Bank Alfalah, Pak Suzuki join hands to offer ‘Finance Arrangement Program’

KARACHI ( TARIQ REPORT )

In line with its commitment to facilitate customers in every possible way, Bank Alfalah has partnered with Pak Suzuki Motor Company Limited (PSMCL) to offer ‘Finance Arrangement Program’ to their extensive customer base.

The program will cater to the evolving financial needs of mutual customers by delivering innovative solutions with value-added benefits.The collaboration has been designed to boost Bank Alfalah and PSMCL’s market standing and footprint by growing their respective shares in Pakistan’s Auto Finance industry.

The MoU signing ceremony took place at Shahdin Manzil, Lahore in presence of senior officials from both organizations. Mr. Atif Bajwa – CEO and President, Bank Alfalah and Mr. Hirofumi Nagao – Managing Director PSMCL, signed the agreement.

Speaking on the occasion, Mr. Atif Bajwa said, “We are delighted to have strengthened our business ties with Pak Suzuki further through this significant partnership. Bank Alfalah and PSMCL, being key players in Pakistan’s financial and auto sectors respectively, have convergent customer facilitation goals which, we are confident, will be achieved through this major development. As we move further, we want to strengthen this partnership by helping PSMCL’s supply and distribution chains through another layer of financing options.”

Mr. Hirofumi Nagao said, “I believe this is an ideal time for such initiatives in Pakistan as the interest rates are decreasing and the economic outlook looks promising. I hope that we will continue with this momentum. We are confident to further grow our share and explore more viable business avenues together.”

Bank Alfalah Limited is making relentless efforts to facilitate its customers by rolling out innovative digital banking solutions. The Bank consistently creates alliances with businesses and service providers to provide ease, convenience and power to its customers.