HBL – IBA signs MOU for Banking Services

Karachi: July 08, 2014 HBL, Pakistan’s largest Bank, recently signed an agreement with IBA, Pakistan’s most trusted name in higher education sector for HBL employee banking solution. The solution will allow IBA to avail customized payroll and salary account services for IBA’s employees in Pakistan. HBL Employee banking solution will provide Debit Cards, Internet Banking, SMS Alerts, Mobile / Phone Banking, Consumer Leading (Mortgages, Auto Financing, Personal loans & Credit Cards) on preferential terms.These services will be further extended to IBA students to facilitate them with customized banking products.

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Mr. Nauman K Dar, President & CEO HBL, said, “HBL is proud to be a strategic partner with IBA, Pakistan’s premier business school with a glorious legacy of almost 60 years. For us at HBL, this partnership reflects education as the core focus of our business as we would be working alongside an institution that acts as a driving force for domestic as well as international economies. This alliance will facilitate IBA’s faculty and its students.”

Dr. Ishrat Husain, Dean & Director at the occasion said,“IBA is pleased to enter into this agreement with HBL. We hope that the IBA community – the students, faculty, staff and other stakeholders will benefit from the efficient and convenient financial services which HBL is likely to provide at our campuses.”