Meezan Bank, Pakistan’s first and largest Islamic bank and Dawlance Pvt Limited, a leading Consumer Durable Company have recently signed a Transaction Banking Agreement for automated collections through Meezan Bank’s state-of-the-art, web-based electronic solution, eBiz+. The agreement was signed by Mr. Umar Ahsan Khan – CEO, Dawlance Pvt Limited and Mr. Muhammad Abdullah Ahmed – Group Head, Corporate & Institutional Banking, Meezan Bank at the Dawlance Head Office. Senior executives of both organizations attended this ceremony.
As per the agreement, Meezan Bank will provide Transaction Banking Services to Dawlance through its fully automated transaction banking solutions offering customized instruments and services designed to manage the company’s incoming and outgoing cash flows, commerce and asset management.
While speaking at the occasion, Mr. Abdullah Ahmed said: “Meezan Bank focuses on providing end-to-end transaction banking solutions in order to deliver standardized reporting, value-added services and efficient and safe services. This agreement is a testimony of the Bank’s expertise in the field of Transaction Banking through which it is offering its customers digitalized collections solutions for a hassle-free banking experience.”