HBL signs a collections agreement with Primus Investment Management Limited
Karachi, Feb 20, 2014 Habib Bank Limited (HBL) and Primus Investment Management Limited (PIML), subsidiary of Pak Brunei Investment Company Limited (PBICL) has signed a collections agreement to expedite the sales collections, which will enable PIML to consolidate funds in more efficient manner from across the country.
The collections arrangement will provide customers access to all HBL braches, the largest branch network in the country to make investments in multiple mutual funds. It will also facilitate business expansion and enhance their capacity to service customers.
The Managing Director PBICL, Ms. Ayesha Aziz, CEO PIML, Mr. Ahmed Ateeq attended the ceremony along with other PIML staff members.
The Group Head Payment Services HBL, Mr. Faiq Sadiq, Business Head South Branch Banking, Mr.Salman Razzaq, Unit Head South Cash Management, Mr.Nasir Hussain and other senior officials of HBL were also present at the occasion.