Subscribe to get the latest news & updates.
Karachi May 04, 2015: HBL, Pakistan’s largest bank has come into an arrangement with FINCA Microfinance Bank Ltd for the collection of loan installments through HBL Express network.
As a part of its vision and social responsibility, HBL launched its branchless banking services under the premise of financial inclusion for low cost delivery of basic financial services; serving the unbanked and underprivileged segments of economy. Finca Microfinance Bank with a multinational presence in 23 countries upholds the same values serving the same segment through micro-crediting.
HBL Payment Services Head, Mr. Faiq Sadiq termed the union as the first real steps towards financial inclusion where two financial institutions are bringing forward their core expertise and bundling them together to serve a common goal.
Mr. Mudassar Aqil, CEO FINCA Microfinance Bank Ltd, on the occasion shared his views about the Micro-Finance industry and Branchless Banking being two sides of the same coin where in the future, one can’t go without the other.