April 5th, 2022
Meezan Bank, Pakistan’s leading Islamic bank has recently signed an agreement with Sui Northern Gas Pipelines Limited (SNGPL), the largest integrated gas company in North Central Pakistan, to enable digitalization of consumer bill collection via the Bank’s state-of-the-art Transaction Banking Solution (eBiz+).
The agreement was signed by Mr. Irfan Siddiqui – Founding President & CEO, Meezan Bank and Mr. Ali J. Hamdani – Managing Director & CEO, SNGPL in the presence of other key management members including Mr. Ariful Islam – Deputy CEO, Mr. Abdullah Ahmed – Group Head Corporate & Institutional Banking, Mr. M. Saqib Ashraf – Head Transaction Banking and Mr. M. Munir – Head Payments & Cash Management from Meezan Bank, and Mr. Faisal Iqbal – Chief Financial Officer, SNGPL.
As per the agreement, Meezan Bank will provide transaction banking services (eBiz+) to SNGPL enabling payment of gas bills by the residents of Punjab, Khyber Pakhtunkhwa (KPK) and Azad Jammu & Kashmir (AJ&K) via e-channels and branch banking avenues offered by the Bank.
On this occasion, Mr. Ali J. Hamdani shared SNGPL’s ambition to become a leader in sourcing energy across Pakistan while providing ease of access to its consumers via eBiz+ collection services.
Mr. Irfan Siddiqui, also commented on the occasion, stating, “The agreement between Meezan Bank and SNGPL will not only strengthen the Bank’s transaction banking portfolio but will also improve the bill collection process by making it more accessible to millions. SNGPL is already a trusted corporate client for the Bank and this agreement further strengthens our relationship.”