliant performance to their own hard work, teachers’ excellent coaching and guidance and their parents’ prayers.

 

Greenvalley Supermarket celebrates anniversary

LAHORE (PR): Lahore: Greenvalley supermarket at the Mall of Lahore has established itself as a leading retail brand in a short span of time. Recently its anniversary was celebrated with a fun-filled day of value shopping and other fun activities. The flagship store was bustling with customers who were excited to avail amazing offers on their favorite products. A cake cutting ceremony was also held and the chief guest at the occasion was Justice (r) Mrs Nasira Iqbal, daughter-in-law of late Sir Allama Iqbal.

Greenvalley is the only retailer in Pakistan to have won an award at the “International Retail Property Award” and the first supermarket in Pakistan to receive an ISO and HACCP Certification.

Mrs Maleeha Sami, a regular customer, said, “The edge Greenvalley has over its competitors is that they host the widest range of international and local brands at best prices, all under one roof”

Rehan Ashraf, another customer said, “Shopping at Greenvalley is a completely new experience and has transformed grocery shopping into a fun-filled activity full of excitement”

Muhammad Hisham, Area Manager Greenvalley said, “We are continuously striving to enhance the shopping experience of our customers and hopeful that they appreciate our efforts and keep coming back”

Greenvalley Premium Supermarket, a project of Bahria Town is offering the finest retail experience in Pakistan that combines the convenience of a supermarket along with the services & expertise of a specialist shop. With stores in Bahria Town Rawalpindi & Mall of Lahore it has over 25 specialized departments including Bakery, Groceries, Cosmetics, Electronics, Home Décor, Toy Section, Pet-Care, Stationary, Baby-Care, Kitchenware and many more, Greenvalley is based on the motto of finding “everything under one roof”, at the most competitive prices. Designed by international consultants who have worked on the finest retail brands worldwide. Greenvalley is known for its world-class interior, top-of-the-line customer services and the widest range of local & imported products at the most competitive prices. Greenvalley Hypermarket in Bahria Town Rawalpindi also enjoys the same success as its flagship store in Lahore, and expansion plans with more branches including Bahria Town Karachi and other cities are already underway.

 

Breakout celebrates 6th anniversary

LAHORE (PR): Breakout, Pakistan’s fastest growing high street clothing brand, celebrated its 6th anniversary with children from SOS village in Lahore. Their anniversary comprised of an arranged trip of SOS children to their flagship store where they picked up a clothing item of their own choice. Breakout every year commemorates their anniversary with children of SOS as a means to give back to the society. Approximately 50 children celebrated this year’s anniversary filled with interactive activities. Breakout currently has an ongoing sale of 50% on summer stock in all their outlets for their customers.  Breakout is the fastest growing high street retail brand of Pakistan, with 45 outlets in 12 cities.

 

 

Lenovo announces results

LAHORE (PR): Lenovo Group (HKSE: 992) (ADR: LNVGY) has announced results for its first fiscal quarter ended June 30, 2016. Quarterly revenue was $10.1 billion, a six percent decrease year-over-year (or four percent decrease in constant currency). Quarter-to-quarter, this represented a 10 percent increase. First quarter pre-tax income increased 297 percent year-over-year to $206 million. Net income increased 64 percent year-over-year to $173 million.

Lenovo’s first quarter financial performance occurred during a period when the core markets saw either slow growth or year-over-year industry declines: PCs were down 4.1 percent and tablet shipments fell 11.1 percent, while server industry shipments were essentially flat with smartphone markets growing 0.7 percent.

At the same time, the RMB continued its depreciation, capping overall growth potential during the quarter.

“Although the macro-economy and our industries remain challenging, causing a decline in our revenue, we significantly improved our profit year-on-year through innovative products and strong execution. Our PC business delivered strong profits and our smartphone business stabilized compared to last quarter,” said Yuanqing Yang, Chairman and CEO of Lenovo. “Going forward, in PCs we will focus on high growth segments and leverage industry consolidation to resume growth.  In smartphones, we will leverage innovative, differentiated products and continue to shift to higher price bands to drive growth and turn around this business.  In data centers, we will continue to expand in hyperconverged technology, and improve profitability in the hyperscale business.”