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Meezan Bank awarded ‘Best Islamic Bank in Pakistan’ by ASiAMONEY

April 16th, 2010

Meezan Bank, Pakistan’s first and largest Islamic Bank has been awarded ‘Best Islamic Bank in Pakistan’ for 2009 by ASiAMONEY magazine, Hong Kong. Meezan Bank also recently won the ‘Best Islamic Bank in Pakistan’ for 2009 by Islamic Finance News of REDmoney group, Malaysia.

This award was presented after conducting an extensive research and analysis over the past 12 months of Islamic financial institutions in the main markets of Asia and the Gulf States. Meezan Bank was awarded the ‘Best Islamic Bank’ in Pakistan for its commitment to quality, customer satisfaction, innovation and reliability.

2009 was a highly successful and record-breaking year for Meezan Bank, crossing Rs. 100 billion in deposits, Rs. 100 billion in trade finance (import & export) business, expanding its network to a total of 201 online branches in 54 cities across Pakistan and record profit-after-tax of over Rs. 1 billion.

Meezan Bank offers a complete range of Islamic banking products and services including free online banking for all Pak Rupee accounts at all its branches. The Bank’s retail banking network is supported by 24/7 banking services that include 160 ATMs, Internet Banking and a 24-hour Call Center. The Bank has recently launched its VISA Debit card that allows its customers to shop at more than 30 million merchants worldwide and withdraw funds from their accounts from more than 1.4 million ATM’s worldwide.