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11 Feb 2012

Warid-Bank Alfalah to Phase into Branchless Banking

Abu Dhabi Team (ADG) has indicated to release an impartial cellular economical solutions company through join-venture of Financial institution Alfalah and Warid, an formal media declaration said.

The group will start Pakistan’s mobile-banking market with mixture of two subsidiaries that will create a branchless and automated eco-system including products and value idea for suppliers, companies, customers and the govt market.

Ali Abbas Sikander will be going the mobile-banking side of Abu Dhabi Team. He proved helpful with popular worldwide financial institutions and led effective e-banking and branchless checking tasks previously in Pakistan and overseas.
The name of service brand has not been revealed clearly, however there will be number of smaller companies and career produced and fast dealings of money will be done easily.

ADG is one of biggest traders in Pakistan and has been managing in the nation since 1997. The audience companies have over $6.5 billion dollars in complete resources in Pakistan. ADG has put in in checking, telephony, property, insurance, sugars, resource management and heath care treatment groups.

“It should be a matter of great relaxation and fulfillment for our checking and telephony clients that their specific companiens reveal a common perspective to provide cellular centered economical solutions which are practical, need centered and secure”, Atif Bajwa, CEO, Financial institution Alfalah said. I am sure this will confirm to be a very positive step towards the financial and social progression of the nation and for customer economical access.

Muneer Farooqui, CEO Warid Telecom mentioned that Pakistan telephony market has proven an explosion over the past, and now with the release of cellular economical solutions our readers will be outfitted with highly available and practical technological innovation beyond conventional bank offices to ensure the much needed economical addition in this nation.

Pakistan is considered as style for mobile-banking solutions in the world as the market has experienced considerable progression in application by the clients through excellence, assurance and personal preference.

Via ProPakistani.Pk