Soneri Bank, MasterCard launch debit card

KARACHI (PR): Soneri Bank Limited, one of Pakistan’s leading private commercial banks, and MasterCard announced the launch of MasterCard Debit Cards for the bank’s customers.

The deal, covering the entire Pakistan market, allows Soneri Bank customers to exclusively leverage the power of MasterCard’s global presence to enjoy anytime, anywhere access to cash as well as numerous local and international merchant locations

MasterCard debit cards exclusively issued by Soneri Bank will come equipped with the latest technology to ensure safe and secure transactions and will offer cardholders a host of features and benefits including worldwide acceptance, emergency services, enhanced fraud protection and more.

Amin Feerasta, Chief Operating Officer (COO) Soneri Bank speaking at the occasion said, “Soneri Bank always adopts customer-centric approach, we are the pioneers in providing the ATM services to the Northern Areas of the country with our branches and ATM network growing incrementally. We believe that partnering with MasterCard for Soneri Debit Card would open more avenues to provide innovative services to our customers”.

Aurangzaib Khan, Country Manager, Pakistan and Afghanistan, MasterCard, said, “The agreement will make everyday transactions easier and more secure for customers of Soneri Bank – regardless of how or where they shop or make payments. As a technology company in the payments industry, MasterCard serves as a critical link that connects millions of consumers to businesses and banks all over the world, and we’re committed to leveraging the power of our industry-leading solutions to drive the use of electronic payments in Pakistan and transition the country towards a world beyond cash.”

Al Baraka Bank, Al-Ghazi Tractors join hands

KARACHI (PR): SBP has always taken keen interest in providing credit facilities for agriculture sector to support existing farmers to expand their farming capacity and encourage people to invest more in the sector.

In order to promote the SBP initiative for SME sector and for agri financing, a memorandum of understanding (MoU) was signed between Al Baraka Bank (Pakistan) Limited & Al-Ghazi Tractors Limited, for the facilitation of ‘tractor financing’ at Al Baraka House, Karachi.

This MoU will allow the farmers and agriculturists to avail Shariah compliant financing options for rural financing including financing of tractors and other credit facilities, with quicker processing and flexible payment options.

Al-Ghazi Tractors Limited has a strong background with more than 20 years of experience in tractor manufacturing and spare parts.

Al Baraka Bank (Pakistan) Limited (ABPL) is a part of Al Baraka Banking Group, Bahrain, which represents one of the oldest and most experienced Islamic Financial Institutions in the world, today.

Islamic finance course for Meezan Bank staff

KARACHI (PR): Meezan Bank, Pakistan’s leading Islamic bank, recently organized a ‘6-Day Advanced Islamic Finance’ course for its staff members at its Learning & Development Centre - Karachi. This course forms part of the Bank’s regular efforts to keep its staff members updated on the latest developments in the field of Islamic Banking and Finance as well as to enhance their understanding of practical issues underlying day-to-day business and financing transactions.

The course was conducted by industry renowned Shariah scholars and Meezan Bank’s skilled professionals. Different modes of training including classroom training, discussions, group projects and case studies were employed during this comprehensive course. The course was designed to take Islamic finance professionals at the Bank - particularly those who deal with the high-end transactions, customers and other stakeholders directly- to advanced levels of practical knowledge.

The program was tailored to enhance the professional skills of the Islamic bankers of Meezan Bank by stimulating discussions and developing their understanding of Islamic finance by combining theoretical concepts with real world business scenarios

WEF’s ‘Young Global Leader’

LAHORE (PR): World Economic Forum has selected PML-N’s MPA (Punjab) Hina Pervez Butt as Young Global Leader for year 2016. She is amongst eleven outstanding persons who have got this white feather. She said, “I am happy as this achievement belongs to Pakistan.” World Economic Forum selects 11 persons every year under 40 who share development and other activities of their countries on every forum.

Huawei GR3 launched

LAHORE (PR): Huawei has officially launched its all new medium range smart phone Huawei GR3 in Pakistan. The leading global technology giant is all set to mark the year of 2016 for Huawei as it has already outgrown successfully in Pakistani market. Huawei GR3 is one of the best smartphone introduced in the market in the current year. The consumer market of Pakistan has already been fascinated by superior quality Huawei products. And adding to this, Huawei GR3 was the most awaited smart phone in the market.

Huawei has designed the GR3 with a superior aesthetic touch and make it elegant and glamorously stylish. Huawei GR3 has a single piece back cover made with aircraft graded aluminum metal. The metallic body gives the lustrous look and smooth, silky touch to the smart phone. Furthermore, the body design is streamlined in a professional craftsmen fashion that gives an amazing experience to hold it. This exciting new product is available in three distinct colors like titanium gray, silver and champagne gold. Slightly curved back and finely creased edges make Huawei GR3 highly exquisite product, no doubt.

Another important feature of Huawei GR3 is its Camera. Huawei GR3 offers a 13MP rear camera for professional photography results and the best videography choice. However, the 5MP front camera is just a perfect combination to enjoy exciting selfie sessions and recording Video clips for friends and family, but most importantly, for social media accounts for example dub smash. Apart from such fascinating specifications, Huawei has offered the all new GR3 against the amount of only PKR. 25,499/-.