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HBL and the Pakistan Column Office Department (PPOD) accept entered into a 20-year cardinal accord to added cyberbanking admittance by leveraging calendar technology.

Under this agreement, HBL will accommodate investments in the anatomy of technology, basement and accommodation accessory to the PPOD with the cold of enabling, technology based and authoritative adjustable digital, cyberbanking casework in far flung areas of Pakistan and to advice actuate Pakistan Column into a avant-garde acumen aggregation in the continued run.

Under the cardinal alliance, PPOD shall accommodate branchless cyberbanking casework to its barter application HBL Konnect, the Bank’s Branchless Cyberbanking platform.

At called locations beyond the Pakistan column network, HBL will additionally abode automatic teller machines (ATMs) and banknote drop machines (CDMs) to added abutment barter and enhance the calendar cyberbanking account capabilities accessible at Pakistan Column locations.

This affiliation will see HBL Konnect’s administration brand aggrandize from its accepted arrangement of 40,000 agents to added than 53,000 locations beyond Pakistan.

Muhammad Aurangzeb, President and CEO – HBL, commented, ‘As the best accelerating Bank in Pakistan, HBL is committed to leveraging technology for the advance of the economy. Digitalization is creating opportunities to drive the cyberbanking admittance calendar of the Bank at a abundant faster clip by acceptance us to ability out to absolute and new segments, in a bland manner.’

Muhammad Akhlaque Rana, Director General Pakistan Column said, ‘Pakistan Column has entered into Cardinal Accord with HBL for Digitalization of Cyberbanking Casework with an advance portfolio of Rs.118 billion spanning a aeon of 20 years.’***

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