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SME Bank Signs Memorandum of Understanding with MobiDirect (Pvt.) Ltd

Press Release
By Press Release

Islamabad: President & CEO SME Bank Ltd. signed a Memorandum of Understanding (MOU) for digital payments, processing & switching services with MobiDirect at SME Bank’s Head Office, today.

Speaking at the occasion, President & CEO SME Bank emphasized that this MoU shall be instrumental in enabling SME Bank not only to provide better services to its niche market but also channelizing SMEs banking activities thereby contributing towards National Financial Inclusion objectives. The President & CEO expressed the confidence that the recent signing of MoUs, with MobiDirect & Virtual Remittance Gateway, and subsequent expected agreements with these PSOs/PSPs shall be the cornerstone for the future growth of the Bank and SME Bank’s contribution in developing SME Sector of Pakistan.

Source: http://smebank.org/media-center/activities/

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